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- in reply to: Ideal Time for Facts #5218
That is one the remarks of wisdom to reality that I have had the pleasure of reading. We need Government to get out of the way.
in reply to: Gold Enters Major Bull Market #5215US Gold Production Slips 7% In January – USGS
19 April 2012, 12:46 p.m.
By Kitco News
http://www.kitco.com/U.S. mines produced 20,200 kilograms of gold in January, a 7% drop versus revised December output, said the U.S. Geological Service on Thursday.
December output was revised to 21,700 kilograms, down from the previous estimate of 22,000.
The average daily gold output for U.S. mines was 650 kilograms in January, down from 700 kilograms per day in December and the average daily output of 652 kilograms for all of 2011. December daily production was revised down from the previous estimate of 711 kilograms and the average daily output of 656 kilograms was revised lower.
Total yearly output was revised to 238,000 kilograms, from 239,000 kilograms estimated last month.
in reply to: Ideal Time for Facts #5214In a 10/2/11 interview with Jim Puplava, Martin Armstrong said the following concerning lawmakers:
Martin: Well unfortunately they’re not economists. Most of them are not even business people. Most of them tend to be probably the dominant profession of lawyers. And they have this attitude that they can pass a law and everybody has to comply. But that is not the case. You can pass a law and say 65 miles an hour and nobody can go above that. I mean, we are always looking at more and more regulation, and the problem is that we had this economic decline and then the natural response from someone is to say it wasn’t regulated enough.
We had more than ten agencies regulating the CDSs that collapsed. Not a single one did anything to prevent a central crisis in this country. We keep adding layers and layers and layers of regulation, but they simply do not work. I mean the SEC has not prevented one economic recession, one economic decline. We have too many agencies and that is the problem of why they created Homeland Security because they admitted that a lot of these agencies had information on 9/11. Even the people who were from the first attack on the world trade center had drew the world trade center on the walls of their jail cells with planes going into it a year before. They took pictures all kinds of stuff, but nobody does anything.
You have too many agencies and so they create Homeland Security supposedly to sit on top of all these agencies to get the information, and we are just so over regulated. I mean, just have one agency to do this. Why do we need so many different ones and they all contradict each other and then they compete and won’t share information. So we seem to defeat everything we do, but the answer is always to not improve what we have, but always add another agency until the point we have so many people running around, it is crazy.
in reply to: Miscellaneous #5213The following short linked video clearly spells out how the European leaders are becoming quite emboldened from their continuing failures that they are now legally excluding themselves from taking any responsinility for their misguided and awful decisions.
in reply to: Gold Enters Major Bull Market #5212Bluejay, thanks for the Armstrong link! My thought in posting this was the possibility of the Sixteen to obtain foreign investment, especially from the Japanese. I lived in Hawaii for 10 years, and still own property there. Because the Japanese love to visit Hawaii they are Very Heavy investors in HI real estate, especially in Top Tier hotels/resorts. Now that those are all bought and there is little new construction planned, this might be the time to attract Japanese investment into gold and specifically into the Sixteen-to-One.
in reply to: Gold Enters Major Bull Market #5211REAP
Martin Armstrong is probably the expert on following and predicting international capital flows. I’m sure you can go to http://www.martin Armstrong.org and locate a report where he speaks in detail concerning this.
In past years, I gained a currency advantage that you speak of when I was involved with Canadian mining companies during which time the Canadian dollar advanced against our currency. I just can’t get into buying gold in foreign currencies because I prefer to keep part of our wealth in the physical.
Yes, you hit the nail on the head by commenting on maximizing possible profits in gold or holding losses to a minimum in being in the correct currency.
in reply to: Ideal Time for Facts #5206Mike, in my very humble opinion you did the right thing with SMARA. Continued litigation, especially with the government, is a heavy pall that can prevent forward progress. I expect to learn a lot more about SMARA in May. Looking forward to meeting you, Ron
in reply to: Ideal Time for Facts #5209September 12, 2005….date when I initiated this topic…when the CDAA was riding rough-shod over the mine with criminal intent.
Corruption doesn’t change course, does it?
Most instructive to recognize, throughout this battle against obstructionist non-elected, imbedded, corrupt and criminal regulators is the stark reality that the former CDAA rep is holding an active position in the EPA.
Where is the integrity of the California AG? Or the former, now Gov, AG???
Hey Jerry, do some home-work to realize what crap you’ve decided to ignore. Your reputation and integrity is at stake….
