Melman on Gold & Silver
March 2008 by Leonard MelmanNews during the past month seemed to focus directly on economic and political events close to home in the good old USA. As talk of recession—or worse—mounted, and as one stock market segment after another weakened sharply, the economic and political leaders of the nation sprang into decisive action.
Heading north along Highway 49 into the central Mother Lode, the first old mining town in Calaveras County was Melones, located along the banks of the Stanislaus River. The town was named for the unique coarse gold flakes found in the gravels that resembled melon seeds, hence the name that came from the Mexican miners.
• Surprise! No means no
• Overruled, for now
• If it sounds too good to be true
It would seem that we are often indeed destined to repeat history. In terms of gold discovery, even with all the advancements that have been made over the years, it seems we are once again on the cusp of returning to the 1800s world of gold mining. Even as you read this, a new gold rush is taking place in a sleepy little town in South Carolina.
I first saw Pioche, Nevada while hitch-hiking into town in an old Ford with three good tires and one wheel hammered to an ugly steel disc on fifty miles of blacktop.
• Why rent when you can own?
• County taxed by tax error
• Military policy wins out over common sense
Well, this is it, the dawning of the new Millennium. By the time you receive this issue, we will be on the threshold of a new year, decade, century and thousand years. The last people to enjoy such a time were those who lived in the year 999—but there was a staggering difference. At that time...
The gold is all for sale. Just one tiny coin alone could go for $1 million because of its combination of rarity and the history behind it...
The Bawl Mill • Ask The Experts — How have fellow dredgers modified their dredges in order to retain fine gold? • Ask The Experts — Could you please include the stock symbol in "Mining Stock Quotes"? • Gryphon Gold and the Borealis Project • A Modern Day Prospector’s Story • Conducting Research To Find New Gold Deposits • New Tax Considerations For Your Mining Business • Searching for Gold at Paradise Valley, Alaska • The Carson City Mint • Mining Stock Quotes and Mineral & Metal Prices