Write in Ron Paul for President!
and other possible dreams
Jul 27, 2004
Wallace, Idaho - What is wrong with this lard-assed
former Republic of ours that out of 435 Congressional districts
we can manage to elect only one Ron Paul? One in 435? The only
longer shot than that are the odds that U.S. troops will be out
of Baghdad in time for Christmas 2010.
If you're reading this website you most likely know who Rep.
Ron Paul of Texas is. On the off-chance this is a first visit,
or you'd enjoy a refresher course on the only sane and honest
man in the U.S. House Chamber of Horrors (there's a word that
closely rhymes with "horrors" which also capably applies),
you can read the extensive biography and bibliography of Dr.
Ron Paul is for our purposes an unflinching hard-money guy whose
relentless, one-man crusade (one in 435!) against the Federal
Reserve Bank is legendary. He is a Silver Guy. He is a Gold Guy.
He is one of us.
But he squanders his talents and his efforts in the Chamber of
Horrors. He is outnumbered, hopelessly awash in the putrid sea
of fear, lust, stupidity and greed we call the United Snakes
However, he could sure do some good as President. So let's write
him in. A quiet, no-cost, word-of-mouth guerilla campaign to
seize the White House from the vipers, lizards, charlatans and
thieves who either seek to occupy it or occupy it now. No campaign
HQ, no budget, no FEC, no fawning Dan Rather interviews. No billboards,
no stinking TV ads, no photo-op debates ad nauseum.
Face it, folks. The world will not become a better place if Teresa
Heinz Foundation (a/k/a Tides Foundation, Sierra Club, Mineral
Policy Center, Greenpeace, ELF, etc.) and her running mate, the
Association of Trial Lawyers of America, become dictator and
It will not become a worse place if Haliburton, Arab-American
Oil Company (Aramco) and Skull & Bones are usurped. Nothing
will change except the manner and nature of our doom. No different
than lipstick on a pig.
But a Ron Paul presidency could and would change things - and vastly for the better. Alan Brownspan and
his central-bank circle of connivers and crooks will flee so
fast the hounds can't catch 'em, like scalded cats, the minute
Paul takes the Oath of Office. And with silver and gold back
in our money - as commanded by the Constitution - we would get our Republic back.
So just tell a friend, and write-in Ron Paul for President on
November 2. No need to be noisy about it; no need to sign one
of those interminable "Draft Ron Paul" internet petitions.
Just do it. Five percent of Americans (that means you and me)
invest in precious metals. Quietly persuade just 10 of your non-investing
associates, and we will have ourselves a majority. A bloodless
coup will be accomplished and a century of central bank slavery
will be wiped from our lives.
And silver, gold and integrity will return to their rightful
command of America's money.
Now, on to other possible dreams.
Silver (and Silver Valley) bulls that we are, it would still
have been difficult two years ago to imagine the likes of what
we have seen over the past 12 months. Sterling Mining's (SRLM)
acquisition of the Sunshine Mine here turned out to be merely
the starting-point of what now appears to be a long (second century
long?) boom in this silver camp.
There's a Silver Rush on at the Shoshone County courthouse; more
than 200 mining claims were filed there in a single day recently,
with no let-up in sight! Sterling continues to consolidate its
land holdings around the Sunshine, most recently with its lease
of Merger Mines' (MERG) acres of patented silver ground between
the Con-Sil (also Sterling) and the Coeur silver mines. A little
further away, New Jersey (NJMC) has struck real gold at the Golden
Chest Mine in Murray. Real estate values up and down the Silver
Valley are on a sharp rise, yet still pennies on the dollar compared
to the bourgeoisie ghettos of the coasts.
We would not two years ago have taken your wager that no less
a bright guy than Al Korelin of the Korelin Economics Report
would, on a national radio and web broadcast (http://kereport.com)
liken our little Silver Valley to the pre-computer boom Silicon
Valley of 20 years ago, only without the already-high prices.
