Wednesday, November 2, 2011
Tuesday, November 1, 2011
Military Veterans Join the 99% on Wall Street
‘Veterans of the 99%’ hope to draw attention to the ways veterans have been impacted by the economic and social issues raised by Occupy Wall Street. They hope to help make veterans’ and service members’ participation in this movement more visible and deliberate.
On Wednesday morning starting at 11:00am, members of the New York City Chapter of Iraq Veterans Against the War and other veterans will come together at Wall Street with other Veterans of the 99%. They will march in uniform from Vietnam Veterans Plaza to Liberty Square (Zuccotti Park)—the heart of the Occupy Wall Street movement—and hold a press conference to discuss reasons why a growing number of veterans are supporting the 99% movement. They will tell their stories and talk about issues that are important to them as veterans, within the larger economic and democratic crises. These issues include the challenges of veterans re-entering civilian life after war and trauma and during economic recession, and looming cuts to veterans’ health care and VA services. They will talk about their outrage at the treatment of Marine veteran Scott Olsen last week in Oakland. And they will call on other veterans and service members to join the Veterans of the 99%.
Saturday, October 29, 2011
#ows and #occupythehood March In Solidarity With Those Foreclosed On By Criminal Banks
Jamaica Queens, NY—On Saturday, October 29th Occupy Wall Street, in solidarity with Occupy the Hood, will take action against the homelessness forced upon innocent Americans through criminal foreclosure practices. At 10:00am we will gather at Liberty Square and march to the J train, which we will take to Jamaica, Queens, the foreclosure capital of New York. Metro fare will be provided for those who need it. On the subway we will hold democratic forums on the intolerable hardships Americans have been suffering because of bank foreclosures.
“According to the Mortgage Bankers Association and the FDIC, one child in every classroom in America is losing their home because banks are foreclosing on their parents. In Queens, the reality is even worse,” said Michael Premo, a volunteer who is helping with Saturday's event.
At noon, we will gather in Jamaica Center and march through the neighborhood, winding through foreclosed homes. As we pass by foreclosed homes we will visually reclaim them with banners and signs in windows and yards, and by tracing a map of the foreclosed homes of Jamaica, Queens using our bodies.
“There are five thousand homes in Queens that are being foreclosed upon. This is a pandemic. Jamaica is ground zero for foreclosures in New York,” said Patrick Bruner, a volunteer with Occupy Wall Street.
#OccupyWallStreet is a people powered movement that began on September 17, 2011 in Liberty Square in Manhattan’s Financial District, and has spread to sustained occupations in over 100 cities in the United States and actions in over 1,700 cities globally. #OWS is fighting back against the corrosive power of major banks and multinational corporations over the democratic process, and the role of Wall Street in creating an economic collapse that has caused the greatest recession in generations. The movement is inspired by popular uprisings in Egypt, Tunisia, Spain, Greece, Italy and the UK, and aims to expose how the richest 1% of people who are writing the rules of the global economy are imposing an agenda of neoliberalism and economic inequality that is foreclosing our future.
#OccupytheHood’s mission is to encourage individuals & community-based organizations to be involved. We are present at General Assembly's, sit-ins, marches and rallies. We also initiate our own protests and boycotts. We will be seen and heard on our own, along-with and in unison with all the occupy-the-world movements until we bring forth a viable solution.... no matter how long it takes. Numbers speak volumes but the most important number to note at this time is the number one... Our voices are going to blend as one.
“According to the Mortgage Bankers Association and the FDIC, one child in every classroom in America is losing their home because banks are foreclosing on their parents. In Queens, the reality is even worse,” said Michael Premo, a volunteer who is helping with Saturday's event.
At noon, we will gather in Jamaica Center and march through the neighborhood, winding through foreclosed homes. As we pass by foreclosed homes we will visually reclaim them with banners and signs in windows and yards, and by tracing a map of the foreclosed homes of Jamaica, Queens using our bodies.
