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Melman on Gold & Silver

It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.

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Melman on Gold & Silver


Given the enormous expenditures that are required to bring any mining property into production, the industry can ill afford a regulatory system which, by reversing already existent approvals, can nullify the value of funds already expended.

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Melman on Gold & Silver


...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.

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Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho is headed to the full House.

Melman on Gold & Silver


Next, all of silver’s chart action since   mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.

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