Money & Markets
Mining Stock Quotes and Mineral & Metal Prices
May 2017
Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
Melman on Gold & Silver
…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.
Melman on Gold & Silver
These moves were the first serious interruption to the bull market, which had not encountered a serious decline since the election of November, 2016. Since general market moves have been one of the most reliable historic indicators of precious metals market moves, we take a close look at these developments.
Mining Stock Quotes & Mineral and Metal Prices
Melman on Gold & 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.
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