Shares in Mexican miners and companies with operations in the country were severely hit this week, as leftist President-elect Andres Manuel Lopez Obrador is expected to approve proposed legislation that could restrict mining activity in the country.

Early this week, parliament members belonging to the National Regeneration Movement (MORENA) party tabled bills to include environmental and indigenous community protections in the proposed revision of Mexico’s mining code.

MORENA and its allies hold majorities in both houses of Congress.

The new set of suggested rules already included tax hikes, but this week’s events increased investors’ worries over the future of existing operations, especially if conditions were breached.

cont. http://www.mining.com/mexican-miners-already-hit-proposed-changes-code/

the HOT AIR coming out of DC is down ,therefore a ICE AGE is coming..Niagara will freeze over ..its done it before  ! 1911,     1937         https://www.youtube.com/watch?v=TRhG1OFWoFM

Wikipedia Commons

Written By: Jason Samenow June 18, 2017

UNEP Chief Booted Over Excessively High Carbon Footprint

If the DOW goes down 1K -1.5K Gold goes up $50-100.

My take…

area…comex gold will only be down about $5–at that point I will buy–outright–20K or 30K JNUG

Guess we have to give up all of Wednesday gains. The scum rarely misses a chance to trash us when they know volume will be light.

the campers assembled in Chicagos union station and we took a train that made an unscheduled stop in the middle of the woods…we all got off and walked about 1/2 a mile into the camp-I went there 4 seasons-1950 thru 1953-we had our own car-I wonder if it was one of the Milwaukee Road runs? The camp was 7 weeks and cost $500 total–the theme was indian–as were most camps in those days-wild blueberries and strawberries were in the woods surrounding the camp…as were bears and water moccasins, occasionally, in the lake…copper heads, too…

Trump says he/they got the Arabs to lower the price. If that true they must be trying to over ride higher Fed interest rates and a slowing economy. If its a natural decline its predicting or reflecting a big slowdown in global transportation of $4 drivers across 12,000 miles of land and ocean. Most likely or a combination of many things. Somethin big is gunna happen.

@Maya, re Train photos, they are neat, especially the ones going thru scenic areas of the country. They remind me of when we were kids, late ’50s I guess, an old vintage locomotive used to blast thru our local train station without stopping every day at 4:25 PM. My brother and I used to go on top of the trestle, used for people to cross over the tracks, and wait for it to pass right under us with all that noise smoke or steam  shooting up.

Agree, energy is definitely “scary weak” as you say.

Gold seems to be creeping towards flat as the SM opens, but we’ll see what happens.

All eyes on the pm stocks this am, because if we start to see some strength, we might have seen the bottom in the last couple of months.

The energy sector is scary weak……with Gold ‘relatively’ stable…that shud be good for PM stocks…..I know, I know…I will no go and wash my mouth out and lie down in a dark room, until sanity returns.

I see SM is looking crap…again…so PM’s have to be hit as well…..looks like the new game.

Energy is getting crushed, a little surprised it’s not worse yet for pm’s

Oil down 5%, Nat Gas down 3%

USD up a little, rates down. They’ll probably try to hurt us on a light day.

Well, mm3, California has a lot of good looking trains, so I post ’em.  But my train roots are way up north by the great lakes.  In fact I have some French Canadian ancestry.  Grandpa was from Quebec.  And this is the train I knew as a kid…. “The 400”.  So named for the 400-minute schedule it kept between Chicago and Minneapolis/St. Paul.  This stop is somewhere along the way.

I filmed a street name in Cambria that has my last name. As for Coalinga, that place stinks…

At one time I lived in Cambria Pines CA close to Hearst Castle. I was a real estate salesman for United Farm Agency and also a Notary….just trying to get my business feet on the ground. My Dad was a restoration worker at Hearst Castle and my night job to put food on the table was the night janitor for Cerritos Restaurant in San Simeon. I next lived in Morro Bay and worked for an 85 year old real estate broker; sold a 1018 acre ranch for him in Coalinga CA and promptly got cheated out of the commission, but that’s another story. Small world my friend. Thanks for the memories.

I remember well my visit to Hearst Castle, filmed in this vid, Hope all you Yanks had a good holiday..

Lol.   That’s funny.

A pair of New York legislators is drafting a bill that would make social media history checks part of the process of purchasing a gun.
Under the legislation, gun purchasers would have up to three years of their social media history potentially scrutinized by authorities, New York outlet WCBS NewsRadio reports. The internet search history of prospective gun buyers would face searches going back up to one year.
“A three-year review of a social media profile would give an easy profile of a person who is not suitable to hold and possess a firearm,” said Brooklyn Borough President Eric Adams, who has proposed the legislation with New York State Senator Kevin Parker.
Adams described the searches, which would involve scouring social media posts for hate speech, as basic police work.
“If the police department is reviewing a gang assault, a robbery, some type of shooting, they go and do a social media profile investigation,” Adams said.
There are some obvious flaws with the legislation.
This bill is closer to what one might call pre-crime, an idea that has served as a plot device in dystopian literature for more than half a century.
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First, comparing the search of a prospective gun buyer’s internet history to routine police investigations is odd. When an assault, robbery, or shooting occurs, police are investigating a crime. That is not the case with someone trying to buy a firearm; the buyer is simply trying to make a lawful purchase. This bill is closer to what one might call pre-crime, an idea that has served as a plot device in dystopian literature for more than half a century. (The 2002 Tom Cruise movie Minority Report, a story that centers around a state that has figured out how to stop crimes before they happen, was based on a 1956 Philip K. Dick novel.)
There is also the issue of privacy. Peering into people’s search histories and social media posts is a highly invasive act. Some social media pages are public by design, but others are not. Would authorities be able to snoop in these? Presumably so considering the legislation would allow authorities to snoop in the search histories of prospective gun buyers.
To deny someone a fundamental right based on the state’s interpretation of “hate speech” would be an affront to constitutional principles.
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Additionally, there is the issue of defining hate speech, a notoriously nebulous term. (Europe has already shown where the road of state-regulated hate speech takes us.) What authority would determine what speech qualifies as “hateful”? To deny someone a fundamental right based on the state’s interpretation of “hate speech” would be an affront to constitutional principles.
The right to bear arms and free speech are arguably the two most fundamental rights enshrined in the US Constitution.
These are rights beyond the reach of government.
“…the Bill of Rights does not come from the people and is not subject to change by majorities,” wrote Walter Lippmann. “It comes from the nature of things. It declares the inalienable rights of man not only against all government but also against the people collectively.”
The only thing New York lawmakers are missing in this misguided effort, as Walter Olson quipped at Cato, is “for New York to quarter troops on the homes of applicants with especially bad social media postings.”

https://fee.org/articles/new-york-lawmakers-want-to-screen-gun-buyers-social-media-history-for-hate-speech/?fbclid=IwAR2np2d7L6CM4u_CHm8F2vagOVEmWr9pwQEUu7PKTPfyCiymC6SM9_8xDZk