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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.”Legislative And Regulatory Update
• Bill introduced to repeal RAT
• Rock Creek — Alaska
• Rock Creek — Montana
Gold in Kansas and Oklahoma
The Great Plains region, contrary to popular opinion, is not entirely flat. There are areas of low hills and badlands, and it is in such areas where gold has been found. The areas of interest range from 700 to 3,000 feet in elevation, with annual precipitation ranging from 15 to 40 inches, in the form of summer thunderstorms and winter snow.
Legislative and Regulatory Update
- Zinke leaving office
- Property rights triumph over critical habitat says Supreme Court
- Water of the United States
Drywashing in Black Canyon, Arizona
May 2016After the hike and a quick snack break we gathered a few buckets of material to really dial in the drywasher for the most efficient recovery. This involves leveling the unit, setting the riffle box drop angle and regulating the speed in which the material is processed.
How to Properly Ground Balance to Find the Most Gold
Many new detector operators and even some experienced ones don’t pay enough attention to keeping their detectors in proper balance. The result is false targets as well as incessant chirping and chatter.
Melman on Gold & Silver
...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
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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
