Melman on Gold & Silver
April 2011 by Leonard MelmanSomehow, 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.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
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.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
The Bawl Mill • Mining Claims—What to Know Before You File • Prospecting Underground: Use Caution • Small-Scale Concentrating and Recovery Methods • 5th Circuit Ruling May Benefit Miners • Indicator Minerals for Gold & Silver • Mud Men: Pocket Miners of Southwest Oregon Part III • Legislative and Regulatory Update • Mining Stock Quotes and Mineral & Metal Prices • Silver Mining Returning to Texas