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Hi Red,
Thank you for the post, I saved the pic!
I won't go on for too long being a week day!
When I was very young I spent lots of time with my grandfather (Pap) who spoke very little about his time in WW1 to anyone other than myself as a young boy, he made me promise that I would never go to war because he said the ordinary people on both sides always lose so much!
My Pap due to being in the home guard ( supplemented his income as a "Clicker" with £6 per year)got sent out to Belgium with a "Pals unit" at the start of WW1, he lost most of his close friends in action and suffered injury several times, although he never received a medal because e he was shot by friendly (British Lewis guns) whilst he was advancing in no mans land.
Anyway after returning from behind the lines hospital his commanding officer volunteered Pap for duty as a gun loader in one of our tanks, after 3 days training his tank went into action and as soon two shots were fired from their tank the interior filled up with smoke because the tanks extractors had been put out of action by sniper fire. the steersman was forced to open his viewing slot and got blinded by shrapnel so lost control and the tank got stick in a hug shell hole.
So Pap and the rest of the crew bailed out and made a run back to their trenches, several days later the same tank crewed by ( Jerry) attacked our lines, although it got stuck in the mud and the crew bailed out and ran back to German lines, and so it went on!
https://www.youtube.com/watch?v=ESKxi4EEDUQ
https://www.youtube.com/watch?v=2MCmKrf91o4
Hi Mr Tibbles
On the subject of tanks, I visited the Queensland Museum in Brisbane a few years ago. They have the only surviving example of a German WW1 tank, dug out of the mud in No Man's Land somewhere in France. Usually, this tank is displayed in a see-through cover, but when I was there, the cover had been removed for some work to be carried out. The lady curator said that she'd worked at the museum for many years and it was the first time she had seen the tank without the cover. And it was only coming off for a couple of days.
It was perfect timing by me. I took some photos of it because of the rarity of the situation, but it was frankly wasted on me. It's a pity I can't load up the photos on this board for any tank enthusiasts. I took 3 photos which are OK - I'm not an expert. There is a photo on Wiki:
https://upload.wikimedia.org/wikipedia/commons/4/4b/Captured_A7V_Tank.png
Shares on major European markets were mostly lower during premarket trading on Monday. Traders were awaiting the Markit services PMI reports for Germany, the euro area and the United Kingdom, while also keeping an eye on coronavirus-related developments.
Meanwhile, the Organization of the Petroleum Exporting Countries and its allies referred to as OPEC+ were set to continue discussions on extending production cuts. Markets in the United States were closed for the Fourth of July holiday.
The DAX fell 0.11%, while the CAC 40 lost 0.20% at 8:00 am CET. At the same time, the FTSE 100 was up 0.05%.
Breaking the News / JC
*no currency data
Well thought out Goldgnome.
Wise words.
Dobel -I would look at last yrs charts and you will see a trend for the next three to five weeks of rapid increase annually in the shares mentioned above up and until the financials are released for all three. Good luck with you decision making but the three mentioned are all cyclical. Price of Gold and Silver for that matter are both on an upward charge at the moment.
Thanks Don
The shareholders of CEY have invested, via the board, about $100m in the Batie Project in Burkina Faso. There has been very little information released to share holders on this, and one would suspect that part of this investment would have been directed at resource expansion. Part of course, was for the Doropo Project which came with the Ampella acquisition, but what about the prime target? Given the geographic and geological proximity, CEY has a foothold on 7 million ounces resource, and should have a good handle on cotrnol of mineralisationint his area. What does gold potential of the area look like? What new targets can be derived, what new ground can be acquired?
Given that divestment is now the preferred option for Burkina Faso, because of a PFS or alike, which has not been released to the funding shareholders, it would be interesting to know what we are selling. Of course the market (one would not hope friends of past "players") will determine the value, but it is a good policy, to build sustainable trust and a sustainable company to let the shareholders know what is going on.
To continue the policies of the past "management" with regard to this asset is not a good look in my view.
best
the Gnome
Not sure which one to pick as one of holdings. Any idea?
Would any santion on Russia affect POLY?
Thanks
why POG is being shorted?
Wall St may be closed but dumps come when PPT say so like middle of the night.
Blame the Russians or Chinese maybe.
I studied Economic History and found it very useful and interesting, along with Maths and some geology later.
Hi Red,
Your nephew is indeed fortunate, another example of how much we have al lost in the UK due to Brexit, the Brexiteers thought they were gaining so much, the reality is quite the reverse as unfortunately due to their stupidity or ignorance!
I feel as though I have been made a prisoner and lost so much freedom, yet I am innocent of any crime!
No change there, then. We may not get a contract dump if gold threatens to cross the $1800 line. I hope we can get through that level on the next try or the one after. Sooner the better.
Hi Mr Tibbles
Well, there is a different interpretation to being free in the US if you are black. There are lots of NAZIs there.
I've just found out that my nephew is going to study for a Master's Degree in economics at Munich University this autumn. His father is Irish, from Dublin, and his mother is English, but it has meant that my nephew has an Irish passport, even though he was born in England. Because Ireland is in the EU, he can go to study in Germany for free. He has to pay for his keep, of course, but there are no course fees.
I didn't like to say it, of course, but I wish he was studying something useful! He likes economic history, so I suppose he ought to read something he's interested in. I'm not sure if he could do this on a British passport now we are not an EU member.
