Melman on Gold & Silver
December 2015 by Leonard MelmanMany observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
All in all, these spending proposals, combined with those already approved, could bring total spending for the current budget year to around $8 trillion—by far the highest level ever recorded in America’s history.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
The Bawl Mill • Our Readers Say • Ask The Experts • SB 838 and the Salem Witch Hunt • Small-Scale Hard Rock Production • Researching Mineralized Areas • MMAC & PLP Update • VLF Detector Operating Modes • Using Geologic Maps • Canadian Company Recovers 1,111-Carat Diamond • Lost Sally's Gold • Time to File Claims in Southern California • Colorado Disputes Key Part of EPA Mine Report • Picking Our Way Through Bedrock • Mining Stock Quotes and Mineral & Metal Prices