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.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and 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%.
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