Monday, 2 February 2015

Fungi the big killers

Too right fungus is a big killer. Candida albicans has been known about for many years and denied for as long by conventional medicine. According to this article, candida which causes skin and mucous infections and septicaemia, (I would add systemic illness), has a death rate of 30% to 49%.

You can read more reliable information on candida HERE.

This article does not mention that the major cause of candida is modern medicine with its antibiotics , steroids and the like.

As far as fungi in the environment you can add that to list of killers (long with abrupt climate change) which indicate we have reached PEAK FOOD.

Could fungus be the next big killer? Experts warn fungal diseases now cause more deaths than malaria and tuberculosis
  • Figures show fungal diseases cause hundreds of thousands of deaths
  • Death often follows severe respiratory illness and infections of the blood
  • Experts warn fungi kill more people than malaria and tuberculosis globally
  • They also destroy a third of all food crops, affecting global economies

15 January, 2015

A leading microbiologist has warned of the increasing threat that killer fungi poses to humans and the environment.

New figures show that fungal diseases cause hundreds of thousands of deaths annually, following severe respiratory illness and infections of the blood stream.

And now an expert has warned that fungi kill more people than malaria and tuberculosis worldwide, and destroy a third of all food crops.

Speaking at Cardiff University’s Science in Public Health lecture series, Professor Rosemary Barnes from the School of Medicine’s Institute of Infection and Immunity said: ‘For most people, fungal disease means a bit of athlete’s foot or a manky-looking toe nail.

These maybe irritating and unsightly but fungi can do far worse.

Fungi kill more people than malaria and tuberculosis worldwide.

'They destroy about a third of all arable food crops.

Scientists have identified more than two million species of fungi, and they are considered to be among the most diverse and adaptable of all living organisms, predating humans by hundreds of millions of years.

Only 600 species are known to cause disease, but 99 per cent of these diseases can be attributed to 30 kinds of fungi.

Most infections are trivial, but serious invasive diseases affect 2.5 million people worldwide.

Invasive fungal disease is very difficult to treat and can be distressing for patients, in some cases causing disfigurement.




Other strains of fungi can decimate crops leading to billions of pounds of food wastage and contribute to global poverty.

According to Professor Barnes, recent flooding across UK and the rest of Europe has exacerbated the situation.

Flooding caused by adverse weather conditions has caused a worsening situation of home dampness and indoor mould growth, which are associated with asthma, rhinitis and other respiratory problems.

Scientists from Taiwan spotted a spike in the levels of a range of contaminants in rivers that flowed in Kenting National Park - home to the annual Spring Scream event.

The experts said that not only does this highlight drug abuse at the concert, but that the drugs may also be having an effect on aquatic life in the region.
Five and a half million people in the UK alone are living with asthma and half of these cases are down to an allergic reaction to fungi.’

Emerging fungal diseases such as Dutch Elm, ash dieback, sweet chestnut blight and sudden oak death are also a real concern for Britain’s forests, said Professor Barnes.

Deforestation from fungal pathogens increases carbon dioxide emissions and contributes to global warming.

Other diseases attack insect populations that are crucial for plant pollination.
Professor Barnes said that there needs to be more education around the impact of fungus on health, and the economy.

She suggests improving diagnostic techniques, investing more into research in the area, and performing surveillance studies of the fungi and diseases.


Sunday, 1 February 2015

Going Dark

Reposting Pauline Panagiotou Schneider's wonderful documentary about Guy McPherson and her own path, GOING DARK

Going Dark Documentary




This 30 minute documentary follows a year in the life of Evolutionary Biologist, Dr. Guy R. McPherson, lecturing around the world about abrupt Climate Change, Collapse and Near Term Human Extinction. It is a personal telling from the view of the documentarian (me) of how it feels to have been a life-long environmentalist only to discover that our days may be numbered, and very shortly. Despite the Doomy topic, there is humor, and hope at the end of time, but most importantly, there is love

Portrait of Australia's prime minister

Don't lets forget who voted for him

Tony Dumb Dumb: the world’s most embarassing prime minister

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Tony Abbott's bizzarre 28 second silence following "Shit Happens" comment



Australia's Opposition leader Tony "The Mad Monk" Abbott is questioned by Ch 7 reporter about his "shit happens" comment which he delivered with a casual shoulder shrug when discussing the circumstances surrounding the death of an Australian soldier in Afghanistan. 

