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.
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
One of the most surprising jolts of the past month came with the decision of the Supreme Court upholding the legality of what has come to be known as “ObamaCare.”
From our precious metals point of view, I would note that if the production of these metals fails to meet demand, prices will likely rise, perhaps very smartly, thereby fueling additional increments of future inflation.
From the point of view of the precious metals, an upside breakout would have clear inflationary implications, which should benefit...
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.
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