Melman on Gold & Silver
November 2018 by Leonard Melman
It appears that market softness due to a slowing Chinese economy may already have affected precious and base metals quotes.
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...
Despite a variety of other side subjects, the dominant source of financial headlines during the past month continues to be Europe, and we note two particular foci...
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.
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
Although there is no direct connection between the price of lumber and the precious metals, there is an important indirect one due to the importance of the housing market to overall economic activity.
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
The Bawl Mill • Ask The Experts - Skim Bar Placers article clarification • Ask The Experts - Is LR2000 working correctly? • Ask The Experts - What claim papers am I required to file at the county level? • Fall Drywashing—Just the Right Time of Year • Humble Beginnings • Understanding Large Gold Deposit Types: Discovering New Mines • Roads to Nowhere • Treasure Hunters Challenge FBI Over Dig for Civil War Gold • Out of the Ashes—New Access to Gold • Alluvial Paystreaks • Arizona Prospector Rescued from Mine Shaft • California State and US National Gold Panning Championships • Mining Stock Quotes and Mineral & Metal Prices