Trading Bougainville Copper (ADRs) 867948
Seite 718 von 983 Neuester Beitrag: 07.02.25 13:03 | ||||
Eröffnet am: | 29.09.07 14:50 | von: nekro | Anzahl Beiträge: | 25.565 |
Neuester Beitrag: | 07.02.25 13:03 | von: Fuchsbau24 | Leser gesamt: | 6.224.249 |
Forum: | Hot-Stocks | Leser heute: | 2.594 | |
Bewertet mit: | ||||
Seite: < 1 | ... | 716 | 717 | | 719 | 720 | ... 983 > |
§
Momis too focused on serving Rio Tinto rather than getting DPI working
by ramunickel
DPI NEEDS QUALIFIED FIELD OFFICERS
Alex Munme | New Dawn
DUE to lack of qualified field extension officers the Division of Primary Industry is not promoting agricultural production in the rural villages.
This was the sentiment shared by a former Division of Primary Industry Officer, Francis Loio in Buka today.
Mr. Loio said the Division of Primary Industry has failed to carry out its responsibility to go out and educate and help farmers to produce cash crop, life stock and marine products to boost Bougainville economy because it does not have the qualified officers.
He is appealing to the divisional head to start doing promotions at high schools for students to attend Agricultural Colleges to get the necessary qualifications to get back and assist the rural farmers.
Mr. Loio is also appealing to the President and the ABG to allocate enough funds to promote and improve agricultural products such as cocoa, copra, fish, poultry, piggery and others.
He said the region also needs factories to use raw materials and produce goods like chocolate and now copra into oil which he is very pleased with.
The former Officer said Agriculture is the backbone of the region and our economy depends on it adding that without economy Bougainville will not achieve referendum and Independence
ramunickel | January 10, 2014 at 5:29 pm | Tags: agriculture, Bougainville, John Momis, Panguna, Papua New Guinea, Rio Tinto | Categories: Papua New Guinea | URL: http://wp.me/pMvf7-2Y0
President of Bougainville, Dr John Momis, has praised several new pieces of legislation that will drive the region towards greater autonomy.
The new laws look to continue the transference of powers from the national government to the Autonomous Bougainville Government (ABG) and cover a broad scope, including foreign investment, education and the public service.
“In terms of implementing autonomy,” Dr Momis said, “this government has passed a number of important legislations both in response to concerns by our people as well as in response to the changing context of our autonomous arrangement.”
The new inward investment laws look to promote responsible investment on Bougainville congruent with the culture desires of its citizens.
“In order to protect our people from domination by unscrupulous foreign businesses, we recently passed the inward investment law,” Dr Momis continued.
“Another important piece of legislation that was recently passed by the government is the Bougainville education law; this will enable the abg to manage its own education system, quite separate from Papua New Guinea.”
The ABG is set to reform the public service in order to create more efficiency and accountability in government.
“The Bougainville Public Service Management Act and the Bougainville Public Finance Management act are two very important pieces of legislation that are expected to come into force,” Dr Momis said.
“Such legislations are part of the process of implementing autonomy through the enactment of Bougainville laws to government functions previously conducted under national government laws.”
“These two legislations are also part of the public sector reforms being undertaken in the administration to make the new Bougainville public service more effective, as well as to strengthen good governance.
“Throughout our political history, Bougainvilleans have always wanted to manage their own affairs.
“We have a golden opportunity to create something completely new and better for our people – a harmonious, peaceful and prosperous society for our people; something that can be the envy of our friends and others because many people believe that we can do it.”
§
Do the people of Bougainville want to be re-colonised by Australia and the US?
by ramunickel
Getting Into Resource Rich Bougainville
Islands Business
‘Amazingly, no one cares about asking the people of Bougainville about their perception if they need foreign intervention from the likes of Australia and the United States. Quite clearly, Australian fear mongering and painting a picture of a security threat on its doorstep is intended to give it a reason to get into the resource-rich island before anybody else’
The pursuit of riches has existed from the dawn of civilisation. Ancient tribes risked their lives by leaving their homes and hearths in search of riches in distant lands. It is the pursuit of wealth and its concomitant greed that led to expeditions across the world, with the more powerful of explorers subjugating vulnerable locals to increase their wealth through all sorts of means—pillaging, sacking cities, overrunning countries and killing hundreds and thousands of people. This they did with a heady mix of superior weaponry, dubious barter deals, worldly guile—and religion. The new world order post-World War II brought new ideas of equality, human rights and egalitarianism, which effectively put an end to institutionalised colonialism. But colonialism survived the onslaught of the new world order. Only the means changed. Overt became covert, hush money replaced weaponry, dubious aid replaced dubious trade and corruption took the place of good old guile.
