MINUTE ARCHIVES

We are pleased to inform new readers of this important service. Three times each week (usually Monday, Wednesday and Friday), unless travel or health conditions interfere, we will continue to write a timely commentary on current market conditions. These comments are entitled "Melman Minutes" and it is our hope that they will be of value in providing political and economic background information to assist in your interpretation of market conditions.

Wednesday, May 22nd, 2013

What has happened to the presumed high morality of our politicians and public servants?  It seems we are being inundated with stories of special IRS audits, widening tales of unauthorized and even illegal eavesdropping by public officials against 'non-obedient' news media; unexplained (and unexplainable) payments coming out of Canada's Prime Minister's office to help a favoured politician wiggle out of a hefty repayment requirement; a Canadian opposition party leader now suspected of failing to notify police about an offer to bribe politicians, etc. etc.. Read Article

Tuesday, May 21st, 2013

Charts are sure funny things given that sometimes they work well but at other times they can lead market participants far astray.  In my opinion, during the recent past, the gold chart has been providing valid trading signals and perhaps the clearest recent signal is now evident . . . Read Article

Friday, May 17th, 2013

Well, another Friday and another day of watching stock markets rise, precious metals markets fall and president Obama becoming more deeply embroiled within numerous controversies.  One can only wonder what the new week will bring!.  Read Article

Wednesday, May 15th, 2013

Where did all the good news come from?  Quite suddenly, the world in general and America in particular is being bombarded with a barrage of good news and that could be one of the primary reasons for the negative performance of precious metals during the past several months.  Let's take a look . . .  Read Article

Monday, May 13th, 2013

It seems that almost every time we look at productions from the financial media, we see nothing but a parade of games, games and more games.  The latest version appears to have taken a particularly devilish turn and follows a path of predicting dire financial reports and then, when they turn out to be only moderately bad, markets rally because the results were not as terrible as had been forecast.. Read Article

Monday, May 6th, 2013

How quickly we forget! During our recent driving trip to Washington State, my wife and I were able to buy gasoline in the city of Yakima at the (now) astonishingly low price of $3.199 per US gallon. Compared to the recent past, that is a genuine bargain, but when we look at the long term chart of the contract price of gas, it is easy to observe the ravages of inflation over time. Read Article

Thursday, May 2nd, 2013

Greetings from beautiful Val d’Or, Quebec where I am scheduled to visit Balmoral Resources’ properties today (Thursday).  We will be updating their “Company Reports” website section as soon as possible. Val d’Or is in the heart of one of Canada’s most prolific mining districts and I am looking forward to the visit.. Read Article

MINUTE ARCHIVES