Money & Markets
The Business of Mining: Unlimited Possibilities With LLCs
January 2011 by Mark E. Battersby
Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.Melman on Gold & Silver
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
Melman on Gold & Silver
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.
Turning Hobby Mining into Business Mining
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
Melman on Gold & Silver
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
Writing It All Off After The Tax Cuts and Jobs Act
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.
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