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Melman on Gold & Silver

Well, 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.

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Company Notes


• Sterling Mining Co.
• Wolfden Resources Inc.
• Campbell Resources Inc.
• Teryl Resources Corp.
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California Water Board Tries to Restrict Dredging


She explained that she didn’t like the numbers that the computer model gave her for this section of river, so she “adjusted the numbers by hand” to more accurately reflect what she thought they should be.

Hog Mountain Mining, Past and Future


When you think of gold mining, you probably don’t consider Alabama to be the place to find your treasure. However, in the early 1800s, jobs were few, and the smell of gold drew men into the search. History records 13 districts in which mining was done at all stages—from pick and shovel, to an area like Hog Mountain.

Chinese Gold Consumption to Grow


When the final numbers are in, China will have consumed a record 350 tons of gold in 2006 amid surging sales of gold bullion, up 17 percent from 2005, the official Xinhua News Agency reported.

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