Finally, the point of my seemingly random rambling!

Even though I am 70-years old, it looks as if I will have to go back to the basics, making money the old fashioned way. True wealth is not created by the magic of sly thought. It takes hard work, harvesting corn and other grown crops, trees, fish, or pumping oil, or sifting through soil to unearth gold and silver.

If you follow the silver mining claim link on the previous page, you will find an economic geologist’s proposal, approved by the unfunded U.S. Office of Mineral Exploration, to drive an adit into known high-grade ore, to bootstrap the drill program I have had such little success getting funded. In ways, this simple solution could be accomplished underground, in an Alaskan winter by a few tough men, snowmobiles, a medium sized cat, compressor, jack legs and drill steel, and mucker. I already have a Chinese buyer for concentrates that could be hauled by cat-train to the Kuskowkim River for barging to Nanking, China, which is actually closer —thanks to the polar route — than Los Angeles, which does not have a smelter anyhow.

However, in developing my DYI biz plan, I have run into one small problem. That is, given the volatility of the futures market driven price of silver for no apparent reason at all, how does one forecast a profitable return a year or two away? Fortunately my ore is galena, containing zinc, lead, copper. Over the years these almost ignored, politically, and big city environmentally incorrect commodities, have been slowly raising in value to the point the Win Group of Claims should almost be called a zinc/lead mine. This fact should alarm users concerned with above ground supplies of AG (silver), but for someone who is supposed to be benefitting from the futures supply side of the silver market, I am grateful to have a long term base metal position to cover the hard costs of infrastructure (air strip and access road) and mine and mill concentration equipment.

In the past, individual American future traders have known through US government agencies such as the CFTC (Commodities Futures Trading Commission) and the COMEX (US Commodities Exchange) published statistics reporting that the total "short" positions in silver amounted to twice the amount of the yearly production shortfall. Apparently this was accepted as an incentive for prospectors /miners to get busy, and that “sophisticated” futures traders knew that at closing, one party of the transaction would win; the other loose. Sort of like flipping a silver coin. For background read the futuristic article “Nuclear Silver” by Alex Wallenwein, published on-line originally in 2002, when silver was at $5.

With a growing number of  Baby Boomer investors looking to build a retirement fund, that have never experienced financial hardships, it has been difficult to compete for the funding of rock solid capital being thrown away by “lip flapping, cut and paste, tap dancing, financial experts” who have been supporting all sorts of high return Ponzi schemes through spin-doctoring on media controlled by the multinational corporations proving they are too big of school yard bullies to be slapped across the face.

I think those investment advisors who helped create the mess we are in today, with thousands of homeless children on the streets, wondering if they will really be left behind for a lack of schooling, should be handed a history book, and then tested to see if they want to keep their license, before a jury of those who have lost big on their 401Ks retirement program.