Melman on Gold & Silver
March 2020 by Leonard Melman
One of the most rewarding features of technical analysis is when clear signals are fulfilled by the market and also when those signals conform to the bulk of fundamental information.
Occurrences such as these have proven, time and time again, that gold possesses the attribute of maintaining significant value over time, something that cannot be said of unbacked, fiat paper money where every such issuance has eventually deteriorated throughout history into virtual worthlessness.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho is headed to the full House.
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
The Bawl Mill • Ask The Experts -- How do I find the owners of patented property? • Ask The Experts -- Is it worth going after these rare earth minerals? • Ask The Experts -- Will a land mine detector work for gold? • How to Turn Your Gold Finds Into Cash • My First Gold Patch • Caught Between A Hard Rock and A Rare Earth Place • The Potholes—California’s Oldest Known Mining District • Sampling for Success—Part I • Over The Divide: Annie Carol Robinson • Gold Prospecting for Better or Worse: If the RV’s a Rockin’, Please Come a Knockin’ • The Mid-Winter Nugget • Gold In The Midwest—Part III: Iowa, Missouri, and Kansas • Trump Proposes $1.5 Billion to Fund US Uranium Production • Mining Stock Quotes and Mineral & Metal Prices