Melman on Gold & Silver
November 2013 by Leonard MelmanThat is one of the problems with much of the so-called objective information we regularly receive—it is so tinged with partisanship that much of it can barely be believed...
Another potential problem is the body of regulations imposed by the Paris Climate Accord that President Trump had negated but which President Biden has immediately rejoined.
Given the enormous expenditures that are required to bring any mining property into production, the industry can ill afford a regulatory system which, by reversing already existent approvals, can nullify the value of funds already expended.
When one of the major currencies in the world begins to decline steadily, based on monetary history we would expect a bias toward positive movements in the precious metals.
How can it make sense to pass legislation to increase the spending power of the citizenry in order to stimulate economic activity and, at the same time, enact a series of new taxes that will diminish spending power?
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
The Bawl Mill • Ask the Experts • One Potato, Two Potato... • Proper Placer Sample Processing • Strategic Metals—Part I • Dry Washing to Capture Fine Gold • Are There Any Good Prospects Left? • Ophir—Possibly the Best Kept Secret in Alaska! • Southern Oregon's Illinois River—A Lesson in Sharing • Using Sucker Guns to Find Gold • Making Adjustments to Catch Fine Gold • The Subsurface Suction Dredge • A Few Thoughts About Successful Nugget Hunting • Mining Stock Quotes and Mineral & Metal Prices