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



	October 25, 2021 Monday

Forum
Topic:
Miscellaneous

By bluejay
05/27/2012 5:36PM

Squeezing the people continues:

http://www.martinarmstrong.org/files/ComingToTakeYourMoneyAway/index.htm

By Rick
05/26/2012 4:31PM

Okay, another urging for you'all to write one:

Within the mountain beats
the heart of discovery,
anticipation and leap
of my heart thumping.

Within the mountain beats
my heart with a blessing,
my eyes seeing first
the blessing from months
of pull.

Yester's round rang true.

By Rick
05/25/2012 6:36PM

We should have some positive fun under this Forum Topic: write a new prose (poem) to encourage and/or comment! Granted, it'll be better to encourage, but some sideways prose will make the grade:

I offer this first one in the "sideways" catagory:

Gov's gotta plan,
Jerry of Old,
Gov's gotta plan
That can't be sold.

Gov's gotta plan,
Jerry of Old,
What's he thinkin'?
Thinks the wise out here
Are wakin' up blinkin'.

Gov's gotta plan,
Don't look inna mirror!
Jerry's gotta plan,
Big ass posterior.

Gov's gotta plan,
Play by the rules,
We honor the rules,
Just make 'em true.

Make rules true
to our Constitution,
We'll make it true
to a real solution.

Gov's gotta plan,
But doesn't seem right,
With caltrops and lawsuits
thrown down with spite.

Effem! We say,
We'll lead the way out,
.........

By bluejay
05/21/2012 12:23PM

Greece could be the preview.

Check out the video concerning our debt in the YouTube presentation at http://www.jsmineset.com

By Rick
05/19/2012 9:40PM

There is a curious force heard underground when rock is being broken...it is echoing through our hearts, and the hearts of the miners underground...I'm not a miner, yet I know of this force:

Optimist for yester's round,
White quartz with yeller,
Tommyknockers knockin',
White quartz with yeller.

Slabs ahangin' overhead,
Traprocks under foot,
Tommyknockers knockin'
White quartz with yeller.

Tommyknockers knockin'
Reggers bent on effin'
Miner's lamp aglowing bright,
White quartz with yeller.

Drill deep, drill strong.
Drill until the dawn.
Drill with visions in the glow,
White quartz with yeller.

Reggers throwin' down,
Effers throwin' down,
Stop the mine, there's no WAY!
White quartz with yeller.

Visions will always point to
The truth we all know
Strength will always win,
White Quartz With Yeller.

By Rick
05/18/2012 6:24PM

My mention below of Glass-Steagall has roots here on the Forum, directly relative to the viability and assault of our mine:

Regulation's validity is relative to the purpose...and its practical application has been lost, usurped by opportunist criminal gov entities. Glass-Steagall was on of the valid regulations: it kept investment houses separate from banks (banks, the simple holders of money and depending on risk assessment, allowed home-loans to be issued, inbedded with a small margin predictable to the outcome of risk.

In short, it kept the crap out of risk, and home-loans were granted based on the recipient's true ability to stay true to the contract.

HOW is this discussion even remotely connected with the Original Sixteen to One Mine?

Regulation, when its purpose is truely to protect all sides, is valid. Glass-Steagall prevented leverage beyond collateralization...

Regulation, when its purpose is designed to controll outcome rather than mediate, is dangerous.

HERE's what's even worse: REGULATION without a basis of Constitution, without a basis of accountability is akin to allowing a crook into your home.

By martin newkom
05/18/2012 3:11PM

According to the Wall Street
Journal some months ago, it was
disclosed that J.P. Morgan Chase
knew about the Madoff Ponzi caper.

By Rick
05/16/2012 8:40AM

The root of all this mess started when Glass-Steagall was repealed by the Clinton administration, with urging by the political machine.

99%? 99% of the the citizens in our country haven't even heard of it and have no idea what, why, who started the colapse of the housing market and the subsequent fall of portfolios.

"Everyone should be able to afford a home...it's only fair" cries the left (hi Barney) and derivatives were born. Never mind that those 'home-owners' receiving uncollateralized loans couldn't afford them to begin with.

