Money & Markets
Melman on Gold & Silver
February 2019 by Leonard Melman
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
Melman on Gold & Silver
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Melman on Gold & Silver
As we have noted through the years, perhaps the most direct, single influence on the future of gold and silver is their monetary opposite—currencies in general, the US Dollar in particular.
Then and Now: Is Gold Really Money?
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
Over the Fiscal Cliff for Tax Savings
The so-called “Fiscal Cliff” tax package recently passed by Congress and signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses about $76 billion.
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.
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
Subscription Required:
The Bawl Mill
• Ask The Experts - Do I need something other than a fire assay for PGMs?
• Ask The Experts - This low-grade ore is not worth processing
• Placer Gold Deposits of New Mexico
• The Hunch
• Resurrecting An Old Hard Rock Mine—A Series of Small Victories
• The Basics of Exploration Leases and Contracts—Part I
• Gold Prospecting for Better or Worse: A Long Hike
• Mutiny on The Mason
• Who Jumped Whose Claim First?
• The Value of Evidence
• Over The Divide: Charles "Chuck" Cushman
• Mining Stock Quotes and Mineral & Metal Prices
