Melman on Gold & Silver
January 2004 by Leonard MelmanLast month saw a veritable mountain of good economic news come pouring out of government and industry. Industrial production was up; GDP rose strongly; unemployment rates came down; profits were up; consumer confidence readings rose; etc., etc., etc. And yet, strangely enough, the financial markets produced only a “molehill” of results.
I remember in the couple of years after that 1997 flood, prospectors around California did very well, taking ounces of gold from places that had not yielded any gold for years before that.
• More EPA woes
For now, MSHA is just collecting information. However, the information it collects will shape what comes next.
• The Forest Service worker who cried “wolf”
• Out of commission
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
I like to think in terms of “conductive mass” because it is a combination of both the conductivity of the metal and the size of the target that determine how a detector sees conductivity.
The Bawl Mill • From the Editor • Our Readers Say • Forest Occupancy Decision Stands—US Forest Service Withdraws Appeal • World Gold Council Launches New Gold Bullion Securities • Epithermal Gold-Quartz Veins • Gold in Arkansas • Picks & Pans: Winter Prospecting and "Forty Mile" Miller • Company Eyes Reopening Mine Near Troy • ICMJ's 13th Annual Photo Contest • Company Notes • A Guide to Overlooked Gold Deposits—Part V (Conclusion) • The Golden Highway—Calaveras County • Mining Stock Quotes and Mineral & Metal Prices