Melman on Gold & Silver
June 2019 by Leonard Melman
…for a change, it is time to turn away from the Trump-Mueller frenzy and concentrate once again on some of the other sources of information which can present us with valuable information related to our precious metals.
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
Another potential problem is the body of regulations imposed by the Paris Climate Accord that President Trump had negated but which President Biden has immediately rejoined.
Why, if America’s economic performance is advancing steadily…are two especially sensitive and widely-used commodities performing so poorly?
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Can you provide information on gold in Ghana? • Ask The Experts - Geophysics and gold deposits • Ask The Experts - Do these items qualify as mechanized equipment? • Ask The Experts - EPA Method 6020 testing • Ask The Experts - New detector or stick with the old? • The Value of Old Patches • A 'Rare' Opportunity for America • Tips for Cleaning Gold Nuggets • How Long Does It Take to Find and Recover An Ounce of Gold? • Gold Prospecting for Better or Worse: In A Tight Spot • Detecting Wet Ground Yields More Fun Than Gold • Over The Divide: Jim Straight, 1930-2019 • Beach Mining for Placer Gold • Reno's 1872 Time Capsule Includes Gold Rush Lore • Mining Stock Quotes and Mineral & Metal Prices