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



	September 7, 2010 Tuesday

Forum
Topic:
Miscellaneous

By bluejay
04/07/2010 9:34PM

studbkr

Thanks for the post. I couldn't make the link work, so I just went to history.com and searched for the video.

Very educational

By Rick
04/06/2010 5:16PM

Yes, our main focus is to stay on point here within this forum, how things affect the mine, and all of us connected. I initially started it to point out the similarities of current distractions employed in and by Washington, to today's harassment of the mine by the CRWQCB. Both employ non-truths to empower their political motives.

By studbkr
04/06/2010 12:59PM

FYI: The full History Channel episode is on-line

http://www.history.com/shows/how-the-earth-was-made/videos/how-the-earth-was-made-americas-gold#how-the-earth-was-made-americas-gold

By bluejay
04/05/2010 11:56PM

Big US Banks And Their Friends: Cooking The Books And Manipulating Markets

My son who closely follows real estate prices in Las Vegas told me that fairly recent transacted prices, for sale prices plus estimates of current values by a rating organization by the name of Zillow or zillow.com are upside down.

The following are a few examples of discrepancies:

House #1

Currently offered at $35,000
Zillow.com estimated value $149,000
House sold for $123,000 in 2003

House #2

Currently offered at $45,000
Zillow.com estimated value of $156,000
House sold for $96,000 6-29-09

A comparable house in the same neighborhood as house #2:

Sold for $80,000 in Jan 27, 2010
Zillow.com estimates value as being $170,000

What's going on here? Well, it looks like it's possible that that these estimates of current values may be giving banks justification not to write down their real estate holding thus preventing those write-downs in order to keep their reserves artificially inflated. Since accounting standards have been lessened, the banks also can value their derivative losses above realistic levels. We now have zombie banks, just like Japan had during the 90's.

All this does is just keep some bank doors open while they use their depositors money to speculate in markets. Certainly, they aren't making significant consumer loans as is substantiated by a shrinking M-3 money supply as reported by John Williams of shadowstats.com. It goes beyond understanding why folks would give their money to these people under the circumstances.

Not only are the banks speculating in markets with depositors money but they are ganging up to manipulate them as well, especially gold and silver according to Andrew Maguire who recently testified in front of the CFTC concerning manipulation in these markets. Maguire said, the take-down in silver from the low 20's to below $9 in 2008 was done by two to three big US banks.

Bill Clinton, still to this day, is defending his support for repealing the 1933 Glass Steagal Act in 1999 with the Gramm-Leach-Bliley Act or the Financial Services Modernization Act.

The only thing repealing Glass-Steagal did was to permit the commercial banks to hand over their depositors money to the investment bank players to play with in the international casino market of derivatives and commodities.

Andrew Maguire, who is a metals trader in London, said that he just had to go to the bar where the J. P. Morgan traders frequented to find out which direction gold and silver would be going which made him money on a regular basis.

Giving your money to the banksters is exactly what they want and who knows how far their tentacles reach?

By bluejay
04/05/2010 8:38PM

Just finished reading the latest Martin Armstrong report from http://www.martinarmstrong.org.

One significant point hit home hard:

Money is leaving outstanding government debt and headed into the stock market and gold. As you know, there is 10 times more money in bonds than in stocks. Not all bonds represent sovereign debt, there is corporate debt.

The bottom line: higher stock market prices, along with gold prices, silver included, will be fueled with funds exiting government debt. Most shocking from the article was, sovereign debt is expected to collapes by 2016.

Rick really has it right when he basically says, one of the last things they haven't taken away from us, yet, is our vote. This is the one thing that agents of Rothchild and the family worry most about, an organized attempt with our votes to displace their power structure.

The following is some perspective from inside Congress as quoted from an anonymous Congressperson in a letter written to Martin:

"The tyranny of the status quo is pretty strong around here... Individuals' desire for things to be "normal" is quite strong. The most recent actions by Congress in the face of a potential wave of sovereign wealth defaults is a good example of policy makers wanting to see the world as they wish it to be, rather than the way it is...

