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.
Unquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.
• Is this a good time to invest in gold and silver?
A report from the Bureau of Land Management (BLM) titled "Public Rewards from Public Lands—Fiscal 1998", shows that minerals production is the largest income producer for the federal government on BLM-managed lands.
Fundamental information on gold and silver turned more to the bullish side this past month, and we can point to three particular items as the basis for that conclusion.
Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.
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