As, actually coming to the mountain seeking a gold and silver guru with 60-years of field experience to insult by demanding, "I am looking for an operating gold mine I can buy for no money down". Such search queries are usually directed, for free, to the Erich Maria Remarque novels detailing hyper-inflation, as The Black Obelisk, and other books Hitler burned defending his promised economic system destined for failure (along with Tojo) by not having the natural resources to fight a global war without stealing from others.
However, when the question is, "Why are some of my forward looking mining stocks doing so well, when actual producing gold properties are going bankrupt?" my being born in the First Great Depression; and experiencing WW2 rationing points; Truman's OPA [Office of Price Administration]; and the 1950's OME [Office of Minerals Exploration] in support of minerals stockpiles needed for national defense ... well guess what, I do have an almost geologically slow moving time-line awareness of what is happening today with flash trading.
Add to that, I am one of the few small mining supply side business operators (concentrating on finding AU, AG, ZN, CU; surviving through the peoples Mining Law of 1872 trumping SEC bankers regulations) which OMG is not the same for FBO, ETF swing trading, TSX pump and dump deal, and the LPB of Limited Purpose Banking, recycled from the London Prime Bank financial engines that pioneered platform trades returning a French "slice", or tranche, or the issue of bonds (zero interest) derived from a pooling of like obligations as mortgage debt.
"Ah so", from this guru to lotus-eater investors. Perhaps you need to do your own due diligence defining if operating gold mines go broke for real, or if it was just a simple way to get rid of "dissident" share holders who didn't understand that the absolutely worst thing which could happen to a supposedly valid mineral prospect controlled by absentee owners, is to actually "make gold" that doesn't come anywhere near the Promised Ponzi ROI payday.
And fair warning, there is no simple quick sound bite talking head "trust me to be correct" answers here. You will have to spend some time reading documentation to get anything from this free information that in the past has only lead to my www.MiningMagazines.com business that grew out of this "newsletter" being spoofed, and phished for misdirection to an anonymous list of 400+ legal (?) misdirection links most from the Ukraine, Russia, China, and un-pingable changing USA addresses in New York, no wait, Chicago, nope, make that LA, Zip OU812.
So hello artificial intelligence challenged spam harvesters. You may find that the "sensitive" information from my old fashioned philosophy from the beginning days of the Information Age, is that only full disclosure information in the World Wide Webs' largest library will sell. This used to be called doing your homework. And this is why we have switched to presenting qualified projects and properties in locked against any harvested copyright changes in Adobe Acrobat PDFs delivered from a virus free secured server. They may take a little bandwidth to download, but perhaps well worth your time to reach a hidden e-mail address and phone number.
For now, know there is a required readjustment in altitude coming for some high flying speculators of the London Metals Exchange [LME] and [LIBOR] multinational banking thinking, now being crushed under a Brexit of leveraged casino capitalism. As was the anonymous "Brit English" blog accounting system for BitCoins that was "hacked" at the same time to "accidentally loose" a third of it's value overnight.
Unfortunately the only "band aid" to live through a death by derivatives devaluation is printing even more credit default swap debased currency that has absolutely nothing to do with the real values of a "creator's gift" of the wealth of the Earth that we all need to survive. Thanks old chap for crossing a London bridge too far. It truly is falling down, and millions will drown underwater on the changing tide of deception.
Yes, default on manipulated values is coming. It also truly is all not Europe's fault. Our Chicago based futures market afflicted pork bellies smoked for food safety storage preservation, have turned bacon into a luxury food item. By driving those despised Mid-West swine herders into bankruptcy using NYSE approved bear and bull market flash traded tactics, into a venue where only the hogs win, they are proving again you are what you consume in mass quantities.
Further West, where winter wheat harvests suffered abuse by big multinational corporate gmo-yo-yo manipulations devastated the economies of the Pacific Northwest, that soon became Bernie Sanders / Elizabeth Warren / Glass-Steagall Act reinstatement fans calling for a defense from the "flipping us off" without a care one percent.
Todays minority moneyed class seems to have forgotten the DUH principle of "Don't Understand History" by kicking the can down Easy Economic Avenue to a fork in the road decision of sensible, though painful Recovery, or a National Socialist German Workers' Party style chaos of fighting the Union of Soviet Socialist Republics. Forget about thinking of extremest far right, or far left, for if the hard line was bent into a compromise circle they both would meet at the top where 10% would rule a totalitarian world.
As with the mobs ruled in the French "let them eat cake" revolution. And, the non-Soviet Russian Revolution of 1905. And, the anti-Wall Street movement mobs that harassed market maker and Chairman of the Board of Directors of the Securities Industry Association, Bernard Madoff, trying to sneak back into the sanctuary of his luxury condo tower/prison to console a wife who had been forced to ride the subway for a news photo "apology" opportunity.
