Melman on Gold & Silver
August 2018 by Leonard Melman
...one of our most important technical indicators, the “Dow/Gold Ratio,” may be giving off an important signal at this time, which we discuss briefly...
From our precious metals point of view, I would note that if the production of these metals fails to meet demand, prices will likely rise, perhaps very smartly, thereby fueling additional increments of future inflation.
If the costs of financing the national debt increase in a manner described in this study, that should, in our opinion, be regarded as a long-term plus for the precious metals.
The ultimate resolution of this apparent contradiction between fundamental news and market performance could provide us with important future clues for gold and silver.
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.
In all the years I have been writing this column (approaching 35) and in my writings elsewhere, I have to admit that I never foresaw the kind of immense changes that have been wrought during the past two months…
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - What are these thin brittle sheets with reddish powder? • Ask The Experts - Are custom mills available for titanium and tungsten? • Ask The Experts - What assay value is needed for cobalt deposits? • Ask The Experts - What do you think is the source of gold in this area of Ireland? • Annual Claim Filings Due • Highbanking for Gold • Gold Placers in Italy • Critical Minerals: Titanium—Part II • Detector Brings New Life to An Old Lode Mine • The Batteries Metal Rush • Blackberries and Gold • Writing It All Off After The Tax Cuts and Jobs Act • Mining Stock Quotes and Mineral & Metal Prices