March 5, 2021 



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 By Michael Miller

06/25/2010  3:07PM

To our friend Bluejay and other 's upset with the decline in the quality of life in California.

I feel qualified to answer the question on the previous entry below. It is one man's opinion but based on a lifetime of schooling, recreating,earning money, serving as a government appointee and an elected government official, alleged felon (thank you CDAA), parent, employer and producer of gold in this great State.

My faith in the people of California, the natural resources of California and the latent wisdom of all Americans provides me a calmness that better times are ahead of us. I'll take on that writing task next week.

Everyone is very business right now readying for the shareholder visit to the mine. The place looks great and the crew has almost finished topping off our preparations. Mining gold is serious business and so are we. And you supporters and advocates help. Thanks for caring.
 By bluejay

06/25/2010  9:58AM

California is doomed.

Still, California isn’t Greece. It’s home to Silicon Valley, Hollywood and a $27 billion agriculture industry. “It’s unbelievable,” says Bob Nichols, CEO of Windward Capital Management Co. in Los Angeles. “How do you screw up a place with the growth capability of California? It’s so dysfunctional.”
 By bluejay

06/22/2010  10:53AM

Excellent informative conversation with the smart east Texas Mike concerning the Gulf blow-out, a short primer on drilling along with comments on the economy, M1, M2 and M3 money supplies, gold and the banks.

Texas Overnight with Charley Jones out of Dallas.

Go to audio
Select Texas Overnight
Select interview from 6-21-10
 By bluejay

06/14/2010  11:08AM

"Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph"

–Haile Selassie
 By bluejay

06/13/2010  4:53PM


As most folks are aware of, we have a two party con-operation of control in effect at election time - both basically wanting the same thing as they continue degrading the constitution which so many sad lives were lost in defending. These people have no shame.

They will do whatever they want until people stand up and say something like this: I don't want the fox guarding my chicken coop anymore.

"Most of the representatives are only interested in the status quo." The statement originates from someone in the U.S. Congress that recently wrote a letter to Mr. Martin Armstrong stating this. In November we'll see how tired and mad voters have become with the trashing, little by little, of our Constitution.

I remember some years back a phrase from the "Dallas" show, probably Jock Ewing said this, "no one gives you power, you take it!"

I think we know who the power grabbing mongers are: you don't have to look any further than to the hacks in government. Whose real bidding were they secretly conducting when the Glass Steagall Act was ordered torpedoed? You don't have to look far: Who benfitted?

The Rothchilds in London, who control about half of the earth's wealth, always seem to write their own financial future by contolling events along with manipulating the flow of information. Remember all the money they made on British government bonds following the outcome at Waterloo in 1815?

I turned in my federal reserve notes long ago for the real thing. Our Founding Fathers had every right to require gold and silver to be used in exchange as I'm sure they knew a thing or two about the bankers and government debt.
 By bluejay

06/13/2010  10:00AM

Unbridled confiscation and theft is not just a State of California endeavor.

David DeGraw in the following short video with Max Keiser explains how it works on an international scale. You'll be surprised to find out who the financial death squad leader is. It's an old game: How do we steal someone else's wealth?

All these entitles, believe it or not, are allowed to operate in destroying the wealth of the people by our permitting them to hold powerful positions. Are we really that naive? The current problem for the Mine is, how do we get an Arkansas sized tick out of our lives when the courts are greatly stacked in the favor of prosecutors?

You take your case to the common sensed people who put these scoundrels in there in the first place.
 By bluejay

06/11/2010  1:18PM

The Paradox of Regulation

by Martin Armstrong 6-03-10

An opening excerpt. The balance can be accessed from the following link:

God v Man

"Here is a strange phenomenon that is inherent in any action. My mother perhaps had the best maxim: "Even a good thing to excess is bad." This phrase she use to say when I was growing up is such a profound wisdom, we get caught up in all the nonsense that we become blind to the effects of what we are actually doing. I have observed this phenomenon for decades both live and in my study of history. I call it the Paradox of Regulation for what happens is quite profound. The more we try to regulate something, the more we in fact Deregulate. Indeed, where god set down a simple list of just 10 Commandments, man has frustrated his world by trying to constantly improve upon them to the point there are over 15 million laws, rules and regulations that all try to say the same thing, but in the process turn the world upside down. This is the source of our problems and the torment of political vacillations. If we could just get this one right, we would solve most of our problems in society."


