Melman on Gold & Silver
February 2008 by Leonard MelmanWhat a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
Many readers of ICMJ have asked for more information regarding the BLM’s 3809 regulation changes that were pushed through just prior to the departure of the Clinton Administration.
These are just some of the ways I have been able to find new spots to metal detect for gold.
- Apparently snow, rain, heat and gloom have been slowing down mail delivery
- Name that tune
Bill and the geologist lost interest and as far as I know, nothing more was done to locate the deposit.
Finding a new spot that is rich in gold, but has not already been exploited by other metal detector operators, is a goal of many prospectors. Sometimes it takes a lot of looking and research to find such a place because a lot of prospectors are out there...
In the July 2003 issue we reported on the case of Public Lands for the People (PLP) members Ron Lex and Ken Waggener (“PLP Members Win Occupancy Case—Appeals Continue”). The two miners were cited for occupying their...
That prospecting effort you are about to spend your time on...is it worth your effort? If you are going to devote your time to it, you will need all the facts you can get.
The Bawl Mill • Gold Deposits of North Carolina • Turning Waste Rock Into Profit • Dredging the Mokelumne • How to Get Started as a Gold Prospector • Sunshine Mine is Up and Running Again • Gold at Ponderosa • The Juneau Goldfields • Wham Hill • Golden Sunlight Seeks Expansion • Washington Gold & Fish Regulations Update • Mining Stock Quotes and Mineral & Metal Prices