Chevy thank you, Africa's one of the lowest cost gold producer - doing very well - Ex. CALVF - NO DEBT - CASH >$27 million in London banks - Paying 8% Dividend - Gold produced @ $599/oz - - Sold 51% of Blanket Mines for >$30 million to mine workers and their community - collecting 10% on the >$30 mil. to payed in full - Managing the Gold Mines -
CALVF P&F TA Bullish price objective $4.38 per share -
Zimbabwe (Rhodesia) mining firms agree to 3% pay hike Mine companies operating in Zimbabwe have agreed to raise minimum pay for workers by 3% - Godfrey Marawanyika (Bloomberg) | 24 February 2015 10:43
hand shake - deal making - credit Geraint Rowland Mine companies operating in Zimbabwe including Rio Tinto Plc and Impala Platinum Holdings Ltd. have agreed to raise minimum pay for workers by 3 percent, according to a circular verified by a union official.
While the agreement is below the 10 percent raise the Associated Mineworkers Union of Zimbabwe initially demanded for platinum and diamond miners and 6 percent for other minerals mine companies had proposed a wage freeze, a circular from the Chamber of Mines showed.
The increase, which compares with a 1.3 percent annual decline in prices in January, comes as Zimbabwean companies struggle with increased taxes as the country is struggling to meet a government workers wage bill that accounts for about 88 percent of the budget. Rio Tinto has told staff that the taxes threaten the viability of its Murowa diamond mine.
“We have just agreed to this because employers were saying government and the central bank have said there shouldn’t be any salary increases this year,” Tinago Ruzive, secretary general of the union, said in an interview, confirming other details in the document.
Zimbabwe has the world’s biggest platinum and chrome reserves after South Africa as well as deposits of diamonds, iron ore, gold, coal and nickel.
Anglo American Platinum Ltd., Impala and Aquarius Platinum Ltd. Caledonia Mining Corp., operate mines for the precious metal in the country.
BREAKING NEWS: Richard Russell Just Exposed A Coming Event That Is Going To Shock The World! The Cure That Will Shock The World – Reset Gold Price To $5,000 or $10,000! February 25, 2015
jsc52033 thank you, the TI Chart Point & Figure - P&F is made out automatically figured out by the computer based on the trading history of the issue it representing -
CALVF P&F TA Bullish price objective $4.38 per share -
CALVF - Africa's lowest cost gold producer - doing very well - Ex. CALVF - NO DEBT - CASH >$27 million in London banks - CALVF - Paying 8% Dividend - CALVF - Gold produced @ $599/oz - CALVF - Sold 51% of Blanket Mines for >$30 million - - to mine workers and their community etc. - CALVF - collecting 10% on the >$30 mil. to payed in full - CALVF - Managing the Blanket Gold Mines -
Uploaded on Apr 19, 2008 Later kingdoms existed after the fall of this one, Barbosa wrote in the 16th that the king of Benametapa was a "lord of an exceeding great country". If we are to consider this an exaggeration then we should see it as simply a great country as opposed to an "exceeding great country"
European intervention helped lead to the decline of African kingdoms before destruction by colonialism, if they didn't have the military might to take over through out right force they were strong enough with their gun powder to meddle in politics and trade routes. Livingstone said in 1856 "the only evidence of greatness possessed by his successor is having about a hundred wives, when he dies, a disputed succession and much fighting are expected."
"Cloaked in darkness since medieval times, the spectacular ruins of the once dazzling, southern African kingdom of Great Zimbabwe posed a thorny dilemma for white settlers who claimed to have 'discovered' the region a mere hundred years before. Refusing to believe the massive, finely hewn walls could be the product of native culture, white "experts" eager to claim the land for Europeans credited the ancient city to everyone from wandering Phoenicians to the biblical Queen of Sheba. In so doing, they began a long insidious European tradition of willful misinterpretation of Africa's past, until, in the ultimate irony, the place where human history began would become a place with no history of its own.
Now, trek inland to the remote site of Great Zimbabwe, a fabulous "lost city," which reached its glory in the 14th century. Then, sift the sands of time to uncover the equally splendid culture of Africa's Swahili Coast. The fabulously wealthy center of the thriving gold and ivory trades until the 16th century, its cities now lie all but forgotten, buried under centuries of indifference. Reclaiming their past from a long tradition of racial prejudice and neglect, the descendants of these lost cultures are only now discovering the extraordinary achievements of Africa's indigenous civilizations.
Actor Sam Waterston hosts this ten-part series that revisits ancient cultures on four continents. Dramatic re-enactments recall key historic events, and attractive location footage provides viewers with interesting information about the featured cultures. This episode looks at some of the trade routes established by the ancient, sub-Saharan tribes of Africa."
Rallies of $100 - $200 are quite normal in these types of technical - situations, and there’s more good news. That’s the seasonal chart for gold, courtesy of Dimitri Speck.
From a cyclical perspective, gold tends to sell-off quite violently - until mid-March. Then it typically bases, and rallies strongly.
The main reason it does that, is because of - the Indian wedding season. That begins in mid-March, and continues - until June.
Mining CEO Rob McEwen forecasts $5,000 gold - 12:52 pm by Orkan Ozkan column image
ONE OF THE SMARTEST GENIUS MAN IN THE WORLD - WHO HAS NOT GOT BRAINWASHED - BY THE NWO 666 SCUMBAGS YET - Rob McEwen, founder of the major gold mine Goldcorp and CEO of McEwen Mining, told investors at the Prospectors & Developers Association of Canada (PDAC) convention on Wednesday that he continues “to believe we’re going to see higher prices in gold.”
How much higher? Up to $5,000/oz., he suggested in his presentation.
He spoke of the exploding U.S. money supply, stating that the Federal Reserve has expanded it “dramatically, without precedent.”
He also discussed the national debt, which now stands above $18 trillion (see this post for visuals of just how huge that number is), warning “this historically has been a rather dangerous place to have debt, that amount of debt.” The goal of taking on more debt and expanding the monetary supply is to get consumers to spend more, he said. But that goal is not being achieved:
“All this extra debt, all this money expansion has not produced the spending that the government’s looking for. This suggests to me that … there’s going to be more quantitative easing, there’s going to be higher levels of debt relative to the GDP. And that in turn leads to inflation.”
He added that a Gauguin painting was recently sold by Sotheby’s for just under $300 million, while a condo in New York went for $95 million. He believes this “send[s] a message that money is not valuable anymore.”
McEwen also acknowledged that annual gold production is on the decline and exploration has been “cut to the bone.” He sees strength in gold demand, however, and referenced the rumor that production of the Apple Watch luxury edition containing up to 2 oz. of gold could use up a third of the world’s annual gold supply.
Regardless of whether McEwen’s forecast becomes reality, why not buy gold while prices are still low? Call American Bullion today at 1-800-326-9598 to speak with a precious metals broker about buying gold or silver for your retirement account or direct delivery to your home. You may also request a Free Gold Guide by submitting the form at the top of this page.
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