Melman on Gold & Silver
December 2014 by Leonard MelmanAs we have noted through the years, perhaps the most direct, single influence on the future of gold and silver is their monetary opposite—currencies in general, the US Dollar in particular.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Ask The Experts • Uncovering the Find of a Lifetime • Suction Dredging Battle Escalates • Guinea Africa: Gold, Ebola, and a Monkey Barbecue • Finding Gold in Tailing Piles • Small-Scale Processing of Hard Rock Ores • 2014 Index - Annual Tables of Content • Why Did This Silver Mine Close? - Pt III • Mining Stock Quotes and Mineral & Metal Prices