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Philippines: Wealthiest Nation on Earth?, Following Shambhalista's Dubai Philippine gold
trismegistos
post Aug 17 2009, 09:53 PM
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QUOTE (azaz @ Aug 17 2009, 09:15 PM) *
The Holographic Will mainly concerns kins of Antonio Diaz aka Santa Romana. What Marcos loyalist maybe expecting could be from Marcos himself. In 2005, a $900+Billion swiss account came out in the international media linking the ex Pres. It could have been settled. That is more than enough to pay the Philippine national debt.

Anyways, personally, I'm more for debt moratorium just what the late Dictator called for. That's another reason why the IMF hated Marcos and why they and the international press love Cory. All these debts are artificial from the 97 engineered crises.
Financial elites being of jewish blood should call for a Jubilee year and write off those debts. And that's biblical.
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Suzuka00
post Aug 18 2009, 06:26 AM
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QUOTE (trismegistos @ Aug 17 2009, 09:53 PM) *
Anyways, personally, I'm more for debt moratorium just what the late Dictator called for. That's another reason why the IMF hated Marcos and why they and the international press love Cory. All these debts are artificial from the 97 engineered crises.
Financial elites being of jewish blood should call for a Jubilee year and write off those debts. And that's biblical.

Those things are the main reason why the Europeans raped our archipelago because of the riches,they did it to countries like vietnam,iran and siam too...

Iran got raped by europe and balkanized to many countries including what we know as modern iran because of they also they want their riches ....

I really believe that a philippines with a Kapampangan majority is a better one,Iluko,Kumintang and Bisaya should have trusted Kapampangans and did not ostracize Kapampangans for the Kapampangans that worked for spain and instead they should had worked with them to rebel against the spaniards instead of coercing the majority of Kapampangans to change their identity.....

This post has been edited by Suzuka00: Aug 18 2009, 07:29 AM
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trismegistos
post Aug 18 2009, 10:01 AM
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QUOTE (Suzuka00 @ Aug 18 2009, 06:26 AM) *
Those things are the main reason why the Europeans raped our archipelago because of the riches,they did it to countries like vietnam,iran and siam too...

Iran got raped by europe and balkanized to many countries including what we know as modern iran because of they also they want their riches ....

I really believe that a philippines with a Kapampangan majority is a better one,Iluko,Kumintang and Bisaya should have trusted Kapampangans and did not ostracize Kapampangans for the Kapampangans that worked for spain and instead they should had worked with them to rebel against the spaniards instead of coercing the majority of Kapampangans to change their identity.....

Remember also that during the Battle of Bangkusay, Tarik Soliman jeered at Lakandula for being coward and at the Bisayan Pintados and the Kumintangs for being submissive to the "Puting mukha" Castillians.

Jewish were persecuted before now they are the masters today. We are persecuted now, will our children be the masters of tommorow?

This post has been edited by trismegistos: Aug 18 2009, 10:27 AM
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Suzuka00
post Aug 18 2009, 10:54 AM
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QUOTE (trismegistos @ Aug 18 2009, 10:01 AM) *
Remember also that during the Battle of Bangkusay, Tarik Soliman jeered at Lakandula for being coward and at the Bisayan Pintados and the Kumintangs for being submissive to the "Puting mukha" Castillians.

Jewish were persecuted before now they are the masters today. We are persecuted now, will our children be the masters of tommorow?

I think Iluko and Kumintangs were also selfish that time,they only want freedom for themselves,they don't care their comrades.....

I think for a better tomorrow for our country we just need to be optimistic and fight for our rights....

This post has been edited by Suzuka00: Aug 18 2009, 10:58 AM
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azaz
post Aug 19 2009, 10:09 PM
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QUOTE (trismegistos @ Aug 17 2009, 10:53 PM) *
Anyways, personally, I'm more for debt moratorium just what the late Dictator called for. That's another reason why the IMF hated Marcos and why they and the international press love Cory. All these debts are artificial from the 97 engineered crises.
Financial elites being of jewish blood should call for a Jubilee year and write off those debts. And that's biblical.