When it finally dawns upon Abbott how insensitive his comments and behavior may seem, he totally clams up and if there was sand around, he'd stick his head in it for sure. 

You can see how his brain is working overtime trying to find a dignified way out from this awkward situation but the silence is defeaning. 

Abbott's behavior is truly bizarre, but sadly we have come to expect nothing less from him over the years..





Tony Abbott ridiculed on Last Week Tonight with John Oliver 


Prime Minister of Australia Tony Abbott aka "The Mad Monk" unsurprisingly has earned his own satirical segment on the Last Week Tonight Show with John Oliver on HBO. Highlights are too many to list here but include a member of the public calling him a dickhead and school kids referring to him as "Tony Dumb Dumb". .

To watch GO HERE
It's worthwhile, I promise!



Oil prices

Oil Surges 8 Percent as US Rig Count Plunges
Poised for a bounce many thought was overdue, short traders raced to cover their positions




31 January, 2015


NEW YORK (Reuters) - Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering.

In a rally that may spur speculation that a seven-month price collapse has ended, global benchmark Brent crude shot up to more than $53 per barrel, its highest in more than three weeks in its biggest one-day gain since 2009.

The late-session surge was primed by Baker Hughes data showing the number of rigs drilling for oil in the United States fell by 94 - or 7 percent - this week. Earlier gains were fueled by reports of Islamic State militants striking at Kurdish forces southwest of the oil-rich city of Kirkuk.

Brent (LCOc1) settled up $3.86 at $52.99 a barrel, after running to as high as $53.08.

U.S. (CLc1) oil futures finished up $3.71 at $48.24, soaring by nearly $3 in a final frenzied hour and ending a two-week stretch of relatively steady prices, the longest break since a seven-month rout kicked off last summer. On Thursday prices had touched a six-year low under $44 a barrel.

Poised for a bounce many thought was overdue, short traders raced to cover their positions on fears that the rout, sparked by massive U.S. shale crude supplies, was nearing its end.


"The rig count drop was a lot more than people expected and it really got the market going," said Phil Flynn, analyst at Price Futures Group in Chicago.

According to Baker Hughes, the decline in oil drilling rigs was the most since it began keeping records in 1987. With drillers having idled about 24 percent of their oil drilling rigs since the summer, some traders may be betting that an anticipated slowdown in U.S. oil production is nearer than expected.

NOT OVER YET?

Some are not convinced that the sell-off in oil is over. The rout began in June when Brent peaked at over $115 a barrel and accelerated in November after OPEC refused to cut its production.

"There was a lot of short-covering before the month end from people wanting to take profit from the $40-odd lows, so it's not surprising that we rallied," said Tariq Zahir, managing member at Tyche Capital Advisors in Laurel Hollow in New York. But it will take a while for production to respond to lower drilling.

"This doesn't change the fundamental outlook in oil. We are still about 2 million barrels oversupplied."

Production from OPEC, or the Organization of the Petroleum Exporting Countries, rose in January to 30.37 million barrels per day (bpd), a Reuters poll showed, a sign that key members of the group were resolute about defending their market share.

A Reuters poll shows oil prices may post only a mild recovery in the second half of the year, with prices still averaging less in 2015 than during the global financial crisis.

Joseph Posillico, senior vice president of energy futures at Jefferies in New York, also warned of a short-term, short-covering rally that could be quickly reversed.

"This is just the market being the market and we could give these all back in the next few sessions."


