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.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
…Washington and America have never seen a flow of actions by a new President to match what Trump has done during his first three weeks, but those actions suggest two interpretations.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
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...
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
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