Melman on Gold & Silver
November 2017 by Leonard Melman
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
…At present we may be entering a period of relative stability on many economic fronts and, therefore, our focus is now trending more toward social upheaval and the resultant increase in tensions as the prime movers for the precious metals.
It should come as no surprise that gold and silver acted similarly, rising sharply during the early hours of the crisis and retreating as tensions abated.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
If precious metals miners and prospectors were looking for a series of dramatic events to usher in the first two weeks of 2016, they have not been disappointed.
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
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 • Legislative and Regulatory Update • Ask The Experts - How do I work this glacial deposit? • Ask The Experts - How do I best recover gold in pyrite? • It Pays to Know Your Bedrock • BLM Cancels 10-Million-Acre Sage Grouse Mineral Withdrawal • Take it to Bedrock • The Beatty Mining District of Nevada • Flood Plain Gold Deposits—What Are They Really? • Exploring Iron Oxide Copper Gold Deposits • Conrey Dredge No. 4 • Mining Stock Quotes and Mineral & Metal Prices