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- in reply to: Miscellaneous #5342
The following was included in this morning’s International Forecaster:
TSA Let 25 Illegal Aliens Attend Flight School Owned by Illegal Alien
Discovery of the trouble at the flight school began when local police–not federal authorities–pulled over the owner of the school on a traffic violation and were able to determine that he was an illegal alien.
http://cnsnews.com/news/article/tsa-let-25-illegal-aliens-attend-flight-school-owned-illegal-alien
in reply to: Gold Enters Major Bull Market #5341The following link to an interview on King World News may shock you concerning gold:
in reply to: Miscellaneous #5338The banksters are a pack of whores
http://www.dailymail.co.uk/news/article-2175658/Former-boss-HSBC-warned-money-laundering-2005.html
in reply to: Miscellaneous #5337The banksters are a pack of whores
http://www.dailymail.co.uk/news/article-2175658/Former-boss-HSBC-warned-money-laundering-2005.html
in reply to: Gold Enters Major Bull Market #5340“One of the best ways to stagnate in the mining industry is to stop exploration”
Rob McEwen
in reply to: Gold Enters Major Bull Market #5339Check out the current editorial by Jim Sinclair at jsmineset.com concerning his fired up attitude relating to the out of control crooks in our industry depressing share prices and what he is doing about it and his challenge to us.
Below is a response to the article from a poster at the Canadian Agoracom.com website’s forum section:
posted on Jul 19, 12 07:22PM
Gold Industry CEO’s should and need to fight back and soon. Another view of the shenanigans!
“Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action Committee (GATA) told Bernie Lo on CNBC Asia that central banks are continuing to manipulate the gold market as they are interested in supporting government bonds and the dollar and keeping interest rates low While buying as much Gold as they can on any weakness.
Further evidence of rising interest in gold is seen in the fact that due to the increased flow of gold bullion into Switzerland, the most respected depository, Via Mat International, is currently adding capacity to their storage facility. Powell also warns about “paper gold” and says that we “try to persuade investors that if they are purchasing gold, they had better get real gold – the metal. They should not get “paper gold” nor keep it or real gold within the confides of banking system.”
He further asserts that “there are huge naked short positions in gold” and estimates that perhaps “75% to 80% of the gold that the world thinks it owns does not exist and is just a claim on a bullion bank that is underwritten basically by the British and American FED’s.”
Cheers, Mark
in reply to: Risk Management Strategies #5336The guys below offer worthy advice but my analysis yesterday (below) was offered for its historical perspective. Expect to see and hear gold mining promoters (most of whom are far from actual gold miners) tout exploration programs to attract people with little background in gold. The pace will increase over the next two or three years, maybe even four. The hucksters want a market for their accumulation, be it gold, gold futures or gold related stocks. The hysteria will be short lived and once distribution is accomplished, the decline will be swift.
The “toutsters” will repeat and raise many of the reasons for acquisition as they did before with questionable vigor: inflation, security, insecurity, and the expectation that their exploration protect will be bought out by a “major”. They will not report how long it will take to permit a mine and bring a prospect into production. They will broadcast meaningless drill results to suggest production at a profit. Beware!!!
Over hyping a gold mine in theory is no different than the hypes in high-technology, medicine, real estate, energy and health care. The players may be different but the marks have similar tendencies towards finances and investments. The upcoming gold drama will take different paths from the drama leading up to $850 per ounce years ago.
in reply to: Gold Enters Major Bull Market #5335(Kitco News) – The amount of new gold discovered has not kept up with the current pace of mine output, as the easy-to-reach gold deposits are being depleted, said a mining consultancy group on Tuesday.
From 1997-2011, there have been 99 discoveries of gold deposits containing at least 2 million ounces of the metal, totaling 743 million ounces of gold in reserves, resources and past production as of the end of 2011, said the Metals Economics Group in a research report.
“Assuming a 75% resource-conversion rate and a 90% recovery rate during production, these 99 discoveries could potentially replace only 56% of the estimated gold mined during the same period, if they are economical to mine,” they said in their report,
“Strategies for Gold Reserves Replacement: The Costs of Finding and Acquiring Gold.”
The challenge for producers is “not that there is no gold left, but that all the ‘easy’ gold has been found,” they said.The total amount of gold in reserves and resources at development-stage projects on a global scale roughly matches current mine production. “However, with increasing risk of political, regulatory, and tax instability in many resource-rich nations, declining grades, rising costs, and dramatically longer development times, the amount of gold available for production in the near term is likely far less than has been found,” they said.
in reply to: Miscellaneous #5334in reply to: Risk Management Strategies #5333It’s apparent the best time to acquire more shares or to begin new purchases is the lull between discoveries.
in reply to: Risk Management Strategies #5332I always urge everyone to read below first…
Considering the total drift and raise square footage already mined vs. quartz deposite worthy of gold, this is a live horse.
in reply to: Risk Management Strategies #5331California’s largest high-grade gold pockets were mined in the Alleghany Mining District according to the State Geology Bulletin 193. Eleven of the top 25 were mined on Sixteen to One patented mining claims. The spot price received today for those eleven pockets would be over four billion dollars ($4,114,950,000). The current spot price of the largest pocket, which was mined in the 1920’s, would increase our bank account by $154,814,400 or $11.55 per each outstanding share of Original Sixteen to One Mine, Inc.
There are no arguments against the fact that the Sixteen to One quartz and gold sells for a premium over spot. Twenty years of sales records are proof! If only 50% of that largest pocket qualified as jewelry slabs or specimens, revenue from that single pocket would be $222,546,500 or $16.61 per share.
Most geologists, historians and men that have actually worked in our mines reckon that the biggest pocket deposited within our mining claims remains to be found. To find and mine this pocket is our mission. (NOTE: the 10,000 ounce pocket we mined in mid-1990 would become number eleven if the State of California updated the list.)
Many times people have asked me why I stick to this dead horse of a mine, industry or occupation. The above mathematics is a partial reason. I believe we will find that pocket. Do you?
in reply to: Ideal Time for Facts #5328The article below was written by Jim Willie.
in reply to: Ideal Time for Facts #5327LIBOR LAWSUITS
The attorneys and aggrieved victims are lined up, as perhaps over 900 thousand lawsuits will come. That is how many adjustable rate mortgages were arranged from 2005 to 2009, with underwriting banks serving the complaints. The army of US legal beagles is on the job. The lost income to the victims is obvious. The lawsuits will eventually target the central banks. The fraud reaches into the $trillions easily, when all the derivatives are factored in. Think many $trillions in volume times small percentages skimmed illegally. The mainstream press carefully avoids such topics. Do a GOOGLE search of “municipal lawsuits LIBOR” to produce 21.1 million hits. This story will be gathering momentum for several months, and be in the headlines a year from now.
in reply to: Ideal Time for Facts #5326If we were to walk into a bank with intentions of stealing money and walked away with it the punishment would be jail time. Now the bankers can steal money by manipulating the Libor rate and just pay fines for their crimes and walk away?
In this morning’s NY Times article, “U.S. builds criminal cases over price fixing,” it states that civil and criminal actions “COULD” cost the banking industry tens of billions of dollars. Is anyone going to figure out how much all this stealing by the banks amounted to?
Since this is probably the biggest heist the banks have collectively pulled off in history one would think jail time for the individuals involved is fitting.
It seems the Justice Department has had an on-going investigation into Global rate fixing, looking closely into the dealings of more than 10 big banks in the U.S. and abroad. All will be forgotten soon as this type of drama repeats itself with the banksters, basically, always receiving the get out of jail card while the other law abiding players seem to always get nailed for their illegal reckless behavior.
The day will come when, as a result of a crisis, you will not be able to get your money on deposit with them. This is why they don’t control my destiny.
in reply to: Miscellaneous #5330Hey Congress….
Let me re-phrase that….when was the last time a new law undid a previous law and promoted FREDDOM????
Never.
STOP PASSING LAWS every friggin day.
geez already
in reply to: Miscellaneous #5329Congress:
Consider FREEDOM please, as you litigate us US into a corner. What’s wrong with you???? Read below please, and stop passing new laws every friggin day.
Why are yesterday’s “legislative achievements” constantly being considered in need of new legislation? ANY law, by definition, is a new restriction on something, the last time any critical thinker looked.
When was the last time a law was passed that undid a freedom? Hmmmm….????
