Melman on Gold & Silver
March 2014 by Leonard Melman...it is beginning to appear that we are recently witnessing a gradual buildup of background information that could lend strength to the arguments for ultimately higher gold and silver prices.
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Prospecting Hard Rock • Reese River Silver Mining District, Nevada • Alaska: Large-Scale Mining Can Be Done Right • Gold of the Iditarod Mining District, Alaska • Bedrock • Natural Gold Alloys • Government Takes Land for Open Space • Comments on Gold Rush and Bering Sea Gold Series • Hidden Value in Old Tailings • Mining Stock Quotes and Mineral & Metal Prices