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Sailing the oceans in search of treasure is something of a fantasy for a lot of people.
Just imagine it, the gentle rocking of the boat…
Learning the language of the sea…
Manning the big, wooden ship's wheel…
The eventual end goal: finding the buried treasure on the deserted island that you located using the ratty, ancient map with a giant black "X" marking the spot.
Usually this type of imagining involves a hook for a hand, eyepatches, peg legs, and other such pirate accessories.
But it's the buried treasure that's central to this dream.
Unfortunately, in real life, "X" marking the spot is just that… a dream.
There is, however, unmarked buried treasure.
For example, a few years back, a married couple was hiking with their dog in the foothills of Sierra Nevada, Calif., on a path they'd traveled many times before.
On this particular morning, they happened to spot some rusty cans sticking out of the dirt.
They were filled to the brim with 1,427 24-karat gold coins dating back to the Gold Rush of the 1800s.
Talk about buried treasure.
The find made this couple $10 million richer.
It wasn't buried by seafaring pirates, but it was significant nonetheless.
And by no means is this buried treasure the last of such things to be discovered.
In fact, another treasure has been uncovered that's worth far more than $10 million.
You won't find it in the ocean though…
Mysterious find in the Chihuahuan Desert could mint a new millionaire every month for the next 11 years – Read more…
No Map, but Treasure All the Same
The "X" I'm talking about can't be found sailing the seven seas, but instead found trekking the hot, dry, dusty desert a few miles away from Pecos, Texas.
Well actually, "X" doesn't mark the spot, and there's no ancient, tattered pirate's map to lead you there.
That's what makes this enormous discovery so remarkable: the fact that no one knew it was there, despite others owning the land around it.
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.
Tags: Oil Prices