Mining Stock Quotes & Mineral and Metal Prices
August 2011 by Staff
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.
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.
When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.
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.
The Bawl Mill • Our Readers Say • Legislative and Regulatory Update • Ask The Experts—Studies with summaries and conclusions please... • Ask The Experts—What's the cheapest way to mine quartz for gold? • Which Specific Gravity Test Works Best? • Critical Minerals: Gold • Jury: Gov't Rightfully Seized 1933 Gold Coins • So Where's The Gold? • Wyoming's Billion Dollar Nugget—The Trilogy Ends • When Legends Were Made and Fortunes Found • Exploring and Mining for Uranium • Melman on Gold & Silver