Melman on Gold & Silver
March 2010 by Leonard MelmanBudgetary 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.
A few years ago I had a tremendous opportunity to visit Australia and hunt for gold there. The geology of the gold deposits there was somewhat different from what I was used to here in the US. I learned a lot about greenstone belt gold deposits while prospecting them in person, and it was an amazing trip.
They tend to be big, coming in large to extremely large sizes. They can also be amazingly rich and produce huge amounts of very high-grade ore.
Suriname is a former Dutch colony on the north coast of South America, with an area of 63,000 square miles and a population of 450,000. Indians inhabited the region when Spaniards first sailed the coast in 1499.
- Brother, can you spare a cell phone?
- Houston, we have a drug problem...
Once again we'd like to thank the many participants in our annual photo contest. Picking our favorite ten photos is never an easy task, as there were so many great photos from which to choose.
We’ve been fielding quite a few questions lately from subscribers and manufacturers wanting to know if we are going to host another Gold Prospecting and Mining Summit.
The other opportunity that I see is in seeking unusual types of deposits. Specifically, the prospector would be searching for the stuff no one (or almost no one) is searching for. These deposits are effectively hiding in plain view.
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