Indictments Pile Up for Gold Traders
June 2020 by Scott Harn
Several of the large banks are being investigated for illegal trading by the Department of Justice under the Trump administration, and some have already been indicted.
A matter of some serious concern has developed in the relationship between the prices for gold and silver and the performance of mining share averages.
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...
The need to bring mining back to North America is more urgent than ever.
Although there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
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.
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
The Bawl Mill • Our Readers Say Re: It's Time to Get the Heck Out of China • Ask The Experts - What’s the status of suction gold dredge permitting in California? • Ask The Experts - How do I properly and safely dispose of blasting caps? • Ask The Experts - How much silver per ton does it take to make a mine profitable? • Ask The Experts - How clean do my gold concentrates need to be to pour a gold button or bar? • Ask The Experts - What is the name and model of the old jaw crusher pictured in last month’s issue? • Dredging Tips and Tricks: T-80 Air Compressor Maintenance • Hard Rock 101: Mechanical Techniques • Clearing the Nugget Trap with a Detector • Resurrecting an Old Hard Rock Mine—Setting Up the Millsite • Desert Prospecting Yields More Than Just Gold • Memories of Shirttail Creek, Northern California • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices