SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (174959)7/17/2021 10:01:57 AM
From: Snowshoe  Read Replies (2) | Respond to of 217792
 
re "Commerce Unit Went ‘Rogue,’ Senate Report Says, Targeting Chinese Americans"

That is one weird story!



To: TobagoJack who wrote (174959)7/17/2021 12:35:20 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217792
 
TJ - so what else is new? China's CCP does not do the same or worse?

Your remarks remind me of an incident I was involved many many years ago, after participating at a Hi FI and Stereo Show in the late 1970 at an exhibition in London, which participation was of great success for a small company like mine with around 15 to 18 employees.

I was between the few who designed small 4" double coiled loudspeakers and 1" twitter, with special sound diffusion structure, enclosed into a small box with rounded corners, of 8" by 4 7/8" by 4.5 ".called GULIVER (photographs are on my FB page for the interested).

I do have samples even today and listen trough them to music.

The product was at the time a great success, with very positive professional reports and frontpage photographs. A Hi Fi store on Tottenham Court Road near Oxford Street in London sold my loudspeakers.

This attracted the interest of a family member of the Saudi Arabia Royal Family whom I meet I think at his London residence and who wanted to buy the loudspeakers in the presented boxes as presents for members of his Royal Family.

Upon my return at the time to Tel Aviv in very high spirits of success I was invited promptly to the Counter Intelligence Tel Aviv Unit and underwent an interrogation.

Was completely puzzled by this approach after all it was a pure possibility of a commercial transaction of an item that was nothing more than a loudspeaker which arouse commercial interest.

Bottom line I was sternly told that this time the are understanding my innocent business approach with no other intentions, and I should stop immediately any continuing conversation or dealing with that person.

Export's started to flourish, until I fell ill due to the Israeli bureaucracy, to receive the proper waivers of very high import taxes, (raw magnetic materials, membranes, special coated insulated copper wires etc.,) for the items I export and be recognized as an "approved enterprise" which would eliminate the bureaucracy and free me of the paperwork to receive back the high import taxes and receive access to bank credits based on export orders.

Long story short at age 31 I was walking with a cane in the factory to expedite the last export batch and ended up in intensive care with pericarditis and took me a long time to recover.

The lovely Israeli banks took over the business and destroyed it.

So much for the "famous Start-up Nation"



To: TobagoJack who wrote (174959)7/17/2021 1:36:29 PM
From: ggersh  Respond to of 217792
 
jessescrossroadscafe.blogspot.com

"What makes the silver (and gold) manipulation the perfect crime are a number of elements; short term price control through High Frequency Trading, compliant regulators and the fact that most victims don’t even realize they are being had, as the sellers are mostly just reacting to the deliberately-set lower prices.It’s hard to end an ongoing crime in progress when so many don’t realize it is in progress.

Worse, there are still some who profess that there is no manipulation underway. And for the few who do realize what’s really going on, what can you do about it when the regulators are in bed with the manipulators?

Perhaps the options are limited, but that’s not the same as non-existent."

Ted Butler, Busting the Perfect Crime