Money & Markets
Melman on Gold & Silver
July 2014 by Leonard Melman
Although 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.Trade-Ins, Swaps and Like-Kind Exchanges
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
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Melman on Gold & Silver
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
Have We Hit 'Peak Gold'?
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
Melman on Gold & Silver
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
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