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.
This general time frame appears to be a particularly important juncture in the precious metals markets and, therefore, we should present clearly understandable reasons why our opinion leans heavily toward continuation of the precious metals bull market...
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.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.
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