Melman on Gold & Silver
May 2014 by Leonard MelmanI believe that the continual imposition of Leftist concepts on an already economically overburdened world is a recipe for some future economic catastrophe...
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
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