Melman on Gold & Silver
April 2021 by Leonard Melman
Well, we are now almost two months into the new Biden Administration (as of our mid-March press deadline) and there most certainly have been some changes in direction from the preceding Trump years.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Talk about “déjà vu!” Americans woke up early morning Tuesday, November 6 with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority. They went to bed late Tuesday night with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority.
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…
I believe that the continual imposition of Leftist concepts on an already economically overburdened world is a recipe for some future economic catastrophe...
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
The Bawl Mill • Ask The Experts - What is the “blue lead?” • Ask The Experts - Can an Ohm meter find gold in pyrite? • Ask The Experts - Can you tell me about this mining district? • The 10-Ton Boulder: Expanding Grout Demolition • How Deep Can That Detector Go? • Simple Mine Surveying With Basic Hand Tools • Dredging Do's and Don'ts • Emails Confirm--FBI Was Looking for Gold at Pennsylvania Dig Site • Gold Prospecting for Better or Worse: Tuck and Roll • Preparing For The 2021 Mining Season • Drywashing for Desert Gold—Part III • Mining Stock Quotes and Mineral & Metal Prices