After it was shared on social media site Reddit the footage has been … The old prospectors left a lot behind. Most placer gold found throughout Michigan is […] Much like peak oil we’ve picked the low hanging fruit wherever it has been found. As of last year, the show had been on for six years and while a few things have been found here and there that provided hope for a bigger cache, things were going slowly, to say the least. Since gold is found all over the world, it has been mentioned numerous times throughout ancient historical texts. Legend has it, in the late 1880s, a group of bandits successfully raided the Mexican city of Monterrey and carried off a treasure trove of silver and gold, diamonds, statues and Catholic vestiges. “This state is so vast and uncharted. Figuring out the total amount of gold that has been produced by man is a little harder. To get at some kind of estimate, let's figure that the world has been producing gold at 50 million ounces a year for 200 years. In the newly released video, explorers are shown wiping away mud from bars revealing their shiny gold surface. Peak gold takes this phenomena into account. Typically it takes about 20 years to go from discovery to full scale gold mine. ... "We have found … The famous gold areas of Alaska, California, and many of the western states still produce lots of gold, and even many of the states across the Midwest and east coast have gold that can be recovered by prospecting. There you go … it’s all about ‘rights’ again. The prospector found it in a nearby place where hundreds of gold diggers have searched before, which makes the event even more surprising. Gold played an important role in ancient Egyptian mythology and was prized by pharaohs and temple priests. In addition to glacial deposits, there are also some known lode deposits that are found here. When it comes to oil reserves the big ones stick out like a sore thumb. Lode discoveries have been made across the state, but most have been very low-grade, and gold production has been a byproduct of other mineral extraction efforts. Gold is a little different because it is very hard to find. Gold has traditionally been seen as a safe haven for investors, and many others are spending time looking for it. However, the new civil war won’t be between the North and the South – this one will be between the government and the treasure hunters who claim they found the location of the buried gold as far back as 2005 and have been denied their rights to it. He believes that the difference may have been the equipment. Gold has been discovered in nearly every state in the U.S. To date, more than 750 gold coins have been recovered. Gold can be found throughout Michigan. “I believe there’s more undiscovered gold out here than has ever been found,” Gonzales says. 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