Mr. Armstrong speaks the truth. Wouldn't it be far simpler for the Company to just have to listen to the county Sheriff? Let him be the authority figure watchdog on the block with the Company's affairs with the caveat that he or she has to answer to an elected local citizen's over-sight committee. Let them be responsible for the 10 commandments and in the process get rid of the anti-Christ in the form of a politically appointed Water Board who doesn't want to exercise any compassionate creative reasoning with us but hand out tickets to support their ridiculous occupational presence and outlandish incomes.

Environment issues are important but having a rag-tag group of Ligislators use it to confiscate wealth is a CRIME against mankind in the eyes of our creator.

How many governments of the world had tried to indict a company and its officers for murder in an obvious accidental and traggic death of a miner in performance of his duties? Enough is enough!
 By bluejay

06/10/2010  8:30PM

The blow-out in the Gulf, at the hands of ignorant and money thirsty British Petroleum, will prove to be the most catastrophic event against the environment in all of world's history. Even Obama has shown he is no leader by failing to take complete charge by just naively supporting one of his large campaign contributors.

I hold our government responsible for the continuing and pending destruction of the entire Gulf, the Atlantic Ocean and along with all of their inhabitants plus the sea birds that are suffering and dying a slow death being laden with crude.

The following is an interview with an elderly gentleman well experienced in the oil business. At the end of the interview his final comment of the atrocity against nature is garbled out. I ask, for whose benefit?

We are living in another disgraceful period in world history where out-of-control corporate power not only is stealing our money via New York investment banks but now, it is destroying our planet.

How ironic it is that the flat-lander Central Water Board is chasing a ghost in the mountains with their their little rules book attempting to destroy shareholder's wealth when, in fact, there has been no damage at all.
 By Rick

05/30/2010  6:10PM

Visiting with Rita and Sean yesterday, and the energy is still flowing!
 By Michael Miller

05/29/2010  12:35PM

Rita , husband Sean and daughter Cora accompanied by Eric Rice, a well known Blue Grass aficionado, spent a long afternoon underground in the Famous Ballroom. There voices and instruments were recorded without any amplification by Steve O'Neill. The acoustics defy words.

Several wishes for the Ballroom persists. We hope to broadcast a live performance on KVMR FM radio. If you take a moment to go to the NEWS topic, page three and scroll down to March 21, 2002, you will find the big wish. Maybe the thrust of "Who Will Sing for the Miners" will come true. It is long overdue.
 By Rick

05/28/2010  7:35PM

Yes, most of us know that Rita Hosking recorded songs in the mine this month! Googling Rita 48,000 hits arrived....

I remember the first time I heard her a Joe Craven picking-party backyard, and was floored by one of the most unique voices I'd ever heard.

I follow Rita on FaceBook and recommend the same, as well as listening to KVMR, especially her web-page. Rita's new album is awesome.
 By Rick

05/21/2010  7:26PM

When law enforcement prosecutes, intent is an essential element to its focus.

Law enforcement is essential to our society, accountable to a vibrant society, essential for the good of all citizens.

A lawless, unaccountable, un-elected thug should not have the blank slate to cripple and KILL a vibrant fiber of our Constitutional right to be free in this country.

On the roceord.
 By bluejay

05/18/2010  7:32PM

You're absolutely correct. You can add a few more scumbags that had their fingers in repealing Glass-Steagell like Phil Gramm and Robert Rubin. I'm sure the "brilliant" Larry Summers was putting his two cents in as well if he could spare any time away from demeaning women.

