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.
In our opinion, these dizzying up and down moves reflect not so much a change in the direction of hard data, but rather fluctuations in sentiment regarding the degree of danger relating to the overall international economic structure.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.
...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?"
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…
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