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 Baja Gold Rush of 1889
Small amounts of placer gold can be found in many parts of Baja California, Mexico. The 700 mile long peninsula is mostly a desert region with many strange and unusual plants. There is also a central mountainous spine that is forested and reaches elevations as high as 10,155 feet.
Former Sunshine Miners Find Work in Montana
Like almost 200 other Silver Valley miners, Butch Dempsey used to work at the Sunshine Mine in Kellogg. But, along with dozens of the others, he now works for the Columbus, Montana-based Stillwater Mining Co., about 400 miles to the east...
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An Unusual Death in Downieville's Gold Rush
While women were extremely rare in the early California gold camps, their relative absence did not always guarantee their safety or protection if they happened to be of Mexican nationality. The most memorable, graphic example of this tendency took place in Downieville, seat of Sierra County located on a fork of the Yuba River.
Green Valley Gold District, Payson, Arizona
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