Melman on Gold & Silver
September 2018 by Leonard Melman
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.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
...rising inflation has been perhaps the greatest single positive influence during past golden bull markets, and the fires of inflation, particularly those driven by rising food prices, do appear to be glowing ever brighter.
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.
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
Ask The Experts - Why is there no detector signal with pyrite? • Ask The Experts - Need assaying advice • Ask The Experts - Can you tell me anything about the Cherry Creek District in Nevada? • Legislative and Regulatory Update • Understanding Skim Bar Placers • Detecting Canyon Bedrock in The Sierras • Mining Journal Receives Honor • Gold Prospecting: For Better or Worse • New Research Tool for Miners in Wyoming • PLP Update • Have We Hit 'Peak Gold'? • Old Mine Sites and New Technology • What Happened to The Gold Prospecting and Mining Summit? • Mining Stock Quotes and Mineral & Metal Prices