Melman on Gold & Silver
March 2012 by Leonard Melman...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
The need to bring mining back to North America is more urgent than ever.
The Bawl Mill • Ask the Experts: Set up a small portable operation or send the ore to a custom mill? • Ask the Experts: Who manufactures the diagonal vibrating table? • Ask the Experts: Do "corners" need to be in place on the ground for a claim to be valid? • Ask the Experts: Tantalite in an African nation -- is it worth pursuing? • Legislative and Regulatory Update • Following Clues to a Hidden Gold Deposit • How to Melt Your Own Gold • Judge Tosses Lawsuit Against Tucson-Area Mine • Salted Mining Properties—How to Properly Evaluate a Claim • Fine Gold Panning Without Using Mercury • Australia Produces World's Largest Gold Coin • Fells Flat Gold • Colorado Considers Gold & Silver Currency • Mining Stock Quotes and Mineral & Metal Prices