Melman on Gold & Silver
March 2003 by Leonard MelmanAs the wags have been putting it recently, it looks like the United States is caught between “Iraq and a hard place.” Every day for the past month we have read headlines about the likelihood of immediate war, and, based on those headlines, gold, petroleum and the financial markets have gone off on their tangents.
The State Division of Governmental Coordination said it should have been asked to review the project a year ago to make sure the mine complies with the Alaska Coastal Zone Management Plan.
• There's a fungus among us
• Taxpayers crash land in Arizona
• "What did you get arrested for?"
The hair stood up on the back of my neck when I saw this, especially the nice patches of wash in the bottoms of the gullies, a sure sign of an auriferous source being nearby.
If you confess to being a recreational "hands-and-pans" mining enthusiast, chances are you do not hold your own valid mining claim. You also realize locating a stretch of stream or river to legitimately dip your gold pan into is as much work to find as those precious flecks of gold.
…one thing is certain for the precious metals—these events reflect growing instability—and growing instability has historically been positive for the prices of gold and silver.
An attorney for the Pilgrim family told federal appeals judges that the National Park Service has no right to conduct a formal environmental review or create other roadblocks before granting access to their land within a national park.
Find huge gold nuggets with your metal detector! That has been the promise, and for a lucky group of detectorists in the Ganes Creek “Pound Club” the reality of finding gold at Ganes Creek, Alaska.
The Bawl Mill • The Steeple Rock District, New Mexico • The Hunt for Diamonds, Nunavut, Canada • Famous Yuba River Dredge Sinks • Gold in Maine? • Mud Creek Placer Mine Adventure • Junior Miners and Investors Gather in Canada • Picks & Pans: Dredging at Douglas Creek, Wyoming • Gold in Gossan • Company Notes • Gold Prospecting on the East Fork River, Alaska (Part III—Conclusion) • National Mining Hall of Fall and Museum Calls for Poetry • Mining Stock Quotes and Mineral & Metal Prices • Looking Back