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Melman on Gold & Silver (2008 Year in Review)
December 2008 by Leonard Melman
Our December issue is when we take a look backward at the year nearing completion, and this year is no exception. When we do look backward over the past eleven months, all we can say is, “What a year this has been!” And that isn’t meant in a positive...
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...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
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