August 31, 2015 



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 By bluejay

08/06/2015  8:14AM

"Property taxes are undemocratic" -Martin Armstrong

More of his thoughts

We do not own our homes; you cannot retire, even after paying off your mortgage, since you still have to pay property taxes. If you do not pay your property taxes, they take your house and throw you out on the street. Property taxes are the most UNDEMOCRATIC tax we have and are a remnant of a totalitarian state. Today, government workers demand funding for their pensions through exploitation of the people.

Government should privatize to eliminate pensions. We have to face the fact: politicians will never efficiently manage anything; they are hopeless. Government departments should privatize simply for real management, and then we would not have this crisis of unfunded pensions that are bankrupting the states. No state is capable of simple fiscal management because they are not competitive. Instead, they abuse their power of taxation to fill in gaps of mismanagement. Taxes clearly alter our lives and it is never for the better at the end of the day.
 By Hans Kummerow

07/30/2015  1:05PM

a strange smell is back in the air in Europe. It is the taste of a major war in Eastern Europe.
 By Michael Miller

06/08/2015  6:41PM

Our mine site was burglarized over the Memorial weekend. We lost about $5,000 in tools and equipment. Our operation was hurt without these tools until I could replace them.

For me a burglary is a personnel attack, especially when some guys steal the tools needed to do your work. It reminded me about days gone by. Growing up I wondered why the cowboys or locals hung a horse thief. A horse 150 years ago could mean life or death to its owners.

Years later on I realized that if some butt head steals your horse, it is grounds to hang him. I feel the same about stealing a man's tools. Your life depends on them.

I am installing a very sophisticated security system. It costs a bunch. It provides information in real time and monitored in real time.

Interestingly, these two thieves turned our electrical power off at the meter. It won't work if there is a next-time trespassers enter our properties. So (and I know that someone reading this FORUM knows these burglar pricks) trespass again on our mining properties and we will hang you.
 By Michael Miller

05/28/2015  10:33AM

Nine miners who were trapped underground in northwestern Quebec have been rescued and are not injured. Mine manager Sylvain Lehoux said that after being trapped for nearly 18 hours, the evacuated miners were exhausted but were able to talk to family members. They were rescued by a tunnelling machine at the Iamgold mine in Preissac in the Abitibi-Temiscamingue region. The miners were trapped after a wall moved because of seismic activity in the area.

Lehoux says the section where the incident happened may not reopen, and a survey will need to be done with consultants and engineers to determine whether the area is safe.

The miners were in good spirits but added they were hungry. One miner was freed earlier in the day and the other eight Tuesday night. The company suspended operations for the day amid the rescue attempts.
It is the second such incident at the mine in four months. In January several miners were also caught in an area not far from the location of Tuesday’s wall collapse. The area is located on what he describes as the Cadillac fault and any movement can definitely cause an earthquake.

IAMGOLD only started commercial production at the mine in July 2014.
 By cw3343

05/26/2015  1:41PM

Thoughts and prayers with the 9 IAMGOLD miners currently trapped in Quebec.
 By fredmcain

04/13/2015  6:20AM


Didn't most of this actually happen last year? I seem to remember finding a press release from Sutter last year stating that the development of this mine was "put on hold" pending the new $1.2 million investment that they can't seem to find.

Fred M. Cain
 By cw3343

04/11/2015  9:09PM

I was perusing some news and noticed another smaller-scale miner (Sutter Gold) in California recently ran into some serious problems:

Sutter Gold Mining Inc. yesterday announced plans to put its California-based Lincoln mine project on care and maintenance. Though the mill has processed about 1,000 tons of stockpiled material, it ultimately failed to get through all the material due to “weakness in the design and installation of the plant thickener.” Milling operations were suspended at the end of February due to the “inability to dewater tailings.” To correct those and other issues, the company requires an estimated additional investment of $1.1 to $1.2 million.

If I remember correctly, Sutter Gold mines in Amador county, and was bankrolled by an Aussie company/investor.

"I guess id it was easy, everyone would be doing it"
 By bluejay

03/16/2015  2:12PM

Government Out of Control

Burgers and Weiners Targeted by EPA
 By udyellis

03/04/2015  11:19AM

Like your website, good stuff especially for keeping up with local mining info.
I am a local (Nevada City) Bullion treader and buyer. I buy from the locals with nuggets, buttons and fines. I refer people to your site from My current site does link to yours and I will continue to do so from my refurbished site hoping to finish in about a month.
 By bluejay

01/27/2015  2:10PM

From Martin Armstrong:

Bureaucrats have Been Corrupt Since the Start

The greatest problem with government is how it consumes capital until it kills the private sector. This has been the course of every government – power corrupts universally. The bureaucracy has also gamed the private sector for personal gain. They currently are exploiting of the people through Civil Asset Forfeiture which is reminiscent of the Roman legions who just began to sack their own cities to pay themselves.

