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Melman on Gold & Silver
August 2003 by Leonard Melman
During 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.”Maine to Create Mineral Park
The Maine Geological Survey is raising money to acquire a cluster of world-famous mines and create the state’s first public mineral park for rockhounds, science teachers and others with an interest in rocks and minerals.
Ask The Experts: What to do with scheelite
Q: What can be done with scheelite? Why does the ICMJ never list tungsten in the metals prices?
Our Readers Say
Finding Streams of Gold
Without knowing or even thinking about it, I had put together a map that showed me a pattern of the ancient Sacramento River channel. I also had a distinct picture of where the ancient channels of several other creeks and rivers were running.
Rediscovering Placerville, California
Several areas came to mind, but each was eliminated for one reason or another. One that seemed to be hanging on was the old historic mining town called Placerville.
Selling Your Gold—Where To Start
I don’t know of any miner or prospector who really wants to sell their gold. But the income might be needed to keep the mine going, buy new equipment, take a vacation or put food on the table. Whatever the reason, where does a person start?
Legislative and Regulatory Update
• San Bernardino National Forest Closure
• Interior secretary wants reforms to 1872 Mining Law
• Nevada drops lawsuit over mining regulations
• Environmental extremists sue over mine operation
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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