Colonialism became a thing of the past, surviving only with a prefix like “post” as in “post-colonial” but its spirit has not only survived but continues to thrive in this so called modern age. Commentators and perceptive people term this new avatar of the old colonialism as “neo-colonialism”. It is still very much the pursuit of wealth but is pursued through new channels that are acceptable to the new world order. Such as aid, trade, investment and ideas like social and economic development, inclusiveness, capacity building and, of course, sustainability.
Though the ideals look wholesomely altruistic, and many of them may be genuinely so, scratch the surface and you are more than likely to find the hidden hand of big money behind these initiatives. Just as big multinational corporate money continues to influence government policies around trade negotiations, it forces the hands of governments around geopolitical decisions as well.
And when it does that, its only guiding principle is the pursuit of wealth—it does not matter what it costs in terms of lives, limbs, property of the people concerned and their environments. The scenario is very much from what hapless people suffered in the days of colonialism. Only the means have changed.
The hand of Big Oil in the decades-long conflicts in the Middle East, and more recently, in the African continent, as well as the ongoing large scale destruction of rainforests and the habitats of countless species of wildlife, flora and not least remote human tribes in Middle and South America, South East Asia and even some Pacific Islands are only a few examples of the devastating impact of big money all over the world.
Corporate big money fuelled neo-colonialism has been a part of the Pacific, as it has been in other parts of the developing world for several decades now. The race for resources and the emergence of new populous countries as growing economic powers has seen it rearing its head in the Pacific Islands region again. This is particularly true of the better resourced part of the region—Melanesia, to be specific.
Australia has always remained a big player in Melanesia because of both geographical proximity and historical reasons and Australian big business has gained much from the country’s long involvement in Papua New Guinea, Solomon Islands, Vanuatu and more recently, in Timor Leste. Of these, its involvement in Papua New Guinea and its autonomous region of Bougainville has been of most significance. Its involvement in the Panguna Mine in Bougainville intensified the island’s bitter conflict about two decades ago, where a rebel group was aiming to break away from PNG to form an independent nation. The unrest and conflict caused innumerable deaths and unprecedented destruction. The Australians finally suspended mining operations leaving a huge scar on the pristine island and the people to their own fate.
The island has slowly recovered and restored peace in the years since it was declared an autonomous zone but Port Moresby has not done enough to rehabilitate it and help build its economy, leveraging its many unique natural attributes. More recently, Bougainville is gaining more recognition as an offbeat destination for adventure and nostalgia tourism, given its pristine landscapes and diversity of terrain, not to mention its many onshore and offshore World War II heritage sites. The recent celluloid depiction (Mr. Pip) of an eponymous popular novel authored by a New Zealander has provided a surge of interest in the tourist industry.
Bougainville’s resurgence has apparently rekindled Australia’s old desire to step up its involvement in the substantial island. Last month, it issued warnings that it feared Bougainville may be slipping back into chaos. The Australian Strategic Policy Institute (ASPI) has said Bougainville “could” slip back into civil war unless “we” [read Australia and the United States] act now. In the newfound love between the region’s ANZAC nations and the US, there is a tendency to invite the US to be part of every activity in the region, cocking a snook as it were to China. ASPI’s paper reeks of the trappings of classic neo-colonialism.
In its December report, it says there is a need to flood Bougainville with human resources to bulwark the political apparatus and economic infrastructure in preparation for independence. There are suggestions to invite the US to chip in with aid for Bougainville. The calculation is obviously to send a message to China, that the western powers are in first. That’s not all: other experts are making a case for the reopening of the Panguna Mine by its owners, mining giant Rio Tinto.
Amazingly, no one cares about asking the people of Bougainville about their perception if they need foreign intervention from the likes of Australia and the United States. Quite clearly, Australian fear-mongering and painting a picture of a security threat on its doorstep is intended to give it a reason to get into the resource-rich island before anybody else, using the excuse of bringing in aid, investment, creating jobs and, of course, ushering in “sustainable development” while guiding its activists towards achieving their ultimate goal of independence from PNG.
