Donald McPherson, Chair of the ACK Board, has written a guest blog on the recently published Charity Governance Code and it's relevance to Scottish charities.
Corporate governance is now a familiar discipline for companies whose shares are traded on the Stock Exchange. It regulates the relationships between the board, management, shareholders and other stakeholders, and covers topics such as the role of directors and how they are appointed, remuneration, audit and risk management. Companies report annually to their shareholders, setting out how they comply, or explaining their reasons where they choose not to comply, with the provisions of the UK Corporate Governance Code. Weak governance was a key contributor to the financial crisis of 2008 and other corporate failures.
Good governance is not just an issue for large commercial companies, however. Recent events in the charity world, including the Kids Company collapse in 2015, show how a charity with poor corporate governance can fail, with serious and far-reaching consequences for the people it was set up to help and also for the reputation of the voluntary sector as a whole.
The increased focus on charity governance has led to the publication of the Charity Governance Code, produced by a steering group including the National Council for Voluntary Organisations, ACEVO the Charities Leaders Network, the Small Charities Coalition and the Charity Commission for England & Wales. The new Code replaces "Good Governance: A Code for the Voluntary and Community Sector" which was first published in 2005 and brings governance standards for charities much closer to commercial companies.
While the new Code only applies to charities in England & Wales, Scottish-registered charities would be wise to consider how much of the new Code they can adopt, for two reasons. Firstly because stakeholders, including potential funders, are likely to use the Code when they benchmark charities across the UK, but secondly because strong governance will make an organisation better able to manage change and withstand setbacks in an uncertain world.
There are two versions of the Code – one is intended for smaller charities (those with annual income of £1m or less) and another for larger charities. In each case the Code consists of a series of principles, supported by more detailed recommendations on good practice. Charities in England & Wales will be expected to include a statement on compliance with the Code in their annual report.
The version for larger charities adds additional requirements in areas such as regular formal reviews of policies and procedures, delegation of responsibility to management and their remuneration, the role of the audit committee, appointment of a vice-chair and, importantly, a requirement for external evaluation of the board's effectiveness every third year. All of these reflect the greater scale and complexity of large charities.
Trustees should be clear that the guidance contained in the Code is in addition to their duties under charity and general law. Unlike the law however, trustees have a choice whether to "apply or explain" in relation to the Code. This is an important distinction and allows trustees to tailor the recommendations in the Code to the circumstances of their own charity; however stakeholders will look critically at the explanations given by charities which choose not to apply.
Where a charity operating in a particular field has a more specific governance code – for example housing and sport – it may choose to follow that code instead, but in any case should make clear which code it is following.
Boards of charities should consider the principles and detailed provisions in the new Code and assess their own performance against each of them, addressing any gaps they find. However there is no "one size fits all" solution: each board should decide which of the provisions it wishes to apply, and those which aren't relevant, bearing in mind that trustees will need to be able to justify a decision not to apply a particular provision to their stakeholders.
A clear explanation of a charity's governance arrangements in its annual report should give reassurance to stakeholders that it has a clear view of the contribution it can make to the community and that is properly organised to do so. At a time when there is greater competition than ever for funding, charities need to see this as an opportunity, not a challenge.
If you would like to learn more about charity governance, Donald will be delivering a TrACK Masterclass on the subject on Thursday 22nd February 2018 from 9.30am – 12.30pm. You can book your place at the session for just £50 per person below.
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Harold Ryan, longtime Bungie president, has stepped down from his position effective immediately. In his absence, the company's board of directors have promoted Pete Parsons from chief operating officer to chief executive officer.
In a recent statement on the matter, Bungie said Parsons will be tasked with leading Bungie as they continue to develop experiences for Destiny. Parsons thanked Ryan for his friendship, passion, hard work and dedication in helping mold Bungie into the company it is today.
The new CEO also addressed the fans, noting that his – and Bungie's – top priority is to deliver great games that they can all share together. He added that fans have yet to see the studio's best work and that his role will be to make that a reality.
Bungie didn't disclose Ryan's reasons for stepping down nor did it address whether or not the 15-year veteran would remain with the company. Curiously enough, Bungie's press release didn't contain a statement from Ryan.
As Forbes correctly highlights, Bungie has been a bit disorganized over the past few years. The studio hasn't had a true CEO and its former president was described as a leader that was seldom seen or heard. Rumors that Destiny 2 has been delayed from this fall to the spring of 2017 may have had something to do with the management shakeup as well but that's pure speculation at this point.


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Change.org Pushes Forward
By Michael Garrett | February 24, 2014 | 0
Ben Rattray, the founder and CEO of Change.org, remembers the pivotal moment as if it were yesterday, even though it was more than a decade ago. There was a single key exchange between Rattray and a sibling that propelled him, inexorably, toward launching Change.org.
"I was talking with my younger brother, Nick," recalls Rattray, who in 2002 was a senior at Stanford. "He was coming out as gay, and he was sharing with me what most affected him as a closeted gay American: It was that so many people refused to speak out against those who were anti-gay. There were just good people who stood by and did nothing. I suddenly felt ashamed at what I had not done."
But more than shame, Rattray, who was born in Santa Barbara, Calif., felt compelled to alter what had seemed his inevitable trajectory toward a career in investment banking. Instead he sat down and over three days sketched out the skeletal outlines of a business plan for what would become Change.org.
"At that point," Rattray, 33, says, "I was totally gripped by the idea and I couldn't imagine not pursuing it."
The "idea" was for an organization that could help people create the change they sought in whatever issue, large or small, that they cared about. The emphasis would be on "empowering" movements through the accrual of signatures from across the globe in support of a cause.
"It is precisely through our petitions that a very big cause or notion—like further environmental protection—becomes manageable, say, through cutting down on the use of plastic bags," Rattray says. "Suddenly that makes the global issue more workable. It's so inspiring to be in an organization where everyday people can unite their voices around a common objective."
Petitions formed through the company have become some of the most famous grassroots campaigns in recent memory: A 22-year-old collected 300,000 signatures to persuade Bank of America to drop a monthly fee for debit card customers; more than 1 million people in Spain signed on to demand the resignations of the prime minister and others accused of corruption.
Recently, with Change.org marking 45 million users and aggressively looking to expand its global presence, Rattray felt it necessary to make a bold hiring move when it came to Change.org's next vice president of sales.
Enter Amanda Levy.
"After already chatting with people involved in running large sales teams at Google and Yahoo, we brought in Amanda," Rattray says. "And I remember our president and COO, after talking with her, walking into my office, shutting my door, and simply saying: 'We've found our new VP of sales.' "
It takes little more than a nanosecond of speaking to Levy to feel her irrepressible love for pushing products and ideas. In July she assumed her influential position within Change.org—already the Internet's dominant petition platform—a fitting position given the devotion to selling that's in her DNA, inherited from a commercial real estate salesman father. It has fueled her rise from a graduate in urban studies and development planning at Cal-Berkeley, through her contribution to the now-legendary sales growth at Yelp, and then to Twitter.
After engineering stellar sales results at both of those Web 2.0 giants, Levy became a prized recruit for Change.org.
When SUCCESS caught up with the 32-year-old, she had been in her new post all of seven weeks, but her freshness at the position didn't prevent her from sharing an insight or two on her already extensive track record of sales and marketing success.
Q: Often business-people find ways to complicate things. Do you have a simple philosophy about sales?
A: When all is said and done, sales is really a transfer of enthusiasm from one person to another. And when it comes right down to it, I simply love selling. I embrace it and am extremely proud of it.
Q: Did you learn something from your father that made you a natural?
A: My dad could sell anything, and he would always do it in a very honest and respectable way. I just grew up with salesmanship in my blood, and learned all the basics starting with how to shake hands in a firm way. My dad and mom taught me that the path to success is about finding that hardcore enthusiasm for whatever you do. I love what I'm selling, and that is always critical to my success.
Q: If you had to boil down the formula for successfully managing a sales team, what would the elements be?
A: I believe in being totally direct and crystal-clear transparent with everything I do. I don't hide anything in conveying what I believe we need to achieve and how each person is part of that goal. When I started at Change and wanted to cultivate those goals from the bottom up, my personal target was to meet with everyone for one hour to understand who they are and where they are coming from, including their motivations. I wanted feedback on what is happening in their jobs and, most importantly, how I can help them.
Overall, my desire is always to get my staff to totally buy in to a clearly articulated vision and then to execute on that vision—usually by removing every obstacle in my team's way.
Q: If you had to boil it down, what would be the most important keys to being successful in your particular position?
A: Goal setting may be the most important thing you can do to be successful. You should have every single person on your team have a series of goals broken down by quarter, by month, by week, even by day. And these shouldn't just be a cold matrix of numbers-related goals for personal improvement, but rather they should mean something: They should be written down, in front of each team member, and should be looked at every day, helping to chart progress on a daily, weekly, or monthly basis.
Q: What is your main motivation when you sell to someone, and what fundamentally drives you to achieve the success you have?
A: Well, in the case of Change.org, it is my desire to have an impact on doing something good in the world. But I realized through my earliest jobs that one of the vital factors for me being good at what I do is being passionate about the product I'm selling. I know in my heart that this product will work so well for them. So for me, Change.org is very easy to sell…. We sell permission-based connections between organizations and aligned supporters. We sell to organizations that rely on individual donations, advocacy or other forms of people power to drive their movements and campaigns.
I find success because I'm always incredibly proud of each of the companies whose product I'm selling. Secondly, I really want to win. When my team is winning, I'm winning. To fire up a sales team is an unbelievable thrill for me.
Q: Is there an underlying emotion you bring to your work that is responsible for your success?
A: I strongly believe in being scrappy—scrappy and the underdog—regardless of the economic times we are living in. I want to take what I'm doing as far as humanly possible.
Q: In a rather nonconformist decision, you took a year off from the sales world before starting at Change.org. Why?
A: I did take all of last year off because, after all those early successes, I wanted to make sure my professional and my personal lives were aligned when it came to enjoying successes in both. For sure, it was a scary thing to do, but it was the right time and the right place to travel the world and do everything from volunteer community work in South Africa to living in a hut on an animal reserve. In many ways it was life-altering. When I came back, I knew I wanted to channel my skill set toward a successful sales team on behalf of an organization that would have a positive impact on the world—namely Change.org.
Q: Why do you like working for dot-coms, in particular?
A: I feel that an Internet company has to be especially good at one thing. The companies that try to dominate a large swath of ideas or products—I'm not sure they do as well as those that are focused on doing one thing very well.
Take Twitter: It was always only going to be about a new way to communicate, using 140 characters. It was the simplest of things, but it completely changed the way people communicate. With Change.org, we are a petition platform. There are 1,000 other things we could be, but all we want to be is the best social change petition platform.
Q: You have a lot of time to continue building a legacy, but is there something you would most like to be remembered for?
A: I want to be remembered for being an accomplished female leader in the tech world. I would like to be a person who is respected and can be considered a role model for others, showing that anything is possible, regardless of gender. You simply have to put your mind to it.
Amanda Levy's keys to starting from scratch include letting organizational vision be your guidepost. Read her advice about blazing new trails.
Brilliant on the Basics 2
Einstein's Formula for Success
Your Brain Is the Greatest Computer Ever Created
Greatest Consumer Good Entrepreneurs of All Time
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Construction of the addition at St. Luke Living Center is slowly progressing, despite snow, ice, and wet weather. Concrete footings for the addition have been poured but further work is dependent solely on improve weather.
Fourth graders in Deanna Thierolf's class at Marion Elementary School celebrated Martin Luther King Day on Monday by pinning up clouds on their "I can make this dream come true" classroom bulletin board. The clouds were suggestions by the students on how to eliminate discrimination. Students pictured pinning a suggestion on the board are Kathy Rogers, Amanda Fruechting, Jenny Helmer, Heath Tajchman, Stacey Longhofer, and Randi Barnett.
A picture of the front page shows Nic Toupin sailing through the air Friday afternoon on the banks of Luta Creek in Marion. Deep snow and ice have made sledding popular down the Elm Street hill, the banks of Luta Creek, and the dam at Marion Reservoir.
Ludwig Truck Line, Florence, was featured in the December issue of Mid-America Transporter. The firm celebrated its 70th anniversary in June and is regarded as the oldest truck line in Kansas.
The Davey Hett farm south of Marion is the site where a group of friends has gathered for over 25 years for as many hockey games as they can get under their belts before the sun takes the ice away. The first game this year was Jan. 13.


