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.
The one he’s rolling around in his fingers is nice—5.23 carats, nearly the size of a marble, pure and white. But the diamond that Alphonse Ngoyi Kasanji is talking about is the big one—the one that got taken away.
There you’re expected to be personally responsible in making decisions, and yes, it can be costly. When you are responsible for your own life, you live life more, and with it you certainly risk more.
The “Forty-niners,” known as “Argonauts,” separated the loose gold known as “wet diggin’s” from the river gravels using a wash pan. The pan was made of tin or iron and had a flat bottom and sloping sides.
The Nevada Supreme Court ruling last April in a Newmont Mining Corp. gold mine case was erased by a high court panel.
Placer deposits are the focus of many small-scale prospectors, as they can be worked with comparatively inexpensive equipment. In this conclusion of a six-part series, we will take a look at the geology and formation of placer deposits...
In order to search for placer diamonds, the prospector needs to first become familiar with the commodity that he/she is looking for. Diamonds are extraordinary minerals with extreme hardness that have inherited beauty sought for personal adornment and...
There are currently three controlling agencies or entities over suction dredging in California—and you can make that four if the state legislature decides to further muddy the waters with additional legislation to block suction gold dredging in the state.
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