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Melman on Gold & Silver

...we may now be witnessing the onset of a major turn toward a period when precious metals investments outperform conventional markets as the Dow and S&P 500 now appear to be turning toward the downside at the same time when gold and silver are showing signs of rallying.

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Melman on Gold & Silver


I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.

Melman on Gold & Silver


It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.

Melman on Gold & Silver


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.

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We have heard much “tough talk” through the years regarding reining in the regulatory excesses of government agencies in the past, but little action has followed those words. Perhaps we will finally see a genuine move away from excessive regulation.

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Melman on Gold & Silver


I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.

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