Melman on Gold & Silver
December 2013 by Leonard Melman...this debacle may easily lead to disenchantment with government programs in general and politicians of all stripes in particular. Historically, that kind of unrest has been positive for precious metals markets.
Only one word truly describes the greatest source of headlines during the past month and that word is “politics.” With the November 6 Congressional and Presidential elections drawing ever closer and with both party’s conventions having been recently concluded, we take a serious look at the political situation below.
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Sierra County Gold—Part I • ICMJ's Annual Index • Ophir—Possibly the Best Kept Secret in Alaska—Part II • Hunting for Hardrock: The Basics • Gold in the San Francisco District Oatman, Mohave County, Arizona • Heavy Glacial Rocks and Gold in the Midwest • Strategic Metals—Part II • The Amazing Mineral Tourmaline • Mining Stock Quotes and Mineral & Metal Prices