Financing by the Crowd
September 2012 by Mark E. BattersbyWhile 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.
…Washington and America have never seen a flow of actions by a new President to match what Trump has done during his first three weeks, but those actions suggest two interpretations.
Quite suddenly, another major financial issue with significant implications for the world of precious metals has been gaining growing attention. We are referring to concern about looming “currency wars,” and we also discuss that topic...
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.
If precious metals miners and prospectors were looking for a series of dramatic events to usher in the first two weeks of 2016, they have not been disappointed.
The Bawl Mill • Cold Alaskan Gold—Part I • Wild and Scenic River Prospecting—North Fork of the American River • Detecting for Gold—Finding Nuggets Where You Least Expect Them • Potholes and Other Bedrock Traps • Wealth Beyond Your Wildest Imagination • Gold Too Big to Carry • The World of the Simple Gold Pan • New Silver and Zinc Mine Slated for Montana • Eastern Oregon Mine Seeks Permits • Mining Returns to Historic Comstock • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices