Money & Markets
Colorado Considers Gold & Silver Currency
March 2012 by Kristen Wyatt
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.Melman on Gold & Silver
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.
Melman on Gold & Silver
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
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
...when we begin to observe what appears to be an early indication toward a more bullish stance in one of the major miners, that can reasonably provide us with a rising degree of optimism for the sector itself.
Melman on Gold & Silver
Recent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.
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