Showing posts with label Mining. Show all posts
Showing posts with label Mining. Show all posts

May 22, 2022

@Maryland Iron Festival (Catoctin Furnace)


Fascinating to listen to stories from this former miner at the Maryland Iron Festival, near Cunningham Falls State Park. 

Learned about the incredibly tough and dangerous working conditions in the mines. 

He said everyone he knew who worked in the mines is already dead. 

Working hundreds of feet underground, in the pitch black and dust, in cramped spaces of only 30" high, and with dangerous mining tools and explosives all for $75 per day. 

This song is about the miners protesting for better wages and safer working conditions. 

And if not, no more "fire in the hole!"  ;-)

(Credit Video: Andy Blumenthal)

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August 1, 2015

Nothing Is Something AND Something Is Nothing


So the world financial markets continue to go haywire. 

The Uber glorified taxi service and app (with an almost half billion dollar operating loss) is now valued at--get this--over $50,000,000,000!

And commodities--you know the precious materials that REAL things are made off (gold, silver, copper, aluminum, oil, gas, coal, wheat, cotton, corn, soybeans, cotton, cocoa, coffee, sugar, beef, and more) hit a 13 year low. 

When the nothings of this world like a basic cab service become invaluable and the real things that power our homes, technology, transportation, and manufacturing become valueless--then we know a day of painful financial reckoning is coming. 

The markets can stand on their head for only so long before the blood rushes in and people become dizzy and see spots.

A reversion to the mean is the one something here that is inevitable, along with a pretty decent recession to boot. ;-)

(Source Photos: Andy Blumenthal)
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