Melman on Gold & Silver
October 2008 by Leonard MelmanGiven that every single forecast of the level of government bailouts has understated the problems and the money required for solving them, one can only wonder what really lies in store for the American taxpayer—and the US Dollar.
One of the oldest market sayings is that a securities bull market confirms its strength when it is “able to climb a wall of worries.” Well, that old adage was sure given an enormous workout last month as one hammer-blow after another hit the headlines.
• Shrimp, no shrimp of a problem for LAX...
• Southern California also has the arroyo southwestern toad...
The high prices for gold and silver are exciting and certainly have revolutionized the prospecting and mining scene. New interest in gold and silver mining is springing up from every corner, from individual prospectors armed with gold pans to exploration and mining companies working to set up multimillion dollar commercial operations producing hundreds of thousands of ounces per year. The idea of getting riches from rocks is one that motivates a lot of folks all over the globe. It’s an exciting time, but this excitement brings out another side...
- Town’s “big risk” leads to really big loss
- High-speed rail causes division...in property access
Faults are fractures, breaks and broken zones in the Earth’s crust where one side of the break has moved relative to the other, and they come in many different varieties.
Canyon Resources Corporation recently offered to let environmental groups buy the mineral rights under nearly a million acres of land in western Montana.
We were met with a plethora of mechanical problems with the dry washer and even a few with the excavator that were at times frustrating, but we were in this for the long haul, so we needed to solve these problems and move forward.
The Bawl Mill • Dredging at Real Del Castillo, Baja • Finding Paystreak Gold With A Metal Detector • General Metals Continues Toward Production • Cedar Rim Opal—Discovery of a Giant Opal Field • "I Got Dusted" • The Trail of ‘98 • Newmont Steps Up For Laid Off Workers • Benton’s Rich Silver • Gold Trader, Employee Charged with Wife’s Killing • Is There A Gold Shortage? • Wyoming Governor Pushes for Uranium Study Release • Mining Stock Quotes and Mineral & Metal Prices • California State Open and US National Gold Panning Championships