Melman on Gold & Silver
April 2016 by Leonard Melman...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Gold’s greatest previous bull market took place in 1977-1980 amidst currency instability, and we cannot help but note the similarities between the present and that past era.
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Ask The Experts • Dry Washer, Wet System or Metal Detector? • Multiple Use Lands, Symbiotic Relations and Conflict Resolution • Enrichment of Mineral Deposits by Weathering—Part II • Vendors Announced for Gold Prospecting and Mining Summit • The Tombstone Silver-Lead District, Arizona • Sold: 87-Ounce Nugget • Mining Stock Quotes and Mineral & Metal Prices