Seeing the pundits and a few members of Congress who called it right prior to the 2008 meltdown remain marginalized even after having gotten it right - and seeing these who were totally wrong come out of this circumstance with even more power than before - has not been heartening.

It's quite obvious what's been going on for a long time: slowly the public servants have been using the trust of the people to bleed them of their rights and wealth so now those servants of the mansion of State along with their cronies in finance will be the new owners of the wealth and the rights guaranteed to us by our fore founders.

By wlkirk
04/05/2010 9:54AM

Dave I. is correct. You can’t create pecuniary wealth unless you have something others will pay a premium for. That is, an imbalance is necessary for one to be wealthier than others. Using domination to obtain an item at one price, then marketing it back at another is one way to cause imbalance. Theft is another term for that technique.

All this is rather philosophic compared to our mutual interest in the Original Sixteen to One Mine. But I enjoy the discussion, as long as it is kept under appropriate Forum Topic categories.

By Dave I.
04/04/2010 9:31PM

Yes we did, we barrowed the money, that we paid back with high tax rates in the early 50's and 60's. After the war. We also had accumulated a tax reserve. The value of gold was increased to $35 from $22 per ounce. The very wealthy were willing to invest in our nation, due to our capability to defend the free world.

By Rick
04/04/2010 7:56PM

Dave...

We weren't in debt then.

By Dave I.
04/03/2010 3:37PM

Public sector jobs, are like a temporary salvation to jump start the economy. It was these type of jobs that salvaged America from the great depression. World War II was mostly public sector jobs. With most men in uniform, and the nations industrial complex building the weapons of defense.
After the war we continued with the building the nations infrastructure. Public works has always been a resource for jobs.
The reason we were able to do this is the private economy of our nation was creating wealth through export sales to foreign lands, and building trade. We were the major world resource for agriculture products. To day economic development is more highly competitive through out the world. Natural resources are becoming more rare with higher demand, so it is the supply and demand that will drive the financial wealth of our nation.

By Rick
04/03/2010 8:56AM

...continuing from my statement below...

This can't possibly happen, in a free United States.

Unfortunately, it is happening. Freedom, for this president, is his personal road-block.

By Rick
04/03/2010 8:54AM

Oh, how over-joyed the CNNs and MessNBCs are reporting "promising new job numbers" today.

Milton Freeman's knowledge of supply-side economic growth correctly pointed out that private sector growth concurrently grows revenue to the Treasury, given an optimal tax rate...too large a tax-rate %, and too small a tax-rate % both slow revenue to the Treasury.

Most certain of all: public-sector-government-jobs deplete revenue to the Treasury.

ANY new public-sector-government job-holder would need to pay 100% income tax, JUST FOR THE TREASURY TO BREAK EVEN !

This new Regime 'president' is gloating about creating government jobs, essentially admitting he is sending us deeper and deeper into debt, blocking private-sector growth, jack-boots on our throat.

This can't possibly happen

By Dave I.
04/03/2010 4:33AM

Happy Easter every Body at the Original Sixteen to One, Inc.

I've noticed that picture of the "Whopper" is no longer displayed, this makes me wonder that maybe it has been sold. Just the picture of that monster is a thing of beauty to behold.

By Michael Miller
04/02/2010 4:46PM

Thank you Gordon. I was waiting for the "and more". It is not a simple answer. By law a hoist must be cut at both ends every six months. This waste needs to be calculated as well. Technical decisions are reasons why mining engineers are nice to have around. I always liked to work with the Sixteen to One geologists and engineers. There is a difference in how they think.

