Melman on Gold & Silver
August 2017 by Leonard Melman
We have heard much “tough talk” through the years regarding reining in the regulatory excesses of government agencies in the past, but little action has followed those words. Perhaps we will finally see a genuine move away from excessive regulation.
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
While present official numbers remain quiescent at below 2%, we strongly believe the seeds of future inflation have now been laid via virtually unlimited currency creation by various central banks around the globe.
Given the enormous expenditures that are required to bring any mining property into production, the industry can ill afford a regulatory system which, by reversing already existent approvals, can nullify the value of funds already expended.
The Bawl Mill • Ask The Experts: How would you go about evaluating a silver deposit? • Legislative and Regulatory Update • How to Make a Rock Sled for Dredging • More on Detecting Pocket Gold • The Rochester Mining District of Nevada • Early Summer Mining in Wyoming • US Rare Earths: We Have & We Have Not • National Hall of Fame Names 2017 Inductees • EPA Reopens Comments on Pebble Project • Over the Divide: Wayne (Jerry) Keene 1934-2017 • Mining Stock Quotes and Mineral & Metal Prices