Gold prices to remain in neutral territory for the rest of 2023 silver to see slightly higher prices – BMO Capital Markets

Gold prices to remain in neutral territory for the rest of 2023, silver to see slightly higher prices – BMO Capital Markets

Gold's brief push above $2,000 an ounce in mid-May could represent the yellow metal's high-water mark for the year as markets continue to adjust to dynamic interest rate expectations and a resilient U.S. economy.

In their latest quarterly outlook, analysts at BMO Capital Markets said that they are leaving their year-end average gold price target unchanged at $1,905 an ounce, and warned that the precious metal is losing momentum as it has not been able to hold its gains above $2,000.

"Gold has struggled for direction over recent weeks as markets digest climbing treasury yields, dollar strength, the potential lagged impact of an unprecedented cumulative rate-hiking cycle, and elevated geopolitical risk," the analysts said in the report. "Our base case remains that uncertainty coupled with macro headwinds will see gold prices well supported into Q3; however, as we gain clarity on the central bank rate trajectory and the ‘hard landing' scenario is averted, we see gold losing some of its luster into year-end."

The neutral outlook comes as gold prices hold support above $1,900 an ounce but remain unable to break initial resistance around $1,930.

The report noted that BMO's chief economist Douglas Porter does not see any serious sign the U.S. economy is rolling over, which could support the Federal Reserve's aggressive monetary policy stance.

"In our view, a severe U.S. economic downturn and consequent reactionary Fed rate cuts anytime soon are unlikely, and as such, after we are likely past the nadir in the macrocycle, we do see gold and silver prices softening into year-end," the analysts said

While BMO sees gold running in place for the rest of the year, the Canadian bank is slightly more optimistic about silver. The bank raised its 2023 average silver price to $22.70 an ounce, up 3% from its second-quarter price forecast.

BMO's modest increase in its silver price outlook comes as the precious metal tests resistance around $23 an ounce. Although the bank is positive on silver, they do see some potential headwinds for the rest of the year.

  Spot gold and silver prices hold gains, testing resistance in quiet holiday trading

"Silver's supportive fundamentals have struggled to supplant muted institutional investor appetite, with little sign sustained ETP inflows will materialize near term," the analysts said.

"In our view, silver prices are poised to roll over into year-end, owing to weaker jewelry and silverware demand compared to the same period last year, industrial demand headwinds, and diminishing safe-haven demand."

Despite foreseeing challenges through the rest of 2023, the analysts noted that the silver market is supported by long-term bullish fundamentals.

"Longer-term silver demand from solar installations and the rollout of the 5G network should provide a multi-decade annuity as the world accelerates renewable targets and pushes to increase connectivity," the analysts said. "That said, despite the acceleration in renewable generation capacity targets owing to the increased emphasis on energy security, we expect ongoing thrifting and emerging technologies such as thin films to offset some of the potential gains in silver demand."

By

Neils Christensen

For Kitco News

Time to Buy Gold and silver

Tim Moseley

Gold silver see mild rebounds on short covering

Gold, silver see mild rebounds on short covering

Gold and silver prices are modestly higher in midday U.S. trading Monday. Short covering from the futures traders is featured following the recent selling pressure in both markets. Activity was muted to start the U.S. holiday-shortened trading week. August gold was last up $4.20 at $1,933.50 and September silver was up $0.11 at $23.13.

Asian and European stock markets were mixed to higher in quieter overnight trading. U.S. stock indexes mixed at midday. The S&P stock index futures hit a 14-month high last Friday. Trading was quieter today as many American traders and investors are taking an extra day off, ahead of the U.S. Independence Day holiday Tuesday when all U.S. markets are closed. Some U.S. markets close early today.

It’s still a busy week for the marketplace as the U.S. employment situation report for June is out Friday. The key non-farm payrolls number is forecast up 240,000 versus a gain of 339,000 in the May report.

U.S. Treasury Secretary Janet Yellen travels to China Thursday for meetings with high-level Chinese officials.

  Here's why gold price is above $1,900 despite two looming rate hikes

The key outside markets today see the U.S. dollar index near steady. Nymex crude oil prices are a bit firmer and trading around $71.00 a barrel. Meantime, the benchmark 10-year U.S. Treasury note yield is presently fetching around 3.85%.

Technically, August gold futures bears have the overall near-term technical advantage. Prices are in a two-month-old downtrend on the daily bar chart. Bulls’ next upside price objective is to produce a close above solid resistance at $2,000.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at the February low of $1,846.80. First resistance is seen at today’s high of $1,939.90 and then at $1,950.00. First support is seen at today’s low of $1,917.70 and then at $1,900.00. Wyckoff's Market Rating: 3.5.

September silver bears have the overall near-term technical advantage. A choppy, two-month-old price downtrend is in place on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at the June high of $24.835. The next downside price objective for the bears is closing prices below solid support at the March low of $20.425. First resistance is seen at last week’s high of $23.335 and then at $23.50. Next support is seen at today’s low of $22.91 and then at last week’s low of $22.485. Wyckoff's Market Rating: 4.0.

September N.Y. copper closed up 390 points at 379.85 cents today. Prices closed near the session high today on short covering. The copper bears have the overall near-term technical advantage. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at the June high of 396.40 cents. The next downside price objective for the bears is closing prices below solid technical support at the May low of 356.50 cents. First resistance is seen at 382.50 cents and then at 385.00 cents. First support is seen at today’s low of 375.95 cents and then at 372.50 cents. Wyckoff's Market Rating: 3.5.

By

Jim Wyckoff

For Kitco News

Time to Buy Gold and silver

Tim Moseley

Crazy Battle between Securities and Commodity Hangs Crypto in a Regulatory Limbo

Crazy Battle between Securities and Commodity Hangs Crypto in a Regulatory Limbo 

Welcome to the fascinating world of cryptocurrencies, where digital assets have emerged as a disruptive force within the financial ecosystem. However, navigating the regulatory landscape surrounding these innovative forms of currency can be a bewildering experience. Despite their name, regulatory bodies like the Internal Revenue Service (IRS) do not recognize cryptocurrencies as currencies. Instead, they are often categorized as property, which has significant implications for taxation.

Simultaneously, the Securities and Exchange Commission (SEC) has raised concerns about initial coin offerings (ICOs) and their potential classification as securities. This has led to discussions around registration requirements and investor protections in the realm of cryptocurrencies. As a result, the emergence of cryptocurrencies has not only challenged traditional definitions and classifications of commodity and currency but has also blurred the lines between traditional financial instruments and these new digital assets.

Whether you are an investor looking to navigate the legal complexities of the crypto space or simply curious about the evolving nature of digital assets, this article aims to unravel the intricacies of the crypto landscape and shed light on how cryptocurrencies fit into existing regulatory frameworks. By exploring the classifications of cryptocurrencies as securities and commodities, we hope to provide you with a deeper understanding of their implications and the broader impact on the financial world.

Understanding Traditional Assets

To navigate the complex world of assets, it is essential to grasp the classifications established by regulatory agencies like the IRS, CFTC, and SEC for tax and regulatory purposes. While some definitions rely on legal precedents, such as the renowned Howey Test for securities, others may vary across regulatory bodies. Nonetheless, gaining a fundamental understanding of traditional assets is crucial before delving into the cryptocurrency spectrum.

There are three primary categories into which financial assets are typically grouped:

1. Real Estate:
Real estate, as a category of traditional assets, encompasses the land and any structures or improvements attached to it. This includes residential homes, commercial buildings, factories, warehouses, and even natural resources like minerals or water rights associated with the land. Real estate encompasses the tangible, physical properties and resources tied to a specific location.

When purchasing real property, certain fees and additional expenses contribute to the overall cost basis of the property. Specific rules and deductions apply to your taxes when dealing with real estate. By understanding the intricacies of real estate, including the costs involved in property transactions and the tax implications of property ownership, individuals can make informed decisions when buying, selling, or investing in real estate assets.

2. Securities:
Securities are financial instruments that represent ownership or a stake in a company or entity. They include familiar assets like stocks, bonds, and derivatives. The Securities and Exchange Commission (SEC) is the regulatory body overseeing securities in the United States. To shed some light on the legal aspect, in a significant court case called SEC v W. J. Howey Co. in 1946, U.S. securities law defined securities as "investment contracts."

In simple terms, when someone invests in a security, they expect to profit solely from the efforts of the issuer or a third party involved. These profits can come from selling the security at a higher price, receiving dividends, or earning interest. This landmark case established the "Howey test." It was utilized in various SEC enforcement cases, including disputes involving tokens like Ripple's XRP and the creators of NBA Top Shot, a digital marketplace for sports collectibles known as non-fungible tokens (NFTs).

