Money & Markets
Melman on Gold & Silver
February 2013 by Leonard Melman
Well, the year 2013 is now underway and we have surely entered the “Brave New World” that has followed the election of 2012. From my personal point of view, and I might add, unfortunately, this year and the ones following are beginning to appear that they will turn out to be quite similar to the preceding period.Melman on Gold & Silver
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
Melman on Gold & Silver
The Federal Reserve just reported that inflation exceeded their 2% target for the first time in five years and the University of Michigan reported their inflationary expectations have now risen to 2.7%.
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
Melman on Gold & Silver
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.
Melman on Gold & Silver
I believe that the continual imposition of Leftist concepts on an already economically overburdened world is a recipe for some future economic catastrophe...
Melman on Gold & Silver
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.
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