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Melman on Gold & Silver

Sometime during the hippie days of the 1960s, the world became aware of the custom of chanting mantras. At that time, the favorite was the word “OM.” Well, the financial community seems to have recaptured the custom of chanting...

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Buyer Beware! Counterfeit Metal Detectors


When I was recently in West Africa, I got to see and play with my first, phony, Chinese knock-off metal detector.

Melman on Gold & Silver


The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.

Greenstone Belts in Minnesota


Greenstone is a dark greenish-black basaltic rock which, along with chloritized schist, forms belts up to 50 miles wide in northern Minnesota, in rocks of Late Archean age. Most belts are 2.6 to 2.9 billion years old.

Legislative and Regulatory Update


• Congress heading into summer recess
• Maintenance fees due!

Melman on Gold & Silver


As many long time readers know, one of my favorite sayings is the Asian expression, "May you live in interesting times." We sure do and if you didn't believe it before, just consider the latest word from the international markets.

Mineralized Calderas in Colorado


A caldera is a large circular volcanic depression caused by collapse due to the removal of molten magma from an underlying magma chamber. The removal of magma is due to explosive venting of lava and pyroclastic material.

U.S. Sued for Failure to Guard Rare Species


Environmental groups have sued the U.S. Fish and Wildlife Service over its refusal to designate critical habitat for seven rare species, five in California and two in Alaska.

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