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Gold’s year-end target is 2050 and here’s why 17 price surge still possible Wells Fargo

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Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo

The strong U.S. dollar has been hurting gold's price, dragging the precious metal down to 8.5-month lows as it steals its safe-haven appeal. But this is not a game-changer for gold, which can still end the year above $2,000 an ounce, according to Wells Fargo.

The U.S. dollar index rose to another 20-year high Tuesday, while the U.S. 10-year Treasury yield was at 2.921%. August gold futures were flat on the day, last trading at $1,731.60 an ounce after dropping below $1,725 overnight.

"The U.S. dollar has risen 12% since the start of the year. Almost half of that gain has come in the last month. Such big moves are quite rare, but when they do happen, commodity prices typically suffer. The reason is that most commodities are priced in U.S. dollars," Wells Fargo's real asset strategy head John LaForge said on Monday.

The broader commodities index has also suffered due to higher U.S. dollar and rising recession fears, hurting the demand outlook for industrial metals.

As the U.S. dollar gains, emerging market currencies drop, giving these countries less buying power.

"This loss of buying power can often negatively influence commodity demand and commodity prices," added LaForge. "Considering the strength in the U.S. dollar over the past month, it is not surprising that most commodity prices have been falling, gold especially."

Gold retreated 6% in June, primarily because of the U.S. dollar strength. The precious metal is one of the most sensitive commodities to the U.S. dollar price moves, according to LaForge.

Going forward, Wells Fargo is not expecting another significant move higher by the greenback, seeing it near its peak. However, for gold to move higher, it must create its own momentum.

LaForge's year-end gold price target is still at $2,050 an ounce, which he sees as reasonably achievable due to the recession narrative. He added that he would review his year-end targets soon if there is no movement.

"Gold needs its own surge of sorts — about 17% now — to hit our 2022 year-end target of $2,050 per ounce. For now, our year-end 2022 target remains unchanged, as 17% is doable. With recession around the corner, and gold being quite cheap versus most other commodities, investors may begin to buy. That said, we understand that time is running out, so we are reviewing our targets," he said.

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

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Question Everything

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Question Everything

by Jeff Thomas, editor, International Man Communique

 

Question Everything

 

The average person in the First World receives more information than he would if he lived in a Second or Third World country. In many countries of the world, the very idea of twenty-four hour television news coverage would be unthinkable, yet many Westerners feel that, without this constant input, they would be woefully uninformed.

Not surprising, then, that the average First Worlder feels that he understands current events better than those elsewhere in the world. But, as in other things, quality and quantity are not the same.

The average news programme features a commentator who provides "the news," or at least that portion of events that the network deems worthy to be presented. In addition, it is presented from the political slant of the controllers of the network. But we are reassured that the reporting is "balanced," in a portion of the programme that features a panel of "experts."

Customarily, the panel consists of the moderator plus two pundits who share his political slant and a pundit who has an opposing slant. All are paid by the network for their contributions. The moderator will ask a question on a current issue, and an argument will ensue for a few minutes. Generally, no real conclusion is reached—neither side accedes to the other. The moderator then moves on to another question.

So, the network has aired the issues of the day, and we have received a balanced view that may inform our own opinions. Or have we?

Shortcomings

In actual fact, there are significant shortcomings in this type of presentation:

1. The scope of coverage is extremely narrow. Only select facets of each issue are discussed.

2. Generally, the discussion reveals precious little actual insight and, in fact, only the standard opposing liberal and conservative positions are discussed, implying that the viewer must choose one or the other to adopt as his own opinion.

3. On a programme that is liberally-oriented, the one conservative pundit on the panel is made to look foolish by the three liberal pundits, ensuring that the liberal viewer’s beliefs are reaffirmed. (The reverse is true on a conservative news programme.)2Each issue facet that is addressed is repeated many times in the course of the day, then extended for as many days, weeks, or months as the issue remains current. The "message," therefore, is repeated virtually as often as an advert for a brand of laundry powder.

So, what is the net effect of such news reportage? Has the viewer become well-informed? In actual fact, not at all.

What he has become is well-indoctrinated

A liberal will be inclined to regularly watch a liberal news channel, which will result in the continual reaffirmation of his liberal views. A conservative will, in turn, regularly watch a conservative news channel, which will result in the continual reaffirmation of his conservative views.

