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.
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
The question of relentless government payouts continues to haunt the political system.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
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