Jim Butler's Political Career
August 1999 by Phillip I. EarlThe Nevada Historical Society's "This Was Nevada" Series
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
The Bawl Mill • Our Readers Say • New Oregon Mining Legislation Friendly to Small Miner • Cutbacks at S. African Mines—Britain Blamed • BLM Reports That 'Mining' Brings Most Public Reward • 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 • 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