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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (177794)9/5/2021 8:49:22 PM
From: TobagoJack  Respond to of 217729
 
Re <<that works in distracting attention AWAY from banking issues>>

.... wonder for how much longer. The banking thing is global and can consume all without gold.

Re <<first Civil War>>

Ah, yes, that one, the first one, civil war of a sort, am somewhat more familiar with the actions and counteractions, because it was a bit more 'international' and family participated in the rumble ... drawn to it to help, for the greater-good, doubtless. We seem to be draw to excitement and I am excited about Message 33474017 and for now shall deliberately figure that the for the greater-good includes me. Should it not appear to be so, I fold and am out. Giddy with anticipation.

en.wikipedia.org <<Service in the American War of Independence>>

Message 33411469
The lineage represented by the tombstone of the first family of Ganteaumes in Mayaro includes admirals and captains, planters and slaves, legislators, ministers of government and the church, clergymen, businessmen, judges, media moguls, derby winners, sportsmen ...
... These descendants include not just the Ganteaumes as business magnate Peter Ganteaume; clergyman Father Ganteaume and cricketeer Andy Ganteaume; but also the Seigerts (the founding family of the world-famous Angostura Bitters), the Pantins (including deceased Archbishop Anthony Pantin, Father Gerard Pantin and Minister of Education Clive Pantin), Rostants, Bessons, de Verteuil, de Silva, de la Bastide, Quesnel, and de Monteau among them. It also bears relations to Spanish/Venezuelan lineages of the Torres; of Portuguese origina as de Freitas and Carvalho and British heritage as the Hamel-Smiths as well as Agostinis, O’Connors, Guisseppis and Ciprianis and Scotts and those of Chinese lineage as the Chens among others.

... and no, we did not help America with the railroad tracks nor, strangely, with the subsequent gold rush.

was doing black liquid gold rush much further down south ... the dots ...

en.wikipedia.org



timesmachine.nytimes.com



Eugene's 'valuable properties' were in cooperation w/ his maternal uncle, John Lee Lum, by the rule-of-law side - we like rule of law, and we like rule of lawless. We just want to know the applicable rules.

we tend to know a good thing when presented with it :0)

John also minted money and moved money by family shops trinidadexpress.com <<Also on display are tokens made by private employers or companies for use instead of coins, such as a set issued by Edward Lee Lum, a Trinidadian-Chinese businessman and pioneer of the oil industry.>>

We are familiar w/ tokens. They work well, when protected by operation of law and protocol-law.

diggingforgoldintrinidadandtobago.wordpress.com

Trinidad’s First Commercial Success in Oil

At the beginning of the next century, 1901, the development of Guayaguayare into a commercial field began by both Mr. Randolph Rust and Mr. Lee lum who owned adjacent properties in that area. The operation of making Guayaguayare an oil field was funded by Canadian financial banking. At the time Rust encountered much difficulties in transporting the equipment to the drilling site since roads were not yet developed. As the time proceeded, routes to Guayaguayare improved, the equipment were transported to the site by towing it from Port-of-Spain and then hauled by men over bush infested lands and over rough clay roads. Rust employed Canadian drillers with a group of villagers mainly from Mayaro and Guayaguayare villages.



Randolph Rust, Picture taken from An Introduction to the History of Trinidad and Tobago by Bridget Brereton.



John Lee Lum, Picture taken from An Introduction to the History of Trinidad and Tobago by Bridget Brereton

In 1902, the first well was drilled using the Canadian pole system of percussion drilling. The well was recorded to be 1,015 feet deep; producing 100 barrels of per day. It was recorded that 8 more wells were drilled, wells at depths below 600 feet being drilled with the method of rotary drilling. Although there were a number of producers, funds were exhausted and Guayaguayare was abandoned without making a commercial shipment due to the fact that transportation of the oil out of the field being one of the major difficulties.

Rust encouraged the government to get a Geologist to develop surface maps of Trinidad, with the intentions of searching for locations for oil drilling. A Geologist named Cunningham-Craig was brought to Trinidad in 1904 to develop the surface maps. Along with Rust and Cunningham-Craig, an experienced engineer named A. Beedy Thompon was brought to Trinidad to assist since he was an engineer at the British oil companies in Russia.

