Money & Markets
Melman on Gold & Silver
February 2011 by Leonard Melman
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.Mining Stock Quotes and Mineral and Metal Prices
Where Will The Gold Price Go From Here?
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.
Melman on Gold & Silver
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.
Melman on Gold & Silver
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
Melman on Gold & Silver
As we have noted through the years, perhaps the most direct, single influence on the future of gold and silver is their monetary opposite—currencies in general, the US Dollar in particular.
Melman on Gold & Silver
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