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Mining Investment Newsletter...What is with $1 day up for AG on the LME?
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Stationed in London I used to handle MI-5 intel on China. Now I have to admit that the Peoples Republic handling of private enterprise mining ventures is showing Wall Street how it should be done. You are aware that China came from far behind in gold production to be number one today? You are aware that, at this moment, China controls the rare earths needed to make the engines for the leading ‘clean air’ automobile today.

What Wall Street, with all its incredibly bright “entitled” leaders trading bits of paper, for paper, do not understand is that those of us living beyond the global warming bright lights of NYC know that wealth is in the things Creator provided to support a civilization. Real money is either harvested — corn, pork bellies, wheat, fish, trees (animal and vegetable things grown)— or the bounty of resources mined — as oil, or in the development of civilizations through the Copper Age, Bronze Age, Iron Age, and the steel still needed for the now outdated Industrial Age.

pull quoteNow when Information Age resource needs for strategic metals are not being met, other than poker chips for ‘Back East’ insider control of obscene profits from casino capitalism, one has to turn off the boob tube, and look back into history for a clear look at what has happened to a ‘Out West’ industry that helped make America great. Such things as a historic look at a democratic gold rush — that funded a war that broke the cheap cotton cartel’s exploitation of Southern field hands, and children as underpaid apprentices to New England mill workers.

Perhaps you have never thought through the economic dynamics of the Civil War in anything other than black vs. white, but know that the planter classes “king cotton” was a soft commodity when it came to backing a paper Confederate dollar, fighting what became rampant inflation, against the solidity of the bimetalism of gold and silver.

Recently I got yet another of those “underground” e-mails that some claim to be as powerful as the individual-to-individual faxes that helped topple the economic nightmare known as the Soviet Union. The message being that ordinary Americans are economic slaves. When the “masers” of a multinational Wall Street, controlled by people who aren’t paying their fair share of taxes, pull the strings of PACtrociticy, we simple minded free puppets dance in happiness, while waving “Old Glory.”

The e-mail quoted the, “All men are created equal,” slave owner Thomas Jefferson as once wrote, of yet-another politically correct situation of the time:

“I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson, The Debate Over The Recharter Of The Bank Bill, (1809).

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