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.
Back when I was in college, when I first started classes, the demand for new engineers was so strong that every graduate had multiple job offers without even trying.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
The need to bring mining back to North America is more urgent than ever.
...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
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.
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