Melman on Gold & Silver
November 2009 by Leonard MelmanThere are many factors that affect the price of gold. It appears to us that the majority of them are now pointing to higher prices, not lower.
Bonding regulation changes went into effect in December 2001, requiring many small miners who had been operating under a Notice of Intent to obtain bonding for their operations.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
There are strong opinions on both sides after the Bush administration issued a rule ending the Clinton-era Roadless Rule.
• Idaho miners will challenge new EPA permit at rally
• California proposes to amend definition of a suction dredge
• Proposed rule redefines "navigable waters"
The Bawl Mill • Molycorp Minerals Reopens Mountain Pass Mine • Utah's Crescent Creek Placers • The Business of Mining—Home Office Tax Deduction • Peshastin Creek, Washington • Michigan Proposal Would Restrict Mining Operations • No Gravel, No Gold • Nevada Regulators Reach Agreement With Queenstake Resources • Stillwater Recovers Without GM’s Business • Gold Has Shown Its Mettle, But How High Can It Go? • Utility Agrees to Remove Four Klamath River Dams • Mining Stock Quotes & Mineral and Metal Prices