Melman on Gold & Silver
January 2012 by Leonard MelmanThere 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.
One of the most rewarding features of technical analysis is when clear signals are fulfilled by the market and also when those signals conform to the bulk of fundamental information.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
The Province of British Columbia, one of mining’s most active venues, has just issued a clear warning call to all miners that regulatory changes are on the way, and they may not be welcome ones…
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
The Bawl Mill • Southwest Alaska Gold Project Progresses • Good Assays and Bad • Where to Find Gold in Indiana—Part II • Who is a Qualified Person? • Time Well Spent • Reality of the Klondike • NWMA Show • River Dredging vs. Creek Dredging—Part II • Pot Hole Gold • Mining Stock Quotes and Mineral & Metal Prices