Melman on Gold & Silver
July 2010 by Leonard Melman... if the “renewed prosperity” concept fails to materialize and additional crises are on their way—each one to be met with currency expansions and worsening conditions—then we would speculate that gold and silver will move higher.
A very famous quote that appears particularly relevant to the past month is one attributed to former British Prime Minister Harold MacMillan. When asked what could most easily derail a government, he replied, “Events, dear boy, events.” We certainly had events in abundance this past month.
Mr. Hughes was obviously shaken by our interaction and we are quite confident he assumed we were all missing teeth, long-haired, uneducated, backwoods miners who would immediately become submissive. That didn’t happen...
Labor Day! The last chance of the year to do some dredging in Wyoming. Wyoming’s dredging season runs from June through the Labor Day weekend.
My right rib cage took the brunt of the blow from the fall, which left me feeling partially paralyzed and in immense pain.
I looked over and saw Ben on his knees, digging at the edge of the Manzanitas, almost underneath them. I thought back to the previous weekend when we were planning this trip—that day had been a “Ben day.”
We needed something to cook on, so we brought most of our kitchen with us including our full-size oven, which was pretty funny to see in the middle of a rainforest. Food was always a concern, but fortunately for us...
Unfortunately, mining is politically unpopular and support of the mining industry, no matter how many jobs it brings to a state, even in times of difficult financial need, is never popular among politicians of any stripe.
The Bawl Mill • California Dredgers Shafted by Assembly Democrats • Rare Earth Deposit May Be Awaiting Discovery • When Gold Moves, Placers Form • Beginner's Luck • The Curious Saga of the Jack Wade Creek Dredge • The Guaniamo Diamond Region, Venezuela—Part I • Nevada Mining Tax Fails in Signature Drive • Taxes, Numbers & Mining • What Was That Article Again? • Mining Stock Quotes & Mineral and Metal Prices