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To: BuckeyeTexan

The great secret of mining is that it is the only 100% correlation in economics: when nations mine, they prosper; when they stopped mining, they declined.

The reason is both because a nation needs considerable strength to mine, and that mining creates an economic ripple effect strengthening a nation’s economy.

Ironically, it is almost unheard of for a prospector who discovers a mine to become wealthy. Everybody else benefits, but prospectors don’t.


12 posted on 10/28/2008 6:04:25 PM PDT by yefragetuwrabrumuy
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To: yefragetuwrabrumuy

Interesting Biblical Hebrew tie-ins Edom is the land where Esau settled and the name is related to the Hebrew word for red- A close reader of the Bible might have predicted that the red metal that was essential to the bronze age would have been found there.


13 posted on 10/28/2008 6:30:59 PM PDT by Yaacov
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To: yefragetuwrabrumuy
Ironically, it is almost unheard of for a prospector who discovers a mine to become wealthy.

Really? Kind of sad.

19 posted on 10/28/2008 8:26:45 PM PDT by AndyTheBear (Disastrous social experimentation is the opiate of elitist snobs.)
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