Melman on Gold & Silver
November 2000 by Leonard MelmanWhile we have spent the past few years trying to adjust to wave after wave of new industries, new language and new influences in our lives, this past month the world's attention has once again returned to the cradle of civilization, the Middle East.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
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.
The Yuba #21 gold dredge sunk in the Yuba Goldfields of northern California in late January.
Stillwater Mining Company’s East Boulder platinum and palladium mine is back in operation, with its staff cut in half...
Strategic metals that are found mostly in lead-zinc-silver ores are antimony, arsenic, bismuth, gallium, germanium and tellurium.
If this past month has proved anything, it is the reversible nature of the rule that “what goes up must come down” which now also can read “what goes down must come up.”
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Bawl Mill • Our Readers Say • Enrichment of Gold Veins • The Assay of High Iron Gold Ores • The Patch • History of Mining—Bradshaw Mountains, AZ (Part I) • Picks & Pans—The Green Rock, Rattlesnakes, Good Gold and Ruth's Mine • The Oretron • Silver Hill, North Carolina • Residual, Lateritic and Gossan "Soils" as Potential Nuggetshooting Sites • Hardrock in Downieville • Looking Back • Company Notes • Gold in Northern Baja California • California State Gold Panning Championship Results • V.P. Contender Addresses Mining Show