It also should be noted, as the securities industry press likes to forget is that Madoff, perhaps because he and accomplices only stole $65 billion, was also a NASDAQ Chairman, and more importantly to this piece, was a Founding Board Member of the International Securities Clearing Corporation, in London.
And then there are the DUH politicians who somehow think greatness in government is the opportunity to repeat the First Great Depression mistakes, by repealing the Glass-Steagall Banking Acts of 1933 to bring back TARP tactics that only rewarded illegal "inside traders" of only five mortgage money sources(?), and ironically enough(?) the London offices of the so called "American Insurance Group" that received such a lovely bonus payment cheques direct from the US Taxpayer.
Which again brings us back to Brexit London, where I hope some of the flaming twits mucking up the world economy are being drawn and quartered, times X, in the collapse of the value of what used to be a full weight measured pound of a sterling POUND of silver. FYI: sterling is an alloy of silver containing 92.5% by weight of AG and 7.5% by weight of other not so precious metals as ZN, and CU. Both that held more of a stable market price than the $19.70 OZ AG, and the £1.30 USD this date. that the AG by the English Pound Sterling being worth, less the alloys, at close of business today of only measuring $218.67 in a silver bullion bar.
My experience with the value of the Pound dates from the US silver dollar days before Richard Nixon took us off that standard of hard currency, while stationed in London, in the 1950's Cold War, working directly for USAF SAC Commander Curtis LeMay in one step above top secret photo-intelligence unit, liaising with MI6.
What I learned then about the value of silver, has not changed. The Pound, which was measured in twenty 20 pennyweights to a troy ounce units of Shillings, awkwardly divided from 12 troy ounces per troy pound, where their copper penny was a half-dollar size coin with a monarch's head on one side on a coin toss callers winners hidden "heads I win, tails I loose" advantage.
The troy ounce is heavier than a postal scale avoirdupois ounce, but as the troy pound only has 12 heavy metal troy ounces, this almost equals out to 16 ounces a bathroom scale, a bit on the light side. Which is makes for a guaranteed bar bet that a pound of goose feathers weighs less than a pound of gold... no matter what the daily price for paper.
That "2 shillings/ 6 pence" coin was locally called a "half-dollar" for the WW2 priced 'Yank' value of a $5 Pound. To those of us not very nice young men dealing with a $2.80 Pound, there still was opportunity in building a illegal photographic silver film developing system recycling recovery vat that would electroplate an almost pure copper penny into a nickel-silver 2/6 coin (worth 35¢) when slide across a publicans counter to trade for for two pints of beer that made US "chicken feed" brews of the time turn paler than they already were. The old penny (1d) was a coin worth 1/240th of a pound sterling today, or .005 USD at close today, on a recoverable metal value of 5¢.
The point is that my WW2 Brenton Wood supported enlisted man's salary, with a 'hardship' station allowance, was enough rent a Elizabethan beam and plaster four room bungalow, complete with formal dining room and library, on the upstream "posh" side of the Thames. At 18 years of age my $56 dollar per month estate even included a full time Polish refuge calvary officer gardener, and a punt to putter about with from an incredible river frontage access.
But then Richard Nixon (R) took us off a silver standard to support FDR's (D) Keynesian thinking on a gold standard. You know, our natural resources treasure house that allowed a private in the US Army just before the Civil War of "greenback fame" to be paid in 16 silver dollars per month; and the same rank just before WW2 to be honored with a 18 silver dollars per month payday where they advanced in line in a parade rest, then one step forward to finally salute, and sign acknowledgment for a physical delivery.
Care to guess what such a "rent controlled by station allowance dollars" up-scale experience would have been worth a in an unfettered felon London few months ago? Care to risk a judgment today... after yesterday's reporting of England's poshest of real estate investments had fallen 1/3 overnight in what where considered "real values" right along with the Bitcoins fiasco.?
The history lesson that need to be repeated is that the value of shelter, measured against the coin of the realm might have different values, at different times, and the long-term preservation of a family's wealth requires a little more thought than just remembering a financial advisor, or stockbroker's phone number that introduced you to the Bitcoins that mysteriously came out of Europe, invented by an untraceable Satoshi Nakamoto who just took an obviously programmed hackers hit for billions! According to Wikipedia the British English spelling and terminology (such as the phrase "bloody hard") in both source code comments and forum postings, led at least to a Commonwealth origin.
Which is slightly different than the secret western US password to survive the LME is "in-place" hard asset natural resource values. Where "bloody hard" means the physical asset is in the bank of a Bonanza Creek, and will take "x" capital expenditure to extract at a profit?
