A Word From the Editor
January 2009 by Scott HarnWhat is the true price of gold? Is there a physical gold shortage? Is the government intervening in the gold futures market? And an update on our new website.
The lesson of keeping one’s eyes open to other possibilities is one of the great secrets of successful prospecting. Prospectors need to always be on the lookout for opportunities.
The beauty of natural gold is widely appreciated by both prospectors and mineral collectors, but the pinnacle of beautiful natural gold specimens are the spectacular crystalline formations.
We have learned over the years, of course, that “previous development,” “roadless,” and “local support,” are in the mind of the beholder.
There is one rule of thumb when prospecting for gold in Alaska: You’ll find your best pay in southern-sloped exposed ground. This is not to say there’s no gold on northern exposed gulches where the sun has trouble reaching it and limited melting occurs. It’s harder, and more time consuming, to look for easy prospects in northern exposures.
This past four weeks saw a major shift in the scope of financial headlines. Where recent months have focused almost entirely on the “subprime” crisis and resultant credit problems, the US Dollar itself became the center of attention last month as it entered a period of severe decline against the Euro, Australian Dollar, British Pound, Swiss Franc and Canadian Dollar.
- Bernhardt confirmed
- State of Montana to appeal Rock Creek decision
Excerpts for CMJ published 50 years ago this month.
The Bawl Mill • Reading A River: Finding The Paystreaks—Part II • Placer Gold in the Ortiz Mountains • Miners Discuss Struggles at NWMA • Ask The Experts—Where to Take Sulfide Ore for Processing • Ask The Experts—Where Would The Most Gold Tend To Be In This Deposit? • East Coast Dredger Heads West - Part I • Growing Pains of the Learning Curve • Stillwater At Half Speed • Elko County Has Highest State Median Income • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Pebble Deposit Reveals Mineral Potential