Melman on Gold & Silver
June 2013 by Leonard MelmanBanking 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.
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.
Long-term, the outlook remains very favorable—but the obvious and important question is when we might expect a solid bull market revival to take place.
While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
I find it difficult to recall a period when the world has encountered so many simultaneous threats which “should” have driven gold and silver higher, and yet the precious metals markets—so far—have failed to rally to any significant extent.
The Bawl Mill • Breaking Rock the Old School Way • My Lucky Month of March • Gold Rush in the Congo—Part II • A Journey Into the Silver Peak Range • Ancient River Channels of Trinity County • Which Nugget Detector Should I Get? • Liberty and the Phoenix Mine • Confluence Placers • Spanish Gold Ledge Still Producing Gold • Nevada Mining Tax Cap Repeal Clears Committee • Mining Stock Quotes and Mineral & Metal Prices