Why Obama chose Summers to be his economic adviser is beyond me as Summers cost Harvard $1.8 billion with his sassy and confident financial advice.

Anyway, these are the guys along with the ones Rick mentioned that will be responsible for bringing down the house. Oops, almost forgot Greenspeak. It's comes so easily to think of politicians as, simply, inept but it goes past that: most are just greedy persistent uneducated people and look to voters as a means to their end. The free lunch. They act just like the pesky squirrels at the bird feeder until they've ravaged everything, then they move on.

Tonight, it was originally intended to alert everyone with one of Mr. Armstrong's recent articles but I just couldn't resist sticking it again to Rothchild's boys and their paid hacks in government.

On May 6, 2010, Martin Armstrong made available on the Internet the article, The Debt Crisis - The Preview of What Is To Come.

It's well worth the read because it will effect you and it's not good news.

Mr. Armstrong concluded the article by saying: "Watch closely the events in Greece. It is a road map to what lies ahead. Our own politicians will do nothing. So collapse is impossible to prevent. Hang on. It's going to get nuts."

Got your gold?
 By Rick

05/18/2010  4:56PM

For those of us who don't know:

When the Glass-Steagall Act was repealed and signed by the Clinton administration in 1999, the banking world was turned loose, like a kid in a candy store. Look it up for yourselves. (Always the best way to fact-check my stuff.)

All was done with the "feel-good-vote-buying-method" assuring "affordable housing" for all who couldn't afford what they want. Socialist parade. Sounds great when you get stuff and don't have to getting a credit card with no baqck-up plan.

"Hey, they gave it to me, so what's the mean I actually have to pay it back?"

"No, no really, just wait a while while we sort it, but be sure to vote for us again, since we really want you to have afforable housing. Don't let those rascal Rebulicans take your housing away!"

Blah, blah, blah.....

This whole house of cards started with this notion, manifested by Freddy and Fanny and nobody in the television media is able to look into the mirror because it would break on impact.

By design, I mention again, because once endentured, always dependent.

Consider the dependent-on-government-household....why would they ever vote away their gift, their cash-from Obama's-stash, their ugly dependency??? Never. Vote buying on parade.

Back to the repeal of Glass-Steagall Act: it was the enabler to this crap. Prior, while the Glass-Steagall Act was in place (over 50 years, look for yourself please), mortgage banks interests were by law separate from investment houses...hence the risk management of mortgages was in check by the marketplace. To wit: you couldn't recieve a house mortgage from an investment bank, and visa-vera, an investment bank couldn't issue you a mortgage, hence insuring the housing market's reality.

The repeal of the Glass-Steagall act by Bill Clinton's administration changed all that, and the political doors were open to the gullible masses....

"You mean I can buy this for nothing down? Don't have to prove my income? Well, bless the Democrats!!! I'll vote for them forever!!"

And then when the ess hit the fan, they still want the candy to come back.


We have the Barny Franks, Chris Dodds, Bill Clintons, B-Bams to blame for the entire mess.

Our parents taught us: "You can't get something for nothing."

And I'll add a new one: "Stop thinking and voting that way."
 By bluejay

05/18/2010  10:44AM

The ever changing face of major banks.

The general business of big banking today has significantly changed from lending out depositor's money to using those same funds for market speculation. If that wasn't bad enough, the government is allowing them to falsify their net worth with relaxed accounting guidelines plus they are illegally hiding their write-downs.

Future generations will look back upon this system simply, as just being fraudulent. Is there any wonder that New York State Attorney General, Andrew Cumo, is investing eight big banks for providing the ratings agencies with false information concerning mortgage securities? The problem with keeping your money at the big banks is that they don't operate under the moral guidelines of fair play.

People generally have confidence in the FDIC to insure their money, or is it money? It's just representative of how many bills you have to part with to exchange them for gold. If your banks fails where is it written, when you actually get your bills back? Gold is constant with what it buys, the money or what's believed to be money, the Federal Reserve Notes, historically depreciate in purchasing power and are not constant. The Constitution defines money as gold and silver.

