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.
It all occurred when Gus and I returned to a remote placer gold area where we had previously found really good gold. The problem was that it would take about an hour to walk through the desert to get to it.
For the past two years, miners in southwest Oregon have been bombarded by one attack on mining after another.
Pending legislation requiring the government to mint a $20 coin with palladium mined domestically would put Montana front and center.
The site of the old mining camp of Quartzville is 30 miles northeast of Sweet Home, Oregon, via a road which is paved for much of the distance. It is located in mountainous terrain along the west slope of the rugged Cascade Range, with elevations ranging from 1,600 to over 4,000 feet.
Waiting to go underground in the Belmont Mine in Butte, Montana, I hoped that I didn’t look like a green college kid. I enjoyed watching the ropes run through the sheaves at the top of the head frame as the shaft crew was busy changing over...
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