Melman on Gold & Silver
June 2001 by Leonard MelmanWe’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.
Alaska is getting a lot of interest these days, not least because of all the gold prospecting shows on television. Hardly a month seems to pass without some new prospecting show being announced, and a couple of the most popular feature Alaska.
I have been prospecting and mining for gold, both as a hobby and as an occupation, for nearly 30 years. From the deep green forests to the rolling sagebrush hills, few people see as much of America’s wide-open spaces as I do.
America’s gold coinage began modestly, but enriched by the 1849 Gold Rush, the U.S. accelerated the program and from 1850 to 1932 produced, with several design changes…
...Curry County, at the urging of local environmentalists, is doing whatever it can to get in his way. The county’s latest attempt was through the issuance of a stop-work order, which claimed numerous unsubstantiated violations.
He no sooner had turned around and started moving when I hollered again that I had another nice one.
After contributing to the total, I am proud to claim my share of Ray’s patch. In total, we got almost an ounce of gold from the schist where it seems to have been formed.
Rather than using the practice of government seizure of private property to promote economic development, the county is using it to preserve open space.
The Bawl Mill • Our Readers Say • San Diego County Tourmaline • Nebraska Couple Finds Big Nugget in Arizona • Great Basin Gold • Company Notes • GATA Update • Picks & Pans: Selecting a Gold Dredge • VLF Detectors and the Effect of Mineralization While Nuggetshooting • Search for the Legendary Sierra Azul • Public Lands for the People Educates Prospectors • Harshaw's Silver Days • Mining Stock Quotes and Mineral & Metal Prices • Crandon Mine Decision Still Years Away, Says State • Investors Hope to Revive Idaho Gold Mine