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WARIII - NATO and U.S. issue red alert against China and Putin | Redacted
with Clayton Morris
JohnCM - $Aris Mining Red Cloud On-Site Interview at VRIC
Here is the link to Tyron Bretonbach providing an interview to Red Cloud at VRIC 2023
Mining Conference.
[bGeopolitical ]Big Intelligence Update 02/08/23..
Benjamin Fulford:
https://rumble.com/v28s4o6-benjamin-fulford-big-intelligence-update-020823...html
Situation Update 02/08/23 - Trump Return - Q+ White Hats Intel - Juan O Savin - SGAnon
https://rumble.com/v28s66c-situation-update-020823-trump-return-q-white-hats-intel-juan-o-savin-sganon.html
Dr Sherri Tenpenny Latest Data Re: Covid/mRNA Injections/ Clot Shots/ V.A.I.D.S
https://rumble.com/v28eugc--dr-sherri-tenpenny-latest-data-re-covidmrna-injections-clot-shots-v.a.i.d..html
President Trump's Response to the State of the Union
3.61K
https://rumble.com/v28nujw-president-trumps-response-to-the-state-of-the-union.html
17,000 PHYSICIANS AND SCIENTISTS
WATCH
https://www.bitchute.com/video/p4XpCPdGMiWq/
DOCTORS AROUND THE WORLD ISSUE DIRE WARNING; DO NOT GET THE COVID
VACCINE!! - TRUMP NEWS
Trump News Channel Published January 3, 2023
https://rumble.com/v23qe3g-doctors-around-the-world-issue-dire-warning-do-not-get-the-covid-vaccine-tr.html
JESUS Prayers MAGA - $500 Trillion Lawsuit against FEDERAL GOVT 140 MONOPOLISTS via our Constitutional
Convention & Court
JohnCM - The Real War Is In Currencies, With Russia Capable Of Destroying The Dollar.
https://kingworldnews.com/chess-master-putin-is-moving-closer-to-destroying-the-us-dollar/
FORGET TAKEDOWNS IN THE PAPER MARKET: Putin Is Going To Make Gold Be The
Center Of The New Monetary System
February 04, 2023
https://kingworldnews.com/forget-takedowns-in-the-paper-market-putin-is-going-to-make-gold-be-the-center-of-the-new-monetary-system/
Al Here is Exactly What All Victims Need - SHOCKING CRIMES AGAINST HUMANITY: The Covid Criminals Part 2
https://rumble.com/v285qfq-shocking-crimes-against-humanity-the-covid-criminals-part-2.html
$500 Trillion Lawsuit against FEDERAL GOVT 140 MONOPOLISTS via our Constitutional
Convention & Court
JohnCM Watch LIVE: Derek Johnson Stream 12.28.22 "Military Operation" > Juan O Savin Intel and SGAnon Decode
qanonstorm Published December 28, 2022 1,450 Views
https://rumble.com/v22tc6e--live-derek-johnson-stream-12.28.22-military-operation-juan-o-savin-intel-a.html
US Supreme Court upholds another Trump-era border rule
The ruling is the latest setback for President Joe Biden as he aims to reverse his
predecessor’s immigration policies
https://www.rt.com/news/569028-supreme-court-migrant-expulsions/
HAPPY NEW YEAR ~ With LOVE To All ~
https://theexoduseffect.com/
Jonathan Cahn’s Prophetic Message II to Joe Biden (The White House Apostasy)
MERRY CHRISTMAS ~ To You JohnCM And Your Family & With LOVE To All ~
https://theexoduseffect.com/
Christmas offer us a wonderful message Emmanuel
GOD with us alive He breath our air, felt our pain -
knew our sorrows with the Father and the Spirit King.
JohnCM; Who want to confiscate Russian GOLD with WAR???
LBMA creates Russian bullion bars database for customs authority use
By Peter Hobson
Reuters
Friday, December 2, 2022
LONDON -- The London Bullion Market Association is creating a database of Russian gold bars held by banks in London to help prevent sanctions evasion by Russian companies or the Russian central bank, the industry group said.
Banks and the LBMA are reluctant to say how much Russian gold is held in vaults.
But disclosures by gold-owning investment funds show that hundreds of tonnes
accumulated in London, Zurich, and New York before Russia invaded Ukraine in February
Numbers from 11 funds show around 7% of all the gold they hold -- currently around 160 tonnes worth some $9 billion -- is Russian.
The LBMA will make its data available to customs authorities and market participants -- but not the public -- to help them check that Russian gold bar s moving between countries or owners were outside Russia before sanctions were imposed. ...
... For the remainder of the report:
https://www.reuters.com/markets/commodities/london-gold-body-creates-database-russian-bullion-bars-2022-12-02/
Prayers Needed; BUCKLE UP: Stock Market Now Setup For Breathtaking Collapse As Gold Market Set To Win Big
December 06, 2022
https://kingworldnews.com/buckle-up-stock-market-now-setup-for-breathtaking-collapse-as-gold-market-set-to-win-big/
CANADA - BILL 36 IN BC PROPOSES JAIL TIME FOR HEALTHCARE WORKERS
WATCH
https://www.bitchute.com/video/sdLhZJAcBerT/
$500 TRILLION LAWSUIT AGAINST THE FEDERAL GOVT AND OVER 140
MONOPOLISTS (REMOVED BY YOUTUBE IN 5HRS)
WATCH
https://www.bitchute.com/video/QFcfDjifRl6u/
BEST EFFECTIVE SELF DEFENSE MOVE EVER - TRUMP NEWS
Trump News Channel Published December 5, 2022
https://rumble.com/v1z1378-best-effective-self-defense-move-ever-trump-news.html
SITUATION UPDATE: SPECIAL OPERATIONS TEAMS TAKING OUT NWO GLOBALISTS IN SWITZERLAND! FOUR HOUR ...
Trump News Channel Published December 6, 2022 264 Views
https://rumble.com/v1z6104-situation-update-special-operations-teams-taking-out-nwo-globalists-in-swit.html
Evil Nuremberg Violating Mask & Vax Mandates RETURN/ Oligarchs' Media & WHO
Prepare For Deadly PI Variant
nonvaxer420 Published December 4, 2022
https://rumble.com/v1yvj2c-december-4-2022.html
Sister Christine Anderson member of European Parliament ???? Sends Out An S.O.S. To The World!
nonvaxer420 Published December 4, 2022 6,867 Views
https://rumble.com/v1yuc8u-december-4-2022.html
Tucker Breaks Down The Biden Circus Administration
https://www.brighteon.com/c5c9c72e-d70e-4fea-8c8a-7091e46a544e
KEEP THE FAITH and NEVER EVER GIVE UP - FATHER GOD ALWAYS WINS )
QspecialForces Published December 4, 2022 425 Views
https://rumble.com/v1yu4vu-keep-the-faith-and-never-ever-give-up-god-always-wins.html
Q - THE PLAN TO SAVE THE WORLD
QspecialForces
https://rumble.com/v1obshb-q-the-plan-to-save-the-world.html
1900 DOCTORS DEAD AND COUNTING - YOUNGER DOCTORS DYING AT 8X THE NORMAL RATE.
WATCH
https://www.bitchute.com/video/MVXsZ3NjZveo/
Bill C36 B.C. Health Provisions Act. - Dr's Could Be Fined , Jailed and more If they don't Take The (JAB) Welcome to 1945 #Holocaust2020-2025
nonvaxer420 Published December 3, 2022 902 Views
https://rumble.com/v1ypo9g-december-3-2022.html
McCullough: Pandemic Won’t End Until Mass Vaccination Stops
https://childrenshealthdefense.org/defender/peter-mccullough-covid-pandemic-mass-vaccination/
COVID KAMIKAZES MRNA DEATH JAB KILLS PILOTS MID-FLIGHT, PASSENGERS AT EXTREME RISK - JOIN
WATCH
https://www.bitchute.com/video/Ys31j9V0vyX4/
Prayers Needed & BEWARE; DEATH SIGNAL: CANADIAN DOCTORS ARE DYING AT
4X PRIOR RATE UNDER 40, 8X PRIOR RATE UNDER 30 -
NWO big pharma brain wash and fool them also -
WATCH
https://www.bitchute.com/video/cflQy6pLwN6J/
Silver Often A Front Runner; One Of The Most Bullish Setups In History For Gold & Silver )
December 02, 2022
https://kingworldnews.com/one-of-the-most-bullish-setups-in-history-for-gold-silver/
RUSSIA PLANS TO UNLEASH GOLD-BASED CURRENCY: Gold Soars To $1,817 As Gold Futures Surge Another $57 And Silver Hits $23
December 01, 2022
https://kingworldnews.com/russia-plans-to-unleash-gold-based-digital-currency-gold-soars-to-1817-as-gold-futures-surge-another-57-and-silver-hits-23/
A Commodity Super-Spike Is Coming. Are You Ready For It?