Summary: politically appointed adjenda-driven regulators will never be held accountable for criminal actions when the head of the snake doesn’t look back into the crap in its intestines.
in reply to: Gold Enters Major Bull Market #5208Jim Sinclair comments in a recent King World News interview:
On the heels of the Fed members commenting publicly, legendary trader and investor, Jim Sinclair, told King World News that even though we have already seen $17 trillion of money printing, we should expect another $17 trillion going forward. KWN also asked Sinclair how he knew, from the beginning, that there would be ‘QE to infinity,’ before anyone else. But first, here is what Sinclair had to say about the action in gold: “$1,650 is a comfortable number (for central planners). Haven’t you seen the tremendous jawboning and market intervention to hold gold in that range at $1,650? $1,764 and they lose control. That begins the move which is exponential.”
Jim Sinclair continues:
“It’s a formidable challenge (keeping gold below $1,800). The true range of gold is $1,700 to $2,111, but these guys are going to try to fight it like nobody’s business. Do you think for a moment they are not listening to you and I speaking right now? Forget it, Eric, we are the morning ‘Squawk Box’ tomorrow.
Now comes the payback. The hope and desire that things would improve is ignorant because of the fact that the trillions which have come in have been to save the financial organizations, not Main Street….
in reply to: Gold Enters Major Bull Market #5207Vietnamese sociologist; “Empires may fall, currencies may change … gold will always survive.”
in reply to: Ideal Time for Facts #5205You have an obligation out of respect to thoroughly read and digest the gift that our founding father bestowed upon us, the people in our Constitution. The following article by Martin Armstrong is one of the best works I have ever read concerning the people’s rights that have been slighted by some of the “high priest” judges that have been appointed to the Court in the past along with the Congress of mostly lawyers who have done no better.
http://www.martinarmstrong.org/files/Is%20Paper%20Money%20Legal/index.htm
in reply to: Miscellaneous #5204Richard Russell recently made these comments:
“If the government does not supply any additional stimulus, but it does supply additional massive QE’s, this will be a long, drawn-out situation, probably not becoming toxic until the years 2015 to 2017. This period will ultimately see pressure on the dollar with an accompanying collapse of stocks and bonds.
Start by buying top-grade dividend-paying stocks — and gold on dips or corrections, and hold your gold. This era will see the catastrophic collapse of all fiat money. Gold should skyrocket. Get ready for crime and violence.
If the government does provide a large round of stimulus … (we) will see the end of fiat money and probably a new monetary system and a new governmental system. Europe and Asia will both go through chaos. Immigration to the US will be huge.
in reply to: Gold Enters Major Bull Market #5202Here’s some good news that could push the price of gold much higher.
Hybrid copper-gold nanoparticles convert CO2
Copper — the stuff of pennies and tea kettles — is also one of the few metals that can turn carbon dioxide into hydrocarbon fuels with relatively little energy. When fashioned into an electrode and stimulated with voltage, copper acts as a strong catalyst, setting off an electrochemical reaction with carbon dioxide that reduces the greenhouse gas to methane or methanol
Now researchers at MIT have come up with a solution that may further reduce the energy needed for copper to convert carbon dioxide, while also making the metal much more stable. The group has engineered tiny nanoparticles of copper mixed with gold, which is resistant to corrosion and oxidation. The researchers observed that just a touch of gold makes copper much more stable. In experiments, they coated electrodes with the hybrid nanoparticles and found that much less energy was needed for these engineered nanoparticles to react with carbon dioxide, compared to nanoparticles of pure copper.
The link to the full article is:
http://web.mit.edu/newsoffice/2012/hybrid-copper-gold-nanoparticles-convert-co2.htmlin reply to: Ideal Time for Facts #5203April 11, 2012. Realizing it is better to bend than break, the Company signed a stipulated agreement from the Department of Conservation to end litigation seeking damages for alleged violations of California’s Surface Mining and Reclamation Act (SMARA). When asked why he signed, President Miller said that a lean compromise is better than a fat lawsuit and quoted the great American statesman, Samuel Johnson, “Life cannot subsist in society but by reciprocal concessions”. See entry below on 9-20-11 for more information about SMARA.
in reply to: Miscellaneous #5201Is California next in line?
Surprise! You owe another $54 billion
A new report forces the question: How could Illinois pols do this to taxpayers
April 8, 2012“Previous legislators and previous governors even awarded taxpayer funded health insurance benefits to themselves and 82,000 retirees, where 90 percent of them pay nothing on their insurance premiums. This lack of fiscal accountability has cost us dearly today.”
—Gov. Pat Quinn, Feb. 22, 2012“All told, state government is on pace to spend nearly $1 billion on retiree health care benefits in fiscal year 2013, more than double what it spent in 2003. Worse yet, these liabilities are growing more than twice as fast as tax revenues.”
—Illinois Policy Institute, April 9, 2012The state of Illinois admits to $83 billion in pension underfunding, a staggering weight on today’s and tomorrow’s taxpayers. Add to that the as yet uncalculated billions in unfunded pension obligations for city, county and other local governments. During a Tribune forum Wednesday, Mayor Rahm Emanuel explained how that overhang — some estimates run far higher — deters businesses from locating in Chicago: Companies don’t want to buy shares in a phenomenal tax burden that will unfold over decades.
in reply to: Miscellaneous #5200in reply to: CDAA Conduct #5199A shareholder called about a recent TV show on 60 Minutes about a man incarcerated for years for a crime he did not commit. He went to jail for beating his wife to death. Reasons exist suggesting the prosecutor committed wrongdoing by concealing evidence of the man’s innocence from the defense. It is an outrage because this is not an isolated case. In this case the real criminal got great publicity plus later wining an election for judge (where he now sits).
This shareholder knows what happened to his gold mining company when a private lawyer named Gale Filter promoted a campaign to charge others as criminals in accidental deaths in California. He knows the terrible impacts to many because of the criminal behavior of a member of the California State Bar. He knows that a strong case was presented in the courts to punish Gale Filter, strong enough to withstand a monstrous attack by Filter’s attorney to get a pass from his criminal act.
This shareholder asked me to post this reminder: California now employs an attorney in a high position who others alleged is a criminal; whose judgment influences every person in the State; whose decisions affect the majority of businesses operating in California. This shareholder cannot understand the mentality within the judicial system and other government operations that would allow Gale Filter to avoid accountability and move into a powerful position where his behavior affects us all. Will he hold back evidence to assuage something that contradicts his personal feelings?
So here is the comment I made on line to MEDILL, Northwestern University, Innocence Project, whose goal is: IN PURSUIT OF THE TRUTH. Topic is 60 Minutes: Life After Prison, Morton Reunited With Family.
“What can I do to stop a California former district attorney who willfully and knowingly presented false evidence to a county grand jury as well as withheld exculpatory evidence to get a grand jury criminal indictment? He was not censured but now is employed in a powerful state government job where he can continue his unlawful practice. The grand jury transcript proves these allegations. California has a criminal code section that makes the withholding of exculpatory evidence a felony. Where can I see other comments?”
If you think our life’s values are lost and beyond finding, think again. Help find a way to make Gale Filter, a member of the California State Bar, an employee of the State of California and a violator of the law accountable. It’s time to do this. Prevention of judicial abuses is much more important than correcting their outcomes. Readers here and people throughout our great nation know of many problems facing social America today. Think solutions! This is a problem we can dispose of which should prevent future behavioral problems as well as instilling other in the courts to behave lawfully. Ideas welcomed.
Oh, where did Gale go to work after getting busted from the California District Attorney Association? Hired by California Environmental Protection Agency, as Deputy Director, Office of Enforcement and Emergency. What are his duties? “Overseeing the four primary elements of the enforcement program: statewide compliance, task force support, criminal investigation, support staff”. Gale Filter serves as “the principal enforcement advisor to senior management on policy and program issues.” He should be serving some time in jail.
in reply to: Miscellaneous #5198“Big government California lusts after increased tax revenues to continue its unquenchable appetite (addiction?) to redistribute wealth by confiscating it from groups that create jobs and contributes to society and giving it away to those who contribute nothing…”
DirtClod Sac Bee website 6/30/11
in reply to: Gold Enters Major Bull Market #5197Fact Versus Fiction
Jim Sinclair lays it all out for us concerning gold:
[audio src="http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/4/3_Jim_Sinclair_files/Jim%20Sinclair%204%3A3%3A2012.mp3" /]
in reply to: Miscellaneous #5196“It’s just one big party down in DC.”
Martin Armstrong
http://www.safehaven.com/article/24880/martin-armstrong-on-the-sovereign-debt-crisis
in reply to: Miscellaneous #5195State pensions may be susceptible to reality during bankruptcy. A family member cashed out of Calpers in January of 1999 and went into gold and gold related issues. To me, that was a no brainer.
in reply to: From the Sixteen to One Archives #5194The article below surprised me. Hope you find this bit of history interesting. Our Company purchased the Plumbago, which is a small Sixteen to One mine, not as many miles of working but an impressive production record. In 1937 three years had passed after the federal government took over the gold mining production industry. The long standing $20.67 price per ounce of gold increased to $35. The catch was that Americans were not allowed to own gold so the government bought the yellow metal. I was aware that the price increase also increased activity but a 50 man crew at the Plumbago is an admirable number.
STRIKE REPORTED AT PLUMBAGO MINE
Mine operated by Official of Hudson Motor Company
A gold strike of undetermined extent is reported, under good authority, to have been made recently at the Plumbago Mine in the Alleghany district. It is reported that the operators have been working on the present ore body for the last month. This property is one of the old producers of the district that is being reopened by the newly awakened interest in the industry and resultant influx of capital into Sierra County. A high official of the Hudson Motor Car Company is reported to be the active head of the financing structure behind the Plumbago operation. There is a 20-stamp mill and auxiliary equipment on the property but it is reported that only ten percent of the stamps are in service at the present. Nearly 50 men are reported to be employed at the Plumbago at the present time. During the past winter the mine employees were kept busy packing supplies in on their backs in order that the mine could continue to operate without interruption and in this management was successful, even during the worst of the severe weather.
The Mountain Messenger – Saturday, March 20, 1937
in reply to: Miscellaneous #5193The IMF, the World Bank and the Bank for International Settlements may never be the same again.
Brics Nations eye joint bank setup to rival western-run money monster.
in reply to: Miscellaneous #5192SUTTER GOLD MINING RECEIVES MILL BUILDING PERMIT ON THE LINCOLN PROJECT, CALIFORNIA
Sutter Gold Mining Inc. has received the building permit to construct the new mill complex at its Lincoln mine project in the heart of California’s Mother Lode gold belt. The Amador County Building Department issued the key permit on March 1, 2012.
“This is a critical milestone for our company,” said Dr. Leanne Baker, president and chief executive officer of Sutter. “Our site is completely winterized, our mine safety and health administration training program is in place, and we intend to begin excavation work for the foundation in the next several weeks. As the mill foundation/building construction proceeds through the summer and fall of 2012, we plan to work concurrently to prepare and develop the underground stopes for mining.” Sutter’s Lincoln project, upon completion, will represent the first commercial underground gold mining operation on the historic Mother Lode in more than 50 years.
in reply to: How to Approach Thin Veins & Cost #5191EXPLORATION
The definitions of a word used in the general population and the same word used with miners sometimes differ. Exploration seems to work for both efforts to describe an activity…to explore. In miners talk, exploration aims at locating the presence of economic deposits and establishes their nature, shape and grade. Preliminary exploratory work in our mine takes place along the strike and dip. This is done by making drives, raises and inclines. These openings follow the deposit both in strike and dip. They are designed in such a way so as to make it possible to use them for mining purposes should the exploration turn out favorably.
In picking a spot to begin exploration we use good old fashion geology. Our reports and maps plus history and experiences are invaluable. So is a metal detector; however the range of detection for detectors is just a couple of feet. The current detectors used underground are off-the-shelf varieties. They have dramatically changed our methods and sometimes a gold discovery leads to a target. An increase in depth will aid exploration with results similar to those during 1992-96. We found a lot of gold overlooked by our mining ancestors. In no manner do I criticize their tremendous underground abilities. Both the engineers and geologists and the grunt rock breakers, muckers and other supporters did an amazing job in exploration, development and production. Few, if any gold mines in California maintained a more favorable dividend payment record to its shareholders than the Sixteen to One. I talked with shareholders years ago who counted on their dividend payment throughout the 1930’s depression. Their heirs still own the stock.
New technology has not come to Alleghany since the efforts during 1995 -97 by third parties plus some work we also instigated.. Much has changed since then and I look ahead to the day when the depth of detection increases from the current level. Exploration will identify those favorable spots and off go the drillers, muckers and other supporting crew. This deposit has over 35 miles of exposed vein to explore. It also has more than three times of undeveloped quartz that has never seen the light of a miners cap or felt the power of a miners drill.
