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.
...a presentation of these important trends—which coincidentally have dominated the recent news—and my resultant predictions for 2016 and beyond, will make up the majority of this column.
As we have repeated quite often, rising inflation—or, more particularly, the expectation of rising inflation—has historically been perhaps the most important ingredient of all in past precious metals bull markets.
One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.
…there is now concrete evidence that growing numbers of investors and other concerned observers are now turning to gold as a storehouse of value in these potentially troubling times.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
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