Ukraine civil war news - 01/31/2015

Infighting in the ranks

"Yatsenyuk and Turchinov started the war!"--Poroshenko Block Deputy


1/30/2015
Translated from Russian by J.Hawk
Sworn friends from the Maidan are  getting down to brass knuckles.
Sergey Kaplin, a Poroshenko Block Rada Deputy declared on one of Ukrainian TV channels that the Donbass war was unleased by the Prime Minister Arseniy Yatsenyuk and Security and Defense Committee chief Aleksandr Turchinov. And they are blaming it on Putin because it’s “convenient for them.” This news was reported by PolitNavigator.
Let’s get to the truth. Who caused the situation in the East? When they say ‘only Putin’, that’s a very convenient answer. But it’s not so! It was caused by Yatsenyuk and the current head of SDC,” said Kaplin.
He went on to say that the war could have been ended right away, but neither Yatsenyuk nor Turchinov were interested in it.
As soon as the situation began to unfold, I was one of the first deputies to go there, I visited all the cities, and felt a real war beginning. It could have been prevented by the prime minister himself and the acting president. And these are the people who today are in charge of the “counter-terror operation,” said Kaplin.
We reported earlier the wave of rumors circulating in Ukraine that a new coup d’etat is being readied.
We also remind our readers that the Ukrainian delegate to the Parliamentary Assembly of the Council of Europe Yuliya Levochkina called on Europe to restrain the Ukrainian government which is destroying the Donbass.
Translator’s Note: Poroshenko’s underling speaketh the truth, but equally conveniently ignores the role of his boss, the president, the commander-in-chief, in continuing and even escalating the carnage after the presidential election of 2014. Poroshenko has as much blood on his hands as anyone else in Ukraine. The buck, excuse me, the hryvnya, stops with him. One wonders, though, how "Yats" and Turchinov will reply to the rather transparent blame-shifting by their beloved president and comrade.


Russia was invaded by one MILLION Ukrainian men of military age, hiding from Poroshenko - official data




January 31, 2014, Varyag_2007
Translated by Kristina Rus
More than one million male citizens of Ukraine, which is currently in the process of the fourth wave of mobilization, are already on the territory of the Russian Federation, which was declared by the resolution of Verkhovnaya Rada as the "aggressor".
The relevant data was reported at a press conference in Kiev by the founder of the Ukrainian sociological company Research & Branding Group, Yevgeny Kopatko.
"According to the Federal Migration Service there are 2 million 430 thousand citizens of Ukraine now in Russia, including 1 million 172 thousand men of military age".
Translators Note:
2.5 million in addition to 2.5 million in Crimea, in addition to 3-4 million in Donbass ... do the math!
"If you are for Obama, go to America!"--Kramatorsk women defy Ukrainian army



1/31/2015

Translated from Russian by J.Hawk

Kramatorsk women staged a meeting at the military commissariat, categorically refusing to allow their children to fight against the militia and said that “we are nearly all Russians.”

The local military commissar Andrey Vasilenko came out to meet with the women and tried to appeal to their sense of patriotism. “While you sleep, eat, rest, these guys are defending your homes,” said Vasilenko, causing an outburst of outraged reactions.

After the tumult quieted down, Vasilenko asked “Are you for Putin? Then, please, go to Russia.”

And who are you for? Who are you for?”—he was asked in return. Why don’t you go to America if you are for Biden and Obama.”

The women of Kramatorsk reminded him how the Ukrainian army bombed the city in the summer. “There were no weapons here, until Ukrainian tanks showed up,” said one of the mothers.

The mothers also said they’d like to see the children of leaders of the country and of Kramatorsk in the first ranks of the military. They are not going to allow their own children to be taken, especially since they themselves don’t understand against who this war is, and over what.

We have brothers, sisters, nephews, nieces, grandchildren in Russia,” the women appealed to the government representative. “Nearly all of us are Russian! What do we need this war for? All of us are sitting at home, fearing for our men, and crying into the pillow,” said one of the participants.

Militia forces left Kramatorsk in July 2014. The city came under the control of the Ukrainian military after bloody battles in which many civilians suffered. The city was shelled by heavy artillery, including Grad MRLs.

DPR leader Aleksandr Zakharchenko expressed hope that Slavyansk and Kramatorsk will return to DPR through negotiations.


Ukraine envoy to UN says Russia new humanitarian convoy will be regarded as invasion
31 Janaury, 2015




UNITED NATIONS, January 30. /TASS/. Kiev will regard the dispatch of a new motor convoy loaded with humanitarian aid to Ukraine as invasion, Ukraine’s Permanent Representative to the United Nations Yury Sergeyev said on Friday.

Cargoes dispatched by Russia infiltrate Ukraine "without Kiev’s permission," to speak nothing of "participation of the International Committee of the Red Cross," Sergeyev said.

"If a new convoy arrives, I think the twelfth, it will be regarded as invasion," the Ukrainian diplomat said.

Earlier in the day, the Russian Foreign Ministry announced that a next truck convoy with relief aid for Donbass residents would set off for the region on Saturday, January 31.

