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.
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.
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.
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
As noted above, the “Ring of Fire” is an area of great potential mineral wealth located in the far northern Ontario Province of Canada. Many companies have sent in exploration and development teams…
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
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