Business

Going For Gold [Au]: Wise Nations’ Leaders See Beyond The Horizon

Russia, is predicted to lead China in mining of Gold, in future years, per Fitch Corporation. In its analysis of Gold Mining Operations, Fitch thinks that the prodigious production rates of Gold mining will increase even further than present rates of production, in Russia.

China has taken a cautious view of Gold mining processes. Cyanide is used extensively in the conversion process. Mining raw ore; crushing and grinding; heap leaching with Cyanide; Carbon processing, to Dore; to smeltered purity is the methodology. Since Chinese populations are near present-day mining operations, a retardation of Au activities, in China, is the result.

China presently, has expanded its Au production desires to South America, where substantial Au mineralizations are located. In a large commercial transaction, the Chinese have wisely accumulated ownership interest in Argentina. Venezuela, with large Gold deposits, are of interest, and one can easily envision others locations of their possible future intentions: Bolivia, Chile, Ecuador, and Peru immediately come to mind by we, who consider such assets.

Russia has a enviable Au environment in which its mining companies deal: that is, large deposits of Gold, many being relatively distant from large populations. Since the cost effectiveness of Gold mining is certainly scalar, going from ‘Shaft’ Mining’ to “Open Pit’ Mining’ will lead to significant cost savings. ‘Up Front’ costs are much greater in the latter; for example, Excavators, Graders, Haulers, Shovels, and the like must be utilized. However, in ‘Shaft Mining’, with its ‘descent’ followed by ‘branching’, followed by ‘descent’, and then again, ‘branching’, is not very efficient. In shaft mining, ore grade quality is of extreme importance; one ‘follows the vein’ Typically, quantities are far less recoverable than in ‘Open Pit’ operations. . Open Pit’ mining, if Au deposits are of significant size, and ‘good’ ore grade quality, wins the scalar-efficiency race.

In Mining, beyond the day-to-day costs, risks and rewards, is the fundamental economic truth: Since the dawn of civilizations, Gold has been revered as of lasting value; ‘Ink printed on paper’ “Fiat Currency” has not. It will not endure as a steadfast measure of value. Even its composition is ‘weak’ compared to Gold. The alleged, 6,000 tons of Gold, said to be held by the U.S. Government, verifies that America also agrees with China and Russia about the inherent worth of Gold.

Reality: Metallic Gold, which came to Earth from outer space, is a ‘Heaven Sent’ enduring-value commodity; It makes ‘Fiat Currencies’ “fodder for fleecing the financial foolish”.

Reference: https://russiabusinesstoday.com/economy/fitch-russia-will-overtake-china-in-gold-production-within-decade/

As Millions Of People Go To The Internet For Commerce And Entertainment, Tax Enforcers Go After Them

The seismic shift of ‘Retail’ consumers going from ‘Pedestrian Shopping’ to ‘Internet Shopping’, steadily increases around the world. This fundamental change in buyers’ techniques is brought about for both convenience and now, due to necessity. The Coronavirus [CV-19] Pandemic, tragic as it is as an Influenza, which can kill, has produced a ‘Commercial Side’. This includes: Increases in retail sales of ‘Pathogen Preventers’ [Sprays, Wipes, et al], Toilet Paper, Vaccine Research Equipment, Pedestrian Control Devices, Bicycles, and Internet Entertainment Contracts.

Many governments, have dwindling revenue streams, caused by negative commercial effects of CV-19. They are now determined to supplement money flows to their Treasury Departments with Value Added Taxes; this, as well as other revenue gaining approaches. We, in International Business, are loathe to see increases in taxes without commensurate increases in benefits to those who pay the taxes. However, we fully understand the needs of governments to sustain themselves; without governments, chaos will surely arise for populations. The ‘fine balance’ that is required: A particular tax to not ‘overburden’ the taxpayer, yet help provide sufficient cash flow towards required treasury needs.

We think there is an even better way to facilitate Treasury Department needs; Close down ‘small’ “Money Launderers” illicit operations of Criminal Enterprises. In particular, by stemming cash ‘outflows’ from a country, a economy is stronger. Also, by carefully examining ‘large’ “legitimate” Corporate investments in other countries, one may detect money laundering on a grander scale. “Piety”,of both behavior and thought, is not evidenced by merely wearing a fine suit and wearing a necktie. Over the years we have met many individuals who have tried to appear, through attire and professional demeanor, as ‘Innocent as Lambs’ but in reality were ‘Black Mambas’, poisonous to their cores. They surely did, do, and will do everything to keep their cash, “Governments’ needs be damned”, is their credo. Fortunately, they are not in great abundance.

The ‘Bottom Line’ is: Treasury Departments need to be aware how, where, and why countries’ cash flows, particularly illicit, are occurring, and then, if criminal, stop them. Also, taxation of the citizens, should be at a level commensurate with the citizens’ gains from their ‘acquisitions’.

Reality: Like superb mechanical Wristwatches, those entities with the greatest accuracy, which endure over the longest time, are of the finest balance.

Reference: https://thefinancialexpress.com.bd/trade/no-more-free-lunch-banks-collecting-vat-on-use-of-foreign-movie-channels-1592452941

Cyprus Leads Other Clean Waters European Countries as Beaches Are To Be Enjoyed

Cyprus has lead the way in clean, clear waters for its beaches. Other countries in extremely close rankings are: Austria, Malta, Greece, and Croatia; all are to be congratulated. As International Businessmen, we know from our travels, how enticing is is to swim in clean, clear waters. Additionally, from a commercial point of view: ‘Cleanliness and Purity of Waters’ are sought for man’s psyche [beautiful, compelling, and rewarding].

International visitors, with much cash to spend, will seek out not only ‘Five Star’ hotels, but will also seek out beautiful beaches which are deemed ‘Safe’ in which to swim. Smart businessmen should certainly seek certification of their adjoining waters as an excellent marketing tool.

It behooves all businessmen to do everything possible to make sure their beaches and waters are not only ‘non-polluted’ but of the highest level in ‘cleanliness and clarity’. Clean waters can make for: Clear ‘Selling’ of one’s “ship” to possible ‘passengers’. It can mean more Euros into one’s business bank account.

Reality: A wholesome image, backed by verification, endures for those who want to win.

Reference: https://www.financialmirror.com/2020/06/09/cyprus-has-cleanest-beaches-in-europe/

Australian Bureaucrats, In A Short Span Of Time, Allowed 46,000 Years Of Culture To Be Devastated

When a mining company wanted to engage in site development, it obtained the proper certification from the Australian government. The problem is that the bureaucrats in the government did NOT properly engage in ‘Due Diligence’; this, in assessing the effects of the intended actions of the mining company applicant. Negligently, they approved its permit. The explosives detonated, during site development, collapsed the Aborigines sacred caves; artifacts were destroyed. Unfortunately, 46,000 years of culture went up in smoke, due to the explosives’ forces. .

It appears that the Federal Government of Australia is re-thinking the entire Permit Process on Indigenous lands; this is good. Another large mining company, apparently understood the tragedy of the damage due to ‘Bureaucrat Inefficiency’ and lack of cultural cognizance. This new applicant must now carefully proceed with its intended mining activities. Since mining companies want to engage in resources extractions, with NO intentions of destroying cultures, they ALL must heed the opinions of those who own the land; this, if they want to mine successfully therein.

We love mining and understand the arduous nature of this ‘beast’; one which can be very unforgiving to those ‘plying the ground [above or below]’. It is our opinions that in evaluating a possible site, beyond the topography, core and seismic evaluations, mining executives MUST consider: the flora, fauna, and “Occupant Culture”. That which existed and/or exists, must be entered into the investment equation. This, even if it adds expenses to a potential operation.

Land remediation should also be duly costed into a potential project. It behooves EVERY mining operation to leave a mine site similar to what it was, before even core samples were obtained. Good “Community Will’ is priceless for a successful business. The smell of a bad reputation exceeds the location of the ‘business corpse’.

Reality: There is NO substitute for Integrity, an asset which can only be earned, never purchased.

Reference: https://www.brazilsun.com/news/265435162/australian-indigenous-groups-vow-to-protect-sacred-sites-from-mining

DT Having Treasury Distribute Monies Quickly To Businesses And Citizens

Expenditures Timing Can Be Vital For A Nation’s Recovery Of Economic Health

All too often, various Nations political leaders are loathe to spend monies towards the well-being of their civilian citizens, but do so with gusto for their militaries and the equipment used by them. For example, Greek leaders purchased submarines, for its financially encumbered country, from Germany, and at least one of the vessels has been described as being dry-docked for several years since acquired. The money spent would certainly help it today as it faces the economic challenges of the insidious virus: CV- 19. Other Nations leaders are just as irresponsible in purchasing hardware for military use, while their citizens can barely acquire food.

The current Covid-19 Pandemic, which a minutiae of non-political International Businessmen, thought had been ideated, and later constructed, then distributed, causing voluminous deaths and hardships, is financially calamitous to many countries. The question of non-political International Businessmen is now, who will show governmental financial leadership and get their country energized again, and which leaders will merely bemoan the situation and not know what to do. America’s President, along with his prudent ‘Ministers’, decided to act decisively and attack both the psychology of ‘Financial Malaise’ as well as its economic destructiveness to the country’s monetary structure. To this, we, as non-political International Businessmen, give them much credit.

Observations are being made as to what other countries’ leaders will immediately do to help their citizens; or will they merely procrastinate about the situation? Their citizens need to determine are their ‘leaders’, ‘Leaders’, or are they ‘Litters’? Only time will tell.

Reality: A true “Leader’ plays his or her hand to the very best of one’s ability, in a steadfast manner, and eventually gains control of the situation. 

Reference: https://www.washingtontimes.com/news/2020/jun/9/cbo-trump-team-should-get-lot-credit-fast-coronavi/

Air India Learns: Composite Aircraft Advertised “Lightweight” Is ‘Stealthy’; “Fuel Saving” Is ‘Cloaked’

News Analysis: Air India Learns: Composite Aircraft Advertised “Lightweight” Is ‘Stealthy’; “Fuel Saving” Is ‘Cloaked’ since “Manufacturing” may be at odds with “Marketing” where it involves Commercial Airline Manufacturers.

Beyond the varied inherent problems in Carbon/Carbon Composites (as ‘Rain in the Plane’), there is also the problem of strength to highly stressed areas of an aircraft such as the “Wing Box” where it merges into the fuselage. Other areas such as the wing interfaces (hard points) with engine pylon nacelles may require additional support for strength. The list goes on and on.

Where strengthening is required, ‘Doublers’ made of Carbon/Carbon Composite can be fabricated. In many cases, Stainless Steel or Titanium is required for maximum strength. ALL of the ‘Doublers’ add weight; much more than many ‘Marketeers’ will admit to customers.

Fuel burn increases occur, with the added weight of structural enforcements, subsequently added in production. The vaunted: “5%”, “6%”, “10%”, “12%”, or “15%” Fuel Savings, touted by some airframes, is an illusion in many cases.

Since Carbon/Carbon Composite Construction FOR COMMERCIAL AIRCRAFT, is with a very short history, it is likely such aircraft can be expected to be written off in a much SHORTER LIFE SPAN. Metal aircraft have decades of life-span confirmation. They are not subject to deterioration from Solar Ray degradation of the metals (as are the adhesives used in Carbon/Carbon Construction). Furthermore de-lamination of the plies (due to stressing over time) weakens the fabrication significantly.

The Ethiopian Airlines Battery Fire, which was widely disseminated in the press, demonstrates another shortcoming of Composites: Heat. Allegedly, the Airframe rebuilt, in purported secrecy, the area that was damaged. “Why the concealment?” many airlines ask. 

Lastly, Composites do not dent; they fracture when hit. Any Landing Gear Failures will demonstrate the “Shattered Egg Shell Principle” as  Composite Aircraft Fuselages hit runways. 

