Melman on Gold & Silver
February 2005 by Leonard MelmanMost American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
The American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.
Nearly a century after the luxury liner RMS Republic sank off Nantucket, treasure hunters are still battling over the ship’s cargo, which some believe includes gold coins now worth more than $1 billion.
The California State Gold Panning Championships are part of the Foresthill Heritage Celebration, which has increased in stature a lot this year. The addition and growth of the annual California State Lumberjack Championships to...
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
A UC Berkeley professor says the federal government is using an analysis method that seriously underestimates the economic impact of critical habitat designations for imperiled species.
Back at our campsite, while the rest of us grabbed a late four o’clock lunch, Fallyn volunteered to do the clean-up panning.
• Doing less with more
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The Bawl Mill • Shortage of Mining Engineers Projected • Ex-MarketWatch Mining Promoter Settles Charges • Carbonatites • Sage-Grouse Listing Denied • The Art of Finding Coarse Gold—Part III • Tongass Approves Kensington Mine Plan • PLP Interim Rule Raffle • California Miners Locate Rich Pocket of Specimen Gold • The Lucky Shot Mine • BC Premier Heralds "Golden Decade" in Forestry and Mining • Drywashing for Eluvial Gold in the Desert—Using a Portable Drywasher and Hand Tools • Claim Filings Up in the Northwest • Canadian Officials Foresee Little Impact From Mine • Coeur d'Alene Mines Sees Future in Bolivia • The Golden Highway—Nevada County • Mining Stock Quotes and Mineral & Metal Prices • Looking Back