Many viewers will agree that this is so, yet not recognise that, essentially, they are being programmed to simply absorb information. Along the way, their inclination to actually question and think for themselves is being eroded.

Alternate Possibilities

The proof of this is that those who have been programmed, tend to react with anger when they encounter a Nigel Farage or a Ron Paul, who might well challenge them to consider a third option—an interpretation beyond the narrow conservative and liberal views of events. In truth, on any issue, there exists a wide field of alternate possibilities.

By contrast, it is not uncommon for people outside the First World to have better instincts when encountering a news item. If they do not receive the BBC, Fox News, or CNN, they are likely, when learning of a political event, to think through, on their own, what the event means to them.

As they are not pre-programmed to follow one narrow line of reasoning or another, they are open to a broad range of possibilities. Each individual, based upon his personal experience, is likely to draw a different conclusion and, thorough discourse with others, is likely to continue to update his opinion each time he receives a new viewpoint.

As a result, it is not uncommon for those who are not "plugged-in" to be not only more open-minded, but more imaginative in their considerations, even when they are less educated and less "informed" than those in the First World.

Whilst those who do not receive the regular barrage that is the norm in the First World are no more intelligent than their European or American counterparts, their views are more often the result of personal objective reasoning and common sense and are often more insightful.

Those in First World countries often point with pride at the advanced technology that allows them a greater volume of news than the rest of the world customarily receives.

Further, they are likely to take pride in their belief that the two opposing views that are presented indicate that they live in a "free" country, where dissent is encouraged.

Unfortunately, what is encouraged is one of two views—either the liberal view or the conservative view. Other views are discouraged.

The liberal view espouses that a powerful liberal government is necessary to control the greed of capitalists, taxing and regulating them as much as possible to limit their ability to victimise the poorer classes.

The conservative view espouses that a powerful conservative government is needed to control the liberals, who threaten to create chaos and moral collapse through such efforts as gay rights, legalised abortion, etc.

What these two dogmatic concepts have in common is that a powerful government is needed.

Each group, therefore, seeks the increase in the power of its group of legislators to overpower the opposing group. This ensures that, regardless of whether the present government is dominated by liberals of conservatives, the one certainty will be that the government will be powerful.

When seen in this light, if the television viewer were to click the remote back and forth regularly from the liberal channel to the conservative channel, he would begin to see a strong similarity between the two.

It’s easy for any viewer to question the opposition group, to consider them disingenuous—the bearers of false information. It is far more difficult to question the pundits who are on our own "team," to ask ourselves if they, also, are disingenuous.

This is especially difficult when it’s three to one—when three commentators share our political view and all say the same thing to the odd-man-out on the panel. In such a situation, the hardest task is to question our own team, who are clearly succeeding at beating down the odd-man-out.

Evolution of Indoctrination

In bygone eras, the kings of old would tell their minions what to believe and the minions would then either accept or reject the information received. They would rely on their own experience and reasoning powers to inform them.

Later, a better method evolved: the use of media to indoctrinate the populace with government-generated propaganda (think: Josef Goebbels or Uncle Joe Stalin).

Today, a far more effective method exists—one that retains the repetition of the latter method but helps to eliminate the open-ended field of alternate points of view. It does so by providing a choice between "View A" and "View B."

In a democracy, there is always an "A" and a "B." This illusion of choice is infinitely more effective in helping the populace to believe that they have been able to choose their leaders and their points of view.

In the modern method, when voting, regardless of what choice the individual makes, he is voting for an all-powerful government. (Whether it calls itself a conservative one or a liberal one is incidental.)

Likewise, through the modern media, when the viewer absorbs what is presented as discourse, regardless of whether he chooses View A or View B, he is endorsing an all-powerful government.

Two Solutions

One solution to avoid being brainwashed by the dogmatic messaging of the media is to simply avoid watching the news. But this is difficult to do, as our associates and neighbours are watching it every day and will want to discuss with us what they have been taught.

The other choice is to question everything.

To consider that the event that is being discussed may not only be being falsely reported, but that the message being provided by the pundits may be consciously planned for our consumption.

This is difficult to do at first but can eventually become habit. If so, the likelihood of being led down the garden path by the powers-that-be may be greatly diminished. In truth, on any issue, there exists a wide field of alternate possibilities.

Developing your own view may, in the coming years, be vital to your well-being.

 

New Opportunities Are Emerging For Citizens of The World.

