Melman on Gold & Silver
November 2019 by Leonard Melman
…there is now concrete evidence that growing numbers of investors and other concerned observers are now turning to gold as a storehouse of value in these potentially troubling times.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
If the costs of financing the national debt increase in a manner described in this study, that should, in our opinion, be regarded as a long-term plus for the precious 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 • Ask The Experts - Seeking advice on setting up an operation and the agreement with the landowner • Montana Gold and Sapphires Revisited • A Third Generation Small-Scale Hardrock Revival • Gold Prospecting for Better or Worse: Respect the Angle of Repose • The Summer of ‘81 • The “Chuck It Out” Nugget • High Sulfidation Epithermal Deposits • Gold and Silver Deposits of Bodie, California • Mining Stock Quotes and Mineral & Metal Prices