It is up to the pro-independence activists of Bougainville to see Australia’s offers to get involved for what it is worth without falling for the usual trappings of investment and promises of inclusiveness, capacity building, employment and development at the cost of their real natural wealth and economic independence in exchange for any promised help in gaining political independence.
Source:
The National, Wednesday January 15th, 2014
By SHIRLEY MAULUDU
THE Autonomous Region of Bougainville (AROB) government has chipped in K3 million to assist the National Development Bank (NDB) to open a branch in Bougainville, lending division executive manager Trevor Cain said.
He said AROB government had recognised that security for loans was an issue following the Bougainville crisis.
He said AROB had offered K3 million as seed capital for initial security deposit.
“This equity will be provided to NDB to secure loans for customers who do not have other forms of insurable security.”
Cain said NDB was finalising a branch plan in Bougainville.
He said the bank (NDB) was also organising an official opening once everything was ready and the AROB government president was available.
NDB was using an office in the building owned by trade and industry.
NDB said the renovation of the said office continued, with the branch office almost complete.
Meanwhile, Cain said NDB had decided to open a branch in Bougainville after a growing public demand for banking services.
“We received many requests to begin operations in Bougainville and in May 2013, the management spent a week in Buka checking out locations including Arawa,” he said.
January 15, 2014 · 8:55 am
Do the people of Bougainville want to be re-colonised by Australia and the US?
Getting Into Resource Rich Bougainville
Islands Business
‘Amazingly, no one cares about asking the people of Bougainville about their perception if they need foreign intervention from the likes of Australia and the United States. Quite clearly, Australian fear mongering and painting a picture of a security threat on its doorstep is intended to give it a reason to get into the resource-rich island before anybody else’
The pursuit of riches has existed from the dawn of civilisation. Ancient tribes risked their lives by leaving their homes and hearths in search of riches in distant lands. It is the pursuit of wealth and its concomitant greed that led to expeditions across the world, with the more powerful of explorers subjugating vulnerable locals to increase their wealth through all sorts of means—pillaging, sacking cities, overrunning countries and killing hundreds and thousands of people. This they did with a heady mix of superior weaponry, dubious barter deals, worldly guile—and religion. The new world order post-World War II brought new ideas of equality, human rights and egalitarianism, which effectively put an end to institutionalised colonialism. But colonialism survived the onslaught of the new world order. Only the means changed. Overt became covert, hush money replaced weaponry, dubious aid replaced dubious trade and corruption took the place of good old guile.
Colonialism became a thing of the past, surviving only with a prefix like “post” as in “post-colonial” but its spirit has not only survived but continues to thrive in this so called modern age. Commentators and perceptive people term this new avatar of the old colonialism as “neo-colonialism”. It is still very much the pursuit of wealth but is pursued through new channels that are acceptable to the new world order. Such as aid, trade, investment and ideas like social and economic development, inclusiveness, capacity building and, of course, sustainability.
Though the ideals look wholesomely altruistic, and many of them may be genuinely so, scratch the surface and you are more than likely to find the hidden hand of big money behind these initiatives. Just as big multinational corporate money continues to influence government policies around trade negotiations, it forces the hands of governments around geopolitical decisions as well.
And when it does that, its only guiding principle is the pursuit of wealth—it does not matter what it costs in terms of lives, limbs, property of the people concerned and their environments. The scenario is very much from what hapless people suffered in the days of colonialism. Only the means have changed.
The hand of Big Oil in the decades-long conflicts in the Middle East, and more recently, in the African continent, as well as the ongoing large scale destruction of rainforests and the habitats of countless species of wildlife, flora and not least remote human tribes in Middle and South America, South East Asia and even some Pacific Islands are only a few examples of the devastating impact of big money all over the world.
Corporate big money fuelled neo-colonialism has been a part of the Pacific, as it has been in other parts of the developing world for several decades now. The race for resources and the emergence of new populous countries as growing economic powers has seen it rearing its head in the Pacific Islands region again. This is particularly true of the better resourced part of the region—Melanesia, to be specific.
Australia has always remained a big player in Melanesia because of both geographical proximity and historical reasons and Australian big business has gained much from the country’s long involvement in Papua New Guinea, Solomon Islands, Vanuatu and more recently, in Timor Leste. Of these, its involvement in Papua New Guinea and its autonomous region of Bougainville has been of most significance. Its involvement in the Panguna Mine in Bougainville intensified the island’s bitter conflict about two decades ago, where a rebel group was aiming to break away from PNG to form an independent nation. The unrest and conflict caused innumerable deaths and unprecedented destruction. The Australians finally suspended mining operations leaving a huge scar on the pristine island and the people to their own fate.
