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Melman on Gold & Silver
June 2001 by Leonard Melman
We’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.No Leprechaun Needed
Ireland-based Conroy Diamonds and Gold announced they have found what may be the largest gold deposit to date in Britain or Ireland.
Melman on Gold & Silver
I find it difficult to recall a period when the world has encountered so many simultaneous threats which “should” have driven gold and silver higher, and yet the precious metals markets—so far—have failed to rally to any significant extent.
The Rush to Treasure Hill
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.
Deep Nuggets From The Strange Little Patch
I began detecting at the bottom of the gully and started making my way upstream. About mid-way there was a nice, flat stretch for about ten feet.
Search Called Off for Missing Treasure Hunters
Treasure hunters have been looking for the Lost Dutchman mine for more than a century.
Melman on Gold & Silver
Rapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.
US Mining Industry Outlook Brighter
Smaller exploration and development companies, many of which were international, were driven out of the US during the Clinton era and are now looking for signs that it’s safe to come back. Policy changes, rising metal prices, a weakened dollar and a more positive hiring forecast may be the most attractive set of signs the industry has seen in years.
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