"If I Only Had a Brain"....."If I Only Had a Heart" and "If I Only Had the Nerve" is the saga of present-day TRX bagholders.
This song written by Harold Arlen (music) and E.Y. Harburg (lyrics) is sung in the 1939 film The Wizard of Oz by the three characters (The Scarecrow, The Lion, and The Tinman) that meet Dorothy.
The characters pine about what each wants from the Wizard (James Sinclair). It sadly very much relates to the present situation faced by TRX, and should be sung with an adaptation called "If We Only Had a Plan" when the characters meet at the yearly bagholders meeting to discuss with the 'Wizard' on how to save TRX.
hahahaha.....Leave it to a Baptist Christian to be so vicious, and evil-hearted over his love of money. HYPOCRITE !!!
The bag of questions is empty. All questions have been asked. The shell game is over. Time now for TRX management to report to shareholders with realistic answers.
'...Chances are these two things will not happen in 2014 will not happen in 2015 and will not happen in 2016.'
Come on, Luddy. You need to be more accurate than just saying 'chances are....' What's the percentage of chance vs the 'real deal'? The sheep wanna know.
The U.S. dollar is being increasingly dropped as the currency for settling international trade. But perhaps the latest trend provides the most startling evidence yet that the dollar is doomed as the world reserve currency.
The Financial Times reported today that U.S. corporations are using the Chinese renminbi to buy imports over three times more than they had the previous year:
China’s renminbi is rapidly displacing the US dollar as a trading currency not only in Asia and Europe but now also in the US home market.
The value of renminbi payments between the US and the rest of the world rose by 327 per cent in April this year from the same month a year ago (see chart) as more US corporations switched to using the Chinese currency to pay for imports from China, according to data from SWIFT, the international currency settlement firm.
First, US importers can slash the cost of imports from China by agreeing to trade in renminbi rather than US dollars, Lodge said. Second, a recent surge in the popularity of a host of renminbi-denominated financial market instruments are making it easier for US corporates both to hedge currency risk and to earn an investment return from the renminbi they hold...'
Unfortunately, Russia's President Putin is about 12 chess-games ahead of the thinking of the Obama administration on this.
Russia doesn't need to do anything militarily to destroy the US.
All that has to happen is for Russia, China, and the BRIC nations to simultaneously drop the dollar for any of their business transactions, and the big, fat, sucking sound you would be hearing would be that of the American economy going right down the proverbial tubes.
And any thinking in DC that we could win a conventional war against Russia (which is what the US government appears to want to provoke by its actions), needs to be met with some very grave assessments of precisely where the US military is in this part of the 21st century. And the cold, hard reality here is, the US doesn't have the troop strength, the money, or the manufacturing to insure a positive outcome to a conventional war against Russia; and this is what makes the military scenario here so scarily dangerous.
The Main Stream Media is now deluged with reports of the accelerating rate at which the world is abandoning the US dollar. The days of the USD being the world’s Reserve Currency are not just numbered, they are finished.
The dollar is dead, long live the Yuan.
Not newsworthy?? Heh....all the G7 members pushed each other aside to make sure to have a meeting with Putin on the sideline. Not newsworthy, indeed!!
Russia Is Doing It –
The Russians are actually making a move against the petrodollar. It appears that they are quite serious about their de-dollarizationstrategy. The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros. And Gazprom would have never done this without the full approval of the Russian government, because the Russian government holds a majority stake in Gazprom. There hasn't been a word about this from the big mainstream news networks in the United States, but this is huge. When you are talking about Gazprom, you are talking about a company that is absolutely massive. It is one of the largest companies in the entire world and it makes up 8 percent of Russian GDP all by itself. It holds 18 percent of the natural gas reserves of the entire planet, and it is also a very large oil producer. So for Gazprom to make a move like this is extremely significant.
“It’s only the tip of the iceberg. A grand geopolitical project is beginning to materialize…”
On June 6 2014, the official Russian news agency Itar Tass announced what many were expecting since at least the beginning of the Ukrainian crisis: Russian main energy company, Gazprom Neft has finally “signed agreements with its consumers” to switch from Dollars to Euros (as transition to the ruble) “for payments under contracts”.
The announcement that the agreement has been actually signed and not just discussed was made by Gazprom’s Chief Executive Officer, Alexander Dyukov.
Despite the pressures from Wall Street and its military, propaganda and political apparatus, 9 out of 10 consumers of Gazprom’s oil and gas agreed to pay in Euros. Of course, the big watershed was the Gazprom unprecedented 30-years $400Bl natural gas supply to China signed in Shanghai last May 21 in the presence of President Putin and President Xi Jinping in the middle of the Anglo-american sponsored violent destabilization of Ukraine. In fact it is improper to talk a dollar denominated $400Bl, because this “biggest deal” will not be using dollars but the Renminbi (or Yuan) and the Russian Ruble. It links China and Russia economically and strategically for three decades, de facto (and maybe later also de jure) creating an unshakable symbiotic alliance that necessarily will involve the military aspect.....'
Russia will start settling more contracts in Asian currencies, especially the yuan, in order to lessen its dependence on the dollar market, and because of Western-led sanctions that could freeze funds at any moment.
“Over the last few weeks there has been a significant interest in the market from large Russian corporations to start using various products in renminbi and other Asian currencies, and to set up accounts in Asian locations,” Pavel Teplukhin, head of Deutsche Bank in Russia, told the Financial Times, which was published in an article on Sunday.
Renminbi use surges in home of US dollar
The value of renminbi payments between the US and the rest of the world rose by 327 per cent in April this year.
China Allows Companies to Settle Trade in RMB.
People's Bank of China (PBOC) allows the yuan to appreciate or depreciate daily by 1% in either direction of a marker it sets China's yuan surpasses euro as 2nd most-used currency in trade finance.
Looking at the transcript for that portion of the AGM there were some inaudible words. I am fairly confident he said Panama right before the word gold.
Very nice video. Wondering why only the snap shots? I'd rather see some action footage of the drilling operation to see how many feet of pipe are placed.