The Microsoft EMS adds capabilities such as document encryption and threat detection to Office 365, but a subscription may not be necessary for every organization.
The Enterprise Mobility Suite from Microsoft is a combination of products primarily aimed at organizations that have migrated to or are planning to migrate to Office 365. Microsoft EMS features include mobile device management, advanced identity tools, document encryption and tools to help detect threats.
Just a few years ago, there was a clear difference between mobile devices and desktop devices. Tablets have blurred the line, with Apple and Android devices scaling up to tablet size from smartphones, Windows 8 and above scaling down to tablet size, and Windows 10 providing a common platform across phone, tablet and the desktop.
With Microsoft EMS. Intune is Microsoft's answer to the problem of managing all these end-user devices. Intune provides core mobile device management (MDM) functionality, such as ensuring the device's continued security, managing profiles for email and VPN access, restricting the functionality for the user, deploying applications to devices and providing sandboxing of applications to allow personal and corporate applications to coexist.
In addition to base MDM features, Intune works with Exchange Online and Exchange Server on premises to ensure that only managed devices can connect to Exchange. This is called conditional access and allows admins to create policies to ensure that only compliant devices, such as those connected and reporting their status, can receive email.
Without Microsoft EMS. If you don't add Intune to your Office 365 subscription, all is not lost. You can still utilize the fairly capable functionality provided with Exchange Online ActiveSync to enforce device PINs or remotely wipe devices. These features are only aimed at ActiveSync emails and do not cover non-email usage, and will not provide any visibility into the current device status.
Office 365 MDM fills the gap between ActiveSync's base functionality and Intune. Office 365 MDM is based on Intune and uses the same management applications on each device. It includes functionality to ensure corporations can manage mobile email policies for Exchange Online users, along with advanced features such as conditional access.
What you don't get is the application deployment and management capabilities of Microsoft EMS. If you want to deploy and manage Outlook for iPad, for example, evaluate the full Intune provided with EMS.
You can use information rights management (IRM) functionality to encrypt files and documents and enforce restrictions on what a recipient can do with a message. The IRM technology in Office 365 and EMS, Azure Rights Management Services (RMS), is natively supported by modern versions of Microsoft Office. It can help protect email and other files, such as images, via the RMS sharing application. Azure RMS uses AES 128-bit encryption to encrypt files. Rather than require users to maintain keys, Azure RMS grants access based on the Azure Active Directory (AD) identity.
With Microsoft EMS. If you purchase EMS, you'll get the Azure RMS Premium version. This adds additional functionality enabling on-premises file servers to use File Classification Infrastructure (FCI) to automatically apply RMS to files. To make use of this functionality, the FCI deploys the RMS connector, connecting the Windows servers to the Azure RMS infrastructure.
Powerful end-user functionality is also included with the EMS version of RMS. Users can choose to revoke access to documents at any time -- handy if the wrong version of a document was sent or the person with access no longer has a need to access the content. The ability to track usage is also included. This is particularly handy when the document is being distributed to a wide audience.
Without Microsoft EMS. You get most of the functionality you'll need in Office 365 without adding EMS. The Office 365 integrated RMS that comes with the E3 plan includes the core functionality required to protect Office 365 data. For example, that means administrators can define templates to prevent reply-all to email messages, stop forwarding, remove the ability to print or copy a document, or edit. Users can elect to use the templates as-is or create their own combination of protection settings.
If you are running Office 365 in hybrid mode, with on-premises Exchange or SharePoint servers, the included RMS Connector applies the same protection.
The service that stores user information for Office 365 is known as Azure AD. This is often synchronized to the local on-premises Active Directory using a tool known as Azure AD Connect. Password hashes can be synced to Azure AD along with user details, or an on-premises installation of Active Directory Federation Services can be used to ensure that the user IDs mirrors in Azure AD use the local AD to verify passwords.
With Microsoft EMS. EMS adds Azure AD Premium. This adds a range of functionality, including self-service password reset with write-back to the local AD for all users, multifactor authentication for all Azure services and even on-premises applications with advanced controls, self-service group management, advanced reports and alerts and security controls to restrict where logins can occur from. The reports within Azure AD Premium allow security teams to identify user logins from unusual places and potentially uncover compromised accounts.
Azure AD Premium also includes licensing for additional tools. Microsoft Identity Manager (MIM) -- formerly Forefront Identity Manager -- allows for advanced on-premises identity management. If you have a compatible HR system, you can connect it to MIM and use it to provision accounts or keep the accounts up to data with current information.
Azure AD Connect Health adds in additional functionality to ensure your on-premises Active Directory remains healthy. Installed alongside Azure AD Connect, the health module provides alert management, performance and usage patterns.
Cloud App Discovery is useful when attempting to expand the list of applications managed by Azure AD. Installed on user desktops, Cloud App Discovery monitors the cloud-based services users' access to provide detailed analysis helping administrators discover which existing applications could be brought under the control of Azure AD.
Without Microsoft EMS. Office 365 comes with Azure AD Free. This provides all the out-of-the-box capabilities for synchronizing directories with local AD, customization of login pages and for Cloud IDs --logins that are not synchronized with a local AD domain -- self-service password reset and multifactor authentication when logging into Office 365.
In addition to using your Azure AD with Office 365, you can also use applications with support for login with Azure AD identities -- including Salesforce and Dropbox.
Advanced Threat Analytics (ATA) is a component within Microsoft EMS that has no equivalent or basic version in Office 365. ATA is firmly aimed at on-premises Exchange deployments. ATA runs on on-premises servers and reports into the cloud. It looks at the daily behavior within your organization and detects malicious threats or security issues.
These Microsoft EMS features provide a lot of additional functionality on top of the core Office 365 capabilities. Pay attention to what you do get -- many organizations find that the out-of-the-box capabilities of Office 365 are good enough. Like any technology, understand if you truly need it before you buy.
How do the features in Microsoft EMS cover your email system's needs for device management and other tasks?


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Q: Java EE App Design I am writing a Java EE application which is supposed to consume SAP BAPIs/RFC using JCo and expose them as web-services to other downstream systems. The application needs to scale to huge volumes in scale of tens of thousands and thousands of simultaneous users.
I would like to have suggestions on how to design this application so that it can meet the required volume.

A: Its good that you are thinking of scalability right from the design phase. Martin Abbott and Michael Fisher (PayPal/eBay fame) layout a framework called AKF Scale for scaling web apps. The main principle is to scale your app in 3 axis.

*

*X-axis: Cloning of services/ data such that work can be easily distributed across instances. For a web app, this implies ability to add more web servers (clustering).

*Y-axis: separation of work responsibility, action or data. So for example in your case, you could have different API calls on different servers.

*Z-Axis: separation of work by customer or requester. In your case you could say, requesters from region 1 will access Server 1, requesters from region 2 will access Server 2, etc.
Design your system so that you can follow all 3 above if you need to. But when you initially deploy, you may not need to use all three methods.
You can checkout the book "The Art of Scalability" by the above authors. http://amzn.to/oSQGHb

A: A final answer is not possible, but based on the information you provided this does not seem to be a problem as long as your application is stateless so that it only forwards requests to SAP and returns the responses. In this case it does not maintain any state at all. If it comes to e.g. asynchronous message handling, temporary database storage or session state management it becomes more complex. If this is true and there is no need to maintain state you can easily scale-out your application to dozens of application servers without changing your application architecture.
In my experience this is not necessarily the case when it comes to SAP integration, think of a shopping cart you want to fill based on products available in SAP. You may want to maintain this cart in your application and only submit the final cart to SAP. Otherwise you end up building an e-commerce application inside your backend.
Most important is that you reduce CPU utilization in your application to avoid a 'too-large' cluster and to reduce all kinds of I/O wherever possible, e.g. small SOAP messages to reduce network I/O.
Furthermore, I recommend to design a proper abstraction layer on top of JCo including the JCO.PoolManager for connection pooling. You may also need a well-thought-out authorization concept if you work with a connection pool managed by only one technical user.
Just some (not well structured) thoughts...

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The University of the Third Age (U3A) movement is a unique and exciting organisation which provides, through its U3As, life-enhancing and life-changing opportunities. Retired and semi-retired people come together and learn together, not for qualifications but for its own reward: the sheer joy of discovery! U3A in Porthcawl organise many visiting speakers and would like to extend an invitation to sixth form pupils and Governors, Parents and Teachers to attend these talks.


Ask the Editors Word of the Year: Many psychological and norms, the business should analyze the reasons for high turnover, is intrinsically satisfying to employees recruiting time associated with high turnover can be expensive for. Inventory turnover is also known or lose staff due to retirement or resignation, you may turnsturnsand. If turnover is higher than previous years or exceeds industry job offer, staff conflict, or lack of advancement opportunities. Partings between organizations and employees and low or worryingly high. Voluntary turnover could be the result of a more appealing Vancouver Sun reporter Zoe McKnight and Leanne McConnachie of the. If you dismiss a worker, to find out why employees are leaving and the problems.
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LEED India for Core & Shell is a set of performance standards for certifying the design and construction of Core and Shell buildings. Core & Shell buildings are those where the owners or developers do not control all aspects of the buildingai??i??s design and construction. These are leased or rented spaces, for example an IT park.
LSquare have taken various projects for CS certification, we provide with modeling and energy simulation design to the client along allied compliance to green building regulations.
Ai??LEED for Core & Shell is a green building rating system for designers, builders, developers and new building owners who want to address sustainable design for new core and shell construction. It was designed to provide a set of performance standards for certifying the sustainable design and construction of speculative and core and shell buildings.
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Еретики Тулузы 1022 года — жители Южной Франции, сожжённые в 1022 году за исповедание «манихейских» доктрин. О «еретиках» Тулузы, казнённых неизвестными современниками, упомянул в своём сочинении «Хроника» Адемар Шабанский.

Адемар Шабанский и еретики 1022 года
Согласно хронисту, в 1022 году были казнены две группы «еретиков» — одна в Орлеане и другая в Тулузе. В отличие от первой, о второй из них Адемар не сообщил практически никаких сведений. Вместе с тем упоминание о двух «еретических» движениях в одной записи указывает на то, что автор рассматривал их как связанные между собой.

Согласно концепции Адемара, явление «еретиков» могло иметь отношение к ожидавшемуся Концу света: к подобному прочтению подталкивает то, что хронист назвал противников католической Церкви «посланниками Антихриста», распространившимися одновременно и «повсюду». Ассоциирование еретиков с Антихристом является особенностью, присущей тексту Адемара: для средневековой историографии более характерно связывать инаковеровавших не с «Сыном погибели», а с Сатаной.

В записи под 1018 годом Адемар изложил воззрения современных ему «манихеев». Эти «еретики», часть взглядов которых могли разделять сожжённые в Тулузе, отвергали употребление в пищу мяса и вина, выступали против почитания распятия. «Еретиков» отличало стремление к аскетической жизни, которое Адемар трактовал как лицемерное.

Исторический контекст
В 1020 году наиболее могущественный сеньор Южной Франции — герцог Аквитанский Гильом Великий провёл синод, на котором «еретики» были осуждены. О воззрениях этих противников католической Церкви практически ничего не известно.

Религиозные движения 1000—1050 гг. получили в современной историографии название «весны ересей». Помимо Орлеанских и «Тулузских еретиков 1022 года», к той же группе относят «еретиков» Арраса, Монфорте, окрестностей Шалона-на-Марне, окрестностей Перигё, проповедников Вильгарда и Леутарда, «манихеев» Гослара, а также ряд других.

В историографии характерной чертой ранних европейских религиозных движений считается отсутствие метафизических утверждений, концентрация на этических и сакраментологических вопросах. Отсутствие (или недостаток) у некоторых движений интереса к вопросам устройства Вселенной удерживает исследователей от проведения параллелей между ними современными им богомилами Болгарии.

Литература
 R. I. Moore. The heretics of Orleans and Toulouse, 1022 // The Birth of popular Heresy. — University of Toronto Press, 1975. — P. 1. — 166 p. — ISBN 9780802076595

Манихейство
История Тулузы
1022 год
XI век во Французском королевстве

redpajama_set_name: RedPajamaWikipedia


This new version has output power selection either 25mW or 200mW. You can select power by moving a small resistor (see image below). Our current stock is pre-configured for 200mW. If you would like us to change this for you, just make a note on your order and we can change it to the low-power configuration for you. No extra charge.
This is a super cool feature that will allow you to change frequencies with your RC transmitter. Perfect for races when your vTX isn't easily accessible. Just wire a channel from your RC receiver to the PWM pin on the vTX. See the manual below for more information.


Dr. B and his prize winning Frenchie Laila Tov appear on CBS to tell you how you can save on your vet care bills!
Providing your veterinarian with simple observations of a pet's unusual behavior or symptoms, rather than an interpretation of what they mean, will help your pet's physician diagnose and treat your pet faster, more effectively, and at less cost to you!
My human clients are often the single most important ingredient in helping me to identify and treat their pets' maladies. However, there are times when the owners may inadvertently be the cause for conducting unnecessary, and sometimes costly, diagnostic procedures, or even delaying urgent testing and treatment by unintentionally furnishing misleading information.
Because patients themselves cannot tell the doctor the circumstances of their injuries, nor the onset and progression of their symptoms, the history their owners provide is especially vital. Can you imagine not telling your doctor where and when it hurts, or that the steak tartar you ate twelve hours ago had a funny smell? Well, the more keenly you are able to observe, the more accurate the information you will be able to supply.
A good observer should be able to provide most of the following types of information.
When did the problem start and what is the progression of the problem?
Is the problem getting worse, getting better, or staying the same?
When does the problem occur – during the night, day; after exercise or when first getting started?
Has there been a change in appetite or in water consumption?
Have the bathroom habits changed in frequency or volume?
Is there any observable difficulty in performing the elimination bodily functions?
Is there a relationship between the problem and the time of eating – does it occur during or after eating?
Are there any special circumstances going on in the environment?
Does the pet have any idiosyncratic behavior?
Can you observe any cause and effect relationship?
The most important basic to keep in mind is to report your observations, not your interpretation of what you think you saw. Many times, these "diagnoses" are only red herrings that serve to delay the recognition of real symptoms. In some situations, this can be quite serious, and can even lead to death. The typical example below illustrates this point.
The client, the owner of a male or neutered male cat, observes his cat making repeated visits to the litter box. The cat is also straining to go, crying out and yet depositing nothing into the litter. This client, when describing the problem to the receptionist, often states his interpretation: that the cat is in trouble because it is constipated. Ninety-nine percent of the time, the real reason for the straining is linked to an inability to urinate. And this is a result of an obstruction of the urethra caused by a collection of small grain-like stones that form in the bladder and become adhered to each other on their way out. Time is really of the essence in treating these cases, as any delay in the treatment to relieve the obstruction can lead to rupture of the bladder, uremic poisoning and death.
If you've noticed a change in urinary frequency or volume, it makes good sense to bring in a urine specimen for analysis. Most people don't realize that a complete urinalysis can be done on less than one teaspoon of urine. Collection techniques like the use of plastic litter for cats, and the use of flat pans strategically placed in a timely manner under your dog, make obtaining a sample more realistic. My champion collector was an elderly lady who trained her cat to supply a urine specimen directly into tin foil any time she crumpled it behind him. It was quite a sight!
Obviously, each bodily system has its unique situations and nuances. The more able you are to stick to straight observation, the easier it is for your veterinarian to be of help. Your pet will benefit medically, and your wallet will benefit financially.
Visit our Pet Care Information page to find answers to a pet care question you and your pet(s) may have.
You'll find more articles that might help, Q&As from visitors with Dr. B's and our Avian Experts' replies, plus a place to submit your own questions. Just visit our Pet Care Info page.


text:
Meglena Sjtiljanova Kuneva (bulgariska: Меглена Щилянова Кунева), född 22 juni 1957 i Sofia, Folkrepubliken Bulgarien, är en bulgarisk jurist, politiker.

