The Financial Repercussions of the WTC Tragedy
October 2001 by Leonard MelmanIf the goal of the September 11 terrorists was to inflict maximum damage on the American psyche as well as American economy, they could hardly have picked a better target than the twin towers of the World Trade Center (WTC).
San Diego County, California, has long been considered the finest source of pink tourmaline in the world. The Pala, Mesa Grande, Rincon, and Ramona districts in the northern portion of the county have produced tourmaline, kunzite, and other gems in great quantities, much of it jewelry and museum-quality specimens.
Some of the advantages of dry washing operations are low overhead costs (inexpensive methods and equipment), and the fact that many mining operations can be conducted by one or two individuals.
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
...a presentation of these important trends—which coincidentally have dominated the recent news—and my resultant predictions for 2016 and beyond, will make up the majority of this column.
Rumors, myths, legends, folklore and oral histories—all of these are part of the framework that make up the core belief systems of the elements of society that persist to this day to go in pursuit of illustrious gold.
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 Bawl Mill • Our Readers Say: • Placer & Lode Gold Deposits • Spanish Silver in Arizona • Hog Mountain Mining, Past and Future • Picks & Pans: Dredging Costa Rica • Gold in Texas • The Goldhill Mining District • New Arsenic Study Supports Tougher Standards • Miners Resume Search for Platinum Near Platinum • Discoloring Assay Beads • Tons of Gold Buried Under World Trade Center • Gold Rush Ship Uncovered in San Francisco • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver • Permit Appears Likely for Rock Creek Mine