What was Glass-Steagall?? Banks and brokerage houses were separate entities....(longer)....insuring solvency for both. Risk was mediated; stability insured.

Why was it reversed? Politics dictated emotion rather than practical outcome, and hurt those it perported to help.

Re-instatement of Glass-Steagal would be the single most productive way to restore stability

By bluejay
05/15/2012 5:58PM

Following JP Morgan's surprise announcement recently of a $2 billion derivative loss here is an oldie but goodie that Jim Sinclair at jsmineset.com ran concerning JM Morgan that was written 8-30-02 by the respectful Ira Harris:

"Well, U.S. bankers have done it again. The best of the breed,JPMorgan and JAMIE DIMON, was blindsided by a large loss in its “hedging” operation. It is amazing how, since the REPEAL OF GLASS-STEAGALL, we have seen story after story of bank trading operations bringing the global financial system to the edge of a“SYSTEMIC CLIFF.” Since the repeal of the Glass-Steagall, the international system teeters on the precipice of a calamity. Now if COMMERCIAL BANKS want to be aggressive and trade like the proverbial hedge fund, then BANKS that are holding companies have to surrender their FDIC INSURANCE and pay for the use of people’s money."

It's absolutely amazing why regulators do not have a realistic pulse on what the banking industry is doing with other people's money. Keeping your money on deposit at the banks is a risky game.

By bluejay
05/15/2012 1:06PM

Another hush hush tax you don't even know about:

http://www.youtube.com/watch?v=uBnlXGvA1Wk&feature=youtube_gdata_player

By Michael Miller
05/14/2012 6:12PM

In this topic on 05/11/2012, a good friend of the mine commented on the new beginnings of a Sierra Nevada mine. I know the history of this mine well and wish its operators great successes. Martin’s observation, however, is why I am writing. Much of media is purchased, especially by start-up gold mines. I bet that this operation will have a good relationship with the local media, as does the Sixteen to One. It is never a problem for the Sixteen to One mine to get coverage in local papers, which include the Sacramento area.

Origsix owns a mine and is operating its mine according to the available resources (money). It truly knows how to operate both with and without money, having sustained itself for over 100 years. It has not diluted its current owners when money is in short supply to survive. Money is directly related to the mining of gold (many junior and some major gold companies find their money from the public or others and sell their gold forward of production).

Our operation suffers not because it is not mining due to permits but because of lawsuits and the perception that these lawsuits have merit. The lawsuits scared people, people who lacked the moxie to even conduct a due diligence enquire. The CDAA criminal case was pure bunk! Anyone who spent any time reviewing the law and the facts surrounding it knew it to be bunk. The recent SMARA lawsuit was just a pain in the butt! Time and money and the real hardship it created for our future prompted me to give in to their extortion. (History, the law and the facts were also on our side), which brings us to the last remaining legal issue: California’s irresponsible water board and its staff.

Nothing should stop competent, serious and well-funded adventurers from checking out our plans for increasing mining and building this company. Now, since we are just a bunch, a small bunch of friends looking at the FORUM, I tell you this: If my moxie were grander, I would complete our due diligence regarding the remaining lawsuit advocated by the Central Valley Regional Water Control Board and file a lawsuit with eight causes of action, seeking damages for its unlawful conduct.

Let’s hope that someone in state government, be it the Governor’s office, the water regulators or the legislative politicians finally conducts their due diligence and approaches the litigants with a responsible settlement outline.

By bluejay
05/14/2012 8:50AM

How really safe are the banks?

Recently, JP Morgan announced that they had a $2 billion loss in derivatives. Following is an excerpt from Greg Hunter of http://www.USAWatchdog.com:

The only way JP Morgan could “bring down the entire space” is if the entire space was leveraged in ways similar to JP Morgan. Of course, no U.S. bank has more derivative exposure than JP Morgan.

According to the Comptroller of the Currency, JP Morgan has a little more than $70 trillion in total derivative exposure. (4th quarter 2011 OCC report) The next 4 banks have a combined $150 trillion (approximate) in total derivative exposure. I am sure the banks will tell you that this is all hedged (bilaterally netted) to minimize any losses, but we all know how well that strategy worked with AIG, Lehman and MF Global.