I welcome any scheme that will alleviate Philippine debt burden: debt moratorium. debt cancellation, the 50% discount scheme if Philippines pay cash to creditors, through Santa Romana or Marcos, but the Philippines should first take a valiant step on how it will escape the current cycle of debt payment that is perpetually pinning the country down. If the Philippines shuns Santa Romana/Marcos scheme then it should reach out to other debtors and find a common scheme that can be acceptable to creditors. I think most creditors know they had already profited more than enough from the world's debt, and any debt moratorium or cancellation would also profit everyone for it would bring vibrant economic activities in debtor countries which creditors, mostly industrialized and exporter countries, would also benefit from.

This post has been edited by azaz: Aug 19 2009, 10:11 PM
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Suzuka00
post Aug 20 2009, 06:49 AM
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QUOTE (trismegistos @ Aug 18 2009, 11:01 AM) *
Remember also that during the Battle of Bangkusay, Tarik Soliman jeered at Lakandula for being coward and at the Bisayan Pintados and the Kumintangs for being submissive to the "Puting mukha" Castillians.

Jewish were persecuted before now they are the masters today. We are persecuted now, will our children be the masters of tommorow?

Kumintang and Iluko makes my blood boil for stereotyping Kapampangans and sometimes they try to distort history to opress kapampangans....

This post has been edited by Suzuka00: Aug 20 2009, 06:58 AM
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renascimento
post Aug 20 2009, 10:41 AM
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Inq7

QUOTE
PSE to introduce gold trading

Bullion to be kept with BSP
By Doris Dumlao
Philippine Daily Inquirer
First Posted 23:18:00 08/19/2009

Filed Under: Economy and Business and Finance, Stock Activity


MANILA, Philippines – The Philippine Stock Exchange plans to introduce spot gold trading and “specialist” trading while increasingly using fresh technological innovation to attract more Filipinos to invest in local stocks.

The local bourse yesterday signed an agreement with Thomson Reuters Philippines for the latter to flash real-time market prices, news and summaries on the PSE’s electronic billboard in the Makati central business district during trading hours.

“This is part of our firm resolve to improve trading liquidity, volume and to get more people involved in the stock market,” PSE president Francis Lim said.

PSE director Vivian Yuchengco also announced that the exchange was looking into the trading of gold certificates, where the underlying commodity would be placed under the custody of the Bangko Sentral ng Pilipinas. She said gold trading could hopefully start “in a couple of months” or hopefully within this year.

“That is another product which will give OFWs (overseas Filipino workers) the earnings they want if they buy gold,” Yuchengco said.

She said the idea to launch a gold trading platform originated from Social Security System president and former economic planning secretary Romulo Neri. She added that the BSP was initially reluctant to be part of it but that she was able to convince BSP Governor Amando Tetangco Jr. to support it.

“You can buy gold and take a position,” Yuchengco said.

“This will put Philippine gold in the global map. As you know, the Philippines sells a lot of gold,” she added.

But she said the mechanics of this new gold trading scheme were still being ironed out, agreeing that the underlying gold must be standardized to qualify for trading.

Yuchengco also said the PSE was looking at the introduction of specialist trading or market making, which is widely practiced in the New York Stock Exchange, to possibly institutionalize this in the local bourse.

The NYSE facilitates trading through a human being who is known as the specialist. Each stock listed on the NYSE is allocated to a specialist and all the buying and selling of a stock occurs at the location of this person, known as “the trading post.” Buyers and sellers represented by a floor trader will meet at the trading post to learn about the best current bid and ask price for a security. These bid and ask offers are called out loud and indicate the current prices to any interested party. A trade is executed when the bid and ask orders meet.

“The Philippine market is very shallow. This specialist trading will give more liquidity to the foreigners and our new system can take that because we have the NYSE system,” she said.
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islander
post Aug 20 2009, 01:47 PM
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The Philippines does have many foreign gold mining companies looking for Gold and other minerals:

Following is a map which shows where the gold is located in the Philippines:


This on the minerals resources of the Philippines: http://www.mgb.gov.ph/asomm/min_resources.htm

Map of other minerals: http://solfotaramining.com/gallery/emp-image-big5.jpg

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azaz
post Aug 23 2009, 08:52 PM
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About time PSE introduce this scheme, It may finally attract local gold holders to put out their items on the market.

