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Mainline Shippers Diamonds

  • Date Submitted: 03/10/2014 12:22 AM
  • Flesch-Kincaid Score: 51.4 
  • Words: 390
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Mainline shippers have agreed to pay surcharges on all barrels moving on the mainline to provide an appropriate return on the additional capital required,the company wrote in a news release late Monday evening. Six crude oil pipelines including Line 3 make up the mainline.We work closely with our customers to understand their needs now and into the future; Gold Washer Machine the L3R Program will provide high reliability and flexibility to accommodate the level of throughput we expect they will require," CEO Al Monaco said in a statement. The increased reliability of throughput on our system will provide our customers with assured service to key markets."I think some emerging economies may be submerging soon, and have significant economic problems. The question arises, “Will they continue to buy gold?” Say if there was a recession in China—a downturn—would people buy gold.I think if the Chinese economy imploded, it is likely that the currency, the Yuan, would begin to weaken. Or the government would devalue the Yuan.If that were the case, Gold Ore Crusher Equipment then I think that Chinese investors would shift some of their money into gold rather than keep their funds in the local currency.
So I think that a problem in Asia — and geopolitical problems in Asia and in other regions of the world — may lead to higher rather than lower gold demand.For their industrial production, they need resources; they need iron ore from Australia, copper from Australia and elsewhere, and oil from the Middle East. That’s their only source of oil — the Middle East –, compared to say the U.S. that can source oil from Canada, from Mexico and who have a rising domestic production.
Ivory Coast will demand the United Nations to lift an ongoing ban on its diamond exports next month, as the country received a clean bill of health from the Kimberly Process,Silver Ore Crushing Machine the body tasked with preventing the sale of precious gems from financing armed conflicts, in November last...


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