The convoy comprising 176 vehicles, with 157 trucks out of them, is expected to deliver nearly 1,500 tonnes of humanitarian cargoes, mainly foodstuffs (920 tonnes) along with medications and fuel and lubricants.


Russia’s Emergencies Ministry organised eleven convoys with humanitarian aid to Ukraine in co-operation with international and public organisations from August 2014 to January 15, 2015, and delivered a total of 14,800 tonnes of humanitarian cargoes to Ukraine’s Donetsk and Lugansk regions.




Ukrainian Azov Regiment Fighters Shown Posing With Portrait of Adolf Hitler
Following the 'Nazi salute video' controversy from earlier this week, the Azov Regiment is in the news again with youths purportedly belonging to the battalion posing with a portrait of Adolf Hitler


31 Janaury, 2015

MOSCOW, January 31 (Sputnik) - A group of fighters from Ukraine's infamous Azov Regiment have been shown posing with a portrait of Adolf Hitler, the Russian television channel Zvezda reports.

The group photo, published on Facebook by a user calling himself "Weiss Kampfer," (German for "White Combatant") shows a group of eleven young men standing bare-chested, and another in a t-shirt featuring the official symbol of the battalion, which incorporates runic characters used by Nazi German SS units during the Second World War. A soldier in the center of the photo holds a portrait of the late German Fuhrer.

View image on Twitter
@BBCNews @BBCWorld look what a nice bunch of people from Ukraine's battalion. Your silience is scandalous!
Facebook and Twitter users were quick to voice their hostility over the photo, one user noting sarcastically "I say, there are no fascists in Ukraine –it's all Putin propaganda." Others said that they hoped that the fighters from the Regiment would soon come to meet the DNR and LNR militia on the battlefield, alluding to the battalion's poor training.

The all-volunteer Azov regiment is widely reported to be among the most brutal of Ukraine's National Guard units. They formed as a battalion April 2014 and since then have expanded into a regiment. The fighting unit is equipped with heavy weapons, and is believed to have done much of the fighting against the separatist units in Ukraine's southeast. The regiment is known to be composed of unrepentant fascists and nationalists, listing its ideology as "social nationalist" and includes Ukrainian and foreign volunteers. The regiment uses Nazi German runic symbolism for its flag. Eastern Ukrainian and Russian commentators have accused the battalion of widespread abuse and of committing war crimes against the civilian population. 

The regiment is believed to be based in Mariupol. The group's commander, Andriy Biletskiy, was quoted by the BBC in September 2014 condemning the first cease-fire in Minsk; he commented, "if it was a tactical move there is nothing wrong with it... if it's an attempt to reach an agreement concerning Ukrainian soil with separatists then obviously it's a betrayal."

Earlier this week, members of the regiment, which has sluggishly denied its association with outright fascism and Nazism, was caught in a 'training' dance featuring Nazi salutes.




Aftermath of assault on Uglegorsk 29/01/15






Climate change in Australia

Expect more Aussies to cross the Ditch in the next few years

Climate Change Will Hit Australia the Hardest, Study Says
Science agency the CSIRO and Bureau of Meteorology predict temperature rises of up to 5.1c in Australia by 2090 in their most comprehensive forecast yet

Australia may be on track for a temperature rise of more than 5°C by the end of the century, outstripping the rate of warming experienced by the rest of the world.  Credit: Warren/Flickr


26 January, 2015


Australia could be on track for a temperature rise of more than 5C by the end of the century, outstripping the rate of warming experienced by the rest of the world, unless drastic action is taken to slash greenhouse gas emissions, according to the most comprehensive analysis ever produced of the country’s future climate.

The national science agency CSIRO and the Bureau of Meteorology have released the projections based on 40 global climate models, producing what they said was the most robust picture yet of how Australia’s climate would change.

The report stated there was “very high confidence” that temperatures would rise across Australia throughout the century, with the average annual temperature set to be up to 1.3C warmer in 2030 compared with the average experienced between 1986 and 2005.

Temperature projections for the end of the century depend on how deeply, if at all, greenhouse gas emissions are cut. The world is tracking at the higher emissions scenario, meaning a temperature increase of between 2.8C and 5.1C in Australia by 2090.

According to the report, this “business-as-usual” approach to burning fossil fuels is set to cook Australia more than the rest of the world, which will average a temperature increase of 2.6C to 4.8C by 2090.

median temperatures

Australia’s surface air temperature has already increased 0.9C since 1910, with the number of extreme heat records outnumbering extreme cool records nearly three to one since 2001.

Australia experienced its third-warmest year on record in 2014, with 2013 its warmest year on record. The heat experienced in 2013 was “unlikely” to have been caused by natural variability alone, the report stated, with such temperatures now five times more likely due to humans releasing greenhouse gases into the atmosphere.

Other findings of the wide-ranging analysis, the first such Australian climate projection made since 2007, included:
  • The interior of Australia is set to warm more rapidly than coastal areas. Alice Springs will experience an average of 83 days a year over 40C in 2090, up from just 17 in 1995.
  • Melbourne will swelter through an average of 24 days above 35C by 2090, up from 11 in 1995. Sydney will experience 11 days above 35C by 2090, an increase from three days in 1995.
  • Australia is on course for a sea level rise of 45cm to 82cm by 2090, if emissions are not curbed. The report warned that if the Antarctic ice sheet was to collapse, sea levels would be a further “several tenths of a metre higher by late in the century”.
  • Extreme rainfall events will increase but overall rainfall is expected to drop in southern Australia, apart from Tasmania, during the winter and spring months – by as much as 69% by 2090.
  • There will be more extreme droughts, with the length of droughts increasing by between 5% and 20%, depending on how quickly greenhouse gases are cut.
  • Rising temperatures will result in a “greater number of days with severe fire danger”. Meanwhile, soil moisture will fall by up to 15% in southern Australia in the winter months by 2090.
  • Snow cover will decline, with the report stating there was “high confidence that as warming progresses there will be very substantial decreases in snowfall, increase in melt and thus reduced snow cover”.
These changes are likely to produce some benefits, such as enhanced agriculture in Tasmania and fewer deaths from cold weather. But they will be overshadowed by the negatives, such as rising numbers of deaths from heatwaves, water resource challenges, impacts upon agriculture and risks posed to coastal infrastructure by rising seas.

Some of the most profound transformations are set to take place in the seas that surround Australia, which will warm by a further 2C to 4C unless emissions are cut.


Excess carbon dioxide absorbed by the oceans causes the water’s pH level to drop. This acidification makes it more difficult for corals to form hard reef structures and other creatures such as oysters, clams, lobsters and crabs to develop their shells.

This phenomenon poses a major risk to ecosystems such as the Great Barrier Reef and is, according to the report, “likely to impact the entire marine ecosystem from plankton at the base to fish at the top”.

Kevin Hennessy, a principal research scientist at the CSIRO, said it and the Bureau of Meteorology now had a greater confidence than ever in their forecasts of Australia’s climate.

We expect land areas to warm faster than ocean areas, and polar regions faster than the tropics,” Hennessy told Guardian Australia.

Given Australia’s geographical position, that would mean much of the country was expected to warm faster than the global average.

Australia will warm faster than the rest of the world,” Hennessy said. “Warming of 4C to 5C would have a very significant effect: there would be increases in extremely high temperatures, much less snow, more intense rainfall, more fires and rapid sea level rises.”

Hennessy said even the internationally agreed limit of 2C of warming on pre-industrial times would cause severe problems for Australia.

That intermediate emissions scenario would have significant effects for Australia,” he said. “Coral reefs are sensitive to even small changes in ocean temperature and a 1C rise would have severe implications for the Great Barrier Reef and Ningaloo reef.

The situation is looking grim for the Great Barrier Reef unless we can significantly reduce greenhouse gas emissions. A 2C future would be very challenging.”

Hennessy said Australia should prepare for this altered climate by ensuring hospitals, transport infrastructure, construction codes and fire planning all considered the rising temperatures.

Cutting emissions would also help head off the worst of climate change, with nations set to convene in Paris later this year for crunch talks aimed at agreeing emissions reductions beyond 2020.

Achieving that intermediate, rather than higher, emissions path would require significant reductions in global greenhouse gases,” Hennessy said. “It’s difficult to say what will be achieved, there are a lot of negotiations to come in Paris. We hope there will be an agreement until 2050 at least, but who knows what will happen in the coming decades.”