Never.
STOP PASSING LAWS. Enough already.
Geez….
in reply to: Ideal Time for Facts #5325Check out the most current story at http://www.jsmineset.com concerning no real collateral in the banking system but just debt and more debt. The interview with Maxx Keiser is quite enlightening.
in reply to: Ideal Time for Facts #5324The big banks are scum-bags.
http://www.sfgate.com/opinion/reich/article/Wall-Street-sleaze-keeps-growing-3705814.php
in reply to: Miscellaneous #5322From marketwatch.com
FAT-FINGER 29
Americans will work more than 6 months to pay cost of gov’t in 2012
This year, Americans have to work until July 15 to pay for the burden of government, more than six months.
In a new report, Americans for Tax Reform (ATR) has calculated that Americans will spend a total of 197 days toiling to pay for the cost of government.
“Cost of Government Day is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal, state and local levels,” reads the report.
… />http://www.whptv.com/news/local/story/Americans-will-work-more-than-6-months-to-pay/ctEuGqewf0OlmoNZbn5Ksw.cspx less
in reply to: Miscellaneous #5321Good News
The Company’s shares(OSTO) in the NY OTC market have in the past few days traded at a 52 week high of $0.375.
A 5 year chart is linked below which clearly demonstrates that the shares are in a new uptrend.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=osto&insttype=&freq=2&show=&time=12
in reply to: Ideal Time for Facts #5320Here’s something positive: If Reed and the boys come up with 5000 ounces of gold it will mean at least $6 million plus the gem quality factor which would multiply that number.
It’s absolutely amazing how little acknowledgement the uninformed public places on our Company’s prospects with all of our proven gold properties. Our fortunes are just around the corner and may come any day now, when least expected. It’s just a matter of time and WE ARE DUE!
The largest high grade pocket ever found in California was pulled out of the 16-1 and was worth about $134 million at today’s price.
IT’S JUST A MATTER OF TIME
in reply to: Ideal Time for Facts #5323YES!! It will happen!
in reply to: Miscellaneous #5318re your post from 7/6
There was another company whose customers got Corzined. Peregrine Financial Group out of Iowa. Segregated account funds missing, owner attempts suicide.
in reply to: Miscellaneous #5317From http://www.northern-california-vacations.com
“If you were wondering (like we were) how the Sixteen to One mine got its name, the term refers to the arbitrary ratio of the number of ounces of silver equal in value to one ounce of gold in the bi-metallic monetary system established by Portugal in 1688 and adopted by the U.S. in 1792.”
in reply to: Ideal Time for Facts #5316Increasing unproductive government hiring, more controlling rules and regulations, courts not protecting the Constitution, increased taxation in proping up a degrading power base and no more Rule of Law, it’s all in the linked article below by Martin Armstrong:
http://www.martinarmstrong.org/files/Why%20Property%20Taxes%20Will%20Soar%2007-09-2012.pdf
in reply to: Ideal Time for Facts #5319Everyone! (Big Al, Bluejay and of course Scoop)
It’s time to turn our heads, our focus, from negative to Positive, REGARDLESS of our adversity!
We do this in our personal lives, every day. We wake up knowing that we are in command of our own destiny. Right?!!!
We KNOW that success isn’t defined by what others suggest….nor by what others throw down in front of us.
IT IS TIME to direct our energy to the positive, inevitable, right-in-front-of us success.
Can you see it, RIGHT THERE?? It is.
in reply to: Miscellaneous #5314Permitting the big banks to hold your money instills the continuing crime against you. In no time in history does it make more common sense to be in gold as opposed to being a participant in a lawless financial system.
in reply to: Miscellaneous #5312A significant paragraph from the below story:
The Fascist Business Model practices brought the nation the Too Big To Fail rationale that permitted insolvency and corruption from syndicate strongholds. Worse, the practiced model has brought the United States as a nation to the doorstep of systemic failure. The ripening LIBOR scandal is an extension of the MFGlobal theft and a close cousin to the deep JPMorgan losses. The entire US and London financial structure is collapsing. Instead of perceiving the European sovereign bond problem as having a related plague in the US and UK, the arrogant bankers preferred to conduct business as usual with IRSwap props of the fake USTBond tower. They preferred to rig the LIBOR channel that feeds the derivative pool, which include the all-important IRSwaps for maintaining the 0% artificial world. They preferred to point to the United States as different. It is not different. It is rotten from the inside due to 0%, whereas Southern Europe is rotten from the outside, manifested by the 7% alarm level.
in reply to: Miscellaneous #5311Exposure of banker corruption
http://www.silverdoctors.com/jim-willie-exposure-of-banker-corruption/
in reply to: Miscellaneous #5310Check out the link at the bottom for an editorial close look at our current day big bankers and their predecessors from Martin Armstrong
A profound quote from the article:
“Banks are no longer satisified being banks – they have to play with other people’s money and to ensure they do not lose, they have to rig the game.”
The 2007 to 2009 economic down turn would have never happened if Clinton had never repealed the Glass Steagall Act with the 1999 Gramm-Beach-Bliley Act. Oddly, it was called the Financial Services Modernization Act. Within the linked story there is a picture of Clinton signing the Act. Surrounding him are a pack of fiancial hawks preparing to prey on the people for lust of power and money, how pathetic.
http://www.martinarmstrong.org/files/Banks%20Manipulating%20Interest%20Rates/index.htm
in reply to: Miscellaneous #5309Move to audit the Fed
in reply to: Gold Enters Major Bull Market #5308Gold $1621.90 UP $25.00
Silver $28.30 UP $ 0.78For the past few months gold has been etching out a possible short term bottom in the $1530 to $1540 zone. With a last of $1621.90 the metal has vaulted past its 50 day moving average line on the chart at $1601.66, this is all positive. The best case scenario for a possible short term directional change higher would be for gold to stay above the $1600 mark.
in reply to: Miscellaneous #5307July 4th is upon us marking the 236th year anniversary following the signing of the Declaration of Independence from England.
Years later the people of the land find themselves being dictated to once again through increasing taxation and regulation.
Our Founding Fathers made every attempt to protect future generations from injustice. One of them, James Madison, sounded some words of warning for future conuntrymen concerning government when he made the following statement:
“There are more instances of the abridgment of the freedom of the people by gradual and silent encroachments than by violent and sudden surpations.”
Hiring an additional 16,000 IRS agents to insure that everyone must have insurance as was mandated by the 5-4 Supreme Court ruling of Obamacare makes one wonder, will this form of another additional tax ever stop? How can someone be taxed for doing nothing? Will they be sent to jail by the IRS for doing? nothing?
in reply to: Miscellaneous #5305check with your tax pro. I last
understood that the premuims you
pay for health insurance are deductible but this tax may not
be if it is ultimately ruled to
be a penalty.in reply to: Miscellaneous #5304Sense the Supreme Court states that the penalty is a tax for not buying health insurance, the forcing all to have some kind of health insurance. would that not mean that all health insurance costs would be considered a tax.
If so, would we be able to deduct the cost of health insurance from our taxable income?in reply to: Miscellaneous #5306Back at you, Rick for a topic of mirth. I have a moment to spend:
As I go deep in darkness
With each step into the mine,
I am excited. Each time, at some time
underground, awe overtakes me.
It could be because of the beauty.
It could be due to combining fear
And respect. Sometimes it is
Gratitude…deep gratitude
And closer to the light.in reply to: Miscellaneous #5303An Empire in Decline
in reply to: Miscellaneous #5302From Satutday’s International Forecaster
“Let me see if I have this right: We are now “gifted” with a healthcare plan we are forced to buy and fined if we don’t, which purportedly covers at least 10 million more people, without any new doctors but provisions for 16000 new IRS agents, written by a committee whose chair says he doesn’t understand it, passed by a Congress that didn’t read it (but exempted themselves from it) signed by a president who smokes, with funding administered by a treasury chief who didn’t pay his taxes, for which we’ll be taxed for four years before benefits take effect, by a congress that has bankrupted social security and Medicare, all overseen by an obese surgeon general and financed by a country already trillions in debt? What could possibly go wrong??????”
in reply to: Miscellaneous #5301http://www.mountainstateslegal.org/legal_cases.cfm?legalcaseid=205 Mike, if your not familiar with this forum check it out, this case is over water having to be more pure than the streams in the area. Big Al
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