Freedom and democracy may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World' to gain their own Freedom by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives through the democratization of power and opportunity.

Along with the major long-term trend of society towards decentralization and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.

Markethive.com for example will be releasing its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…".

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins for "FREE" along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.

Be sure to check it out today – Markethive.com

Markethive

Tim Moseley

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Is gold about to go mainstream?

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Is gold about to go mainstream?

Every week Merrill Lynch publishes a Capital Market Outlook Letter. The letters provide market commentary, research and analysis, and the occasional investment idea. Merrill Lynch (together with parent Bank of America) is the third largest brokerage firm, managing over $3 Trillion in client assets. When a firm of that size speaks up, you should listen.

Starting around March of this year, they disclosed an investment thesis called FAANG 2.0. It's a fascinating idea and gold plays a prominent role. Let's unpack it.

Transitioning from FAANG 1.0 to FAANG 2.0

The original FAANG acronym described the high-growth, tech-centric companies that accounted for an outsized portion of returns over the last decade, and then catapulted even higher once the pandemic hit. FAANG 1.0 included:

Facebook – Apple – Amazon – Netflix – Google

And yet, these companies have experienced meaningful price declines year-to-date.

Merrill has been chronicling the "great rotation" out of FAANG 1.0 and into FAANG 2.0.

What's FAANG 2.0?

If FAANG 1.0 are the new kids on the block, then FAANG 2.0 is the old guard. They include:

Fuels – Aerospace – Agriculture – Nuclear/Renewables – Gold and Metals/Minerals

The reasons to favor FAANG 2.0 in today's market are intuitive. Let's explore a few of the salient points.

Why FAANG 2.0?

Geopolitical tensions

The ongoing war between Russia and Ukraine will drive demand for fuels, agriculture, energy and other "hard assets" such as gold and metals/minerals. It remains unclear how the conflict will resolve and whether it will escalate further. Merrill notes that "gold is now the preferred asset of central banks" in the face of such uncertainty.

Inflationary pressures

They're likely to persist longer than previously thought. And while the focus is typically on what you pay at the pump, world food prices are at all time record highs. For anyone following Keith's work on inflation, it's unlikely the items he highlights (trade war, tariffs, lockdown whiplash, regulatory compliance, and green energy policy) are going to be resolved any time soon.

Supply and Demand Imbalance

There seems to be two primary reasons behind the supply/demand imbalance driving FAANG 2.0. One is the leftover supply chain disruptions from the pandemic. Equipment shortages, labor dislocations, logistics bottlenecks, and higher input costs arestill keeping products from getting to market. Two is simply greater demand than supply for these materials. For example, increased defense spending is driving greater demand for fuels and aerospace. Germany is doubling its annual budget. NATO is requiring all participating countries to devote at least 2% of GDP to defense spending by 2024. Likewise demand for energy alternatives (nuclear and renewables), and EV's is exploding, creating intense demand for the metals/minerals needed to scale production.

This paragraph from the May 2 letter sums up the case for FAANG 2.0 nicely.

In a matter of months, we have gone from a pandemic to Putin; infections to inflation; Big Data to Big Oil; zoom to zinc; masks to mascara; E-commerce to electric vehicles; jabs to javelins; swabs to sanctions; Webex to weddings; boosters to bombs; Non-fungible tokens (NFTs) to liquefied natural gas (LNG); Centers for Disease Control (CDC) to North Atlantic Treaty Organization (NATO); work-from home to work-from-office; the cloud to cobalt; and lite assets to hard assets.

Gold's Role in FAANG 2.0

Gold plays a prominent role in Merrill's FAANG 2.0 investing framework. Specifically, they cite investor concerns over inflation and war as reasons for why the "safe-haven" asset should enjoy consistent demand over 2022. Gold has posted strong YTD performance relative to other assets (gold is up about 1% compared to an average of -41% for the FAANG 1.0 crowd).

Why is gold considered a safe-haven asset?

The answer is simple but profound.

Gold is solvency you can hold in your hand.

In a world that poses significant risks of default, whether from inflationary pressures on businesses, aggravated by higher interest rates, or an escalation between Russia and NATO, gold is the asset you own when you don't want to take that risk.

Merrill's endorsement of gold as a major part of its FAANG 2.0 investment thesis could be a significant driver for gold going more mainstream. Despite many large asset managers paying lip service to the importance of owning gold in a diversified portfolio, and the fact that the benefits of owning gold have been well documented, it still remains one of the most under-owned assets.

