Melman on Gold & Silver
January 2016 by Leonard Melman...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.
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
The Bawl Mill • Ask The Experts • Ask The Experts • Ask The Experts • Ask The Experts • Detector Prospecting Accessories • Electrum: Gold and Silver Together • Drywashing Arizona Gold • Mineralized Faults and Contacts in the Search for Gold • Sunshine and Gold • A Successful Trip Through Gold Basin • Oregon Miners File for Summary Judgment • The Significance of Nuggets in Placers • The Strange History of the Utica Mine • Forest Service Seeks to Lock Miners Out in South Dakota • Maitland Bar Nugget to Go On Display • Company Says Central Idaho Project Feasible • Mining Stock Quotes and Mineral & Metal Prices