Melman on Gold & Silver
October 2020 by Leonard Melman
Given the enormous expenditures that are required to bring any mining property into production, the industry can ill afford a regulatory system which, by reversing already existent approvals, can nullify the value of funds already expended.
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.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
…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.
The “battle lines” are being clearly drawn. By the time you receive this issue both party conventions will take place within just a few weeks and there will be only four months until the final vote.
The Bawl Mill • Ask The Experts - Too early to build the crusher? • Ask The Experts - Time for small mine exemptions • Ask The Experts - Should I be checking the culverts for gold? • Sniping for Gold—The Next Best Thing to Dredging • Hard Rock 101: Advanced Micro Blasting • Now Is The Time For Exploration • Gold in Unlikely Places—And 'Eating Crow' • From Iowa to Alaska—How I Became A Gold Miner • Jamestown and Our Mother Lode Gold Rush Adventures • Why Assaying Placer Gold Deposits Doesn't Work • Gold Prospecting for Better or Worse: Those Blasted Boulders! • Mining Stock Quotes and Mineral & Metal Prices