As for Islander, the maps shows why whenever this said US mineral mapping satellite passes over the Philippines, its gadgets lights up like a Christmas tree.

For the people of Leyte, below is what I got from Mr. Todd Alphine on the $20 Million Santa Romana Will for that province (which I will try to forward to the attention of any officials in Leyte. Nothing to lose I guess if they try to claim):

--------------------------------------------------------------------------------------------------------------------------------------------
Todd Alphine....

I read again the LAST WILL and it is very clear that the $20,000,000.00 was to be given to the PEOPLE of LEYTE, and there was no mention that it was to be handled over to the Mayor or township, as the endowments was FOR THE PEOPLE of LEYTE. I am not sure what the procedure is, but I would suggest that if there were two official legalized OFFICIALS that could legally represent the PEOPLE from Leyte and Southern Leyte as beneficiaries, then the first baby step would be to file their claims for the $20 million as a joint effort, meaning they join together with the legal claim that they REPRESENT THE PEOPLE OF LEYTE. However $20 million dollars is not a lot of money and I think they could not claim all $20 million but state their position and then appeal to the trustees who could then approve the claim or not, but from what I heard, most claims are considered to be just for 50%, meaning not $20M but $10 Million. Again $10 million is not a lot of money to be doing any good, so if I was asked my viewpoint, I would hope to get the $10 Million and then ask someone like the ASIA NGO SUPPORT FOUNDATION to pool this into the larger investments , the $10 Million into a legal investment program to get back a return of $35 Million within the 2-year period. However the $35 Million can only be paid out if there is some proof of humanitarian projects, fighting poverty and helping the PUBLIC, the people as this would have to first be approved by the Trustees who would accept or deny the claims from Leyte. Now again $35 Million could be used to maybe improve on the geothermal plant and expand it, provide the profits were to be shared with the public and not just to shareholders or investors. With $35M, I think they could deposit $10M of it and ask for a LOAN from Asia Development Bank for $25M additional to improve the geothermal plant and facilities, if someone would do the proper feasibility studies to show this was a improvement for the Environment and how the profits would help the poor people of Leyte. But who is there that can get off their rear end and get the project created, as there is a deadline of JAnuary 2010 for anyone to file their claims against the escrow account of that $500M for that LAst Will of MR. Jose A. Diaz...

This post has been edited by azaz: Aug 23 2009, 08:54 PM
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CORNELIO
post Aug 31 2009, 09:23 PM
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QUOTE (azaz @ Aug 23 2009, 09:52 PM) *
About time PSE introduce this scheme, It may finally attract local gold holders to put out their items on the market.

As for Islander, the maps shows why whenever this said US mineral mapping satellite passes over the Philippines, its gadgets lights up like a Christmas tree.

For the people of Leyte, below is what I got from Mr. Todd Alphine on the $20 Million Santa Romana Will for that province (which I will try to forward to the attention of any officials in Leyte. Nothing to lose I guess if they try to claim):

--------------------------------------------------------------------------------------------------------------------------------------------
Todd Alphine....

