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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: TobagoJack who wrote (54732)9/9/2009 6:14:34 PM
From: Maurice Winn4 Recommendations  Read Replies (1) of 218057
 
TJ, following up to the script of China officialdom encouragement of gold and silver ownership by its patriotic citizens going back to the Dark Ages and the atavistic Aztec allure of gold, bernama.com

<ZHENGZHOU, Sept 9 (Bernama) -- A total of 13 workers have been choked to death in a fire at a gold mine in Sanmenxia City, central China's Henan Province, the municipal government said Wednesday.

The bodies have been retrieved and sent to a funeral home, reported Xinhua news agency.

A cave-in cut off electric wires and triggered a fire at about 9 p.m. Tuesday at a gold mine owned by Jinyuan Mining Co., the government confirmed.

Authorities earlier said the accident occurred at about 5 a.m. Wednesday.

At the time of the fire 12 miners were working underground, and six fled to safety.

The mine sent eight rescuers down the pit, but seven were trapped by the fire.
>

Meanwhile, in the 21st century economy, no workers in Qualcomm's CDMA/OFDM/Wi-Fi factories died in a fire, or in any other way while creating vast cyberspace riches for a billion people in China and around the world to enjoy.

In the Zenbu realm, nobody died either, but progress continued apace with cyberspace being delivered hither and yon, more and more, bigger and better.

Recommendation - send more gold miners down the mines in China. Get More Gold. Get Gobs of Gold. That will make life better. Dig up the gold. Melt it into ingots, cart it to Hong Kong, put it back underground in expensive man-made caves, guard it 24 hours a day with expensive systems. The gold will do much more good being buried in Hong Kong than being buried in the hinterlands of China along with the bodies of the deceased gold miners.

Well, I try to believe it, but it just doesn't seem sensible. The dead miners would have been more gainfully employed helping ElM install fibre around Angola and building CDMA/OFDM towers to feed cyberspace Smartbooks powered by Qualcomm ASICs, Android, Chrome, etc.

China should give a million gold mine trainees US$100 billion and send them to ElM with their Huawei expertise to dig fibre holes, not gold holes, across Africa. They could be readily taught to build poles too.

Brazil and China could do with some too. Heck, I need fibre here. Send some here.

China is rumoured to have swarms of underemployed people whose lives are wasted digging pointless and lethal gold mines and marching around wearing PLA costumes. Give them something useful to do.

Mqurice
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