“There are five thousand homes in Queens that are being foreclosed upon. This is a pandemic. Jamaica is ground zero for foreclosures in New York,” said Patrick Bruner, a volunteer with Occupy Wall Street.
#OccupyWallStreet is a people powered movement that began on September 17, 2011 in Liberty Square in Manhattan’s Financial District, and has spread to sustained occupations in over 100 cities in the United States and actions in over 1,700 cities globally. #OWS is fighting back against the corrosive power of major banks and multinational corporations over the democratic process, and the role of Wall Street in creating an economic collapse that has caused the greatest recession in generations. The movement is inspired by popular uprisings in Egypt, Tunisia, Spain, Greece, Italy and the UK, and aims to expose how the richest 1% of people who are writing the rules of the global economy are imposing an agenda of neoliberalism and economic inequality that is foreclosing our future.
#OccupytheHood’s mission is to encourage individuals & community-based organizations to be involved. We are present at General Assembly's, sit-ins, marches and rallies. We also initiate our own protests and boycotts. We will be seen and heard on our own, along-with and in unison with all the occupy-the-world movements until we bring forth a viable solution.... no matter how long it takes. Numbers speak volumes but the most important number to note at this time is the number one... Our voices are going to blend as one.
#ows Takes The Streets In Solidarity With #occupyoakland
Last night hundreds marched through the streets of NYC, chanting "New York is Oakland, Oakland is New York." We circled City Hall, ran in the streets, refused to be kettled or have our voices silenced, marched up broadway, North on 6th Ave, circled around on Bleecker, and marched south against traffic on 6th ave, running past police barricades, running past our fear, running in solidarity with each other and #occupyoakland.
A second march split off and rushed past police, marching against traffic on Broadway, to make our way to Union Square, where we read a message of solidarity with Oakland and held an impromptu forum on police brutality. We marched, ran, chanted and drummed for hours, and took our streets back on the way home to Liberty Square.
We will not be afraid, we will not be silenced, we will not stand quietly while police brutalize peaceful occupiers. We fight for true democracy, and we fight to end the tyranny of the 1%. This is only the beginning. We are all Scott Olsen.
A second march split off and rushed past police, marching against traffic on Broadway, to make our way to Union Square, where we read a message of solidarity with Oakland and held an impromptu forum on police brutality. We marched, ran, chanted and drummed for hours, and took our streets back on the way home to Liberty Square.
We will not be afraid, we will not be silenced, we will not stand quietly while police brutalize peaceful occupiers. We fight for true democracy, and we fight to end the tyranny of the 1%. This is only the beginning. We are all Scott Olsen.
We are all Scott Olsen: Occupy Oakland #OWS
Scott Olsen, a former Marine, two-time Iraq war veteran, and member of Iraq Veterans Against the War, sustained a skull fracture after being shot in the head with a police projectile while peacefully participating in an Occupy Oakland march. He remains unconscious in critical condition at Oakland's Highland Hospital.
Olsen was hit at close range. After demonstrators rush to Olsen's aid, an Oakland cop waits a few beats before lobbing a second tear-gas canister at the crowd. They are attending to Olsen when the canister explodes, sending smoke everywhere.
Press release from Iraq Veterans Against the War.
Our hearts and prayers go out to Scott and his family.
Please share and take action!
Call Mayor Quan's office and demand that she investigate this incident and allow peaceful protests to continue: +1 (510) 238-3141
Olsen was hit at close range. After demonstrators rush to Olsen's aid, an Oakland cop waits a few beats before lobbing a second tear-gas canister at the crowd. They are attending to Olsen when the canister explodes, sending smoke everywhere.
Press release from Iraq Veterans Against the War.
Our hearts and prayers go out to Scott and his family.
Please share and take action!
Call Mayor Quan's office and demand that she investigate this incident and allow peaceful protests to continue: +1 (510) 238-3141
Where To Buy Mining Equipment
Mining has been an industry present since the start of civilization. Early humans mine for porcelein and rocks that they use for tools and weapons. This evidence states that humans, as early as tribal era mines and after a long time, still uses the ores and minerals with mining. Today, mining has been an industry that has expanded to different uses. Raw ores harvested from mines now varies and many kinds are added to the list.
