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.
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...
...when we begin to observe what appears to be an early indication toward a more bullish stance in one of the major miners, that can reasonably provide us with a rising degree of optimism for the sector itself.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
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