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.
As we have noted through the years, perhaps the most direct, single influence on the future of gold and silver is their monetary opposite—currencies in general, the US Dollar in particular.
As an employer, every mining operation, large or small, is responsible for protecting the safety and health of its employees. Safety is also good business. An effective safety and health program can save $4 to $6 for every $1 invested. It’s the right thing to do, and doing it right pays off in lower costs, increased productivity, and higher employee morale.
Making it even semi-permanent allows any business that spends heavily on equipment, machinery and other business property to reap large, up-front tax breaks.
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