Comment: When in history have banks shed mining stocks?

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When in history have banks shed mining stocks?

Strip search, yes. Taken to the shed? Figuratively.

Major mines have major investment from major banks & their ilk. Been so for a long time.

Miners work hard.


Now, here is a gold-miner's compliment, and this one is forty-two years old. I remember the circumstances perfectly well. It was the introduction of Mark Twain, lecturer, to an audience of gold-miners at Red Dog, California, in 1866, by one of themselves. It was in a log house, a large school-house, and the audience occupied benches without any back, and there were no ladies present, they didn't know me then; but all just miners with their breeches tucked into their boot-tops. And they wanted somebody to introduce me to them, and they pitched upon this miner, and he objected. He said he had never appeared in public, and had never done any work of this kind; but they said it didn't matter, and so he came on the stage with me and introduced me in this way. He said:

    "I don't know anything about this man, anyway. I only know two things about him. One is, he has never been in jail; and the other is, I don't know why."

- Mark Twain. Speech, 1908

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul