Melman on Gold & Silver
January 2001 by Leonard MelmanOne of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.
Most developmental ideas grow from the reluctance of some individual to participate in hard work, so I can only say that I must think better in a reclining position.
It was the first mine developed by Americans in the Cadsden Purchase of 1853. A number of small near-surface mines had been operated by Spaniards and Mexicans in the region prior to the arrival of Americans, going back as far as 1740.
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...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
Like all federal judges, he swore an oath to perform his duties “impartially… under the Constitution and laws of the U.S.” Nothing in those documents gives Judge Morris authority to order the BLM to work with non-government organizations (the same ones that filed the lawsuit in question) to alter America’s use of energy.
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
The Bawl Mill • Over the Divide • Our Readers Say • Special Editorial: Gold Anti-Trust Action Committee Believes They Have the Evidence • World Gold Council News • Metal Detecting Within the Cordillera for Gold Placers Associated With Tertiary Epithermal Ore Deposits • Picks & Pans: An Exciting Hobby • Prospecting for Silver With a Geiger Counter • The Furnace Atmosphere During the Fire Assay • The Hanging Tree • Gold in Chihuahua, Mexico • ICMJ 10th Annual Photo Contest Results • Mining Stock Quotes and Mineral & Metal Prices • Looking Back