Original Sixteen to One Mine, Inc. - Forum Topic: "Miscellaneous"



	September 7, 2010 Tuesday

Forum
Topic:
Miscellaneous

By bluejay
09/03/2010 9:49PM

The following is a short exerpt from today's Casey's Dispatch:

And the mining industry added 8,000 jobs, as you would expect it to. All to the good, until the next round of legislation sends this and other “dirty” businesses back into retreat. (A major overhaul of the U.S. mining regulations was temporarily shelved because the Democrats were concerned it would hamper Nevada senator Harry Reid’s reelection chances. After the elections, expect it to resurface.)

By bluejay
09/01/2010 7:45PM

The following are some beginning exerpts by Vedran Vuk in today's Casey's Dispatch article, "Regulation to Nowhere:"

Regulation to Nowhere
By Vedran Vuk

China has some serious economic issues, but many are pointing to the wrong problems. A common culprit is the vast government spending that has created empty cities such as Ordos on the Mongolian border.

At first, the reckless spending on the empty city seems like the apex of government waste. But in a way, this isn’t so bad. In fact, it is a lesser evil as far as government expenditure goes. The United States has had similar projects on a smaller scale, such as the Alaskan bridge to nowhere.

Though many were outraged by the bridge, the spending could have been worse. Think about it this way. The bridge to nowhere would have cost nearly $250 million. The result would have been a redistribution of funds to a select few Alaskans and a useless bridge. Sure, it’s a waste. But suppose that instead, the government gave an additional $250 million to the Environmental Protection Agency or to the Internal Revenue Service to hire more employees.

With a bunch of new environmental busy-bodies to concoct and enforce regulations, we’d certainly be worse off. They would spend their time harassing and intimidating mines, power companies, and other productive industries. As a result, it would become more difficult to operate these important businesses. With more restrictions and obstacles, jobs are lost and costs increase.

By bluejay
09/01/2010 5:56PM

Rick

I thought you and others might have an interest in the following three part youtube interview of Stefan Molyneus by Max Keiser dealing with the reality of general aggression:

http://www.youtube.com/watch?v=cQbC-HrYqSk&feature=related

By bluejay
07/31/2010 12:37PM

Bob Chapman, of the "International Forecaster" states on July 29, 2010 that financial conditions in our State will continue to worsen until California eventually collapses. He also states that 1/3 of California residents are illegal aliens and that our representatives in Sacramento are a bunch of socialists.

By bluejay
07/30/2010 12:29PM

Senator Patricia Wiggins

Thank you for your news broadcast.

I am still awaiting your reaction to my assertion that the Central Water Board is acting inappropriately in attempting to bankrupt one of the companies that our family has an equity interest in.

I consider the Water Board to be running a rogue operation against part of our wealth just to support their salaries which are derived from fines and penalties just to support their very existence at our expense along with other shareholders of the Original Sixteen to One Mine of Alleghany, California.

The Original Sixteen to One Mine is an historical gold mining company which has been attacked before by the State. Once the State accused the company, it's president and mine manager of murder when a miner lost his life while not paying attention to his duties. A judge agreeing with me, dismissed the case that was brought about by one of its agents.

Never before has a mining company in this country been brought up on murder charges when a miner died in a mine. It is quite obvious to me that Pete Wilson, the acting governor at the time, was looking for labor votes at our company's expense.

The Water Board has submitted to the Attorney General a complaint against the company seeking $3,000,000.

I request an investigation into this matter and into the this rogue regulatory arm of the State.

Thank you, again

Stephen Wilson

By Dave I.
07/30/2010 1:29AM

They need to put the legislature in jail, together where the can devote much more dedicated time to this problem. Do not let them out till they come up with a plan.

By bluejay
07/29/2010 12:27PM

California - Fiscal Emergency Declared

http://www.bbc.co.uk/news/business-10802119

By bluejay
07/27/2010 2:55PM

What's a few billion dollars?

In The News Today
Posted: Jul 27 2010 By: Jim Sinclair Post Edited: July 27, 2010 at 5:19 pm

Filed under: In The News

Jim Sinclair’s Commentary

When you shrink wrap piles of money and air ship them to Afghanistan what the hell do you expect?

Big business is the result for all the connector airlines.

SIGIR: Defense can’t account for $8.7 billion
July 27, 2010 – 4:59am
Rachel Stevens

The Defense Department is unable to account for $8.7 billion of the $9.1 billion in Development Fund for Iraq monies in received for reconstruction in Iraq. This according to a study published today by the Special Inspector General for Iraq Reconstruction.

"This situation occurred because most DoD organizations receiving DFI (Development Fund for Iraq) funds did not establish the required Department of the Treasury accounts and no DoD organization was designated as the executive agent for managing the use of DFI funds," the report states.

The Special Inspector General for Iraq Reconstruction (SIGIR) finds that only one Defense organization actually set up the accounts required by the Treasury.

"The breakdown in controls left the funds vulnerable to inappropriate uses and undetected loss," SIGIR says.

The study recommends that the Secretary of Defense create new accounting and reporting procedures to avoid such mistakes in the future. It also recommends designating an executive agent to oversee progress, establishing measurable milestones, and determining whether any DoD organizations are still holding DFI funds.

By Rick
07/15/2010 6:32PM

Recently I've written here with what seems like a negative vibe. Bringing truth to everyone's attention isn't negative, but a chore. Now we move forward.

Up! (Or down, depending on the dip of the quartz.)

For everything, there is a time. As frequent writer here, with a heart as wide and deep as every raise and dip and heading in our beloved blessing of a mine, it's time to embrace and encourage, and no longer be on defense with things legal and negative.

Mike embodies this positive, and while he's been at the helm for us all in the never-ending political onslaught of endless CRAP, I know the true spirit he carries....the same as us all, mining this blessing!

Positive!

By bluejay
07/12/2010 8:31PM

#29) For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.

The link below is to cometgold.com for the entire list of 50 of the ugliest facts about the economy. originally viewed at jsmineset.com

http://www.cometgold.com/viewtopic.php?f=2&t=80&sid=71cf37f8290b1de8b59ebaff2727c0fa

By bluejay
07/11/2010 11:38AM

Rick

You are a valuable contributor to these Forum pages. It is quite apparent that you are well educated and know how to process your acquired knowledge.

By Rick
07/07/2010 6:41PM

The farce embodied by the Global Warming hoax, masquerading as environmental concern, and through yet another non-elected body politic, rendered the safe near-shore drilling and on-shore drilling a mennace to the globe (refer again to the word farce), and along the way subjecting and directing safe exploration and extraction methods to the unobtainable, all in the name of green.

Nope, can't drill close to shore, boys, might leak...

What an insult to our Earth, and any sound thinking for that matter....humans going around pretending that they are more powerful than that which blessed us all with this great wonder.

LJ, Bluejay is spot on.

Recall what has driven the rigs to deep water. (By the way, while you are at it, discover for yourself that many other nations are drilling in the same waters and are wise enough to see the hypocrisy put forth by this administration and its vote-immigration-fake-green-ajenda's actions.)

Just as Frank and Dodd created the housing melt-down through the mandate of un-substantiated loans to those without a means, so does the environmental movement with its fake global-hoax circus try to sway the heart-strings of the gullible willing to believe such crap.

This is a disaster. Where is the Bam administration trying to stem the tide of the problem? I see the intentional stalling, for the obvious political gain. Wake the eff up.

And, this is directly the same tactic used against this gold mine.

By lj
07/07/2010 3:21PM

Are you really trying to tell me that people were really yelling was "Drill baby drill" (in shallow water)? Next you're going to try to sell me a bridge.

By bluejay
07/06/2010 5:32PM

Contrary to the charade of TV news or newspaper reporting and the government, supposedly there to help us, one of the biggest cover-ups is now taking place concerning a possible threat to our lives. Toxic flamable organic chemicals are being released into the atmosphere from the British Petroleum's monstrous blowout. I guess we found out what can happen by drilling in mile deep waters for an additional 25,000 to 30,000 feet into the earth.

What we have in government today, as Gerald Celente has said, is a bunch high school wants-to-be's who got a degree in higher education that went on to Hollywood for acting lessons just to maintain their quad standing for continued power and some good money. What they all bypassed was the academy of common sense. Why drill in deep water when massive oil had already been discovered in the North Dakoda, South Dakota and the Montana areas? http://www.nextenergynews.com/news1/next-energy-news2.13s.html

What these fools may have done is to have opened up the gates of hell by allowing deep drilling in our adjacent water bodies. The air quality around the disaster is so dangerous that a captain of one of the support vessels recently shot himself. Dangerous levels of toxic emissions continue to spew into the air with no end in sight. These life threatening contaminants are about 600 times the safe levels for humans. Heaven help the people of the eastern United States if the remnants of a hurricane carries these toxic substances into their neck of the woods.

This adminstration will go down in history as being the worst EVER if there are any people around to read about it in the future. People are leaving the Gulf coastal areas in droves because they are getting sick. Forget about any EPA warnings to the people in these areas as no one in the adminstration or in Congress or in Senate have the balls to tell the truth. They just want to keep the status quo. What a miserable circus of incompetents. One of our short wishes should be to get rid of them all.

If you desire an education of what the air currents will probably be bringing you just search Pastor Linsey Williams, oil spell on the Internet.

The Bloomberg channel this morning is inferring once the relief well is established things could be under control. Nothing could be further from the truth. Why aren't they speaking of casing fractures or air quality or other bleeding areas as far away as 20 miles? Why?

Why aren't they quoting the Russian Minister of Natural Resources who is saying, this could be it.

The next bull market will be in Oregon and Washington real estate. These two states, outside of Hawaii, will be the destination of many families as the truth continues to seep out. The western coast of Canada looks equally appealing.

By bluejay
07/04/2010 9:44PM

A look at yesterday, today and tomorrow.

http://geraldcelentechannel.blogspot.com/2010/07/gerald-celente-politics-is-show.html

By bluejay
07/04/2010 8:54AM

Happy Independence Day.

The following story concerning the Gulf clean-up clearly depicts why big government must be significantly down sized. Too much power has been granted by us to too many politically greedy incompetents.

http://online.wsj.com/article/SB10001424052748703426004575339650877298556.html?mod=WSJ_hpp_sections_opinion

By bluejay
07/03/2010 10:11AM

A Steve Wynn commentary from May 29, 2010:

http://www.infowars.com/steve-wynn-takes-on-washington/

By bluejay
07/02/2010 1:56PM

Some years back, Mike relayed a story to me concerning the Comex. He said an acquasintance of his had attempted to submit a tender notice for 100 ounces of gold that he held via a contract with the Exchange.

Comex did everything they could to discourage the man from taking physical delivery. To my mind, the Comex continues to this day in running quasi bucket-shop operation.

Wikipedia defines a bucket shop:

Bucket shops specializing in stocks and commodity futures flourished in the United States from the 1870s until the 1920s.[5]. Edwin Lefèvre, who is believed to have been writing on behalf of Jesse Lauriston Livermore, describes the operations of bucket shops in the 1890s in detail[6]. In the United States, the traditional pseudo-brokerage bucket shops came under increasing legal assault in the early 1900s, and were effectively eliminated before the 1920s.[7] However, the term came to apply to other types of scams, some of which are still practiced. They were typically small store front operations that catered to the small investor, where speculators could bet on price fluctuations during market hours. However, no actual shares were bought or sold: all trading was between the bucket shop and its clients. The bucket shop made its profit from commissions, and also profited when share prices went against the client.

The terms of trade were different for each bucket shop, but bucket shops typically catered to customers who traded on thin margins, even as low as 1%. Most bucket shops refused to make margin calls, so that if the stock price fell even momentarily to the limit of the client's margin, the client would lose his entire investment

The highly leveraged use of margins theoretically gave the speculators equally large upside potential. However, if a bucket shop held a large position on a stock, it might sell the stock on the real stock exchange, causing the price on the ticker tape to momentarily move down enough to wipe out its client's margins, and the bucket shop could take 100% of their investments.[8]

The Comex clearly does not have physical gold to back up all sales. It is basically just a betting operation where the bettors recently have been stirred up with multi-dollar gold advances and declines.

Arnold Bock in his recent Kitco.com article, "Where's the Gold," does an excellent job in discussing where it is and most probably, where it isn't.

http://www.kitco.com/ind/Bock/jun292010.html

By bluejay
07/02/2010 12:11PM

As home prices remain in a bear market there are those out there that would have you think otherwise.

Who disagrees that house prices will continue to fall?

From Patrick.net:

http://patrick.net/housing/crash2.html

By bluejay
07/02/2010 10:21AM

Dow Jones Averages 9645.92 OFF 86.61

The stock market is either going to have a very short term summer rally or completely collapse from near current levels over a matter of a few months or so into the 6,000 to 7,000 area of the Dow Jones Averages.

If we get a short term rally, it would probably end prior to August setting up a decline in investment account values for the following 10 weeks.

The linked chart below shows the Dow Jones Industrial Averages for the last two years along with two moving average lines: the blue one a 1000 day average and a mustard colored one represents 500 days. If the yellowish 500 day average, currently at 9565, fails to hold DOW prices in here then this market could easily experience a sudden and sharp jolt turning into a monthly waterfall event that Martin Armstrong has already forecast based on market activity from the intraday collapse from May 6, 2010.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=indu&sid=0&o_symb=indu&freq=1&time=9

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