The island has slowly recovered and restored peace in the years since it was declared an autonomous zone but Port Moresby has not done enough to rehabilitate it and help build its economy, leveraging its many unique natural attributes. More recently, Bougainville is gaining more recognition as an offbeat destination for adventure and nostalgia tourism, given its pristine landscapes and diversity of terrain, not to mention its many onshore and offshore World War II heritage sites. The recent celluloid depiction (Mr. Pip) of an eponymous popular novel authored by a New Zealander has provided a surge of interest in the tourist industry.
Bougainville’s resurgence has apparently rekindled Australia’s old desire to step up its involvement in the substantial island. Last month, it issued warnings that it feared Bougainville may be slipping back into chaos. The Australian Strategic Policy Institute (ASPI) has said Bougainville “could” slip back into civil war unless “we” [read Australia and the United States] act now. In the newfound love between the region’s ANZAC nations and the US, there is a tendency to invite the US to be part of every activity in the region, cocking a snook as it were to China. ASPI’s paper reeks of the trappings of classic neo-colonialism.
In its December report, it says there is a need to flood Bougainville with human resources to bulwark the political apparatus and economic infrastructure in preparation for independence. There are suggestions to invite the US to chip in with aid for Bougainville. The calculation is obviously to send a message to China, that the western powers are in first. That’s not all: other experts are making a case for the reopening of the Panguna Mine by its owners, mining giant Rio Tinto.
Amazingly, no one cares about asking the people of Bougainville about their perception if they need foreign intervention from the likes of Australia and the United States. Quite clearly, Australian fear-mongering and painting a picture of a security threat on its doorstep is intended to give it a reason to get into the resource-rich island before anybody else, using the excuse of bringing in aid, investment, creating jobs and, of course, ushering in “sustainable development” while guiding its activists towards achieving their ultimate goal of independence from PNG.
It is up to the pro-independence activists of Bougainville to see Australia’s offers to get involved for what it is worth without falling for the usual trappings of investment and promises of inclusiveness, capacity building, employment and development at the cost of their real natural wealth and economic independence in exchange for any promised help in gaining political independence.
Wenn der Kurs das erste Mal 10 AUD überschreitet, können wir das gerne 1000x hintereinander posten, aber ansonsten reichen diese News von ramu auch 1x .... imho..... :-)
Nix für ungut.......
Mir scheint es so als ob es der letzte Aufschrei der Widerstandsgegner ist.
Die Eröffnung der Panguna Mine ist beschlossen.
Was mich momentan verwundert ist da Jo-Jo spiel an der Börse mit unserer Aktie.
Darin sind sicher keine Austrlier und PNG Inseiter involviert. Denke da mehr an gewisse Leute im Forum hier. ( Hexenzirkel)
Film screening: ‘Saving our Land’
by ramunickel
If you are in Sydney, Australia this weekend, you may be interested in attending a screening of Clive Porabou's film 'Saving our Land'.
Clive is a Bougainvillean filmmaker, musician and Mekamui motherland custodian who will present a short film about the local campaign to save the land and environment against redeployment of the Panguna mine. Clive's presentation will be followed by a discussion and refreshments.
Event details: Saturday January 18 , 7 to 9 pm, Archive space, 5 Eliza Street, Newtown, Sydney.
For more information call Daniel Jones 0447 413 863; venue space is limited. Entry by donation toward venue costs.
ramunickel | January 16, 2014 at 3:34 pm | Tags: Bougainville, Environmental damage, Human rights, Landholders, Panguna, Papua New Guinea, Rio Tinto | Categories: Environmental impact, Human rights, Papua New Guinea | URL: http://wp.me/pMvf7-2YD
...bei großen Bergbaukonzernen, allen voran aus China
Es geht auch anders:
"Tief unter dem arktischen Eis liegen große Schätze verborgen. Der bisher kaum angetastete Rohstoffreichtum von Grönland weckt Begehrlichkeiten bei großen Bergbaukonzernen, allen voran aus China."
--> Quelle: http://www.welt.de/wall-street-journal/...enlands-Rohstoffschatz.html
Bougainville --> Seit 1960 ist bekannt, dass es riesige Kupfervorkommen auf Bougainville gibt. Glaubt Ihr, dass Bougainville als unabhängiger Staat (etwa 200.000 Einwohner) auf Jahre unbehelligt bleiben wird, wenn diese Vorkommen nicht abgebaut werden?