By bluejay
04/02/2010 3:45PM

Native American Saltwork
December 14, 2009 | USGS

“Native Americans of the Miwok tribe in the northern Sierra Nevada, California carved basins into granite bedrock to produce salt for trade. They filled the basins with water from a salt spring and let the water evaporate, leaving a salt residue in the basin.” USGS reports that this is the oldest evidence of business in North America.
______________________________________

Too bad the malfuntioning Water Board appointees weren't in service back then. Can you imagine how the local Indians would have handled them? Messing with mother nature's will along with a self fulfilling rules book could have easily caused them to be the target for a few arrowheads.

By Gordon
04/02/2010 4:34AM

Mike,
To play fair you need to include a bit more information.
What kind of hoist?
What size of drum(s)?
What kind of drum(s)?
What size of rope?
What kind of rope?
How many wraps do you want left on the drum or what is the expected life of the rope?
How is it secured to the skip?
Is the 277 ft the full vertical length to be hoisted or the vertical distance between the lowest level and the tip pocket?
And more?

By bluejay
03/31/2010 5:35PM

From jsmineset.com's website

And The Beat Goes On

California is a greater risk than Greece, warns JP Morgan chief

Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece’s current debt woes.
By James Quinn, US Business Editor in New York
Published: 8:20PM GMT 26 Feb 2010

Mr Dimon told investors at the Wall Street bank’s annual meeting that "there could be contagion" if a state the size of California, the biggest of the United States, had problems making debt repayments. "Greece itself would not be an issue for this company, nor would any other country," said Mr Dimon. "We don’t really foresee the European Union coming apart." The senior banker said that JP Morgan Chase and other US rivals are largely immune from the European debt crisis, as the risks have largely been hedged.

California however poses more of a risk, given the state’s $20bn (£13.1bn) budget deficit, which Governor Arnold Schwarzenegger is desperately trying to reduce.

Earlier this week, the state’s legislature passed bills that will cut the deficit by $2.8bn through budget cuts and other measures. However the former Hollywood film star turned politician is looking for $8.9bn of cuts over the next 16 months, and is also hoping for as much as $7bn of handouts from the federal government.

Earlier this week, John Chiang, the state’s controller, said that if a workable plan to reduce the deficit and increase cash levels is not reached soon, he will have to return to issuing IOU’s, forcing state workers to take additional unpaid leave and potentially freezing spending.

Last summer, California issued $3bn of IOU’s to creditors including residents owed tax refunds as a way of staving off a cash crisis.

"I can’t write checks without money; that’s against the law. My main goal is to keep the state afloat, but I won’t be able to do it without the help of new legislation," said Mr Chiang

By bluejay
03/30/2010 4:04PM

Another torpedo, capital controls hidden in a stimulus bill. The following is from today's the Casey Dispatch:

Capital Controls Are Here?
Two days ago over at zerohedge.com, they ran a story titled “It’s Official – America Now Enforces Capital Controls.” Here’s the story’s lead-in:

It couldn't have happened to a nicer country. On March 18, with very little pomp and circumstance, President Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration's millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more important provisions on page 27, known as Offset Provisions - Subtitle A – Foreign Account Tax Compliance, institutes just that. In brief, the Provision requires that foreign banks not only withhold 30% of all outgoing capital flows (likely remitting the collection promptly back to the U.S. Treasury), but also disclose the full details of non-exempt account-holders to the U.S. and the IRS. And should this provision be deemed illegal by a given foreign nation's domestic laws (think Switzerland), well the foreign financial institution is required to close the account. It's the law. If you thought you could move your capital to the non-sequestration safety of non-U.S. financial institutions, sorry you lose – the law now says so. Capital Controls are now here and are now fully enforced by the law.

After reading through the “Hiring Incentives to Restore Employment Act,” which is actually H.R. 2847, not H.R. 2487 as indicated above, the assessment by zerohedge.com appears to be accurate. Sure there are those who will say that this bill is about “cutting down on tax evasion” not “capital controls,” but I think that’s naďve. Even so, I encourage you to read the entire piece by zerohedge.com (link here) and all 48 pages of the HIRE Act (link here) so you can decide for yourself.
______________________________

One wonders, when will a flashpoint of significance send the message that enough is enough?