The Federal Reserve was created by bankers as a vehicle to bail them out at the public expense. Who bails us out? Got your gold?

The following linked article entitled U.S. Banks Illegally Hide Write-Downs by Jeff Nielson of clearly spells out what the banks are up to these days and what people need to know.

It appears to be a "no-brainer" today in not trusting the big banks with your hard earned Federal Reserve Notes.
 By bluejay

05/12/2010  10:21PM

Dear Jim(Sinclair),

Here comes the litigation you warned about years ago. It looks more like fraud than mismanagement and the accounting firms seem to have helped every step of the way (just like Enron and Arthur Anderson). This is going to end badly (and already is). Every book of every corporation in the West is now suspect. My God, what have these people done?

CIGA Pedro

Former Iceland bank chief hit by $2bn lawsuit
By Andrew Ward in Stockholm
Published: May 12 2010 14:20 | Last updated: May 12 2010 14:20

One of the main figures behind Iceland’s banking boom and bust has been hit by a $2bn lawsuit that accuses him of a “fraud” that contributed to the collapse of Glitnir Bank.

The rest of the article is available at
 By bluejay

05/03/2010  11:22AM

The fiat money bosses are getting really concerned lately as more and more people are putting their savings into gold and silver and dumping the fiats. What to do? As the politicians and their string pullers think it over. One new angle is to tax the producing companies and break the confidence of their shareholders who are hedging their exposure to paper money with share ownership. Another unspoken one could possibly be the encouragement of a few select banks to naked short all the mining shares.

And now the article below that makes a fruitcake-case for why gold will have to return to $800 an ounce.

Gentlemen: We are in a major bull market in gold. warning: Fight with it as you may, this big daddy of a bull will not be taking hostages.

From Jon Nadler's(the perennial gold bear) recent commmentary at

Speaking of price corrections, at least possible future ones, Michael Crook, VP & Strategist at Barclays Wealth (the UK’s largest money manager with nearly a quarter-trillion in assets under management) made a stunning (for some) prediction on that aired yesterday. Warning: not for the squeamish.

Mr. Crook argued that once the current crisis is over and gold starts to reflect its ‘fair, adjusted for monetary policy (post liquidity extraction) price.’ That price is about $800 per ounce in Mr. Crooks’ opinion. Yes, not the $7,000 per ounce price was offered last week by one of its rip-roaringly perma-bullish guests. Mr. Crook is thus shorting the GLD. Period. Buying Jan. 2012 puts, to be precise. He also sees platinum and palladium (bullion and ETFs) as the ‘winners for the next decade.’
 By bluejay

05/03/2010  10:42AM

If you have it, they will tax it(or attempt to steal it).

Mine our resources? Then pay the taxman

Australia to impose 40% tax on resource companies’ profits
05:55 AM May 03, 2010

CANBERRA – Australia will impose a 40-per-cent tax on the profits of resource companies like BHP Billiton and the Rio Tinto Group to pay for infrastructure, retirement and company levy changes, as part of the broadest overhaul of its tax system since World War II.

The government, responding to Treasury Secretary Ken Henry’s 10-year tax plan, said the resource tax would start in 2012 and raise A$12 billion ($15.2 billion) in its first two years.

The move is to better tap the nation’s mining boom fuelled by commodities demand from China and India, and comes as Prime Minister Kevin Rudd prepares for an election later this year.

"This will use super profits on resources owned by all Australians," Mr Rudd told reporters, saying he was prepared for a backlash. "This will help convert Australia’s strong economic position today into enduring prosperity."

The changes set up a potential clash between Mr Rudd and resources companies that make up 9 per cent of the economy and which last week warned that a 40-per-cent levy and double taxation with state royalties would threaten some US$108 billion ($148 billion) worth of planned investment.

"If implemented, these proposals seriously threaten Australia’s competitiveness, jeopardise future investments and will adversely impact the future wealth and standard of living of all Australians," BHP’s chief executive officer Marius Kloppers said yesterday. The company’s effective tax rate will increase to 57 per cent from 2013, from 43 per cent now on its Australian earnings, it said.

