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.
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
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