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While addressing the economy, Tiggre pointed out the misleading nature of nominal highs when discussing gold prices.
With inflation adjustments, he argued, gold’s true value is considerably higher: "One, it's not an all-time high. It's a nominal high. If inflation adjusts, even using the government's nonsense, CPI numbers and real all-time high would be over $3,400 or $3,500."
https://www.kitco.com/news/article/2024-04-19/gold-has-new-buyer-lobo-tiggre
TF Metals Report’s Craig Hemke to address the community’s pressing questions on the FED’s suppression struggles, predictions for gold and silver and insight into BRICS.
Ep 169
https://www.youtube.com/watch?v=8OL1vWVj_7I&list=PLE1y8hGSqr8ar1gKUdfqFDK5ygLIlrdmz&index=1
Quite possibly they are have see through the double act of Martin & Ross's slick sales spiel
The dividend as attractive to institutions but is virtually a thing of the past!
The open pit grades are so poor that it is almost a case of moving crap just for the sake of moving it !
This Q1 2024 report was terrible and the Centamin share price is now dependant upon a high gold price and Martin & Ross are rapidly running out of road to kick the can of "promise next quarter" down!
Doropo is a diversionary tactic that will likely be more millions down the lavatory whilst the new concessions in Egypt are as yet more pie in the sky!
"A healthy pull back!" what utter tosh just like "Overbought" "oversold" are all just stock market casino terminology to try and justify churning the shares to create commissions and fees for the benefit of those parasitic stinkers that milk the crooked and bent casino system known as the stock market!
Hi 3bear,
One of the problems is that the people have been conditioned to believe that the banks have integrity and are run by upright trustworthy people who know what they are doing and act in the best interests of society as a whole, big mistake!
It's just like those that believe that stock market is properly regulated on an equal basis across the board and that no one institution or organisation is given an advantage over anyone else!
Debtocracy, a (not very) new colonial tactic
The principles behind the Israel government’s proposal – to offer debt cancellation in exchange for political favours – are not new. Sadly, this is an example of a practice frequently used by the rich countries of the Global North in a world characterised by neo-colonial financial power structures. This means that the impoverished countries which take out loans with the Global North and multilateral financial institutions (such as the IMF, World Bank etc.) are still largely identical to the ex-colonies. This means that debt is not merely a financial issue but can also be used as a tool of oppression and extortion: the creditor is able to wield power over the debtor, influencing their political decisions.
https://progressive.international/wire/2024-02-02-israels-latest-weapon-against-palestine-is-egypts-debt/en
The Fed’s historic and unlimited stimulus to do ‘whatever it takes’ to replace collapsing aggregate demand will unleash the Great Commodity Bull Market of the 2020’s led by gold….and send gold over US$3,000 per ounce before the end of 2021.”
Only 4 years too early. Hopefully wiser.
So, in April 2024, is gold the “real thing?
https://miningnetwork.co.uk/gold-the-real-thing-meet-the-fortune-tellers-april-17th/
Hi 9Billion,
Thank you for posting this info, also very interesting s the resurgence of Tin mining in Cornwall ahich was halted in the 1990's due to the world market price collapse, not a shortage of high grade tin!
Cornish Metals Inc. engages in the acquisition, evaluation, exploration, and development of mineral properties in the United Kingdom. The company primarily explores for tin, tungsten, zinc, silver, nickel, lithium, and copper deposits. Its flagship projects are the South Crofty project comprising an underground mine permission area that covers 1,490 hectares located in the Central Mining District of Cornwall, the United Kingdom; and the United Downs exploration project located within the historic Gwennap copper and tin mining district in Cornwall, the United Kingdom. The company was formerly known as Strongbow Exploration Inc. and changed its name to Cornish Metals Inc. in July 2020. Cornish Metals Inc. was incorporated in 2004 and is based in Vancouver, Canada
https://miningnetwork.co.uk/cornish-metals-europes-primary-source-of-tin-by-2026-site-visit/
https://cornishmetals.com/investors/corporate-video/
Late on Saturday 16 March 2024, Niger’s military junta announced that it has ended an accord with the US that allowed military personnel and civilian staff from the US Department of Defense to operate in Niger. This announcement came days after Niger held high-level talks with US diplomatic and military officials last week.
