Melman on Gold & Silver
August 2013 by Staff...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?"
Just as we were sitting down to write this column, a political bombshell was released when Rick Santorum announced he was terminating his efforts to win the Republican Presidential nomination, virtually assuring the nomination will be to Mitt Romney. The remaining candidates, Ron Paul and Newt Gingrich appear to have no realistic chances.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
This is welcome news. Many silver market commentators have stated publicly that the price of silver, currently hovering around $23.50 per ounce, should be much higher due to the scarcity of supply and the lack of faith in fiat currencies such as the US Dollar.
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 • Lower Prices Bring Layoffs • Prospecting Research • Buyer Beware! Counterfeit Metal Detectors • Mining Stock Quotes and Mineral & Metal Prices • Underground in the Original 16-1 Mine