I read again the LAST WILL and it is very clear that the $20,000,000.00 was to be given to the PEOPLE of LEYTE, and there was no mention that it was to be handled over to the Mayor or township, as the endowments was FOR THE PEOPLE of LEYTE. I am not sure what the procedure is, but I would suggest that if there were two official legalized OFFICIALS that could legally represent the PEOPLE from Leyte and Southern Leyte as beneficiaries, then the first baby step would be to file their claims for the $20 million as a joint effort, meaning they join together with the legal claim that they REPRESENT THE PEOPLE OF LEYTE. However $20 million dollars is not a lot of money and I think they could not claim all $20 million but state their position and then appeal to the trustees who could then approve the claim or not, but from what I heard, most claims are considered to be just for 50%, meaning not $20M but $10 Million. Again $10 million is not a lot of money to be doing any good, so if I was asked my viewpoint, I would hope to get the $10 Million and then ask someone like the ASIA NGO SUPPORT FOUNDATION to pool this into the larger investments , the $10 Million into a legal investment program to get back a return of $35 Million within the 2-year period. However the $35 Million can only be paid out if there is some proof of humanitarian projects, fighting poverty and helping the PUBLIC, the people as this would have to first be approved by the Trustees who would accept or deny the claims from Leyte. Now again $35 Million could be used to maybe improve on the geothermal plant and expand it, provide the profits were to be shared with the public and not just to shareholders or investors. With $35M, I think they could deposit $10M of it and ask for a LOAN from Asia Development Bank for $25M additional to improve the geothermal plant and facilities, if someone would do the proper feasibility studies to show this was a improvement for the Environment and how the profits would help the poor people of Leyte. But who is there that can get off their rear end and get the project created, as there is a deadline of JAnuary 2010 for anyone to file their claims against the escrow account of that $500M for that LAst Will of MR. Jose A. Diaz...

WAW! ASAN MGA WARAY DETO! KLEM NA!

This post has been edited by CORNELIO: Aug 31 2009, 09:23 PM
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renascimento
post Sep 3 2009, 04:35 AM
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Hong Kong: Wealthiest Territory on Earth embarassedlaugh.gif

QUOTE
HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold holdings from depositories in London, transferring them to a high-security depository newly built at the city's airport, in a move that won praise from local traders Thursday.

The facility, industry professionals said, would support Hong Kong's emergence as a Swiss-style trading hub for bullion and would lessen London's status as a key settlement-and-storage center.

"Having a central government-sponsored vault would create a situation where you could conceivably look at Hong Kong as being a hub, where metal could be traded for the region," said Sunil Kashyap, managing director at Scotia Capital in Hong Kong, adding that the facility was the first with official government backing in the region.

The Hong Kong Monetary Authority, which functions as the territory's unofficial central bank, will transfer its gold reserves stored in other vaults to the depository later this year, the Hong Kong government said in an earlier statement.

The monetary authority reported $63 million in physical gold reserves as of July 31, according to its International Reserves and Foreign Currency Liquidity statement. The authority wouldn't disclose where the reserves are held, but local media reports cited gold traders as saying that London's the most likely location.

Traders said the new depository facility could also foster new financial products, such as exchange-traded funds based on precious metals.

The 3,660-square-foot depository, located at the city's main Chek Lap Kok Airport, will serve as a "storage facility for local and overseas government institutions," according to the government statement.

Martin Hennecke, a financial advisor with the Hong Kong-based Tyche Group Ltd., said that could be appealing to regional central banks unnerved after watching the global financial system teeter on verge of implosion last year.

"Central banks are increasingly aware of the importance of having gold reserves at time of financial crisis and having it easily available at their own disposal," he said.

Meanwhile, local newspaper reports said the Hong Kong Mercantile Exchange had signed an agreement to use the depository for its physical settlement and storage needs.

Marketing efforts will be launched to convince Asian central banks to transfer their gold reserves to the Hong Kong facility, according to reports citing Raymond Lai, finance director with the Hong Kong Airport Authority.

Efforts will also be made to reach out to commodity exchanges, banks, precious-metals refiners and ETF providers, the reports said.

Management firm Value Partners planned to launch an ETF gold fund that will use Hong Kong instead of London as a repository for the gold backing the fund, local reports said Thursday.


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azaz
post Sep 8 2009, 09:13 PM
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I have been trying to get the attention of the governors of Leyte and Southern Leyte on this matter. I haven't got any reply yet but I got this from a certain Olympia Jolly. It seems that Leyte island really needs that $20 Million for development. Anyone from Leyte here?

------------------------------------------------------------------------------------------------------------------------------------------------
Olympia Jolls says:

I'm not familiar with Mr. Diaz Will but I would like to know how people in my Brgy. can get in line for some of that funds. I'm from Brgy. Binongto-an, living in the U.S., like most brgy. we are poor farmers. We can use our share of that money to improve our drinking water, build a road, which the government is suppose to fund but our request has gone by the way side, these are just a few things from a long list of needs. I hope that the fund makes it to Leyte citizen as I'm sure Mr. Diaz had intended it to be, not to someones deep pocket.

