BLM Reports That 'Mining' Brings Most Public Reward
August 1999 by Associated PressA report from the Bureau of Land Management (BLM) titled "Public Rewards from Public Lands—Fiscal 1998", shows that minerals production is the largest income producer for the federal government on BLM-managed lands.
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
If the costs of financing the national debt increase in a manner described in this study, that should, in our opinion, be regarded as a long-term plus for the precious metals.
If we watch the action in six important markets, then we must conclude that there is, indeed, cause for deep concern.
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.
…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.
The Bawl Mill • Our Readers Say • New Oregon Mining Legislation Friendly to Small Miner • Cutbacks at S. African Mines—Britain Blamed • Long-Term Camping Plan at Fortymile Proposed by BLM • "No Gold Sales" Says Nevada Senator • Panel Cuts Park Monies, Eases Mining Restrictions • State May Re-Examine Plans on Dredge Use Near Hope • Company Notes • Jim Butler's Political Career • Picks & Pans: Gold Recovery in Placer Mining Operations • Nevada Looks to Tourism to Fill Mining's Gap • PGMs in the United States • Miners Claim Victory in Fight That Began with Protest • U.S. Admits Botching Indian Funds Accounts • Gold Fever • Roads Protecting Grizzlies Reopen • Guanajuato Silver, Mexico • Roosevelt: From Boom Town to Mountain Lake • Dollar Must Slip for Gold to Rise • Looking Back • 1999 National Mining Hall of Fame Inductees • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices