Melman on Gold & Silver
February 2016 by Leonard MelmanIf precious metals miners and prospectors were looking for a series of dramatic events to usher in the first two weeks of 2016, they have not been disappointed.
All of these negatives have finally begun to erode bullishness on Wall Street and the financial markets began to look wobbly at best and dangerously weak at worst.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
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.
The need to bring mining back to North America is more urgent than ever.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Ask The Experts • Ask The Experts • The Art of Underwater Nugget Shooting • Northwestern Alaska Mineral Resources • A Family Quest for Gold • MMAC & PLP Update • The Fire Assay of Carbon • Determining the Amount of Gold in Rich Ores • Mining Stock Quotes and Mineral & Metal Prices
Gold in Quartz