There's another way gold could go mainstream though; it's called gold 2.0.

Transitioning from Gold 1.0 to Gold 2.0
 

What's gold 2.0?

It's gold with yield, specifically a Yield in Gold, Paid in Gold®. We've said it over and over again, everyone should own some physical gold as an insurance against the solvency risks outlined above. But insurance only protects wealth, it cannot grow your wealth. Monetary Metals offers gold with yield—gold 2.0—which protects and grows your wealth.

You can own physical gold, in secure vaults, outside the financial system, with the option of earning 2% to 3% interest, paid in more gold (silver too).

Whether from increased safe-haven demand, or greater demand for gold with yield, the 2020's could be the decade that gold breaks back into the mainstream in a big way.

By Keith Weiner

Contributing to kitco.com

Time to buy Gold and Silver on the dips

Tim Moseley

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Supervising Crypto In Europe

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Supervising Crypto In Europe

 

End of June 2022, Cointelegraph.com published an article on the new agreement reached by the European Council to form an Anti-Money Laundering (AML) body that will have the authority to supervise certain crypto-asset services providers (CASPs).

But let's start with a summary first. The first flurry of regulation of crypto-assets appeared in Europe even before the pandemic in December 2019. Debugging took place throughout the first half of the following year, and in September 2020, the European Commission adopted it under the legislative designation draft regulation on markets in crypto-assets (MiCA for short).

A definite topic in the world of finance is currently the government regulation of cryptocurrencies, which is taking place across the globe. The approach in different states is diversified –  some states give cryptocurrencies a clear green light, others treat them more cautiously and introduce many regulatory regulations, and finally, there are states that have said a clear “no” to cryptocurrencies and banned them on their territory. 

The market segment with cryptocurrencies, estimated at $2.1 billion, is still subject to inconsistent regulation, which prevents the creation of legislative regulations that should prevent money laundering while protecting investors and creditors. 

However, increasing regulatory pressure is preventing crypto companies from innovating their products. For example, the cryptocurrency exchange Coinbase global warned that over-regulation would hamper innovation.

Image Source: Cointelegraph

Wild West Of Crypto Is Nigh

“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun.

The European Council said it had agreed on a partial position of a proposal to launch a dedicated Anti-Money Laundering Authority or AMLA. According to the regulatory body, the AML body will have the authority to supervise “high-risk and cross-border financial entities,” including crypto firms — “if they are considered risky.”

First proposed in July 2021, the AMLA should be operational in 2024 and “start the work of direct supervision slightly later,” according to the European Commission. 

It is evident that the taming of cryptocurrencies in the EU is imminent. By regulators who don't understand it much.

Europen Central Bank, Frankfurt,  Germany

The European Central Bank (ECB) is calling for decisive regulation of cryptocurrencies. People are speculating on life savings because of them, which is not to the liking of the head of the bank, Christine Lagarde. Its approach does not seem to many analysts, according to which most regulators propose measures that are not really applicable in practice.

The first application of the new regulatory conditions around cryptocurrencies could come in the next few months. The European Commission has already presented such measures, and the European Parliament should finalize them soon.

This is MiCA regulation and, therefore, regulation aimed explicitly at crypto-assets. But analysts recall that most regulators do not understand cryptocurrencies at all and are therefore rather skeptical about the proposals.

In addition to Christine Lagarde, other ECB officials have previously expressed concerns about cryptocurrencies. One of them is executive board member Fabio Panetta, who said in April that crypto assets are creating a new wild west and compared them to the subprime mortgage crisis of 2008. 

On the other hand, European monetary policymakers have confidence in their new digital euro project, which could take place as early as the next four years.

"Basically, almost all traditional institutions view cryptocurrencies as something dangerous and potentially exploitable or as a tool for money laundering and unfair activities. In doing so, these fears are completely odd and senseless. Regulators mainly want to achieve the greatest possible monitoring of financial movements, " said Czech analyst Martin Kysela.

Cryptocurrencies And Crime

The suppression of illegal cryptocurrency trading is taking place on more fronts than it might seem at first glance. The fight against money laundering has already moved to Europe. 

German authorities announced a raid on the world's largest darknet market, in which they seized bitcoins worth 25 million euros. This raid was carried out in cooperation with the German cybercrime centre and the federal criminal police office (BKA). For what reason did the raid occur, and what was its result?