We mine for coal, gold, diamond, iron and many other more. These raw materials are used for other industries such as metal production, jewelry and even science experiments. Every continent has its own mining specialization. Asia is known to produce with metals and coal. China and other Asian countries try to encourage their local companies to invest and divest in their mining industry. North America, on the other hand, is rich in gold and silver. These minerals are commonly used for jewelries and fashion aspects. Gold mines can also be found in the African continent. One of their major resource is gold and also the ever famous diamond. Cobalt, an alloy that is used in batteries, can also be mined in Africa. The other continents do not actively mine since they have no abundant resources in their countries.
Mining would not be successfully made without the proper equipment. Each mining equipment was created for its specific use. Starting from the truck to the deep mining equipments, each individual tool has its own proper use in accordance to the whole process. Explosives are also a major part in it. These are used to dig holes or efficiently break boulders. Drills are used to create holes and obtain rock samples from deep down the Earth. Some common equipment are cranes, crushers and lifts that do not correlate to the mining activity itself but is used to support miners during the whole process.
Buying and selling small or large equipment is common in the mining industery. Since a mine when excavated and emptied of its resources are closed, the equipments used then become obsolete for the miner. If the head of the team decided to store it for future use, maintenance would be costly and it could reflect to the budget that the team may use if a new spot for mining will be discovered. In that case, miners sell their equipments to other companies which has currently in need for that exact equipment.
Equipment used in mining can be easily bought in the Internet. A lot of mining companies offer a detailed brochure of equipments that they could produce and ship it to a customer's desired location. Some companies who focuses on the buying and selling market offers quotes and approximates a budget you can spend for a whole set of equipment. Just remember that each equipment in the mining industry is made for specific use or should be optimized for a change in its utilization.
We mine for coal, gold, diamond, iron and many other more. These raw materials are used for other industries such as metal production, jewelry and even science experiments. Every continent has its own mining specialization. Asia is known to produce with metals and coal. China and other Asian countries try to encourage their local companies to invest and divest in their mining industry. North America, on the other hand, is rich in gold and silver. These minerals are commonly used for jewelries and fashion aspects. Gold mines can also be found in the African continent. One of their major resource is gold and also the ever famous diamond. Cobalt, an alloy that is used in batteries, can also be mined in Africa. The other continents do not actively mine since they have no abundant resources in their countries.
Mining would not be successfully made without the proper equipment. Each mining equipment was created for its specific use. Starting from the truck to the deep mining equipments, each individual tool has its own proper use in accordance to the whole process. Explosives are also a major part in it. These are used to dig holes or efficiently break boulders. Drills are used to create holes and obtain rock samples from deep down the Earth. Some common equipment are cranes, crushers and lifts that do not correlate to the mining activity itself but is used to support miners during the whole process.
Buying and selling small or large equipment is common in the mining industery. Since a mine when excavated and emptied of its resources are closed, the equipments used then become obsolete for the miner. If the head of the team decided to store it for future use, maintenance would be costly and it could reflect to the budget that the team may use if a new spot for mining will be discovered. In that case, miners sell their equipments to other companies which has currently in need for that exact equipment.
Equipment used in mining can be easily bought in the Internet. A lot of mining companies offer a detailed brochure of equipments that they could produce and ship it to a customer's desired location. Some companies who focuses on the buying and selling market offers quotes and approximates a budget you can spend for a whole set of equipment. Just remember that each equipment in the mining industry is made for specific use or should be optimized for a change in its utilization.
Monday, October 24, 2011
Hammer Crusher
Hammer crusher or hammer mill is used to crush mid-hardness and weak corrosive materials, whose compressive strength is under 100 Mpa, and water ratio is less than 15%. Hammer crusher possesses qualities of simple structure, large reduction ratio, and high-efficiency. Both Dry and Wet Process are available.