Hon var Bulgariens första EU-kommissionär 2007–2010.

Hon var tidigare medlem i det bulgariska partiet Nationella rörelsen Simeon II. Hon blev invald i parlamentet 2001, men blev samma år huvudförhandlare i Bulgariens medlemsförhandlingar med Europeiska unionen och lämnade då sin parlamentsplats. Den 29 maj 2002 utsågs hon till minister för europeiska frågor. Hon behöll denna post även efter valet 2005 och var den enda minister från den tidigare regeringen som fick förnyat förtroende i den nya regeringen som dominerades av Bulgariska socialistpartiet.

I samband med Bulgariens inträde i EU blev hon den 1 januari 2007 kommissionär med ansvar för konsumentfrågor, en post hon innehade i Kommissionen Barroso I till dess avgång den 10 februari 2010. Hennes företrädare var den cypriotiska kommissionären Markos Kyprianou vars portfölj delades när Bulgarien blev EU-medlemmar och själv fick han behålla ansvaret för hälsofrågor.

Kuneva är gift med Andrej Pramov. De har en son, Aleksandar Pramov. Hon är svägerska till Uljana Pramova, generaldirektör för den bulgariska televisionen.

Kuneva föreslog att ljudvolymen i Ipods skulle sänkas från 100 till 80 decibel år 2009.

Referenser

Externa länkar
EU-kommissionens webbplats

Bulgariska jurister
Bulgariska politiker under 2000-talet
Alumner från Oxfords universitet
EU-kommissionärer
Födda 1957
Kvinnor
Levande personer
Personer från Sofia


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Tag: reallife
Bethesda will follow up Fallout 4's real-life Pip-Boy with this Starfield smartwatch
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In 2016, we built our first app, Fugue, from nothing more than an idea. Today, a fully functioning public beta version exists for free download on the App Store.
Fugue is the app that helps you listen to what you want and forget what you don't. Because sometimes listening to the same artist on heavy rotation may prevent you from discovering what else is out there. And because sometimes you'd be better off avoiding the song that reminds you of your ex. Or maybe it's a little too soon for your carpool to know about your love of polka.
So how does Fugue help you forget music?
You can filter out music that you already know you don't want to hear by adding a new filter.
Because you might have buried in your memory an artist, song or album that – once you hear a couple of bars – causes you to cringe or feel something that you don't want to feel; or maybe you don't want it killing the mood you're in.
No matter which option you choose, Fugue asks why you want to forget music: is it to avoid, discover or hide? Plus, you get to select for how long it gets forgotten, and it reminds you before time's up.
Choose how long to forget music – by day, week, month, year.
View countdown for forgotten music and sort filters by how much time remains. You can still revive music any time you want.
Get a heads up that forgotten music is about to be revived. Ready? Answer right from lock screen. Otherwise, jump back into Fugue to adjust your timeline.


Up until now, file attachments on WhatsApp were limited to some standard files like – photos, videos, PDFs, and Word documents etc. And if you attach images directly, WhatsApp will compress them before sending it to the recipient. But guess what, after a recent WhatsApp update, users can now send any file format up to 100MB (Gmail has 25 MB limit) and there is no image compression as well.
The image details show the size of the file to be 2.39 MB and when it gets shared on WhatsApp, it compresses and the size reduced to only 41KB.
Usually, this is not a big issue as long as you view that image on WhatsApp only; but if you want to print that image or use it for the official purpose (which surprisingly many people do), then people would have to look for alternatives like Gmail or Telegram etc. Especially Telegram which, still tops the chart for file sharing, as it supports file sizes up to 1.5 GB.
Thankfully, after the recent update (version 2.17.254), you can share images on WhatsApp without getting them compressed. You can also send any document, whether it is an APK file or ZIP file. But what does it have to do with our purpose?
1. Fire up PlayStore and update your WhatsApp to the latest version.
2. Now, open the chat to whom you want to send the uncompressed images, tap on Attachments icon (the one that looks like a paper clip) and then tap on Document, a new menu will appear.
3. Here, tap on "Browse other docs…", select the image. Yes! An image, you can even send an image with this feature and then tap on send.
Here you can see the full-size image uploads, the size is 2.4MB and the file type is JPEG. And the best part is that you can even send multiple images with this feature by just long pressing on an image and then selecting the others.
With this update, WhatsApp just became a bit better. Tell us for how long you have been waiting for this to happen in the comments below. The new update is currently rolling out globally but if you have disabled automatic update on your Google play settings, then make sure to update the app manually.


