3RD INTERNATIONAL OSMIUM SYMPOSIUM - JUNE 2021, DUBAI
Speakers of
Osmium-Institute Germany
Management, Director: Ingo Wolf
Management, Vice Director: Scarlett Clauss
Internet, Shop and Market Place: Michael Raupenstrauch
Academy Management: Vanessa Bachmann
Social Media: Nadine Nourney
Customs and Export: Jörg Saxler
Speakers of Osmium World Council (OWC)
Management, President: Michael Karl Gasser
Monday, 21.06.2021 – Conference Day 1:
09:30 AM Vanessa Bachmann – Opening
• Welcoming of all participants
• Team introduction
• Presentation of the first day’s program
10:00 AM Ingo Wolf – Introduction from the Director (public live session)
• Company news
• Presentation of the topics of the symposium
• Osmium resources
11:00 AM Michael Raupenstrauch – New Features
• Presentation and function of the new download center
11:30 AM Scarlett Clauss – The Referrer Model
• The referrer model explained
11:45 AM Michael Karl Gasser –
Development of the OI Coin and money laundering law
(German Language)
• Explanation and purpose of the OI Coin
• Development and Sales of OI Coin
• Money laundering law
12:30 AM Lunch Break, sponsored by the
German Osmium-Institute
01:30 PM Scarlett Clauss – Presenting: Oslery GmbH
• Presentation of the Oslery GmbH
• Oslery’s tasks
• Referrer Model of Oslery
02:30 PM Michael Karl Gasser (German language) – Portfolio theory
• Part 1: Portfolio theory
• Part 2: Promotion of domains and use of Google
in associations
03:30 PM Coffee Break
04:00 PM Vanessa Bachmann – New State Institute Partner:
Where Do I Start?
• Onboarding process and first steps
• Public Relation strategy
• Train the Trainer Program
05:00 PM Ingo Wolf – Closing notes
• Wrap-up of the day
Tuesday, 22.06.2021 – Conference Day 2:
10:00 AM Ingo Wolf - Fraud and disruptive factors on the market
• Headwind and interference from foreign osmium products
on the market
• Strategies for problem cases
• How to interact with “raw osmium sellers”
11:00 AM Jörg Saxler (via Zoom) – News from the Customs Authority
• Customs and transport innovations
12:00 PM Lunch Break, sponsored by the
German Osmium-Institute
01:00 PM Free topics, led by Ingo Wolf
• Beginning with: a lecture on ancillary copyright law
and the use of names and material
• Please contact Vanessa until 12 PM with your
suggestion for a topic
02:00 PM Nadine Nourney - Social Media Do’s and Dont’s
• Instagram, Facebook and LinkedIn: Osmium-Institute and Partners
• How To Guide: Instagram, Facebook and LinkedIn
• Dealing with false statements about osmium on the net
02:30 PM Working Groups: Splitting up in teams working on different topics
04:30 PM Ingo Wolf – Future plans (public live session)
• Strategy and further development
• Sales goals
• Sale and resale, Marketplace
• Pros and cons of stock exchanges
• Global outlook
05:00 PM Ingo Wolf, Scarlett Clauss, Vanessa Bachmann
• Fishbowl Session
• Closing words
• Announcement symposium 2022
05:30 PM Group Picture
05:45 PM Explanation of the golf tournament for the following day
Outcomes of the symposium:
1. Money laundering and financial policy
Dubai is increasingly becoming a business hub like Singapore on the West-East axis. With a population of three million, the city is increasingly defying the desert.
The location is moving closer to the West in terms of its fiscal policy and tax neutrality using Western standards.
During the delegates' discussions, which centred on the prevention of money laundering, it became clear that companies in the Middle East must act on their own responsibility and international connections must be well vetted before business is arranged. For the osmium market, from the protected environment of Europe, these are now crucial months in which the fight against money laundering must come first. For this is the only way to achieve sustainability in trade. With the Osmium World Database, the foundation stone has thus been laid. For customs authorities in the USA, Canada, Europe, Australia and many other countries have access to the data of the individual pieces when they cross the border.
The origin of money and the political exposure of individuals are just as much in focus as means of payment, means of exchange, inheritance and donation.
The aim of this year's symposium was to put a clear stop to this right from the start.
In case of suspicion of money laundering or concealment of the origin of funds, osmium purchases are reported to the tax authorities.
2. Quantity models around the extraction of osmium
In summary, it can be said that the presumed resources are somewhat higher than was assumed in the past. On the other hand, it also became clear that the recoverable reserves are lower than initially suspected.
A new resource estimate will therefore be released in the next few months, which will be available for consultation via the osmium institutes.
The figures will be more accurate than those quoted in the past, but there are still many factors that cannot prevent residual inaccuracy.
For example, no valid figures can be obtained from Russia or China, as they are considered state secrets. However, we also assume that these reserves only consist of small quantities and will not leave those countries.
The clear result is that osmium is and remains the rarest of the non-radioactive elements, the metals and the precious metals. No other element will take this position away from it.
The distribution of osmium in the earth's crust is interesting, because osmium is mined together with platinum from a depth of 0 to 5,000 metres. In principle, there are no osmium mines, because osmium is a by-product metal that can only be found in traces within platinum.
If these traces are not separated directly, they remain in the platinum atom by atom. As a result, the osmium that sees the light of day every year disappears forever in the platinum market. The amount of osmium mined in the western and African world is about one ton.
About half of the osmium goes into medical research as osmium tetroxide, but does not play a significant role there. It is easy to replace in all its medical applications.
The other half is used for university research or crystallised directly for use as tangible assets.
Osmium, and thus of course the platinum deposits, are subject to perpetual testing in terms of willingness and ability to mine. It is possible to mine down to a depth of 5 km. However, under extreme temperatures near the earth's mantle and extreme safety conditions. The technical challenges are enormous. So there must always be a platinum price that makes mining at the necessary depths along the narrow seams economically viable.
If electric cars or hydrogen cars conquer the world, platinum will no longer be needed in many areas. This will cause the price of platinum to fall and mining at great depths will no longer be affordable. The result will be an early end to supplies of raw osmium.
Thus, triggered by the declining platinum market, the theoretical construct of the "Osmium Big Bang" could come closer. But here, too, numbers were handled with caution at the symposium, because there are simply still too many unknowns in the equations.
The osmium market remains the most exciting among the precious metals. Indeed, there is a noticeable trend for gold and silver owners to part with the sideways-moving metals and seek security in osmium as a tangible asset.
3. Fight against the sale of melting beads and cubes
A small part of the osmium is also still sold to element collectors as melted beads or osmium cubes. This market must be stopped because osmium in this form has an open surface and is classified as toxic. Osmium Ínstitutes or their partners would never purchase such products as raw material to create crystalline osmium. Most importantly, of course, unlike crystalline osmium, they are also toxic. Investors who acquire these goods will be stuck with them forever, in addition to the health risk.
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4. Portfolio theory
It was decided to create a website that calculates the use of osmium for one's own portfolio. On the site, one will be able to compare one's own investment model with a model using crystalline osmium..
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5. Osmium-App
At the symposium, the new Osmium app was presented, which contains all the essential elements around prices and facts. It is now being checked for safety and use and will then be released to the masses.