Melman on Gold & Silver
August 2012 by Leonard MelmanOne of the most surprising jolts of the past month came with the decision of the Supreme Court upholding the legality of what has come to be known as “ObamaCare.”
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
The Bawl Mill • Ask the Experts: Something for everyone... • Ask the Experts: VMS ore • Ask the Experts: More suggestions for dealing with metallic trash.... • Ask the Experts: various mining courses • Sniping for Gold • Gold in Guyana—Part II: Process Optimization at Sacre Coeur Minerals' Lower Puruni Alluvial Mining Project • Following Clues to an Old Mill and Vein Strike • Small-Scale Miners Rock the Mining World • Big Rock Gold • Still Gold in Humbug, Arizona • Never Take Safety for Granted • Mining Stock Quotes and Mineral & Metal Prices