Mining Stock Quotes and Mineral & Metal Prices
June 2017 by Staff
A report from the Bureau of Land Management (BLM) titled "Public Rewards from Public Lands—Fiscal 1998", shows that minerals production is the largest income producer for the federal government on BLM-managed lands.
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
All in all, these spending proposals, combined with those already approved, could bring total spending for the current budget year to around $8 trillion—by far the highest level ever recorded in America’s history.
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
…one thing is certain for the precious metals—these events reflect growing instability—and growing instability has historically been positive for the prices of gold and silver.
To say that the international environmental community took exception to President Trump’s decision to remove America from the 2016 Paris Accord would be an understatement of enormous proportions.
The ultimate resolution of this apparent contradiction between fundamental news and market performance could provide us with important future clues for gold and silver.
The Bawl Mill • Ask The Experts: What indicator rocks should I be looking for in northern Nevada? • Ask The Experts: What to do with scheelite • Ask The Experts: Small-scale drilling • Quartzsite Gives Up Some Big Gold • Prospecting After Winter Storms • How to Stake Your Own Claim—Researching Mining Claims • The Birthday Nugget Patch • MMAC Update • The Goldfield Mining District, Nevada—Part I • Volume is the Key to Success • Getting Started • Melman on Gold & Silver