Melman on Gold & Silver
July 2014 by Leonard MelmanAlthough there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
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 Bawl Mill • A Return to Silver City, Idaho • Ask the Experts • Ask the Experts • Ask the Experts • Swing and a Miss • Miners Fight Back Against Road Closures • The Giant King Mine • BLM Flexes Its Muscles in Quartzsite • Over the Divide • Romancing the Lens • Gold Recovery with Centrifugal Bowls • Mining on the Comstock Lode • Want to Go to Australia? • Mining Stock Quotes and Mineral & Metal Prices