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.
From our precious metals point of view, I would note that if the production of these metals fails to meet demand, prices will likely rise, perhaps very smartly, thereby fueling additional increments of future inflation.
…this being our January 2021 edition, we offer our forecasts for gold and silver during the coming year. Hint: I hope I am not being overly-optimistic.
Long-term, the outlook remains very favorable—but the obvious and important question is when we might expect a solid bull market revival to take place.
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.
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
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