Melman on Gold & Silver
December 2010 by Leonard MelmanMuch of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
On a personal note, very little has bothered me quite as much as the fact that some on the political left are crying “foul” about the fact that Secretary Clinton may have (the outcome is still slightly uncertain at press time) gained more popular votes than the President-elect and therefore the election result is “wrong.”
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
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.
The Bawl Mill • Ask The Experts—Iridium • Ask The Experts—Highbanker legal in CA?; Best place to sell raw gold? • Ask The Experts—Using classifiers • So, Where's The Gold?—Finding Gold Detectors Miss • The Oregon Claim • Forest Service v. Michael & Linda Backlund • Highbanking on the Feather River • CFTC Finds Evidence of Silver Market Manipulation • Gold in Arizona • Detecting for Gold in Australia—The Kimberley Trip • Mining Stock Quotes and Mineral & Metal Prices