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.
…for a change, it is time to turn away from the Trump-Mueller frenzy and concentrate once again on some of the other sources of information which can present us with valuable information related to our precious metals.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
When governments are hit by a barrage of such economic news, they usually react by attempting to stimulate economic activity by spending money, as some might say, “like drunken sailors”…
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.
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