The Business of Mining: Unlimited Possibilities With LLCs
January 2011 by Mark E. BattersbyOnce 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.
I find it difficult to recall a period when the world has encountered so many simultaneous threats which “should” have driven gold and silver higher, and yet the precious metals markets—so far—have failed to rally to any significant extent.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
The Bawl Mill • Our Readers Say • Ask The Experts—Amalgamation • China Gold Imports Increased 500 Percent in 2010 • Tips for Effective Drywashing • Legislative and Regulatory Update • The Downieville Gold District • Rattler's Gold • Successful Gold Prospecting • US Mint to Offer Other Precious Metal Coins • Silver Boom Prompts Idaho Mine Expansion • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices