Chasing Dreams - Treasure Hunters And The Quest For Sunken Stashes Of Gold Bullion
Michalis 'BIG Mike' Kotzakolios


Defined Tag: Gold Bullion.

Gold reserves have always dictated the value of a particular currency, and the same has been true for close to three centuries now. It's not really shocking to think that during the past World Wars, enemy states targeted gold shipments of a particular country to cripple their economy. This was done either intentionally, with the sinking of ships carrying a stash of gold bullion, or accidentally, as with the sinking of ships carrying a bullions of gold during the course of battle. Nonetheless, the effects to the nation's economy back then were immense, further compounding the woes brought about by the prevailing war.

Fast forward to now, and a great number of those ships that traversed the Pacific still remain sunk, and majority of them still remain undetected. What does this mean? That the search for gold bullion stashes is in open season for treasure hunters all around the world, of course!

Before you decide to start entering what could be a very lucrative opportunity in treasure hunting, do bear in mind the following things which many treasure hunters have to go through:

* You have to secure the necessary permit from the country that owns territorial jurisdiction over the waters. Minus this permit, you may be violating their laws. Worse, they may even confiscate all your finds.

* Some countries gather your finds, and would instead reward you with a finder's fee. Other countries will allow you to keep your finds, but they will also ask you pay some fees that will amount to 50% or more of the total market value of all gold bullion at the time it was discovered.

* There are treasure hunters that proceed with their treasure hunting even without complying with the above considerations. Some of them get away with it, especially in territories considered as open waters, where no country exercise jurisdiction, or in territories hotly contested by several countries, like the Spratlys where a lot of General Tomoyuki Yamashita's gold is said to have sunk, where a lot of states are barred from enforcing their rules pending the resolution of their dispute.

Finding a stash of gold bullion is the ultimate aim of many treasure hunters. Some of them cradle this dream until it bears fruit. Others lose their enthusiasm after several failures. But failure is part and parcel of treasure hunting. Not every lead is a good one. And the only way to, well, strike gold, is to persevere.

It goes without saying then that the number one trait that a treasure hunter must possess is commitment.

BIG Mike is a well known author, developer and Adsense expert as well as the owner of Niche Maniacs - a unique Adsense Marketing System designed to build long-term passive income streams from Adsense, Amazon, YPN, Chitika and other PPC services.