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.
One of the most surprising jolts of the past month came with the decision of the Supreme Court upholding the legality of what has come to be known as “ObamaCare.”
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
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