Melman on Gold & Silver
October 2013 by Leonard MelmanI 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.
This is welcome news. Many silver market commentators have stated publicly that the price of silver, currently hovering around $23.50 per ounce, should be much higher due to the scarcity of supply and the lack of faith in fiat currencies such as the US Dollar.
The so-called “Fiscal Cliff” tax package recently passed by Congress and signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses about $76 billion.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
One area receiving huge attention is the promised ascension of free market concepts associated with Trump versus the government-dominated Keynesian ideas previously advocated by both President Obama and Hillary Clinton.
The Bawl Mill • EPA Tries to Intimidate Alaskan Miners • A Few Pointers About Cracks and Crevices • Hunting for Gold in the Quartzsite Area of Western Arizona • The Madonna Nugget • The Alaska Highway and Beyond • It's Hard to Find Gold! • Partner Withdraws from Pebble Project • Highbanking at the 144 • Potential Gold at Old Hydraulic Sites • California State Panning Championships—Foresthill, CA Heritage Celebration • Prospecting Tales: Forest Service, Fires and Bears—Oh My! • Mining Stock Quotes and Mineral & Metal Prices