Money & Markets
Melman on Gold & Silver
July 2012 by Leonard Melman
On 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.Melman on Gold & Silver
The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.
Melman on Gold & Silver
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
Melman on Gold & Silver
...rising inflation has been perhaps the greatest single positive influence during past golden bull markets, and the fires of inflation, particularly those driven by rising food prices, do appear to be glowing ever brighter.
Melman on Gold & Silver
…for a change, it is time to turn away from the Trump-Mueller frenzy and concentrate once again on some of the other sources of information which can present us with valuable information related to our precious metals.
Melman on Gold & Silver
In all the years I have been writing this column (approaching 35) and in my writings elsewhere, I have to admit that I never foresaw the kind of immense changes that have been wrought during the past two months…
Melman on Gold & Silver
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Melman on Gold & Silver
…Washington and America have never seen a flow of actions by a new President to match what Trump has done during his first three weeks, but those actions suggest two interpretations.
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