November 29, 2022
https://kingworldnews.com/a-commodity-super-spike-is-coming-are-you-ready-for-it/
2023 PREDICTIONS: Nomi Prins – 2023 Will See A Huge Amount Of Money Flow Into Gold, Silver And Mining Stocks
https://kingworldnews.com/2023-predictions-nomi-prins-2023-will-see-a-huge-amount-of-money-flow-into-gold-silver-and-mining-stocks/
China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
MAGA thanks; Happy Thanksgiving everyone! President Trump flew 13 hours overnight on
Thanksgiving to surprise our soldiers in Afghanistan > Play Video
https://www.brighteon.com/5388326a-ffcc-49e3-905b-bb5cdf9a3f72
Thanks Prayers Wanted; /; Is this what the libs American Dream is all about???
https://newspunch.com/klaus-schwab-god-is-dead-and-the-wef-is-acquiring-divine-powers/
https://www.zerohedge.com/geopolitical/mask-wefs-klaus-schwab-declares-china-role-model
20 MILLION DEAD FROM VAX SHOTS
WATCH
:https://www.bitchute.com/video/9uMnzp6yMVXt/
HUMAN SEX CHILD TRAFFICKING
WATCH
https://www.bitchute.com/video/BWDGTM6M6sbw/
BRICS NATIONS STOCKING UP ALL THE GOLD AND PREPPING FOR AMERICAS COLLAPSE PART 2
WATCH
https://investorshub.advfn.com/secure/post_reply.aspx?message_id=170533123
BEWARE; BREAKING: New Vaccine data changes everything | Redacted with Clayton Morris Redacted
1.43M subscribers
JohnCM Thanks; In a 2013 trial of over 200,000 people testing mRNA-based medication -
LESS THAN 5 are alive today Play Video
https://www.brighteon.com/6cf90e6f-849b-4bcb-87a1-f07b445288e8
Thanks Prayers Wanted; /; Is this what the libs American Dream is all about???
https://newspunch.com/klaus-schwab-god-is-dead-and-the-wef-is-acquiring-divine-powers/
https://www.zerohedge.com/geopolitical/mask-wefs-klaus-schwab-declares-china-role-model
20 MILLION DEAD FROM VAX SHOTS
WATCH
:https://www.bitchute.com/video/9uMnzp6yMVXt/
HUMAN SEX CHILD TRAFFICKING
WATCH
https://www.bitchute.com/video/BWDGTM6M6sbw/
BRICS NATIONS STOCKING UP ALL THE GOLD AND PREPPING FOR AMERICAS COLLAPSE PART 2
WATCH
https://investorshub.advfn.com/secure/post_reply.aspx?message_id=170533123
BEWARE; BREAKING: New Vaccine data changes everything | Redacted with Clayton Morris Redacted
1.43M subscribers
Huge NEWS By China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
JohnCM thanks; The biggest buyers of gold in recent years have not been G7 countries (United
States, France, Canada, Germany, Japan, the United Kingdom and Italy), many of
whom naively sold much if not all their gold in the recent past and have refused or
simply don't have the funds to restock;
instead purchases have all been by developing nation central banks (like India
and Turkey, and of course China which however has a habit of only revealing its
true gold inventory every decade or so) who have been quietly preparing to do
what Russia is doing by dedollarizing and instead allocating capital into a
counterparty-free asset.
https://www.zerohedge.com/markets/biden-g-7-will-ban-russian-gold-imports
BTW. Do Your Own Due Diligence;
$TPRFF, $MMY, $MMTMF, $AGI, $AEM, $GGGOF, $GPL; , Gold Mines Producer, oversold, undervalued Au-Bargain
IMO!
BRICS MEMBERS CHINA, RUSSIA, INDIA, SOUTH AFRICA & BRAZIL WANT:
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
PUTIN & CHINA LEADING BRICS NATIONS INTO A GOLD STANDARD.
WATCH
https://www.bitchute.com/video/KhkUCnTwPyNi/
GCM Mining Reports Second Quarter and First Half 2022 Production; Declares August 15, 2022 Monthly Dividend
July 18, 2022
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2022/GCMMining-Reports-Second-Quarter-and-First-Half-2022-Production-Declares-August-15-2022-Monthly-Dividend/default.aspx
https://www.gcm-mining.com
trunkman thanks; They are full speed ahead, with turbo button pressed.
announced today that it produced a total of 16,370 ounces of gold in June 2022 at its Segovia Operations bringing the total for the second quarter of 2022 to 53,198 ounces compared with 52,198 ounces from Segovia in the second quarter of 2021. In the second quarter of 2022, the Company also produced 85,741 ounces of silver, up from 54,573 ounces of silver in the second quarter last year, together with approximately 294,000 pounds of zinc and 345,000 pounds of lead.
For the first half of 2022, the Company produced 103,149 ounces of gold at its Segovia Operations, up from 101,256 ounces of gold in the first half last year. The Company reported consolidated gold production in the first half last year of 103,684 ounces which included 2,428 ounces from Marmato up to February 4, 2021, the date of the loss of control of Aris Gold Corporation.
GCM Mining’s trailing 12-months’ total gold production at the end of June 2022 was 208,282 ounces, up about 1% over last year. The Company remains on track to meet its 2022 annual production guidance of 210,000 to 225,000 ounces of gold, aided by the completion of the Maria Dama plant expansion to 2,000 tonnes per day (“tpd”) in the third quarter of 2022.
GCM Mining processed a total of 44,047 tonnes in June 2022 at its Maria Dama plant, representing a daily average processing rate of 1,468 tpd, at an average head grade of 12.8 g/t. Plant operations in June 2022 reflected a scheduled 120-hour stoppage to change the linings of the mill in addition to routine repairs and improvements. For the second quarter of 2022, a total of 147,580 tonnes, equivalent to 1,622 tpd, were processed at Segovia at an average head grade of 12.4 g/t compared with a total of 143,910 tonnes, equivalent to 1,581 tpd, at an average head grade of 12.6 g/t in the second quarter last year. This brings the daily average processing rate for the first half of 2022 to 1,604 tpd at an average head grade of 12.3 g/t compared with 1,526 tpd and 12.7 g/t in the first half last year.
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
trunkmonk thanks; from time to time i have pushed this info out to people.
although Yellen has a new role, looks like she was meant to be there when it
happens, as with Biden the drug lord of his son.
Buckle up butter cups, its coming full circle soon.
Bernanke began the conversation in a cheerful mood…
Ben: Saw you on TV yesterday.
A woman’s voice, said to be that of Janet Yellen, replies.
Janet: Well, you know what it is like.I’m now competing with the presidential
election news cycle. And Trump is getting all the page views now.
Ben: But wow! I like the way you turned it around…
Janet: What do you mean…?
Ben: I mean… that “cautious” thing. You managed to get almost every news agency in the world to say you were “cautious.” Heh heh. Makes you sound prudent.And this is after you and I together put about $4 trillion of new cash into the system… we must have induced other central banks to pony up another $8 trillion or so… and now there are about $650 trillion in open derivative contracts.
Yeah… cautious! I love it. Just don’t strike a match…. Heh heh.
Janet: Oh, stop… I wasn’t the one who started this thing… You… [inaudible]. Besides, I’m learning from Trump. When he entered the race, we all thought he was a joke. But that’s the problem with politics – jokes get elected.Anyway, Trump’s trick is to always say something bold and outrageous. And vague. People don’t know what the f*** you are talking about. They can fill in what they want to hear. It makes me sound like a strong leader who is keeping her options open.
