Melman on Gold & Silver
June 2018 by Leonard Melman
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Our initial thought is simply this: why create these artificial currencies, unbacked by any material wealth, when the two items that worked so well century after century—namely gold and silver—are still fully available?
Long-term, the outlook remains very favorable—but the obvious and important question is when we might expect a solid bull market revival to take place.
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
Every so often, deadlines are a real pain in the neck! That is truly the case this month as we must complete these musings prior to the Vice Presidential debates as well as the last two Obama-Romney encounters.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Are there different “ferro” products processed out of the ore? • Ask The Experts - How hot does a furnace need to be to get rid of sulphides? • Ask The Experts - Will this paystreak be downriver off the trailing edge of bedrock? • Putting Together A Small Free Gold Mill—Part II • Chasing Float Gold—The Starry Night Wash • 2018 National Mining Hall of Fame Inductees • A Test Grid Dredged for Gold Values • Michigan House Votes to Give Mining Operations More Flexibility • Mineral Exploration On The Rise • 18 Acquitted in Massive Brussels Diamond Heist • Captain Obvious Strikes Again • Mining Stock Quotes and Mineral & Metal Prices