Melman on Gold & Silver
April 2011 by Leonard MelmanSomehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
...rising inflation has been perhaps the greatest single positive influence during past golden bull markets, and the fires of inflation, particularly those driven by rising food prices, do appear to be glowing ever brighter.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
The Bawl Mill • Mining Claims—What to Know Before You File • Prospecting Underground: Use Caution • Small-Scale Concentrating and Recovery Methods • 5th Circuit Ruling May Benefit Miners • Indicator Minerals for Gold & Silver • Mud Men: Pocket Miners of Southwest Oregon Part III • Legislative and Regulatory Update • Mining Stock Quotes and Mineral & Metal Prices • Silver Mining Returning to Texas