At the end of my speech to the Economic Club, I was even tempted to say “Investors love me!”
We Homeys Did It
At this point, static interrupts the conversation. Then the two voices become clear
again…
Janet: You know, Ben, they should love us. And you and I should get more than
just our pictures on TIME and a few million in speaking fees. After all, our
yiddisher kops added more wealth to the world than Carnegie, Ford, Buffett,
Gates… all of them put together.
Ben: But, Janet… Now that I’ve been out of the hot seat for a while, I’ve had a chance to think about it.
Janet: Think about what?
Ben: Well, the system and how it works.
Janet: Hey… That’s not allowed…
Ben: I know… but now that I’m a private citizen just shaking down the big banks for speaking fees… It’s payback time!
Janet: Yeah… I see you’re getting $400,000 a pop. Not bad…
Ben: Janet, just wait… you’ll get your turn…But seriously, I’m just wondering how it all fits together.
I mean… it seems like something very important has changed in a way that we
didn’t recognize.
Janet: What’s that?”
Ben: When Nixon made that change in 1971 [eliminating the restraint on credit
creation imposed by gold] nobody really knew what it meant. The gold bugs ranted and raved, but even they had no idea what would happen. Nobody really saw how it would change the system completely.Nobody… except maybe the damned French… ever asked to exchange their dollars for gold anyway. It didn’t seem to matter that we shut the window [ending the convertibility of dollars to gold at a fixed rate by closing the “gold window” at the Treasury].
But this is just coming into focus for me. It changes everything. We went from a savings-based money system to a credit-based system. And that’s a big change.
You following me? There is only so much money available from savings. So that naturally limits the amount of credit. But when you can create credit with just a few keystrokes on your computer… it’s a different thing entirely. You can have as much as you want.
But the guy who runs a liquor store… He stocks his shelves for total sales. He doesn’t care whether you spend cash or credit. As people spend more – on credit – he orders more bottles and hires a young man to put it on the shelves. He thinks there is more demand for his product. He expects it to last. So does everyone else.
So, the economy booms. That was the idea. That’s why we got our faces on TIME. We homeys did it. We manipulated the economy. We tricked people into thinking there was more demand than there really was. And all we had to do was keep interest rates a little on the low side…
Debt Is Deflationary
Again… the line gets fuzzy for a bit. Then the voices come back.
Janet: Ben… I’m going to hop off the line… I’ve got an FOMC meeting…
Ben: Hold on, Janet… Just a minute… I’ve got something figured out. It’s important…In the old system, people had to earn money before they could lend it. That imposed a natural limit on credit. You couldn’t lend it if you didn’t have it.
The scarcity of credit forced up the price of it. Interest rates never went to zero. So, savers were encouraged to save. And it forced investors and entrepreneurs to find projects that were worthy of precious capital. That’s what made the system work. It encouraged real capital formation and real wealth building. That’s how we got richer.
Now, all we’ve got is credit… unlimited credit. Banks’ cost of funds these days is so low it’s almost free. Nobody knows what anything is worth – because all prices are distorted by unlimited credit.
That’s what happened to the oil industry. Oil was $140, and then it was $30. You don’t know what it should be. So nobody wants to take the risk or trouble to fund long-term projects. We don’t build much real wealth any more. We just speculate. Short term. And the amount of credit in the system just goes up and up.
But the dark side of credit is debt. You have to pay interest on it… and eventually pay back the loan. So, as your debt increases, it takes more and more of your income to make the debt payments, leaving you less to spend. This means you have to borrow more – increasing your debt – just to maintain the same level of spending.
We know our income is not keeping up with our debt levels. Debt was about one and a half times GDP in the 1970s. Now, it’s three and a half times.
I know lower interest rates airbrush the picture… so the debt burden is not so obvious. But unless we’ve eliminated the credit cycle, we have to assume rates will one day turn up again. Then, the cost of all this debt will suddenly hit us – hard. It will take a big chunk out of current spending… leading to those “D” words that you can’t use in public.
The gloom and doomers were right all along. But they didn’t understand any better than anyone else how it really worked. They kept expecting inflation. And it never came. So, they went broke and went away.
Debt is not inflationary. It’s deflationary. You either earn your way out… or you reach a limit, and the economy melts down. And here’s the thing: The super abundance of credit reduces real growth. That’s the thing I just realized. The more credit you make available… to try to ‘stimulate’ the economy… the more you stimulate speculation and suppress real growth. Less real growth means less real income to pay your debt.
So, there’s really no way out… because the debt is slowing down the economy it depends on, like a huge leech that is killing its host. You eventually end up in a Minsky Moment… [when asset values plunge after a long period of speculation and unsustainable growth]…
What are you going to do then?
Janet: You’re asking me?
Ben: Yea… Janet. I know what I’m going to be doing – collecting more big bucks for telling Goldman how you screwed up. Heh heh.What are you going to do?
John; Biden pledges long-term support for Ukraine
The US will stick with Kiev ‘as long as it takes,’ the US leader said during a press conference
https://www.rt.com/news/558172-biden-pledges-ukraine-support-indefinitely/
The Fed has a long history of papering over busts to create booms and stifling
booms to create busts, never through it all managing the economy half as well as
Adam Smith’s invisible hand.
Right now, it’s in stifling mode, but that could change at the first signs of real
economic distress.
“The Fed,” says long-time gold market analyst John Hathaway in a Sprott Insights
interview, ”doesn’t have a dial. It’s an either on or off switch.
They’re either switching off the economy and crashing financial assets and the
economy, or their crying uncle and caving in, which will likely open the door to
more inflation.
I think either outcome is positive for gold.”
$TPRFF, $MMY, $MMTMF, $AGI, $AEM, $GGGOF, $GPL DD Gold Mines
Producer, oversold & undervalued Au-Bargain
IMO!
BRICS Gold rises as G7 nations move to ban bullion imports from Russia
SECTIONSGold rises as G7 nations move to ban bullion imports from
RussiaReutersLast Updated: Jun 27, 2022, 07:20 AM IST
https://economictimes.indiatimes.com/markets/commodities/news/gold-rises-as-g7-nations-move-to-ban-bullion-imports-from-russia/articleshow/92479901.cms
Biden, G-7 Will Ban Russian Gold Imports
Tyler Durden's Photo
BY TYLER DURDEN
SUNDAY, JUN 26, 2022 - 01:56 PM
the biggest buyers of gold in recent years have not been G7 countries (United
States, France, Canada, Germany, Japan, the United Kingdom and Italy), many of
whom naively sold much if not all their gold in the recent past and have refused or
simply don't have the funds to restock;
instead purchases have all been by developing nation central banks (like India
and Turkey, and of course China which however has a habit of only revealing its
true gold inventory every decade or so) who have been quietly preparing to do
what Russia is doing by dedollarizing and instead allocating capital into a
counterparty-free asset.
https://www.zerohedge.com/markets/biden-g-7-will-ban-russian-gold-imports
BTW. Do Your Own Due Diligence;
$TPRFF, $MMY, $MMTMF, $AGI, $AEM, $GGGOF, $GPL; , 10 Bagger Gold Mines Producer, oversold, undervalued Au-Bargain
IMO!
BRICS MEMBERS CHINA, RUSSIA, INDIA, SOUTH AFRICA & BRAZIL WANT:
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
Very Interesting take on why Russia invaded Ukraine only 4 minutes
Q&A Round
CRUDE
$110 to $65
NRGD INVERSE BEAR ETF
YOU WILL MAKE A KILLING IN 6 MONTHS
You want CRUDE to go higher. The higher it is when it tops out the better you will do with an inverse bear CRUDE ETF.
NY What do you think about this?
Now moving into week two out of three.
IMO
Tensions keeping CRUDE and GOLD elevated.
Which one first?
CRUDE $90 to $100
or
GOLD $1,900 to $2,000?
I am rooting for GOLD.
TRUMP EATS WHAT HE THINKS IS A BALLPARK FRANK, BUT IT ACTUALLY TURNS OUT TO BE A NATHANS.
