Money & Markets
Melman on Gold & Silver
April 2017 by Leonard Melman
A matter of some serious concern has developed in the relationship between the prices for gold and silver and the performance of mining share averages.Melman on Gold & Silver
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
Melman on Gold & Silver
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
Melman on Gold & Silver
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
Melman on Gold & Silver
Long-term, the outlook remains very favorable—but the obvious and important question is when we might expect a solid bull market revival to take place.
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
...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?"
Subscription Required:
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
Free:
MMAC Update
