Melman on Gold & Silver
May 2018 by Leonard Melman
…we cannot ignore the fact that several of the most widely-followed and respected economic voices are now raising questions about the potential near-term development of a full-blown market panic.
I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
Gold’s greatest previous bull market took place in 1977-1980 amidst currency instability, and we cannot help but note the similarities between the present and that past era.
In our opinion, these dizzying up and down moves reflect not so much a change in the direction of hard data, but rather fluctuations in sentiment regarding the degree of danger relating to the overall international economic structure.
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
The Bawl Mill • Ask The Experts - Is this a significant cobalt find? • Ask The Experts - Is this ICOG deposit commercially feasible to mine? • Ask The Experts - How to sell gold specimens • Our Readers Say • Putting Together A Small Free Gold Mill • Feds Sue California over Sales of Public Lands • Legislative and Regulatory Update • What To Do When Gold Recovery and Assay Values Differ • Metal Detecting Old Hard Rock Mine Dumps • Because I Said So • Hecla Fights Bad Actor Label in Montana • The Miner’s Switchback • Prepping For A New Season of Gold Hunting • Mining Stock Quotes and Mineral & Metal Prices
PLP and MMAC Update