Melman on Gold & Silver
February 2016 by Leonard MelmanIf precious metals miners and prospectors were looking for a series of dramatic events to usher in the first two weeks of 2016, they have not been disappointed.
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
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.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Ask The Experts • Ask The Experts • The Art of Underwater Nugget Shooting • Northwestern Alaska Mineral Resources • A Family Quest for Gold • MMAC & PLP Update • The Fire Assay of Carbon • Determining the Amount of Gold in Rich Ores • Mining Stock Quotes and Mineral & Metal Prices
Gold in Quartz