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Melman on Gold & Silver

After months of war news, rising unemployment, declining economic activity and heightened world tensions, the news background took a decided turn for the better last month—at least on the surface. The war in Iraq has died down to only an occasional moderate outburst. Tensions between Israel and its Palestinian neighbors appear to be on the decline. New unemployment claims have fallen and...

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Melman on Gold & Silver


From our precious metals point of view, I would note that if the production of these metals fails to meet demand, prices will likely rise, perhaps very smartly, thereby fueling additional increments of future inflation.

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