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Melman on Gold & Silver

Most American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.

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Melman on Gold & Silver


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Melman on Gold & Silver


Putting this information together, we conclude that the coming year of 2007 could hold explosive growth for the precious metals as the probability of an international “accident” rises, as the dollar comes under increasing pressure and as the fundamental demand for resources of all types from India and China plus other developing nations grows relentlessly.

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The Bawl Mill   • Shortage of Mining Engineers Projected   • Ex-MarketWatch Mining Promoter Settles Charges   • Carbonatites   • Sage-Grouse Listing Denied   • The Art of Finding Coarse Gold—Part III   • Tongass Approves Kensington Mine Plan   • PLP Interim Rule Raffle   • California Miners Locate Rich Pocket of Specimen Gold   • The Lucky Shot Mine   • BC Premier Heralds "Golden Decade" in Forestry and Mining   • Drywashing for Eluvial Gold in the Desert—Using a Portable Drywasher and Hand Tools   • Claim Filings Up in the Northwest   • Canadian Officials Foresee Little Impact From Mine   • Coeur d'Alene Mines Sees Future in Bolivia   • The Golden Highway—Nevada County   • Mining Stock Quotes and Mineral & Metal Prices   • Looking Back

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