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Montanore

03/18/17 2:29 PM

#22981 RE: KashGreen #22980

It is a SCAM. That has been proven by many on this board for many years now. As for gold making an epic run, that has been shouted for many years now, too--while gold has gone sideways at best. Bitcoin made an epic run. Not precious metals. Gold should be seen as insurance. NOT an investment.

During the 2008 meltdown, gold and silver also plunged. May I remind everyone that the USA is approaching the $20 trillion debt level. Too many Americans are up to their eyeballs in debt. More than half of Americans are living paycheck to paycheck. Some claim that's much higher. Their credit cards are maxed out. If they had gold and silver they'd be dumping it with both hands. Young people are burdened with extraordinary college debt due to that bubble and they can't find work other than service jobs. This indicates a deflationary environment. Forget Weimar Germany--it was their law that wages kept up with inflation and they printed up money to compensate. Not so here. We have DEBT currency, which means it must be paid back with interest. How can you pay it back if you don't have a printing press yourself? It means debt and debt is deflationary. Real wages for the average Joe haven't risen since the 1990s.

http://www.zerohedge.com/news/2017-03-17/demand-physical-gold-collapsing

But back to BONZ. Yes, it's a scam. NO DOUBT ABOUT THAT! Whoever tells you otherwise is simply trying to blow smoke up some skirts.

A few people can prime the pump to attract buyers, but in the end, they will become bag holders.
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Ronin

03/18/17 2:32 PM

#22982 RE: KashGreen #22980

AGREED! This whole sector is going UP!

http://goldprice.org/gold-price-chart.html

And there is a chance BONZ will make $$$ with all the claims CEO has. Who knows, maybe they will start a reality TV where people from Vegas get to do a day trip to mine their own gold. That'd be a hit!

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“Gold Rush” reality TV series mine near Fairplay eyed by Colorado environmental regulators
Colorado regulators scrutinize mining site connected to a popular Discovery Channel reality show
By BRUCE FINLEY | bfinley@denverpost.com | The Denver Post

http://www.denverpost.com/2017/01/06/gold-rush-reality-tv-series-mine-colorado-environmental-regulators/

PUBLISHED: January 6, 2017 at 9:25 am | UPDATED: January 6, 2017 at 4:21 pm

A Colorado company linked to the Discovery Channel’s popular reality television show “Gold Rush” is facing scrutiny by state regulators for allegedly mining without a permit at a gravel pit near Fairplay along headwaters of the South Platte River.

Colorado Department of Natural Resources Division of Reclamation Mining and Safety records also show High Speed Mining razed 2.4 acres of forest adjacent to an eight-acre pit, which is a focus for upcoming “Gold Rush” episodes.

A state official inspected the mining site — two miles northwest of Fairplay along the Middle Fork of the South Platte — on Dec. 5 in response to a Dec. 1 complaint filed by an Iowa-based critic of “Gold Rush”.


The inspector documented heavy machinery, cleared trees, a heap of scraped-off soil above the river and several “settling ponds” beyond site boundaries. A Dec. 21 letter from division director Ginny Brannon warns High Speed that state mining commissioners — if they decide a violation has occurred — may issue a cease-and-desist order and assess penalties of $1,000 to $5,000 per day for violations.

Colorado mining regulators oversee permits and collect bond money that they hold to ensure re-contouring, re-seeding and other restoration of land hurt by mining around the state. In this case, state officials collected $21,110 — money they say is sufficient to restore the pit.