Melman on Gold & Silver
September 2001 by Leonard MelmanOne of my favorite sayings has always been, “Do as I say, not as I do.” Perhaps that old adage could be applied to Alan Greenspan and the actions of the Federal Reserve of late. They are telling us that the economy is not in bad shape; that we are not in or headed to recession and that new strength is just around the bend. They are acting as if there is a looming catastrophe.
New Life for the Suction Nozzle
The suction nozzle was one of the first Venturi nozzles to be used in the dredging business. Years later it was replaced with the straight Venturi system, which is sometimes referred to as a “log.” The main benefit of the log is that the operator only needs a suction hose with a short nozzle.
Legislative and Regulatory Update
• SREP appeals
• No decision yet in Karuk case
• Right to Access bill
Historic Dredge Uncovered in North Carolina
The Robinson is a wooden bucket-line dredge that was built in the early 1900s in New York and shipped in pieces to Nash County in North Carolina by train for reassembly.
Melman on Gold & Silver
At long last the time of artificial quiet is over and the quadrennial political "silly season" is getting underway in earnest. The Republicans have just finished their convention in Philadelphia and (at press time) the Democrats are about to descend on LA-LA land.
A Word from the Editor
Following the hundreds of delivery complaints we received regarding our January 2006 issue, the US Postal Service made a few suggestions to help stem the tide of late deliveries.
The Carson City Mint
In the early 1860s, the rich mines of Virginia City and the surrounding area were pouring forth millions of dollars in gold and silver each year. Additional mines located at White Pine, Aurora, Humboldt and other Nevada locations were also yielding millions in gold and silver.
The Bawl Mill • A True Endangered Species • Guest Editorial—Vertical Disintegration • USGS Reports Increase of Imported Minerals • The San Juan Mountains, Colorado • A Silver Opportunity • Gold in Virginia • Picks & Pans: DEF Prospectors Rally Was a Huge Success • News From GATA • Our Nugget Shooting Adventure • How PGMs Affect Assay Beads • Fly Fishing the Mine Tailings/Headwaters of the Clark Fork, Montana • Company Notes • Mining Stock Quotes and Mineral & Metal Prices