Melman on Gold & Silver
October 2016 by Leonard Melman
If precious metals miners and prospectors were looking for a series of dramatic events to usher in the first two weeks of 2016, they have not been disappointed.
...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.
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
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