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.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
Mining has returned to Nevada’s historic Comstock more than 150 years after the discovery of one of the world’s richest silver veins touched off a frenzy that drew thousands of people west. But unlike the hard rock miners in the 1800s, the modern day operation involves huge trucks...
There are clubs with claims in the area and there’s a section of the river open to the public, but the rest of the area is claimed up so do your research first.
Russian treasures of gold and jewels, which survived centuries of upheaval and even the Bolshevik Revolution, will make their home in the United States for the next 10 months.
I've received a few letters over the past year regarding assays and assayers. Most wanted to know how to tell the good ones from the bad. You'll find most of these questions answered by Ralph Pray in his article, "Fake Assays and Assayers," in this month's issue.
Q: How about an article on understanding core samples? I am getting emails from mining companies with core sample reports and I am not sure as to what I am reading!
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