Melman on Gold & Silver
March 2018 by Leonard Melman
These moves were the first serious interruption to the bull market, which had not encountered a serious decline since the election of November, 2016. Since general market moves have been one of the most reliable historic indicators of precious metals market moves, we take a close look at these developments.
The Province of British Columbia, one of mining’s most active venues, has just issued a clear warning call to all miners that regulatory changes are on the way, and they may not be welcome ones…
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
Unquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.
The Bawl Mill • The Wild Rush To Find More Cobalt—Part II • Trash! A Hindrance Or Hot Spot For Hidden Gold? • Rare Silver Nuggets And Their Origins • Legislative and Regulatory Update • Re-Opening Nevada’s Relief Canyon Mine • PLP and MMAC Update • New Rules For Taxing Pass-Through Income • Sulfides and Intergrain Gold Wire Nuggets • Man Who Died In Yellowstone In 2017 Was Looking For Hidden Treasure • $50 Million in Gold From 1857 Shipwreck Approved for Sale • Mining Stock Quotes and Mineral & Metal Prices