Melman on Gold & Silver
March 2017 by Leonard Melman…Washington and America have never seen a flow of actions by a new President to match what Trump has done during his first three weeks, but those actions suggest two interpretations.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
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.
We have been concerned for some time about the growing roster of laws, rules and regulations under which the entire industrial complex must operate…
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