3. Commodities:
Commodities refer to physical goods traded in large quantities on specialized exchanges. They can include agricultural products like corn and wheat and precious metals like gold and silver. Their current market price typically determines the value of commodities. The Commodity Futures Trading Commission (CFTC) oversees certain aspects of commodities trading in the United States.

However, it's important to note that the CFTC's regulatory authority primarily covers wrongdoing related to commodities futures trading rather than spot trading, which involves immediate transactions of physical goods. Spot trading of commodities doesn't fall under the CFTC's direct jurisdiction like securities do under the SEC.

As the popularity of crypto assets continues to soar, questions arise regarding how these conventional asset categories apply to the growing realm of digital assets.

Cryptocurrencies challenge the traditional notions of physical-focused assets, prompting regulators to adapt their frameworks and policies to encompass these innovative financial instruments. Consequently, exploring the distinct characteristics and implications of digital assets within the context of existing asset classifications becomes imperative.


Image source: Crypto.news

Why the Classification of Cryptocurrencies Matters

To truly grasp the different categories that crypto-assets fall into and how it impacts their regulation, it's essential to understand the meaning behind the Howey Test. The Howey Test has emerged as a widely respected method to classify these assets, and it does so by posing these fundamental questions:

1. Is money being invested?
2. Is there an expectation of earning a profit from the investment?
3. Does the investment involve a common enterprise?
4. Are profits generated through the efforts of others?

If a cryptocurrency meets all four criteria outlined in the Howey Test, it is considered a security. This means that promoters are actively marketing these tokens, while investors anticipate earning profits primarily through the efforts of others. SEC Chair Gary Gensler emphasized this point in a statement on September 8, emphasizing the prevalence of token sales where the public expects profits based on the actions of others. By understanding these criteria, individuals can gain insights into how crypto-assets are classified and regulated under the Howey Test.

If a cryptocurrency is classified as a security, it means that the issuers and exchanges of that cryptocurrency must obtain licenses from securities regulators. However, getting these licenses can be pretty challenging, which is why the crypto industry puts a lot of effort into ensuring that their cryptocurrency sales and projects comply with securities laws.

Issuers try to avoid violating securities regulations by focusing on decentralization. If a cryptocurrency is developed in a way that doesn't have a central group driving up its value, it becomes less likely to be seen as security by regulators. This is why decentralized finance (DeFi) projects work towards decentralizing their development efforts and splitting governance through decentralized autonomous organizations (DAOs). 

They also utilize mechanisms like proof-of-stake as a consensus mechanism. The argument behind this approach is that if people are both investors and actively participate in the project's growth, such as by staking the coin or voting in DAO decisions, they are no longer solely reliant on a third party to generate returns, as required by the Howey test.

The risk of classifying cryptocurrencies as securities is that exchanges may choose not to list them to avoid being fined by the Securities and Exchange Commission (SEC) for trading unregistered securities. Cryptocurrencies may face state-specific rules and regulations. For instance, the New York Attorney General filed a lawsuit against KuCoin, and multiple state regulators have teamed up to target a coin featuring Elon Musk's image called TruthGPT Coin. These cases highlight the potential legal complications that can arise.

The SEC has provided guidance on initial coin offerings (ICOs) and digital assets. In their framework for the investment contract analysis of digital assets, the SEC emphasized factors such as the speculative nature of many ICOs and their lack of utility as payment or store of value, which could lead to these coins being classified as securities. Kik, an ICO project, faced legal consequences when its CEO said buying its tokens would result in significant profits. The SEC sued Kik, and the company was fined $5 million, nearly pushing them to bankruptcy.

Conversely, the Commodity Futures Trading Commission (CFTC) argues that cryptocurrencies like Bitcoin and Ether are commodities and can be regulated under the Commodity Exchange Act (CEA). The CFTC's rationale is based on the fact that cryptocurrencies like Bitcoin are interchangeable on exchanges, just like sacks of corn of the same grade have the same value. This determination was reinforced in the CFTC's case against Bitfinex, a crypto exchange, and Tether, a stablecoin issuer, where the agency stated that digital assets like Bitcoin, Ether, Litecoin, and Tether are all commodities.

Determining whether cryptocurrencies fall under the classification of securities or commodities has significant implications for their regulation. It affects licensing requirements, listing on exchanges, compliance with securities laws, and potential legal consequences. These classifications shape the regulatory landscape and play a vital role in how cryptocurrencies are treated within the financial ecosystem.


Image credit: Markethive.com

Where Things Stand in The Ongoing Regulatory Debate

The regulatory landscape for cryptocurrencies is constantly evolving, and it's challenging to predict how it will look in the future. Various stakeholders and factors are involved, making it a complex situation. In the United States, Congress has made efforts to grant the Commodity Futures Trading Commission (CFTC) broader authority to regulate the spot trading of non-securities tokens. Among these tokens, Bitcoin is currently the only one that both agencies, the CFTC and the Securities and Exchange Commission (SEC), openly agree on its classification.

One possible outcome of this ongoing debate is that specific cryptocurrencies may be classified as securities while others are treated as commodities. This would create an even more intricate regulatory landscape where different cryptocurrencies are subject to different rules and regulations.

Alternatively, lawmakers could establish crypto as its distinct asset class, introducing tailored regulations specifically for cryptocurrencies. This approach is largely followed by the European Union, which has implemented the Markets in Crypto Assets (MiCA) regulation. MiCA outlines steps that crypto issuers, wallet providers, and exchanges must follow to protect consumers and ensure fair trading.

However, even with these regulations in place, there may still be some legal areas that need to be addressed on a case-by-case basis. For example, determining whether a particular series of non-fungible tokens (NFTs) must adhere to specific rules. As the discussions continue and regulatory bodies navigate the complexities of cryptocurrencies, it remains a dynamic and evolving landscape with ongoing developments that will shape the future of crypto regulation.

Controversial Guidelines on How Cryptocurrencies Are Classified

The classification of cryptocurrencies has been a contentious issue, with different U.S. regulatory agencies offering their own definitions. The Securities and Exchange Commission (SEC) labeled cryptocurrencies as securities, considering them investment assets that generate returns. This categorization was based on federal security laws and the belief that anything traded on an exchange qualifies as a security, including cryptocurrencies.

However, the Commodity Futures Trading Commission (CFTC) took a different approach. Following a court ruling.pdf, the CFTC gained the authority to regulate digital currencies as commodities, treating them similarly to products like coffee and oil.

Additionally, the Internal Revenue Service (IRS) defined cryptocurrencies as taxable property for federal tax purposes, adding another layer to the classification debate.

Two other agencies, the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), also provided their guidelines. OFAC considered digital currency on par with fiat currency, while FinCEN categorized cryptocurrencies as a form of money. These distinctions diverged from other agencies' commodities, property, or asset classifications.

These conflicting definitions within the same government highlight the challenge businesses face in legally classifying cryptocurrencies. However, efforts have been made to bring more clarity. For example, the SEC clarified that it does not consider Ethereum and Bitcoin securities but focuses on Initial Coin Offerings (ICOs). While there is an ongoing debate, this statement narrows the understanding of cryptocurrencies within the United States.

The different classifications can create confusion for businesses, which may struggle to understand which regulations apply to them. This confusion can lead to legal risks if companies fail to comply with the appropriate regulations. It can also discourage some businesses from entering the cryptocurrency market due to the uncertainty and complexity of regulations.

Moreover, the classification can impact innovation in the crypto industry. If a new cryptocurrency is classified as a security, it may deter innovation due to the stringent regulatory requirements. Conversely, if classified as a commodity, it may encourage development due to the relatively less strict regulations.

However, it's important to remember that the regulatory landscape for cryptocurrencies is still evolving, and changes may occur in the future that could affect crypto businesses. Therefore, it's crucial for companies to stay updated on the latest regulatory developments and seek legal advice to ensure compliance.

Classifying cryptocurrencies as securities or commodities is complex, with significant implications for investors and regulators. As the cryptocurrency market continues to evolve, it may be necessary to reevaluate and refine these classifications to reflect this asset class's unique nature accurately.

While the current classifications provide some clarity, they also highlight the need for a more nuanced regulatory framework to accommodate cryptocurrencies' distinctive characteristics. This is a challenge that regulators worldwide will need to address in the years to come.

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

Fed will raise rates to 6 in 2023 gold could hit 10k by 2025 – Tom Luongo

Fed will raise rates to 6% in 2023, gold could hit $10k by 2025 – Tom Luongo

The Federal Reserve will hike interest rates to 6 percent in 2023, according to Tom Luongo, Publisher of Gold, Goats 'n Guns.

Luongo had correctly forecast in 2022 that Fed Chair Jerome Powell would continue to hike into the 4.5 to 6 percent territory in 2023, when many analysts were forecasting a pivot or pause.

