Melman on Gold & Silver
April 2002 by Leonard MelmanWell, will wonders never cease!? It appears that Fed Chairman Alan Greenspan actually smiled when giving his most recent testimony to Congress. Actually, he was so upbeat that he carried the whole stock market with him—as well as others around the world. In fact, if there was one over-riding characteristic of the past month, it was the return of optimism over the economic future.
The Senator’s office was very receptive to the small miner’s plight and was unaware of the dire problems created by the over-regulation of small-scale mining from so many different fronts. It was pointed out that S 145 may help the large mining companies a little, but falls woefully short in addressing the needs of small operators who make up 85% of domestic mines.
Federal agents seized two tons of copper coins featuring Republican presidential candidate Ron Paul and 500 pounds of silver during a raid on the headquarters of a group seeking to dissolve the Federal Reserve.
Down around 10 or 12 inches I hit a large cobble that appeared to be one type of hot rock for this area. I thought bad things about the new technology until I checked the rock.
Only one word truly describes the greatest source of headlines during the past month and that word is “politics.” With the November 6 Congressional and Presidential elections drawing ever closer and with both party’s conventions having been recently concluded, we take a serious look at the political situation below.
Within the arid desert regions of the American Southwest and Western Australia, drywashers have proven to be a simple and inexpensive method for concentrating placer gold. Drywashers are not limited to desert operations...
The Bawl Mill • 43 CFR 3809 Final Rule • Alluvial Fans • Platinum Claims on Heines Creek • Picks & Pans: Eureka! We Struck It Again • More on Meteorites • The Gold Hill and Iowa Mine, Boise County, Idaho: 1863-1895 • The First Prospectors • All That Glitters is Gold • Aussie Gold—Swinging Over to South Australia • Mining Stock Quotes and Mineral & Metal Prices