Gold

In Large Infrastructure Projects, Amongst Nations, Some Outsiders Complain; We Ask: “Is The Glass Half Full Or Half Empty?”

We have found over the decades, a rather fascinating theme, issued out by the Puppet Masters’ Masters [PMMs]: Get ‘Germalists’ to decry the infrastructure projects of others as: too costly; too dangerous; too nefarious; too risky; even ‘too-too’. This, while the projects of PMMs are ‘fondled’ by the Press and presented to the public as: Beneficial; Citizens-worthy; Financially-sound; Growth-enhancing; Patriotic, and any of other self-fulfilling praise they can dream up.

In Colombo, Sri Lanka, China has provided funding for a massive port project that will advance the country into a ‘higher financial profile’. The country should grow logarithmically in terms of: corporate headquarters developments; engineering capabilities, financial services availability; commercial marine services, and the like; this, as the buildings are erected. “Cash Inflow” should become Sri Lanka’s reality with this project. It certainly has ‘location, location, location’ deemed essential by the aforementioned industries.

As we have written before, it is our collective opinions that rather than besmirching the ‘Lender-Borrower’ relationship, understand: “No One Coerced Anyone Into Engaging In The Project [No One]. In the instant case, China helped the Sri Lankans; we are unaware of any other of the billion/trillion dollar investment funds or other nations to do so. That China receives contempt from outsiders, for helping Sri Lanka, is pathetic.

As we look to the high North, far from Sri Lanka, in Siberia, investors are welcome to help provide capabilities and funds to develop infrastructure of this great expanse. We hope that a awareness of the potential profitability of such investments will allow businessmen to stay ‘Non-political”, and abandon the rhetoric of ‘also-rans’ who cannot efficiently run their own countries. At 8.0+% of Earth’s land area [13,100,000 square kilometers (5,100,000 square miles)] Siberia has much to offer. Beyond gargantuan forests are huge deposits of: coal, diamonds, gold, gypsum, lead, natural gas, nickel, molybdenum, oil, ‘rare earths’, silver, zinc, et al. Now, distances and terrain, need to be overcome; which they certainly can be dealt with. This ‘Horn of Plenty’ geography beckons those with a ‘Long View’ of business sustainability; not mere ‘Day-Traders’ as some are in London and New York City.

Siberia, with ‘100,000’ rivers, the largest being the Lena, Ob, and Yenisei, infrastructure, as bridges, will be essential. Airports construction, will also be essential, small or large. The famous “Trans-Siberian Railway”, we expect would have even greater expansion through the area in the future.

Our views are Large Projects require: Comprehension of the problem and a viable solution; Superb design; Quality materials for longevity; Efficient Production; Precise Accounting for cost controls; Maintenance Management; and Proper Funding [at a reasonable loan cost]. By dealing with a nation, such as China, in the aforementioned Sri Lanka project, we think each element of the above stated will be attained. China’s vast projects on its own ‘turf’ have been exemplary.

We think that Africa and South America are ALSO ideal for the “Glass being ‘half-full’; this, rather than Germalists’ writings about another country’s ‘Half-Empty’ [shenanigans] of ‘avarice’, ‘deceit’, ‘hegemonic’ intentions on those continents. As we often ask: “Who else is offering to loan billions of dollars to other Nations’ infrastructure projects? Let them stand up and be counted.”

Before giving kudos to besmirchers, ask: “Who are their PMMs.” One might be surprised at the ‘intercontinental’ answers.

Reality: “Older and Wiser” carries a lot of weight; except for the ‘Arrogant’ who ‘know better’.

Reference: https://www.bbc.com/news/world-asia-59993386

When: “What Is Yours, Is Ours” In Mining Occurs, Tribes Become Irate At The Interlopers From Other Continents

Our varied interests in Geology in general, and ‘Mining’ more specifically, over the decades, have allowed us to see the worst side of many Corporations [‘Earth Extraction Entities’ (EEE’s)]. All too often, they have sown the ‘Seeds of Discontent’ in the areas of land they mine or desire to mine. This has repeatedly been done around the world.

