Melman on Gold & Silver
June 2001 by Leonard MelmanWe’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.
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.
• “They are not planning to close more areas...”
• “The mountain states were never regarded as lynx habitat...”
• He's got a real ball and chain...
• Win a .357 Smith & Wesson?
Maguire and the traders and companies they represent were all aware of the price manipulation and were all profiting from it, but it became such a regular occurrence that his conscience told him it was time to put a stop to it. That’s when he contacted the CFTC.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
Well, will wonders never cease!? It appears that Fed Chairman Alan Greenspan actually smiled when giving his most recent testimony to Congress. Actually, he was so upbeat that he carried the whole stock market with him—as well as others around the world. In fact, if there was one over-riding characteristic of the past month, it was the return of optimism over the economic future.
The Bawl Mill • Our Readers Say • San Diego County Tourmaline • Nebraska Couple Finds Big Nugget in Arizona • Great Basin Gold • Company Notes • GATA Update • Picks & Pans: Selecting a Gold Dredge • VLF Detectors and the Effect of Mineralization While Nuggetshooting • Search for the Legendary Sierra Azul • Public Lands for the People Educates Prospectors • Harshaw's Silver Days • Mining Stock Quotes and Mineral & Metal Prices • Crandon Mine Decision Still Years Away, Says State • Investors Hope to Revive Idaho Gold Mine