Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Don.t be concerned by a temporary drop in the POG based on job's report that chose to interpret people returning to work after from on strike as new jobs creation rather than the reinstatement of already existing jobs.
The vast majority of these gold sales were for paper and on cfd contacts , not the real stuff which central banks are still buying with great enthusiasm.
According to those big banks the POG is forecast to rise again above and beyond $2000 , the Sukari excess waste clearance contact is in its final stages and there is increasing optimism and enthusiasm amongst those carrying out the exploration of the blocks around Sukari and in the Nugrus region that they they could offer very promising reserves.
not real gold just paper and
In the title:
https://www.marketwatch.com/economy-politics/calendar
GLA.
An interesting and reassuring update on environmental issues-
Centamin's Doropo Gold Project is currently in the definitive feasibility study phase (“DFS”), which includes a detailed environmental and social impact assessment (“ESIA”), stakeholder engagement and a formal permitting and approvals process, which adheres to national regulatory requirements and international good practice, these processes will continue through H1 2024.
Doropo is located outside the Comoe National Park.
The main project development area and infrastructure hub is located more than 35km from the boundary of the park. Doropo involves mining several satellite deposits, with the closest deposit located 7km from the park boundary and the majority located around the infrastructure hub.
Over the last two years, Centamin has conducted comprehensive ecological baseline studies both within the project development area and on areas within the eastern limit of the Comoe park.
These studies confirm that the Doropo Project is located in an area of degraded habitat of low biodiversity sensitivity – the landscape has been significantly disturbed by agricultural land use. Working in cooperation with the national park authority, they have confirmed that core habitat for species of high conservation significance - such as the elephant - are located in the central areas of the park and are not known to range to the east of the park, which is the closest boundary to Doropo.
As a priority, Centamin is committed to uphold its ESG and Environmental policy commitments. In consultation with the relevant authorities, a strategy is actively being developed to avoid direct impacts to the conservation integrity of the Comoe National Park through the sensitive design and development of the Doropo Gold Project; we hope to create opportunities to not only safeguard the conservation integrity of the park but also to be recognised as a valued conservation partner.
For reference, there is a link to the NI43-101 Doropo PFS Technical Report, published in August 2023. The DFS is due for publication mid-2024.
https://www.centamin.com/media/2989/2023-doropo-ni43-101-technical-report.pdf
Tibbs
True Tony, but the converse of your statement when the wall issue hit and/or other issues hit and a bad RNS pops out - then you get a massive whack (would you sooner miss out on potential big gain or take a risk on a potential big loss? Only you can decide at any given point on time.) These big drops, in the past, been more frequent than positive unexpected news.
Having said this, as I’ve said before, I do sometimes leave myself in overnight if I think it’s warranted.
But what I always do is trade on the data, like I did the other day when I posted (before the event) predicted the SP would rise about 2% and it did and then on Friday when I again posted (before the event again) that the data was not supportive and it subsequently dropped 2%. I don’t always post. I will do occasionally in the future, despite the flack I get from Mr T who is just doesn’t report the facts and is clearly clueless.
I agree that there’s way more chance of good news on the horizon than bad, but I can’t control this. However, what I can and do trust my algos and trading strategy on data which is right a lot more than it is wrong. I continually assess risk and all relevant data (what’s up and coming))- and take it from there.
European stock exchanges traded flat ahead of their respective trading sessions on Monday. Late last week, the European Council and the European Parliament found common ground on how artificial intelligence rules will be set and applied, becoming the world's first authorities to do so.
The DAX, the FTSE 100, the CAC 40 and the EURO STOXX 50 were all little changed at 8:01 am CET.
The euro and the pound were both flat compared to the dollar, changing hands for 1.07696 and 1.25411, respectively, at 8:00 am CET.
