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%...
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
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.
We have heard much “tough talk” through the years regarding reining in the regulatory excesses of government agencies in the past, but little action has followed those words. Perhaps we will finally see a genuine move away from excessive regulation.
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
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