Melman on Gold & Silver
January 2017 by Leonard MelmanOne area receiving huge attention is the promised ascension of free market concepts associated with Trump versus the government-dominated Keynesian ideas previously advocated by both President Obama and Hillary Clinton.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
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.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
It 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.
What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
The Bawl Mill • Ask The Experts: Could you expand on your previous blasting article? • Ask The Experts: Equipment to break up heavy clay • Ask The Experts: “Energy” coming from black sand? • Ask The Experts: Assay problem or recovery problem? • Legislative and Regulatory Update • Detecting Strategies for Heavily Forested Areas—Part II • The Winning Hand • Early Winter Detecting in the Sierras • Gangue Minerals - What Do They Tell Us? • Mining Districts in Montana Get Organized • Feds Deny Lease Renewals for Minnesota Mine • Obama Administration Moves to Block Mining Near Yellowstone • The Perfect Response • MMAC Update • Mining Stock Quotes and Mineral & Metal Prices
That First Nugget