Baha Breaking News (BBN) / MS
Happy Monday y’al
There is nothing wrong making trades. It is when you get an RNS telling you the company is in a takeover bid situation, or they discover a new Sukari mine a few kilometres away on drill results and then the SP gaps 6p on a delayed opening auction and the time a buy order gets taken up the price when bought is near 12p higher, then an earlier sell trade that made £1500 made on a day before does not look so clever. One never know when fundamentals or trading signals can bite you in the bum. Hence why every decision is an assessment of risk.
Surely then with such a personally tailored and proven trading strategy using your your bespoke algo's there would seem to be little reason to waste your time by being bored on any forum's at all.
Possibly though you derive some satisfaction from clogging up forums boasting about your trading successes!
Seems n a trading range if 80-120 and likely retesting,
Followed not filled in my 4th paragraph below.
My decisions are data based so it is far more common for the these companies to follow my view- they have to release a bit later of course, but my judgement is unconstrained and hence quicker.
I sometime post, I sometimes don’t, depends on what I’m up to.
The key thing I trade on the data the second it drops- and take my decisions accordingly which are very fast - I developed my own algos here so crunch my model within seconds.
My model updates as I change my strategy.
This is how I trade.
And great to see that Reuters, CNBC, F.T . BLS,CNN and a few more have filled and agreed with my take.
I find it a better way to make money as opposed to whining and clogging up forums with endless pointless info like you do.
Steve,
You decided to follow the opinion of Reuters , CNBC, F.T . BLS,CNN and a few more and yes this time it turned out right.
global bitcoin mining is highly dependent on fossil fuels, with worrying impacts on water and land in addition to a significant carbon footprint.
according to study results, published by the united nations university and earth’s future journal, during the 2020–2021 period, the global bitcoin mining network consumed 173.42 terawatt hours of electricity. this means that if bitcoin were a country, its energy consumption would have ranked 27th in the world, ahead of a country like ****stan, with a population of over 230 million people. the resulting carbon footprint was equivalent to that of burning 84 billion pounds of coal or operating 190 natural gas-fired power plants. to offset this footprint, 3.9 billion trees should be planted, covering an area almost equal to the area of the netherlands, switzerland, or denmark or 7% of the amazon rainforest.
during this time period, bitcoin's water footprint was similar to the amount of water required to fill over 660,000 olympic-sized swimming pools, enough to meet the current domestic water needs of more than 300 million people in rural sub-saharan africa. the land footprint of worldwide bitcoin mining activities during this period was 1.4 times the area of los angeles.
the un scientists report that bitcoin mining heavily relies on fossil energy sources, with coal accounting for 45% of bitcoin's energy supply mix, followed by natural gas (21%). hydropower, a renewable energy source with significant water and environmental impacts, is the most important renewable source of energy of the bitcoin mining network, satisfying 16% of its electricity demand. nuclear energy has a considerable share of 9% in bitcoin’s energy supply mix, whereas renewables such as solar and wind only provide 2% and 5% of the total electricity used by bitcoin.
china, by a large margin, has been the biggest bitcoin mining nation. to offset the carbon emissions from china's coal-intensive bitcoin mining operations in 2021–2022, about 2 billion trees should be planted, covering an area equivalent to the sum of portugal and ireland or 45,000 times the area of central park in new york city. aside from china, the world’s top 10 bitcoin mining nations in 2020–2021 included the united states, kazakhstan, russia, malaysia, canada, germany, iran, ireland, and singapore.
https://unu.edu/press-release/un-study-reveals-hidden-environmental-impacts-bitcoin-carbon-not-only-harmful-product
9 Dec 2023
Prominent UK Human Rights Lawyer Daniel Machover says:
- Genocide Convention MUST BE INVOKED at International Court of Justice
- ICC Prosecutor Karim Khan has “FAILED IN ONE OF HIS MAIN DUTIES” to create a deterrent for Israel’s crimes against Palestinians
- Netanyahu CAN be arrested
Daniel Machover is a leading British human rights lawyer who has represented clients in some of the most high profile civil cases in the UK including the Grenfell Tower Inquiry. Daniel is a partner at London law firm Hickman and Rose and a co-founder of Lawyers for Palestinian Human Rights. He has previously managed to obtain arrest warrants in the UK for former Israeli foreign minister Tzipi Livni and former Israeli general Doron Almog, who are both accused of war crimes against Palestinians under occupation.
Mark Seddon is a former UN Correspondent for Al Jazeera Television who also served as a speechwriter to the former UN Secretary General Ban Ki-moon.
https://www.youtube.com/watch?v=xPQqKAcXJBY
Boycotts against Israel in US can be punished by law
Two months into the Israel-Hamas conflict, the boycott of Israeli companies and products has grown exponentially in the US, mirroring the increase in pro-Palestine protests. The Boycott, Divestment, Sanctions or BDS movement, which began in 2005 in the Occupied West Bank, has long been a tool for Palestinians to take non-violent action. But more than half of US states have laws in place banning such a boycott, something that doesn't apply in other countries. Yasmine El-Sabawi reports.
https://rb.gy/ua9q1u
Egypt relies heavily on revenues from Ukrainian and Russian tourists, so when the war broke out in February 2022, its economy was hit hard. The number of yearly tourists from both countries plummeted from 35 to 40 percent, according to local figures. Egypt is also the world’s leading importer of wheat. When prices soared as a result of the war, the country’s economy bore the brunt.
In the ten years Sisi has been in power, Egypt and its 105 million inhabitants – largely reliant on a steady drip of Saudi Arabian aid – have been plagued by poverty.
https://rb.gy/1ru9bm
According to france24 and trt world news
sissi use's the same/similar principles in elections,as putin?
Marking the 75th anniversary of the adoption of the Universal Declaration of Human Rights, Dr.Malki: The rights of the Palestinian people have been violated for 75 years, foremost among them the right to life.
Speaking at the Doha Forum, UN Secretary-General Antonio Guterres has addressed the humanitarian catastrophe unfolding in Gaza and the international community’s response.
Here are the highlights of his remarks:
UNSC is paralysed by geopolitical divisions, its credibility undermined by the inability to pass a resolution urging a Gaza ceasefire.
Serious efforts are needed to bring global institutions to better address global challenges, such as the Gaza war.
We have never seen so many civilian casualties in such a short period during my mandate at the UN. The situation is quickly deteriorating into catastrophe, with potentially irreversible implications for Palestinians as a whole and peace and security in the region.
I will not give up on trying to forge a humanitarian ceasefire in Gaza.
https://rb.gy/mounft
Mostafa al-A’sar, a non-resident fellow with the Tahrir Institute for Middle East Policy, a non-profit that focuses on Arab voices in policy debates, said el-Sisi wanted to be re-elected before imposing crippling austerity measures.
He explained that el-Sisi wants the legitimacy of a new electoral victory to justify tamping down any dissent that may erupt from his economic policies.
“He’s doing this election to restore his legitimacy,” he told Al Jazeera.
During the last 10 years, el-Sisi has borrowed from foreign creditors to finance several projects such as a new administrative capital. His spending spree has quadrupled Egypt’s foreign debt, which needs more than $28bn to meet repayments next year only.
https://rb.gy/hj5r26
In Egypt, polling stations opened for a presidential election on Sunday.
With some 67 million people in the country eligible to vote the voting period extends until Tuesday, and the results are slated for announcement on December 18.
The presidential election is widely anticipated to result in the re-election of the incumbent leader, President Abdel-Fattah El-Sissi.
Baha Breaking News (BBN) / NL
Gold miners and gold are too slow.... learned my lesson in the last 3 years investing in gold miners' shares ...i already made over 130 percent profit within 2 months with crypto miners.
Blackrock ETF coming soon .....other nations legalised Crypto.... too many bullish events.
Watch gold trying to push over the 2000 range last 3 years then get dragged down again...why wait.....we all just want to make money.... gold is just too slow...
