Mining Stock Quotes & Mineral and Metal Prices
June 2011 by Staff
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.
In all the years I have been writing this column (approaching 35) and in my writings elsewhere, I have to admit that I never foresaw the kind of immense changes that have been wrought during the past two months…
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.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
Several of the large banks are being investigated for illegal trading by the Department of Justice under the Trump administration, and some have already been indicted.
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
The Bawl Mill • Dredge Mining—Current Situation in Idaho • Fault Zones and Prospects • What Are Those Rocks In My Pan? • "Gold Rush: Alaska" in the Porcupine Mining District • Wyoming's Billion Dollar Nugget—The Trilogy Ends • Melman on Gold & Silver