Melman on Gold & Silver
December 2017 by Leonard Melman
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
...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.
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
Making it even semi-permanent allows any business that spends heavily on equipment, machinery and other business property to reap large, up-front tax breaks.
Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Looking for help smelting gold • Ask The Experts - Chlorine bleach and vinegar makes a deadly combination • Ask The Experts - Were there insufficient values to continue mining at this site? • Watch Out for Split Estates When Filing Your Claim • Detecting the Fringe Areas • Butte, Montana—The Richest Hill on Earth • Conrey Dredge No. 4—Part II • California: The Land of Big Nuggets—Part I • Gold Detecting Strategies for Hydraulic Mines and Debris Flows • New Technology for Extracting Lithium To Be Tested in Nevada • Mining Stock Quotes and Mineral & Metal Prices