Melman on Gold & Silver
The Federal Reserve just reported that inflation exceeded their 2% target for the first time in five years and the University of Michigan reported their inflationary expectations have now risen to 2.7%.
...it is beginning to appear that we are recently witnessing a gradual buildup of background information that could lend strength to the arguments for ultimately higher gold and silver prices.
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
Gold’s greatest previous bull market took place in 1977-1980 amidst currency instability, and we cannot help but note the similarities between the present and that past era.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: How many claims can I file in Arizona? • Ask The Experts: What should I do with a large amount of old placer concentrates? • Shaker Tables for Processing Hard Rock Ores • Becoming a Successful Detectorist • Hand Panning Micro-Fine Gold • Sampling, Hydro-Shocking & Cleaning Quartz-Gold Specimens • My Lucky Thirteen Nuggets • Crushing, Grinding and Pulverizing • A Break in the Weather • From the Editor • Prospecting Knowledge -- Pass It On! • Mining Stock Quotes and Mineral & Metal Prices • Over The Divide: Miles John Mitchell