Deductions: Get 'Em While You Can
September 2011 by Mark E. Battersby...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
We have been concerned for some time about the growing roster of laws, rules and regulations under which the entire industrial complex must operate…
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
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.
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.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
The Bawl Mill • Our Readers Say • Ask The Experts - Could I stake out a 20-acre claim with a waterway running through it just as I would a lode claim? • Ask The Experts - Do I have any grandfathered rights that post FLPMA claim holders do not have? • Q&A With Detector Designer Dave Johnson • Legislative and Regulatory Update • Dredging Tips From The Golden Rogue • Understanding and Prospecting Benches • Gold in the Slate Creek Basin • Endurance Is Golden • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices • The Preacher of Sheeps**t Flats