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Melman on Gold & Silver

Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.

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Melman on Gold & Silver


…they continue to strut around and make declarations and proclamations as if they were still in positions of power. In other words, in political terms, they haven’t “got the message” that they are now in a minority position…

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Melman on Gold & Silver


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.

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