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.
Occurrences such as these have proven, time and time again, that gold possesses the attribute of maintaining significant value over time, something that cannot be said of unbacked, fiat paper money where every such issuance has eventually deteriorated throughout history into virtual worthlessness.
...one of our most important technical indicators, the “Dow/Gold Ratio,” may be giving off an important signal at this time, which we discuss briefly...
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
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