In Australia, we had previously written of the destruction of aboriginal artifacts through explosions in mining areas: approved in advance by elements of an Australian state government and EEE’s management. The damage done cannot be corrected. To the aborigines, what has gone, will only remain in their collective memories of their noble past.

In Africa, ‘Artisanal Miners’, who merely want to have a mere scintilla of a morsel of the diamonds, emeralds, gold, or silver they find with their hand and shovel diggings; in ocean shores, in riverbeds, or in jungles, to be sold to support their families. Large mining companies from continents afar, typically get law enforcement authorities to toss them off properties, using undo force. The management of many EEE’s do not care for the locals economic plight. They merely want the extracted mineralization at the lowest possible price [rather than ‘fair market value’]. Presently, more of the African governments are reviewing earlier mining agreements prior administrations contracted. They are finding rampant bribery to former government officials by mining companies. Furthermore, the monies attained were sent to bank accounts in Panama and elsewhere. This was the situation in Angola, for example. The citizens of the countries victimized were promised Gold, but given spoons plated with Chalcopyrite. The governments are demanding ‘Fair Market Value’ of the ores mined, not ‘Peanuts’ typically negotiated.

In northern India, artisanal riverbed rock miners have had a hard time to extract from various areas. They have decried the fact of being denied access to streams to engage in mining. Fortunately, it appears that Indian Prime Minister Narendra Damodardas Modi, has heard of their issues and is getting ‘officialdom’ in the territory to examine the facts involved. One would expect no less of this gentleman.

Papua New Guinea, has vast mineral reserves, of which Gold is a priority of EEE’s. A problem in the country, of which there are a number, is the damage done to the rivers and streams due to contamination to the watershed. In fact, this is a expansive issue with Gold mining everywhere on Earth. ‘Heap Leaching’ is employed with Potassium Cyanide or Sodium Cyanide being sprayed over the extracted ore to release the Gold from the rock. Percolation into the soil is possible where voids are present in the ‘material liners’ on which the ore is dumped. Where percolation occurs, contamination can become widespread in the immediate vicinity. Also, if a crack develops in piping taking the ‘Pregnant Liquor’ to the ‘Carbon Trees’ for convergence of Gold Particles with wire ‘wool’ contained therein, contamination of the soil underneath is probable; fauna and flora are thereby jeopardized. ‘PNG’ citizens demand accountability of the EEE’s.

In Bolivia, the indigenous groups’ lands, of which the EEE’s have been or want to mine, are upset as to the terms of contracts that have been signed. They demand dissolution of the agreements and want new, ‘balanced and fair’ terms entered into. Again, it will take Bolivian Leaders with the integrity of a Indian Prime Minister Modi, to review the complaints. They need to get their bureaucrats to renegotiate equitable terms for the citizens of Bolivia in general, and the affected tribes specifically; rapprochement should occur. Since the “Seeds of Discord’ have been sown long ago, we think the possibility of hostilities are too important to not act decisively. Physical belligerence may soon happen, with all participants losing, as a result. We anticipate the Bolivian government will understand the grievances of the tribes and deal fairly with them as well as with EEE’s, so all parties ‘win’.

It has been demonstrated, companies mining in Russia, have gone to great lengths so landowners, neighbors, as well as the environment where mining is presently occurring, are satisfied. The wise Russians learned for experiences of years ago, as to the benefits of responsible mining. In fact, EEE’s in other countries of the world, should look at Russia’s mining ‘Horn of Plenty’: Siberia [for mining extraction and processing investment opportunities]. The resource riches of Siberia, other world leaders can only dream about.

Long-term rewards in Mining, are available to only be attained by the Wise.

Reality: Mining is a industry where ‘Good Business Opportunities on Solid Ground Are Discovered, May Be Located On Quick Sand: A Mirage Is, As A Mirage Does’.

Reference: https://www-lostiempos-com.translate.goog/actualidad/economia/20211016/indigenas-del-norte-paz-anuncian-movilizaciones-exigir-reformas-ley?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=nui

“Trust, But Verify”(TBV) Applies to National, As Well As Private Business ‘Deals’. In Mining, Experienced ‘Professionals’ Can Find The “Realities” That Exist [Good Or Bad].