"I think he [Powell] will raise again, and possibly even raise multiple times before the end of the year," Luongo told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. "We'll wind up somewhere around 6 percent by the end of the year."

Since March of 2022, the Federal Reserve has raised interest rates by 500 basis points in an effort to reduce inflation, which reached a peak of 9.1 percent in June of 2022.

The Federal Funds Rate is currently in a range of between 5 and 5.25 percent.

The Fed had previously slashed rates to zero in 2020 to help the U.S. government facilitate COVID-related relief. This, analysts claim, led to high inflation in 2022.

Luongo said that Powell was "forced" into a loose monetary policy, even though he personally was against it.

"Powell has always been a hard money guy," Luongo explained. "I think that COVID forced him into policy he didn't want."

To find out why Luongo thinks that high inflation will return, and what the Fed will do about it, watch the video above

Banking 'Implosion'

As the Fed tightens monetary policy, Luongo expects more bank failures across the United States.

"I just see the entire banking system imploding, detonating like a nuclear bomb," he said.

The U.S. banking system faced uncertainty following the failures of four major banks early this year. The latest bank to fail, First Republic, had over $200 billion in assets under management, making its collapse the second-largest in American history.

Luongo sees commercial real estate loans, which many regional banks are exposed to, as a catalyst for the next series of bank failures.

"You've got 20 percent vacancy rates in hot markets like Dallas and Miami," he observed. "[Regional banks] are exposed to a lot of commercial real estate… all credit-based assets are going to deflate."

To find out whether Luongo believes that another bank collapse would cause Powell to pivot, watch the video above

Gold

As the banking system collapses and the economy enters a recession, Luongo is forecasting that hard assets like gold will benefit.

"If we look at the 1970s as a model, we are looking at $8,000 to $10,000 in gold minimum, over the next couple of years," he forecast. "If the dollar collapses on the other side of Jerome Powell, then things could get very interesting for gold and gold investors."

To find out Luongo's outlook for gold miners, watch the video above

By

Cornelius Christian

For Kitco News

Time to Buy Gold and silver

Tim Moseley

Beyond Infinity From Start to Infinity

Beyond Infinity
From Start to Infinity!

Just like the word "Infinity" implies… there is No Ending
or Finish Line. Beyond Infinity is here to help you earn
an unlimited income, limited only by you!

Beyond Infinity is a one-level affiliate platform in the Referral Marketing arena.
We are not a Network Marketing company or an MLM. When you become an
affiliate member, you are NOT an employee of the company. You are an
independent affiliate. Beyond Infinity is not an investment company and we are
not Traders, and our members are not investors. The company does have its own
private investments and they are sharing their personal profits with the members
as Profit Share Earnings in Beyond Infinity Gold (BIG). The company makes a great
deal more in profits than what they are sharing with the members, in BIG.

As to the marketing campaign contributions that are made and will provide a
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Therefore,
we are not investing for the members, but we are investing for the company. And
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We strive to ensure that all information shared with you is as accurate as possible,
however, we make no representation or warranty of any kind, express or
implied, regarding the accuracy, adequacy, validity, reliability, availability, or
completeness of this information. 

The images and graphics that we will be using in
this presentation will be for educational purposes only, as each person's
experience may be different, depending on their own personal efforts.
Please do not take this as any form of financial advice. We are not financial
advisers. 

Never risk more money than you can afford to lose in any online
program. And all online programs involving cryptocurrencies involve some risk.
Every person considering joining any online program should do their own due
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How It All Begins
Becoming an affiliate member of Beyond Infinity begins with our Registration
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We have three categories of initial memberships:
Free Members – A person can register, for free, directly with a specific sponsor
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become a paid member. As a free member, when you personally refer at least 2
new paying members, in a short amount of time, you will have earned enough to
have your product automatically purchased for you, making you a paid member.

Free Member in our Benefactor Pool – A person can register, for free, through any
of our BIG Ambassador or Country Ambassador special links for the Benefactor’s
Pool. When registering in the Benefactor’s Pool, you will receive a P.I.F. (Pay It
Forward) from another member or from the company within a specified period.
When a member gives them a P.I.F., that Benefactor Pool member becomes a paid
member and the member who gave them a P.I.F. will become their sponsor.
Paid Members – A person can register, for free, directly with a specific sponsor
then pay for their product themselves or receive a P.I.F. from their sponsor or an
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Our Product
When you pay the one-time, out-of-pocket $50 for our Beyond Infinity exclusive
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As a paid member, you will see the E-BOOK tab in your back office.


The mission of our exclusive eBook is to educate the global population regarding
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You Can Earn At Your Own Pace
Now that you have become a paid member, you have several options available to
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If you want to remain a totally passive member, then once you have become a
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You can find out how to make a contribution to our marketing campaigns by
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All contributions are added as a deposit to your BIG account, with 80% of that
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There are many reasons to have a BIG account. As mentioned before, when you
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all deposits into your BIG account, 80% of each deposit will go into your BIG
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The goal of having a BIG account is to allow your money to grow for you so that
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Would you like to save for your retirement?
Would you like to start a College Fund for your child or grandchild?
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Are You Ready To Be Your Own Boss?
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Active Ways You Can Earn
Your Personnal Referral Link – You can share your personal referral link with
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Your BIG Ambassador Link – As a BIG Ambassador (BA), you will receive a special
link for our Benefactor’s Pool. Anyone that registers through your BA link will
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and they receive a P.I.F., they will count towards your BA Rewards.

Becoming a BIG Ambassador
When you become a BIG Ambassador (BA), you are representing Beyond Infinity
and we expect our BIG Ambassador’s to be members of integrity who are making
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The Qualifications – Only paid members can become BAs and before you can sign
up, you must complete the following first:

1. You must complete your Profile, including adding your USDT-TRC20 Wallet
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After completing the requirements above, click on the Sign Up button, under the
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Becoming a BIG Ambassador is all about helping others to be able to get started
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BIG Ambassador Rewards
For every 5 new members who register for the Benefactor's Pool, through your
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Each time you earn a reward, you will be presented with this option to make a
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And you can make a different choice each time.
Each reward deposit is non-withdrawable but will add to your BIG Balance,
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*When you build your points up to enough where you can make a contribution,
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who make a direct contribution.
Please remember that there is a BIG difference between your Personal Referral
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personal referral, you will give them your personal referral link on your
Dashboard. 

And if you are just wanting to help someone join Beyond Infinity, for
free, and receive a P.I.F., even though you will not become their personal sponsor,
then please share your Benefactor’s Pool link which can only be found on your BA
page. Whichever link some uses to register, that is where they will remain, either
as a personal referral or in the Benefactor’s Pool. And this cannot be changed.

Become A Benefactor
Becoming a Benefactor is one of the highlights of being a Beyond Infinity member.
As we are changing the paradigm of what it means to Pay It Forward (P.I.F.) for
someone. Our Benefactor’s Pool is part of our Monumatic Marketing Machine,
the Triple M! The new members that our BIG Ambassadors and our Country
Ambassadors bring into the Benefactor’s Pool not only help those who are waiting
to receive a P.I.F., but we have made it very easy for you to give them a P.I.F. and
become their personal sponsor.

Whenever you P.I.F. someone from the Benefactor’s Pool, for the one-time $50, as
your personal referral, you will receive a $40 commission and you will also receive
the 10% Match on their BIG earnings, each week. And because you are getting
$40, right back, you are actually only paying $10 for someone’s product cost.

The way that Beyond Infinity has structured our Benefactor’s Pool, the $10 that
you are not receiving back, instantly, will be earned over and over again, as you
begin to collect the weekly 10% Matches on their BIG Earnings. Therefore,
everyone wins when you Pay It Forward for someone. The company gets a new
paid member, the new member gets a sponsor who has paid for their product,
and YOU get a $40 commission and unlimited 10% Matches on their BIG earnings!

The Infinity Plan
Our most popular active, and fastest income producer is our Infinity Plan. When
you start personally referring others, you are actively earning an income. As
everything in Beyond Infinity is automated, when you start earning commissions,
you are automatically added to our Infinity Plan to begin earning Coded
Commissions and Matching Bonuses. 

Your Infinity Plan subscription is $40, every
28 days but it is paid out at $10, every 7 days. This subscription fee does not
come from your pocket but instead it comes out of your Infinity Reserve Account.
Your Reserve Account maintains a cap of $40, at all times, to cover your Infinity
Plan subscriptions and can only be filled from new earnings. Here is how your
Reserve Account is filled and your Infinity Plan subscriptions are covered.

When you have your first paid personal referral, you will receive a $40 commission
that goes into your Reserve Account. $10 is immediately pulled to pay for your
first 7 days in the Infinity Plan. You are not earning yet, but before others can
follow you into the Infinity Plan, you must be there first. Your Reserve Account
balance is now $30.

