Melman on Gold & Silver
July 2017 by Leonard Melman
To say that the international environmental community took exception to President Trump’s decision to remove America from the 2016 Paris Accord would be an understatement of enormous proportions.
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.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.
The Bawl Mill • Ask The Experts: What is a Spanish needle? • Ask The Experts: Sulfides and fluxes • Legislative and Regulatory Update • Simple Rules of Gold Geology: Comparing Epithermal and Mesothermal Deposits • The "Madonna Nugget"—A Weekend Hunt to Remember • The Goldfield Mining District, Nevada—Part II • Sunset Sunbaker • A Prospecting Adventure in Mexico • Critical Minerals: Tungsten • Police Urge Author to End Treasure Hunt • Mining Stock Quotes and Mineral & Metal Prices