Governing Committee

Peter M. politics

The next EP 20 September will be a special meeting of members. Santiago Moncada has been appointed President of the SGAE. The Commission of inquiry will be directed by Ramon Lopez Vilas, Professor of Civil law and the Supreme Court escuchando. The Board of Directors of the society General de Autores y Editores (SGAE), gathered this Thursday, has unanimously approved all proposals adopted on 21 July by the Governing Committee of the management body, and has agreed to hold new elections next January 16, 2012. It has also decided to convene an extraordinary General meeting of partners on September 20, in which a Commission for revision of the electoral system, which will represent all the sensitivities of the collective authorial will be chosen.

Subsequently, on 25 November will undergo partners that amendment of the statutes of the society in a new extraordinary General Assembly. Finally, once approved this reform and expanded the democratic basis of participation, elections shall be convened at the The Board of Directors on January 16, 2012. Santiago Moncada (Madrid, 1928) playwright and screenwriter has been appointed President of the SGAE, in replacement of the filmmaker Jose Luis Borau, who has served for the past four years. Santiago Moncada will continue to be, at the same time, President of the Fundacion Autor. The Board of Directors endorsed, among other measures, leaving vacant the General direction of the company and the implementation of a Commission of inquiry headed by Ramon Lopez Vilas (A Coruna, 1940), Professor of Civil law, escuchando of Supreme Court and member of the Academy of legislation and jurisprudence, whose results will be transferred to all the partners and the national audience. In addition, the members of the current Board of Directors has been appointed Jose Maria Diez-Picazo (Madrid, 1959) as financial director of SGAE, whose first mission will be to re-examine all the procedures of budgetary control and launch a divestment plan in Artery. Members of the Board of directors who have flocked this afternoon to the headquarters of the entity have been, among others, Mikel Erentxun, Teo Cardalda, Inma Serrano, Caco Senante, Victor Manuel, Alberto Comesana and Jaume armholes.

Chinese Government

Peter M. politics

Thus, the Chinese who were younger consumers per capita of gold worldwide, today have a demand for the metal that probably exceeds that of India which has represented the largest market for several years world. Richard Blumenthal has plenty of information regarding this issue. The Chinese are enjoying far superior to past levels of life, have been pouring heavily to markets, and hopefully now tipping the investment fever gold en masse. But what is the reason for the Chinese Government to stimulate purchases of gold in its population at massive levels? He speculated that the Asian country would be to transform much of its reserves in gold. And its Central Bank has, this year, been doubling its reserves of the metal. With a worldwide production of gold at low levels as we are seeing, a slight increase in Chinese demand would shoot metal prices. A broadcast of 60,700 units of three gold coins by the Chinese Central Bank to launch on September 16 in commemoration of the 60th anniversary of the Republic of China, symbolically reinforces this Chinese policy (photo).

(5) The VIX firing in tune with a greater investor discomfort in recent days reflecting doubts about global economic recovery. (6) Technical factors: looking at the charts, we see that gold prices are reflecting a greater demand, accompanied by higher volumes and a technically bullish pattern, demonstrating gaps and breaking with the lateralization of prices experienced during the past two months and a half. Several reasons to explain ex post in the graphics appears to be a successful undisputed among technical analysts: rupture of the triangle of consolidation since the start of the year. If gold rises above $1,000, we will check it in the coming days. Nobody will want to remain outside the rally that will come.

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