https://www.youtube.com/watch?v=E5a5pihfyhc
The US risks losing its military presence in another African country as the government of Chad sent a letter threatening to end a critical security agreement, according to four US sources, a move that threatens to cede more US influence in the region to Russia.
https://edition.cnn.com/2024/04/18/politics/chad-us-troops-threat/index.html
The US built a military base in Niger to combat armed groups that pledged allegiance to al-Qaeda and ISIL (ISIS) in the Sahel region, which also includes Burkina Faso and Mali.
The United States will withdraw its soldiers from Niger as the West African nation is increasingly turning to Russia and away from Western powers.
The US Department of State agreed to pull out about 1,000 troops from the country that has been under military rule since July 2023, US media reported late on Friday.
https://www.aljazeera.com/news/2024/4/20/us-agrees-to-withdraw-troops-from-niger-amid-sahel-regions-pivot-to-russia
The US television premiere of Peter Watkins' film "The
War Game," a graphic portrayal of what would happen in the event
of a nuclear attack on Great Britain. The movie was so powerful
and realistic that the BBC banned it from TV despite the fact
that the film had been commissioned by the BBC and had won an
Academy Award in l966 for best documentary. Although it has been
shown in a few movie theatres in the US, it has not been
presented on TV. "The War Game" is shocking, but is not
sensationalized. It was carefully researched and based on actual
events which occurred in World War II during and after the mass
Allied raids on Germany and the atomic bombings of Japan.
https://archive.org/details/AV_179-THE_WAR_GAME-_THE_REALITY_OF_NUCLEAR_WAR
Rather sobering, even depressing but all too often what are perceived as local conflicts in other parts of the world can lead to war on a much larger scale!
Some Local government officer were obligated to attend numerous government trainng courses on how central government imagined that local government would administer and run the areas of the UK that might have survived a nuclear strike.
Basically local government of surviving areas would be controlled and administered on order of seniority of surviving local government officers from blast proof bunkers, ours still remains now mothballed under a huge water company storage facility.
I thought these old public information films may be of interest to some, they were issued at a time when the UK/ USA governments were trying to downplay the effects of a nuclear strike.
Although made decades ago these films should be watched by every politician/leader the world over to demonstrate the stupidity of war and that once the nuclear button is pushed our the world and all living inhabitants are finished irrelevant of how much wealth and power they thought they had accumulated.
The War Game - Wikipedia
https://archive.org/details/28694CivilDefenseLeaseOfLifeVwr
This black and white training film, made for the United Kingdom’s Civil Defence and Fire Service in 1956, provides a straight forward and unflinching look at the possible effects a hydrogen bomb would have on a major city in that country. Using World War II era footage of rescue work in the aftermath of German air attacks, animations, scale models, and sombre narration,
" THE H BOMB " 1956 UNITED KINGDOM CIVIL DEFENSE TRAINING FILM HYDROGEN NUCLEAR BOMB 41304 : PeriscopeFilm : Free Download, Borrow, and Streaming : Internet Archive
Men and women live in a giant silo underground with several regulations which they believe are in place to protect them from the toxic and ruined world on the surface.
After The Nuclear War, Only The Elite Members Survive in The Bomb Shelter : Spoiler Lab : Free Download, Borrow, and Streaming : Internet Archive
https://archive.org/details/youtube--8IBnbZdVvE
Subject: Threads. This film first aired on the tv, back in the eighties, yes it’s meant to be warts and all, as the protester in the film says, nobody wins a nuclear war
https://archive.org/details/threads_202007
Alternative Views #179: THE WAR GAME: THE REALITY OF NUCLEAR WAR : Frank Morrow : Free Download, Borrow, and Streaming : Internet Archive
Alternative Views #179: THE WAR GAME: T...
