Melman on Gold & Silver
August 2003 by Leonard MelmanDuring the past month, we have witnessed an orgy of buying on many of the world’s markets with Japan soaring by over 1,000 points (see Nikkei chart), Germany and France rallying strongly and here in America, the NASDAQ Index has risen to over 1,700 (see chart). However, when we look at the economic fundamentals, it appears to be a case of, as Sir Winston Churchill might have put it, “Never have so many become so excited about so little.”
The zone of influence of each sample must be carefully considered when deciding how far sample sites should be spaced from each other.
• States can manage their own roadless areas
• Forest lands and suction dredging
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
The story is similar to what has played out over the past several years. The Karuk Tribe of northern California, with the support of several environmental and fishing groups, sues the California Department of Fish & Game in an attempt to stop suction gold dredging in the state. At the same time, they find a state legislator sympathetic to their cause and persuade the legislator to introduce a bill to stop suction gold dredging.
GATA’s claims of gold market manipulation “were publicized by the South African press and were presented to important South African officials,” stated Murphy in a recent press release. Here are a few of the highlights:
Located in Contra Costa County in the East Bay region of the San Francisco Bay Area, Mount Diablo was the site of the largest coal mining operation in the state in the last half of the nineteenth century. The northern foothills of the mountain produced nearly four million tons of coal.
The Bawl Mill • House Resources Committee Addresses Environmental Scare-Tactics —by House Resources Committee & Chairman Richard Pombo • Precious Metals in the Patagonia Mountains • Over the Divide • Idaho-Maryland Mine—History Restarted • Montana Candidate Sees Natural Resources as Path to Recovery • Judge Rules Against Oregon Miners—Battle Continues • Lake County "Diamonds"—Renewed Value for an Old Favorite • Moving the World's Largest Machine—The Bucyrus 2570W Walking Dragline • Mother Lode Gold, California • News From the Pacific Legal Foundation • Maine to Create Mineral Park • Mining Stock Quotes and Mineral & Metal Prices