TRUMP WARNS AGAINST THE DANGERS OF COVID MANDATES: ‘OUR COUNTRY IS A TINDERBOX’
by Summer Lane February 15, 2022
https://rsbnetwork.com/news/trump-warns-against-the-dangers-of-covid-mandates-our-country-is-a-tinderbox/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167905936
Biden NWO wants to inoculate as many people as possible” You’ll have to get an annual shot'
#ExposeFDA
BREAKING: @US_FDA Executive Officer on Hidden Cam Reveals Future COVID policy
— Jack Poso 🇺🇸 (@JackPosobiec) February 16, 2022
“Biden wants to inoculate as many people as possible”
'You’ll have to get an annual shot'#ExposeFDA https://t.co/yuZ6aAu4Fi
Oh No! We Won’t Go! https://t.co/ojEO7Qlrmm
— Laura-Lynn Tyler Thompson (@LauraLynnTT) February 15, 2022
Gold Apr 22 (GC=F)
COMEX - COMEX Delayed Price. Currency in USD
1,871.40+15.20 (+0.82%)
As of 01:38PM EST. Market open.
No invasion today! 10 hour time zone change in the PST area.
Gold Apr 22 (GC=F)
COMEX - COMEX Delayed Price. Currency in USD
1,870.70+14.50 (+0.78%)
As of 12:38PM EST. Market open.
I did the math!! By 10:00 am PST, we should know whether today is the day. I don't believe so, BUT until there is a resolution, CRUDE and GOLD higher.
Thanks for starting this board!
Nice bounce GOLD.
JohnCM TRUMP CALLS FOR REPUBLICAN STRENGTH AND UNITY TO FIGHT ELECTION FRAUD
by Summer Lane
https://rsbnetwork.com/news/trump-calls-for-republican-strength-and-unity-to-fight-election-fraud/
OVER 200 LAWMAKERS SIGN LETTER TO DECERTIFY THE 2020 ELECTION AND AUDIT ALL 50 STATES
by Ryan Meilstrup February 11, 2022
https://rsbnetwork.com/news/over-200-lawmakers-sign-letter-to-decertify-the-2020-election-and-audit-all-50-states/
LIVE: MYPILLOW TRUCK HEADED TO CANADIAN BORDER TO PASS OUT PILLOWS TO FREEDOM CONVOY 2/15/22
by Grace Saldana February 14, 2022
WATCH LIVE: MyPillow heads to Canadian border to pass out pillows to Freedom Conv
oy 2/15/22 My Pillow CEO Mike Lindell is loading up a truck full of products and is…
https://rsbnetwork.com/video/live-mypillow-truck-headed-to-canadian-border-to-pass-out-pillows-to-freedom-convoy-2-15-22/
https://rsbnetwork.com/category/video/
https://rsbnetwork.com/category/video/donald-trump/
God Bless these Canadian Patriots! I genuinely believe that trudeau/castro went too far this time, and it will backfire!
M_P Thanks; Just ask Kazakhstan how freezing bank accounts went for their politicians?
Fox News >
https://video.foxnews.com/v/6297439701001?playlist_id=1484128321001#sp=show-clips&spark_wn=1
((( Enlarge Video, UnMute, then slide to Right )))
FUTURES
LOWER
CRUDE
GOLD
HIGHER
There are folks that are worried *PUTIN* about today. Why would Russia show video of them retreating some forces and yet go ahead and invade today???????????????????????
I am looking very closely at ...
PUTIN
CRUDE
GOLD
This board will be about geopolitical activities affecting commodities.
The "Metals" board said "no Putin talk." And they are keeping a close eye on the GOLD price. Stupid.
Going to repurpose this board.
You had a good point here but times have changed.
US parties' final push for votes -
Voters cast their ballots on electronic machines
at an early voting location in Miami,
Florida (27 October)
Hundreds of thousands of voters have cast early ballots
Republicans and Democrats have sent thousands of volunteers
to the most contested US states to canvass support ahead
of Tuesday's mid-term elections.
President George W Bush has been rallying support in the
southern states of Florida, Texas and Arkansas.
Democrats, whose lead has narrowed in final opinion polls, are
focusing on Iraq, saying Republicans have blindly followed
Bush's "failed policy".
Democrats hope to win control of at least one of the Houses
of Congress.
BBC NEWS WEBSITE COVERAGE
US Congress
Come back for full Senate, House and Governor results as they
break, plus expert comment and analysis
Results map
Reporters' blog
Have your say
Addressing Republicans in Florida on Monday, President Bush
said: "I knew we were going to finish strong. Republicans are
going to turn out and it's going to be a great victory."
The BBC's Justin Webb in Washington says the president is
making a late but vigorous effort to persuade Americans that
continued Republican control of Congress is vital, and it does
seem likely that the party will keep hold of the Senate at
least.
Recent opinion polls suggest the Democrats will pick up seats,
and that the Iraq war and the president himself are unpopular.
But the final polls also suggest a slight gain in Republican
fortunes and that gain could result in the president's party
rescuing its fortunes at the last minute, our correspondent
adds.
Hundreds of thousands of voters have already cast their
ballots, taking advantage of an early voting system.
Thirty-five states and the District of Columbia allow in-person
voting before election day in certain cases - either at a
voting machine or by absentee ballot.
However, turnout on Tuesday is not expected to be above 40%,
and both parties are spending the last day trying to ensure
their supporters are motivated to vote.
'A world better off'
The war in Iraq has dominated much of the campaign. Both
parties welcomed the death sentence handed down to former
Iraqi leader Saddam Hussein on Sunday.
US President George W Bush in Pensacola, Florida (6 November)
My decision to remove Saddam Hussein was the right decision,
and the world is better off for it
President Bush
The Republicans say if the Democrats win control of Congress
they will pull out of Iraq prematurely, while the Democrats
have attacked what they say are Mr Bush's failed policies in
Iraq.
"My decision to remove Saddam Hussein was the right decision,
and the world is better off for it," Mr Bush said to crowds of
supporters in Florida on Monday.
"The only way we will not win is if we leave before the job is
done.
If you listen for the plan from the Democrats, there isn't
one," he said.
However, US policy in Iraq has been heavily criticised in an
editorial published in an influential military journal.
The Army Times, Air Force Times, Navy Times and Marine Corps
Times said Defence Secretary Donald Rumsfeld, the architect of
the Iraq campaign, had "lost credibility with the uniformed
leadership".
It urged President George W Bush to install a replacement at
the Pentagon.
The Democrats say they want a "new direction" to Iraq.
Correspondents say the Democratic party could push to
investigate the Bush administration preparations for the war
and there are also those within the party who want to impeach
the president for allegedly misleading Congress about Iraq's
weapons programmes.
A third of the Senate, the whole House of Representatives and
36 governorships are up for election on 7 November.
The Democrats need to pick up six seats to gain control of the
Senate, and 15 House seats to have a majority there.
http://news.bbc.co.uk/2/hi/americas/6119724.stm
The Fraser Institute: Media Release; Mining Executives Rate the Investment Climate of Jurisdictions Around the World
TORONTO--(BUSINESS WIRE)--March 22, 2006--Attractive geology does not guarantee mining investment if a region's policies are bad, say mining executives surveyed in the ninth annual Survey of Mining Companies, released today by Canada's Fraser Institute.
In this year's survey, companies responsible for a combined total of US$1.83 billion in international exploration (in 2005) - a third of the global total - rate the policy attractiveness and mineral potential of mining jurisdictions in North America and internationally.
Companies are asked to provide their opinions about the investment attractiveness of 64 jurisdictions around the world, on every continent except Antarctica, including the Canadian provinces and territories, the Australian states, selected US states, and jurisdictions across Europe, Asia, and Africa.
Policy Potential Index
While geologic and economic evaluations are always requirements for exploration, in today's globally competitive economy where mining companies may be examining properties located on different continents, a region's policy climate has taken on increased importance in attracting and winning investment.
"The Policy Potential Index serves as a report card to governments on how attractive their policies are from the point of view of an exploration manager," said Fred McMahon, co-ordinator of the survey and the Institute's director of trade and globalization studies.
Nevada obtained the highest score on this index, while Zimbabwe received the lowest.
This is the sixth straight year Nevada is rated as having the best mineral policies. The other top 10 policy jurisdictions are Alberta, Manitoba, Chile, Quebec, Mexico, Saskatchewan, Arizona, Ontario, and Utah. For the most part, last year's top 10 jurisdictions were either in this year's top 10 or nearly so.
Zimbabwe continues to set new records for its poor performance. Its last place score of 7.6 last year was the lowest score recorded in the previous four years. This year Zimbabwe's score fell to 2.4, the lowest in the survey's history. Also at the bottom were Papua New Guinea, DRC Congo, Venezuela, the Philippines, Indonesia, Russia, Zambia, Bolivia, and California.
Current Mineral Potential Index
Current Mineral Potential is based on respondents' answer to the question on whether a jurisdiction's mineral potential under the current policy environment encourages or discourages exploration. Chile, Nevada, Mongolia, Quebec, Mali, South Australia, Ghana, Mexico, Ontario, and Western Australia hold the top 10 slots. All scored strongly last year and most were in last year's top 10.
Not surprisingly, the jurisdictions at the bottom of the list are also consistent with last year's poor performers-and in most cases with poor performers in the Policy Potential Index. Colorado comes in last and is joined by California, Zimbabwe, Ireland, Wisconsin, Washington, Minnesota, Ecuador, DRC Congo, and Venezuela. These jurisdictions all scored near the bottom last year, with the partial exception of Ireland (39 out of 64 last year), which has generally fallen in this survey from last year's.
Best Practices Mineral Potential Index
From a purely mineral perspective, the most appealing jurisdictions are Nevada, Nunavut, Canada's Northwest Territories, Indonesia, Papua New Guinea, DRC Congo, Ghana, Mali, Peru, and Russia. All scored highly last year, except for Ghana and Mali, which were in the middle of the pack.
The least appealing jurisdictions are Nova Scotia, Alberta, Finland, Ireland, Wisconsin, New Brunswick, New Zealand, Sweden, Tasmania, and Spain. Not surprisingly, there is a large correspondence between these rankings and rankings in previous years.
Room for improvement
The survey also calculates which jurisdictions have room to improve their regulatory environments. Many of the jurisdictions with the greatest room to improve are developing countries, where additional investment, and job, wealth, and capital creation are most needed.
These include the Zimbabwe, the DRC Congo, Papua New Guinea, Zambia, China, Venezuela, and Peru. Except for China, miners indicated significant security problems with all of these nations, particularly the DRC Congo and Zimbabwe. Nearly three-quarters of the respondents indicated they would not consider investment in these two nations due to security concerns.
However, some of worst performers are from the developed world and include Colorado, California, and Montana.
"Mining executives are becoming increasingly willing to invest their exploration dollars around the globe. Attractive geology is necessary, but not enough. Governments who want to maintain viable mining industries in their jurisdictions must enact favourable policies to encourage investment," said McMahon.
Established in 1974, The Fraser Institute is an independent public policy organization with offices in Vancouver, Calgary, and Toronto. The media release and survey (in PDF) are available at www.fraserinstitute.ca.
Canadians dip toe in Congo
By: Nicole Mordant
Posted: 2003/07/07 Mon 15:15 PDT / © Mineweb 1997-2003
VANCOUVER - Canadian miners, heartened by new mining rules and attempts at government reform in the Democratic Republic of Congo, are taking another look at exploring and developing projects in this hugely mineral-rich but deeply politically volatile country in the heart of Africa.
Although the new mining code was published last July, the provisions needed for its enforcement have only just been approved by the Congolese government. President Joseph Kabila's administration appears to be making a concerted effort at getting its mining policy in order although it is having less success on the political front.
Congo is one of the world's richest and unexplored mineral regions, endowed with resources including coal, cobalt, copper, diamond, gold, tin and zinc. But war, corruption, political strife and five different mining regimes in 40 years has decimated the sector, which once contributed a quarter of GDP but now supplies just 6% of a much-reduced pie. From the 50 or so mining companies active in the Congo in the 1960s, only seven have stayed on. But there are signs that this could be changing.
New deals
Under the aegis of the mining code, Toronto-listed America Mineral Fields [TSX: AMZ] last week settled drawn-out negotiations over the ownership of the Kolwezi copper-cobalt project with Congo's state mining company, Gecamines. AMZ President and CEO Tim Read says the deal offers secure mineral title, which, coupled with a "stabilising political environment" will allow the junior to get on with developing the tailings project in the south of the country.
Over on the northeast, Canadian junior Banro [TSX-V: YBE] last month obtained long-awaited presidential blessing securing its access to four gold properties that were snatched by the government in 1998 and then returned last year.
Congo is not only the preserve of the more adventurous juniors. In an interesting move, Toronto-based gold senior Kinross is considering making a foray into the Congo copperbelt. Although vague on detail, Kinross Vice-Chairman Arthur Ditto says Kinross is working with a Congolese-based company to possibly play a "merchant-banking" or "sponsorship" role in mining operations in the Kolwezi area. Ditto says any agreement is still a long way off but acknowledges the significance of the new mining legislation in attracting Kinross' attention.
"The mining code provides a framework for putting together a venture. Without that sort of thing, we would not be there," says Ditto.
The code
The aim of the code, sponsored by the World Bank, is to create a transparent and equitable set of rules for minerals investment in the Congo, replacing a former system that was at best haphazard and at worst plain corrupt.
"Previously everything was allowed, everything was negotiable," says an official in the mining unit of the World Bank. "Now there are rules and procedures for all major steps in mining development and nothing can be negotiated."
Based on best practice from other minerals legislation, the code covers the prospecting, exploration, exploitation, processing, transportation and sale of minerals. Experts say the code, which also sets clear guidelines on financing procedures and taxation, should speed up government decision-making on mining projects.
"The new mining code is a giant step forward. It levels the playing field to allow mining companies to pursue exploration and development activities on the same terms as in other countries," says Geoff Chater, a spokesman for Canadian copper mid-tier, First Quantum Minerals [TSX: FM; LSE: FQM].
First Quantum operates the Lonshi copper mine in the southeast pedicle of the Congo that juts into the heart of the Zambian copper belt. There is speculation the Vancouver-based junior has had some exploration success in the Lonshi area, but Chater declines to comment.
Fighting continues
Despite Congo's mineral riches, its world-class mining code and Kabila's apparent departure from the less-than-salubrious practices of his predecessors, political stability remains elusive. Congo is just emerging from a four-year civil war, which sucked in five of its neighbours and resulted in the deaths of an estimated 2.5 million people.
Kabila is in the process of creating a power-sharing government, which will include his supporters, rebels, civilian opposition and other civil society groups. The move is aimed at paving the way for multi-party elections, the first since independence from Belgium in 1960. But while these peace moves are ongoing in Kinshasa, fighting between government-backed rebels and tribal groups continues almost daily in the east.
http://www.mips1.net/MGCoal.nsf/Current/4225685F0043CE9F88256D5C007A3DB4?OpenDocument
Greystar is sending 25 people to Angostura. 2 Geologists and 23 bodyguards??
Greystar Commences 2003-04 Exploration Campaign
VANCOUVER, BRITISH COLUMBIA--Greystar Resources Ltd. ("Greystar")
is pleased to announce the commencement of its 2003-04
exploration campaign at its wholly owned Angostura Gold-Silver
Project in Colombia.
Following several months of extensive and intensive preparation,
discussions and interaction with Colombian government officials,
Greystar has determined that sufficient safety and security
measures have been undertaken and implemented in the regional
area surrounding the Angostura property to facilitate Greystar's
commencing its planned campaign.
Greystar has deployed a team of 25 people to the site, including
2 geologists. An underground contractor has been retained and is
preparing to drive 1800 meters of underground access.
"The main objective of this phase of the campaign is to drill
high grade gold shoots. The shoots are localized along the
intercept axes occurring at the loci of vein-vein and
vein-fault/fracture intercepts," states David Rovig, President,
Greystar Resources. "Given that 40% of the gold found by our
earlier diamond drilling (52,000 meters in 181 holes) was
contained in the high grade shoots within the tabular vein like
structures, a closer look at determining the predictability of
these shoots is deemed prudent."
The high grade shoots are characterized by some very high grade
drill intercepts, having grades greater than 30 g/t. Ground
truthing with previous sampling of workings and surface sampling
carried out in 2000 have confirmed conceptual models for defining
new high grade targets within tabular structures.
The Angostura project is a major gold-silver deposit which
Greystar has been actively exploring since 1995. To date, a
resource base encompassing 96,200,000 tonnes containing 4.9
million ounces of gold (1.6 g/t) and 18 million ounces of silver
(6 g/t) have been defined. (See news release November 23, 1999.)
The project has great additional exploration potential both
within the confines of the known deposit and in the adjacent
areas.
CONTINUING PROGRAM
The project as it is now understood appears to be economic.
However, interpretive work has shown that there is a good
potential to increase both the grade and the contained ounces of
the deposit within the confines of the present resource. A
continuous 20 month, three phase program budgeted at US$14
million has been proposed to further define the resource and take
the Angostura project through full feasibility.
EXPLORATION PROGRAM - Phase 1
In 2000, Greystar carried out a limited program of surface
testing of potential targets defined by study of structural data.
The field truthing was very successful, and it showed that the
target definition process works.
A program of 20,000 meters of drilling is proposed for testing
in-fill and high grade targets. The precise location of the
drilling as well as the sequencing will be influenced by the
results from the surface and underground geological work.
Development work on the 2800 meter level will be started to allow
testing of many of the down dip extensions of high grade
structures in three prolific veins (#29, 12, and 13) on the
Angostura project. A total of 1800 meters of drifting and
crosscutting is planned.
The cost of Phase 1 is estimated at US $3.5 million.
DEFINITION PROGRAM - Phase 2
All the work done to date suggests that there is good potential
for discovery of additional high grade. This was apparent in the
1999 program as targeted drilling using 41 drill holes gave rise
to a 7% increase of grade to the known resource base, thus
supporting the expectation that drilling of selected targets will
have a significant positive impact on the grade and increase the
gold resource.
The definition program will follow completion of phase 1 scoping
work. A total of 42,000 meters of diamond drilling is projected
for the Phase 2 Program. This program will provide the necessary
sample density to advance the resources into a reserve category.
During this phase of the program the underground workings will
provide samples for the metallurgical program.
Phase 2 is estimated to cost US$7.3 million.
FEASIBILITY STUDY - Phase 3
The feasibility study will be primarily carried out in months 16
to 20 of the program. In order to be in a position to complete
the study on time, data collection will start at the beginning of
the program. Base line studies are proposed to begin in month 3
of the program, and metallurgical work in month 7.
The cost of the feasibility study is estimated at US$3.2 million.
REGIONAL POTENTIAL
The deposit is open to depth and in all directions. The depth
potential is especially significant for underground targets.
Drilling limitations restrict the evaluation of structures to two
to three hundred meters from surface. The exploration work in the
area to date has shown that mineralization occurs over a vertical
distance of over 1000 meters. Surface sampling has shown
identical structures for over one kilometre in the north-east
direction and a similar distance to the southwest.
There is also a large copper/molybdenum anomaly and two
occurrences similar to Angostura within the project boundaries.
FINANCING
Greystar Resources, which has no debt, completed a $5 million
financing in 2002. Current cash available stands at approximately
$3.0 million. Greystar can realize a further $5 million in
proceeds if outstanding warrants are exercised in the fourth
quarter 2003. A significant portion of these proceeds has been
allocated for Phase 1. Additional financing will be required to
complete phases 2 and 3.
All dollar amounts are in Canadian dollars, unless otherwise
stated.
Forward Looking Statement
Some statements in this report contain forward-looking
information. These statements address future events and
conditions and, as such, involve inherent risks and
uncertainties. Actual results could be significantly different
from those projected.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Greystar Resources Ltd.
Ed Baer
Investor Relations
(416) 783-0503
or
Greystar Resources Ltd.
Dave Rovig
President
(406) 245-9520
Email: info@greystar.com
Website: www.greystarresources.com
Diamondworks is re-starting Koidu, this lifting of sanctions will help ... their people have been in contact with the UN people regarding the situation ..... some of the politics they deal with in Zambia lately make for fascinating reading, all the games between local politicians .... i once knew a reporter who covered a legislature, he used to tell stories in print and the best ones out of print, some truly hilarious stuff, what a zoo .... it is amazing really, that human beings are able to govern themselves to such degree as they do
http://www.rosiamontana.org/ - Michael posted this on the gbu.to thread ... it's been around quite a while, couple of years at least i think[?] .... there is a whole group of folks looking to stop any project, and they cross-pollinate when they are not the very same individuals .... in the course of following man.to's Tambogrande project i've seen hundreds of pieces on the net regarding opposition to it, many of the pages linked to Rosia Montana pages, and others .... Bulyanhulu, what did Barrick really do there, this i would like to know, but suspect we'll never get documented proof either way
Sanctions lifted in Sierra Leone
By Greg Barrow
BBC correspondent at the United Nations
United Nations Security Council diplomats say they have agreed to lift sanctions on conflict diamonds in Sierra Leone.
Profits from diamond sales have fuelled wars in Africa
The move is a sign that the government in Freetown is making progress in controlling an illicit trade that once threatened to tear the country apart.
The sanctions that were imposed three years ago aimed to restrict the use of profits from the sale of diamonds to fund the purchase of weapons that would in turn escalate the civil conflict in Sierra Leone.
The Security Council appears to have decided that now it is up to the Sierra Leonean Government to take on the task of controlling the illegal trade, as it no longer poses a threat to international peace and security.
Controls on the sale of conflict diamonds are by no means perfect, one diplomat said.
But the current situation is a vast improvement on that of three years when the sanctions were first imposed.
The government in Freetown is still expected to receive bilateral assistance on this front from organisations like the World Bank.
Taylor's war crimes
The UN decision came just as the Sierra Leone war crimes tribunal issued an indictment for the Liberian President, Charles Taylor.
He stands accused of bearing the greatest responsibility for war crimes and crimes against humanity in Sierra Leone during the worst years of civil war in the 1990s.
He has been accused of arming brutal Sierra Leonean rebel groups in exchange for diamonds mined from the north of the country.
President Taylor was attending peace talks in Ghana when the indictment was issued, but left before being served with a warrant for his arrest.
Banro's Congo gold saga
By: Nicole Mordant
Posted: 2003/06/01 Sun 11:15 PDT / © Mineweb 1997-2003
VANCOUVER - Banro [TSX-V: YBE] on Friday obtained long-awaited presidential decrees from the Democratic Republic of Congo (DRC), securing the Canadian gold junior's access to four gold concessions that were snatched by the government in 1998 and then returned last year. But the blessing from DRC President Joseph Kabila only checks one of the two boxes needed to be ticked before Banro can finally resume exploration on its properties in the eastern Congo. Now it is waiting for an outbreak of peace in this war-ravaged, but tantalisingly mineral-rich, region of central Africa where fighting between two ethnic groups again intensified last month.
Banro's share price rocketed 75% on Friday or C$1.93 to C$4.50 on news of the decrees. Admittedly the rise was on trade of fewer than 4,000 shares and mimics similar optimism a year ago when the share price soared to nearly C$8 after agreement was reached with the Congo government to return the properties. Excitement was shortlived: by the end of the year, the share was back below $4.
Banro has had a tough time of it in the Congo. Five years ago, its gold properties in the Kivu and Miniema provinces were expropriated out-of-the-blue by President Laurent Kabila, the self-styled rebel leader who overthrew dictator Mobutu Seso-Seko. The Toronto-based junior launched a $1 billion lawsuit, which came to nought but last year Kabila's son Joseph, who replaced his father after his murder in early 2001, handed back the properties.
According to Banro Executive Vice-President Arnold Kondrat, Friday's decrees were the last piece of a drawn-out political puzzle to secure the properties for Banro. Friday was also the day the United Nations announced it would send a 1,000-strong French-led peacekeeping force to the northeast DRC to halt fighting between two ethnic militias that has left more than 400 dead in recent weeks. Banro's properties are some 600 miles from Bunia, the current flashpoint of the renewed fighting.
Back this summer
"Our goal is to hopefully get back to the properties this summer," Kondrat told Mineweb. But uncertainty remains omnipresent and patience the watchword for doing business in the DRC. Also on Friday, the swearing in of a new transitional government in the DRC, established after five years of war between the government and rebel groups, was postponed after the two sides could not agree on the make-up of a new national army. "Congo moves two steps forward, one step back," Kondrat says.
In preparation of its plans to resume exploration, Banro has created four separate companies to house each of its four gold projects, Namoya, Lugushwa, Kamituga and Twangiza. Kondrat says the reorganisation will allow Banro to be more flexible in prioritising work on its projects and enable joint ventures to be set up more easily. Mineweb reported last August that South African gold major Gold Fields [JSE: GFI] was pouring over geological data from the four properties. Kondrat says a confidentiality agreement has also been signed with Anglogold [JSE: ANG].
A technical valuation of Banro's assets prepared by mining consultants Steffen, Robertson & Kirsten in 1998 put resources on the four properties at 5.8 million ounces of gold. But Kondrat says Banro is busy recalculating its resource position in line with new Toronto Venture Exchange rules. He expects that the Twangiza number will be posted in a few weeks.
' PROMOVERAN CAMPESINOS REFORMAS AL ARTICULO 27 CONSTITUCIONAL
México, 20 May (Notimex).- Organizaciones campesinas
enviarán a los partidos políticos una propuesta para reformar el
artículo 27 constitucional, a fin de que sea impulsada por los
diputados en la próxima legislatura.
El coordinador de la Unión Nacional de Organizaciones
Regionales Campesinas Autónomas (UNORCA), Alberto
Gómez Flores, dio a conocer que asesores jurídicos afinan el
documento y externó su confianza de que antes de las elecciones
sea entregado y discutido con las principales fuerzas políticas.
En entrevista dijo que el planteamiento, que será promovido por
el movimiento "El Campo no Aguanta más", se sustenta en la
importancia de este sector en el desarrollo de México y porque
los campesinos se niegan a desaparecer y se tiene que garantizar
la propiedad social.
Explicó que lo único que proponen es que la parcela ejidal sea
considerada como patrimonio familiar y que las sociedades
mercantiles no tengan acceso a la tierra, y se busquen
mecanismos de asociación para atraer inversiones sin que se
ponga en riesgo la propiedad.
En la actualidad existen 105 millones de hectáreas de ejidos y
comunidades, en las que consideró que se puede hacer negocio y
no como ha ocurrido desde las reformas de 1992, en que los
campesinos han malbaratado sus tierras a empresas de alimentos
o inmobiliarias.
El dirigente de UNORCA -agrupación que rechazó firmar el
Acuerdo Nacional por el Campo (ANC) por la negativa del
gobierno federal a incluir modificaciones al artículo 27 constitucional-, indicó que preparan una iniciativa de Ley de Planeación, Soberanía y Seguridad Alimentaria, que enviarán a las fracciones parlamentarias de la próxima legislatura.
Añadió que las agrupaciones de "El Campo no Aguanta más" promoverán con estas y otras acciones "un segundo escalón" de dicho acuerdo, pues en su opinión el suscrito el pasado 28 de abril entre el gobierno federal y organizaciones campesinas es apenas un primer paso con acciones mínimas.
Para Gómez Flores se tienen que buscar todas las formas legales para completar el siguiente escalón, en el que también se debe incluir la renegociación del capítulo agropecuario del Tratado de Libre Comercio de América del Norte (TLCAN). '
http://mx.news.yahoo.com/030520/7/1146c.html
' Venezuela estará ausente en Miss Universo
CARACAS Copyright 2003 The Associated Press. All rights
reserved. - La Organización Miss Venezuela anunció que no enviará su representante al concurso Miss Universo debido a la difícil situación política y económica que enfrenta el país.
Esta será la primera vez, en 44 años, que Venezuela, considerada por muchos como la indiscutida capital de las reinas de belleza del mundo, estará ausente del principal certamen internacional de la belleza.
La organización informó en un comunicado que decidió ausentarse del evento, que se realizará el 3 de junio en Panamá, a consecuencia de la "grave crisis política y económica por la que actualmente atraviesa Venezuela".
El presidente de la Organización Miss Venezuela, Osmel Sousa, manifestó a comienzos de esta semana que estaba "profundamente preocupado" porque a escasas tres semanas del certamen aún no habían podido adquirir los 80.000 dólares que se necesitan para confirmar la presencia en el concurso de la representante venezolana, Mariángel Ruiz.
El gobierno estableció hace tres meses un control de cambios para detener la fuga de capitales y la caída de las reservas internacionales que se originó por el descenso de los ingresos petroleros, que mermaron debido a una huelga que realizó la oposición entre diciembre y febrero pasado.
Durante los tres meses de vigencia del control de cambios la Comisión de Administración de Divisas sólo ha otorgado unos 140 millones de dólares, cuando antes de aplicar la medida era un promedio de más de 500 millones por mes.
Esa situación ha generado fuertes críticas de parte del sector empresarial que ha acusado al gobierno de limitar la entrega de dólares para quebrar a los sectores opositores.
El atraso en la entrega de las divisas ha producido desabastecimiento de alimentos y medicinas. El gobierno asumió las importaciones directas de algunos productos para atender los problemas de escasez.
En los últimos 24 años, la Organización Miss Venezuela ha logrado doce ganadoras de los tres concursos internacionales de belleza más importantes del mundo. La cifra supera el total de ganadoras de cualquier otro país.
En lo que constituye una marca internacional, Venezuela ha ganado cuatro cetros de Miss Universo, otros cinco de Miss Mundo y tres de Miss Internacional, todos ellos a partir de 1979, más que el total de ganadoras de cualquier otro país.
En dos oportunidades, en 1996 y 1981, Venezuela obtuvo las coronas del Miss Universo y el Miss Mundo en el mismo año. Unicamente Australia, en 1972, y la India, en 1994, han podido igualar tal hazaña, aunque sólo lo lograron en una ocasión cada una. '
http://mx.news.yahoo.com/030516/8/10z62.html
They can't send an entrant to the Miss Universe contest because of the currency controls of Chávez, that's what this is about .... it will be a deep shock to venezolanas, because they tend to win ... and if this little junior stalinist is that tight, just imagine trying to do a mining project there right now
' A Town's Protests Threaten Argentina's Mining Future
By LESLIE MOORE
ESQUEL, Argentina
JUST a month ago, investors were buzzing about gold buried in the hills and dells of Patagonia, and government officials were predicting that surging gold prices and Argentina's cheap peso would stoke a boom in mining and attract billions of dollars.
But after voters in this mountain town turned against a $720 million gold and silver mine to be built by Meridian Gold, a mining company based in Reno, Nev., investors are thinking twice about mining in Argentina.
"The worry is that antimining forces will spread," said José Luis Andrich, who publishes a mining newspaper called Prensa Geo Minera. "This puts at risk all future mining investment in Argentina."
Instead of tending to new exploration, "we'll have to row against antimining currents," said Víctor Bonfils, who supervises Argentina mining properties at Rio Tinto, a mining conglomerate based in London.
In the referendum, on March 23, a broad coalition of residents here in Esquel (pronounced Ess-KELL) voted against Meridian's project, called El Desquite (Des-KEY-teh), which would be about six miles from town. Opponents said the mine could pollute the water supply in this tourist town at the base of the Andes, 1,200 miles southwest of Buenos Aires and near Los Alerces National Park. Others said Argentina's mineral wealth should be harnessed by Argentines.
Streets and walls in this community of 29,000 are scrawled with antimining graffiti, and armed police have guarded Meridian's downtown office. The company said a Molotov cocktail was hurled at a car owned by a driller. Both mine opponents and advocates say they have received threatening phone calls.
The referendum holds no legal sway, but the drubbing of Desquite has shaken the political establishment. After the vote, Gov. José Luis Lizurume of Chubut Province, which includes Esquel, asked Meridian to halt work on the mine until the company completed an environmental study; provincial authorities had already approved the project. Many people here want Meridian to abandon the project and leave town.
Meridian has stopped construction and is studying how the project may affect local water supplies. After opposition swelled, the company volunteered to establish a fund to cover incidental environmental harm.
Meridian arrived here last year after buying a $320 million, 543-acre site, which it estimates contains three million ounces of gold. The company said it planned to spend $400 million more during the mine's operations, paying monthly wages of about 900 Argentine pesos, or about $308, well above a poverty-level salary, to 400 people.
