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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (54653)	9/8/2009 2:43:14 AM
From: Maurice Winn	2 Recommendations Read Replies (3) \| Respond to of 218090

TJ, iron oxide sands have been sloshing around the west coast of NZ for all of human history. New Zealand Steel started business in the early 1970s collecting it and making it into steel. In the early 1980s the plant was expanded. It's not a matter of digging it up so much as vacuuming it up as a slurry. On some beaches, it's almost pure iron oxide. On others it's less concentrated. Environmentalists would probably say the beaches of the Awhitu peninsula should be protected. I was fascinated to dig around in the most concentrated iron sands a decade or so ago. It feels like money just sitting there. I have collected some [decades ago] and pondered turning it into good stuff. <The undeveloped potential of New Zealand's mineral wealth has moved into the spotlight as the government looks for ways to match this country's standard of living with Australia's often called the "Lucky Country" because of its mineral wealth. > The way to increase NZ's standard of living is to ditch bludger entitlements, forget the hunt for found wealth - mainly in deposits of OPM, fire Helengrad and swarms of kleptocrats, deregulate all sorts of things [such as compulsory tree worshiping laws], cancel CO2 jamborees, ban overseas travel by government spivs, deregulate the medical cartel, and the lawyers, repeal victimless "crime" laws, make organ donation compulsory for certain categories of criminals. There is lots more too, but that would make a good start. You could have made a bundle shorting NZ$ from 83 down to 50. Now it's back to 69, it's time to whack it again. Debts have been increasing even as ability to pay has been declining. Mqurice