Mining Stock Quotes and Mineral & Metal Prices
July 2017 by Staff
Making it even semi-permanent allows any business that spends heavily on equipment, machinery and other business property to reap large, up-front tax breaks.
...frankly, the question is being asked, "How in the world could otherwise rational people even consider investments in the yellow in the yellow and white metals?"
Our initial thought is simply this: why create these artificial currencies, unbacked by any material wealth, when the two items that worked so well century after century—namely gold and silver—are still fully available?
Occurrences such as these have proven, time and time again, that gold possesses the attribute of maintaining significant value over time, something that cannot be said of unbacked, fiat paper money where every such issuance has eventually deteriorated throughout history into virtual worthlessness.
Gold’s greatest previous bull market took place in 1977-1980 amidst currency instability, and we cannot help but note the similarities between the present and that past era.
What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
The Bawl Mill • Ask The Experts: What is a Spanish needle? • Ask The Experts: Sulfides and fluxes • Legislative and Regulatory Update • Simple Rules of Gold Geology: Comparing Epithermal and Mesothermal Deposits • The "Madonna Nugget"—A Weekend Hunt to Remember • The Goldfield Mining District, Nevada—Part II • Sunset Sunbaker • A Prospecting Adventure in Mexico • Critical Minerals: Tungsten • Police Urge Author to End Treasure Hunt • Melman on Gold & Silver