Mining Stock Quotes and Mineral & Metal Prices
January 2021 by Staff
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
Just as we were sitting down to write this column, a political bombshell was released when Rick Santorum announced he was terminating his efforts to win the Republican Presidential nomination, virtually assuring the nomination will be to Mitt Romney. The remaining candidates, Ron Paul and Newt Gingrich appear to have no realistic chances.
These moves were the first serious interruption to the bull market, which had not encountered a serious decline since the election of November, 2016. Since general market moves have been one of the most reliable historic indicators of precious metals market moves, we take a close look at these developments.
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.
The Bawl Mill • Happy New Year 2021! • Ask The Experts - Does steep stream bedrock act like riffles? • Ask The Experts - Where do I register a mining claim in Nevada? • Ask The Experts - Are eskers good locations for gold? • Ask The Experts - Any tips for hunting down gold veins? • Our Readers Say • Dealing With Hot Rocks and Mineralization • Principles of Designing Your Mill Production System, Part I: Starting Up • Pay Attention to the Features and Landmarks • Gold Prospecting for Better or Worse: All Work and No Pay • Specialized Equipment Available for Hire • Which Coil Should I Use? • Northern Dynasty To Appeal Alaska Permit Rejection • Our Old Friend, Mr. Crashbox • Resolution Copper Project To Be Reviewed By Year-End • Melman on Gold & Silver