Money & Markets
Melman on Gold & Silver
January 2020 by Leonard Melman
Our initial thought is simply this: why create these artificial currencies, unbacked by any material wealth, when the two items that worked so well century after century—namely gold and silver—are still fully available?
Melman on Gold & Silver
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
Melman on Gold & Silver
Although there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
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Lower Prices Bring Layoffs
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
Melman on Gold & Silver
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
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