Melman on Gold & Silver
February 2017 by Leonard Melman…they continue to strut around and make declarations and proclamations as if they were still in positions of power. In other words, in political terms, they haven’t “got the message” that they are now in a minority position…
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
If we watch the action in six important markets, then we must conclude that there is, indeed, cause for deep concern.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: Looking for help on unproven claim • Calcite and Limestone • Detecting Basics: Lose the Bad Habits Not the Gold • Feather River Gold • Detecting Alluvial Bench Deposits • Underground Mining: Getting the Ore Out • From Vietnam to Wedding Bands • Trade-Ins, Swaps and Like-Kind Exchanges • Mining Stock Quotes and Mineral & Metal Prices