In the Kingdom of Lesotho in southern Africa, its fabulous diamond mines in the Maluti Mountains, have delivered some very large stones. In fact, at 10+ carats, in size, Lesotho is quite unique in producing larger numbers of diamonds. Today, the government in Maseru, has questions being asked as to the correctness of diamond appraisals by the mining interests operations in the Kingdom. The government realizes it needs a impartial independent appraiser to verify the quality and presumably the carat counts of diamonds mined. Since it behooves all concerned to “TBV” account data submitted to it by the mining companies; so to does it benefit the mine managements. A independent auditor will demonstrate to both the government as well as the population that proper funds are being received for minerals exported.

Another example of TBV is occurring in Peru as the government wants to make certain any mine expansions and production of Gold that is exported, is in full accord with the contracts signed years ago. The American principal mining company management apparently is helping facilitate the Peruvian government’s requests. Wisely so.

A somewhat unseemly situation in Tajikistan is unfolding as to a large gold mining operation there. In Dushanbe, there is concern that approximately 10.0+ billion dollars of gold have been acheived by a North American mining company, with Tajikistan only receiving 1.0+ billion dollars. Now, TBV is being demanded by the attentive President of the Country, Emomali Rahmon. Since Tajikistan has very large deposits of Gold, proper appraisal and auditing is essential for future mining activities. Fortunately, for Tajikistan, as a ‘business behavior contrary’, Chinese entry into other mining activities in the country should benefit it. China’s historical “Long View” of endeavors, diminishes the avarice shown by businessmen in other countries. Han Cultural logic: “The steady rain is better than one downpour”, is very true.

In Argentina, Lithium mining is in ‘full swing’. We hope the mining companies will continue to honor commitments to water preservation and recycling so indigenous peoples in the locales, and fauna, will not suffer. Buenos Aires has the TBV commitment we assume, to keep contractual terms in full force.

The State of Nevada, in America, has a very large Lithium deposit near the Oregon border. At present, the Canadian owned mining company is being evaluated by a U.S. Federal judge as to its assurances that its mining activities desired, will be in full compliance with all laws. This TBV activity benefits all parties, the general public, and the fauna residents in the immediate area.

Reality: As robots, properly programmed, do not err, humans do, (accidentally or ‘on-purpose’); vigilance is, as vigilance does.

Reference: https://lestimes.com/government-to-hire-an-independent-diamond-appraisal/

Turkey Uses Good Insight: Goes For Increasing Its ‘Golds’ Mining Recoveries

The recent addition to Turkey’s Gold reserves shows good promise for the country’s financial growth; this, through both bullion sales and a increase of Treasury reserves. Mineral rich Turkey, with an abundance of “Black Gold” in the Black Sea (in relatively shallow depths) gives it additional capability for economic success.

We, who have travelled the world, assessing ‘plays’ in minerals, as well as engaging in various manufacturing activities, have learned: A country’s natural assets are only of value, to its current citizens, if its leaders are wise enough to both understand what is ‘under their feet’, as well as make a valid effort to extract that wealth. There are many weak leaders of countries; this is NOT the case in Turkey. Its strong Leader, President Erdogan, might not be agreed with, as to all of his thoughts and actions, [as weaker leaders might resent him]; other Wise Leaders understand: He is worthy of respect.

In carefully watching, Turkey’s leadership, for a long while, we are of the opinion President Erdogan has performed very well. He overcame a Coup d’Etat [activated against him by a very powerful hegemonic Nation far away]. This subversion, [few Leaders ever experience] which may have debilitated a weaker man, made Mr. Erdogan more steadfast; this, to his credit, we think. First hand, we KNOW what it is like to be physically attacked by “miscreants”. You get ‘Steeled’ from the fires put to your feet, so to speak; this will show if you are of ‘Marshmallow or Metal’ composition.

Turkey can mine both ‘Golds’, as well as the other mineralizations in its country, as it increases its manufacturing capabilities and exports. Based on: Citizens’ Intellect, Location between Europe and Arab markets, Manufacturing capability, and Mineral wealth, Turkey can be a Economic Powerhouse.

