Melman on Gold & Silver
January 2007 by Leonard MelmanPutting this information together, we conclude that the coming year of 2007 could hold explosive growth for the precious metals as the probability of an international “accident” rises, as the dollar comes under increasing pressure and as the fundamental demand for resources of all types from India and China plus other developing nations grows relentlessly.
Two companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.
“Wealth beyond your wildest imagination.” Those were the words that were used to inform me of how much gold was in a paleo channel that exists beneath the present channel of the Similkameen River in the State of Washington; words that have echoed in my mind for the past sixteen years.
• The EPA is in your bathroom!
• Russians fund US environmental groups
• Feeding at the government trough
• Environmental group tops the US domestic terroritst list
• Some towns will do anything for tourism...
“We feel that we can clean up an area that has been abandoned after 100 years of mining,” Lyon said.
Dire warnings about potential recession and side effects being felt throughout the economic spectrum sent the stock market down to a massive 394 point loss on the Dow Industrials on the 6th of June (see chart) and also sent chills in many corporate boardrooms in America and beyond.
PacificCorp, which owns four hydroelectric dams on the Klamath River, has agreed to terms for their removal, a key milestone in efforts to restore what was once the third biggest salmon run on the West Coast and end decades of battles over scarce water.
The Bawl Mill • Legislative and Regulatory Update • In Pursuit of Gold and Silver in the Sierra Madres • Chinese Gold Consumption to Grow • Researching and Staking Mining Claims—Part II • Family Sues US Mint for Return of Rare Gold Coins • High Court Reverses Nevada Mining Decision • Mining Industry Worried about Democrat-Controlled Congress • Working on the Bear River • Company Notes • Looking Back • The Upper Susitna Goldfields • Palladium Hitting Jewelry Market • Mining Stock Quotes & Mineral and Metal Prices