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Melman on Gold & Silver

...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.

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Melman on Gold & Silver


Next, all of silver’s chart action since   mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.

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Melman on Gold & Silver


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Melman on Gold & Silver


As 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.

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