Gold’s ‘real’ all-time high
While addressing the economy, Tiggre pointed out the misleading nature of nominal highs when discussing gold prices.
With inflation adjustments, he argued, gold’s true value is considerably higher: "One, it's not an all-time high. It's a nominal high. If inflation adjusts, even using the government's nonsense, CPI numbers and real all-time high would be over $3,400 or $3,500."
https://www.kitco.com/news/article/2024-04-19/gold-has-new-buyer-lobo-tiggre
TF Metals Report’s Craig Hemke to address the community’s pressing questions on the FED’s suppression struggles, predictions for gold and silver and insight into BRICS.
The precious metals experts explore the significance of physical gold deliverability towards the success of the BRICS currency, which is forcing Western central banks to drastically reevaluate their predictions on the gold price.
https://www.youtube.com/watch?v=8OL1vWVj_7I&list=PLE1y8hGSqr8ar1gKUdfqFDK5ygLIlrdmz&index=1
Hi email,
You may be ware but if not then try listening to from "Our own correspondent " which has insight, wit and analysis from BBC correspondents, journalists and writers from around the world.
https://www.bbc.co.uk/programmes/p002vsng
Iran's senior military commander had already issued a statement stating that over 50% of the drones used in the attack on Israel were old technology and basically a way of making a point and that as far as Iran was concerned the matter was closed unless Israel made another attack in which case the next response would be far more serious using the latest drones.
So we shall have to wait and see but it seems that Benjamin Netanyahu and his bunch of cabinet Zionists are intent on starting a regional conflict which the Yanks will likely get pulled into in some form or another!
I agree Mr Gnome , I very much doubt this is over and no wonder considering the continued of persecution and systematic genocide of innocent Palestinians by the Israeli government and now the refusal of America to allow Palestine full membership of the UN!
https://www.bbc.co.uk/news/world-us-canada-68346027
https://www.abc.net.au/news/2024-04-19/us-vetoes-palestine-full-un-membership/103743744
https://www.youtube.com/watch?v=A7nHVvaJQ2k
Mind you our stinking UK government and Switzerland's government abstained!
A very clear statement indeed from the Egyptian officials "No power cuts where it matters!"
Certainly demonstrates the Egyptian governments priorities and just how much Sisi and the Egyptian bureaucracy cares about the welfare of it's ordinary people!
But then it's our Western Banks and governments gangster like tactics along with the USA of course that to a large extent to are to blame, no wonder there are revolutions!
Hi Siko,
Thank you for the explanation and can understand your point about Egypt's need to earn foreign currency .
However that said the vast majority of the accruing debt that poorer nations and third would countries are never going to able to repay is against foreign fiat currencies loans created out of thin air on a bank computor screen.
https://debtjustice.org.uk/blog/egypt-blog-3-who-will-pay-the-price
After being revealed by the Israeli newspaper Calcalist and WikiLeaks, the proposal is getting attention in the Israeli and Egyptian critical press. Tel Aviv appears to be in talks with Egyptian president Abdel Fattah al-Sisi about Egypt taking in Gazans and settling them in Sinai, in exchange for the cancellation of all its debts to the World Bank!
https://progressive.international/wire/2024-02-02-israels-latest-weapon-against-palestine-is-egypts-debt/en
"As Egypt's regime inches closer to fresh dollars, Egyptians continue to be shocked by monthly inflation in the range of 30%"
https://www.newarab.com/analysis/will-egypts-imf-bailout-dispel-domestic-money-fears
Hi Tony,
Several years ago now Andrew Maguire and other's in the business were trying to make a a wider audience aware of what the Chinese were doing and that the the gold price suppression by those that run the system at present was actually making it easier for China to achieve its overall aims!
Well now it's becoming a reality, although a $2100 price cap on gold seems rather low to say the least!