Melman on Gold & Silver
August 2021 by Leonard Melman
First, in order to compensate for the diminishment of purchasing power that usually accompanies rising inflation, investors normally have demanded higher interest rates on their investment assets. This was particularly true in the 1977-81 era when inflation soared to almost 20% and interest rates rose to roughly the same level.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.
Why, if America’s economic performance is advancing steadily…are two especially sensitive and widely-used commodities performing so poorly?
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
The Bawl Mill • Ask The Experts - Are pulse induction detectors the right tech for gold? • Ask The Experts - Why can’t I find gold with my detector? • Ask The Experts - Are two rock crushing machines (jaw crusher and chain crusher) necessary? • Ask The Experts - Why am I finding only coarse gold, not fines in this area? • Ask The Experts - Is the amount of gold reserves claimed by mining companies real or just hype? • How To Identify Minerals • Chasing Hard Rock Gold As A Placer Deposit • Gold Prospecting for Better or Worse: Bumbling Through A Gold Bonanza • How Mesothermal/Orogenic Gold Deposits Form • My Explosive Introduction to Gold Mining • Georgetown CA: A Historically Rich Mother Lode Treasure • Reminder: Annual Claim Filings and Fees Due • Mining Stock Quotes and Mineral & Metal Prices