Melman on Gold & Silver
April 2015 by Leonard Melman…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
...when we begin to observe what appears to be an early indication toward a more bullish stance in one of the major miners, that can reasonably provide us with a rising degree of optimism for the sector itself.
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
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