Melman on Gold & Silver
January 2010 by Leonard MelmanHaving learned to proceed with some skepticism regarding the public’s interpretation of events, we offer the following forecasts for the coming year...
You’ve likely read about some of the problems with the Endangered Species Act (ESA) in the Legislative Update section, and in previous issues of our publication. The problems never seem to end, and it is way past the time for reform. A current story highlights some of these problems.
The world received a sad reminder of just how dangerous and threatening terrorism has become as more than three hundred people—most of them children—died when Russian troops and police stormed a school that had been taken over by terrorist rebels from the breakaway province of Chechnya in the Russian city of Beslan. This act was followed almost immediately by the bombing of the Australian Embassy in Indonesia with nine dead in that attack. And, if mankind’s craziness wasn’t enough...
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
Back in the early 1800s, there was a gold mine being dug in a mining community called Garden Valley. Garden Valley is located northeast of Sacramento, between Georgetown and Coloma. They called it Garden Valley because there were some miners who thought there might be more money in growing and selling vegetables than in mining for gold.
All of these negatives have finally begun to erode bullishness on Wall Street and the financial markets began to look wobbly at best and dangerously weak at worst.
Two weeks of sometimes-heated testimony have ended in a case that pits Cyprus Amax Minerals against opponents who want to prevent the company from mining ore from a central Colorado mountain.
What a month this was. In just thirty days, the financial markets went on binges upward and downward that took the world's breath away.
The Bawl Mill • Legislative and Regulatory Update • Liberal Group Begins Push to Tax Mining in Nevada • Detecting the Swiftshore Mine • Prospecting for Rare Earth Metals • Bucket Dredged Boulder Gold • The Golden Surprise • University of Nevada Offers Online Mineral Processing Class • The Business of Mining—Tradeshow Deductions • Mining Stock Quotes & Mineral and Metal Prices