Melman on Gold & Silver
January 2017 by Leonard MelmanOne area receiving huge attention is the promised ascension of free market concepts associated with Trump versus the government-dominated Keynesian ideas previously advocated by both President Obama and Hillary Clinton.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
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.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
The Bawl Mill • Ask The Experts: Could you expand on your previous blasting article? • Ask The Experts: Equipment to break up heavy clay • Ask The Experts: “Energy” coming from black sand? • Ask The Experts: Assay problem or recovery problem? • Legislative and Regulatory Update • Detecting Strategies for Heavily Forested Areas—Part II • The Winning Hand • Early Winter Detecting in the Sierras • Gangue Minerals - What Do They Tell Us? • Mining Districts in Montana Get Organized • Feds Deny Lease Renewals for Minnesota Mine • Obama Administration Moves to Block Mining Near Yellowstone • The Perfect Response • MMAC Update • Mining Stock Quotes and Mineral & Metal Prices
That First Nugget