Melman on Gold & Silver
June 2016 by Leonard MelmanAnother 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.
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
Somehow, 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.
Many gold and silver observers have been more than slightly concerned regarding the lack of any sustained rally...
The ultimate resolution of this apparent contradiction between fundamental news and market performance could provide us with important future clues for gold and silver.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • The Heavy Minerals in Your Concentrates • MMAC & PLP Update • Pocket Gold • Critical Metals: Antimony • Care and Lubrication of a Model 13 Laboratory Wilfley Table • Mining Stock Quotes and Mineral & Metal Prices