Hammer crusher is widely used in mining, cement, coal, metallurgic, construction material, road building, and Petroleum & Chemical industries. The hammer crusher can be used not only in the crushing and sand making production lines, but also the mineral processing production line, taking the place of cone crushers.The hammer crusher can be also used for crushing chips and paper with fiber structure and strong elasticity and ductility, or recycling asbestos fiber by crushing wastes of asbestos cement, etc. Gap between the gratings are adjustable to change grain size of the discharge, so as to meet different requirements of the customers.Hammer crusher working principle
Driven by the motor, the rotor of hammer crusher which consist of main shaft, disk, pin shaft and hammers rotates at high speed in the crushing cavity. Raw materials enter the cavity through the feed opening. Materials in the cacity are blowed, impacted and ground by the hammer. Below the rotor is the sieve plate, which screens the materials.
Materials in the hammer crusher that reach the required size can be discharged from the sieve plate, while the oversize materials will be left and crushed again until reach the standard size. The final product size of the hammer crusher can be adjusted by changing the screening plate. The gap between the rotors and the screening plate can also be adjusted according to different requirement.
Gold Mining Equipment
Gold mining equipment machinery manufacturer, supplier from the largest array of mining equipment for gemstone, minerals, metal processing & accessories can be a major supplier of earth moving, construction equipment machinery, aggregate & waste recycling machinery equipment in China. Providing a full selection of mining technical services forming project planning, mining exploration, mining development and exploitation, since the total life cycle of your mining operation.
The gold is offered if you are prepared to take the time, with modern gold mining equipment even greenhorns stand an opportunity of striking it rich. The basic gold mining equipment is straightforward to make use of, powerful, rather than very expensive: jaw crusher, cone crusher, impact crusher, vsi crusher, mobile crusher.
Gold worth billions of dollars still waiting to be discovered
“Many miners, who are currently working the California gold fields believe that only 10 percent of the gold in the Sierra Nevadas was discovered in the original gold rush,” according to a 2009 Associated Press report.
That means that there are BILLIONS – literally BILLIONS – of dollars in gold waiting to be found in California and just about nearly other state in the Union.
High technology gold mining equipment, such as gold detectors, elegant modern dredges, and lightweight sluices will allow a new generation of gold miners to strike pay dirt, because the gold is there. It has just been too hard to get to until today…
The basic gold mining equipment is simple to use, powerful, and not very expensive:
Gold Pan – These are a great way for beginners to get started prospecting!
High Banker - A highbanker is a piece of gold prospecting equipment that uses a pump to force water through a sluice box to mimic the natural flow of a stream.
Gold Detector – These are not the heavy metal detectors that you remember from the 1980s. These are modern electronic tools specifically designed to find gold in tiny quantities and much deeper than older devices and toughened to withstand the harsh environment of the gold fields.
Gold Dredge – Dredges often allow weekend gold miners to become full-time prospectors.
Highbanker – A highbanker pumps water through a sluice box to mimic the natural flow of a stream – very useful in the desert or other places where water is not redily available.
Gold Pan – These are a great way for beginners to get started prospecting!
High Banker - A highbanker is a piece of gold prospecting equipment that uses a pump to force water through a sluice box to mimic the natural flow of a stream.
Gold Detector – These are not the heavy metal detectors that you remember from the 1980s. These are modern electronic tools specifically designed to find gold in tiny quantities and much deeper than older devices and toughened to withstand the harsh environment of the gold fields.
Gold Dredge – Dredges often allow weekend gold miners to become full-time prospectors.
Highbanker – A highbanker pumps water through a sluice box to mimic the natural flow of a stream – very useful in the desert or other places where water is not redily available.
The gold is out there if you are willing to make the effort, and with modern gold mining equipment even greenhorns stand a chance of striking it rich.
Golddland’s heavy industrial miing equipment
Goldland’s manufactures an array of quality, innovative gold mining and mineral extraction equipment, adding new precious metals separators and mining systems into its equipment line since its commencement in 1977. Goldlands concentration and gold processing units include:
1. The Gold SONIC CONCENTRATOR or “Live Sluice”, a two tray, heavy duty high oscillation gravity concentrator for hardrock and alluvial precious metals eaxtraction and concentration. These process from 50 to 150 Tons per hour and can be placed in series for higher capacity operations.
