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.
The need to bring mining back to North America is more urgent than ever.
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.
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
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.
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
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