Money & Markets
Mining Stock Quotes and Mineral & Metal Prices
February 2014 by Staff
Melman on Gold & Silver
First, in order to compensate for the diminishment of purchasing power that usually accompanies rising inflation, investors normally have demanded higher interest rates on their investment assets. This was particularly true in the 1977-81 era when inflation soared to almost 20% and interest rates rose to roughly the same level.
Melman on Gold & Silver
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Melman on Gold & 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.”
Melman on Gold & Silver
One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.
Melman on Gold & Silver
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.
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