With this background I am excited to tell all of our internet friends that we started an exploration program today. It is designed to explore the strike and dip of the vein as well as be useful should we find a gold target. It is refreshing to have this small opportunity to explore rather than maintain the mine for a future exploration program.
in reply to: Miscellaneous #5190Check out this wonderfully done video concerning your money and freedom.
in reply to: Miscellaneous #5189Thanks, Martin
in reply to: Miscellaneous #5188I have been told that the first
use of the”Injunction”ever, dealt
with debris from “Hydraulic” Mines
It was Woodruff v. North Bloom-
field. I believe it may have gone
all the way to the Supreme Court.in reply to: Miscellaneous #5187I think that the Pafific Legal
Foundation attys in Sacramento
should be consulted regarding the
challenges faced by Origsix.in reply to: Miscellaneous #5182I heard this morning over the
Bob Sims outdoor show that in the
Lassen Nat. Park/Forest water-
monitoring is being required of
the U.S. Forest Service but they
dragging their “feet” and doing
nothing to comply with the Water
Board requirement and they are of
course not being sued/fine like
the Origsix.in reply to: Miscellaneous #5181Yes, I know of some people who
are already considering such a
move against TRPA, tahoe Regional
Planning Agency on similar issues.in reply to: Miscellaneous #5180Yes, I know of some people who
are already considering such a
move against TRPA, tahoe Regional
Planning Agency on similar issues.in reply to: Miscellaneous #5185in reply to: Miscellaneous #5184From jsmineset.com:
“Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it.”
–Mark Twain
in reply to: Miscellaneous #5179It sounds like Mr. Marshall is in contempt of the court ordered resolution.
in reply to: Miscellaneous #5178I think that some thing might help the mine would be a review of the geological survey and probability of reserves by a Qualified person, Geologist, in accordance to NI 43-101. This then would reduce any preceived risk for investors.
in reply to: Miscellaneous #5177Please be specific about who is dangerous.
in reply to: Miscellaneous #5183Their oath is to defend the Constitution and the Bill of Rights, not some appointed agency holding a bogus book of rules and regulations.
Listen to Sheriff Richard Mack of Arizona generally spell it out.
in reply to: Miscellaneous #5175A landmark decision yesterday from the US Supreme Court spells hope for private sector survival against thug-boot out-of-control government cronies.
The Pacific Legal Foundation, in gratis, represented a family, Sackett, against the EPA’s assertions, fines, decrees and complete fraud that without an avenue to defend against them, the Sacketts would owe hundreds of thousands of dollars for encroaching upon their own property…yes, due to a winter-time puddle that the EPA suggested (without any study) was a “wetland.”
Up steps the Pacific Legal Foundation, who for the last five years fought on behalf of the Sacketts’ Constitutional right to defend themselves in court.
Sound familiar???
The five year legal journey took them through appeals, eventually through the Ninth Circus Court…who naturally sided with the EPA.
Yet, the Pacific Legal Foundation fought on, and the US Supreme Court agreed to hear their case: in a 9-0 ruling (!) the Sacketts have been granted their Constitutional right to defend against non-elected self-regulated out-of-control government regulation.
We recognize the Original Sixteen to One Mine is fighting a similar battle. This decision has parallel and far-reaching potential toward putting the current legal issues behind us. Depsite the differences in the subject of the cases(EPA vs private property non-wetland; CA Water Board’s assault vs Original Sixteen to One’s survival), the link is stark: non-elected government authority does NOT have the authority to simply levy fines and decrees against private entities without their ability to fight back, without their Constitutional right to defend in court against whatever allegations are pushed down our throats.
I strongly suggest everyone google “Pacific Legal Foundation Sackett” and read for yourselves.
I also strongly suggest that our mine contact the Pacific Legal Foundation for any possible help….although I suspect Mike’s already on it.
in reply to: Gold Enters Major Bull Market #5174Gold $1647.50 UP $2.60
Silver $31.53 OFF $0.06
XAU Index 174.26 OFF 3.53
HUI Index 465.34 OFF 9.34
US dollar Index 79.74 UP 0.08Gold since the February 13th alert has softened as expected. The 1640 to 1650 area on its chart continues to offer support. If this level gives way the declining consolidation period from above the $1900 highs will continue. The downside exposure below looks to be at about the 1500 area. If 1500 level breaks the metal could retreat a few hundred points or so. Not that these levels will be reached during the current bull market or not but these are possibilities.
Gold is stronger than silver and silver’s next stop could be in the 26-27 zone.
The gold indexes look anemic in here. The XAU has its next support in the 170 area with the HUI expecting help at the about 440.
The dollar looks to be emerging to higher levels with some professionals looking for the 82 level to restrain it from advancing farther.
It is important to understand that the gold price is being orchestrated lower by the western handlers of a decaying monetary system from their towers of power which will prove to be futile in time. The lower gold goes in value the better of a purchase it will be for the fearless.
China continues to quietly accumulate the metal during this unknown period of softness.
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