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.
Throughout the years, there have been many arguments upon which a huge bull market in gold has been based. These include the rapid escalation of inflation, a destabilizing world in terms of war or international conflict or...
The American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.
It was the first month of a new year, 1861. Three men, by the name of Young, Blake and La Rossney, who had been somewhat unsuccessful in river mining, went looking for gold elsewhere.
“I heard him hollering down in the hole as soon as I got there,” he said. “I was just glad to see him alive.”
In these types of cases I tend to listen to what my metal detector is telling me. The machine was very quiet, suggesting my initial impressions were right about the ground make up.
Because waiting for spring seemed to be taking forever, my 15-year-old granddaughter Grace and I decided to pan for gold sooner. The thought was…even if we did not find any gold, we would set a new record for absurdity—gold panning in the coldest weather!
- Getting back to nature...
- When tin is more valuable than gold
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