Melman on Gold & Silver
June 2016 by Leonard MelmanAnother 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.
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
I find it difficult to recall a period when the world has encountered so many simultaneous threats which “should” have driven gold and silver higher, and yet the precious metals markets—so far—have failed to rally to any significant extent.
When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • The Heavy Minerals in Your Concentrates • MMAC & PLP Update • Pocket Gold • Critical Metals: Antimony • Care and Lubrication of a Model 13 Laboratory Wilfley Table • Mining Stock Quotes and Mineral & Metal Prices