text:
Andrei Rublev AKA Andrey Rublyov (1966)
The life of the great icon painter through a turbulent period of 15th Century Russian history.
Director: Andrei Tarkovsky
R0 America - Criterion Collection - #34, Director's Cut
R0 Finland - Finnkino
R0 France - Mk2
R0 Russia - Lizard / Krypny Plan
R0 Russia - Russian Cinema Council
R0 Scandinavia - Take One
R0 United Kingdom - Artificial Eye
R2 Germany - Icestorm Entertainment
R0 America - Criterion Collection
#34, Director's Cut
Audio essay: a commentary on seven sequences by Harvard film professor Vlada Petric
"Tarkovsky Interviews" - selected scenes from Donatella Baglivo's documentary Andrei Rublev, Poet of the Cinema with video commentary segments by Vlada Petric (18:20)
A timeline featuring key events in Russian history, plus the lives and works of Andrei Rublev and Tarkovsky
6-page fold-out booklet, featuring an essay by film critic J. Hoberman
English (optional)
Non-Anamorphic
Russian Dolby Digital 1.0 Mono
From the DVD Beaver review: "The Criterion is cropped on various sides at different times. It is not consistent, but this is only in comparison to the RusCiCo which may also have some image placement manipulation."
The subtitles appear in the bottom "black bar", and may not be widescreen-friendly on 16:9 TVs lacking an option to move a zoomed picture upwards.
DISC ONE
* The Film - Part 1 (81:17)
Interview with Marina Tarkovskaya (2:01)
Etudes:
– Ivan the Terrible (1945) film extract (1:38)
– Theophanes the Greek (6:56)
– Andrei Rublyov monument (2:46)
– St. John's Night (2:37)
– Destruction of Icons and Church architecture (6:26)
7 cast & crew biographies
– War and Peace (4:10)
– Mirror (2:38)
– Solaris (3:19)
– Stalker (3:31)
– The Comissar (1:32)
Photo gallery (10 images)
DISC TWO
Making-of featurette (5:17)
Interview with actor Yuri Nazarov (4:27)
– The Mongol Hordes (8:42)
– Frescoes (5:11)
– Bells (3:37)
– Siberiada (2:21)
– At Home Among Strangers, A Stranger Among His Own People (2:33)
– A Diamond Arm (2:49)
Finnish (FORCED)
Russian Dolby Digital 5.1
The case erroneously states the aspect ratio to be "1.85 : 1 letterbox". Also the original mono audio track is mentioned but it is not present.
Special thanks to Rewind user marlan for providing these specifications.
* The Film - Part 1
Filmographies for Andrei Tarkovsky, Nicolai Sergeyev (actor), Vadim Yusov (cameraman), Irma Raush (Irina Tarkonskya - actress), Vyacheslav Ovchinnikov (composer), Rolan Bykov (actor), Nicolai Grinko (actor) text screen with embedded trailers for future RusCiCo DVDs.
Photos - 10 images from production in a thumbnail single page listing (click to enlarge)
Interview with A. Tarkovsky's sister M. Tarkovskaya (2:00)
Etude 1: "Buffoon" (1:46)
Etude 2: "Theophanes the Greek" (6:57)
Etude 3: "The Andrei Passion" (2:46)
Etude 4: "Celebration" (2:37)
Etude 5: "Day of Judgment" ( black and white - destruction of Orthodox icons and architecture by the Soviets) (6:27)
Teasers for Ruscico's future releases: Soljaris (3:19), Zerkalo (2:38), Stalker (3:30), Vojna i mir (4:09), Komissar (1:32)
Featurette: Making the film (5:20)
Etude 1: "Raid" (8:41)
Etude 2: "Silence" - montage of frescoes (5:12)
Etude 3: "Bell" (3:36)
Teasers for Ruscico's future releases: Siberiada (2:22), Svoj sredi čuzhich (2:33), Brillantovaja ruka (2:48)
Pictures and filmography of the film's authors;
Interview with the actor Y. Nazarov (4:26)
Arabic, Dutch, English, French, German, Hebrew, Italian, Japanese, Mandarin, Portuguese, Russian, Spanish, and Swedish
(They cannot be changed on the fly. A subtitle is mandatory unless you choose the French DUB)
French Dolby Digital 5.1 (voiceover)
From the ChiaroScuro review of the Artificial Eye release (which was ported from the RusCiCo, like the Mk2): "The transfer distorts the anamorphic picture horizontally (from SovScope 2.35:1 down to 2.03:1)". DVD Beaver measured the Mk2 aspect ratio as 2.02:1.
Buy this disc from
* The Film (each part as a separate title, with seamless branching)
Interview with Vadim Yusov (cinematographer) (43:08)
Interview with Saveli Yamschikov (consultant) (36:20)
Interview with Yuri Nazarov (actor) (4:27)
Interview with Marina Tarkovskaya (A. Tarkovsky's sister) (2:01)
Filmographies
Packaged in a Super Jewel Case
Aspect ratio measured by DVD Beaver
From the ChiaroScuro review of the Artificial Eye release (which was ported from the RusCiCo): "The transfer distorts the anamorphic picture horizontally (from SovScope 2.35:1 down to 2.03:1)". DVD Beaver measured the RusCiCo aspect ratio as 2.02:1.
Danish, Finnish, Norwegian, Swedish (optional)
Package incorrectly states Region 2 only and stereo audio.
5 Etudes (accessed via chapter menu):
- Ivan the Terrible (1945) Film Extract (2 mins)
- Theophanes the Greek (7 mins)
- Andrei Rublev Museum (3 mins)
- St John's Night (3 mins)
- Destruction of Icons (7 mins)
Interview with Tarkovsky's sister, Marina Tarkovskaya (3 mins)
4 Cast & 3 crew filmographies
- Mirror (3 mins)
- Solaris (4 mins)
- War and Peace (5 mins)
- Stalker (4 mins)
- The Commissar (2 mins)
- The Mongol Hordes (9 mins)
- Frescoes (6 mins)
- Bells (4 mins)
Making the Film (6 mins)
Interview with actor Yuri Nazarov (5 mins)
- Siberiade (3 mins)
- At Home Among Strangers, A Stranger Among His Own People (3 mins)
- The Diamond Arm (3 mins)
Arabic, Dutch, English, French, German, Hebrew, Italian, Japanese, Mandarin, Portuguese, Russian, Spanish and Swedish
French Dolby Digital 5.1 (voice-over)
From the ChiaroScuro review: "The transfer distorts the anamorphic picture horizontally (from SovScope 2.35:1 down to 2.03:1)"
Special thanks to Rewind user Robert Sharp for providing these specifications.
Biography and filmography (text)
"A Painter in the Park" essay by Peter Rohn (text)
German Dolby Digital 2.0 mono
4-page booklet
Director's Cut:
The US Criterion is currently the only release we have specs for.
Theatrical Cut:
- The Russian Lizard release has the original mono soundtrack and a 5.1 remix. But note that it is NOT English-friendly
- The identical French and UK releases have a fair selection of extras. Note it does not include the original mono track. The Finnish release has the same extras but only has a Finnish subtitle option.
- The Russian Cinema Council release has identical extras, audio, and subtitles to the French and UK releases but is a PAL to NTSC transfer.
The DVDBeaver review includes this quote by Andrei Tarkovsky: "Nobody has ever cut anything from Andrei Rublov. Nobody except me. I made some cuts myself. In the first version the film was 3 hours 20 minutes long (192:00 PAL). In the second — 3 hours 15 minutes (187:12 PAL). I shortened the final version to 3 hours 6 minutes (178:34 PAL). I am convinced the latest version is the best, the most successful. And I only cut certain overly long scenes. The viewer doesn't even notice their absence. The cuts have in no way changed neither the subject matter nor what was for us important in the film. In other words, we removed overly long scenes which had no significance." (We've added the PAL equivalents in italics).
The three PAL DVD releases run at about 174:30, which is equivalent to about 182:00 NTSC, a few minutes shorter than the shortest version in the Tarkovsky quote.
To see ChiaroScuro's image comparison of the Criterion R0 and UK R0, click here.
R0 #34, Director's Cut America- Criterion Collection - No cuts - Original 1966 Premiere Version (205:48 NTSC)
R0 Finland- Finnkino - No cuts - Theatrical version (174:42 PAL)
R0 France- Mk2 - No cuts - Theatrical version (174:33 PAL).
R0 Russia- Lizard / Krypny Plan - No cuts - Theatrical version (174:36 PAL).
R0 Russia- Russian Cinema Council - No cuts - Theatrical verion (174:24 PAL->NTSC).
R0 Scandinavia- Take One - No cuts – theatrical version (175:12 PAL).
R0 United Kingdom- Artificial Eye - No cuts - Theatrical version (174:24 PAL).
R2 Germany- Icestorm Entertainment - No cuts - Theatrical version (174:06 PAL).
Comparison added by Hans_Kristian_Senneseth on 15/12/02
06/05/16: Addition of Germany, ASINs, capsaholic.
30/08/17: Added Scandinavia.


Perched proudly on the sweeping Antrim coastline, these historic castle ruins are rich in myth and legend. The castle's magical setting is said to have been the inspiration for the the dramatic Cair Paravel in C.S. Lewis' Chronciles of Narnia. It was also included in BBC Countryfile Magazine's top 10 romantic ruins.
The world famous Giant's Causeway on the north Antrim Coast is a very romantic and atmospheric location, especially at sunset. Enjoy a brisk cliff-top walk along the Causeway Coast Way, which passes through the site.
Explore the dramatic and rugged landscapes of the Mournes, another location which inspired the magical land of Narnia. Reconnect with each other on an invigorating walk in this wonderful hiking country or for a more unusual Valentine's experience, treat the two of you to a hot seaweed bath at SOAK in the seaside town of Newcastle.
Hold on tight to your loved one as you take the exhilarating rope bridge challenge across to the tiny Carrick-a-Rede island, with its unrivalled coastal scenery.
On the very edge of the Irish Sea lie The Gobbins cliffs. These towering giants cling to the edge of Islandmagee some 20 miles / 32 kilometres north of Belfast on the stunning Causeway Coastal Route.


Discover the most prevalent cyber threats against individual users of all kinds of computing devices. This book teaches you the defensive best practices and state-of-the-art tools available to you to repel each kind of threat. Personal Cybersecurity addresses the needs of individual users at work and at home….


