Asia Ceramics Share Discussion Threads

[hazl] 05/12/2023 14:29

(Kitco News) - With just about a week to go until Argentina's newly elected libertarian Javier Milei gets officially sworn in, he is sticking to his campaign promise to shut down the country's central bank. Could this kick off a new trend where countries experiencing high inflation start to question the merits of a central bank and act accordingly? Cory Klippsten, CEO of Swan Bitcoin, weighs in.

Argentina is undergoing its fifth hyperinflation since 1975, with inflation currently running at 143% annually.

After getting elected on November 19 with over 56% of the vote, Milei confirmed his plan to shut down Argentina's Central Bank, stating that this goal is "non-negotiable." This came after reports that he wouldn’t follow through on that campaign promise following the exit of several key advisors from his transition team who objected to the policy.

Milei campaigned on three major election promises – closing Argentina's central bank, replacing the nation's currency with the U.S. dollar, and slashing spending and taxes. To top things off, he is also decidedly pro-Bitcoin.

During his campaign, Milei referred to central banks as a scam and described Bitcoin as a natural reaction to that scam.

"We have to understand that the central bank is a scam," Milei said in an interview with local media. "It is a mechanism by which politicians cheat the good people with the inflation tax. What Bitcoin represents is the return of money to its original creator - the private sector. Money is a private invention. Bitcoin is a natural reaction to central bank scamming and making money private again."

In an interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Klippsten pointed out that Argentina's election could shift global attitudes regarding central banks and Bitcoin.

[hazl] 01/12/2023 11:44

The risk for gold right now is that the U.S. economy continues to "chug along" at its current pace, which would force the Federal Reserve to maintain rates at a restrictive level, but Merk said that even a hawkish pause will not shift the narrative that the next move, whenever it comes, will be a rate cut.

[hazl] 28/11/2023 16:32

Panther Australia will now progress to updating the Coglia Mineral Resource estimate and then initiate a Scoping Study to provide an economic valuation of the project.

Panther Metals Plc hold 23.54% of the outstanding shares in Panther Metals Ltd.

Announcement highlights are set out below with further details, illustrative figures and maps available to view in the ASX Announcement via the Panther Australia website:

[hazl] 25/11/2023 19:49

The analyst consensus target price for shares in Seeing Machines is 13.72p. That is 145.05% above the last closing price of 5.60p.

Analysts covering Seeing Machines currently have a consensus Earnings Per Share (EPS) forecast of -$0.14 for the next financial year.

[hazl] 25/11/2023 14:08

Our collective efforts have done it! The New Zealand government has said NO to the WHO amendments before 1 December 2023.

[hazl] 24/11/2023 09:16

'The Term Sheet has been approved by
the Ecuadorian Government and provides for the production of copper, gold, and silver from the contract area for a period of 33
years, which may be renewed.'

[hazl] 24/11/2023 07:01

PERMITTING
Exploitation Agreement
On July 19, 2023, the Company completed contractual negotiations with the Government of Ecuador and agreed upon a term
sheet (“Term Sheet”) in preparation for the execution of the Exploitation Agreement for the Cascabel Project. The Exploitation
Agreement, coupled with existing legislations and regulations, establishes the legal and financial terms and conditions (including
taxes, royalties, and advance royalties) required for the Cascabel Project’s development. The Term Sheet has been approved by
the Ecuadorian Government and provides for the production of copper, gold, and silver from the contract area for a period of 33
years, which may be renewed. The Company has applied to change the Cascabel Project’s official status from exploration phase to
exploitation phase (“Phase Change Application”). The Company has up to six months after the approval of the Phase Change
Applications to execute the Exploitation Agreement. Once executed, the Exploitation Agreement is required to be registered with
the Mines Registry. The Exploitation Agreement will govern the legal, economic, technical, social and environmental commitments
by the Company and the Government of Ecuador

[hazl] 23/11/2023 18:26

The structural bull market in commodities is just beginning...
Blog 08.09.2023

Last week a new research report by analyst James Hodgins of U.S. asset manager Stifel was released: "THE STRUCTURAL BULL MARKET IN COMMODITIES IS JUST BEGINNING." In our opinion, this is one of the best commodity research reports of 2023. And therefore: mandatory reading for every serious investor. You can read the key points below:
Go to item

[hazl] 21/11/2023 18:59

Genomics Key Partners (please click each tab to read more):
APIS Assays Technology Ltd
EMQN CIC
Genedrive
Chromition

[hazl] 21/11/2023 18:58

Laura Rooney, Director of Strategy at Health Innovation Manchester, said: “The health innovation accelerator programme will develop a step-change in the development and deployment of novel diagnostics in GM, targeted towards the needs of local people. It will add value to academic research and sector strengths and leverage existing data assets to transform patient care, unlock new market opportunities for businesses, and strengthen GM’s position as a world-leading centre for health innovation.”

[hazl] 20/11/2023 16:37

Argentina .
Now I have more time.
You tend to produce a one window in time approach , you did before with Ukraine when the history and build up is terribly important.
Those people have really suffered over in Argentina.....BEFIRE any right wing element.

Al Jazeera
'Many experts credit Mileii's sudden popularity to the dire straits of Argentina's economy.The country faces a long economic crisis
and inflation has topped 140%, driving down the value' of the peso.

Young Argentinians are naturally disenfranchised and see him as a rebel and fighting the system rightly or wrongly.

Puppet Governments come to mind.
Confessions of an economic hitman come to mind.

Pen.Why is it you don't mention what lead to this?


'High-ranking members of Argentina’s main political parties have recently faced corruption charges. Last year, for instance, outgoing Vice President Cristina Fernandez was sentenced to six years in jail for fraud.'


The following book written by John Perkins Spitting introduced me to.
It.... whilst not proven resonates with what we seeing happening, to me anyway.
In my opinion the resulting scenario has been brought about by the actions leading up to this.


'Perkins vividly portrays that European and American governments provide unfair economic policies towards less developed countries and weak companies. Perkins writes that all countries in the world—those in support of or opposed to globalization—support the concept of economic growth and development. Growth means the opportunity for wealth creation and income generation at the expense of taxpayers’ and states’ budgets. Support for economic globalization is based on the realization that it enables nations, governments, societies, enterprises, and individuals to create more wealth and generate more income through more efficient modes of production, consumption, and exchange.

Thus, the duty and responsibility of an economic consultant like Perkins are to pursued government and companies to take enormous loans they will never pay off. Economic consultants like Perkins persuade governments that increases in wealth and income give rise to higher standards of living and improved quality of life. Without a growing productive sector of the economy, it is not possible to sustain higher levels of wealth creation or income generation. This is in spite of its actual and potential benefits to both rich and developing countries. This opposition, if left unchecked, threatens to push the world back to the dark days of protectionism and closed societies reminiscent of the Cold War.'