Money & Markets
Melman on Gold & Silver
January 2012 by Leonard Melman
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.Melman on Gold & Silver
Although there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
From the point of view of the precious metals, an upside breakout would have clear inflationary implications, which should benefit...
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
Melman on Gold & Silver
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
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