Mining Stock Quotes and Mineral & Metal Prices
August 2017 by Staff
Only one word truly describes the greatest source of headlines during the past month and that word is “politics.” With the November 6 Congressional and Presidential elections drawing ever closer and with both party’s conventions having been recently concluded, we take a serious look at the political situation below.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
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.
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
The Bawl Mill • Ask The Experts: How would you go about evaluating a silver deposit? • Legislative and Regulatory Update • How to Make a Rock Sled for Dredging • More on Detecting Pocket Gold • The Rochester Mining District of Nevada • Early Summer Mining in Wyoming • US Rare Earths: We Have & We Have Not • National Hall of Fame Names 2017 Inductees • EPA Reopens Comments on Pebble Project • Over the Divide: Wayne (Jerry) Keene 1934-2017 • Melman on Gold & Silver