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.
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.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
Fundamental information on gold and silver turned more to the bullish side this past month, and we can point to three particular items as the basis for that conclusion.
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