Kenj2
10 Oct 2015
Re: Middle East tensions.. "We can only hope a peacemaker emerges, and the milloins of migrants can return to there homelands..."Hi Weblogic,I do not believe that it is possible to negotiate with the likes of ISIL, ISIS, IS, or whatever they choose to call themselves next. They are fundamentalist zealots that believe that all disbelievers (kuffar) should be exterminated for the glory of Allah.Fanatics like this will never sit around the negotiating table. The deal in rape, barbarity and slaughter, they understand nothing else, and believe that they are doing God's work. The terror that they have caused has resulted in millions of people fleeing for their lives. Even the rebuilt Iraqi army laid down their weapons and fled, rather than fight them.The Saudi's and other rich and well armed Arab states have done little or nothing to stop this, fearing for their own safety and well being if seen to be opposing the wishes of Allah. The US and UK do not have bodies on the ground to fight this terror, and the war will not be won alone by air attacks and targeted drone strikes.If we had not all but destroyed the Iraqi army, then IS would not have taken large areas of Iraq and continued on into Syria. Our policy of attacking President Assad and arming the Syrian rebels who oppose him, benefits IS directly, as Assad now has to fight on two fronts. The Russians may well be trying out their new toys in Syria, but if they and Assad can wipe this plague from face of the earth, then I for one fully support them.
weblogic
09 Oct 2015
Re: Middle East tensions.. Hi Kenj.....The Middle East is a very complex place, with a very long history... as you clearly know..The key question is... can a peaceful settle ment be found that would allow the many groups to live in peace and enjoy a reasonable life....?I guess its things like Oil that have caused some problems...There must be some way to bring the various tribal groups together, to share the resources, and manage the lands in peace.Some kind of grand Middle East Council, to run the whole region; decide laws, and ensure fair elections, etc... would be a start..If they used just 10% of the Oil money to build homes, hospitals, schools... and good transport and water supplies. It would be transformational to the lives of millions.It sounds so simple, but the war lords and extremists have self interest agendas.That unfortunately includes Mr Putin, who sees the Syrian situation as his last hope of Middle East influence, and strategic bases...I think Obama is only too aware of how things are in that region, and is treading very carefully.From another perspective, they could surely find ways of harnessing the suns power in the desert areas, to create large solar panel fields, generate vast amounts of power, which might remove the need for so much Oil extraction... but I`m sure that is over simplistic..We can only hope a peacemaker emerges, and the milloins of migrants can return to there homelands...
Kenj2
09 Oct 2015
Re: Middle East tensions.. I think that the Russians are doing the West a great big favour.They are bombing Muslim rebels that are intent on deposing President Assad, and thus destabilizing yet another Arab country.You would think that the UK and US governments had learned the lessons of their previous attempts at regime change.Iraq - Sadam Hussein kicked out, the local police and military disbanded, now opposing Muslim groups battle for control and religious intolerance reigns.Libya - Our military interference which resulted in President Gaddafi being overthrown and killed could hardly be described as a success either.Syria - The UK and US supplying arms and training to Syrian rebels have weakened Assad and left him fighting on two fronts, the rebels to the West and IS in the North.Dictators and tyrants like Hussein, Gaddafi and Assad may not be to the West's liking, but the alternative is instability, chaos and the rise of ISIS, with more and more refugees fleeing to Europe. Why is the West always fighting Arab battles, while the Saudi's keep well out of it ,while bankrolling whichever side benefits them?
weblogic
08 Oct 2015
Middle East tensions.. The Russians seem to be flexing there military muscles in the Middle East just now..trying out there latest toys, and using the region as a shooting range..Its almost like watching one of those famous James Bond movies...When will 007 come to the rescue....Lets hope there`s no shoot out... and a diplomatic peace reached.Meanwhile POG seems to be chugging along, hopefully taking benefits from current market conditions...and paying down that debt pile...An update on production and sales might not go amiss....The sooner it drops below the 500m mark, the better there chances of clearing things...Meanwhile, the range of global issues will continue to keep markets on there toes for some time to come.... .