From a Manufacturing perspective: If an Airline wants Longevity, Reliability, and Safety (LRS), Metal Constructions cannot be beat; a long History demonstrates this simple fact.

Alleged “Light-Weight” Construction is an also-ran in the ‘LRS’ Evaluation of Airline Aircraft to Purchase.

What materials may be suitable for Warfare Environment “Expendable” Military Aircraft is not necessarily the best for the travelling public in Commercial Airliners.

Reality.

Reference: http://seattletimes.com/html/businesstechnology/2023756440_boeingairindiaxml.html

International Businessman Credo

International Businessman Credo

An International Businessman understands that: Perseverance, Preparation, and Professionalism, Produce Profits and Progress.   The Road to acquiring the aforementioned Assets takes Dedication, Desire, and Discipline. This, not for just “Making a Buck”, but for enjoying the Challenges, Honing one’s Abilities, Leaping the Hurdles, and Humbly Succeeding without sophomoric Mass Media Adulation.

One thing that has been made abundantly clear from all of Our Years of  Commercial Exposure: An International Businessman is not just a “Fellow with Abundant Financial Resources” [perhaps acquired by Guile, Inheritance, Larceny, Luck, or ‘rarely’ Talent]; but more of “A Soaring Eagle” who understands ‘The Rules of Flight’, ‘The History of Soaring High’, ‘The Frailties of Feeble Behavior’ and, most importantly perhaps, ‘The Powers of “Mother Nature”’. The International Businessman, while trying to become a “Soaring Eagle” has experienced being blinded by the Sunlight and at times severely chilled by the cold atmosphere. ‘Negative’ Real Life Experiences have not weakened him, but made him stronger.

We have been asked for Decades: “How does one become an ‘International Businessman’?”; “Can you teach me the Business ‘Ropes’ so I can become ‘Global’?”; “Is there a “Quick Way’ to Success?”, “Can I, as a Female, become an International ‘Businessman’?”; “Is it possible to acquire Money and Power Legitimately?” To these questions, we can provide the following response: “If One is Singularly Dedicated to becoming an ‘International Businessman”, All Things are Possible”.

One very important element that must be understood by all, regarding this “Mount Everest” Challenge is “One MUST Fly Straight” i.e., “Be your Word”, “Say what you Mean and Mean what you Say”, and, ‘Never Be A Crook’. These simple admonitions are very hard for many people to follow. If one does chose to follow these precepts he or she may succeed. But the path to Success as an International Businessman is a Rocky Road at best. “Tenacity Triumphs” for those who endure the hardships.

Mass Media adulation of some Mutual Fund Operators, Internet Relationship Site Distributors, or even Motion Picture Producers may lead the uninformed to think these persons are ‘International Businessmen’; NOT A CHANCE. One of their many possible shortcomings is that they have merely collected ‘Other People’s Money’ (OPM) and are using it to do whatever. They are hardly of the level of former International Businessmen such as: George Franklin Getty (Getty Oil),   Aristotle Onassis (Olympic Maritime), and Soichiro Honda (Honda Automobiles), for example. Each of the aforementioned understood both the “Culture” and “Fundamentals” of International Business. Over time, the Gentlemen all enjoyed the “Status” of International Businessmen; they “Soared with the other few Eagles” from Continent to Continent. Each of the aforementioned Gentlemen, one can surmise, “Took their Lickings, and kept on Ticking”; such is International Business. 

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Chinese Corporation Buys World’s Largest Copper Mine In Peru

News Analysis: Averaging an estimated 90,000 Tons of Copper Concentrate a year, a mine located at south Peru’s Apurimac region, the Las Bambas Project, will help support China’s Cuprous (Cu) needs.

This $5.5 Billion Dollar Acquisition needs pertinent approvals by all relevant parties.

A ‘Cu’ Mine sale of this size will benefit the acquirer for many years. One might expect the value of this property to increase mightily in future years.

Reality.

