Melman on Gold & Silver
August 2016 by Leonard MelmanIt 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.
A matter of some serious concern has developed in the relationship between the prices for gold and silver and the performance of mining share averages.
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Revisiting the Rocker Box • Can You Recognize Valuable Ores? • Follow Up to "Just One More Time" • The Highs and Lows of Drywashing • Successful Detecting Requires Attention to Detail—Part I • Panning for Gold on Canyon Creek • China Closing More Than 1,000 Mines • Habits, Procedure, and Where Is The Gold? • Exploring A Historic Lode Mine • Mining Stock Quotes and Mineral & Metal Prices
MMAC & PLP Update