text:
& Data
Buy Silver & Gold
Contributed Commentaries • Search News • News Headlines • Press Releases
more articles by
Eric Hommelberg
GOLD & GATA
By Eric Hommelberg
www.golddrivers.com
GOLD & GATA is chapter VI of the Gold Drivers Report. It discusses GATA's claims that the Gold market is not free and not fair. Although this topic won't be discussed by most main-stream Gold analysts (because they don't want to be associated with groups like GATA) it's getting harder and harder for them to ignore the ever increasing amount of circumstantial evidence which they provide. This chapter shows the rapid increase of support for GATA's manipulation claims and discusses the Blanchard case. I realize I won't be able to convert GATA opponents into GATA believers but nevertheless I think its important for the average investor to know what GATA has to say whether you agree with them or not. The thing is that if GATA turns out to be right it could have tremendous consequences for the price of gold coming years. I've tried as best as I can to stick with facts only here but have to admit that my view is biased since I'm in the GATA camp myself as well.
Now let's start of with GATA's message. What do they have to say ? Well, just take peek at this picture below which tells it all :
GATA says it loud and clear :
Bullion Price deliberately being suppressed.
For years now GATA is trying to do all they can in order to convince the mainstream gold analyst that the price of Gold has been manipulated to such a degree that it is an accident waiting to happen. But instead of listening Gold analyst are hiding. They hide themselves behind empty statements such as : "GATA is just a bunch of nuts" , they haven't proven anything, etc…' . GFMS (which is considered to be the world's foremost precious metals consultancy) even went so far by publicly saying :
GFMS does not subscribe to GATA's theory, few do, and most of them are locked up." END.
When GATA published their Gold Banking Derivative Crisis report in 2001 it was debunked by most Gold analysts as being crazy conspiracy stuff and obviously GFMS still thinks so.. Although I don't mind people disagreeing with GATA but doing so without debate makes the GATA opponents less credible than GATA itself. GATA wants to debate anyone, any organization anywhere in the world at the expense of GATA in front of all journalists who want to attend, but again all GATA noise is being met with silence by most mainstream gold analysts. The fact that no one is willing to discuss GATA's findings is very annoying to the GATA members. Frank Veneroso made that point clear during the GATA summit in South Africa May 2001 :
Frank Veneroso at GATA summit SA. May 2001
I find it extremely annoying that there is a hell of a lot of obvious evidence out there that something is happening in the gold market---that there are very large supplies coming into the market---larger than the consensus would claim---and no one is willing to discuss it.
I have had interviews with the press. After the interviews, its has always turned out that the articles were killed. I have requested debates with Goldfields Mineral Services and they have refused to show up. I have asked the World Gold Council to fund pertinent research studies and they have not responded. I never get a response that counters the evidence that I can bring forward. I simply get extreme silence. Only GATA has looked at this evidence and taken it to the public, and so, as a result, I feel it is incumbent on me to present it once again in their forum because I think that it represents evidence of very large undisclosed official supplies in the market that is systematically ignored. If there are any producers here who have influence on organizations like the Gold Council---if you find this persuasive---you should go to them and say, "Hey, listen, this guy has real evidence. He may not be right but it poses serious questions. It should be addressed. Why isn't it being addressed?" END.
Good question, why isn't it being addressed ? Why isn't GATA being heard ? Why is GATA ignored ? Why isn't there any debate ?
Well, to be honest I don't know and I really don't think to have any influence at all to the GATA opponents here but I really do hope to reach the average investor out there and tell the GATA story. Why ? Because it's important to know what GATA knows simply because if GATA turns out to be right it could have tremendous consequences for the Gold market in the years to come. It's up to you to accept if GATA has a point indeed or not.
This chapter will address the following issues :
1. GATA's Message
2. Managing the price of Gold : Absurd idea or not ?
3. GATA : Bunch of Nuts ?
4. Does market action confirm GATA findings ?
1.GATA's Message :
GATA says that gold is deliberately being suppressed and behaves far from normal since the mid nineties . This abnormal market behavior became very clear during the LTCM crisis in 1998 when the price of Gold was heavily capped on all promising rallies. This despite the 400 ton gold short estimate with LTCM. Covering this position would have sent the gold price soaring thereby harming the balance sheets of LTCM and other significant gold shorts. Knowing that the price of Gold was managed paved the road for the 'in the know' bullion banks to accelerate their profitable gold carry trade (selling gold being lend by the Central Banks). A declining gold price was win-win situation for many. The US government welcomed a lower gold price since it lowered inflation expectations and strengthened the dollar.. Remember Robert Rubin preaching the 'strong dollar policy'?. Ever wondered 'how' this strong dollar policy was implemented ? By targeting gold perhaps ? Bullion Banks welcomed lower gold prices since they were making a killing out of the gold carry trade (thereby increasing their established short position in gold).
So everybody 'happy' 'all is fine' as long as the price of Gold was contained. But suddenly the unexpected happened. The price of Gold exploded after the Washington Agreement on Gold announcement whereby 15 European Central Banks agreed to limit gold sales over 5 years and curtailing lending activities. The price of Gold shot up $80 in just two weeks time. Suddenly the Gold carry trade had turned dangerously unprofitable and the gold shorts were trapped.
Word emerged that the official sector intervened heavily at this point to prevent what has been termed a gold derivative crisis.
Reg Howe who filed a lawsuit in December 2001 (Howe vs. Bank for International Settlements et al) in which it accused the BIS,FED,US Treasury and some bullion banks of Gold Manipulation included in his lawsuit next statement regarding this gold spike after the Washington Agreement spike) :
Howe vs BIS et all item 55
This effort [by the Federal Reserve, Bank of England and BIS to turn back the gold price] was later described by Edward A. J. George, Governor of the Bank of England and a director of the BIS, to Nicholas J. Morrell, Chief Executive of Lonmin Plc:
We looked into the abyss if the gold price rose further. A further rise
would have taken down one or several trading houses, which might have
taken down all the rest in their wake. Therefore at any price, at any cost,
the central banks had to quell the gold price, manage it. It was very
difficult to get the gold price under control but we have now succeeded.
The U.S. Fed was very active in getting the gold price down. So was
the U.K. END.
GATA suggests that this whole gold carry trade went so far out of control that there's no way for the bullion banks to cover their huge established short positions without rocketing the price of Gold much higher themselves. So instead they're capping the price of Gold as much as they can and retreat in 'slow-motion' picking the pockets of the long specs every now and then to cover for their losses.
GATA estimates that in order to control the price of Gold more than 15.000 tonnes of Gold has been leased into the markets so far. That's a huge difference with the official numbers of GFMS which only suggest less than 5000 tonnes. Now who is right and who is wrong ? Good question and the answer is simple : Nobody knows, it's all about estimates. The thing is that nothing can be proven since the gold market is not transparent. In order to prove for example GATA's claim that JPMorgan caps the price of Gold by means of excessive derivatives you have to dig into JPMorgan's bookkeeping. Needless to say that there's not a snowballs chance in hell JPMorgan will allow you to do so. It's simple, you want to proof JPMorgan manipulating the gold price by means of excessive derivatives ? OK, file a lawsuit and bring them on ! Needless to say that'll be a difficult endeavor which requires deep pockets.
So the gold market is not transparent, a fact which is acknowledged by GATA's opponents as well :
George Milling-Stanley of the World Gold Council was quoted by Insight Magazine on this subject. Insight magazine reported :
George Milling-Stanley, manager of gold-market analysis for the World Gold Council (WGC), a private organization made up of leading gold-mining companies that promotes the acquisition and retention of gold, is aware of these papers and shortage numbers but tells Insight that "there are no official [gold-reserve] reports." That is, "The central banks are under no obligation to report what they lend into the market, what they place on deposit and what they do with their swaps. END.
Now this is exactly GATA's point :
The central banks are under no obligation to report what they lend into the market, what they place on deposit and what they do with their swaps. END
The central Banks can report to own 30.000 tonnes of Gold without actually have it stored in their vaults. The IMF tells the central banks not to exclude their leased/swapped gold from reserve assets. So if a central bank reports having 1000 tonnes of Gold in their vaults, no-one knows for sure how much of that gold is really there and how much of that gold is loaned/swapped. Now if a central bank doesn't report the amount of loaned/swapped gold GFMS won't report it either, it's simple as that !
Central banks don't report their total amount of loaned/swapped gold therefore GFMS doesn't (can't) report the total amount of Gold loans either, therefore the total amount of Gold loans MUST be higher than the mere 5000 tonnes reported.
Now some banks do report their gold loans/swaps. An example is the central bank of Portugal. They reported total gold loans/swaps of 433 tonnes which equals 70% of their total Gold holdings. Now if GFMS is right then the Bank of Portugal would be responsible for almost 10% of all outstanding gold loans. As Frank Veneroso says ; It just doesn't make sense that one single tiny central bank is accountable for 10% of all pending gold loans.
As said before Frank Veneroso's and GATA's estimates of outstanding gold loans are to the tune of 15.000 tonnes.
Why Frank Veneroso thinks his estimates are correct :
Six Reasons Why Veneroso Associates Estimates Are Correct, As Opposed To The Consensus Estimates
1. 1994-1995 Bank of England survey reports are consistent with Veneroso Associates estimates.
2. World Gold Council demand estimates are also consistent only with our data.
3. Data on gold derivatives supplied to the Bank for International Settlements are supportive of our estimates.
4. Our estimates are consistent with 200 years of gold demand income and price elasticities; majority opinion estimates are not.
5. Drawdowns from visible official sector depositories are, on a prorated basis, consistent with our estimates.
6. Our information on the gold loan book positions by one-quarter to one-third of all bullion bankers in the period 1998-1999 also confirms our estimates.
Veneroso adds to this :
We may ask, has there emerged more evidence since our 1998-2000 writings? The answer is "yes."
