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.
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
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.
...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.
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.
The Bawl Mill • Ask The Experts - How do I remove the silvery-white coating from my gold? • Ask The Experts - Is it possible to mine glacial moraine placer deposits? • Ask The Experts - Why are some valid mining claims missing from apps when researching land status? • Ask The Experts - Is using a drywasher legal in California • A High Country Patch • An Update On The Father's Day Gold Discovery • Exploring The Historic Rand Mining District, Southern California • Disturbing Trend: Federal Judges Disregard Mining Laws • My First Carolina Nugget • How to Refine Silver—Pt I • Step-by-Step Crevicing • Mom Finds 3.72-Carat Yellow Diamond • Mining Stock Quotes and Mineral & Metal Prices