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Suzuka00
post Sep 23 2009, 10:09 AM
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QUOTE (trismegistos @ Aug 18 2009, 10:01 AM) *
Remember also that during the Battle of Bangkusay, Tarik Soliman jeered at Lakandula for being coward and at the Bisayan Pintados and the Kumintangs for being submissive to the "Puting mukha" Castillians.

Jewish were persecuted before now they are the masters today. We are persecuted now, will our children be the masters of tommorow?

our country is very poor because the supposed people/province who are supposed to manage our country got castrated culturally.

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Fictionicon
post Sep 23 2009, 11:51 AM
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as long as the church dictates certain issues in politics... i highly doubt Phil will be wealthy......


http://www.youtube.com/watch?v=a3LvVCZvtqE...feature=channel part 1


http://www.youtube.com/watch?v=NQ6eo-EFL9U part 2 icon_smile.gif
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taolander
post Sep 23 2009, 05:34 PM
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QUOTE (Fictionicon @ Sep 23 2009, 11:51 AM) *
as long as the church dictates certain issues in politics... i highly doubt Phil will be wealthy......


http://www.youtube.com/watch?v=a3LvVCZvtqE...feature=channel part 1


http://www.youtube.com/watch?v=NQ6eo-EFL9U part 2 icon_smile.gif


you've missed a few discussions here. we need a population of 300+ miliion to crush the PRC embarassedlaugh.gif

azaz, you still alive ? how is the gold doing under the north pole laugh.gif
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azaz
post Sep 27 2009, 04:21 AM
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Taolander, thanks that somebody missed me. As for North Pole, I was also amazed that there is country up there. Todd Alphine really comes up with new sites that stir curiosity.
Renascimento, Hongkong's move to secure its gold seems a sign that the world is preparing for gold standard. The Philippines is said to be second only to South Africa in gold reserves but it seems there is nothing to substantially secure anymore in the Central Bank.
Suzuka, Philippines is also minerally castrated. We keep losing our wealth for one reason or another.

Now, I think Mr. John Arcane and Mr. Todd Alphine are helping certain Olympia Jolls of Tanauan, Leyte to claim the $20 Million for the People of Leyte. Olympia needs to enumerate some projects to convince the Trustees of the Jose Antonio Diaz Holographic Last Will to claim the money. Well, I hope the People of Leyte gets what Diaz left for that island though very little compared to other beneficiaries. Leyte is a small crack in this Santa Romana gold. I hope we find a bigger crack. Something that will fit the Philippines.

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taolander
post Sep 27 2009, 10:33 AM
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hm, if still you lack some claimants or have too much trouble verifying them, a donation to the victims of the storm should be in order. and maybe some long term investment in a dike / irrigation system. don't know how much influence you have on these decisions, but this could be the perfect opportunity to get some of it into the philippines.

and something about the manipulation of gold prices by governments

kudos to your "creative consultants". i was about to offer my help in such matters, but it seems they really know their stuff. laugh.gif

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Suzuka00
post Sep 28 2009, 11:17 AM
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QUOTE (azaz @ Sep 27 2009, 04:21 AM) *
Suzuka, Philippines is also minerally castrated. We keep losing our wealth for one reason or another.

I think moving the capital to Macabebe or Subic will stop the cultural castration....
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The Red Baron
post Sep 28 2009, 07:59 PM
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QUOTE (Suzuka00 @ Sep 28 2009, 12:17 PM) *
I think moving the capital to Macabebe or Subic will stop the cultural castration....


no, move it to cebu. the real center of the philippines.
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Suzuka00
post Sep 29 2009, 10:35 AM
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QUOTE (The Red Baron @ Sep 28 2009, 07:59 PM) *
no, move it to cebu. the real center of the philippines.

had the macabebeans won the battle of Bangkusay or magellan did not come The Philippines will be partition to two by Maranaos and Kabalens,Maranaos rule the southern part while Kabalens get the northern part...

While manila becomes a "singapore".

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