Melman on Gold & Silver
April 2012 by Leonard MelmanOne of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
Talk about “déjà vu!” Americans woke up early morning Tuesday, November 6 with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority. They went to bed late Tuesday night with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
The Bawl Mill • Ask the Experts • Ask the Experts • Prospecting Homonyms • Revisiting an Old Mine in Idaho Reaps Rewards • Today's MSHA • Following Clues to a Lost Gold Deposit—The Northern Extension of the Cedarberg • Bering Sea Gold—Part I • Safety With a Tax Deduction • Who Says You Have to Own a Claim to Find Gold? • US Policies Holding Back Arizona • Judge Gives OK to Nevada Mining Tax Initiative • Mining Stock Quotes and Mineral & Metal Prices