Melman on Gold & Silver
December 2017 by Leonard Melman
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
…there is now concrete evidence that growing numbers of investors and other concerned observers are now turning to gold as a storehouse of value in these potentially troubling times.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Looking for help smelting gold • Ask The Experts - Chlorine bleach and vinegar makes a deadly combination • Ask The Experts - Were there insufficient values to continue mining at this site? • Watch Out for Split Estates When Filing Your Claim • Detecting the Fringe Areas • Butte, Montana—The Richest Hill on Earth • Conrey Dredge No. 4—Part II • California: The Land of Big Nuggets—Part I • Gold Detecting Strategies for Hydraulic Mines and Debris Flows • New Technology for Extracting Lithium To Be Tested in Nevada • Mining Stock Quotes and Mineral & Metal Prices