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Write in Ron Paul for President!
and other possible dreams

David Bond
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. Paul here.

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 Congress.

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 co-dictator.

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 ( 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 Department's coins.

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 their browse.

July 26, 2004
David Bond

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.
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