Melman on Gold & Silver
April 2019 by Leonard Melman
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
The Bawl Mill • Our Readers Say • Ask The Experts - Is there a Forest Service camping limit for mining claims? • Ask The Experts - Should I be focusing on uranium and thorium? • Ask The Experts - What is this sample worth? • Ask The Experts - Need help finding production records • How To File A Mining Claim • Back to Basics--Finding Gold With a Pan and a Sluice • Persistence Leads to Over a Pound of Gold • Gold Prospecting for Better or Worse: The Superbowl Nugget • Revisiting The Old Mini Patch • Preserving the True History of the Ivanhoe • Carr Fire Gold • Secrets of Successful Prospecting • Mining Stock Quotes and Mineral & Metal Prices