Melman on Gold & Silver
May 2018 by Leonard Melman
…we cannot ignore the fact that several of the most widely-followed and respected economic voices are now raising questions about the potential near-term development of a full-blown market panic.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
This is yet another potential danger to the financial and social health of America—and one which the precious metals markets appear to be taking under consideration.
Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho is headed to the full House.
Given the astonishing increase in government expenditures of the past two years, one must ask if there is another parade of taxes and levies waiting in the wings, and, directly related to our precious metals, if there is some form of tax rebellion also waiting in the wings.
The Bawl Mill • Ask The Experts - Is this a significant cobalt find? • Ask The Experts - Is this ICOG deposit commercially feasible to mine? • Ask The Experts - How to sell gold specimens • Our Readers Say • Putting Together A Small Free Gold Mill • Feds Sue California over Sales of Public Lands • Legislative and Regulatory Update • What To Do When Gold Recovery and Assay Values Differ • Metal Detecting Old Hard Rock Mine Dumps • Because I Said So • Hecla Fights Bad Actor Label in Montana • The Miner’s Switchback • Prepping For A New Season of Gold Hunting • Mining Stock Quotes and Mineral & Metal Prices
PLP and MMAC Update