Melman on Gold & Silver
August 2015 by Leonard MelmanNext, 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.
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
Anyone seeking evidence that the standard leftist/socialist dogma may not work well need look no further than two western hemisphere governments, Venezuela and Puerto Rico, as both are now being wracked by financial and social upheavals.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
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.
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
The Bawl Mill • Ask The Experts • Ask The Experts • Detecting During Summer Heat • Surviving The Boom and Bust Cycle • A Great Day On The Feather River • Prospecting for Silver Deposits • Give That Club Claim A Chance • From Curiosity to Mine Owner • Gold and Rare Earth Elements in New Mexico • Will El Nino Move Gold for Miners and End California Drought? • Mining Stock Quotes and Mineral & Metal Prices