Ask The Experts - How do gold and silver stocks react in market crashes?
September 2017 by Leonard Melman
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
This collection of positives augurs well for strengthening worldwide industrial activity leading to upward price pressures and eventually rising inflationary expectations—all of which have historically positive implications for gold and silver...
Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.
This general time frame appears to be a particularly important juncture in the precious metals markets and, therefore, we should present clearly understandable reasons why our opinion leans heavily toward continuation of the precious metals bull market...
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
The Bawl Mill • Our Readers Say • Ask The Experts - Where can I get geological maps? • Ask The Experts - What happens to gold during flash flooding in dry areas? • Ask The Experts - I need help with more in-depth mining research • Ask The Experts - Is this gold? • Legislative and Regulatory Update • Entry-Level Metal Detectors for Gold Prospecting • MMAC Update • Nice Specimen Gold Recovered in Northern California • How to Recognize Hard Rock Gold Ores • The Coeur Rochester Mine • Detecting and Recovering Those Tiny Pieces • EPA Chief to Reconsider Paying Claims Over Mine Waste Spill • Environmental Analysis Starts for Proposed Idaho Gold Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices