Lower Prices Bring Layoffs
August 2013 by Chris RalphThe extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
...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.
We have been concerned for some time about the growing roster of laws, rules and regulations under which the entire industrial complex must operate…
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