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.
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
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 • 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
Ask The Experts - Can a detonation help determine the size and location of basalt? • On the fence about subscribing? Want to check out a 3D sample issue? • Resurrecting An Old Hard Rock Mine • PLP Update