We think, Turkey’s capable leadership should realize: ‘Others’ have been, are, and will be, contemptuous and envious of Turkish successes. We have, over the decades, seen similar situations where persons attempt to change Nations’ Leaders focuses away from economic growth. Instead, the ‘malcontents’ want these Leaders to: Duel Windmills, turning in the breezes [they keep creating]. Distractions are good play for the mediocre; the ‘Astute’ understand the gamesmanship.

Mr. Erdogan’s strong Leadership can overcome future challenges by hegemonic interests elsewhere, if the focus is on economic growth through Manufacturing and Mining. Increases in exports will assure prosperity. Avoiding annoyances such as military feints and other ruses by others, will keep the focus on the ‘big picture’: National Economic Growth For Citizens Prosperity.

Reality: A Strong Nation’s Leader knows his country’s natural resources are his Shield, His Intellect and Tenacity are his knife and his sword.

Reference: https://www.hurriyetdailynews.com/gold-discovery-in-bilecik-to-create-800-new-jobs-162154

A Rational Leader Remains So, Even After Leaving Office

It is refreshing to continue to listen to a Leader such as Papua New Guinea’s former Prime Minister Sir Julius Chan. Sir Julius, has been looking for methodologies that will improve his country’s present financial condition; this, which was brought on by the infamous Corona Virus [CV-19].

The former Prime Minister continues, we think, to properly assess a marketable commodity produced in his country: Gold [Au]. As other mineralizations plunge in value in the world market, we, as International Businessmen, are of the opinion Au will rise; this, in continual opposition to many other commodities mined.

As the adage goes: “There is no replacement for Experience.” Sir Julius exhibits continued profound Wisdom, in a world of which we continually see, of inept, ill-reasoned ‘business’ decisions by various countries’ ‘leaders’; they are not “Leaders”, as was (and is) Sir Julius.

CV-19 Decisions: Many of these “marginal-merit ‘miasms'” of ‘leaders’, are ruining their countries’ economies; these, worse than most natural disasters or probable warfare would. We see recoveries, for many countries, not in a time-frame of months, but years.

Reality: As fine wine improves its quality with age, so does consistently: a few remarkable men and women, who we deem as “Leaders”.

Reference: https://mine.onepng.com/2020/09/sir-julius-suggest-png-govt-should-sell.html

Investments in 2014: All That Glittered Was Not Gold [But Brown And Black]

News Analysis: Coffee was the Investment Return Leader for the year, thanks to changing weather conditions and increased customer demand for the brew. If one looks carefully, he or she will see that as to Investments in 2014: All that glittered was not gold [but brown and black].

It is interesting to note that most commodities nose-dived in the on-going World-Wide Economic Slump, as did many financial instruments of many types.

Low interest rates allowed many corporations to borrow funds for repurchase of their stocks; thus boosting their prices. Since there is really little, in terms of economic prosperity, of demand for manufacturer’s goods, one can see an artificial economic bubble growing in size and based on mere holograms [for current Stock Markets]. Stock Markets love ‘Freiers’.

In 2015, as we have stated previously, Commercial Aircraft Manufacturers will have had their “Golden Fleece” taken from them i.e., the high prices of Aviation Fuel. Along with this, the Sukhoi Superjet 100 Aircraft, with Italy’s Alenia Aermacchi,  [which is currently Aviation Agencies’ Certified and flying] will cut into “Single Aisle” Jet Sales of the two Major Airframes. At approximately 35-40 percent of cost to Airlines, why pay more?

 Along with this, the Chinese Single Aisle, C919, was just Chinese Aviation Agency Certified, and will cut into the grossly profitable sales manufactured by the other Major Airframes.

Downstream, the Chinese/Russian Joint COMAC 929, 290 Passenger Jet, and COMAC 939, 390 Passengers Jet are being developed. The availability of funding for these projects by Chinese and Russian interests does NOT bode well for the existing two Major Airframes. Both, will “Pooh-Pooh” any suggestion of their losing market share [and huge profits]; they will probably seek government [surreptitious] interventions  to reduce the threats. Since America’s greatest monetary export manufacturer will be affected, International Businessmen can sit back and watch the machinations occur as Washington Politicians get desperate.

