Money & Markets
Melman on Gold & Silver
July 2021 by Leonard Melman
All in all, these spending proposals, combined with those already approved, could bring total spending for the current budget year to around $8 trillion—by far the highest level ever recorded in America’s history.
Melman on Gold & Silver
From the point of view of the precious metals, an upside breakout would have clear inflationary implications, which should benefit...
Melman on Gold & Silver
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
Melman on Gold & Silver
It should come as no surprise that gold and silver acted similarly, rising sharply during the early hours of the crisis and retreating as tensions abated.
Melman on Gold & Silver
Given the astonishing increase in government expenditures of the past two years, one must ask if there is another parade of taxes and levies waiting in the wings, and, directly related to our precious metals, if there is some form of tax rebellion also waiting in the wings.
Melman on Gold & Silver
...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.
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