Melman on Gold & Silver
June 2002 by Leonard MelmanWe are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
We’ve been busy with a plethora of projects, all aimed at gathering gold into a pile big enough to brag about. We’re not there yet, but I’ll show you some of the interesting projects we’ve completed since we talked last.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Suction gold dredging at Real Del Castillo, a remote and seldom visited old gold mining camp less than fifty miles north and east of Ensenada, Mexico.
I returned to the WSPA claim. Still smug from my previous success, I was thinking I could not fail. However, the gold gods had other plans.
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Mining Investment—Or Fraud? • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • The Canton Lead • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Mining Stock Quotes and Mineral & Metal Prices