Melman on Gold & Silver
April 2008 by Leonard Melman“What A Difference A Day Makes.” That song title accurately describes the huge change in momentum that occurred March 11, 2008, when the central banks of the world announced their rescue plan for the beleaguered international credit system, which appeared to be crumbling right in front of their very eyes.
The first actual discovery of gold made on the lands of what is now the State of Georgia is shrouded in the mist of history.
Let’s set up a thought experiment: Suppose you had some material that ran one ounce per ton gold, which is generally considered high grade to fantastic grade depending on the circumstances.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
Original Sixteen to One Mine, Inc. has experienced unreasonable heavy-handed enforcement by the federal Mine Safety and Health Administration (MSHA) for the past two years (see ICMJ January 2000 issue). The publicly listed company operates a traditional underground gold mine...
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The Bawl Mill • Gold Hits $1,000! What the Gold Price Is Telling Us • Assembling A First Class Mining Property • Quebec Tops Nevada in Survey of Miners • Relocating A Historic Vein • The Lost Silver Triangle of the Sierra Madre—Part I • The Mama John • Australia's First Gold Rush • Government to Buy New World Mine Claims • Mining Stock Quotes and Mineral & Metal Prices