Melman on Gold & Silver
June 2005 by Leonard MelmanRapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
The sound got quiet when the fuse burned down into the clay. I waited, and waited…
His take of gold was pretty close to what mine was—about a quarter of an ounce. We had just gleaned about half an ounce of gold in just twenty minutes.
The New Mexico settlement marks just the latest reached over the past year. Colorado and the Navajo Nation also have inked multimillion-dollar agreements…
H.R. 699, the Hardrock Mining and Reclamation Act of 2009, should be labeled H.R. 666 because it appears to have been written by the Devil himself.
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The discovery of gold at Sutter’s Mill in 1848 started the great gold rush to California. The account that drew national and worldwide notice was a small, two-inch item at the bottom of the front page of the March 15, 1848 issue of the “Californian,” published in San Francisco. The article was attributed to B.R. Buckelew, and mentioned quantities of gold just being “gathered.”
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