BHP – the world’s biggest mining company with 51 per cent of its assets in Australia – will have earnings cut by 19 per cent as a result of the tax, Merrill Lynch said in an April 27 report. Rio Tinto, the world’s second-largest iron ore exporter, which has about one-third of its assets in Australia, would see a 30-per-cent earnings cut.

The government said it will compensate companies for the state royalties they have paid. But the critics were vocal.

The government runs the risk of "taking away from Australia the strongest industry we have and the one that saved us from the global financial crisis", said Mr Keith De Lacy, chairman of Brisbane-based Macarthur Coal, the world’s largest producer of pulverised coal.

Mr Rudd’s Labour government commissioned the tax review two years ago to create a simpler and fairer system to meet the needs of a growing and ageing population.

The government will use the resource tax revenue to create an A$5.6-billion infrastructure fund, cut company taxes to 28 per cent in mid-2014 from the current 30 per cent, and boost retirement funds, now worth A$1.3 trillion.
 By bluejay

05/01/2010  10:42PM

From the AAA's Travelers's Companion, via - May + June 2010:

"But for all the gold in safes and jeweley shops and Fort Knox, plenty is still in the ground. The U.S. Geological Survey estimates that 33,000 metric tons--nearly 1.2 billion ounces--awaits discovery in the United States, mainly in the west."

From the article, Eureka! Gold In The West. Author: Chris Woolston
 By bluejay

04/30/2010  9:47AM

Dave, it sounds like help is on the way, or is it?

The current outstanding OTC derivatives have the potential to completely burn down our financial house, many times over. Currently, there are enough of these garbage type contracts, if ever to be settled, that represent per person $190,000 each on the planet, or for a total $1,144 trillion as of December, 2007. The real scary news is that financial entities just keep increasing that size.

These derivatives are basically insurance vehicles with no collateral behind them but many contracts are just used as betting devices, no different than the wagering that took place in the bucket shops during Jesse Livermore's days.

Chris Dodd has sponsored a new financial regulations bill in the Senate, debate is continuing. Isn't Chris Dodd the same guy that took financial favors from lending institutions without disclosing it? Remember Phil Gramm? He was also a supposedly, "do gooder."

What Gramm was instrumental in accomplishing, along with two other sponsors, was the passage of the Gramm-Leach-Bliley Bill in 1999 that gathered support from Clinton, Rubin, Greenspan and a cast of other "do gooders" in the murdering of the Glass Steagal Act that was originally set up to contain banker's greed and protect the people from that excess. The bankers tactical lust for more and more money was always with the same approach: Get them over-leveraged and then drop the boom. The end result was always the same, pain for Americans. Citizens got so incensed that they actually dragged bankers out of their offices in NYC following the panic of 1907 and hung many of them until federal troops arrived.

Is Chris Dodd another "do gooder?"

Derivatives are a complicated subject, few understand them. You just have to have Jay Leno interview passer-by's on Hollywood Blvd. to prove this point.

I'm not too sure what you're speaking of when you say, general banks and market banks. How would this effect, as a few examples, Goldman Sachs and J.P. Morgan, they drive on both sides of the street(investment and commercial banks) in financial circles as a result of the Gramm-Leach-Bliley Act?

I certainly hope there is an ever lasting fix for all the trouble these banking institutions have caused us all. But let's get real, this sector is always handing out money to the so-called last resort regulators in Congress and Senate. The question is following this media circus to pacify the furious people of this land: Will we still be used as a conduit from someone else's wealth into the coffers of the bankers, meaning the likes of Goldman Sachs and J.P. Morgan?

We all require leadership and someone to fall back on during trying times as we interact domestically and internationally with other countries and people. So far, our leaders have let us down as well as our representatives in governement.

Will they fix the gigantic derivatives mess? Their poor track record of failing to insure our well being(Social Security??) on a regular basis in the past strongly suggests otherwise.

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