When you have your second paid personal referral, you will receive a $40
commission that is also added to your Reserve Account. And depending on
whether or not you get a second paid personal referral before your 7 days are up,
in the Infinity Plan, then your Reserve Account balance will become $70. And
from that balance, $50 will be pulled to pay the one-time cost for your Honey
Production Line (HPL – I). And you will have a Reserve Account balance of $20.

We will discuss the HPLs in a later section.
When you have a third paid personal referral, you will receive a $40 commission
and because your Reserve Account balance is only $20, then $20 of your new
commission will go back into your Reserve Account to bring the balance back up
to $40 and the remaining $20 will go into your Internal Wallet. This is your main
wallet where you can make withdrawals from your Beyond Infinity account.
From this point forward, your Reserve Account will only be used to pay your
Infinity Plan subscriptions, at $10, every 7 days. And for every new $40
commission you receive, or Infinity Plan income, or any HPL income, your Reserve
Account will be considered first, to bring the balance back up to $40, then the rest
will go into your Internal Wallet.

The Infinity Plan Calculator
Now that you understand how your Infinity Subscription will be paid, let us take a
look at one simple calculation of how you can start earning from the Infinity Plan.
And if you understand this one screenshot, then you will understand that as your
numbers increase, so will your income. You can play around with the Infinity
calculator, by clicking on Programs, then click on Infinity Plan.

Also, note, that when we speak of personal referrals, regarding the Infinity Plan,
we are speaking of those who are Active in the Infinity Plan. And how do they
become active in the Infinity Plan? They need to have at least 1 personal referral.
And the $40 commission earned from that referral will automatically put them
into the Infinity Plan, following YOU. The Infinity Plan income can become very
lucrative to your Beyond Infinity business.

You can also use the Benefactor’s Pool to help anyone in your organization achieve
their first personal referral, by selecting their username, on the Benefactor’s Pool
page, instead of purchasing a P.I.F. for yourself. And if your personal referrals who
are active in the Infinity Plan did the same thing, you would be amazed at your
Infinity Plan earnings.

If each member personally referred only 3 members, who are active in the Infinity
Plan, your generations would grow, and so would your income in the Infinity Plan
and the HPL. Once you understand these basics, you will understand how to
reach even higher income amounts by referring more than 3. But here is what
you can accomplish in the Infinity Plan with just 3 who get 3, down 3 Generations:

Infinity Personals 3
Your Personal's Avg. 3
Generations 3
1st Generation 3
2nd Generation 9
3rd Generation 27
Group total (3+9+27) 39
Weekly income $36.25

For more detailed information concerning Coded Commissions and Matching
Bonuses, please see the PDF, “Beyond Infinity – Compensation Plan – Coded
Members and Coded Commissions” in the Training section of your back office.

The Honey Production Line (HPL)
The Honey Production Lines or HPLs are one of our most fun ways to receive an
active income because just like everything else, it happens automatically.
Remember, when a member receives their second personal referral, the system
will automatically pay the one-time cost of $50 for their HPL – I. And with you
being their sponsor if you have an active HP – I, then you will be the one to
receive that $50 directly to your Internal Wallet.

And the fun part about this is that it is just extra income that you can receive on a
continuous basis, over and over again. As you can see from the image above, we
have three different HPL’s; HPL – I for $50, HPL – II for $100, and HPL – III for $200.
The $50 HPL – I is the only one that is mandatory and happens automatically and
is paid from your Reserve Account.

When you have someone land in your first two positions, you receive those $50
payments directly into your Internal Wallet and when you receive the $50 for your
third position, that is used to give you a brand new HPL – I to start all over again.
And as your generations begin to grow, you will see that the process is the same
for everyone and that is why this is continuous income.
The HPL payments are made to the first upline member who has an active HPL in
the same category that was paid.

For example, when those on your second generation receive their second
personal referral (your third generation), this pushes your second generation to
pay the HPL – I income to your first generation (your personals) and as your first
generation begins to recycle their HPL – I, they are paying you the $50 over again.
The HPL – II and HPL – III work the same way, except they are not mandatory.

However, if you as an upline member do not have an active HPL – II or HPL – III,
then when someone in your organization makes that voluntary payment, then,
those monies will go upline to the next available member who does have an active
HPL – II and HPL – III, until you become active in the HP – II and HPL – III.
Therefore, you may miss those first payments but when those members come
back around to make a new HPL – II or HPL – III payment and you have activated
yours, then you will receive the new payments.

The HPL – II and HPL – III can be paid manually or you can set them to be paid
automatically, on your Dashboard. If you set them to be paid automatically, then
once you have an extra $100 in your Internal Wallet, then your HPL – II will be
purchased. And once you have an extra $200 in your Internal Wallet, then your
HPL – III will be automatically purchased. And this way, you won’t have to worry
about missing any HPL payments.

Internal Wallet Deposits to Your BIG Account
Now that you have begun earning an active income, you are also eligible to make
manual deposits into your BIG account, from your Internal Wallet. This means
that you can build your BIG Balance to the point where you will start receiving
automatic withdrawals from your BIG Wallet, directly into your Internal Wallet,
that much faster. And once this begins, you can count on weekly deposits to your
Internal Wallet while your BIG Balance continues to grow, without interruption.
We really do have the perfect platform to earn as much as you want, as often as
you want, and completely automatic!

We hope that you can see that Beyond Infinity is the perfect platform where you
can earn, however you choose, and at your own pace.
Everything is completely
automated and even if you do not understand how everything works, your money
will always fall in the right place at the right time to build a lifetime of wealth.

BIG Auto Club

Everyone loves a brand new car and our members are no different. And what about a brand new car that is completely paid for and you are the titled owner, within one year of making your contribution? YES, when you make a 1% marketing campaign contribution, the value of your brand new car will be 100 times the amount of your contribution.

Here are the specified 1% contribution amounts: $250, $500, $750, $1,000, $1,250, and $1,500. And the BEST part is that all paid members who make a specified contribution WILL receive a brand new car… not just some, but Everyone!

For example, if you contribute $250, in one year’s time, you could have a brand new car valued at $25,000; a contribution of $500, could get you a brand new car valued at $50,000; a contribution of $1,000 could get you a brand new car valued at $100,000, and a contribution of $1,500 could get you a brand new car valued at $150,000!

Tim Moseley

Here’s why gold price is above 1900 despite two looming rate hikes

Here's why gold price is above $1,900 despite two looming rate hikes

After testing $1,900 an ounce, gold has come out on top, saving itself from a more significant selloff if prices dropped below this psychologically important level.

Gold is wrapping up the second quarter down more than $80, the worst performance since the third quarter of last year. At the time of writing, August Comex gold futures were trading at $1,925.80 an ounce, up 0.41% on the day.

But there have been some positive signs. Gold's downtrend has been slow and steady and not sudden and steep. Also, it held the $1,900 an ounce level.

"I'm surprised by the resilience in gold given the moves in the U.S. bond market – still, for now, I question if growth equity (such as the NAS100) continues to march higher if U.S. bond yields are trending higher, and how this offers the USD tailwinds," said Pepperstone's head of research Chris Weston.

Federal Reserve Chair Jerome Powell's message of at least two more rate hikes this year filtered through the market, weighing gold down and pushing the U.S. dollar higher.

But the fact that prices have not fallen below $1,900 an ounce shows resilience in the gold market, with increasing sentiment that the equity rally won't last.

"While an environment in which interest rates are likely to continue rising is unhelpful for this non-yield bearing asset, investors are still not convinced of the bull case for equities, especially with some countries potentially already in recession," said Kinesis Money market analyst Rupert Rowling.

What's holding gold up?

If the $1,900 was taken out, OANDA senior market analyst Edward Moya told Kitco News that there would be significant technical selling.

But one of the reasons gold held up was because markets are yet to price in two rate hikes by the Fed, Moya pointed out. According to the CME FedWatch Tool, there is a nearly 90% chance of a 25-basis-point rate hike in July and a 70% chance of another pause in September.

"Will inflation prove stickier, and will the Fed deliver two more rate hikes? Is it being priced in yet? No," Moya said. "Today's PCE data showed that inflation is cooling, but barely."

Right now, gold is not very attractive, but it could have its big moment when the market reassesses how much more aggressive the Fed will have to be to bring down inflation, Moya added.

"More Fed rate hikes are normally bearish for gold. But given the positioning in the market, we could see a stock market selloff and a return of strong demand for the safe haven," he said. "That is not an environment where gold will be collapsing."

Moya is anticipating range-bound trading in the short term, with risks to the downside if gold drops below $1,900 an ounce. "If we break below that level, it could get ugly. But I don't think it is going to happen," he said.

