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Melman on Gold & Silver
May 2010 by Leonard Melman
The figures speak for themselves. According to US Bureau of Labor Statistics, the total compensation package for state and local government workers in America is $39.66 per hour, compared to $27.42 in the private sector.The Bawl Mill
• Trash full of cash
• Auditors audit the auditors
• I smell bacon
Beginner's Luck

US Mining Industry Outlook Brighter
Smaller exploration and development companies, many of which were international, were driven out of the US during the Clinton era and are now looking for signs that it’s safe to come back. Policy changes, rising metal prices, a weakened dollar and a more positive hiring forecast may be the most attractive set of signs the industry has seen in years.
Unique Rare Earth Mine in Texas
Exploration for and prospecting in search of similar deposits should focus on rhyolite bodies located in fluorite-bearing areas.
Placer Sampling for the Small-Scale Miner
I have seen many samples taken originally with an eye toward getting the highest grades possible, but later someone claims that those results represent an average grade of the whole gravel deposit.
IMF Reconsidering Gold Sales to Finance Debt
The International Monetary Fund is reconsidering selling some of its gold reserves to help finance a Western debt-relief plan for some of the world's most debt-burdened countries, a top IMF official said.
Treasure Hunters Challenge FBI Over Dig for Civil War Gold
The father-son duo spent years combing this bit of Pennsylvania wilderness with high-end metal detectors, drills and other tools to prospect for a fabled cache of Civil War gold.
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Metals Trader Blows the Whistle on Gold & Silver Price Manipulation
• Oregon Requires Permit for Hand Sluicing
• California Water Board Tries to Restrict Dredging