Melman on Gold & Silver
July 2001 by Patrick CondonMan O Man, if politics isn’t the strangest game! First, we had a Presidential election that wasn’t over the night it’s over, but instead dragged on for weeks on end before “Dubya” was declared the winner. Then we had the Senatorial contest in Washington that dragged on for more weeks before the Democratic candidate won that squeaker, reducing the Senate to a fifty-fifty proposition with the Republicans having a minuscule edge by virtue of the Vice President being of their party.
The 250 mile long Colorado Mineral Belt cuts diagonally across central and southwestern Colorado, in the heart of the Rocky Mountains...
While a large number of locations have yielded some placer gold, most of the state’s placer production has come from a few productive districts.
There are many factors that affect the price of gold. It appears to us that the majority of them are now pointing to higher prices, not lower.
How much is that old Mining Journal worth?
There were some exceptional times in the far-flung history of the West. Rich finds of minerals that set men’s souls ablaze. From the rich gold fields of California, men who arrived too late to find riches went searching in every direction. The trail that we will follow leads east, past the shining silver district of the Comstock Lode.
Legislation before Congress would enable the federal government to become a net silver buyer for the first time in four decades.
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