Pamphlet 28
South Africa no longer has economic gold reserves
2009 Gold Forecast;
The report dated 2009, comes to my attention while investigating the President Jacob Zuma first term, I become aware of the serious implications of the forecast, however, my presentation that Gold is reaching a level of ‘uneconomic’ removal, and thus the Gold Investors will be moving on shortly, initially does not find space in Human Dictate, but in Revision 3, it does.
Cedric’s short ramble:
1: The 2009 projection, results in the Gold Price, moving from USD 973,66 to 1 668,86, by 2012, a typically related to diminished production.
2: The Rand remains stable during this period.
3: Gold Prices reduce, and Rand depreciates from 2013.
4: 2018, nine years after projection, production forecast of 125 000 is accurate, confirming serious implications.
AngloGold Moving On
This Business Day report, dated October 28, 2019, typically blames the South African people and Government blame for moving on.
It makes no mention of the 2009 projections and the 2018 production level.
Let us have a look at the impact of the ‘investors’ comments on the Gold Price, and the Rand Exchange:
The Gold Price decreases by 1,59% from the announcement to Nov 15, unusual, in terms of potential production drop, the price should have increased.
The Rand exchange rate depreciates by 1,08% , yet the Rand Gold Price only decreases by 0,56%.
The Citizens pay, the Latipac, will play.
Cedric de la Harpe
Cedric is available to consult with all interested structures and communities, please email him of safari@tasteofafric.co.za
For the individual who would like to experience the basis of the knowledge that has become his Human Dictate philosophy, please join us for a visit to Soweto or Alexandra; where you will get greater understanding and get closer to the Human Dictate.
Cedric and Nettie de la Harpe