Melman on Gold & Silver
October 2014 by Leonard Melman...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
Perhaps the first and most important is the fact that the foreign exchange value of the US Dollar has been going down steadily for several months. As the value of the Dollar goes down, the price of goods in Dollar terms tend to go up…
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.
One of the most popular medicines commonly available is “Dramamine,” defined to be, “… used to prevent and treat nausea, vomiting, cramps and vertigo associated with motion sickness,” according to our favorite medical dictionary. Well, after watching the various financial, political and psychological gyrations that have been taking place in the world’s markets over the past month, we might suggest that some sort of psychological Dramamine might be in order.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ganes Creek After The Flood • Operation And Application Of Magnetometers • A Trip to Morgan-Monroe State Forest of Indiana • The Pedro Gold Dredge • Detecting Alone -- What to Look For • Over the Divide: John A. Miscovich • What Equipment Do I Need? • Why Did This Silver Mine Close? • Mining Stock Quotes and Mineral & Metal Prices