Mining Stock Quotes and Mineral & Metal Prices
October 2013 by Staff
...this debacle may easily lead to disenchantment with government programs in general and politicians of all stripes in particular. Historically, that kind of unrest has been positive for precious metals markets.
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.
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
The Bawl Mill • EPA Tries to Intimidate Alaskan Miners • A Few Pointers About Cracks and Crevices • Hunting for Gold in the Quartzsite Area of Western Arizona • The Madonna Nugget • The Alaska Highway and Beyond • It's Hard to Find Gold! • Partner Withdraws from Pebble Project • Highbanking at the 144 • Potential Gold at Old Hydraulic Sites • California State Panning Championships—Foresthill, CA Heritage Celebration • Prospecting Tales: Forest Service, Fires and Bears—Oh My! • Melman on Gold & Silver