Thatcher was popular in the United States, and her political soul mate, President Ronald Reagan, did not nearly inspire the same amount of hatred. It's difficult to imagine the death of an American politician being met with similar protests.
Ding Dong the Witch is Dead" The original Judy Garland version of the Wizard of Oz classic that celebrates the death of the wicked witch has reached #1 in UK iTunes and has sold almost 30,000 copies thanks to an online campaign by people who are celebrating the death of Britain's only female prime minister, Margaret Thatcher.
LONDON April 12, 2013 Thatcher died from a stroke at the age of 87. Many people mourned that woman that Prime Minister David Cameron said "saved our country."
But many others think of Thatcher and explode in fury, blaming her for polarizing the country, violently cracking down on her opponents and pursuing policies that increased inequality.
Her critics took to Facebook to encourage people to buy a song that equated her with the wicked witch – and they have responded in droves.
https://tinyurl.com/ujbtc3dn
thatcher was a force of devastation, who destroyed british industry and laid waste to communities that have never recovered; who sold the country’s fortunes to a deregulated financial sector and encouraged a speculative culture with disastrous consequences; and whose premiership was defined by the pitched battles of the 1984 miners’ strike, by inner city riots and by the social unrest over the hated poll tax that eventually led to her political demise in 1990.
in foreign affairs, she dismissed the apartheid-fighting africa national congress in south africa as “a typical terrorist organisation” and refused to back sanctions against the ****** state, and drank tea with augusto pinochet while the former chilean military ruler was being held under house arrest in london as part of an investigation into human rights abuses.
thatcher pursued policies that caused great suffering to millions of ordinary working class men and women in this country, she decimated the uk manufacturing base, causing unprecedented mass unemployment by using virtual police state methods to suppress the miners’ strike. the miners were effectively starved back to work, these were very cruel and heartless policies!
in former mining villages in northern england there were widespread celebrations, with pubs declaring happy hours as they were inundated with jubilant drinkers, including many veterans of the miners’ strike.
thatcher drew comparison between the fight to defeat the miners and the war with argentina two years earlier, saying: “we had to fight the enemy without in the falklands. we always have to be aware of the enemy within, which is much more difficult to fight and more dangerous to liberty.”
david hopper, the general secretary of the durham miners association, who also celebrated his 70th birthday on monday, said he was simply pleased to have outlived thatcher.
“it looks like one of the best birthdays i have ever had. there’s no sympathy from me for what she did to our community. she destroyed our community, our villages and our people,” said hopper.
“our children have got no jobs and the community is full of problems. there’s no work and no money and it’s very sad the legacy she has left behind.
“she absolutely hated working people and i have got very bitter memories of what she did. she turned all the nation against us and the violence that was meted out on us was terrible.”
Out for a tiny profit...far to volatile
Hard to imagine there will not be a change in President.
Presidential hopeful Nikki Haley delivered the Margaret Thatcher lecture!?
At 51, Haley’s ambition is clear: to become America’s first female president. She is rapidly gaining in the polls, she is drawing huge donations from billionaires. Wall Street’s best, such as JP Morgan’s Jamie Dimon, praise her and as her performance in the final Republican presidential debate this week showed, she can slug it out with fierce male rivals such as Florida governor Ron DeSantis.
But there is one massive problem. Like her closest rivals for the Republican nomination, she is trailing former president Donald Trump in the polls by 50 points.
Professor Allan Lichtman, who has accurately predicted every US president since 1982 with his ’13 Keys’ methodology, tells AFR Weekend that Haley is in this race for three reasons; delusion, future candidacy and the chance that Mr Trump, who faces 91 criminal charges, ends up in jail and loses the nomination.
Buying physical metals for delivery is essential for a balanced portfolio .
whether the predictions on the episode 152 are accurate or not,it is US election year, while Biden is in power ,Powell will continue his policies,which are neccesary to keep the $ from going down . And of course keep powell in a job as FED president .
Highly unlikely if the president changes.