Mining Gold versus Buying Gold ( until the Gov. shuts it down)

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Ken C's picture
Ken C
Status: Platinum Member (Offline)
Joined: Feb 13 2009
Posts: 753
Mining Gold versus Buying Gold ( until the Gov. shuts it down)

It is clear that the bankers want to keep the debt based system in place and a threat to that system is for the people to be able to acquire real money in the form of gold. One way historically to do that was to go out and find your own gold. The Mining Law of 1872 and the Mineral Estate Grant of 1866 provides a vehicle for the average person to prospect for and stake a claim to mine gold. There is now a concerted effort by some in congress to undermine those laws. One can only conjecture if the real forces behind it are the bankers.  The Rahall bill HR 699 currently working its way through congress would effectively shut down all small scale mining and eventually all large scale mining in the U. S. Here is a link to a discussion on the ICMJ forum about HR699 along with an excerpt.        http://www.icmj.com/article.php?id=5...ing_in_the_U.S.

Rahall Proposes Bill to End All Mining in the U.S.
by Scott Harn
March 2009

Nick Rahall, chairman of the House Resources Committee, reintroduced mining reform legislation in the House of Representatives on January 27, 2009. The Congressman has obviously been away from real work for far too long. H.R. 699, the Hardrock Mining and Reclamation Act of 2009, should be labeled H.R. 666 because it appears to have been written by the Devil himself. If it passes as written, it will completely destroy an entire industry.

Here are a few “highlights” from H.R. 699:

Casual use would be redefined to allow only those activities that do not cause “any disturbance of public lands and resources 

Any Disturbance” ???????? If you walk on the land you cause disturbance. Here is a link to a discussion currently on-going on the Alaska Gold Forum.  

http://bb.bbboy.net/alaskagoldforum-viewthread?forum=2&thread=242

  

As part of this discussion some mention is made that perhaps Hillary Clinton has somehow told the Chinese that U.S. public lands might be used as collateral for their bonds. Before that could happen the miners with claims would have to be evicted from their gold mining claims. The U.S. government has done similar things. When they decide that they want something – they find a way to take it.

 

Ken C's picture
Ken C
Status: Platinum Member (Offline)
Joined: Feb 13 2009
Posts: 753
Re: Mining Gold versus Buying Gold ( until the Gov. shuts ...

 

 Gold for Bread in Zimbabwe

With the hyperinflation in Zimbabwe the Zimbabwe Dollar is now worthless.

I just watched this youtube video about panning for gold in Zimbabwe. Gold is now the preferred currency and those that can go to the mountains and rivers to collect what gold they can to buy the necessities of life.

 

 

 

clambson's picture
clambson
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Joined: Mar 16 2009
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Re: Mining Gold versus Buying Gold ( until the Gov. shuts ...

You and Harn are being a trifle alarmist. HR 699 brings hardrock mining registration, royalties, and clean-up in line with what's required of other mining industries, and in fact, the royalties will remain lower on hardrock mining than they are on other types of mining. Relax a little.

Ken C's picture
Ken C
Status: Platinum Member (Offline)
Joined: Feb 13 2009
Posts: 753
Re: Mining Gold versus Buying Gold ( until the Gov. shuts ...
clambson wrote:

You and Harn are being a trifle alarmist. HR 699 brings hardrock mining registration, royalties, and clean-up in line with what's required of other mining industries, and in fact, the royalties will remain lower on hardrock mining than they are on other types of mining. Relax a little.

 

Even though it is called Hardrock mining it will also apply to placer mining. The way it is written the law will make it next to impossible for a small miner to meet all of the requirements to be able to mine at all.

If any law can be abused it certainly will be abused by the functionaries and beaurocrats that  administer the law.

You saw the part where the law says "any disturbance". This would include dipping a pan into the gravel, picking up a rock or even walking next to a creek. I assure you that the local BLM or Forest Service Ranger will interpret it to mean this. Unfortunately many Forest Rangers think that the national forest is the national park.

 

If a small miner creates "any disturbance" then they to must meet all requirements and all permits and paper work of a large mine. Not possible for the average person. This is not an attempt to collect royalites it is an attempt to close down mining.

 

 

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