Money & Markets
Melman on Gold & Silver
October 2011
All of these negatives have finally begun to erode bullishness on Wall Street and the financial markets began to look wobbly at best and dangerously weak at worst.Mining Stock Quotes and Mineral & Metal Prices
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.
Melman on Gold & Silver
...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.
Melman on Gold & Silver
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
Melman on Gold & Silver
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
Melman on Gold & Silver
…we cannot ignore the fact that several of the most widely-followed and respected economic voices are now raising questions about the potential near-term development of a full-blown market panic.
Subscription Required:
The Bawl Mill
• Legislative And Regulatory Update
• Ask The Experts—Separating platinum from sands using bubbles
• Ask The Experts—Extraction of micro gold from black sands
• Ask The Experts—Difference between a Geiger counter and scintillator
• Then and Now: Is Gold Really Money?
• Gold, Quartz & Chalcedony—Part I
• Prospecting Australia—Part I
• Oregon Dredge Permit Litigation Update
• Gold From Black Sand Tailings
• The Fine Art of Panning Heavy Sands
• California State Gold Panning Championships
• The Golden Days of Julian, California
• An Expensive Lesson
• Judge Denies Request To Delay Michigan Mine
