Money & Markets
Melman on Gold & Silver
July 2011 by Leonard Melman
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.Melman on Gold & Silver
I believe that the continual imposition of Leftist concepts on an already economically overburdened world is a recipe for some future economic catastrophe...
Melman on Gold & Silver
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Melman on Gold & Silver
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
Melman on Gold & Silver
...this debacle may easily lead to disenchantment with government programs in general and politicians of all stripes in particular. Historically, that kind of unrest has been positive for precious metals markets.
Gold, Silver & Stocks—How Do I Decide Where to Invest?
First, I look for smaller exploration companies that appear to be on the right track or that have started producing precious metals and are able to do so at a low cost per ounce.
Melman on Gold & Silver
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
Subscription Required:
The Bawl Mill
• Can't We Just Do Something?
• Ask The Experts—14-day camping limit
• Legislative and Regulatory Update
• Explosives and Mining
• Mother Lode Leaf Gold
• Dredging The Outside Bend
• A Good Start
• WWII Vet & Prospector Still Going Strong
• Nevada Gold Value Up Along With Production
• 2011 National Mining Hall of Fame Inductees
• Mining Stock Quotes & Mineral and Metal Prices
Free:
Northern Gold Mining's Garrison Gold Property
• Wyoming's Billion Dollar Nugget—The Trilogy Ends
