Melman on Gold & Silver
April 2014 by Leonard MelmanThe 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.
Occurrences such as these have proven, time and time again, that gold possesses the attribute of maintaining significant value over time, something that cannot be said of unbacked, fiat paper money where every such issuance has eventually deteriorated throughout history into virtual worthlessness.
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Mining for Gold and Sapphires in Montana • Contrary to Rumors, Couple Will Keep the Saddle Ridge Hoard • Finding Gold with a VLF Detector—Part I • Creating Your Own Luck • Over the Divide—Robert Michael “Mike” Corbley • Continuing Hard Rock Exploration • Recovering Fine Gold with Oleophilic Adhesion • Detecting for Gold in Nevada • Using Structural Clues to Locate Buried Placer Channels • Gold Deposits of the Ivory Coast • Mining Stock Quotes and Mineral & Metal Prices