Mining Stock Quotes and Mineral & Metal Prices
February 2020 by Staff
As noted above, the “Ring of Fire” is an area of great potential mineral wealth located in the far northern Ontario Province of Canada. Many companies have sent in exploration and development teams…
On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
The Bawl Mill • Ask The Experts - Can you explain how caliche forms? • Ask The Experts - How does gold form? • Ask The Experts - Do you think it’s realistic for a detectorist to recover a couple of ounces per week if working full time? • Ask The Experts - Can you suggest proper discrimination settings for my detector? • Time to Stake Your Own Mining Claim • A Day On The Yuba River • Determining The Optimal Crushing Size for Gravity Recovery • Gold Prospecting for Better or Worse: The Pains of Prospecting • To Foam or Not to Foam • Following Man-Made Ditches to Recover More Gold • Sixteen to One Gold Mine: Going Underground - Pt II • All About Native Silver • Internet Forum Gold • Melman on Gold & Silver