Melman on Gold & Silver
February 2000 by Leonard MelmanAfter weeks, months, even years of eager anticipation, the New Millennium has dawned!
Recent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
Wyoming is an excellent place for prospectors, rock hounds, and companies to search for a variety of mineral resources.
The United States has an oil reserve at least three times that of Saudi Arabia locked in oil shale deposits beneath federal land in Colorado, Utah and Wyoming, according to a study released August 31.
If anyone needed convincing that high metals prices have brought mining back into the public’s consciousness, two conventions held in Vancouver, British Columbia near the end of January 2006 should have ended any doubt.
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.
What a difference a little time makes. Just a few months ago the liberal left was celebrating one triumph after another. Tony Blair became Prime Minister of Britain, the Liberals won a resounding triumph in Canada and the left was rejoicing in a robust economic expansion under the leadership of President Clinton. But their theme song, “Happy Days Are Here Again,” has an empty ring now...
The Bawl Mill • Clinton Declares Three More National Monuments • McCain Derides Clinton Forest Policy • Foreigners Lure Mining Partners • Pacific Island Gov'ts Focus on Undersea Mining • Options Narrowed for Managing Chugach National Forest • Company Notes • Diamond Fever • Gold in Jasperoid • Underground Geologic Mapping • New Quarry Regulations in West Virginia • Ash Fork Calm After Explosives Theft • Picks & Pans: Mining in Ghana • Little Rocky Mountains, Montana • Collector Reaches New Lows to Find Bottles • Chinese Camp, California and the Tong War of 1856 • Millie's Tailings • Visionaries, Scoundrels, and Gamblers • Executive Defends Special Mill Site Exemption • Chasing the Ghosts of Forty-Niners • Washoe County Balks at Black Rock Desert Plan • State's Only Gold Mine Processes Last Precious Ore • Mining Stock Quotes and Mineral & Metal Prices • Looking Back