By bluejay
05/11/2012 10:04PM

When the bankers pushed to get their hands back on investor's money by getting Clinton to sign off on dismandling the Glass Steagall Act it set the stage for unbridled banker greed.

An excerpt from the today's Casey's Dispatch:

"Yesterday, after the market close, JPMorgan announced that a series of synthetic credit trades done by its Chief Investment Office had gone terribly wrong and caused a $2 billion loss.

A "synthetic" trade is another name for a derivative trade, most likely some type of credit default swap. The bank claims that this Chief Investment Office's job is to hedge the bank's overall credit exposures, but that can't be all that it was doing. This office had to be making huge bets on the market in what is nothing more or less than a form of proprietary trading."

This is not what banks were chartered to do.

John Corsine at MF Global decided to take a big position on sovereign debt using margin and took a bath. When it was time to caught up the money for his losses he took customer money that was entrusted to him and gave it to JP Morgan to cover those losses.

New York City is a cesspool of bankers fiddling with public markets and financial corruption.

By bluejay
05/11/2012 9:40PM

The president of Sutter Gold lives in my town and is also on the Board of Directors of Agnico-Eagle Mines out of Toronto. The next time I see her at Safeway I'll ask her how she gets along with the State.

By martin newkom
05/11/2012 9:35AM

Recently a mine operation in
Amador county has "commenced"
operation according to the local
Sacramento Media. It would appear
that company either has a good
repor with local media or has hired a dandy publicist. I think
the Origsix might want to take
note. The Amador Mine gets to
MINE, the Origsix doesn't. I
wonder why?

By Rick
05/09/2012 7:09PM

And...we won't hear that reported in the "news" any more than we won't hear it reported that the Bam proposed "Buffet Rule" has been widely slammed by Mr. Buffet himself, which he is on record as mischaracterizing his true perspective of taxation increase reaching the extemely etreme rich for whom 100 mill is the launch point.

Yup. No mention of Buffet's remarks in the "media" except those reporting in reality mode....which summarily get dismissed by the clones.

By bluejay
05/09/2012 10:04AM

Warren Buffett, in a recent interview with CNBC, suggested that he could balance the budget right away.

He said: "I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."

By bluejay
05/05/2012 8:39AM

Below is an excerpt from today's International Forecaster.

By bluejay
05/05/2012 8:37AM

Government’s attempts to control the people by directly manipulating economic indicators parallel Pavlov’s conditioning of dogs. Pavlov started by ringing a bell whenever his dogs were fed. At first, the dogs only salivated when the actual food was provided. But later, after the dogs had become “conditioned” to “pair” (associate) the presence of food with the ringing bell, the dogs could be made to salivate by merely ringing the bell, even when no actual food was provided.

For the dogs, the ringing bell was an “indicator” similar to the thermometers in our apartments(Do you really control the room temperature by artificialy stimulating the thermometer?) or the government’s reports of GDP, inflation, unemployment and prices. Just as Pavlov’s dogs were conditioned to salivate at the sound of a ringing bell, Americans have been conditioned to borrow and spend currency to purchase cars, homes, equities and commodities (or even to have confidence in the gov-co) by “ringing the bells” called “stock market indices,” “unemployment percentages,” “inflation rates” and “prices”.

By bluejay
05/02/2012 7:16AM

From http://www.jsmineset.com:

Jim,

Except for the Social Security Trust Fund, the Fed is now the largest holder of Treasury debt.

QE is the only way left to sell the debt. So how can they stop doing it?

Best,
CIGA Hank

Hank,

Once you have started QE in a recession lacking an ebullient economic recovery, you cannot stop QE. It is impractical as the house of trillions of cards will come tumbling down the same day you really stop.

Jim

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Phone:
Fax:
E-mail:

(530) 287-3223
(530) 287-3455
corp@origsix.com

Gold Sales:

(530) 287-3540
goldsales@origsix.com

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