Money & Markets
Then and Now: Is Gold Really Money?
October 2011 by Chris Ralph

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
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
Melman on Gold & Silver
When governments are hit by a barrage of such economic news, they usually react by attempting to stimulate economic activity by spending money, as some might say, “like drunken sailors”…
Melman on Gold & Silver
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
Melman on Gold & Silver
If we watch the action in six important markets, then we must conclude that there is, indeed, cause for deep concern.
Melman on Gold & Silver
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
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