Or was that a "hard luck old chap" translated from Old English Land Lord-ese class, dealing with the Old French "Mort", or the death of big bank mortgage systems that have failed so dramatically since frugal savings and loan institutions were plundered by credit default swap experts. In part by American International Group, the "AIG" the federal government bailed out for their $180 billion mistake for tricking American investors that an insurance company that started in Shanghai, could actually fail for not having the assurance of the American public. Didn't they at the the AIG Building, 58 Fenchurch Street, London, learn anything from neighbors Lloyd's, of One Lime Street, London?
As the last of the independent prospectors (sort of the oil industry wildcatter that also has disappeared) lately I have not being able to offer more links to bona fide precious metal prospects offered for sale, lease, or joint ventures. Lately these inside knowledge opportunities seem to have vanished into a Regulated Blue Sky. Most likely by those who actually rule by owning gold in the ground, are following the lead of big industry corporations buying back their own stock (running the numbers up on big boards) to survive a coming readjustment of paper currency, and perhaps another Great Recession... remembering that the Great Depression had two.
The breaking news for the dumb bearish attitude of "you too can buy an operating gold mine for no money down" appears to be over, just as the natural, predictable, timing cycle between gold rushes is long overdue. The coming gold rush is to find half-way valid opportunities too good to be explained away by a CEO exiting via golden parachute to make money by going bankrupt, or engineering a "merger".
Meanwhile in the 18 states open to mineral entry claim staking of un-appropiated lands by US Citizens, foreign multinationals have created a situation where miner's children in tax revenue poor Nevada counties have a difficult time attending grade school; in nearly bankrupt California small mining investors a kept from competing with foreign control for not belonging to an approved corporate club requiring a $1 Million "qualified status" to become a defender of widows and orphans; and Alaska, which is already a foreign cruise ship monopoly, has been overrun by free-trade Canada's TSX 43-101 certification standard discriminating against US mining professionals to the point that Vancouver venture pump-and-dump juniors have a revenue stream of selling EB-5 green card visas to Asian nationals.
Therefore I only have one really valid prospect to offer readers right now, who trust our reputation that all that is involved here is a one-time "placement fee" for exposure on a prospect that cannot advertise stock shares for sale. Dan and Cindy are out working their claims, and hard to reach right now. So please realize we are not finder-fee brokers holding back offers for a larger fee. Do not call us for more info.
Click the cover of this 19 page PDF containing maps and reports read on-screen, or download for a paper trail record.
I know this property well for having been a neighbor in the run-up of gold in the 1980's, before the invasion of Alaska by the the Green Card People. Please note I am not color prejudiced. It happens that good or bad breeds are worldwide, past the American Mulefoot. Internationally there are the British Landrace, Poland China, Lithuanian Native, Vietnamese Potbelly, German Pickled Swine Snout.
All of which shows for rock solid safe long term investments ... "Go West Young Man"... taking along European R&D thinking in Nano Chemistry. Northern England and an even smarter Scotland have a non-proprietary lead in super ECO cement, and hydro power from the tides of the North Sea.
And from a solar Switzerland of Albert Einstein photovoltiacs. A major part of a Nobel prize for thinking we are still trying to understand. As how nano Si silica sand works best in third generation thin film solar where gold may hold an important role as a catalyst. And in gutter to gutter rain harvesting of fresh water with a smart roof (where as silver solar has a 30-year track record on not wearing out) to hide precious mineral wealth in plain sight. All of which will be part of climate change survivable net zero 22nd Century housing.
Being I am, as am, for now, the individual owner of 500 Millions tons of nepheline syenite, I can freely offer to sell a unique, eco safe, non-toxic, in-place ton of a naturally soluble SiO2 (Silica) 59.62% and AL2O3 (Alumina) 18.60%, as being sold in face powder size nepheline syenite in China for $250.
Obviously the best return for such a deposit would not be a spreadsheet based platform trade, over that of developing an almost franchise, nationwide marketplace bigger than what 3M could achieve with their AAC walls out of a smaller deposit in New Mexico.
Clicking on this 53 page paper, dividing the mountain into 3 existing permitted quarries, with the lead for filing a US Forest Service Plan of (value added) Action (yes or no in 6 weeks) on FoamKrete.com, will show that selling more, will earn more, for offering an affordable housing material that is forest fire / flash flood safe.
Clicking on the banner button above leading to old editorials warning about the possability of a "dot com failure" and of a coming collapse by a sub-prime mortgage "housing bubble bursting", will lead nowhere for now until I find the time to repair vicious hacking attacks that crippled my MiningMagazines.com "empire".
Problem is at 77-years, I would like to semi-retire to publishing more books, as The Prospector memoirs to fit on a shelf next to my Search For A Shadow. Anyone want to help me out by taking over the magazines... including www.USAtravelMagazines.com?