shugg1e
15 Sep 2015
someones loading up Must know something im getting back in.
armature
25 Aug 2015
PMs rigging [link]
shugg1e
19 Aug 2015
Re: feeling optimistic I am now after reading this [link]
Hake the Firehorse
19 Aug 2015
feeling optimistic Gold seems to have bounced from its lows. China is devaluing its currency along with most countries continuing to print money and rack up huge public debts. Perhaps the world is realising that real gold may have some actual value.Keep paying down the debt at a good rate and we'll be due a re rating very soon. Pog may well yet have its day yet.
sootmeistre
17 Aug 2015
John Kerry & the Dollar? Wed Aug 12, 2015 ''Dollar could suffer if U.S. walks away from Iran deal: John Kerry''''If the United States walks away from the nuclear deal with Iran and demands that its allies comply with U.S. sanctions, a loss of confidence in U.S. leadership could threaten the dollar's position as the world's reserve currency, the top U.S. diplomat said on Tuesday...''To say this seems to me to be a little bit irresponsible.. to say the least!''..... New York-based Boris Schlossberg, managing director of FX Strategy, BK Asset Management, challenged Kerry's reasoning. He said the dollar’s status could be compromised only if the United States was unable to compete economically on a global scale. '' As the USA, ''recorded a trade deficit of 43840 USD Million in June of 2015 '' and ''has been running consistent trade deficits since 1976'' it would seem that '' the United States was unable to compete economically on a global scale.'' is indeed the case!''....Economists and financial analysts have often conjectured that a competing currency like the euro or the Chinese yuan will eventually dethrone the dollar as global trade and financial patterns shift. But the U.S. currency’s position has been largely immune - mostly for lack of any good alternative.'' Err GOLD!!![link]
forwardloop
15 Aug 2015
SP Angel [link]
weblogic
05 Aug 2015
Re: further info Looks like the market are guessing at US rate rise held back til next Jan.....which would be quite helpful in many camps.. I certainly think if the Greek debacle continues at current levels, with Banks creaking etc...that looks a fair bet...If you`ve got that magic crystal ball...Meanwhile, if Mr Hambros can continue to make steady progress over the next couple of years, chipping away at debts, who knows, he might well have the last laugh....Day traders will play the bumps, of which I`m sure there will be a fair few...others might get paybacks with a more patient approach....and keeping tabs on the news/developments.
weblogic
04 Aug 2015
Re: further info Lots of talk doing the rounds about Greece, China, Bonds, Gold, Markets, etc... Obama doing trips to fix global deals of late... and can he fix a deal with China over global warming..... now that really could be a master stroke.. Global pollution also poses serious threats....as the mountains of rubbish grows...seas poisoned, fish stocks falling... etc Unless some solid progress is made then China must be kept out of the `club`........ .Gold...some days the funds dump, others they come back.. with some mystery about who is doing it, and why..? Big dumping by some Far East funds recently.. was there not. As to Greece...will a deal be finalised that will keep all parties on board...plenty to negotiate. Unless big restructures are made, the EU remains iffy, but the leaders seem to keep applying the sticking plaster.. Meanwhile markets threat about rate rises.... I guess the US will move with fair caution..it will certainly be watched closely for any tricky numbers..A host of factors are at play which could effect market direction in the coming months...so movements will happen in both directions depending on news flow..
shugg1e
04 Aug 2015
Re: info Yeah that's why a bought
forwardloop
04 Aug 2015
info Interesting[link] the effect of what Peter Hambro terms these “efficiencies” means that total cash costs for the year are likely to come in at around US$600, a chunky 30% drop on the already improved figure delivered last year, and likely to provide investors with considerable comfort in a market where gold has now pushed down through the US$1,100 mark.
weblogic
02 Aug 2015
Re: Any ideas? I see the DT press again mentioned the strengthening dollar and rate rises this w/e...I guess that the outlook is going to remain unclear over coming months, as markets watch various developments..The US are keen to boost trade, but a strong dollar cant help that causeVarious other issues, not least Jobs and trade numbers, will be watched closely..
