Melman on Gold & Silver
August 2005 by Leonard MelmanWhatever sense of security and peace the Western World had managed to restore was shattered on July 7, when four bombs were detonated on three trains and a double-decker bus in London, England, killing an estimated 70 people and injuring another 700.
The miner was drywashing using a small, gas-powered drywasher for a short period of time—maybe an hour—when he was asked by a ranger to see his permit, which is not required to prospect at this small of a scale.
PLP is also looking toward meeting with the incoming chair of the Senate Energy and Natural Resources Committee, and it appears it will be Senator Barrasso (R-Wyoming).
We’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.
... officials with BLM have been impressed by MMAC’s professional approach and consistency.
We are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
The Bawl Mill • Our Readers Say • Greenstone Belts in Minnesota • The Paradox Basin—Part II • A Sleeping Giant • Buying a Used Gold Dredge • Looking Back • Gold in Vermont • Picks & Pans: Prospecting on Perry Creek • 9th Circuit Court Hears Pilgrim Family Case • The First Mine in America • National Mining Hall of Fame to Induct Five • Mining Stock Quotes and Mineral & Metal Prices