Melman on Gold & Silver
June 2015 by Leonard Melman...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
…At present we may be entering a period of relative stability on many economic fronts and, therefore, our focus is now trending more toward social upheaval and the resultant increase in tensions as the prime movers for the precious metals.
We have been concerned for some time about the growing roster of laws, rules and regulations under which the entire industrial complex must operate…
Well, the year 2013 is now underway and we have surely entered the “Brave New World” that has followed the election of 2012. From my personal point of view, and I might add, unfortunately, this year and the ones following are beginning to appear that they will turn out to be quite similar to the preceding period.
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
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