But then again, why not? Here we sit, on a 2-billion-ounce reef
of silver, catch cuts with an Addams fly out the backyard, bag
an elk up the hillside, gaze at more varieties of butterflies
than any other state, inhale the oxygen from a million larch,
cedar and doug fir, watch the tamarack flash orange at the approach
of fall, and when we really must tear ourselves away from those
distractions, light up the cell-phone and plug in the broadband,
or book a flight with Air Wallace and go see a play on Broadway
four hours away.
Amazing, all this beauty perched atop such a mound of underground
silver wealth. The geology of this camp is like virtually no
other - hence its longevity and its future
promise. Nature salted out vertical Precambrian faults with so
much silver that we've surpassed Potosi and Comstock combined
in our first 120 years - 1.1 billion
ounces! - and there's not a geologist conversant
with this district who doesn't believe another 1 billion ounces
of silver remain in the so-called Silver Belt, accessible from
the existing workings of the Bunker Hill, Crescent, Sunshine-Con-Sil
(SRLM), Coeur, Galena, Caladay (all CDE), and Lucky Friday (HL)
mines. Not to mention enough lead, zinc and copper to take some
of the pressure off the Asia-driven market for industrial metals,
all the while providing enough silver for President Paul's Treasury
And we're really only talking one-half of the district, here.
We had the pleasure of a leisurely breakfast with mine-finder
extraordinaire Justin Rice this past Sunday at the Brooks Hotel
in Wallace - home of the best breakfast deal in
town: two poached on toast with bacon for $3.25, and they accept
10-sterling silver coins for payment in lieu of those flimsy
flammable paper Federal Reserve Nots.
During his decades of tenure as head of CDE, Mr. Rice brought
the Coeur silver mine here, and the Rochester Mine near Lovelock,
Nevada, into production. The Coeur has served up 40 million ounces
of silver; the Rochester, more than 100 million ounces plus 1
million ounces of gold. So he is no piker when it comes to sniffing
out precious metals.
The tetrahedrite (silver-copper) veins in the Silver Belt, host
of the aforementioned Coeur, Galena, Caladay Sunshine, Con-Sil
and Crescent silver mines, pinch out abruptly as they approach
the east-west Osburn Fault from the south. Step north across
the fault and you're in completely different rock. But Rice,
and geologists going back to the early teens of the last century,
believe there was a 12-mile slip along the Osburn Fault a billion
or so years ago, so that veins in the Sunshine or the Galena
that pinch off so abruptly there might pick right up again at
some displaced location north of the fault.
He has formed Silver Royal Apex to go looking for a new Silver
Belt north of the fault, and if we know Mr. Rice, he might just
find one. He has already found quite a bunch of tetrahedrite
in a very unlikely place north of the fault. So in addition to
the billion ounces still in the ground south of the Osburn Fault,
there might be another billion or two immediately north.
We are not ourselves experts in these matters, but Mr. Rice (and
there are others, to be named at a later date) certainly is.
We don't have much of a nose for raccoons, either, but when we
see a hound's nostrils flare and he drops into four-wheel-drive-and-studs,
we may be forgiven for assuming there's a coon nearby.
The Silver Valley will be a good place from which to watch the
Democrat and Republican National Inventions. One feels a little
safer and a little saner viewing them from afar, sitting here
secure atop our heap of money-rocks, as the elk fatten up on
July 26, 2004
David Bond covers gold
and silver mining equities for a number of national and international
publishers, including Platts Metals Week, a division of McGraw-Hill.
He lives in Wallace, Idaho, heart of the planet's richest silver
fields, the Coeur d'Alene Mining District. He is former editor
of the Wallace Miner, and holds regional and national firsts
in investigative journalism from the Atlantic City Press Club
(National Headliner) and from the Society of Professional Journalists
(SDX/SPJ) and has edited or written for newspapers on both coasts,
Canada and Alaska.