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...
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
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