Melman on Gold & Silver
September 2017 by Leonard Melman
This collection of positives augurs well for strengthening worldwide industrial activity leading to upward price pressures and eventually rising inflationary expectations—all of which have historically positive implications for gold and silver...
Just as we were sitting down to write this column, a political bombshell was released when Rick Santorum announced he was terminating his efforts to win the Republican Presidential nomination, virtually assuring the nomination will be to Mitt Romney. The remaining candidates, Ron Paul and Newt Gingrich appear to have no realistic chances.
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.
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.
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
Well, the year 2013 is now underway and we have surely entered the “Brave New World” that has followed the election of 2012. From my personal point of view, and I might add, unfortunately, this year and the ones following are beginning to appear that they will turn out to be quite similar to the preceding period.
The Bawl Mill • Our Readers Say • Ask The Experts - Where can I get geological maps? • Ask The Experts - What happens to gold during flash flooding in dry areas? • Ask The Experts - How do gold and silver stocks react in market crashes? • Ask The Experts - I need help with more in-depth mining research • Ask The Experts - Is this gold? • Legislative and Regulatory Update • Entry-Level Metal Detectors for Gold Prospecting • MMAC Update • Nice Specimen Gold Recovered in Northern California • How to Recognize Hard Rock Gold Ores • The Coeur Rochester Mine • Detecting and Recovering Those Tiny Pieces • EPA Chief to Reconsider Paying Claims Over Mine Waste Spill • Environmental Analysis Starts for Proposed Idaho Gold Mine • Mining Stock Quotes and Mineral & Metal Prices