This type of trading might be enough to keep gold from falling lower. But at the same time, significant gains are not likely in the short term, said TD Securities global head of commodity strategy Bart Melek.

"At 4.6%, the U.S. May y/y core PCE is slightly lower than expected, and with weaker personal May personal spending, the market drove yields lower," Melek said. "With that, the USD dropped, and gold bounced convincingly above $1,900/oz. This reduces the risk of a drop down to the 200d ma, for now."

With more evidence that inflation in the U.S. might have peaked, the selloff in gold has likely run its course, Walsh Trading co-director Sean Lusk told Kitco News. "But gold better holds this level," said Lusk. "Gold needs to take out $1,966 to turn bullish."

The precious metal will move higher only after the equity market reverses its rally, Lusk added. "If the stock market keeps chugging, there will be less demand for gold. Stock market rallies will bring up inflation, and that will keep the Fed raising rates, with the U.S. dollar being the winner in this," he said. "Don't think the stock market will extend here as we get to Q3."

The U.S. dollar's strength is why rallies in gold have been sold, Lusk added.

If gold drops below $1,900 an ounce, investors should pay attention to $1,850-$1,814 levels. "If we can't hold that, then a drop to $1,720 is possible. That's a bear scenario," he said.

Next week's data

Monday: ISM manufacturing PMI

Thursday: U.S. jobless claims, ADP nonfarm employment, ISM services PMI

Friday: U.S. nonfarm payrolls

By

Anna Golubova

For Kitco News

Time to Buy Gold and silver

Tim Moseley

When fiction reveals the flaws in well-thought-out plans

When fiction reveals the flaws in well-thought-out plans

In both comedy films and real life, we often encounter situations where meticulously crafted plans fall flat on their faces. This article takes a humorous perspective on the notion that sometimes fiction can be more viable than a supposedly well-thought-out plan. While the focus of this article is the recent decline in gold, it also draws parallels to a comedic dialogue from Men in Black and a plan devised by Chairman Powell to reduce inflation. The common thread is the inherent flaw in assuming success without understanding the full truth behind the processes involved.

Gold has experienced a downward trend over the past two months, culminating in a deep price correction. Currently, gold futures are trading at a low of $1912.30, falling below a critical price support level. The failure to close above the 61.8% Fibonacci retracement suggests a higher probability of gold futures drifting towards $1900 next week, with little support until $1870. This situation highlights the fallibility of well-intentioned plans that overlook critical factors.

A Lesson from The Men in Black

The comedic dialogue in Men in Black's third installment provides an excellent example of the absurd assumptions that can lead to plan failures. When the alpha villain Boris the Animal time travels to Earth seeking revenge, he asks the younger Boris about their plan. The confident response is to prevent the deployment of the ArcNet and eliminate anyone who tries. However, the older Boris humorously points out that despite the seemingly foolproof plan, it ultimately fails. This parallel serve to illustrate the moral of the story—the preposterous assumption that underpinned the plan's flawed nature.

Boris the older animal asks: What's your plan?

The younger Boris responds with absolute certainty saying in a loud and threatening alpha voice… “Prevent the ArcNet from being deployed. Kill anyone who tries!”

It is this response that is overwhelmingly humorous when Boris the Animal says:

The older Boris responds sarcastically saying good plan – didn't work.

Chairman Powell's Plan and Inflation

MarketWatch published an article discussing Chairman Powell's plan to reduce inflation, which, like the fictional dialogue, is riddled with flawed assumptions. While sounding plausible on the surface, the plan lacks the necessary ingredients for success. The article highlights the steps Chairman Powell believes are necessary to address inflationary pressures but reveals that the plan is not yielding the desired outcomes. The flaws in these scenarios arise from incorrect identification of the processes needed to tackle the problems at hand.

The Complex Failure of Well-Thought-Out Plans: Both the fictional dialogue in Men in Black and Chairman Powell's plan exemplify the failure of well-thought-out plans. Despite the initial plausibility, these plans are deeply flawed, leading to improbable outcomes. The article emphasizes the theme of flawed assumptions, which can doom even the most meticulously crafted strategies to failure. While humor in fiction can entertain, it is disconcerting when real-life failures result from incorrect assessments of the problems at hand.

The Federal Reserve's Attempted Solutions

Persistent inflation has prompted global central banks, including the Federal Reserve, to employ interest rate hikes as a means to combat inflationary pressures. However, these rate hikes have failed to achieve their intended effect of lowering core inflation, which remains persistent at levels above 4%. Each rate hike has shown no direct correlation with a reduction in inflation within sectors. The explanation for this planning failure is succinct: "Good plan; didn't work."

In both fictional and real-life scenarios, plans can fall victim to flawed assumptions and incomplete understandings of the underlying processes. The recent decline in gold value serves as a backdrop to highlight the fallibility of well-thought-out plans. By examining the comedic dialogue in Men in Black and Chairman Powell's plan to reduce inflation, we uncover the importance of comprehending the full truth behind a problem before formulating solutions. The failures depicted remind us that the best plans do not always guarantee success when they lack a solid foundation of accurate information and analysis

By

Gary Wagner

Contributing to kitco.com

Time to Buy Gold and Silver

Tim Moseley

What’s next for gold price if chances of a recession are ‘slim’ Metals Focus weighs in

What's next for gold price if chances of a recession are 'slim,' Metals Focus weighs in

The resiliency in the U.S. economy is forcing markets to re-price the monetary policy outlook for the rest of the year. And as gold looks to end the month down $65, Metals Focus analyzed how much lower gold can fall in light of stronger-than-expected economic indicators.

Gold is seeing its worst month since February as markets shift expectations, pricing in a nearly 100% chance of a rate hike in July. After kicking off the month above $1,980 an ounce, August Comex gold futures last traded near 3.5-month lows at $1,916.

"After surging to $2,063 in early May, just short of its all-time peak, the yellow metal is now trading closer to $1,900 as some of these expectations have been re-priced," leading precious metals research consultancy Metals Focus said in its latest report.

Central banks worldwide renewed hawkish rhetoric during the first month of the summer, accelerating their inflation fight due to surprisingly strong economic growth, which remained unaffected by the most aggressive hiking cycle in decades.

The latest macro surprise was the final estimate for the U.S. Q1 GDP data that showed the economy growing at 2%, up from the previous estimate of 1.3%.

"The resilience of the U.S. economy so far this year, combined with still sticky core inflation, has led financial markets to re-evaluate both the prospects for the U.S. economy and rates going forward ahead; this, in turn, has triggered a correction in the gold price," said Metals Focus.

Stubborn inflation and a tight labor market mean interest rates could remain high for longer, and rate cuts are likely off the table for this year. This is a key driver for gold for the rest of this year.

The biggest problem with inflation is in the service sector. Federal Reserve Chair Jerome Powell has been raising alarm that the longer inflation remains elevated, the higher the risk of it getting entrenched. "Don't see us getting back to 2% this year or next year," Powell said Wednesday. "The passage of time is not in our favor."

Powell is projecting two or more rate hikes this year, and the markets are starting to get on board, with the CME FedWatch Tool pricing in a nearly 90% chance of a 25-basis-point rate hike in July.

And the Fed is not alone, with the European Central Bank, the Bank of England, and the Swiss National Bank embracing more rate hikes recently. "This highlights that inflation control will remain a priority over economic growth, and so it is unlikely that the Fed will resort to rate cuts aggressively if a recession is avoided," Metals Focus pointed out.

Given the current macro environment, the chances of an outright recession "remain slim," according to the report. The latest leading indicators supporting this view include a tight U.S. labor market and June's consumer confidence data hitting the highest levels since January 2022.

This could spell trouble for gold in the short term, with prices at risk of falling below the $1,900 an ounce level.

"Similar to the boost gold received when interest rate expectations transitioned from a hawkish to dovish stance, we believe that the adjustment to a reality of no cuts for longer will weigh on gold," Metals Focus said. "This has been already evident in the past two weeks as financial markets have completely ruled out rate cuts in 2023, which has seen gold fall below $1,920."

From a technical perspective, gold can drop to $1,730 an ounce, around 10% down from current levels. However, the annual price average for 2023 will likely be at $1,890, Metals Focus added.

The case for holding gold is still intact, the report noted, pointing to geopolitical risks and strong central bank gold demand as drivers limiting the selloff in gold.

By

Anna Golubova

For Kitco News

Time to Buy Gold and Silver

Tim Moseley

UPDATE: Phase Three of the Markethive Wallet Completed Version Now Installed On Markethive What’s Next?

UPDATE: Phase Three of the Markethive Wallet. Completed Version Now Installed On Markethive. What’s Next?

