Mining Stock Quotes and Mineral & Metal Prices
July 2016 by Staff
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.
...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.
Fundamental information on gold and silver turned more to the bullish side this past month, and we can point to three particular items as the basis for that conclusion.
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.
The Bawl Mill • Legislative and Regulatory Update • Australian Gold Adventure • A New Method for Handling Stubborn Gravity Middlings • The Essence of Gold Prospecting • Jim Madden's Gold • MMAC & PLP Update • The PATH to Tax Savings • Just One More Time • Update: People v. Rinehart • Melman on Gold & Silver