Melman on Gold & Silver (2007 Year in Review)
December 2007 by Leonard MelmanWhile housing remained in its confirmed downtrend, another growing problem began to get some serious ink, namely the developing feed grain shortages combined with food price inflation. The combination of growing demand, steadily diminishing farmlands and new set-asides of grains for ethanol began to bite hard and it appears that the food price inflation story is only just beginning.
Perhaps the greatest single impression a visitor to the interior of Mexico is left with is the grinding poverty of the countryside. While there are pockets of apparent prosperity, most of the citizens appear to live in conditions of poor...
Carson Culp, Assistant Director of Minerals, Realty and Resource Protection for BLM, sent out an internal memorandum to all state BLM directors to clarify rules pertaining to gas-powered drywashers.
Clearly, the single-most important reason for the latest decline in gold is the recently announced auctions by the British Central Bank. However, other news stories this past month also had negative implications for the yellow metal.
Normally we do not cover gem and mineral shows, but this one is a little different. The Tucson (Arizona) Gem and Mineral show is the sales source for so many small mining operations, I felt I had to address this show and its possibilities for the small miner.
The following article has been written with a two-fold purpose; first, to help familiarize anyone interested in “meteorite shooting,” and second, to stress the importance of scientific research.
Then I came to a section of recently exposed gravel that looked unworked. Water seeped out all around, making the ground beneath a sea of slick mud.
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 Bawl Mill • Searching for a Paying Hardrock Deposit • Kings Valley Project Hopes to Meet Lithium, Uranium Demand • New Study on the Formation of Nuggets—Part I • Over the Divide —Ronald Richard "Ron" Wendt • Small-Scale Mining with a Dozer and Detectors • Alaska and Nevada Continue to Lead the Pack • Silver Bonanza in the Sierra Madre; The Glorious Past of Batopilas—Part III • Looking Back • Landowners See Potential Gold Mine in Uranium Ore • Feds Raid “Liberty Dollar” Headquarters • Mining Stock Quotes and Mineral & Metal Prices