Since Phase Two of the wallet has been integrated and working successfully since November, it’s time to introduce Phase Three. The completed wallet has been installed on the Markethive site. Phase Three is the final stage of the wallet that is now operational for Entrepreneur One (E1) members in a type of Beta version, if you like, before it officially opens to the Markethive community. 

This is a culmination of 5 years of intense early work to reach this point, and we are on that cusp. E1s can currently view the new look of the wallet, particularly the Hivecoin Report. Markethive’s engineers are now systematizing the other fundamental components needed for a synchronous and successful wallet launch. These are the Entrepreneur One Exchange, Markethive Premium Upgrade, and the PROMOCODE system, housed in the new capture page for MARKETHIVE.NET and is for E1s only. 

The non-E1 KYC-approved members will see the banner announcement pictured below until its full release. They also have the opportunity to upgrade to Entrepreneur One to gain early access and take advantage of all the benefits offered, including becoming a shareholder by securing the ILP (Incentivized Loan Program), which will pay a monthly dividend on the net profit of Markethive’s revenue. 

Google Authentication – 2FA Is Moving

One specific adjustment that Markethive will apply is the 2FA. Instead of it being required to log in to Markethive, the 2FA will be moved to the wallet. KYC Application has also been relocated to the Security section of the wallet. Soon, you will find 2FA with the KYC Application and Wallet Security housed under the Security Tab listed in the wallet. 

Until you activate 2FA Google Authenticator, access to the different wallet functions will be restricted. Many exchanges operate similarly. However, Markethive is more than an exchange, so Markethive’s commitment to getting the KYC, ILP, and the complete back-end security totally polished is of the highest priority. 

Along with this change, new signups will be able to utilize the Markethive tools for a short time (30 days). In other words, give it a test drive. However, they won’t get the airdrop or qualify for the micropayments until they are KYC’d. They will be prompted to complete the KYC/2FA process immediately upon joining Markethive to activate these incentives and gain access to the Hivecoin wallet. Failing to do so will result in the termination of their account after 30 days. This process will eliminate abandoned accounts. 

On a related topic, another change is that old accounts that have not been logged into for an extended period will not be terminated. 

Markethive is delivering a bank, not an exchange per se. We are an ecosystem with Markethive Credits, ILPs, Markethive Tokens, or MHVs, used internally for micropayments and the Hivecoin (HVC) with a total supply of 45 million. All these components have value and are the DNA of Markethive, so its security is paramount. Markethive is also working on eliminating all 3rd parties that could disrupt the operations of Markethive. We have already relocated to our sovereign cloud systems and servers. 

Ultimately when the new dashboard is integrated, very little of Markethive’s systems will operate until you complete KYC and 2FA. It will be mandatory to carry out the KYC process and be approved to access the wallet. In the near future, only KYC-approved members will have access to all the services in Markethive, including free members. Until KYC is approved, free members can only observe and comment on the main news feed. 

It’s important to remember that in Markethive’s case, KYC is for the community’s benefit of knowing who they are engaging with and not for governmental regulations, unlike exchanges and others.  It assures Markethive members that you are a real person, dedicated to honest and transparent relationships in business and socially. The purpose is to have an active, dynamic, and secure “hive of people.” Note that once KYC is approved, the documents uploaded to attain approval are all deleted; Markethive does not keep these documents. 

The short selfie video required in the Markethive KYC protocol is kept for the purpose of retrieving access to your account. In the event that you lose your device and the 2FA app required to utilize your Markethive wallet or any other service that requires KYC, the admin will be able to verify you with the video they have. All you’ll need to do is make a video requesting access to your account with the reason why you lost access. 

The video prerequisite is another layer of security to prevent your account from getting hacked. It also prevents members who have signed up but are not verified from hacking or spoofing.   

Coin Storage and Reports

The wallet has two coin storage balances: the Hot Wallet Balance and the Cold Storage Balance. The cold storage part of the wallet is a very secure one-way system. It requires a tremendous amount of authentication to retrieve coins from the cold storage balance and transfer them to your hot storage balance.  

Members who are KYC-approved but have yet to upgrade to either the Premium Upgrade (coming soon) or the Entrepreneur One (currently available) will have a limited withdrawal amount of 0.01 HVC from their cold storage per day. There will be no limit to sending HVC from your Hot Wallet to your chosen self-custody wallet. (Exodus, Phantom, Atomic, etc.) 

The amount of HVC that can be transferred from cold storage to the hot wallet will be unlimited for the E1s. Markethive recommends that once you’ve moved your coins from cold storage to your hot wallet, you move them into your personal 3rd party wallet. E.g., Exodus, Phantom, Atomic, et al., or whatever you determine what wallet is best for you. 

Hivecoin (HVC) is a Solana token but has not officially had the name assigned yet. E1s with early access who want to give the system a test run will need to acquire a specific type of wallet, set up the Hivecoin Meta address, and give it the name HIVECOIN to list it in that wallet. 

HIVECOIN's META address is: APRXuct2fy7yXeSPcS5r4pTdh6P34xhqj1Pio1dyc1j6

There is a Beta group of E1s currently testing it. However, there has been some difficulty in achieving this for some, at this time, including myself; however, you can try it. The Phantom wallet is recommended for Beta until we reach the threshold of having HVC officially named and available to list on various self-custody wallets.  To learn more about self-custody wallets, go here

Please be aware that this takes time, but once it’s done, it’s set in stone if you like, so it has to be incredibly secure and compliant. It needs to be streamlined before the floodgates open. 

Projects In The Works

Several projects are now in the works and will be timed to release at the end of the 30-day Wallet launch announcement. 

Markethive.net Website and Promocode

One of the components and fundamentals required before the wallet’s final release is the Markethive.net Promocode website. The comprehensive website includes navigational links to white papers on many aspects of Markethive and is exclusive to the Entrepreneur One Status.  

The white papers listed include the Role of Community, Markethive Broadcasting, Business Liability, Inbound Marketing, The ILP,  and the Traffic Report. The E1 members will be given promocodes for an incentive with an offer of the Markethive products, such as The Boost or Wheel of Fortune, impressions, and tokens.

The countdown ticker on the website homepage will align with the official launch of the wallet and be the focus of a marketing campaign prior to the release. 

The Premium Upgrade

The Premium Upgrade is another component on the table to be released at the end of the 30-day countdown to the final launch of the wallet. It is aimed at free members who want to take advantage of the many features and benefits that will accelerate their earnings and results. The upgrade has five price levels starting at $9.95 per month. You can find out more about the Premium Upgrade here

Notably, the revenue generated from the Premium Upgrade initiative is primarily income, meaning the ILP holders can look forward to the dividends of their ILP shares.

The Entrepreneur One Exchange 

Another project in the works is the E1 Exchange. (E1X) Upon the final launch of the wallet, the Entrepreneur One Upgrade will not be available for any new or free members from the Markethive administration. However, they can be acquired through our E1X. Here are the preliminary specifications for sellers and buyers. 

Seller Specifications

  • The seller must have an active Entrepreneur One or more than one to sell.
  • The seller can only list E1 accounts singularly. Cannot sell E1s in batches of 2 or more.
  • The seller sets a reserve price. If the reserve price is met by bid or offer, the E1 sells.
  • When an E1 account sells, it automatically transfers to the buyer.
  • When an E1 transfers, it does not include the already earned ILPs or coins.
  • When an E1 sells, it does carry the earned months toward the ILP yearly award.
  • The seller decides what currency is accepted.
  • The currency the seller can set is Markethive Credits, Hivecoin, Bitcoin, and Solana.
  • Listed E1s for sale reveal the earned months towards the ILP yearly reward.
  • The seller decides to run an auction, buy it now, or both.
  • The seller decides to set a "reserve" or “Buy It Now” price or no reserve open offer.
  • Auction bids run for seven days.
  • Buy it now runs for ten days.

Buyer Specifications

  • The buyer must be KYC approved.
  • The buyer can bid against others bidding in an auction.
  • The buyer can make an offer if the auction has no previous bids.
  • If the offer meets the reserve or exceeds, the sale occurs.
  • All sales are final.

Site Specifics

  • New sale offers list at the top. Most recent first, oldest last.
  • Listing can be sorted with the lowest price
  • Listing can be sorted with the highest price

As the Markethive community, we must understand that Markethive’s services, vault loads, accounting, security, and privacy, are all found in the wallet. So Thomas has made a draft video for the new up-to-date wallet. 

WALLET ORIENTATION DRAFT 01

What’s Next?

