Mining, Health Care & Taxes
November 2012 by Mark E. BattersbyLike it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.
...we believe that these measures will also lead to diminished profitability, diminished tax revenues and, therefore, increasing calls for massive new economic stimulation which again, by historic standards, could well work to the benefit of the precious metals.
This general time frame appears to be a particularly important juncture in the precious metals markets and, therefore, we should present clearly understandable reasons why our opinion leans heavily toward continuation of the precious metals bull market...
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
Well, the year 2013 is now underway and we have surely entered the “Brave New World” that has followed the election of 2012. From my personal point of view, and I might add, unfortunately, this year and the ones following are beginning to appear that they will turn out to be quite similar to the preceding period.
Several of the large banks are being investigated for illegal trading by the Department of Justice under the Trump administration, and some have already been indicted.
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • The Portable XRF Gun • Gold Dredging on Oregon's South Umpqua • The Struggle to Reopen Alaska's Largest Gold Mine • Prospecting With a Detector: Lessons Learned • The Rush to Treasure Hill • Tips on Crevicing for Gold • Using Google Earth and Other Maps • Proper Assaying of Placer Samples • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices