Melman on Gold & Silver
January 2021 by Leonard Melman
…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.
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.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price 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.
Why, if America’s economic performance is advancing steadily…are two especially sensitive and widely-used commodities performing so poorly?
Recent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.
The Bawl Mill • Happy New Year 2021! • Ask The Experts - Does steep stream bedrock act like riffles? • Ask The Experts - Where do I register a mining claim in Nevada? • Ask The Experts - Are eskers good locations for gold? • Ask The Experts - Any tips for hunting down gold veins? • Our Readers Say • Dealing With Hot Rocks and Mineralization • Principles of Designing Your Mill Production System, Part I: Starting Up • Pay Attention to the Features and Landmarks • Gold Prospecting for Better or Worse: All Work and No Pay • Specialized Equipment Available for Hire • Which Coil Should I Use? • Northern Dynasty To Appeal Alaska Permit Rejection • Our Old Friend, Mr. Crashbox • Resolution Copper Project To Be Reviewed By Year-End • Mining Stock Quotes and Mineral & Metal Prices