PanARMENIAN.Net – Armenian men’s team will face Azerbaijan in the 7th round of the World Chess Olympiad in Istanbul, Turkey.
In round 6, Armenia played in a 2-2 draw with Russia while Azerbaijan defeated Croatia 3-1. Currently, Armenia, Russia and Azerbaijan have 11 points each.
Armenian men’s team scored victories over Bolivia, Bangladesh, Spain, Philippines and Ukraine in previous rounds.
via Armenia to face Azerbaijan in World Chess Olympiad round 7 – PanARMENIAN.Net.
Turkey wants Azerbaijan and Armenia to hold negotiations on Nagorno Karabakh conflict in Istanbul, Turkish FM Ahmet Davudoglu said, APA reports.
He said official Ankara is pursuing conflict settlement policy and has already become a leader in the region.
‘We would like to hold talks on Syria here, in Turkey. Moreover, it would be good, if the negotiations between Azerbaijan and Armenia will be held in Istanbul’, added Davudoglu.
via News.Az – Turkey offers to hold talks between Azerbaijan and Armenia in Istanbul.
Gulnara Inandzh, Director of Information and Analytical Center Etnoglobus (ethnoglobus.az), editor of Russian section of Turkishnews American-Turkish Resource website www.turkishnews.com , mete62@inbox.ru
Since 1982 every last Friday of Ramadan, in the initiative of the leader of the Islamic Revolution of Iran Imam Khomeini, “Quds Day” has been marked in a tribute to the solidarity with the Palestinian people. This year it was marked on the 17th of August.
According to wills of Imam Khomeini, spread of Islamic values is noted as one of the leading lines of the foreign policy of the Islamic Republic of Iran. “Quds Day”, as one of the wings of the spread of this policy, is of particular importance.
Over the past 30 years, the collapse of the Soviet Union and political change in the Arab world have expanded the geography of the “Quds Day” as a branch of the policy of exporting the Islamic revolution and its ideology.
The purpose of marking the “Quds Day” is to attract world attention to the occupied territories, includingPalestine. Loss of 20% of Azerbaijani territory, including Nagorno-Karabakh as a result of the war withArmeniaandAzerbaijan, also joined the list of states whose territories are under occupation.
In recent years, the reason of activity of “Quds Day” is connected with the coming to power of Islamist forces in some Arab countries.
OfficialTehran, using the favorable situation created by the so-called “Arab spring” to expand its influence in the region, expanded the range of “Quds Day”.Iranimprovises the liberation of Muslims from tyrannical regimes, by expanding geographic scope of their mission as a protector of the Muslims and thereby trying to regain the Muslim world.
“Arab Spring” changed the views regarding Nagorno-Karabakh conflict in the West as well as in the East. Statement by the Deputy Minister of Foreign Affairs of Saudi Arabia Prince Khalid bin Saud bin Khalid, “the need in this stage to increase pressure of the international community on Armenia in order to resolve the Nagorno-Karabakh conflict,” confirms this position.
Latest statement by supreme spiritual leader of Islamic Republic of Iran Ali Khamenei also draws attention in this regard: “Karabakh is Islamic land …. The Iranian parliament will support the fact that Karabakh belongs to Islam,Azerbaijan.
With the elections in Nagorno Karabakh there are attempts to neglect the facts that these lands’ belong to Azerbaijan and Islam. No matter how much time has passed the reality that Karabakh is Islamic land will not be forgotten. Karabakh will be released by the Muslim Azerbaijanis.”
Increase of reputation of Azerbaijanin the Middle East created good condition for leading Arabic countries andIran, along withIsrael, to take advantage of the situation.
In order to attract the interest, Azerbaijanfirst of all needs to advance effective suggestions and support.
Iranplan, within the framework of the “Qods Day”, to bring to the agenda the issue with respect to the liberation of occupied Azerbaijani territories byArmenia, including the Nagorno-Karabakh and to bring this conflict to the attention of the world Muslim community. The above statement by Ali Khamenei in connection with the Nagorno-Karabakh should also be seen on this plane.
Official Baku recognizes independence of Palestineand supports the idea of partition of Palestine Qodsi on the western and eastern parts. Azerbaijanshall take advantage of imposition of the Nagorno-Karabakh conflict on account of the Islamic world along with the status of Gods.
The processes in the Arab world, a tough fight of the regional states and world powers for the division of spheres of influence and control on the Middle East, creates condition for causing the conflict out of control in the Caucasus, including conflict between Armenia and Azerbaijan. Violation of the last months of ceasefire by the Armenian side and the loss of our soldiers endangers the resumption of hostilities frontal zone, with difficulty repressed for 20 years. Taking into account the impacts of the Armenian communities of the Arab countries by the Armenian lobby in the policies of these countries, in the event of renewed hostilities on the Armenian-Azerbaijani front, position of the Islamic world towards the Nagorno-Karabakh issue will be of great importance forAzerbaijan.
Under such circumstances,Azerbaijanis interested in delivering the Nagorno-Karabakh conflict through the Islamic world to the attention of world public opinion.
IT CAN NOT HAPPEN TO ME. GUESS WHAT? IT WILL!!!
Chapter 18
The SHADY SIDE OF SILVER
While everyone seems to ignore the casino atmosphere of the securities markets worldwide, there is a time bomb about to explode.
The volatility of the silver futures market is like bungee jumper without a rope.
It seems a complex game, but when you break it down, we all going to pay the devil. We all know it is wrong, but few speak up.
For starters , The Federal Reserve Board of the United States and other central bankers around the world are keeping their funds which they transact business with other member banks artificially low. This was done during the banking crisis, but they have failed investigate the abuses.