2. Portable HELICOID CONCENTRATORS called the Goldland “Blasters” which continuous feed and upgrade the metals and material. These units include the MicroBlasters, GoldBlasters and NuggetBlasters, starting at the smallest test units of 1 Ton/Hour, up to high capacity of 150 Ton/hr units.
3. TROMMEL/SCRUBBERS: These clay scrubbing units are portable, trailer mounted and process from 50 to 150 Tons/hour. The gravels are washed thoroughly, releasing any gold baring material from gravel conglomerates.
4. Rotary MICRON GOLD CENTRIFUGES: These centrifigal cylinders have a series of baffling within. The units are rotated at a high but regulated speed which breaks the water tension and forces the micron, floating gold and precious metals to be captured and build up in the interior baffling. The units are then purged at the end of shift and the concentrate extracted.
5. SCREENING SYSTEMS: These high vibrating units have 4-6 decks and can be adapted to process either concentrate or bank run material. They are ideal for micron gold recovery.
6. MINING PROPERTIES AVAILABLE – Goldlands operates its own gold mines and has properties available for new customers who wish to learn to operate Goldland’s mining equipment. Learn and earn at the same time!
Gold ore mining procsss
Gold ore crushing plant in gold mining involves crushing, screening, grinding, washing etc. Gold ore is loaded to the primary crusher for initial sizing. The jaw crusher can break the gold ore rocks into 150mm or 6 inch, thenbelt conveyor will transport the crushed gold ore towards the screening plant, which runs the gold ore through vibrating screens to size the fabric. Oversized rock is shipped via conveyor for the secondary crushers. Secondary crushing consists of impact crusher and Cone crusher.
In gold ore processing plant, we use equipments to purify gold from pyrite, chalcopyrite, native gold. After gold ore mined, firstly go through crushing process. In the gold ore coarse crushing process, jaw crusher is utilized as gold ore primary crusher. After coarse crushing process, screen out your fine gold ore, the gild ore with diameter a lot more than 10 mm go through secondary crushing process, in this crushing process, standard CS cone crusher is utilized.
In a few large gold concentrator, there’s fine crushing process after secondary crushing. Within this fine crushing, short head CS cone crusher can be used as gold ore crushing machine. The crushed gold ore get intoball mill evenly through vibrating screen. Ball mill is important gold ore beneficiation machine utilized to grind gold ore into powder lower than 200 mesh. Gold ore powder proceed through classification and flotation to produce pure gold.
Friday, October 21, 2011
Caterpillar Industrial Engines and Power Systems
Cat® industrial engines are ready for your application. These engines deliver the unsurpassed reliability, durability, fuel efficiency, and low cost of ownership you have come to expect from Caterpillar. And our world-class product support will never let you down. All this adds up to a powerful advantage for you.
Every Cat industrial diesel and gas engine comes with 75 years of engine experience. Our world-class product line of high-speed and medium-speed industrial engines in a wide range of applications offer power solutions for the most demanding installations and the harshest environments. With a power options from 8 - 6,100 bkW (11-8,180 bhp), Cat industrial engines offer the widest power range in the industry.
With decades of diesel engine innovation and expertise behind us, Caterpillar takes another critical step into the future with Cat® Tier 4 Interim/Stage IIB technology engines. These engines meet tough emissions standards and deliver the performance and efficiency you expect from Caterpillar.
Caterpillar and the 789D Mining Truck
Caterpillar Oil and Gas
Caterpillar provides power for the Oil & Gas Industry.
Oil and Gas Applications:
- Gas Compression
- Land and Offshore Drilling and Production
- Well Servicing
- Workover Rigs
- Mechanical drives for cranes, fire pumps, fracturing, pumps
- Generator sets and power modules
The Kefid Machinery
With the developments of high-tech industry, grinding mill is widely applied in various fields, and the demand for grinding mill is ever-increasing. Daily used soaps, toothpastes, cosmetics, plastic films, PVC, rubbers, glass, fire retardants, high hardness grinding materials, building materials, chemicals, etc are closely related with grinding mills.
