Melman on Gold & Silver
December 2002 by Leonard MelmanIf there was ever a month for the financial markets to rejoice, the one just past would appear to have been ideal. Oil prices declined sharply...the Fed revved up the economy by smashing short-term interest rates to their lowest levels since World War II...and, perhaps most important of all, the Republican Party now has possession of a clean sweep of American political power, controlling the Presidency, Senate and House while Conservatives dominate the Supreme Court.
“When Irish Eyes Are Smiling” is the title to one of the world’s most famous songs, but it might also take on new meaning if a junior mining company succeeds in bringing its plans to fruition.
Products from the mining industry contribute to winter safety and comfort for Nevada residents.
Anyone who has found a patch knows the difficulties involved. Those who haven’t can guess, and with any effort will soon realize it.
Old tailing piles extend for miles. There was still plenty of water flowing here, so WPA members set up highbankers at several settling ponds.
I regularly get inquiries along the line of: “Hey, I found this rock, and I think it might be gold ore. How can I tell?” Prospectors are always on the lookout for gold-bearing rocks that may be the source of any nearby placer gold.
The Bawl Mill • Original Sixteen-to-One Mine Fights On • Solar-Powered Placer Sampling Equipment • Working the Belmont Mine—1953 (Part 3—Conclusion) • Company Notes • Picks & Pans: Gold and Bears • Gold in North Dakota • The North Star Mine • Dectecting Alaskan Gold Nuggets • The Ancient History of Gold • Columbians Continue Search for Emeralds • Mining Stock Quotes and Mineral & Metal Prices