Melman on Gold & Silver
March 1999 by Leonard MelmanThroughout the years, there have been many arguments upon which a huge bull market in gold has been based. These include the rapid escalation of inflation, a destabilizing world in terms of war or international conflict or...
• War games...
• Big hermano is watching...
...was all this about grazing fees and the desert tortoise, or something more?
I got to Silver City late on a Friday night (OK, it was 2:30am Saturday morning), and the first few snowflakes began to fall as I pulled into the campsite.
Vancouver, British Columbia, became the focus of the international mining community for five exciting days in late January as two conventions catering to the precious metals mining community were held just blocks apart from each other. And, while they both had differing emphases, each convention attracted unprecedented numbers of participants.
- Massive 660-page lands bill passed in the Senate
The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.
Leaving sprawling Calaveras County, California, and heading north, the next county along the Golden Highway (Hwy 49) is tiny Amador County. Packed into it’s roughly twenty-five mile stretch of the historical roadway are some of the most charming, scenic towns that will be encountered along the whole way. This stretch was also home to some of the richest gold placers during the gold rush, a fact not lost on those who still try their hand at panning and dredging today.
The Bawl Mill • New York Meeting Examines Gold's Monetary Role • Death Valley Find is Apparent Hoax • Mining Ends in Leadville • Mine Woes Could Mean Higher Taxes • The Federal Land Survey System • Exchange Moves to Protect Investors from Mining Scams • The Beer That Saved Goldfield • Mining Benefits Everyone During Winter Months • AZ Miners and Minerals Department Threatened with Elimination • Alaska Minerals Poster Available from BLM • Digital Tools—The PC and GPS • Small Mines Bill Clears Committee • Successful Mineral Property Promotion • Picks & Pans: Confessions of a Small Miner—Part I • Gold in Moffat County, Colorado • Forest Service Chief Calls for Mining Moratorium in Montana • Governor Tells Industry He Will Consider Tax Cuts • Company Notes • Gold Mine Becomes "Golden Partner" of California Sesquicentennial • IBLA Limits Patent to Mineral Rights in Wild & Scenic River Corridors • Claim Staking Rush Northern Quebec, Canada • Looking Back