Mining Stock Quotes and Mineral & Metal Prices
December 2013 by Staff
Perhaps the first and most important is the fact that the foreign exchange value of the US Dollar has been going down steadily for several months. As the value of the Dollar goes down, the price of goods in Dollar terms tend to go up…
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
Only one word truly describes the greatest source of headlines during the past month and that word is “politics.” With the November 6 Congressional and Presidential elections drawing ever closer and with both party’s conventions having been recently concluded, we take a serious look at the political situation below.
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Sierra County Gold—Part I • ICMJ's Annual Index • Ophir—Possibly the Best Kept Secret in Alaska—Part II • Hunting for Hardrock: The Basics • Gold in the San Francisco District Oatman, Mohave County, Arizona • Heavy Glacial Rocks and Gold in the Midwest • Strategic Metals—Part II • The Amazing Mineral Tourmaline • Melman on Gold & Silver