Trade-Ins, Swaps and Like-Kind Exchanges
February 2017 by Mark E. BattersbyWhile most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
Every so often, deadlines are a real pain in the neck! That is truly the case this month as we must complete these musings prior to the Vice Presidential debates as well as the last two Obama-Romney encounters.
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
Anyone seeking evidence that the standard leftist/socialist dogma may not work well need look no further than two western hemisphere governments, Venezuela and Puerto Rico, as both are now being wracked by financial and social upheavals.
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.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: Looking for help on unproven claim • Calcite and Limestone • Detecting Basics: Lose the Bad Habits Not the Gold • Feather River Gold • Detecting Alluvial Bench Deposits • Underground Mining: Getting the Ore Out • From Vietnam to Wedding Bands • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices