Firering Strategic Minerals: From explorer to producer. Watch the video here.
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In the title.
I am looking at this FOMC baloney 15 billion taper a month and no talk of rates whatsoever.....I am trying to find an analogy..alcoholic cuts out 1 small beer a day and carries on as normal....I'm not sure that really cuts it...alcoholic vows not to drink the last drop in each can ? I am surprised gold hasn;t exploded upwards....inflation is left to roam freely and a taper of no consequence that they will cancel out(and alot more) behind the scenes meaning THERE IS NO TAPER...it;s just for SHOW
He has talked about rates and inflation and he will act to changing conditions. He's said what was expected. He can't spook the markets and there is no reason to. What did you expect him say?
Ooops! I can see you’ve responded on the POLY board , thanks. Right, now to watch the footie :-).
Yup time to close up.....I m reminded of something i read about Mugabe and how he declared to print away all his problems and we know how that turned out....the US seems exactly the same except they claim now they are just going to go a fraction more slowly down the same road....
Typos corrected
Powell claims the FED acted forcefully once they knew committee members were trading, The FED were aware of the behaviour and what was going on a long time ago. They only acted when Senator Warren took them to task and there was nothing forcefully going on beforehand.
The fact they dress up this statement and present with different rhetoric advertises the complete indifference to moral standards and leadership in that organisation. Powell presents that response in a way as if the global public and media are completely and utterly stupid. Powell has systematically undermined everything the FED was suppose to achieve and trundling along as if nothing was wrong does not cut it. Biden saying he is embarrassed at what happened in the USA Federal reserve Bank is not good enough. To borrow a phrase from Trump, its time to clean up the (FED) swamp.
The FED is simply trying to cover up the fact that in reallty the US is Bankrupt, from the Amrican public as is their two party political system.
The only ammunition they really have is US $ is World Resrve Currency for the foreseeable future.
They'll print their way out of bankruptcy.
Charlesrixon
The significant underperformance is tied to a guidance cut related to a shift in mining plans following movement in a localized area of waste material at its Sukari Mine.
While Centamin points to significant growth ahead (2021-2025), production is still expected to be below 2019 levels, and well below peak production levels even after operations have returned to normal.
There's your answer.
I would add that this cut us(SP) by around 25% in Oct2020.
Since then pretty much performed like the majority of PMs.
The sector has been unloved YTD.
Unfortunately it seems that there are a majority of hypercritical self serving even corrupt politicians and ministers holding the most powerful positions in most governments the world over
What hope is there when the people of the UK elect this shower of stinkers with such a majority with very little option to replace them in the future due too the outdated and unfit fir purpose "First Past The Post" electoral system and replace them with a cross section of the other political parties!
https://www.thelondoneconomic.com/politics/full-list-of-mps-who-voted-to-rip-up-the-rule-book-and-let-paterson-off-the-hook-299796/
"If Tory MPs in Parliament reject the Standards Committee finding against Owen Patterson, it will signify that the Conservative Party is content for us to become an endemically corrupt state. "
https://westcountrybylines.co.uk/a-plea-to-the-regions-conservative-mps-show-you-are-not-careless-callous-or-corrupt-dont-let-paterson-off-the-hook/
The British opposition has reacted angrily to reports of Prime Minister Boris Johnson’s flight during COP26 climate summit. The Daily Mirror wrote that the Prime Minister flew to London in a private jet from Glasgow, where the climate conference is being held, for dinner at a men’s club. “Shocking hypocrisy,” said Anneliese Dodds of the left-wing Labour party.
https://netherlandsnewslive.com/boris-johnson-under-fire-for-hypocritical-private-jet-flight-for-dinner-at-london-mens-club-abroad/274706/
https://www.independent.co.uk/news/uk/politics/boris-johnson-private-jet-doncaster-darlington-train-time-air-pollution-a9239261.html
Johnson/Farage,Jacob Rees Mogg ,the right wing politicians press and others with vested corrupt personal interests spun the UK electorate a yarn that appealed to the very worst in people and the public fell for it hook line and sinker!
As share holders in Centamin there is little doubt that Andrew Pardey and his previous management team took advantage of our better nature and spun us a yarn and we fell for it hook line and sinker!
I challenged Andrew Pardey about the findings and concerns in both of Kees Dekker"s reports of 2015-2018 and he denied any knowledge of either, he also ignored my emails
So there we have it, conned by our present UK government and conned by our previous Centamin CEO and his team, lets hope that things are at least changing at Centamin now!
Absolutely agree Mr Bond, yet our UK government still supports the US when it could be a participating and a contributing member trading and bringing about change for the better in Europe!
Always did always will that's a given.