Leider könnte auch so laufen:
"Droht wegen Öl neuer Falklandkrieg?"
--> Quelle: http://www.brennstoffspiegel.de/...Öl+neuer+Falklandkrieg?&start=
"Falkland-Konflikt: Kalter Krieg um Öl und Ehre – Im eisigen Südatlantik tobt eine wilde Propagandaschlacht. Argentinien will die verschlafenen Falklandinseln zurück. Doch Großbritannien verteidigt seinen Außenposten eisern. Der Grund: Im Meeresboden vor den Eilanden soll ein Öl-Schatz ruhen."
--> Quelle: http://www.spiegel.de/politik/ausland/...falklandinseln-a-822741.html
Die nützen doch alle nichts und sind nur "heiße Luft".
Es muss halt abgewartet werden. Ansonsten geht es doch zu wie an Weihnachten: Mal sehen, was wir kriegen, wenn das und das und das und das und das eintreten wird.
Wir sind doch keine Fuzzis, die auf Weihnachten spekulieren. Dann doch lieber Spekulatius essen!!
In Zukunft mit einer Stimme zu sprechen.
170114PRESIDENT TO RECONCILE WITH BOUGAINVILLE NATIONAL MINISTERS
By Aloysius Laukai
The ABG President DR. JOHN MOMIS is to reconcile with the two Bougainville National Ministers, STEVEN PIRIKA, Bougainville Affairs Minister and member for South Bougainville and JIMMY MIRINGTORO the Minister for Communications and representing the people of Central Bougainville in the Papua New Guinea National Parliament.
This was revealed by the Bougainville Acting Chief Administrator, CHRIS SIRIOSI last night in his weekly radio program on New Dawn FM.
He said these leaders had been attacking each other on the media concerning certain issues on Bougainville and need to reconcile so that they can work together to develop Bougainville.
MR. SIRIOSI also said that as we move into the five year window of referendum our leaders must be united and operating on the same frequency instead of attacking each other which could divide the people of Bougainville at this very crucial time.
The Acting Chief Administrator also said that the ABG President also has to meet with Prime Minister PETER O’NEIL and iron out several issues ahead of the Prime Minister’s visit to Bougainville at the end of this month.
The Bougainville team will travel to Port Moresby on Monday and will return on Wednesday ahead of the Prime Minister’s trip to Bougainville.
Ends
Source: Post-Courier
PRIME Minister Peter O’Neill (pictured) and a government entourage are all set to visit Central Bougainville, specifically Panguna, in two weeks time.
An advance team is already in Bougainville to prepare for the landmark visit by the Prime Minister.
As part of Peter O’Neill’s country-wide tour, he will visit Buka on January 27, Arawa and Panguna on January 28 and overnight in Buin until January 29 when he returns to Port Moresby.
He will be the first Prime Minister to visit Central and South Bougainville since the peace agreement was signed on August 02, 2002. He will be only the second Prime Minister to visit Central Bougainville since the Crisis. The first was Bill Skate who arrived in Arawa in 1998 to broker the ceasefire between the PNG government and the rebels.
Sir William’s visit ultimately ended the island’s prolonged bloody war of secession. In 1997, Sir William, of the National Congress Party, was elected prime minister and promised that peace in Bougainville would be his highest priority.
This led to the signing of a ceasefire agreement, the Rotokas Record, and a movement towards peace and autonomy for Bougainville.
As negotiations continued, the national Government was hard hit with a K10 billion environment damage claim and talks of reconciliation between the two escalated but was marred with outstanding issues, including the murder of then North Solomon (now Bougainville) Provincial Government Premier Theodore Miriung and many other issues.
Now after more than 20 years, the next PNC-led Government under the leadership of Peter O’Neill will visit the island.
Yesterday, Central Bougainville MP and Communication Minister Miringtoro said the Prime Minister was all set to visit Central Bougainville to meet with families from Boku, Nagovis and Tailings in Panguna.
He said reports of Mr O’Neill being stopped from entering Panguna have been cleared and he is now free to travel to Central and South Bougainville.
Mr Miringtoro, who has been in Bougainville for a month preparing for the visit, said Bougainville is set to receive impact projects worth K500 million this year, which will be drawn down to the districts in accordance with the strict finance and treasury laws.
"The Prime Minster is not coming here to dig gold or with any related motive concerning the Panguna mine," Mr Miringtoro said.
