Melman on Gold & Silver
April 2012 by Leonard MelmanOne 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.”
Anyone seeking evidence that the standard leftist/socialist dogma may not work well need look no further than two western hemisphere governments, Venezuela and Puerto Rico, as both are now being wracked by financial and social upheavals.
...rising inflation has been perhaps the greatest single positive influence during past golden bull markets, and the fires of inflation, particularly those driven by rising food prices, do appear to be glowing ever brighter.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
The Bawl Mill • Ask the Experts • Ask the Experts • Prospecting Homonyms • Revisiting an Old Mine in Idaho Reaps Rewards • Today's MSHA • Following Clues to a Lost Gold Deposit—The Northern Extension of the Cedarberg • Bering Sea Gold—Part I • Safety With a Tax Deduction • Who Says You Have to Own a Claim to Find Gold? • US Policies Holding Back Arizona • Judge Gives OK to Nevada Mining Tax Initiative • Mining Stock Quotes and Mineral & Metal Prices