New Rules to Impact the Lease/Buy Decision
September 2014 by Mark E. BattersbyWhether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.
The so-called “Fiscal Cliff” tax package recently passed by Congress and signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses about $76 billion.
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
I hope long-term readers would agree that while your columnist does occasionally carry some arguments to an extreme length, I usually stay within the bounds of reason. I am pointing this out because I was struck by an economic vision a few days ago that could test those bounds.
While gold’s chart has recently confirmed its short-term negative trend, the intermediate trend remains neutral while gold’s long-term chart is beginning to show some positive indications.
• Is this a good time to invest in gold and silver?
The Nevada Historical Society's "This Was Nevada" Series
The Bawl Mill • Ask the Experts • Ask the Experts • Taking on the EPA, Sasquatch, Ratchilla and Gold Dredging • Gully Prospecting and Mining • Wilfley Tables—Repair, Rebuild & Set Up • Designing and Evaluating Placer Gold Recovery Plants • Finding Streams of Gold • This is Why You Check Your Tailings • Lode or Placer: What Difference Does It Make? • There's a First Time for Everyone • Appeals Court OKs Permits for Upper Peninsula Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices