Melman on Gold & Silver
October 2007 by Leonard MelmanSeldom in the 22 years we have been writing in this space have we ever seen a parade of such important events pass along the world’s newswires and print media.
My largest nugget from this area is almost one-half ounce. I’ve found several smaller chunks and many pickers in addition to the fines and flakes that I put in my poke.
About 10 years ago the Forest Service told a miner that he could not stay on his claim for more than 14 days in a row. I told the miner that he could stay as long as he wants, providing he was mining.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
• EPA declares carbon dioxide a threat to environment
• Suction dredging update for California
• California Fish & Game director resigns
• More Merced River restrictions
Every time we prospected here we found gold, sometimes some really coarse flakes, but no large nuggets (yet).
The Bawl Mill • Prospecting for Hardrock Platinum, Nickel & Copper Deposits • An Answer to Endangered Salmon? • Journeys in the Kingman Quadrangle—Part III • Detecting in Australia's Etheridge Goldfield • Silver Bonanza in the Sierra Madre: The Glorious Past of Batopilas—Pt I • Another Successful Northwest Miners Rally • California State Gold Panning Championships September 1-2, 2007 • The Next Crisis For America • Barrick Offers $10 Million to Unlock Silver Ore • Mining Stock Quotes and Mineral & Metal Prices