Melman on Gold & Silver
July 2013 by Leonard MelmanOnce again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
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.
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…
It may be no exaggeration at all to state that the past thirty days have seen a collection of headlines that could affect the world profoundly for years to come.
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
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