Melman on Gold & Silver
October 2015 by Leonard MelmanRecent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.
The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.
One area receiving huge attention is the promised ascension of free market concepts associated with Trump versus the government-dominated Keynesian ideas previously advocated by both President Obama and Hillary Clinton.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • The Bucking Room • A Long Dry Spell • Prospectors Protest San Gabriel Mountains National Monument • MMAC & PLP Update • Where Should I Start? • California State Gold Panning Championships • From Curiosity to Mine Owner - Pt II • 2016 Gold Prospecting and Mining Summit • Growing Up Gold • Rock and Formations of the Mother Lode Gold Belt • 2015 World Gold Panning Championships • Mining Stock Quotes and Mineral & Metal Prices