Pictured above are “Fouree Denarii” or Claudius (41-54AD) a member of the Julio-Claudian line just prior to Nero. These are genuine coin dies struck on copper planchets silver plated. The people inside the mint were pocketing the real coins and producing a small quantity of debased coins illegally. This demonstrates that corruption within Rome was systemic and it kept growing. This is like the missing $2 trillion from the Pentagon budget that Rumsfeld promised would be investigated 1 day before 911 attack where the missile or whatever struck the only room in the Pentagon where the evidence was stored. What amazing coincidence.
 By bluejay

01/18/2015  11:42PM

Squeeze The People

Feinstein to pocket $1 Billion Personally
Posted on January 18, 2015 by Martin Armstrong
Feinstein Dianne
Martin Armstrong

Sen. Dianne Feinstein is expected to pocket $1 billion from the Post Office for her family. These people are beyond greedy and they have the audacity to always blame the rich. Just amazing. Maybe the Greek cab drivers are right. Just where the hell do we start when corruption is everywhere?
 By Rick

01/08/2015  4:34PM

It's been a while since I've chimed in, but all's well I trust! Survival rules...nice job! Yes, I'm above ground and the gold is underground, and someday we'll meet in another setting, but not now. Time is tic-toc-tic-toc, but our spirit lives!
 By bluejay

09/29/2014  3:50PM

Gold Districts of California
Bulletin 193 California Division of Mines and Geology 1976

A considerable number of rich, small ore pockets or pocket shoots have been developed in mines in some lode-gold districts. Many of these pocket shoots were in districts commonly referred to as "high-grade" belts. The richest and most famous in California is the Alleghany district in Sierra County. Much of the output of this district has been from small but rich pockets.

Other noted high-grade districts are the Sonora, West Point, Soulsbyville, Kinsley, Whitlock, Spanish Flat, and Kelsey-Garden Valley districts. A number of other lode-gold districts, such as the Grass Valley, Nevada City, Sierra City, French Gulch, Cargo Muchacho, Bodie and several Mother Lode districts, have yielded appreciable amounts of high-grade ore.
 By bluejay

07/22/2014  9:55PM

Some folks might find the linked description of California quartz veins quite interesting:
 By lessfrequencies

07/11/2014  11:47AM

Any under ground area would help to block remote mind reading frequencies. See This site will explain how remote mind control technology works. "To save your Mind, go into a Mine". I thought that one up. Oh yeah!
 By Michael Miller

06/30/2014  12:56PM

Underground excavations have a long history for preserving items of value. Ours has a near constant fifty degrees temperature. The sun or other forms of light are not a factor of concern. Humidity depends of the nature of the deposit where one stands. The million plus cubic feet of space range from dry to moist to wet. It is fireproof and would be difficult to rob. High frequencies are not a legal problem. Inquirers welcomed.

This topic will have a short singular life before moving to Miscellaneous.
 By fredmcain

06/30/2014  12:46PM

I think that thought controlled airplanes would be pretty scary. *BUT* I am having a bit of trouble making the connection to the Original Sixteen To One mine.

 By lessfrequencies

06/29/2014  6:01PM

With thought controlled Airplanes being advertised for sale now. Perhaps our Gold mines may become worth more in protection from remote mind reading technology in the future. See for the "Thought Controlled Airplane", under the technology section. This is no joke. What do you think about this?
 By bluejay

05/28/2014  1:35PM

May 28, 2014

California's Billion Dollar Mistake

Dear Laissez Faire Today Reader,

The state of California thought they had it all figured out with the Monterey Shale deposits. Sure, the state was a financial disaster, with a bloated budget and special interests making it impossible for any significant change. But that didn't matter because the state politicians found their "get out of jail" free card.

At least that was years ago, when an independent firm hired by the government told the state 13.7 billion barrels of oil lay underground. That's a deposit larger than the Bakken deposits in North Dakota and the Eagle Ford shale find in Texas. Both those states are took advantage of their oil resources and are in the midst of an economic boom.

So California thought they were about to join in on the fun...
That was, until the most recent estimate. You see, the original firm slightly overstated how rich the California deposit was. And by "slightly" we mean they overestimated it by 96%. Instead of there being over 13 billion barrels of oil, there's only... 600 million.
Sure, that might sound like a lot, but in the grand scheme of things, it's nothing. And to many California politicians who were promised vast oil riches, it's an absolute disaster. Now they can't wait for the black gold payday that so many other states have enjoyed in recent years. Instead, they're stuck trying to come up with ways to torture their financial numbers, and hold off their state's financial reckoning day for another year.

So what's the Golden State going to do? Probably dig themselves a deeper hole. When politicians (even ones at the state level) put their money on the entrepreneurial spirit of oil businessmen, you know they're just asking for trouble.
 By bluejay

02/27/2014  9:34AM

Back in 1966, the Beatles released their song “Taxman” as a protest against the 95% “supertax” rate introduced by Harold Wilson’s Labour government, which the band had to pay. The point is, taxes do not go to help the people as much as the socialists claim. Most go to government employees and now we face massive promises and unfunded pension plans. These people have paid themselves so well, it is no different from Yanukovych’s corruption, just not to such an extreme. Nonetheless, these government officials are lowering the standard of living for everyone else and driving the unemployment rate through the roof. They cannot see that a public servant is no different economically from having a maid at home who consumes your income and adds nothing to it. What is worse, the maid has access to your bank accounts and gives herself a raise whenever she spends too much and it is your problem if there is not enough left in the account for yourself.

Martin Armstrong

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