Kefid Machinery has seize this opportunity to develop and research our grinding mills. Now, we have VM-Series Vertical Mill, European Tech. Grinding Mill, Micro Powder Grinding Mill and Trapezium Mill. The grinding material include Kaolins, limestones, calcite, marbles, barites, gypsums, pyrophyllite, dolomites, calcium carbonate, pigments, clays, coals, activated carbons, feldspar, talcs, mice, carbon black, alumina, chromic oxide, quartz, cements, and so on.
Today, the mining machinery industry has gone through the cheap labor advantage and expense of the environment of the extensive development stage, low-carbon economy to adapt to international trends, mill industry is actively exploring the development of energy savingpath, the majority of Mill manufacturing companies need to further emancipate the mind, broaden their horizons to international strategic vision to deal with industrial development.
Kefid machinery will insist on continuing innovation, and manufacture good quality and international level grinding mills, forging China technology to the world level step by step.
Politicians, financial regulators, banking officials and gold
Over the last few years we have seen some amazing developments occur in the global financial sector none of which are good or encouraging. The sovereign debt debacle in the Eurozone threatens the very existence of the euro as well as many banks. And, it is no news that the US is technically bankrupt. But, what amazes me more than anything else is the action taken by so called financial regulators, politicians and leading banking officials around the world.
With regard to the recent sell-off in gold, I am absolutely certain that there is a great deal of truth to the commentaries that suggest that this sell-off was engineered by central banks and their agents the bullion banks, in an attempt to thwart the upward momentum in gold and thus take the spotlight away from gold.
In a blatant attempt to drive the price of gold down, some large sell orders came onto the futures market during the time when the market was least liquid. You have to ask the question, why would anyone sell at the most illiquid times? The seller was obviously determined to move the market in the direction they wanted and was not interested in the least in attempting to liquidate at the best possible price. Then, as the prices of equities, commodities and most currencies plunged, it appears that certain hedge funds that were taking a beating in their stock positions used the profits made in gold and silver to cover those losses. This added to the downward momentum. The cherry on the top of the cake was the action taken by the CME. They hiked the margin for gold by 21% and in a falling market! Yet, while the S&P plummeted, the CME reduced margins for this contract by 33%! And, interestingly, although the price of gold tumbled, very few buy orders for physical gold were actually filled at the lower prices.
When it comes to precious metals especially gold and silver I find the actions of the CME very questionable. While they may proclaim their actions are taken to prevent market volatility, when it comes to gold and silver their actions actually cause much of the volatility. And, since it seems that their actions always favour the short position, I wonder what understanding they have with the bullion banks who have constantly attempted to suppress prices.
In the meantime those banks who have purchased high yielding government debt are now squealing that they don’t want to take their losses. Slightly more than a year ago, these banks purchased high-yielding Greek government bonds and then touted them to their clients as one incredible investment opportunity. All they were looking at was the high yield. The risk involved which was clearly obvious at the time was completely overlooked. And, now as the bonds become worthless, those banks don’t want to lose money. Can you imagine if you told you stock broker that you were not prepared to take the loss on the shares you bought a year ago?
In recent years, the amount of bank fraud going on, particularly in the USA, is unbelievable. Well-known banks are being sued for securities fraud, mortgage backed securities fraud, insider dealing, lying to clients… the list of claims is endless.
In June of 2007, Morgan Stanley agreed to pay $4.4 million to settle a class-action lawsuit with brokerage clients who bought precious metals and paid storage fees, when in fact it was alleged that Morgan Stanley wasn’t physically storing their gold and silver at all.
