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?
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
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.
The Nevada Historical Society's "This Was Nevada" Series
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
...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?"
The Bawl Mill • Ask The Experts - How do I separate gold from broken glass? • Ask The Experts - Can I get some tips on filing a mining claim? • Ask The Experts - Metal detector discrimination can be beneficial • Ask The Experts - Can I crush ore on my BLM claim and still be a small miner? • Gold In The Midwest—Part II: Illinois, Indiana, and Ohio • 21st Century American Gold Rush: Rare Earth Elements • Exceptions to the Rules: Re-Thinking Prospecting Rules of Thumb • Prospecting The East Fork San Gabriel Canyon, Southern California • Hit the Slopes to Find More Gold • Sixteen to One Gold Mine: Unique Challenges and Potential Rewards - Pt I • What About Palladium? • Mining Stock Quotes and Mineral & Metal Prices