  • The "new" News Feed
  • Our own Web Conference Rooms
  • The "new" PageMaker
  • The "new" Dash Board

Markethive’s Proactive Innovation (AI)

On another crucial topic, Artificial Intelligence (AI) has become more prominent and prolific recently, with many unwittingly enamored by the concept. However, the reality is, it’s a double-edged sword for humanity that could bring about significant positives and disastrous consequences. The risk of bad actors using it to create chaos, increase the spread of propaganda and untruth, and even seize all computing and weapons systems is very real and extremely dangerous. The threat of AI taking on a life of itself is staggering.  

CEO of Markethive, Thomas Prendergast, expressed that you will not see artificial intelligence at Markethive! In a very heartfelt message, he explained that it is ungodly, threatens your well-being, and seriously violates your privacy and security!

What will you find?

Proactive Innovation.

“Think of it as advanced robotic systems, very complex and sophisticated capabilities controlled by you. Or a limited (AI secured) within the confines of our programming and only developed to produce the results of a well-oiled social network of entrepreneurs who gain and affect the entire Hive. (like our coming NEW newsfeed). 

You will be able to configure and control your algorithm. Your search criteria and activity will never be captured nor sold by us at Markethive. Because you alone control it, and it is yours alone, secured and protected here at the Hive.

This is the message I received in the last few months from prayer, the innovative intuition that has been and will always be the engine at Markethive. Our artificial intelligence is Jesus Christ. Our artificial intelligence environment is the members of Markethive as a community embracing the spiritual solution to the false god of artificial intelligence.  

Hive technology uses the Hive community to shape our technologies to embrace our environment, chart our course and perceptions, and solve our problems with the singular goal of serving the Lord.”

In closing

There will be notifications and floating banners (above) to provide ample awareness of when the 30-day countdown for the official launch of the wallet will commence. That will be your last chance to secure lifetime residual returns with the Entrepreneur One Upgrade with ILP shares. 

All updates and orchestrations are discussed at the Markethive meetings every Sunday at 10 am Mountain Time. (MST)  You can keep yourself up to date with the latest news and developments of Markethive as they happen. To access the meeting room, go to the Markethive Calendar and click on the link provided.

We are so blessed to be part of Markethive as it stands tall and robust, providing a sanctuary for all entrepreneurs in such a dark world. Light will prevail, and Markethive will thrive and prosper to uplift and free every living soul into a life of whole-hearted humanity and abundance on every level. Exciting times are just around the corner. Praise the Lord, our Divine Architect. The fruits of the harvest with the best of humane technology will be at Markethive. You wouldn’t want to be anywhere else! 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Also published @ BeforeIt’sNews.com; Steemit.com; Substack.com

 

Tim Moseley

Finding Wholeness in an Overwhelmed World: Tips and Strategies

Finding Wholeness in an Overwhelmed World: Tips and Strategies

Finding wholeness in an overwhelmed world can be challenging, especially in today's fast-paced society where people are constantly bombarded with information and distractions. Many individuals struggle to balance their personal and professional lives, leading to feelings of stress, anxiety, and burnout. However, there are ways to achieve a sense of wholeness and balance in life, even amidst the chaos.

One approach to finding wholeness is to focus on self-care and personal growth. This involves taking time to prioritize one's physical, emotional, and spiritual well-being. It may include activities such as exercise, meditation, therapy, or pursuing hobbies and interests. By investing in oneself, individuals can improve their overall quality of life and feel more grounded and centered.

Another key aspect of finding wholeness is to identify and align with one's values and purpose. This involves reflecting on what truly matters in life and working towards goals that are meaningful and fulfilling. When individuals have a clear sense of direction and purpose, they are better able to make decisions that align with their values and lead to a sense of satisfaction and fulfillment.

The Journey Towards Wholeness

Understanding the Concept of Wholeness

Wholeness is a state of being complete or undivided. It is a sense of inner peace and satisfaction that comes from living a life that is true to oneself. To achieve wholeness, one must integrate all aspects of their being, including their physical, emotional, mental, and spiritual selves. This involves developing a deep understanding of oneself, identifying one's values, and aligning one's actions with those values.

Wholeness is not a destination but a journey. It is a continuous process of growth and self-discovery. It requires one to be open to change, to embrace challenges, and to learn from experiences. The journey towards wholeness can be challenging, but it is also rewarding. It allows one to live a more authentic and fulfilling life.

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The Importance of the Journey

The journey towards wholeness is important because it helps individuals to discover their purpose and aspirations in life. It allows them to live a life that is true to themselves and to their values. It also helps individuals to develop a sense of resilience and inner strength that can help them navigate through difficult times.

The journey towards wholeness can take many forms. It may involve exploring one's spirituality, developing healthy habits, pursuing personal interests, or seeking out new experiences. It may also involve seeking out support from others, such as friends, family, or a therapist.

In conclusion, the journey towards wholeness is an ongoing process that involves integrating all aspects of oneself and aligning one's actions with one's values. It is a journey that requires openness to change, a willingness to learn from experiences, and a commitment to personal growth. The journey towards wholeness can be challenging, but it is also rewarding and can lead to a more authentic and fulfilling life.

Overcoming the Overwhelm

Feeling overwhelmed is a common experience in today's fast-paced world. However, it can be challenging to find wholeness when you are struggling with this feeling. In this section, we will explore how to recognize overwhelm and provide six tips to manage it.

Recognizing Overwhelm

The first step in overcoming overwhelm is to recognize it. Overwhelm can manifest in many ways, including feeling stressed out, anxious, or unable to focus. It can also lead to physical symptoms such as headaches, fatigue, and digestive issues.

Recognizing overwhelm is important because it allows you to take action before it becomes too much to handle. Some common causes of overwhelm include having too much on your plate, feeling like you have no control over your life, or trying to meet unrealistic expectations.

Six Tips to Manage Overwhelm

  1. Prioritize: When you have too much on your plate, it can be helpful to prioritize your tasks. Make a list of what needs to be done and then rank them in order of importance. This will help you focus on what is most critical and reduce the feeling of overwhelm.

  2. Practice Self-Care: Taking care of yourself is essential when you are feeling overwhelmed. This can include getting enough sleep, eating a healthy diet, and engaging in regular exercise. Self-care can also involve taking breaks throughout the day to relax and recharge.

  3. Set Boundaries: It's essential to set boundaries to prevent overwhelm. This can include saying no to commitments that don't align with your priorities or values. It can also involve limiting your exposure to stressful situations or people.

  4. Simplify: Simplifying your life can help reduce overwhelm. This can include decluttering your space, simplifying your schedule, or reducing your social media use. Simplifying can help you focus on what is most important and reduce distractions.

  5. Practice Mindfulness: Mindfulness can help you manage overwhelm by bringing your attention to the present moment. This can include meditation, deep breathing, or simply taking a few moments to focus on your surroundings.

  6. Seek Support: Finally, it's essential to seek support when you are feeling overwhelmed. This can include talking to a trusted friend or family member, seeking professional help, or joining a support group.

By recognizing overwhelm and implementing these six tips, you can manage the feeling of overwhelm and find wholeness in an overwhelmed world.

The Role of Mind, Body, and Spirit

In today's fast-paced and overwhelming world, finding wholeness can be challenging. However, it is essential to balance the mind, body, and spirit to achieve a happy and fulfilled life. Each of these elements plays a crucial role in achieving overall wellness.

Mind: The Power of Focus

The mind is a powerful tool that can either work for or against an individual. It is essential to cultivate a positive mindset and focus on the present moment. This can be achieved through mindfulness practices such as meditation, deep breathing, and yoga. By focusing on the present moment, an individual can reduce stress and improve their mental well-being.

Body: Physical Health and Energy

The body is the physical vessel that carries an individual through life. Taking care of the body is essential to achieve overall wellness. This can be achieved through regular exercise, a healthy diet, and adequate sleep. Exercise not only improves physical health but also releases endorphins that boost mood and energy levels. A healthy diet provides the body with the necessary nutrients to function optimally, while adequate sleep allows the body to rest and recharge.

Spirit: Finding Peace and Joy

The spirit is the essence of a person's being, and it is essential to nurture it to achieve overall wellness. This can be achieved through spiritual practices such as prayer, meditation, and gratitude. By cultivating a sense of peace and joy within, an individual can reduce stress and improve their mental and emotional well-being.

In conclusion, achieving overall wellness requires a balance of the mind, body, and spirit. By focusing on mindfulness practices, physical health, and spiritual practices, an individual can achieve wholeness in an overwhelmed world.

Emotional and Social Aspects of Wholeness

Understanding Your Emotions

Emotions play a crucial role in our daily lives. Understanding your emotions is a vital aspect of finding wholeness in an overwhelmed world. It is essential to acknowledge and accept your emotions, whether positive or negative, to achieve emotional completeness. Suppressing emotions can lead to anxiety, depression, and other mental health issues.

