Aug. 26 (Bloomberg) -- Sean Callow, a Sydney-based senior currency strategist at Westpac Banking Corp., talks about the region's currencies and his investment strategy. Callow speaks with Zeb Eckert on Bloomberg Television's "First Up."
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From businessweek.com Article link Two of four South African unions representing labor at wage talks with gold producers are holding out for a revised offer by the companies before deciding on whether to declare a strike. The NUM has asked for a 60 percent increase in wages for entry-level jobs. South Africa’s annual inflation rate was 6.3 percent in July. Strikes could cost the gold industry 349 million rand ($34 million) a day in revenue, according to the chamber. Read in full Eric Sprott discusses the recent move in the metal and mining shares prices as well as the decaying US economy. Listen the KWN interview here Robert is at it again, making Platinum investors smile, whilst destroying the last vestiges of his country's economy. From theguardian.com Article link Zimbabwe's long-serving president Robert Mugabe has threatened to expel foreign-owned companies over what he said was the west's interference in the politics of the country he has led since 1980. Mugabe said on Sunday he wanted no "ideas from London or Washington", speaking before supporters at the funeral of a military chief in Harare. He warned the west that although his government had not "done anything to your companies, time will come when we will say tit for tat". He said: "You hit me, I hit you. We have a country to run and we must be left free to run it." Britain, the former colonial power, the European Union and the US have refused to endorse Mugabe's landslide victory in the 31 July elections, citing evidence of vote-rigging. The west maintain economic restrictions on Mugabe and leaders of his ruling party. Mugabe insists his party won "a resounding mandate" in the last election and denies allegations of voting fraud. Zimbabwe's state election panel said Mugabe won the elections with 61% of the presidential vote. Mugabe, who was sworn in on Thursday for another five-year term at the age of 89, said "there will come a time when we lose our patience" with the west's pressure for democratic reforms. "I want to assure you our attitude will not continue to be passive," Mugabe said Sunday. "We have had enough and enough is enough." Since winning another term, Mugabe has vowed to push ahead with a black empowerment programme to force foreign and white-owned businesses to cede 51% ownership to black Zimbabweans. Some economists warn that the programme will trigger another economic downturn similar to that Zimbabwe suffered after Mugabe's government seized white-owned farms in 2000. Read more From GoldSeek.com Radio From RussiaToday Published on Aug 24, 2013 Max Keiser and Stacy Herbert discuss the Dutch blues and the pay per gaze advertising coming to a pair of glasses near you. Max proposes a scheme of mortgages collateralized by food stamps. In the second half, Max talks to Ann Pettifor of PrimeEconomics.org about the Alice in Wongaland economy in the United Kingdom where people borrow from payday lenders in order to live and, instead of lending to the economy, the economy is lending to banks. They also discuss interest rate apartheid, carry trades and public unrest. For those who will be in Sydney on 12 September 2013 we recommend attending the following seminar to get unique a Austrian economics and gold prospective from Ronald Stoeferle and an update on the Australian market from Jordan Eliseo. Bookings can be made here The 2013 ABC Bullion Investor Education Seminar: Empowering investors in historic and uncertain times: "Bubble or Bargain? Understanding the Correction in Precious Metals" Featuring Keynote Speaker and Precious Metals Expert: Ronald Stoeferle of Incrementum AG, Liechtenstein Thursday 12th September, 6.30pm. The Wesley Auditorium, 220 Pitt St, Sydney, Australia Faced with uncertain times, this is a key moment in history. Will you seize the opportunity? - Are you worried about the recent fall in the gold price? - Do you really believe that the economy is recovering? - Are you worried about record debts, or central banks printing money? In uncertain times like today, what most of us are seeking is comfort that our investments are safe, confidence from understanding what’s really driving the economy, and most importantly where we are headed. This event will give you the answers you’re looking for! Every single day the media runs news stories reporting a supposed global economic recovery, making claims that the bull market in precious metals is over. Yet despite this ‘good news’, when we look at the real economy we see that:
As Australia’s leading precious metal’s educator, ABC Bullion is hosting a seminar to reveal what’s really going on in the global economy, as well as sharing the fundamentals underpinning the precious metals market. This is your exclusive opportunity to hear from one of the worlds leading precious metals experts, Ronald Stoeferle, joining us all the way from Europe for this one off event! Stoeferle, who has gained international acclaim over the past several years through the release of his annual 'In GOLD we TRUST' reports, will share his insights into the current correction, as well as the likely future trajectory of precious metal prices. He will also be bringing us 'on the ground' knowledge of what is really going on in the worlds largest economic region. Stoeferle, now an investment manager and managing partner of Incrementum AG, an independent asset & wealth management company based in Liechtenstein, appears regularly on CNBC, Bloomberg, the Wall Street Journal and the Financial times. Also speaking on the night will be ABC Bullion’s Chief Economist Jordan Eliseo, who will be analyzing the outlook for the Australian economy as we face the unwind of the mining boom, with a particular look at our housing market. Eliseo is a respected financial commentator and economic analyst with over 13 years' experience in the financial sector. After working for some of the biggest names in the global financial marketplace including Deutsche Bank, JP Morgan and AMP Capital, Eliseo has amassed a wealth of experience analysing investment markets. With a background in funds management and investment analysis, including coverage of some of Australia’s largest superannuation funds, Eliseo can consult with, as well as challenge the ‘finance professionals’ who continue to ignore precious metals as an investment class. The seminar will end with an interactive question and answer session, giving attendees the opportunity to personally put forward their questions to either of our speakers. Bookings can be made here From RussiaToday Published on Aug 22, 2013 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that banks are lobbying to force credit unions to become banks in order to destroy the Move Your Money competitive threat. They also discuss frontrunning the NSA and the digital AIDS they've spread. In the second half, Max talks to former government official, Catherine Austin Fitts of Solari.com about extricating yourself from the tapeworm economy. |
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