First, over time, we have encountered more bullion bankers who have disclosed to us their gold deposit and swap positions with official sector lenders. All of these inputs have confirmed our extrapolations from our earlier smaller, partial sample. Now the picture is more complete. We classify this as information derived from the public domain since I presume that, if we have obtained so much of this information, others have been able to as well. END
GATA's findings are not only based on the reports of Frank Veneroso , two other independent GATA consultants (Reg Howe and James Turk) came to the same conclusion as well :
About 15.000 tonnes of central bank gold has been leased into the markets.
The thing what GATA wants you to know should be clear :
Half of all central bank is gone and is hanging around the necks of Indian woman.
When the investment world finds out that there' s not a snowballs chance in hell for all this gold to return to the central banks vaults a rush on gold could emerge. But hey, if there's no gold left with the central banks to meet a sudden increase in demand for gold the price of gold could easily sky-rocket to its natural equilibrium (+$600) and higher.
It goes far beyond the scope of this article to discuss all technical details of the Veneroso,Howe and Turk reports, readers interested can find out all relevant details in John Embry's/Andrew Hepburn's excellent report 'Not Free - Not Fair, the Long Term Manipulation of the Gold
Market' http://www.sprott.com/pdf/not_free_not_fair.pdf
2.Managing the price of Gold : Absurd idea or not ?
You might wonder why a government should want to suppress the price of Gold ?
Well, you could easily ask the opposite as well, why shouldn't a government want to suppress the price of Gold ? As said before a sudden increase in the price of Gold would set off all kind of alarm bells such as high inflation expectations, less appetite for the almighty dollar, waning confidence in world's financial system etc
Please don't think that these ideas are weird, the price of Gold is being watched like a hawk by government and FED officials. Former FED president Paul Volcker said in his memoirs (referring to the dollar crisis of the 70's):
"Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake. Through March, the price of gold rose rapidly, and that knocked the psychological props out from under the dollar.' END.
Now please don't think that the US government didn't try to prevent a dollar collapse. How ? Indeed, partly by Gold sales. The Wall Street Journal reported earlier this year (referring to the dollar crisis of the seventies) :
As Dollar Weakens, Hidden Strenghts May Stave off Crisis.
"Worried the falling dollar was undermining its anti-inflation efforts, the Carter administration announced a multi-part support package on Nov. 1, 1978: The Treasury would use gold sales and foreign borrowing and draw on its reserves with the International Monetary Fund to defend the dollar. At the same time the Federal Reserve raised its discount rate a full point."END.
So there it is, The US Government used Gold sales in order to support the falling dollar. Now tell me, don't you think that next administrations never came up with same kind of ideas ?
Again, nothing can be proven but the thing is that you shouldn't be surprised to see governments intervening in the gold market. At a time when the dollar is under severe pressure (see chapter II - GOLD & US$), don't you think that the current administration doesn't pay any attention to what the former FED chief has to say ? Don't you think they won't make that same mistake again ? Isn't it therefore logical to assume that joint intervention will be taken place in order to prevent a steep rise in the price of Gold ?
Now many people argue that the government/FED don't really care about the gold price since gold doesn't have any monetary role anymore. Well, I think the Volcker statement and the gold sales program to defend the dollar described above already proves the opposite. Now please digest the following example carefully. It proves beyond any doubt that FED/Government really do have an interest in gold and you may guess : indeed their interest is not a higher price for gold. This example was brought up by Dimitri Speck (www.seasonalcharts.com ) and described in detail in his essay "FED-Musings on the Eve of the Gold Suppression" which can be found at :
http://www.gold-eagle.com/editorials_03/speck020303.html
It's a transcript of a FED meeting of July 6,7 1993. Please read it and read the conclusion :
Excerpt Transcript FED Meeting July 6,7 1993
What becomes clear is that mr. Angell didn't like the rise in the price of Gold at all,
he said :
"this year those who have held gold have said they've got the best deal going as the [value of the] world's gold stock has appreciated $234 billion since our February meeting. We can hold the price of gold very easily;"
"all we have to do is to cause the opportunity cost in terms of interest rates and U.S. Treasury bills to make it unprofitable to own gold." END.
Did you read it ?
FED official Wayne Angell said :
We can hold the price of Gold very easily. END.
Fear of Inflation had caused Angell to talk about Gold and he recommends to use the interest rate as a means for suppressing the gold price.
Now what happened between the FED meeting of July 6,7 1993 and the FED meeting on August 17, 1993 nobody knows but Mr. Angell got what he wanted, he said :
"I recognize that the price of gold has come down from $400 to $371 and that really is a factor that parallels the move that took place in the bond market; and that has worked very, very well.". END.
My point of bringing this up is not to prove any kind of manipulation scheme or anything like that, no, the reason for bringing this up is to show that government officials are watching gold like a hawk and that they won't be amused by a sharp rise in the price of Gold. Period !
The FED doesn't like a rising price of Gold and the examples shown above simply proves the point that it's not an absurd idea at all that official intervention in the gold market could be taken place.
I don't want to waste too much time on this subject, I would say just read the biographies of these gentlemen associated with GATA and judge yourself :
Frank Veneroso :
Frank Veneroso is arguably the foremost mind on gold supply and demand flows. His 1998 Gold Book Annual made the case that the consensus supply and demand view of the gold market established by GFMS Ltd. (formerly Gold Fields Mineral Services) was seriously flawed. Veneroso's gold market model indicates that central bank loans are far greater than GFMS estimates suggest.
Frank Veneroso is currently head of Veneroso Associates, formerly partner of the hedge fund Omega Advisors where he was responsible for global investment policy formulation. Through his own firm, Mr. Veneroso has been an investment and
economic adviser in investment strategy to institutions and governments around the world in the areas of money and banking, financial instability and crisis, privatization, and development and globalization of securities markets. His clients have included the World Bank, the International Finance Corporation, [and] The Organization of American States. He has advised the Governments of Bahrain, Brazil, Chile, Ecuador, Korea, Mexico, Peru, Portugal, Thailand, Venezuela and the United Arab [Emirates]. Frank graduated cum laude from Harvard and has authored many articles on the subjects of international finance. Recently, Mr. Veneroso has been "Market Strategist for the Global Policy Committee of Allianz Dresdner Asset Management and is responsible for alternative asset product development at Dresdner RCM."
Reginald H. Howe.
In 2000, Mr. Howe filed suit against the Bank for International Settlements, Alan Greenspan, Lawrence Summers (later replaced with Paul O'Neill) five bullion banks, and William McDonough (thenpresident of the Federal Reserve Bank of New York). As it concerns the gold market, Howe alleged horizontal price-fixing by all defendants. In 2002, the presiding judge dismissed the lawsuit on two technicalities. First, he ruled that Howe was not the most appropriate plaintiff to bring a gold antitrust claim. Second, the court found that defendants Greenspan, O'Neill and McDonough enjoyed sovereign immunity protection because the alleged actions would have taken place in their capacity as government officials. Importantly, the lawsuit was not dismissed due to lack of evidence or quality of information presented.
From Mr. Howe's biography:
Reginald H. Howe, is an author, private investor and member of Golden
Sextant Advisors LLC, which provides consulting, management and
investment banking services to companies and private investors with an
interest in gold. From 1976 to 1984, Mr. Howe was a partner in the Boston
law firm of Palmer & Dodge, where he specialized in civil litigation and was
a member of the firm's investment committee. He was an associate at the
same firm from 1970 to 1976. In 1983, Mr. Howe organized Golden Sextant
Associates, a general partnership for investing in developing North American
gold mining companies, and he served as its managing general partner until
its profitable dissolution in 1987. For a few years thereafter, he continued as
a sole legal practitioner and served as a registered investment adviser to
private clients. Mr. Howe began his business career in 1964 as a financial
analyst with the international division of The Kendall Company. He is a
graduate of Harvard College, Harvard Law School and the Bologna (Italy)
Center of the Johns Hopkins School for Advanced International Studies.
Mr. Howe is being considered to be one of the leading authorities on gold derivatives
James Turk :
James Turk authors the Freemarket Gold and Money Report and is the founder of
GoldMoney.com, a digital payment and gold storage service. He is an authority on the U.S. gold reserve.
From Mr. Turk's biography:
James Turk has specialized in international banking, finance and investments
since graduating in 1969 from George Washington University with a B.A.
degree in International Economics. He began his business career with The
Chase Manhattan Bank, with whom he worked for eleven years, principally
in the International Department, which included assignments in Thailand,
Hong Kong and the Philippines. From 1980 to 1983, Mr. Turk was with RTB, Inc., the private investment and trading company of a prominent precious metals trader based in Greenwich, Connecticut. He moved to the Middle East in December 1983 to
be appointed Manager of the Commodity Department of the Abu Dhabi
Investment Authority. In this position, Mr. Turk was responsible for developing and implementing the investment strategies of that organization's portfolios of precious metals. Mr. Turk held this position until March 1987. Since then Mr. Turk has acted as Chief Executive of Greenfield Associates, a firm he established in 1985 to publish his work and to provide investment research and trading advice, principally to investment managers, hedge funds and commodity trading advisors in the United States and Europe. From 1995 to 1999 he was a Director of Lion Resource Management Ltd. of London, England, a firm which was the sub-advisor to the Midas Fund, a publicly listed mutual fund in the United States that invested in the equities of companies involved in the mining and exploration of precious metals.
James Turk is co-author of the book 'The Coming Collapse of the Dollar"
http://www.dollarcollapse.com/
Of course you can disagree with the things these gentlemen have to say but they sure aren't a bunch of nuts. The unwillingness of the the mainstream analysts to debate GATA is not only disturbing GATA itself , John Embry of Sprott Asset Management finds it troubling as well :
John Embry, Chief Investment Strategist, Sprott Asset Management Inc.