One glaring abuse is a major bank can “borrow” a million dollars and with high frequency trades [i]and short the silver contracts on the COMEX .[ii] They are selling contracts that they do not own. Another scheme is to place factious orders to sell to scare the buyers away. This drops the bids temporarily low. In an nano second the computers cancels the sells and instead buy at the depressed prices. These trades place an artificial cap on the price. Now the computers , some instances are trading among themselves with no human benefit.
AS is the case of silver, the industrial demand far outstrips the world’s supply. The total amount used is 755.7 million ounces. Here is the breakdown for industrial uses. One can quickly observe that over half is for industrial use.
Silver has unlimited applications in science, industry and art plus investments. Total demand in 2010 was 487.4 million ounces for industrial use only. 167 million ounces were used for jewelry and 101.3 million ounces were used in medals and coins which were probably increased in 2012 because of the Olympics. Silver is used 1000 ounce bars for industrial use. There is about 1.25 billion ounces of silver in the entire world in 1000 bars. These bars are not just floating to be plucked out of thin air. They are often broken down for use in computers and solar panels and mirrors just to name a few.
J P Morgan Chase was reported to be short 95 million ounces as of August 18, 2012. The 8 largest silver traders are short 40.9% of the entire COMEX future trading on a net basis. These contracts are in 1000 ounce bars. This will take over 100 trading days for them to cover(buy back) their shorts sales. This could be the straw that broke the camel’s back as far as inflation is concerned.
When industrial users discover they might have a delivery problem they more than likely double order. This in itself will put added pressure on the shorts and send silver on a par with gold. There is three times more gold around than silver. If silver ever reached the price of gold, forget the Euro and everything else. Heaven Forbid!!!
What one can do. Own silver for cash only. NOW
What the authorities must do worldwide.
Raise Interest rates NOW.
Abolish margin rates NOW.
Bring back the uptick rule NOW.
Reinstate the usury laws NOW.
Hire outside Law firms that will sue or try violators ona contingency basis. There only fee will be a fee based upon a predetimined percentage of the judgement. If they loose – no fee. This will give would be violators second thoughts of breaking laws.
Finally go back to chapter one and review every chapter that I have written so far
Cheerio !!!
COMEX(Commodity and metal exchange) offers gold, silver, copper and aluminum contracts as well as FTSE Eurotop 100 and 300 stock indices.
[ii] High frequency trades (HFT) are done by computing an allogrintem into a computer program that will trade silver contracts in nano seconds. This can also be done by posting factious offerings to scare away would be buyers causing the security to drop in value quickly. Then in a nano second it will buy back the security. The difference in sale price and buy price is the profit. Using a million dollars on margin; fractional change in price can be a tidy sum. It is estimated that 80 to 90% of all trades are now HFT’s.
The growing violence in Syria is strongly affecting the ethnic and religious elements in the country. This tension and upheaval raise concerns and worries among the Armenians in the country as well; for this reason, a portion of the Armenian population is seeking refuge in Armenia.
IT CAN NOT HAPPEN TO ME. GUESS WHAT? IT WILL !!
Chapter 17 Breaking Up the Banks.
“A GREEDY MAN BRINGS TROUBLE TO HIS FAMILY, BUT HE WHO HATES BRIBES WILL LIVE.” PROVERBS 15:27 When an industry is at the top or number one it has no place to go but down. This has been my observation for over 55 years. In the US Army it is called OJT (On the Job Training). WE as citizens going into our local bank should be warned WATCH OUT- THERE IS NO SUCH THING AS FREE LUNCH.
Albert Einstein said man’s greatest invention is compound interest. Banks love it when they can put it to use to an unsuspecting public. Any funds one gets to work down the principal will find that it has expanded. At some point one will not be able to pay that principal or off.
A funny thing happen on the way to the bank. They did it to themselves. Easy credit will kill the goose every time. You see in order to gain more wealth , banks had to issue more debt in order to lend more. GREED – it is a killer. Once one starts making and spending money; one needs more. It is at the very top that one takes chances in order to gain more. Usually these chances are at the detriment of us the average citizen trying to provide for a family.
The names of Corzine, LIBOR, JP Morgan-Chase; Dimon and Weill mean little to the average citizen-until they want to pay off debt. This is when the “Rule of 72” comes into play. It is very simple. Just divide the interest rate you are paying into 72. Your answer is how many years the bank is doubling its money on you. So if you are paying an 8% mortgage for 30 years divided by 72 is every 9 years. To me that seems fair because you are using the banks money. Credit cards can work on a monthly basis and now one is “going where no man has gone before”-STAR TREK. Once a debt is in outer space it is up to the courts (and the courts have to follow the law) the debtor is a pawn to spineless attorneys who seek a quick reward for returning a pittance to the lender. This is legal larceny and a USURY law supported by all nations would halt this practice and create more jobs and distribute more wealth over a wider area.
Once a bank has you in their indebtedness you lose your freedom. The more debt you take on; the deeper the hole you are in. If you are a lawmaker, one should open their safe deposit boxes. IN the days of yesteryear, politicians would accept tax free municipal bonds, but today they have to be registered. Now one finds cash that has been unreported?
So Nothing big can happen until elections are held, because it is more likely that the legislators involved with any kind of finances are on the take. So our votes are very important. We must elect enough new members that a group can control any committee. This has to be done in a bipartisan spirit.
So to break up the banks in a meaningful term we must have a majority turnover in world wide elections. WE must enforce a strong Usury Law for the protection of us all.
When JP Morgan has outrageous short positions in Gold and Silver futures on the COMEX and the CFTC is powerless to enforce them against this giant bank. The CFTC entire budget is around $200-$300 million while JP Morgan could spend $5 billion defending their illegal position. When a giant bank can out maneuver their government of laws – the bank should be broken up rather quickly.
My next chapters will have to do with the brokerage and financial management part of the break up.