"There are no hidden motives behind the Prime Minister’s visit to Arawa and Panguna. The Prime Minister is doing his routine visit throughout the country and Bougainville is no exception. He has completed his visits in all provinces throughout the country and this time he is coming to Bougainville."
The abrupt and continued closure of the Panguna mine in 1989 and during the period of conflict on Bougainville that followed, meant there was no opportunity to implement plans for its formal closure.
BCL is committed to undertaking appropriate remediation and rehabilitation studies and implementing necessary environmental programs regardless of the future operation of the Panguna mine.
Areas to be examined are the potential rehabilitation of the historical tailings deposits that remain in the Jaba River Basin and other legacies relating to the premature closure of the mine.
Studies of environmental conditions are required before remediation can take place at
Panguna and other mine affected areas. These will gather new information and examine historic data to determine levels of degradation or recovery.
The scope for studies lays with the Joint Panguna Negotiation Coordination Committee (JPNCC) and will require “on the ground” access for the experts that are engaged.
The JPNCC is comprised of representatives of landowners in mine affected areas, the Autonomous Bougainville Government, the Government of Papua New Guinea and BCL.
BCL is working closely with members of the JPNCC to progress towards environmental and historical studies.
The next meeting of the JPNCC is on 22 January 2013.
Bougainville24
19 January 2014
190114BOUGAINVILLE TEAM SET TO MEET PM
By Aloysius Laukai
A Bougainville delegation led by the ABG President, CHIEF DR. JOHN MOMIS will travel to Port Moresby tomorrow for a traditional reconciliation ceremony between the ABG President, CHIEF DR.JOHN MOMIS and Prime Minister PETER O’Neil and the two Bougainville National Minister’s, STEVEN PIRIKA the member for South Bougainville and Minister for Bougainville Affairs and Autonomy and the Member for Central Bougainville and Minister for Communication, JIMMY MIRINGTORO.
This is to make sure the trip of the Prime Minister to Bougainville next week is made without any hiccups.
The Acting Bougainville chief Administrator, CHRIS SIRIOSI made this known on New Dawn FM in a special broadcast tonight.
He said that the reconciliation will be witnessed by chiefs representing Central, North and South Bougainville.
MR. SIRIOSI said that the delegation which also includes senior ABG Ministers representing the three regions of Bougainville will include the exchange of traditional gifts of the people of Bougainville and IALIBU/PANGIA in Southern Highlands where the Prime Minister hails from.
The ceremony will be held the Bougainville way which would involve the exchange of Shell monies.
Prime Minister PETER O’NEIL’s visit to Bougainville has also been confirmed to 27th January, 2014.
A separate Program will be announced later.
New Dawn FM will cover the activities in Port Moresby and Bougainville and viewers and Bougainville listeners will be updated on these activities.
Ends 14 lines
Wenn O`Neil bei seinem Besuch der Pangunamine am 27 Jan. den Lo`s die von ihnen gewünschten Garantien gibt (Umweltschutz u. $$$ Beteiligung) dann wird auch der Ruf "We want BCL back" inselweit erschallen.
Womöglich sehen wir nächste Woche die letzte Opportunität sich noch kostengünstige Bouggys zu sichern? ;))))
wenn nicht, auf die paar....ihr wisst schon :-)
... wo doch immer noch lokal
kein neues Minen-Gesetz verabschiedet wurde!
...............is accelerating. Following yesterday"s report that Bafin took a hard line against precious metals manipulation, after its president Eike Koenig said possible manipulation of precious metals "is worse than the Libor-rigging scandal", today the response has trickled down to Germany and Europe"s largest bank, Deutsche Bank, which announced that it would withdraw from the appropriately named gold and silver price "fixing", as European regulators investigate suspected manipulation of precious metals prices by banks.
As a reminder, Deutsche is one of five banks involved in the twice-daily gold fix for global price setting and said it was quitting the process after withdrawing from the bulk of its commodities business. The scramble away from gold fixing was certainly assisted by the recent first (of many) manipulation expose in the legacy media, when Bloomberg revealed "How Gold Price Is Manipulated During The "London Fix." And sure enough, with Germany already very sensitive to the topic of its gold repatriation, and specifically why it is taking so long, it was only a matter of time before any German involvement in gold manipulation escalated to the very top.
All happening behind the scenes in the gold world since the USA said the germans can't have there gold back until 2020......where is the gold.......