Melman on Gold & Silver
December 2000 by Leonard MelmanOctober lived up to its reputation as a most unfriendly month for the stock market as hi-tech stocks took a huge battering, the NASDAQ and the Dow were hit by heavy selling and consumer confidence figures plunged.
Excerpts from CMJ published 50 years ago this month.
We spent our evening at some informal get-togethers at two private residences in the DC area, which provided the opportunity to talk with staff members from Congress, other agencies, and a few consultants working on public land issues. We found common ground with many of them, and found a strong ally in a former Congressman turned consultant who agreed that Mining Districts provide the smartest legal route...
Unfortunately, mining is politically unpopular and support of the mining industry, no matter how many jobs it brings to a state, even in times of difficult financial need, is never popular among politicians of any stripe.
While the Water Board documented the selenium levels in fish and noted they exceed the levels of mercury, they have yet to acknowledge the numerous scientific studies that show selenium effectively neutralizes the effects of mercury.
• Who was that unmasked man?
• Run for the border...
• Finally, a bill worth passing!
Since 1993, US reliance on imports of raw and processed materials of mineral origin has increased more than seven fold.
"Little Boys who pick up rocks either go to prison or become geologists."
The Bawl Mill • Letter to the Editor • Potaro District, Guyana • World Gold Council Launches $3 Million Ad Campaign • Prospecting With Color • Prospecting for Platinum in Wyoming • Picks & Pans: More Big River Dredging in Northern California • Epithermal Ore Deposits Associated With Tertiary Volcanism—And the Feasibility of Metal Detecting for Them • A Changing Diamond Industry Looks to Canada for Growth • History of Mining—Bradshaw Mountains, AZ—Part II • Company Notes • Mining Stock Quotes and Mineral & Metal Prices