Craig’s survey displayed great potential for oil drilling in the Point Fortin region, here Beedy began construction of the base for the Trinidad oil syndicate in 1906. During the time of construction, staff and employees suffered greatly from malaria and yellow fever. In 1907, drilling in the Point Fortin region began where a number of shallow producers were completed by percussion drilling. With great productivity, the thoughts of a larger company was being entertained. This was due to the fact that the admiralty were getting anxious to securing oil supplies under British control for the royal Navy. They seeked oil supplies as a fuel source for their new ships. In 1901, Trinidad oilfields limited was developed as a result of the fuel source. Beedy Thompson proceeded in securing more land for oil discovery and in 1911-1912, a number of wells drilled in the Parry lands producing 10,000 barrels per day at depths of 1,400 feet. Trinidad’s first commercial success was achieved by the Trinidad oil fields limited. In 1913, the Trinidad oilfield limited was over taken by United British oilfields limited.

<-The 1st Oil Discovery In Trinidad and Tobago Dangers in Drilling For Oil ->



To: sense who wrote (177794)9/8/2021 4:50:21 AM
From: TobagoJack  Read Replies (3) | Respond to of 217729
 
something about gold, from UBS, emphasis from whomever sent me, for easier perusal

QUOTE
Official sector gold buying continues…

Along with demand from key physical markets such as India and China, other fundamental demand categories have likely been supporting the gold market, albeit doing little to determine the broader price trend. Official sector gold purchases so far this year have been stronger than we expected at the beginning of 2021. Available data as of July shows that net buying has amounted to around 360 tonnes or 11.68moz, well on its way to our latest full year estimate of around 400 tonnes of total net buying from the official sector (Figure 1)



. …helped by the emergence of new buyers.

Another interesting development this year has been the emergence of buyers that have previously been less active in the gold space (Figure 2). Brazil has been a buyer of gold from May to July so far, adding a total of 62.3 tonnes of gold to its reserves. It remains to be seen whether Brazil’s purchases would be sustained, similar to other central banks that have implemented gold buying strategies in the past. Another central bank that has recently become active isThailand, which is currently the top buyer for 2021 after adding a total of around 90 tonnes in April and May. The last time Thailand had notable additions to its gold reserves was back in 2011, although the volume then was lower at 52.9 tonnes bought over 4 months throughout the course of year (Figure 3). Other large buyers this year such as Japan and Hungary appeared to be active for only one month this year, adding around 81 tonnes and 63 tonnes, respectively, back in March.



Russia’s gold reserves surprisingly increase in July

Interestingly, Russia added around 3 tonnes in July, the first purchase since June 2020 (Figure 4). This only effectively offsets selling in April for the same amount, and still leaves the net change in Russia’s gold reserves at -3.1 tonnes as of July. Nevertheless, the buying comes as a surprise given the announcement earlier in the year that Russia’s central bank would halt gold purchases. Meanwhile, according to today’s headlines, China’s gold reserves remain unchanged as of end-August – official gold holdings have been flat at 1,948 tonnes or 62.6moz since late 2019. Overall, we expect official sector net purchases of gold to continue for the remainder of the year, but the pace is likely to be slower than in H1 wherein volumes were boosted by seemingly one-off purchases made by some central banks in the first quarter.



Retail physical gold demand has also been a source of support

The other demand category that has likely been helping underpin the gold market is retail consumer interest. US Mint and Pert Mint gold coin sales suggest robust buying this year, the 12-month average of combined monthly sales volumes tracking just under 200koz, which is at the upper end of the range over the past several years (Figure 5). Interestingly, previous observations that we have made show that US Mint coin sales tends to be higher on average during periods when the US President is a Democrat and lower on average during periods when the administration is Republican. US Mint annual average coin sales during the Clinton and Obama administrations was around 871koz; so far this year, total gold coin sales are around 848koz(Figure 6). Germany is another market that has shown strong gold retail consumer interest this year. Average consumer demand over the past 4 quarters is around 42 tonnes, which is at the top end of the range in the past several years. The pick-up in gold interest coincides with the rise in inflation and inflation fears, with gold historically viewed as protection against rising prices (Figure 7).

UNQUOTE