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.
One of the most popular medicines commonly available is “Dramamine,” defined to be, “… used to prevent and treat nausea, vomiting, cramps and vertigo associated with motion sickness,” according to our favorite medical dictionary. Well, after watching the various financial, political and psychological gyrations that have been taking place in the world’s markets over the past month, we might suggest that some sort of psychological Dramamine might be in order.
When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.
If we watch the action in six important markets, then we must conclude that there is, indeed, cause for deep concern.
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