Melman on Gold & Silver
June 2021 by Leonard Melman
The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.
Only one word truly describes the greatest source of headlines during the past month and that word is “politics.” With the November 6 Congressional and Presidential elections drawing ever closer and with both party’s conventions having been recently concluded, we take a serious look at the political situation below.
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.
There is a great debate raging in the metals comment-sphere: it is time to buy???
…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.
The Bawl Mill • Ask The Experts - How do I stake this claim? • Ask The Experts - Is this non-toxic leaching system for real? • Ask The Experts - Where can I find more information about this claim? • Ask The Experts - Can you tell me more about the Meadow Lake area? • Tracing Gold To Its Source • Tips & Tricks: How to Revive a Dredge Engine That’s Been Submerged • Quit While You’re Goin’ Good • The Historic Gold Rush Town of Quincy • Gold Prospecting for Better or Worse: Add This to Your Bucket (Check) List • Finding Gold Beyond Your Detector • Opinion: Another Attack on Oregon’s Rural Communities • Rand, Red Mountain, Atolia Mining Districts of Kern and San Bernardino Counties, California • Mining Stock Quotes and Mineral & Metal Prices