The long term outlook for both Major Airframes is one of high profit unsustainablility. The estimated $20,000,000.00 the aforementioned Airframe allegedly receives in Local, State, and Federal Grants PER AIRCRAFT, will help attenuate the pain perhaps.

Long term, a strong “Short Position” is warranted by International Businessmen and may be considered.

In 2015. we suggest focusing on Food for Seven Billion+ World Inhabitants; EVERYONE MUST EAT.

Conjoined with this idea, is that Climate Change should be carefully evaluated for geographic realities in regards to droughts,  rainfalls, severe weather, etc. thus affecting global food production.

There are other key areas in which to focus one’s evaluations and monies on for 2015 and beyond. To those who consult with us, we will be more than happy to share our analyses. To those who have obviously listened to their Financial Bankers, Brokers, and Gurus, we can only say: The Losing Investments outnumbered the Winners by a substantial margin. These ‘Masters of the Universe’ fates for 2014, in following the herd, have already been sealed, unfortunately for them.

Reality. 

Reference: http://rt.com/business/219187-coffee-price-oil-gold/

100 Year Old Gold And Silver Price Fixing Methodology Is Being Reviewed

News Analysis: Since there is a Lack of Transparency in the setting of Prices for Gold and Silver various countries demand a review of this ‘Ancient Methodology’. As the London Inter-Bank Official Rate (LIBOR) was subjected to collusion by Banks, others want to be sure this has not happened (and is not happening now nor will not happen) with this Metals Fix. 

The twice a day ‘Fix’ for Gold at 10:30 and 15:00 and 12:00 for Silver is set by 5 Banks Communicating with each other: Bank of Nova Scotia, Barclays Plc, Deutsche Bank AG, HSBC Holdings Plc, and Societe General SA.

These large Banks, which have been involved in the Daily Prices Settings, surely understand that their Reputations must not be tarnished by improprieties in their Gold/Silver Activities, many people say. As such, to date, they have NOT been accused of any irregularities. However, such a “Primitive” and Non-Transparent Methodology give some cautious observers concern about the future.

“Where Much Money May Be Made, Mighty Miscreants Mingle” some say.

Reality.

Reference: http://rt.com/business/london-gold-fixing-reform-016/

★ Peru To Spend $8.1 Billion On Energy This Year

News Analysis: Peru, is a nation of 30+ Million people living in an area of 1.28+ Million Km2 (494,000+ Mi2). It  will be spending $8.1 Billion Dollars for Energy to help Manufacturing, Mining, Mineral Processing, Petrochemical Industries as well as its General Development. As it stretches from the Pacific Ocean to the Amazon Basin edge, Energy is very important for the country’s growth.

Its wise Government Officials, lead by President Ollanta Humala Tasso, understand that  Investments in Energy today bring continuous growth tomorrow in this Nation of Abundant Resources.

Peru is noted for its wide variety of Metals such as: Copper, Gold, Lead, Iron Ore, Molybdenum, Silver, Tin, and Zinc. Its other non-Agricultural/non-Fabricated Exports  are Natural Gas and Crude Petroleum. Fabricated Exports are:Alloys, Chemicals, Fabricated Metal Products, 

Machinery and Textiles. Fish, Fruits and Vegetables are also its Exports.

Exports for Peru totaled $47+ Billion Dollars in 2012. It had a 5% Industrial Growth Rate and a Gross Domestic Product of $370+ Billion Dollars in 2014 (Est.). Peru, which has 39th Largest Economy in the World is also rated as “Upper Middle Income” by the World Bank. It has one of the fastest growing economies in the World.

Any Investor who is looking for a place to “Park Capital” may want to consider Peru.  Its Trading Partners are: Canada, Chile, China, Germany, Japan, South Korea, Spain, and the United States; it Exports to the “Big Boys”. One will find Peruvians to be both Industrious and Intelligent in Business Relationships. They make good Business Associates.

