Melman on Gold & Silver
March 2006 by Leonard MelmanThe great transition has now occurred as we move away from the Age of Fed Chairman Greenspan and into the Age of Fed Chairman Bernanke. However, Mr. Greenspan was kind enough to leave a last-minute parting gift by raising the overnight lending rate to 4.5% on his last day in office, January 31, 2006.
Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.
Improvements in mining equipment and techniques, along with a higher gold price, make many mining properties profitable today that may not have been in the past.
The Colorado state Court of Appeals ruled that counties have the authority to ban the use of cyanide in gold mining.
I will make the assumption that when any of you take a detector in your hand and head out prospecting for gold you are probably anticipating finding some gold. That’s the general idea, right?
Today, the greatest gold rushes occur due to technological advances capable of discovering gold where it once was extremely unlikely or difficult.
• New Congress is off to a good start
• It’s all about connections...
• The numbers speak for themselves...
The Bawl Mill • A Word from the Editor • Basic Geology for the Independent Miner—Part III Understanding Plate Tectonics, Volcanism and Mountain Building • The Fortymile Goldfields • The Rocks that Burn—Part II Is Oil Shale the Answer? • Record Interest at Recent Mining Conventions • Common Operations—Small-Scale Mining and Sharing the "Take" • Trout Thriving In Treated Mine Water • Company Notes • Mining Stock Quotes and Mineral & Metal Prices