Melman on Gold & Silver
April 2017 by Leonard MelmanA matter of some serious concern has developed in the relationship between the prices for gold and silver and the performance of mining share averages.
One of the most surprising jolts of the past month came with the decision of the Supreme Court upholding the legality of what has come to be known as “ObamaCare.”
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.
As noted above, the “Ring of Fire” is an area of great potential mineral wealth located in the far northern Ontario Province of Canada. Many companies have sent in exploration and development teams…
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
The “battle lines” are being clearly drawn. By the time you receive this issue both party conventions will take place within just a few weeks and there will be only four months until the final vote.
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
...controversy and animosity seem to be steadily increasing, quite possibly to the benefit of our precious metals as gold is now resting comfortably above $1,300—the highest level in more than two years as of mid-February.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: Is an XRF gun useful for prospecting and mineral identification? • Ask The Experts: Is this deposit worth working? • Ask The Experts: Can a long range locator probe detect gold in quartz? • Weathering, Erosion and Placers • The PIGMI—a DIY Crevice Tool • Diary of a Diamond Prospector • The Ups and Downs of Nugget Hunting • Epithermal Gold and Silver Deposits • Mining Stock Quotes and Mineral & Metal Prices