Melman on Gold & Silver
April 2020 by Leonard Melman
If we watch the action in six important markets, then we must conclude that there is, indeed, cause for deep concern.
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
...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?"
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
...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.
I find it difficult to recall a period when the world has encountered so many simultaneous threats which “should” have driven gold and silver higher, and yet the precious metals markets—so far—have failed to rally to any significant extent.
We have been concerned for some time about the growing roster of laws, rules and regulations under which the entire industrial complex must operate…
As an employer, every mining operation, large or small, is responsible for protecting the safety and health of its employees. Safety is also good business. An effective safety and health program can save $4 to $6 for every $1 invested. It’s the right thing to do, and doing it right pays off in lower costs, increased productivity, and higher employee morale.
The Bawl Mill • Sampling for Success—Part II • Ask The Experts - Investing: How do you know which companies have potential? • Miners Fight Back When BLM Says 'Your Claim Is Too Long' • It's Another 'Ben Day' • How to Research Prospecting Locations and Mining Claims • Some Tips and Tricks for Dredgers: Determining Pulley Size and Belt Length • Where Will The Gold Price Go From Here? • Holcomb Valley Gold, Southern California • Gold Prospecting for Better or Worse: The Good Luck and Bad Luck of Prospecting With Animals • Lode Miner Continues to Find Pocket Gold • Judge Backs Minnesota's Twin Metals Mine in Lease Dispute • Over the Divide: Rick Lague • Mining Stock Quotes and Mineral & Metal Prices