Melman on Gold & Silver
July 2011 by Leonard MelmanPerhaps 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.
While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.
Just as we were sitting down to write this column, a political bombshell was released when Rick Santorum announced he was terminating his efforts to win the Republican Presidential nomination, virtually assuring the nomination will be to Mitt Romney. The remaining candidates, Ron Paul and Newt Gingrich appear to have no realistic chances.
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