Lower Prices Bring Layoffs
August 2013 by Chris RalphThe extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
From our precious metals point of view, I would note that if the production of these metals fails to meet demand, prices will likely rise, perhaps very smartly, thereby fueling additional increments of future inflation.
Every so often, deadlines are a real pain in the neck! That is truly the case this month as we must complete these musings prior to the Vice Presidential debates as well as the last two Obama-Romney encounters.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Common Mistakes of the New Detectorist • The Pearce Mineralized Area, Dragoon Mountains, Arizona—Part II • Mining for Gemstones and Mineral Specimens • Fighting and Winning Without a Lawyer • The Essentials of Dry Washing • Fortymile, Alaska Prospecting Adventure • Court Says Emergency Rule in California Unjustified • Sampling Placer Stockpiles • Prospecting Research • Buyer Beware! Counterfeit Metal Detectors • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Underground in the Original 16-1 Mine