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...
Back when I was in college, when I first started classes, the demand for new engineers was so strong that every graduate had multiple job offers without even trying.
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
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.
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