Melman on Gold & Silver
November 2009 by Leonard MelmanThere are many factors that affect the price of gold. It appears to us that the majority of them are now pointing to higher prices, not lower.
The population of Sutro almost reached the same number this weekend as it did during its short-lived heyday. About 600 visitors explored the site where Adolf Sutro envisioned a bustling city.
Prospectors have many reasons why they might want to break rocks. These include dividing up a specimen too large to carry.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
Alaska’s mining industry posted a record-breaking year in 2006, largely because of the high prices for zinc and other metals, state officials said.
• Prospecting for Diamonds in Kimberlite by W. Dan Hausel
• Miners referring to their activity as “recreational”
As we approached the river the view was outstanding and the sight was encouraging. A ravine coming down on the right side had been worked heavily, with rock piled back on each side. That surely meant there was gold somewhere close.
The Bawl Mill • Molycorp Minerals Reopens Mountain Pass Mine • Utah's Crescent Creek Placers • The Business of Mining—Home Office Tax Deduction • Peshastin Creek, Washington • Michigan Proposal Would Restrict Mining Operations • No Gravel, No Gold • Nevada Regulators Reach Agreement With Queenstake Resources • Stillwater Recovers Without GM’s Business • Gold Has Shown Its Mettle, But How High Can It Go? • Utility Agrees to Remove Four Klamath River Dams • Mining Stock Quotes & Mineral and Metal Prices