The Canton Lead
June 2002 by Jim FosterAs the great Australian gold rushes of the 1850s gathered momentum, hopeful prospectors rushed from all parts of the globe, not least among these were the ubiquitous Chinese.
The Philippine archipelago, with over 7,000 islands that stretch for 1,100 miles north-south, was settled by Malaysians several thousand years ago. Ferdinand Magellan landed and was killed there in 1521. Spaniards took over the islands in 1571, and founded Manila, which is located on a large natural harbor. After the Spanish-American war in 1898, the United States took over the Philippines, and found itself in a brutal 6-year war before gaining control of all of the islands.
Maguire and the traders and companies they represent were all aware of the price manipulation and were all profiting from it, but it became such a regular occurrence that his conscience told him it was time to put a stop to it. That’s when he contacted the CFTC.
Following is a speech Rep. Ron Paul delivered to the House of Representatives in early June, making a case for the return to the gold standard.—Editor
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
The higher the sensitivity setting, the louder and sharper the signal from a gold nugget or other metal target.
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Mining Investment—Or Fraud? • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices