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Looking Back
February 2009 by Staff
Excerpts from California Mining Journal, our original title, published 50 years ago this month.Melman on Gold & Silver
After months of war news, rising unemployment, declining economic activity and heightened world tensions, the news background took a decided turn for the better last month—at least on the surface. The war in Iraq has died down to only an occasional moderate outburst. Tensions between Israel and its Palestinian neighbors appear to be on the decline. New unemployment claims have fallen and...
Ask the Experts
Q: ...where would you recommend selling class rings and other scrap gold?
The Tangential Impulse Water Wheel in California Gold Mining History—Part I
The modern tangential impulse water wheel, a device best suited for hydroelectric power production where high water head is available, is an ingenious device born in the historic gold mining industry of California in the 19th Century.
Melman on Gold & Silver
It started out as a modest tropical depression near the Bahamas and was forecast to hit the east coast of Florida and then peter out over land. Then it was forecast to hit south Florida and strengthen moderately over the Gulf of Mexico before hitting the Florida Panhandle as perhaps a Category One hurricane.
Why Did This Silver Mine Close? Pt II
During the mid-1800s until about 1920, the settlers of the West tended to be quite optimistic, but in reality they flew with a wing and a prayer.
Melman on Gold & Silver
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
A Primer on Bitcoin and Other Cryptocurrencies
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
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