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.
For centuries gold has been a symbol of wealth for both individuals and nations. Because of its chemical and physical resistance it has been widely sought after by early explorers whose only motive was to find new sources of gold.
• What the government wants the government gets...
• A drop in the ocean...
• Do we get a paycheck for this?
"This is just the tip of the iceberg," Hill said. "It's going to take 200 years to dig it all out."
For 250 years, the Guanajuato Mining District of Mexico produced 20% of the world's silver. The old colonial city of Guanajuato (pop.100,000) is wedged in a narrow canyon in the Sierra de Guanajuato, at an average elevation of 6,750 feet.
Seven legendary figures of American mining will be enshrined in the National Mining Hall of Fame in ceremonies on Saturday, September 7, 2002, at The Little America Hotel in Salt Lake City, Utah.
Depth is not an issue unless the site is thoroughly cleaned of shallow trash, and it is far easier to isolate and remove targets using a small coil in a target rich location.
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