Unexpected fan

Poroshenko subscribes to rebel site


Junta's head, Banderite oligarch Petr Poroshenko is subscribed to the News from the Donetsk People's Republic through his vkontakte page


Angela Merkel emerges, victorious


The revival of German fascism

The New Judeo-German Patriot: the rise of the new fascism in Germany
An Israeli screams for Pegida



Geeks turn to gold

I look forward to hearing what Max and Stacy have to say about the latest from Greece.

Greeks Turn to Gold on Bank Bail-in and Drachma Riss




30 January, 2015

The Greek stock market is down 36% year to date; the risk of global contagion in the event of a Greek exit is very real. Ordinarily such a crisis would require a massive coordinated effort from global stakeholders, perhaps directed by the IMF or some other pan-national financial body. But not in this case; the rhetoric is nationally-based and biased without unity of purpose across finance ministries. Recent official soundings from the UK and German governments saying that exposure to Greece is limited only underscores the depth of denial, ignorance and lack of consensus that exists within the euro area. A Greek exit from the euro would profoundly weaken the euro experiment and create a dangerous precedent for all future crises in the region.

The European economy is the largest middle class economy in the world. With over 400 million relatively affluent consumers it represents a massive portion of the net global economy and as such a breakup of part of it would be felt across the world in credit spreads and capital decisions for years to come. This would not have been because of Greek exit, but rather because of the inability of the authorities to manage the crisis as risks initially built up, then as bail outs were designed and implemented and then as these efforts surely failed.

We are witnesses to an epic failure of planning, statecraft and social justice. Regardless of where your politics lie, these elements are critical for a modern globally connected economy to function.

Sadly, the geopolitical backdrop is one of suspicion and hostility in the form of a festering proxy war between western and Russian interests in Ukraine and regional crisis and humanitarian catastrophe in the middle east as Syria and Iraq descend into stateless anarchy. These factors reduce the odds of a successful solution in Greece being found in time.

The share value of Greek banks cratered up to 30% Wednesday alone, before pulling back on Thursday as fears grew that the new government may not intend to soften their stance now that they are in office.

In what is probably the worst performance for the sector on record, the four major banks – Bank of Piraeus, Alpha Bank, National Bank of Greece and Eurobank – all closed more than 25% lower. Athens stock exchange closed 6.4% lower.
It marks an acceleration of the losses incurred over Monday and Tuesday in the immediate aftermath of the Syriza victory. From London’s Telegraph.
Greece’s banks have lost almost 40pc of their value in the three days since Syriza ascended to power in Sunday’s election as the dual threats of a bank run and the loss of support from the European Central Bank threaten a liquidity squeeze.
Forbes list five main causes for the collapse:
  1. Deposit flight has accelerated.
  2. ECB liquidity could be cut off.
  3. Potential public and private debt restructuring.
  4. Low profitability.
  5. Reliance on deferred tax assets – Forbes explains it as an over-reliance by Greek banks on liquidity from the state.
Greek banks are hemorrhaging deposits. The telegraph reports, “Banks also risk a repeat of the deposit flight seen in 2012. Up to €8bn of private sector deposits has been pulled out of Greek banks since November, according to Moody’s”, adding that bank deposits have fallen 5% in the last two months.

The Financial Times paints an even more dramatic picture of bank runs and capital flight.
The real danger is that the Greeks themselves lose confidence. There are tentative signs that money is again being sent abroad, as it was in mid-2012. Nikolaos Panigirtzoglou at JPMorgan points out that €350m was sent from Greece to Luxembourg money funds since the start of last week. Extrapolating to all cash flight, he estimates as much as a 10th of Greek deposits may have left already this year. If a Greek bank panic develops it will strengthen the German hand, and make negotiations that much harder.
In the event of any or all of these possibilities, gold and silver bullion will perform well as a currency of last resort.

Greek coin and bullion dealers with whom GoldCore spoke, confirmed an increase in demand for gold coins and bars in recent weeks and since the election.

GoldCore have Greek clients both in Greece and living in the UK and throughout the world. We have seen a definite upsurge in interest, inquiries and demand since the election last Sunday.

Concerns about bank holidays and also a return to the drachma have returned and Greeks are looking for ways to prevent further destruction of their wealth.

For Greeks, Storage in Switzerland remains a favoured way of owning gold.