Melman on Gold & Silver
June 2012 by Leonard MelmanUnquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
The Bawl Mill • Our Readers Say • Iowa Hill District • Gold Deposition and Gradients of Placer Streams—Part I • Pursuing Rare Earths in Wyoming • The Mole • Prospecting for Copper Ores—Part I • Repair / Replace Tax Rule Changes • The Wisdom of Mark Twain—And Tales of Cheating the Unwary Prospector • Colorado Mining Association Appeals Roadless Ruling • Ganes Creek Hits 10 Years—Part II • Fifteen and Counting • Mining Stock Quotes and Mineral & Metal Prices