Melman on Gold & Silver
January 2015 by Leonard MelmanThe question of relentless government payouts continues to haunt the political system.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
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 gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
When it comes to the expense of using a car, van, pickup or panel truck for business purposes, they can be deducted by the operation as 'transportation" expenses.
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.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Return to Chicken, Alaska • The Pothole Patch • All About Pyrite • Diamond Prospecting in Indiana • Significant Progress for California Suction Gold Dredgers • Why Did This Silver Mine Close? -Conclusion • The Ely Copper-Gold District of Nevada • Mining Stock Quotes and Mineral & Metal Prices