Mining Stock Quotes and Mineral & Metal Prices
June 2013 by Staff
One of the most popular medicines commonly available is “Dramamine,” defined to be, “… used to prevent and treat nausea, vomiting, cramps and vertigo associated with motion sickness,” according to our favorite medical dictionary. Well, after watching the various financial, political and psychological gyrations that have been taking place in the world’s markets over the past month, we might suggest that some sort of psychological Dramamine might be in order.
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
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.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Whether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.
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.
The Bawl Mill • Breaking Rock the Old School Way • My Lucky Month of March • Gold Rush in the Congo—Part II • A Journey Into the Silver Peak Range • Ancient River Channels of Trinity County • Which Nugget Detector Should I Get? • Liberty and the Phoenix Mine • Confluence Placers • Spanish Gold Ledge Still Producing Gold • Nevada Mining Tax Cap Repeal Clears Committee • Melman on Gold & Silver