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.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
If the costs of financing the national debt increase in a manner described in this study, that should, in our opinion, be regarded as a long-term plus for the precious metals.
...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.
Once 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.
Whether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.
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