Money & Markets
Melman on Gold & Silver
September 2019 by Leonard Melman
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
Melman on Gold & Silver
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
Melman on Gold & Silver
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.
New Rules For Taxing Pass-Through Income
...the tax rate for an incorporated, small-scale mine or mining-related business will be reduced from the former 35 percent rate to 21 percent for the 2018 tax year and thereafter.
Melman on Gold & Silver
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
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