To understand your emotions, you need to identify them and express them in a healthy way. You can do this by journaling, talking to a trusted friend or family member, or seeking professional help from a therapist. Once you have identified your emotions, you can work on managing them through techniques such as mindfulness, meditation, and deep breathing exercises.

Building Healthy Relationships

Building healthy relationships is another crucial aspect of finding wholeness in an overwhelmed world. Social support is essential for emotional well-being and can help reduce stress levels. Healthy relationships can provide a sense of belonging, love, and support, which are necessary for emotional completeness.

To build healthy relationships, you need to be open and honest with your loved ones. Communication is the key to any healthy relationship. It is essential to express your thoughts and feelings in a constructive way and to listen actively to your loved ones. Building trust and respect is also crucial for healthy relationships. You can do this by being reliable, keeping your promises, and respecting your loved ones' boundaries.

In conclusion, finding wholeness in an overwhelmed world requires a focus on emotional and social aspects. Understanding your emotions and building healthy relationships are essential for achieving emotional completeness. By acknowledging and expressing your emotions in a healthy way and building healthy relationships, you can achieve a sense of balance and harmony in your life.

The Importance of Self-Care and Discipline

Finding wholeness in an overwhelmed world can be challenging. This is why it is important to prioritize self-care and discipline. Self-care is the practice of taking care of one's physical, emotional, and mental health. Discipline is the ability to consistently adhere to a set of rules or principles. Together, self-care and discipline can help individuals achieve a greater sense of well-being and balance.

ecosystem for entrepreneurs

Practicing Self-Care

Self-care is essential for maintaining good health and preventing burnout. It involves taking time to prioritize one's physical, emotional, and mental needs. This can include activities such as exercise, meditation, spending time in nature, or simply taking a break to relax and recharge. By prioritizing self-care, individuals can reduce stress, improve their mood, and boost their overall sense of well-being.

Developing Discipline

Discipline is another important aspect of finding wholeness in an overwhelmed world. It can be challenging to consistently adhere to a set of rules or principles, but doing so can help individuals achieve their goals and maintain a sense of balance. Developing discipline can involve setting clear goals, creating a routine, and holding oneself accountable for following through on commitments. By developing discipline, individuals can build resilience and increase their ability to handle stress.

Rest

Rest is another essential component of self-care and discipline. It is important to take breaks, get enough sleep, and allow oneself time to relax and recharge. Rest can help individuals reduce stress, improve their mood, and increase their overall sense of well-being. By prioritizing rest, individuals can increase their productivity and reduce the risk of burnout.

In conclusion, finding wholeness in an overwhelmed world can be challenging, but prioritizing self-care and discipline can help. By practicing self-care, developing discipline, and prioritizing rest, individuals can achieve a greater sense of balance and well-being.

Dealing with Disappointment and Criticism

Handling Disappointment

Dealing with disappointment can be challenging, especially in an overwhelmed world. Disappointment can lead to feelings of sadness, loss, and discomfort. It can create a painful gap between our expectations and reality [1]. However, it is important to learn how to handle disappointment in a healthy way to avoid negative consequences.

One way to handle disappointment is to acknowledge and accept the feelings associated with it. It is okay to feel disappointed, and it is important to allow yourself to feel the emotions associated with it. It is also helpful to reframe the situation and look for the positive aspects. For example, if someone did not get a job they were hoping for, they can focus on the skills and experience they gained through the interview process [1].

Another way to handle disappointment is to practice self-care. This can include activities such as exercise, meditation, or spending time with loved ones. It is important to take care of oneself both physically and mentally to avoid falling into a negative spiral of disappointment.

Responding to Criticism

Criticism can also be difficult to handle, especially if it is unfair or unjustified. However, it is important to learn how to respond to criticism in a healthy way to avoid negative consequences. One way to respond to criticism is to listen carefully to the feedback and try to understand where it is coming from. It is important to avoid becoming defensive and instead try to see the situation from the other person's perspective [3].

Another way to respond to criticism is to use it as an opportunity for growth and improvement. Criticism can be a valuable tool for learning and development. Instead of taking it personally, it is important to try to learn from it and use it to improve oneself or one's work [2].

It is also important to set boundaries when responding to criticism. It is okay to respectfully decline criticism that is hurtful or unfair. It is important to communicate clearly and assertively to ensure that one's boundaries are respected [3].

In conclusion, dealing with disappointment and criticism can be challenging, but it is important to learn how to handle them in a healthy way. By acknowledging and accepting one's feelings, practicing self-care, listening carefully to feedback, using criticism as an opportunity for growth, and setting boundaries, one can learn to respond to disappointment and criticism in a positive way.

Sources:

  1. Psychology Today
  2. The Ladders
  3. Indeed

Strategic Planning for Wholeness

Setting Realistic Expectations

When it comes to finding wholeness in an overwhelmed world, setting realistic expectations is crucial. Unrealistic expectations can lead to disappointment, frustration, and even burnout. It is important to understand that finding wholeness is a journey, and it takes time and effort.

One way to set realistic expectations is to start small. Instead of trying to change everything at once, focus on making small changes that can lead to big results over time. For example, start by incorporating mindfulness practices into your daily routine, such as taking a few minutes to meditate or practicing deep breathing exercises.

Another way to set realistic expectations is to be kind to yourself. Recognize that you are doing the best you can, and that it is okay to make mistakes. Remember that finding wholeness is not about being perfect, but about making progress and learning from your experiences.

Strategic Planning for Success

Strategic planning can help you achieve your goals and find wholeness in an overwhelmed world. One way to create a strategic plan is to start by defining your goals. What does wholeness mean to you? What specific areas of your life do you want to improve?

Once you have defined your goals, create a plan of action. Break your goals down into smaller, manageable steps, and create a timeline for achieving them. Consider using a planner or calendar to help you stay organized and on track.

It is also important to identify potential obstacles and develop strategies for overcoming them. For example, if you struggle with finding time for self-care, consider scheduling it into your daily routine or enlisting the help of a friend or family member.

By setting realistic expectations and creating a strategic plan for success, you can find wholeness in an overwhelmed world. Remember to be kind to yourself, and celebrate your progress along the way.

The Role of Personal Development

In an overwhelmed world, finding wholeness can be challenging. Personal development is an essential tool that can help individuals achieve balance and harmony in their lives. Personal development involves self-assessment and growth, celebrating successes, and continuous learning.

Self-Assessment and Growth

Personal development starts with self-assessment. Individuals need to take the time to reflect on their strengths, weaknesses, values, and goals. Self-assessment helps individuals identify areas in their lives that need improvement and areas that they excel in. It also helps individuals set realistic goals and develop a plan to achieve them.

Growth is an essential aspect of personal development. Individuals need to be willing to learn and grow continuously. Personal growth involves stepping out of one's comfort zone, taking calculated risks, and embracing new challenges. Growth is a continuous process that requires commitment, dedication, and hard work.

Celebrating Successes

Celebrating successes is an essential part of personal development. Individuals need to acknowledge and celebrate their achievements, no matter how small they may be. Celebrating successes helps individuals build confidence, motivation, and a sense of accomplishment. It also helps individuals stay focused and motivated to achieve their goals.

Celebrating successes can take many forms, such as treating oneself to a favorite meal, taking a day off, or sharing the achievement with loved ones. Celebrating successes helps individuals appreciate their hard work and motivates them to continue working towards their goals.

In conclusion, personal development is an essential tool that can help individuals find wholeness in an overwhelmed world. Self-assessment and growth, celebrating successes, and continuous learning are essential aspects of personal development. By committing to personal development, individuals can achieve balance, harmony, and success in their lives.

Conclusion: Finding Balance and Harmony

In an overwhelmed world, finding balance and harmony can be a challenging task. However, it is essential for achieving wholeness and well-being.

Balance refers to the state of equilibrium between different aspects of life, such as work and personal life, physical and mental health, and social and individual needs. Achieving balance requires prioritizing self-care and setting boundaries to avoid burnout.

Harmony, on the other hand, is the state of complete agreement and cooperation between different elements. It involves finding common ground, resolving conflicts, and embracing diversity. Achieving harmony requires open-mindedness, empathy, and effective communication skills.

Complete harmony is the ultimate goal of finding wholeness. It involves integrating all aspects of life into a cohesive and meaningful whole. This requires self-awareness, self-acceptance, and a willingness to grow and change.

To find balance and harmony, one must start by identifying their values, priorities, and goals. Then, they can create a plan that aligns with their vision of wholeness. This plan may include self-care practices, boundary-setting, conflict resolution strategies, and communication skills training.

It is important to remember that finding balance and harmony is a continuous process. It requires ongoing self-reflection, self-correction, and self-improvement. However, with dedication, patience, and the right mindset, anyone can achieve wholeness and well-being.

Tim Moseley

The Artist that came out of the Winter