Melman on Gold & Silver
July 2020 by Leonard Melman
…one thing is certain for the precious metals—these events reflect growing instability—and growing instability has historically been positive for the prices of gold and silver.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.
Over the past few months we have noted a gradual increase in news relating to inflation—but during the past month this gradual increase has accelerated steadily and has now taken on the appearance of a virtual flood.
As noted above, the “Ring of Fire” is an area of great potential mineral wealth located in the far northern Ontario Province of Canada. Many companies have sent in exploration and development teams…
While present official numbers remain quiescent at below 2%, we strongly believe the seeds of future inflation have now been laid via virtually unlimited currency creation by various central banks around the globe.
The Bawl Mill • Ask The Experts - Can GPR be used for lode prospecting? • Ask The Experts - How do I extract gold from pyrite? • Ask The Experts - Should I dig faint sounds with no indicator bars while detecting? • Ask The Experts - Should the detector sound on iron and nickel in a gold area? • Hard Rock 101: Micro Blasting • Sluicing and Detecting Downstream • Tips and Tricks • Gold Prospecting for Better or Worse: Does Caliche Grow? • 10 Keys to Prospecting Like A Pro • Polymetallic Skarn Deposits • Practical Advice for Milling Hard Rock Ores • Speed Prospecting for Hard Rock Gold • Forrest Fenn Treasure Chest Finally Found? • Mining Stock Quotes and Mineral & Metal Prices