Melman on Gold & Silver
September 2013 by Leonard MelmanIt is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
The ultimate resolution of this apparent contradiction between fundamental news and market performance could provide us with important future clues for gold and silver.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
Despite a variety of other side subjects, the dominant source of financial headlines during the past month continues to be Europe, and we note two particular foci...
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Greenstone and Gold • The Long Road to Gold Point, Nevada • What, Where and How for the New Prospector • Proper Spacing of Placer Sample Sites • Hunches, Choices and Guesses • 12-Year-Old Unearths Large Diamond • Time for a New Approach: Detecting Float Gold • Carissa Gold Mine Comes Back to Life • Gold in Beatty, Nevada • Cripple Creek Gold Mine Exceeding Expectations • Mining Stock Quotes and Mineral & Metal Prices