Last April, the Securities and Exchange Commission (SEC) targeted Goldman Sachs in a civil fraud case. The lawsuit alleged Goldman sold investors a synthetic collateralized debt obligation (CDO) linked to the performance of certain mortgages without disclosing that John Paulson’s hedge fund, Paulson & Co., helped design the CDO (named Abacus) and was shorting it. As mortgage prices collapsed, the buyers of Abacus – including ACA Financial and German bank IKB – lost nearly $1 billion.
On July 15, 2010, Goldman settled with the SEC for $500 million. The bank neither admitted nor denied the allegations. It said the marketing materials for Abacus contained “incomplete” information.
JP Morgan Chase was fined $228 million for a bid-rigging scheme involving municipal bonds. The Chase ruling is the latest to come down in a series of fines involving a number of banks, including Bank of America and UBS. This scam that Chase, Bank of America and UBS were involved with was no different in any way, really, from old-school mafia-style bid-rigging scams.
What these banks did is they got together and carved up territory between them, arranging things so that they wouldn’t be bidding against each other in municipal debt auctions. That means the 18 different states involved in these 93-odd deals all got screwed out of the best prices, leaving the taxpayers in those places severely overcharged for their public borrowing.
A few months ago, the Federal Reserve slapped an $85 million fine on Wells Fargo & Co for allegedly steering borrowers into high-cost subprime mortgage loans even though they qualified for safer loans. The fine is the largest civil monetary penalty the Fed has ever assessed in a consumer-protection enforcement action, the central bank said.
Only last week, Harry Markopolis the man who brought down Bernie Madoff’s $65 billion Ponzi scheme, told King World News that, “Bank of New York is going to go down, Eric. Between Bank of New York Mellon and State Street, these two institutions have stolen between $6 to $10 billion from tens of millions of Americans retirement savings accounts. It’s been a hell of a crime spree for the bank, but now they are being brought to justice.” Markopolos has led the team that spearheaded this investigation from the beginning. Harry and his team were the first to expose this fraud. Markopolos also told KWN, “The New York Attorney General filed suit on Tuesday (against Bank of New York Mellon) for stealing money from pension funds on currency transactions. This theft has been from tens of millions of Americans, policemen, firemen, librarians, municipal workers, judges and the list goes on and on and they’ve been doing it for decades.
Banks all around the world were coerced by US regulators into introducing the most meaningless, stupid and irritating law in banking history. Suddenly, clients old and new were regarded as terrorists, money launderers, arms and drug dealers unless of course they could prove their whereabouts! Overnight banks around the world wanted copies of documents relating to your physical address, identity documents and a history of all your financial dealings going back a few life-times. Of course, the authorities claimed that these new laws were necessary to prevent the flows of funds to terrorist organisations. However, there is a very big difference between the individual who happened to have a few thousand dollars in cash and someone else walking into the bank with suitcases of cash. Yet, despite the obvious difference the little guy who merely wanted to deposit a few thousand dollars in cash was instantly flagged. But, if you agreed to sign a string of documents admitting that the money actually belonged to you and nobody else, then the bank called off the raid by the local SWAT team. This act has done nothing but violate every single persons right to privacy.
When this law was introduced in South Africa under the name Financial Intelligence Centre Act of 2001 (FICA) people who had houses, and cars financed with a bank suddenly had to identify themselves??? The mere fact that they were known to the bank for years was beside the point. There is not one piece of intelligence in this law and enough is enough. By judging at what is happening with the banking system and as far as I am concerned it should be the client asking questions about the bank and not the bank asking questions about the client. If the global monetary system collapses, you can be assured of one thing. Any money you had deposited in a bank will be wiped out and you won’t have any recourse.
This law also gave the US government an excuse to attempt to destroy what was and still is the most efficient and honest banking system I have ever come across. I refer to what is known as offshore banking. My message is simple. Don’t accept whatever you hear and see on the media. Politicians are corrupt and financial leaders and bankers have lied to us. Take steps to protect your own wealth. The two important things that anyone can do is to first own some gold and silver bullion. And the second is to have an offshore bank account. Every single person that has some money deposited in a financial institution should allocate a portion of this money to gold and silver bullion and store it far away from any bank.