Still, we'll soon be able to get some cheap, chlorinated chicken from the US, so that's OK.
May show abnormal gold price.
Just sayin../
Hi Red,
Very interesting read, thank you!
Amazing isn't it how the US can claim to be a guardian of democracy and freedom and yet it felt it did the US ban civilian ownership of gold ,
Although the US were desperate to knock the United Kingdom’s Pound Sterling off it's pediastal as the worlds reserve currency they planned to invade Canada and then take control of the UK in alliance with Germany the UK.
https://aangirfan.blogspot.com/2013/12/the-fourth-reich-bis-donald-maclaren.html
https://nationalinterest.org/feature/revealed-americas-secret-war-plan-invade-canada-15359
As it was WW2 came along and the Yanks were able to bankrupt the UK selling it seaworthy ships and overpriced military junk including "Tommy Cooker tanks which were were unfit for purpose!
https://www.youtube.com/watch?v=_50EGgz5_Xk
https://forum.axishistory.com/viewtopic.php?t=217773
After WW2 the US remained in occupation of the UK to form a buffer zone in order to be able to carry out war with the Eastern bloc if need , this would ensure that our people suffered retaliation before America.
All the US military personal were exempt from paying any UK taxes, even their ow n personal vehicle could be driven on UK roads without the need for insurance , road tax and MOT, of course all their petrol was bought on the airbase so that was also tax exempt!
US base personal who committed crime or broke the law off base could also claim diplomatic immunity and still do!
https://yorkshirecnd.org.uk/us-military-bases-in-the-uk/
https://www.thesun.co.uk/news/10075756/woman-fled-britain-diplomatic-immunity-death-wife-american-spy/
https://abcnews.go.com/International/us-uk-end-anomaly-allowing-diplomatic-immunity-american/story?id=71916844
The "Brexiteers" claim that the UK was under the influence of the EU and they were claiming back freedom , what freedom , don't they realise the UK is still occupied by more American military personnel than it was during the Norman occupation!
Yes Mr B, the world is run by 'experts'.
Well, according to Alfred Lord Tennyson, the 'experts' were around in his day, causing havoc just as now. I think that's what inspired him to write 'The Golden Year'.
Ah, when shall all men's good
Be each man's rule, and universal peace
Lie like a shaft of light across the land,
And like a lane of beams athwart the sea,
Thro' all the circle of the golden year?
You might have thought a poem like that made Tennyson seem pretty OK, on the whole. I bet this little number wouldn't pass the Woke Brigade today, though:
Man for the field and woman for the hearth:
Man for the sword and for the needle she:
Man with the head and woman with the heart:
Man to command and woman to obey;
All else confusion.
If Tennyson were able to see my sewing efforts, he would surely change his mind. Ah well, the good ol' days, eh?
It looks like poetry Monday has moved to Sunday again.
Its OK Mr T.
Got them , but the ones to Alex were sent back by postmaster as un deliverable at this time.
Sorry had to post again !
mailto:bobbym@buchanan.uk.com
mailto:chrisj@buchanan.uk.com
Hi Mr Bond,
Sorry didn't post the email addresses last time!
Bobby Morse
Chris Judd
What is Sukari Life of asset phase 2? Thanks in advance.
We’ll the aren’t you lucky. You can buy lots more at 50% off due to lousy profits this year and wait for it to come right like me. In the end fundamentals, ie profits, will out but you can understand the scepticism now
The problem is, all "The Experts" have their own agendas, so spout what is best for themselves.
Human nature.
This SP is well below what it should be the MM is a sleep and needs to get it moving ffs
https://www.tradingview.com/chart/DXY/e3gatekl-Advanced-Education-Why-the-US-Dollar-is-Going-to-Die/
The above link provides a nice, simple summary of monetary policy during the last century to date. The conclusion is highly debateable!
The West seems determined to wean itself off oil and use renewable energy sources. Again, that's all highly debateable, or perhaps it's the speed at which the transfer from fossil fuels to renewables that is in doubt. I don't know. The main point is that if oil does become much less important to the $US, just how will America prevent the dollar from losing its reserve currency status? We get back to the economists' arguments about fixing currencies to tangible commodities or acknowledging that a currency's strength or weakness depends on the economic output of a country. After all, many African countries have a lot of gold reserves, but are deemed poor. Germany, for example, doesn't have many gold reserves but owns some gold (but nowhere near enough to back its currency), but is seen as a rich country.
So, is Basel III the next step along the way to linking currencies to a basket of commodities, of which gold and silver play a role? Future monetary policy will try to mitigate the rise of Chinese economic power. For the West, it appears that the next step to balancing debt to economic output is to inflate the debt away. They tried the other way around, but failed.
There is a lot to think about here. There isn't a perfect system, and the experts know more and more about less and less. So they're no help.
Thanks Mr T that may explain it.
Hi Mr Bond,
I know Alex has been on leave, not sure if she is back yet, you could try these next week, let me know if you have no joy and I will see what I can do to help.
Alexandra Barter-Carse
governance@centamin.je
investors@centamin.je
mailtoinfo@centamin.com
Att Sue Bannister
Office Manager:
Centamin plc
2 Mulcaster Street
St Helier
Jersey JE2 3NJ
Or
Bobby Morse
Chris Judd