By bluejay
03/30/2010 3:36PM

California's coming meltdown will shock the uninformed.

American states going bust!
by Martin D. Weiss, Ph.D.

The great sovereign debt crisis I’ve been warning you about has leapt across the Atlantic and is already starting to eat into the United States.

Already, billions in municipal bonds are in default across the nation.

And already, New York, California, Alaska, Rhode Island, Massachusetts and many other states are exhibiting the same symptoms that pushed Greece to the brink of default: Huge deficits ... accounting tricks to hide debt ... the use of risky derivatives to make up shortfalls ... and millions of workers counting on benefits that states may not be able to pay.

Just this morning, the New York Times reported that, in a desperate attempt to avoid their inevitable day of reckoning ...

New Hampshire literally stole $110 million from a medical malpractice insurance pool ...

Colorado is trying to seize a $500 million surplus from a state workers’ compensation insurer ...

Connecticut has tried to create its own magic accounting rules ...

Hawaii has decided to change the definition of the English word for “week,” cutting schools down to four days ...

California has rejiggered the entire yearly calendar, forcing companies to pay most of their taxes long before they’re due, and ...

Some fiscally sick states have already used the new health care law as a quick shot in the arm — they’re counting the money they’re supposed to get even before Congress appropriates it.
All on TOP of the banking disaster AND the federal budget disaster, and the sovereign debt crisis!

Make no mistake: We are facing a debt crisis and future currency meltdown of biblical proportions. This is the crisis that will impact every major asset class.

By bluejay
03/30/2010 9:40AM

The following is from the opening scene of an X-Files show and spoken by an actor portraying a Navajo Indian.

"There is an ancient Indian saying that something lives only as long as the last person who remembers it.

My people have come to trust memory over history.

Memory like fire is radiant and immutable while history serves only those who seek to control it.

Those who would dose the flame of memory in order to put out the dangerous fire of truth, beware of these men for they are dangerous themselves and unwise.

Their false history is written in the blood of those that might remember it and of those who seek the truth."

By Rick
03/28/2010 6:32PM

Everyone, read Bluejay's words below.

My immediate comment is exactly what I wrote yesterday under the topic 'Which Came First....' (read that, it's crucial.)

While voting is still legal, our duty and recourse and mandate is to kick these effers out.

Anyone who uses their political power to appoint effers to do their dirty work needs to go. The 'president' uses Czars, appointments void of validation with a vote. HOW IS THAT POSSIBLE????

They will only leave when we vote them out, or their Unconstitutional mandates are heard in front of the US Supreme Court. Which, is only going to happen if someone with BALLS and/or a WOMB take it there.

There will be court-fights, lawsuits, revenge appeals, all dependent upon whom they've managed to place into power on the bench. We've seen this first hand in the 3rd Circus Court, and in the 9th Circus Court, and we are on the precipice of tyrrany if the balance of decision, if mandated-policy-purchased-power-appointed-justices trump true Constitutional content in lieu of their contracted decisions.

Supreme Court balance is crucial. We already have a history of politically-motivated "justices" finding words and meaning in OUR CONSTITUTION that they have decided should be there, but ARE NOT, and their political decisions establish rule from the bench.

Any and all of us reading this: we are speaking to ourselves on this tiny tiny tiny forum, as good as it is, but there is a far larger mind that needs to hear from us. We are sharing like-minded ideas with each other while we need to expand our message, outside of the box.

Copy and paste this into any and all blogs you can.

VOTE!!! Speak, write, share, tell, always the truth.

[ Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 | Page 18 | Page 19 | Page 20 | Page 21 | Page 22 | Page 23 | Page 24 | Page 25 | Page 26 ]

Phone:
Fax:
E-mail:

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

Gold Sales:

(530) 287-3540
goldsales@origsix.com

Design & development by
L. Kenez