Melman on Gold & Silver
October 2021 by Leonard Melman
Seldom, if ever, has this writer seen anything comparable to the level of hostility, disrespect and outright hatred now being demonstrated across America. If anyone thinks this is an erroneous conclusion, please consider the following ongoing events…
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
Over the past few months we have noted a gradual increase in news relating to inflation—but during the past month this gradual increase has accelerated steadily and has now taken on the appearance of a virtual flood.
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
Our initial thought is simply this: why create these artificial currencies, unbacked by any material wealth, when the two items that worked so well century after century—namely gold and silver—are still fully available?
...a presentation of these important trends—which coincidentally have dominated the recent news—and my resultant predictions for 2016 and beyond, will make up the majority of this column.
The Bawl Mill • Ask The Experts - Is the trumpet plant a good indicator of minerals? • Ask The Experts - Why won’t my detector respond on wire gold? • Ask The Experts - Should I be able to locate gold near old volcanoes? • Secrets of Gold Research and Why You Need It • Detecting 'New Again' Spots • The Miner’s Theme Park: MINExpo 2021 • Downieville: Another Gold Rush Favorite • Placer Sampling for the Small-Scale Miner • Gold Prospecting for Better or Worse: The Disappearing Nuggets • National Mining Hall of Fame Names 2021 Inductees • Lithium Fuels Hopes Around Salton Sea • Mining Stock Quotes and Mineral & Metal Prices