Money & Markets
Resource Maven Independent Analysis of the Resource Markets
November 2023 by Gwen Preston
Resource Maven Independent Analysis of the Resource Markets
There are more Questions than Answers
Melman on Gold & Silver
The last item on our “crisis agenda” may be the most important of all, perhaps because it may be the most unpredictable.
Melman on Gold & Silver
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
Melman on Gold & Silver
Just as we were sitting down to write this column, a political bombshell was released when Rick Santorum announced he was terminating his efforts to win the Republican Presidential nomination, virtually assuring the nomination will be to Mitt Romney. The remaining candidates, Ron Paul and Newt Gingrich appear to have no realistic chances.
Melman on Gold & Silver
On a personal note, very little has bothered me quite as much as the fact that some on the political left are crying “foul” about the fact that Secretary Clinton may have (the outcome is still slightly uncertain at press time) gained more popular votes than the President-elect and therefore the election result is “wrong.”
Melman on Gold & Silver
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
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