Melman on Gold & Silver
December 2019 by Leonard Melman
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
Despite a variety of other side subjects, the dominant source of financial headlines during the past month continues to be Europe, and we note two particular foci...
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
The Bawl Mill • Ask The Experts - How do I obtain a map of Montana gold & sapphire gravel bars? • Ask The Experts - How do I process this white quartz with black striations? • Ask The Experts - Does gravel + bedrock = gold? • Back to Green Valley--With A Sluice • A Lesson In Underwater Sniping • More Fiddling While Forests Burn • Achieving Accurate Metal Detector Discrimination • My New Passion--Crystal Hunting • The Half-Mile Claim • Mining Stock Quotes and Mineral & Metal Prices • Gold Prospecting for Better or Worse: White Knuckle Mining