Melman on Gold & Silver
December 2011 by Leonard MelmanOne of the most popular medicines commonly available is “Dramamine,” defined to be, “… used to prevent and treat nausea, vomiting, cramps and vertigo associated with motion sickness,” according to our favorite medical dictionary. Well, after watching the various financial, political and psychological gyrations that have been taking place in the world’s markets over the past month, we might suggest that some sort of psychological Dramamine might be in order.
...controversy and animosity seem to be steadily increasing, quite possibly to the benefit of our precious metals as gold is now resting comfortably above $1,300—the highest level in more than two years as of mid-February.
A report from the Bureau of Land Management (BLM) titled "Public Rewards from Public Lands—Fiscal 1998", shows that minerals production is the largest income producer for the federal government on BLM-managed lands.
Recent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.
The Bawl Mill • Our Readers Say • Ask the Experts—Looking up mining claims on the Internet • Ask the Experts—Access to mining claim across private land • Ask the Experts—Best way to identify calaverite and sylvanite • Legislative and Regulatory Update • WSGS Releases New Geologic Maps • Prospecting on the North Yuba • Yesterday's Gold—Today's Mine • Where to Find Gold in Indiana • Prospecting Australia—Part III Anatomy of a Nugget Patch in Western Australia • Nevada Miners: Check Your Claim Markers • Managers at Fault for Two Deaths at Meikle Mine • Cold Water Gold • River Dredging vs. Creek Dredging—Part I • Mining Stock Quotes and Mineral & Metal Prices