Melman on Gold & Silver
November 2018 by Leonard Melman
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
It may be no exaggeration at all to state that the past thirty days have seen a collection of headlines that could affect the world profoundly for years to come.
The Bawl Mill • Ask The Experts - Skim Bar Placers article clarification • Ask The Experts - Is LR2000 working correctly? • Ask The Experts - What claim papers am I required to file at the county level? • Fall Drywashing—Just the Right Time of Year • Humble Beginnings • Understanding Large Gold Deposit Types: Discovering New Mines • Roads to Nowhere • Treasure Hunters Challenge FBI Over Dig for Civil War Gold • Out of the Ashes—New Access to Gold • Alluvial Paystreaks • Arizona Prospector Rescued from Mine Shaft • California State and US National Gold Panning Championships • Mining Stock Quotes and Mineral & Metal Prices