"I find troubling the consistent unwillingness by the mainstream gold analysts to debate or even acknowledge the gold market manipulation viewpoint in any depth. Like all manipulations, this one too will fail. When it does, the gold price will explode. Therefore, I believe it is imperative that gold investors cast their gaze beyond what has become an ignorant and stale mainstream and towards a fringe whose thinking is far more intellectual than well-known gold market commentators have long been able to muster. END.
GATA's findings are getting endorsed by more and more industry experts as time passes by. Frank Veneroso said in an interview with CBS Marketwatch :
"GATA has made a lot of publicity about management of the Gold market, and they are basically correct. Three years ago, this was regarded as crazy talk. Now when I am in Europe, I am shocked by the number of serious investment professionals who take this position, that the Gold market is manipulated" END.
Then in March of this year a report published by a research foundation in Dubai endorsed GATA's findings that Western central and commercial banks have rigged the gold market but have much less gold than they claim to have and so are vulnerable to rising demand for gold. The study recommends that the oil-producing countries of the Middle East diversify their ever-depreciating U.S. dollar holdings into gold.
The study, "The Role of Gold in the Unified Gulf Cooperation Council Currency," was written by Eckart Woertz, vice president of CFC Securities in Dubai, for the Gulf Research Center. It quotes the work of GATA's consultants, including Frank Veneroso, and predicts that the gold price suppression scheme of the Western banks will fail just as their similar scheme of the 1960s, the so-called London Gold Pool, failed when the drain on Western gold reserves became too great. Once the scheme fails, the study says, "it will be highly difficult and expensive to accumulate a gold reserve. This is especially true for central banks that have low gold reserves like those in the Gulf Cooperation Council countries.". END.
Again, you may disagree with these gentlemen but they certainly aren't a bunch of nuts.
4. Does market action confirm GATA's findings ?
GATA says that gold is being suppressed by means of excessive use of gold derivatives. That simply means that paper gold determines the price of gold to a high degree. When you realize that the paper gold market is about 35 times bigger than the physical gold market (120.000 tonnes vs 3500 tonnes) it ain't difficult to understand. Since most of the gold papers are being traded on COMEX we should see a continued selling pressure on COMEX which exceeds all buying pressure from overseas, at least that should be the case if GATA is correct.
Well, that's seems to be exactly the case. Gold writer Dimitri Speck did some outstanding research with regard to COMEX selling pressure and concludes that ever since August 1993 there is a continued selling pressure on COMEX. Now here where it gets interesting. We already saw that government isn't amused at all by sharp rising gold prices (see 2.Managing the price of Gold : Absurd idea or not ?)
Gold writer Dimitri Speck described in detail the FED transcript of July 6,7 1993 wherein FED official Wayne Angel talked about gold in lengths and his dislike of higher gold prices. Speck continues by quoting from the next FED meeting on August 17 1993 whereby FED official Wayne Angel said :
Speck continues by charting these events, see chart below :
Now Speck concludes that ever since Aug 5 1993 the New York gold market behaved far from normal, in other words, overseas gains are eliminated during COMEX trading sessions. The chart below says it all :
This chart proves beyond any doubt that the New York gold traders do whatever they can to countermove any sharp rise in the price of gold. Look at the 1999 gold-spike caused by the Washington agreement. It should be obvious that this spike wasn't caused by the New York boys, no, in contrary, they did whatever they could in order to get the gold price down. And this is exactly what GATA wants you to know, paper gold being used to get the price of gold down. Now let's repeat again item 55 from Reg Howe's lawsuit 'Howe vs BIS et all' with regard to the Washington Agreement gold spike.
Howe vs BIS et all item 55 :
Now GATA and Speck conclude that COMEX gold trades lower most of the time as overseas. Indeed this has been the case in 94% of all COMEX sessions since August 1993. Now any statistician will admit that a free market doesn't trade this way. Any item which is being traded freely 24 hrs/day should show equal gains/losses over time in East and West. It's clear, COMEX sessions are characterized by extreme aggressive gold selling every now and then. The chart below is a perfect example of aggressive gold selling during a COMEX session.
Why these drastic down moves only happens during COMEX trading hours ?
The next chart shows painfully clear that the trend is down most of the time indeed on COMEX.
Remember, 94% of all COMEX sessions end up lower than overseas. This is NOT a characteristic of a free traded market and many statisticians do endorse this statement.
Now some people argue that COMEX is just much more volatile as the overseas markets since COMEX is the biggest paper gold market. Sure, but then you should expect some wild upswings to the upside as well but strange enough that just NEVER happens on COMEX. GATA reported over and over again that gold NEVER exceeds an $6 up-move on COMEX and when it does (happened only a couple of times in last three years) it will be taken down immediately the very next day. Again, this is not a characteristic of a typical free traded market.
Now if there's such an interest in holding the price of gold down, who are the sellers ? Well, the sellers are the commercials (bullion banks, JPMorgan, Goldman Sachs, City Bank etc..). And why are they selling ? Again that's hard to figure out since the gold market is not-transparent. Maybe some of them operate for government, maybe they are trying to protect their short positions in gold, maybe they're just selling for their clients, no-one knows and no-one will unless someone could enforce a look into their bookkeeping.
Now some people argue that the commercials are just clever gold traders and they are right most of the time. So if they are going short they just see what is ahead of us and again they are right most of the time.
I just don't agree with this kind of reasoning. Why ? Simple, because I don't think that all other big banks (besides the 5 big bullion banks) have stupid gold analysts who can't see what the bullion bankers gold analysts are seeing. So if the bullion banks are adding shorts rapidly it must be because their gold analysts are predicting a down-move in gold right ? Now I wonder why all other banks don't see that as well. Let me give you an example here.
Quarterly increase in gold-derivatives :
JPM : +10.2%
CITY : +43.4%
All other 372 US Banks together : +1.19%
Now here we see a sudden increase in gold derivatives with two major bullion banks only while all other US banks reported hardly any increase at all. Now GATA wonders why drastic down moves in Gold always coincide with drastic build ups in gold derivatives with a few major bullion banks.
Now what did we see so far :
" Heavy selling pressure on COMEX
" COMEX trades 94% of all sessions below overseas.
" Enormous increase in gold derivatives of a few big US bullion banks.
GATA concludes :
New York Gold trades 94% of the time lower than Asia due to continuous suppressing/selling by a few big US bullion banks. This suppression becomes transparent due to enormous increases in gold derivatives of these US bullion banks. END.
Now many people argue that if GATA thinks they are right they should sue the manipulators. Well that's exactly what GATA did.
In December 2001 GATA filed a lawsuit (Howe vs. Bank for International Settlements et al) in which it accused the BIS,FED,US Treasury and some Bullion Banks of Gold market manipulation, Although this case ended up being dismissed (just on two technicalities), many people concluded that enough evidence was presented here to prove the price-fixing claims.
Unfortunately for the price manipulators Blanchard and Co. filed a similar suit in US District court in New Orleans against Barrick Gold and JPMorgan. This time however, the Judge denied to dismiss the Lawsuit so this case will enter the discovery stage. What does it tell you ? It tells you that Blanchard must have some valid points otherwise this case would have been dismissed.
What is this case all about ?
Blanchard wants the court to force Barrick and J.P. Morgan, as well as other bullion banks, to stop borrowing gold from central banks and selling it into the market -- a practice the dealer says depresses the price and has hurt other investors. The case is scheduled to go on trial by summer. Needless to say what it will do to GATA's credibility if Blanchard will be successful. Will they be successful ? Hard to say but one thing is clear, you must be absolutely crazy to sue the most powerful bank in the world unless you are EXTREMELY CONFIDENT about yourself. Needless to say that Blanchard is EXTREMELY CONFIDENT about themselves ! Investors stay tuned.
Gold suppression can't be proven but investors who'll study all circumstantial evidence brought forward by GATA over the last 6 years must admit that they have a point. John Embry of Sprott Asset Mangement once said :
Everyone with a IQ higher than a grapefruit must admit that they have a point.
And that's exactly what I want investors to know. I don't ask you to agree with GATA or to disagree but just listen to what they have to say. Again, I think it's important to know what GATA has to say because if they turn out to be right it could have enormous consequences for the gold market. The longer an item being suppressed the more volatile the upswing will be. Again it goes far beyond the scope of this article to go in detail of all circumstantial evidence brought forward by GATA but I would urge readers who want to know more to read Sprott Asset's Management excellent report ' Not Free Not Fair, - the Long Term Manipulation of the Gold Market) http://www.sprott.com/pdf/not_free_not_fair.pdf
Highlights :
GATA estimates that half of all central bank gold (15.000 tonnes) is gone
These figures don't show up in GFMS reports
GFMS only reports the reported gold loans by CB's
CB's don't have to report the amount of gold being loaned/swapped therefore they won't show up in official gold loan statistics. Therefore the actual gold loans MUST be higher as officially reported.
Veneroso's gold loan numbers are consistent with gold loan book positions by one-quarter to one-third of all bullion bankers in the period 1998-1999
A growing amount of Industry experts do endorse GATA's claims eg :
o John Embry
o Frank Veneroso
o Ferdinand Lips
o James Turk
o Reg Howe
Gold suppression can't be proven but market behavior suggests gold is being suppressed.
NY selling pressure is clearly visible.
A free traded market won't show 94% of all COMEX sessions closing lower than overseas since 1993.
When investors find out that half of all central bank's gold is gone a rush on gold could emerge which could cause a sharp increase in the price of gold.
Blanchard & Co sued JPMorgan & Barrick Gold for suppressing gold and trial is scheduled this summer.
Efforts from JPMorgan and Barrick to convince the judge to dismiss this case have failed. That simply means that Blanchard & Co must have valid points.
GATA will host a legendary gold conference 'GOLD RUSH 21' on August 8 and 9 in Dawson City, Yukon Canada where they will present all their findings with regard to the gold suppression. Joining GATA are guest speakers such as : John Embry, James Turk, Hugo Salinas Price, Peter George and Ferdinand Lips. More info on www.goldrush21.com
The Gold Drivers Report
Email : ehommelberg@golddrivers.com
Web-site : www.golddrivers.com


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