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.
…we cannot ignore the fact that several of the most widely-followed and respected economic voices are now raising questions about the potential near-term development of a full-blown market panic.
One of the most popular medicines commonly available is “Dramamine,” defined to be, “… used to prevent and treat nausea, vomiting, cramps and vertigo associated with motion sickness,” according to our favorite medical dictionary. Well, after watching the various financial, political and psychological gyrations that have been taking place in the world’s markets over the past month, we might suggest that some sort of psychological Dramamine might be in order.
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
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 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