Reference: http://news.xinhuanet.com/english/china/2014-04/14/c_133261332.htm

☆ Computers’ “Heartbleed Bug” Was Not To Be Government Corrected For ‘Bleeding Hearts’

News Analysis: Computers’ “Heartbleed Bug” Was Not To Be Government Corrected For ‘Bleeding Hearts’ by the U.S. National Security Agency’s (NSA) Personnel people say. Since the ‘NSA’ allegedly had been working on such a ‘Bug’ for its own purposes for several years, why would it not want to enjoy a ‘Free Lunch’ with an Existing Software Flaw it discovered?

As We have maintained for years, the ‘NSA’ has remarkably ‘Bright’ People working for it and, a Budget to Match! It is now pretty much Omnipotent and Omniscient, like it or not. While we decry Invasions of U.S. Citizens’ Right to Privacy as Guaranteed by the U.S. Constitution, we also understand both “Power” and “Justice”. The adage: “Justice Occurs When The Entity With The Power Says It Has; Nothing More” might seem a little harsh to the Naïve; to  experienced ‘Internationalists’, this Actuality is well understood. In this Instant Case, the ‘Power’ (NSA) determined ‘Justice’ was served with ‘Non-Disclosure’ of this “Heartbleed Bug”.

Perhaps, all of the ‘Silicon Valley’ Information Technology (IT) ‘Geniuses’ the Mass Media love to fawningly adulate, will realize the “Heartbleed Bug” should have been discovered YEARS AGO by THEY and/or their ‘IT’ Peers around the World; It Was Not. Could it be that rather than paying such generous Salaries and giving ‘Stock Options’ of substantial value to Managements in Software ‘IT’ Companies, more of the profits would be better utilized in seeking out “Heartbleed Bugs” and their Cohorts? Is not Silicon Valley the “Apotheosis of Information Technology In the Entire World”? Mass Media reports indicate it is; could they be mistaken?

“Bleeding Heart” Masters of the ‘IT’ Universe at Software Companies about the ‘NSA’s’ Lack of Disclosure of this ‘Bug’ is sort of like the “The Pot Calling The Kettle Black” many people think; Disingenuous at Best, Hypocritical at Worst.

Reality.

Reference: http://www.nytimes.com/2014/04/13/us/politics/obama-lets-nsa-exploit-some-internet-flaws-officials-say.html

☆ Israel: Countries Thinking For Themselves About Their Own Security Interests Is Good; “Lockstep Robotic Behavior” Desired By Nations Is Disingenuous

News Analysis: The Current On-Going Machinations (that commenced more than a year ago in lands adjacent to the Black Sea – by Foreigners) and is hoped by many Nations to deflate, apparently is becoming effete for the Perpetrators of the Cabal. As partial evidence of this conclusion, asking an Ally to join a “Political Bloc” will not work for Israel: Countries Thinking For Themselves About Their Own Security Interests Is Good; “Lockstep Robotic Behavior” Desired By Nations Is Disingenuous.

IF the Supposed Foreign Originator of the Plot of the European Coup d’ Etat had properly planned the Cabal. it would not now have to ask other countries to join it in condemning the resultant effects (that it DID NOT foresee, people think). In fact, even the Political Minions in the subject Country are now offering a rapprochement to the “Local Infidels”; some form of Regional Self-Governance perhaps?

As with Computer Programs: Garbage In-Garbage Out (GIGO) also applies to Coup d’ Etats planned by the Inexperienced Arrogant of other Nations. International Businessmen can easily ‘Connect the Dots’; they have seen this type of activity before.

Israel has taken the course of “What is Good for Israeli Security Interests is Good for Israel” (a Logical Argument) rather than having a “Puppet Master” pull a Country’s ‘strings’ as one Super-Power desires. Israel’s Security Interests, many people say, lie best in its ability to defend itself rather than beg for assistance from another Country. Since 1948, Israel has understood its unique situation in the Levant. It does not need to join a “Political Bloc” as to acquiesce to the desires of Foreign Leaders (for later Security Favors).

Reality.

 Reference: http://voiceofrussia.com/news/2014_04_13/Israel-rejects-Washingtons-pressure-over-Ukraine-3079/