As Prosperous and Active as Peru is, many people wonder why the Mass Media largely ignore it in the ‘Financial News’; We Do Not.

Reality.

Reference: http://laht.com/article.asp?ArticleId=1445899&CategoryId=10718

☆ Gold And Silver Lose Their Glitter

News Analysis: Investment Funds have lost Billions of Dollars by investing in Gold (Au) And Silver (Ag) using Incorrect Assumptions. One ‘Famous New York Trader’ bought heavily into Metal Certificates with Investors Money. He thought Inflation would immediately ‘rear its head’ and he would prevail with his wise purchases. Unfortunately, Central Banks of various Countries lowering their interest rates were not heavily considered possible by this Gentleman. To his dismay, inflation has been minimal world-wide from such Banks’ activities. The Au/Ag investments he and other “Financial Wizards” made, at present, are huge losses since high inflation did not appear.

A Major Flaw that the “Financial Masters of the Universe” (FMOTU) have is their inabilities to both See and Evaluate Potentialities correctly; then Invest accordingly. Beyond what their Business Administration or Economics Professors taught them, there is MUCH MORE to Wise Investing that should be considered. For Example: What are the Domestic Political Objectives of the Governments regarding their States of the Economy? What Geo-Political Situations between Nations  are being Covertly or Overtly being pursued? What “Hidden Agendas” are influencing a Country’s Leaders? What influence is Climate Change having on Commodities, if any? The list is endless. The aforementioned may be beyond the reasoned thinking of the ‘FMOTU’. Are they to admit to Prospective Investors their Economic Myopia? Probably not, since many have Hyper-Egos combined with Minimal Integrity.

Much as: ‘A “Ph.D.” Knows More And More About Less And Less’ so too go the ‘FMOTU’.

Conversely,  the study of  “More and More” about “More and More” requires a Mentality of Adaptation to the entire Field of Learning. In such study, people realize that with the widest variety of subjects, Everything Interconnects Somewhere. Difficult as it may be to learn about a myriad of subjects, it is both Possible and REQUIRED.

Let the Egotists make their Unwisely-Timed Economic Ventures. Sagacious Investors think broadly, humbly, and without “Blinders” on.

Reality.

Reference: http://www.business-standard.com/article/international/gold-steady-set-for-biggest-annual-loss-in-3-decades-113122600083_1.html

☆ Mozambique Minerals May Make Investors More Money

News Analysis: Mozambique, sitting in the Southeast Corner of Africa, has Abundant Mineral Resources such as: Aluminum (Bauxite); Coal; Gemstones (Aquamarine, Morganite, and Tourmaline); Gold; Iron Ore; Niobium; Tantalite; and, Titanite. Smart Investors are beginning to discover the Methodology of entering this Market and Profiting. Find out what should be done to earn Substantial Wealth in Mozambique.

Reference: http://www.namibian.com.na/indexx.php?id=7404&page_type=story_detail

The Government of Mozambique, in Maputo,  wants to have its citizens benefit from the country’s Great Mineral Wealth; as they should. But rather than Nationalize all mining Businesses as some other countries have done, it is  Wiser.  It understands that Investors need to make a profit in conjunction with the level of risk they will be undertaking. The Inflow of Capital is essential for the country’s growth.

The old adage: “Money is Worth only 40%”, as applied in the Motion Picture Industry, largely applies to entering a country to extract its Natural Resources. Smart businessmen will know that Infrastructure Development benefits the population while it can benefit the business at hand. They have an understanding that the Health of their workers must be good; they provide Medical Personnel to handle this issue. Wise businessmen KNOW that ‘Good Interpersonal Relations With The Community Means Long Term Growth And Profitability” for businesses.

In having Harmonious Relations with all, Strikes will not occur, Productivity will be high, the Labor Pool will be great and,  the Project will bring Wealth to Investors.

All Humans have an “Unwritten Sign” ‘hanging from a chain around their necks’.  It says: “Make Me Feel Important”. Those who implement this ‘Fact’ in dealing with All Others are called: “Winners”.

Reality.