Mining analysts fault Meridian for bungling relations with the town. "It was as if everything Meridian said was said on purpose so people would get angry," said María Cecilia Ubaldon, a state-employed geologist and Esquel resident who favors the mine.
Gustavo Manuel Macayo, who runs a family-owned bookstore, said: "People didn't oppose the mine — they were indifferent. But from the start, Meridian imposed the project on Esquel. If the mine is built, it will provoke a war here."
Darcy Marud, Meridian's exploration manager, said an "anti-gringo" backlash had fed a firestorm of protest. "People feel damaged by what happened to the Argentine economy," he said. "They see some of their problems as forced upon them by the U.S. and other gringo powers."
The vote against the American company came four days after the start of the war in Iraq and amid protests against the United States Embassy in Buenos Aires. Local radio stations have broadcast messages saying "we're for peace and against the war" and local newspapers have published photographs of war casualties on their front pages.
"It was as if those who voted against the project saw it as a town's triumph of anti-imperialism," said Elina Gil, a Meridian geologist.
Many Argentines are still bitter about the government's sale of oil, natural gas and telecommunications assets in the last decade. They say the sales helped tip the country into turmoil.
Argentina's currency lost nearly 70 percent of its value after the devaluation in 2002, and the economy shrank 12 percent for the year. The economy is rebounding — industrial production has increased for two quarters and exports have surged — but Argentina still has an unemployment rate of 22 percent.
THE Esquel debacle could reverse a growing euphoria about Argentina's gold prospects. Small armies of geologists are digging for gold across Patagonia after recent discoveries, and a flurry of deals have closed since the peso stopped trading one-to-one with the dollar in January 2002.
Buenaventura Mining, a Peruvian company, formed a joint-venture deal with Yamana Resources Inc. of Canada last year to scout for gold and silver. "It was absolutely the peso devaluation that led to this deal," said Raúl Bonfada, vice president for Yamana's Argentina operations. The devaluation lowers labor and other costs.
But the Esquel referendum has made many companies leery, said Patricio Jones, an exploration geologist. "There's a tremendous fear this will affect other provinces," said Mr. Jones, president of Desarrollo de Prospectos Mineros, which is scouting for gold in Santa Cruz Province in Patagonia.
Patagonia Gold, a company partly owned by HPD Exploration of London, has stopped prospecting in Chubut Province, said a vice president, Gonzalo Tanoira. "It's no use exploring if you can't turn the land into a mine," he said. '
http://www.nytimes.com/2003/04/20/business/yourmoney/20GOLD.html
ERITREA
FOR: NEVSUN RESOURCES LTD.
TSX SYMBOL: NSU
APRIL 21, 2003 - 09:28 EST
Nevsun Resources Ltd.: Update On Affairs In Eritrea
VANCOUVER, BRITISH COLUMBIA--As a result of recent events Nevsun
Resources Ltd. ("the Company") is providing further details
regarding its business operations in Eritrea.
On April 12, 2003 Tim Nutt was murdered while carrying out
mapping activities in a remote area 15 kilometers from the camp
at the Company's Bisha property. Tim was an experienced geologist
working as an independent consultant to the Company who had
started work only a few weeks prior. Tim's association with
Nevsun's management goes back 18 years as a respected friend and
colleague. Our sincere condolences go to his family in this
tragic time.
As can be expected our first concern was for the Nutt family and
for the safety and security of our staff. Without request, the
response from the Eritrean military and police was swift. The
military immediately posted security at and around the Nevsun
Bisha camp and the police commenced their investigation.
Nevsun management also reacted quickly. Bill Nielsen, VP
Exploration, who had been at the Company's property in Mali,
arrived in Eritrea at the earliest possible time on Monday. John
Clarke, CEO, arrived two days later to coincide with preliminary
reporting by police investigators. The Government of Eritrea has
been forthright and extremely co-operative. The British Embassy
provided much appreciative assistance and support to the family
and to Nevsun.
From the outset it was believed by the Company to be, and
continued to be, considered a civil matter until the Government
issued the statement of an act of terrorism. Accordingly, no news
release was considered appropriate until this past Thursday when
the Company read of the media assertions that the murder may have
been related to terrorist activities. The facts and circumstances
about what exactly had brought about this act of violence were
not clear enough to issue a statement until then. Eritrean
Government officials continue to emphasize that the investigation
is ongoing and has not yet provided them with answers to these
questions.
Government senior police authorities advised the Company late on
Thursday April 17, 2003 that their investigation is ongoing.
While suspects have been detained in custody, the police have not
concluded their process. It is important to note that Eritrea is
a country with a very low crime rate and this act of violence is
considered by Eritrean authorities as an anomalous isolated
event.
As further demonstration of his support, over this past weekend
the Minister of Energy and Mines (Minister Tesfai Ghebresellasie)
traveled to the Bisha property together with John Clarke and Bill
Nielsen. The Minister has stated that "Nevsun will continue to
receive every support required to continue its exploration
activities and no stone will go unturned in bringing the
perpetrators to justice". Nevsun wishes to thank the Minister for
his involvement in not only company matters but also his deep
concern and personal attention paid to the family of Tim Nutt.
In the midst of this tragic event the Company continues its
business. The Company's exploration activities have continued in
this past week and Nevsun expects to commence its second stage of
the current drill program shortly. A Longyear 44 drill rig has
recently been mobilized to site to continue to carry out the
planned 6,500m diamond drill program (1,500m of which was carried
out in February/March with a smaller drill rig). Work in progress
includes geophysics, geological mapping, geochemical sampling,
trenching and camp construction. An airborne geophysical survey
has recently been flown over the property and will be interpreted
in coming months. Further assay results of drilling completed in
March are expected within the next week.
In summary, Nevsun officials are deeply saddened by the loss of
Mr. Timothy Nutt. Eritrean officials have acted with urgency. It
has been the judgment of the Company and the advice of Eritrean
officials that the full facts and circumstances regarding this
crime are as yet undetermined and that the Eritrean authorities
are in firm control of this matter. Again our sympathies go out
to Mr. Nutt's family.
John Clarke arrives back in Vancouver on the evening of Monday
April 21, 2003. Management will conduct a live conference call at
8:00am on Tuesday April 22, 2003 to provide a further briefing
and to respond to questions surrounding this event and the
Company's ongoing plans to advance the exploration of its
Eritrean portfolio as well as the resumption of exploration
drilling at the Company's Tabakoto and Segala properties in Mali.
People who wish to listen to this call may phone toll free to
1-800-814 4857.
Forward Looking Statements:
The above contains forward looking statements that are subject to
a number of known and unknown risks, uncertainties and other
factors that may cause actual results to differ materially from
those anticipated in our forward looking statements. Factors that
could cause such differences include: changes in world gold
markets, equity markets, costs and supply of materials relevant
to the mining industry, change in government and changes to
regulations affecting the mining industry. Although we believe
the expectations reflected in our forward looking statements are
reasonable, results may vary, and we cannot guarantee future
results, levels of activity, performance or achievements.
Dr. John A. Clarke, President & Chief Executive Officer
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Nevsun Resources Ltd.
Don Halliday
Manager, Investor Relations
(604) 623-4700 or 1-888-600-2200
Email: dhalliday@nevsun.com
Website: www.nevsun.com
Here's an interesting article on the Lihir mine in PNG and the risk associated with that country:
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=2186206
tf
Good idea for a board.
I dismissed the first SWG release on their China property due to political risk. Look at the stock now (LOL). I still think there is some good chance that the Chinese will step in and take the whole thing.
tf
Russia, by James Wade - #msg-646984 - #msg-649851 - [two parts]
Implications of Washington Agreement - #msg-649520 - #msg-649566 .. also two parts
Sure i read Jay Chen, have for a long time, since that thread started as Coming Financial Collapse ... did you know he has a login over here ... haven't seen him post here for a while though, not sure i have him peoplemarked, going to check now
[edit] - got him marked for life now - http://www.investorshub.com/boards/profile.asp?user=12708
... guy is such an excellent read even if he wasn't typing on the crucial topic of China, eh ... cheers
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