Melman on Gold & Silver
February 2020 by Leonard Melman
It should come as no surprise that gold and silver acted similarly, rising sharply during the early hours of the crisis and retreating as tensions abated.
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
The Bawl Mill • Ask The Experts - Can you explain how caliche forms? • Ask The Experts - How does gold form? • Ask The Experts - Do you think it’s realistic for a detectorist to recover a couple of ounces per week if working full time? • Ask The Experts - Can you suggest proper discrimination settings for my detector? • Time to Stake Your Own Mining Claim • A Day On The Yuba River • Determining The Optimal Crushing Size for Gravity Recovery • Gold Prospecting for Better or Worse: The Pains of Prospecting • To Foam or Not to Foam • Following Man-Made Ditches to Recover More Gold • Sixteen to One Gold Mine: Going Underground - Pt II • All About Native Silver • Internet Forum Gold • Mining Stock Quotes and Mineral & Metal Prices