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.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
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.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
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