Melman on Gold & Silver
February 2022 by Leonard Melman
During the past month, two of our favorite sources of fundamental information for the precious metals markets have issued their summary reports looking ahead to the coming year.
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?
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.
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
...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.
The Bawl Mill • Ask The Experts - Claim staking as a job? • Ask The Experts - Tests for silver, platinum and rhodium? • Ask The Experts - Can refining be done without chemicals? • Small High-Grade Pocket Districts • Underwater Reclamation • Gold Detecting—Are You Up For It? • Crystallized Gold Mines of California • Gold Prospecting for Better or Worse: Never Go Alone • Prepping Your Gold Detecting Spots • How Far Has That Gold Traveled? • 'Outer Space' Diamond Headed for Auction • Mining Stock Quotes and Mineral & Metal Prices