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Melman on Gold & Silver
March 2010 by Leonard Melman
Budgetary deficits can be reversed by a combination of only two factors; increasing revenues and decreasing expenditures, and we would prefer a combination of both factors occurring simultaneously. Unfortunately, it appears to us that President Obama failed to respond to such simple considerations.Legislative and Regulatory Update
• Pendley nomination withdrawn but will remain BLM director for now
• Comments needed for Midas Gold project in Idaho
Looking Back
Excerpts from CMJ, our original title, published 50 years ago this month.
Australian Prospector Detects 150-Ounce Nugget
![](http://www.icmj.com/userfiles/images/200403/TOC-australian-prospector.jpg)
Mutiny on The Mason
We decided to check some spots that were pretty good to us on previous trips. The detector was deceptively simple with few buttons and auto-ground balance.
Melman on Gold & Silver
As we traveled through the states of Washington, Oregon, California, Arizona, Nevada, New Mexico and Texas we saw the combination of mining towns in stagnation but otherwise, incredible displays of prosperity.
Pay Attention to the Features and Landmarks
People always ask me what is so important about locating contact zones. The answer to that: Gold.
Contrary to Rumors, Couple Will Keep the Saddle Ridge Hoard
![](http://www.icmj.com/userfiles/images/201404/TOC-saddle-ridge.jpg)
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The Bawl Mill
• Legislative and Regulatory Update
• Utah Proposes Using Eminent Domain Against Federal Government
• Gold in Alaska
• Beach Mining for Gold
• Mining Trade Group Sues Nevada Over Tax Initiative
• Battle Heats Up Over California Suction Dredging
• China Will Put Rio Tinto Employees on Trial
• Highbanking on the Similkameen River
• Mining Stock Quotes & Mineral and Metal Prices
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Prospecting for Hard Rock Gold
• Dredger Wins Claim Against Fish & Game Director