Melman on Gold & Silver
January 2014 by Leonard MelmanI 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.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
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.
Why, if America’s economic performance is advancing steadily…are two especially sensitive and widely-used commodities performing so poorly?
The Bawl Mill • Ask the Experts: Big rocks or small cobbles? • Ask the Experts: Quartz rock and the chance of gold in my area of New Hampshire? • Ask the Experts: Equipment and gold locations in Colorado • Ask the Experts: Silent partners and mining—is it worth the risk? • Sierra County Gold—Part II • The Silver Islet Mountains of Utah • Gold Placers of the Kenai Peninsula, Alaska • Alternative Gold Leaching Methods • Over the Divide • Prospecting for Diamonds in Kimberlite • Additional Note Regarding "Strategic Metals—Part II" • Take a Kid Detecting • Mining Stock Quotes and Mineral & Metal Prices