Melman on Gold & Silver
March 2004 by Leonard MelmanAs noted on page 26 of this publication, your columnist spent five days in January immersed in two important conventions regarding precious metals mining and, of all the pieces of information bandied about within the mining community, one unbelievable set of numbers, little known or noticed by the public—but of immense potential impact on our world of gold and silver...
...this debacle may easily lead to disenchantment with government programs in general and politicians of all stripes in particular. Historically, that kind of unrest has been positive for precious metals markets.
Every year there are large nuggets found by the diligent, and occasionally by the lucky newbie.
The nugget sat there in plain sight, though it was covered in dirt, while hundreds of people had passed that way every day.
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.
The surging price of gold is attracting a whole new generation of prospectors who are looking to find a bit of natural gold out in the hills. It’s certainly a lot different than it was six or eight years ago when gold was stuck below $300 per ounce.
• "A better working relationship needs to be established..."
The question of relentless government payouts continues to haunt the political system.
The Bawl Mill • Our Readers Say • Fair and Balanced? If You Have the Cash • Pocket Gold in Gneiss • Australian Prospector Detects 150-Ounce Nugget • The Tangential Impulse Water Wheel in California Gold Mining History—Part II • Picks & Pans: Dredging After The Flood • Mining Industry Enthusiastic About Prospects • Looking For Gold in All The Right Places • Fraser Institute Ranks Best Regions for Mining Investment • Ask the Experts: Recommended Reading—Part II • Red Lake, Ontario • Company Notes • Mining Stock Quotes and Mineral & Metal Prices