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.
Why, if America’s economic performance is advancing steadily…are two especially sensitive and widely-used commodities performing so poorly?
Fundamental information on gold and silver turned more to the bullish side this past month, and we can point to three particular items as the basis for that conclusion.
…there is now concrete evidence that growing numbers of investors and other concerned observers are now turning to gold as a storehouse of value in these potentially troubling times.
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