Melman on Gold & Silver
December 2018 by Leonard Melman
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.
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
Unquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.
The Province of British Columbia, one of mining’s most active venues, has just issued a clear warning call to all miners that regulatory changes are on the way, and they may not be welcome ones…
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - LR 2000, ArcGIS, and other mapping applications • Ask The Experts - Advice for a new prospector in Placerville, California? • Placer Gold Deposits of Utah • Proven Strategies for Detecting Gold • Gold Prospecting for Better or Worse: Lesson Learned • Resurrecting An Old Hard Rock Mine • Time to Come Home • Gold Indicators—What to Look for in the Goldfields • The Rest of the Story—Detecting With Ray Mills • Gold and Mining Stocks Will Rebound—But When? • Mining Stock Quotes and Mineral & Metal Prices