The price of gold continues to consolidate between $1600/oz and $1655/oz. I expect prices to trade with an upward bias. Interestingly, the recent drop represents a 61% retracement of the move that began in May at $1462 and ended in September at $1924.About the author
David Levenstein is a leading expert on investing in precious metals . Although he began trading silver through the LME in 1980, over the years he has dealt with gold, silver, platinum and palladium. He has traded and invested in bullion, bullion coins, mining shares, exchange traded funds, as well as futures for his personal account as well as for clients.
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice.
Cat® 6030 Hydraulic Mining Shovel Marks First Delivery of Former Bucyrus Machine in Cat Trade Dress
A mere six weeks after Caterpillar finalized the acquisition of Bucyrus, a Caterpillar Yellow hydraulic mining shovel shipped from the former Bucyrus factory in Dortmund, Germany. In early October, the Cat® 6030, painted in full Cat trade dress, was commissioned at Yara International’s phosphate mine operated by E. Hartikainen Oy and located near Siilinjärvi, Finland.
The 290-tonne (319-ton) mining shovel is the first Cat branded product from the former Bucyrus line to start operation at a mine. The machine, know as an RH120E under the O&K/Terex/Bucyrus banners, also makes history as the first shovel in that line to go into operation in Finland.
The original purchase agreement for the shovel was signed in January 2011 and stipulated that the machine would be delivered in Bucyrus trade dress. But following closing of the acquisition on July 8, 2011, and through the cooperative efforts of the former Bucyrus regional sales organization and the Finnish Cat dealer, Wihuri Oy Witraktor, the mining contractor was given the option to change to Cat trade dress. The mining contractor did just that—citing a long and favorable working relationship with the Cat dealer as a primary factor in the decision.
The new Cat 6030, which is configured as a backhoe, is being delivered along with several traditional Cat products, including three 785D mining trucks, a 993K wheel loader and a 16M motor grader. E. Hartikainen Oy is the largest mining contractor in Finland and owns more than 100 Cat machines. The Cat 6030 swings a payload of 30 tonnes (34 tons) and is a productive match with the new 785D trucks and the mine’s fleet of Cat 777 trucks. The 6030 is powered by two Cat C27 diesel engines, which produce a total of 1140 kW (1,530 hp).
The Yara International mine in Finland currently is the only producer of phosphate ore in Western Europe. In addition to the mine, the site in Siilinjärvi includes several processing plants used for the production of fertilizers, phosphoric acids and other industrial chemicals.
(Ref 4010)
http://www.caterpillar.comThe 290-tonne (319-ton) mining shovel is the first Cat branded product from the former Bucyrus line to start operation at a mine. The machine, know as an RH120E under the O&K/Terex/Bucyrus banners, also makes history as the first shovel in that line to go into operation in Finland.
The original purchase agreement for the shovel was signed in January 2011 and stipulated that the machine would be delivered in Bucyrus trade dress. But following closing of the acquisition on July 8, 2011, and through the cooperative efforts of the former Bucyrus regional sales organization and the Finnish Cat dealer, Wihuri Oy Witraktor, the mining contractor was given the option to change to Cat trade dress. The mining contractor did just that—citing a long and favorable working relationship with the Cat dealer as a primary factor in the decision.
The new Cat 6030, which is configured as a backhoe, is being delivered along with several traditional Cat products, including three 785D mining trucks, a 993K wheel loader and a 16M motor grader. E. Hartikainen Oy is the largest mining contractor in Finland and owns more than 100 Cat machines. The Cat 6030 swings a payload of 30 tonnes (34 tons) and is a productive match with the new 785D trucks and the mine’s fleet of Cat 777 trucks. The 6030 is powered by two Cat C27 diesel engines, which produce a total of 1140 kW (1,530 hp).
The Yara International mine in Finland currently is the only producer of phosphate ore in Western Europe. In addition to the mine, the site in Siilinjärvi includes several processing plants used for the production of fertilizers, phosphoric acids and other industrial chemicals.
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