Melman on Gold & Silver
April 2001 by Leonard MelmanVanishing with equal rapidity is any belief that this onrushing economic downturn is a minor speed bump on the road to financial utopia.
• Critical minerals a priority
• Montana miners win again
• MSHA backs down
• Environmental groups as foreign agents
Platinum and palladium demand and prices continued to move in opposite directions in 2002, according to Johnson Matthey (JM) in Platinum 2003.
The biggest nugget I have found detecting here was three grams and the following weekend someone found a 9-gram nugget while detecting. Some have even found quarter-ounce nuggets, with one being a chevron nugget.
Many miners have failed to exercise their rights by using the power of their Mining Districts and laws that are already on the books, such as 43 CFR 9712.1, which states…
Back in the early 1800s, there was a gold mine being dug in a mining community called Garden Valley. Garden Valley is located northeast of Sacramento, between Georgetown and Coloma. They called it Garden Valley because there were some miners who thought there might be more money in growing and selling vegetables than in mining for gold.
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
The Bawl Mill • Our Readers Say • Gold & Fish in Washington • Original Sixteen to One Goes to Court—Challenges MSHA Citations • The Great Gold Rush of Nome, Alaska • Picks & Pans: Red Mountain Planted Nugget Hunt • Silver at Calico, California • The South Pass Gold Placers, Western Wyoming • Discovery of the Silver Bullets • Tonopah Historic Mining Park • Mining Stock Quotes and Mineral & Metal Prices • Mine Forced to Pay for Grizzly Habitat and More