Melman on Gold & Silver
January 2013 by Leonard MelmanWell, 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.
While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
The Bawl Mill • From the Editor • Ask the Experts • Iron Minerals, Your Detector and Gold • The Robinson Mine—Big Things Happen Here • Forty-Six Nuggets • Customizing Your Dredge • Small Miner Beats Forest Service in Court • Using Vegetation and Soil Conditions as Prospecting Aids • Prospecting for Diamonds • Green Valley Reconnaissance • Gold Pour Signals Revival in the Mother Lode • Mining Stock Quotes and Mineral & Metal Prices