Melman on Gold & Silver
July 2012 by Leonard MelmanOn a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
The Bawl Mill • Gold Depositiion and Gradients of Placer Streams—Part II • The Life of an Independent Prospector • Gold in Guyana—Part I: Porknocking on the Puruni River Road • That Something Extra • Prospecting for Copper Ores—Part II • Metallic Trash—Scourge of the Prospector • Gold Mining Boom in the Carolinas • California Suction Dredging Update • Mine, Baby, Mine! • Hecla to Reopen Lucky Friday Mine • Nova Scotia Shows It's Serious About Jobs & Mining • Mining Stock Quotes and Mineral & Metal Prices