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.
The Western Mining Action Project, representing the Karuk Tribe of California, has filed suit to stop mining on the Salmon, Klamath and Scott Rivers, and their tributaries in Northern California.
• Oregon passes SB 838
• Meanwhile, in California
I saw gold this summer. The kind of gold that I haven’t seen since ‘81. The kind of gold that rattles in the pan. The kind of gold that would start a stampede—even in 1898.
• The environmental Robin Hood
• But it looked good on paper...
• Low-quality reputation hits home
I have been detecting the area on and off since I discovered it. Every time I bought a new detector it was the first place I went to.
Finding a new gold nugget patch, a cache of old bottles, valuable old coins, jewelry, and artifacts can be as easy as finding a long lost uncle. You just need to do a little detective work so that you can find his address and then acquire a map to his house. Sound simple? It is.
My metal detecting hobby began about ten years ago when I bought a used metal detector for about $300. I got it specifically to look for meteorites. It was pretty much worthless, not user friendly, and I did not find anything with it.
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