Melman on Gold & Silver
September 2017 by Leonard Melman
This collection of positives augurs well for strengthening worldwide industrial activity leading to upward price pressures and eventually rising inflationary expectations—all of which have historically positive implications for gold and silver...
This general time frame appears to be a particularly important juncture in the precious metals markets and, therefore, we should present clearly understandable reasons why our opinion leans heavily toward continuation of the precious metals bull market...
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
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.
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
The Nevada Historical Society's "This Was Nevada" Series
The Bawl Mill • Our Readers Say • Ask The Experts - Where can I get geological maps? • Ask The Experts - What happens to gold during flash flooding in dry areas? • Ask The Experts - How do gold and silver stocks react in market crashes? • Ask The Experts - I need help with more in-depth mining research • Ask The Experts - Is this gold? • Legislative and Regulatory Update • Entry-Level Metal Detectors for Gold Prospecting • MMAC Update • Nice Specimen Gold Recovered in Northern California • How to Recognize Hard Rock Gold Ores • The Coeur Rochester Mine • Detecting and Recovering Those Tiny Pieces • EPA Chief to Reconsider Paying Claims Over Mine Waste Spill • Environmental Analysis Starts for Proposed Idaho Gold Mine • Mining Stock Quotes and Mineral & Metal Prices