To: Proud Deplorable who wrote (46757 ) 8/9/2007 5:12:00 PM From: marcos Respond to of 78426 Ah, Cramer pleading, saw that, thought there was something phoney about it ... and didn't some figure that the one on the cnbc site has a part edited out? ... i saw the one on youtube only, don't know ... don't watch that stuff except once in a while at a friend's, don't have cable here, don't really want it Ultimately they'll drop the discount rate and print fiat like crazy, the more the broad market tanks the sooner the time of dropping and printing ... it's just the path of least resistance for politicians, there's a presidential election year coming, and no matter what they say that's what they'll do, drop and print, imho ... makes PMs attractive, i think if a person can keep a collection of quality PM juniors together through this flak, it'll do well ... base metals look a little iffy, outside of zinc, and even there it looks like a flat spot Person can always go out and get his own gold, like EC has suggested a few times ... but, careful about doing this without a ticket from the Powers That Be - 'Illegal gold mining earns man community service 5:00AM Friday August 10, 2007 West Coast Regional Council staff investigating a complaint about water contamination discovered a covert and illegal gold mining operation. John Leckie, 52, of Totara Flat, was yesterday sentenced to 250 hours' community work after he admitted in Greymouth District Court a charge of prospecting, exploring or mining Crown minerals without a permit at Ikamatua, 54km northeast of Greymouth, between August 7 and September 4 last year. He was liable to a sentence of two years' imprisonment and/or a $200,000 fine, but Judge Gary MacAskill took into account the fact that the operation had not yielded any gold, so no royalties were owed to the Crown. The Crown had sought a fine ranging from $5000 to $10,000 to deter others from sidestepping the permit and consents processes but Leckie's financial situation ruled out a major monetary penalty. The court heard that his gold screen was less than a kilometre from the state highway but sheltered from view by hills. He created roads, a pond and drainage system, and had excavated parts of either side of the hill and the valley floor to carry spoil to the tumbler. He had not applied for permits for the operation and had two similar convictions for breaching mining regulations, one in 1990 and another in 2005. The Crown said there were 30 legal gold mining operations on the West Coast and "fly-by-nighters" like Leckie cast doubt on the honest operators. Leckie said he was aware of his obligations but did not have the time or money to follow the onerous permit process.'nzherald.co.nz