Mining Stock Quotes and Mineral & Metal Prices
June 2016 by Staff
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.
...it is beginning to appear that we are recently witnessing a gradual buildup of background information that could lend strength to the arguments for ultimately higher gold and silver prices.
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
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.
Although there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • The Heavy Minerals in Your Concentrates • MMAC & PLP Update • Pocket Gold • Critical Metals: Antimony • Care and Lubrication of a Model 13 Laboratory Wilfley Table • Melman on Gold & Silver