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.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.
Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
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