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.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
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.
...the tax rate for an incorporated, small-scale mine or mining-related business will be reduced from the former 35 percent rate to 21 percent for the 2018 tax year and thereafter.
Every so often, deadlines are a real pain in the neck! That is truly the case this month as we must complete these musings prior to the Vice Presidential debates as well as the last two Obama-Romney encounters.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
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