In a raid on the world's largest darknet network called Hydra market, 543 bitcoins were seized. This illegal network has reportedly been operating since 2015 and has read an incredible 17 million customers. 

In the Hydra market, more than 19 000 sellers were registered who focused on the sale of illegal narcotics. According to the press release, other items were seized during the raid, which brought profits to the sellers.

 

                      

 

Nanny Mentality Undermines Freedom Of Choice

On Dutch television, the president of the European Central Bank (ECB), Christine Lagarde, said this in May.

“Cryptocurrencies are based on nothing and should be regulated so that people avoid speculating with their life savings.” 

She is afraid that people who do not understand the risk can lose everything and be very disappointed. Therefore, she believes that cryptocurrencies should be regulated.

First of all – if Ch. Lagarde and others believe that cryptocurrencies are worthless, they would not be so afraid of them, which leads them to the regulations to which the cryptocurrency market is already subject today. 

Many people see cryptocurrencies as a sign of freedom (and it doesn't matter what anyone thinks about it), and the EU obviously doesn't like that. It seems the representatives of the EU think people are unruly and should be regulated. 🙂

In the black scenario, some crypto specialists think that regulation could significantly damage crypto services in the EU. It may trample on user privacy and expose users to the risk of personal information being hacked. As a result, it may have a minimal impact on the fight against money laundering, which the EU seeks with this law.

Cryptocurrency exchange Coinbase stressed that it is cash that continues to be a popular means of money laundering. Blockchain technology, unlike cash, has allowed authorities to track suspicious transactions using advanced analytical tools.

Cryptocurrencies are highly speculative investments (and therefore attractive). The principle of any highly speculative investment is that money moves from those who lose a lot of money on the speculation to those who make a lot of money on it. It is difficult to regulate anything on this.

It’s All About Control

Crypto is unwanted by the top politicians because it gives the owner immense freedom to dispose of their finances in their own way and store them wherever they want – without the need for control by any regulator.

By the way, this control requirement is fully in line with the current direction of EU policy. Therefore, it is undesirable for someone to have access to finances that can not be regulated. The regulation or abolition of bitcoin and other cryptocurrencies would bring us a step nearer to totality.

 

Source:

cointelegraph.com

Idnes.cz

Cryptosvet.cz

Forbes.cz

 

 

Tim Moseley

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June headline inflation to exceed 86 the annual inflation rate in May

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June headline inflation to exceed 8.6%, the annual inflation rate in May

Economists, analysts, and market participants are laser-focused on the Labor Department's CPI (Consumer Price Index) report for June which will be released on Wednesday, July 13. The advanced forecasts released have a common theme or consensus and that is that inflation will continue to run exceedingly hot. Expectations are that headline inflation which includes changes in food and energy costs rose 1.4% compared to the previous month and come in at 8.7% YoY.

"The strong price increase of this year accelerated further in June 2022 and is expected to have climbed to 8.7 %. This is shown by an advanced estimate of Statistics Austria. This means that the inflation rate has risen to its highest level since September 1975. In the meantime, inflation has picked up speed in almost all areas. In addition to recent increases in fuel and heating oil prices, we also see significant increases in restaurant and food prices", according to Statistics Austria Director-General Tobias Thomas.

U.S. News today reported, "On Wednesday, the Labor Department will report the consumer price index for June, with forecasts that it will top the 8.6% rate for annual inflation recorded in May. A run-up in energy prices last month that has since abated is likely to make for an ugly headline number."

CNBC also reported, "The June consumer price index on Wednesday is expected to show headline inflation, including food and energy, rising above May's 8.6% level."

The consensus among different new services is overwhelmingly anticipating that inflation will continue to grow. The CPI report on Wednesday coupled with last week's jobs report will almost certainly result in another aggressive rate hike of 75 basis points at the July FOMC meeting which will convene at the end of this month.

The overwhelming majority of economists and analysts are anticipating that the Federal Reserve will announce and enact the fourth rate hike this year with consecutive interest rate hikes that began in March.

The Federal Reserve raised interest rates for the first time since 2018 in March. Before the first-rate hike, the fed funds rate was at ¼%. The Fed raised interest rates by 25 basis points at the March FOMC meeting, 50 basis points in May, and 75 basis points in June. It is now expected that they will raise interest rates by 75 basis points in July. The July FOMC meeting will begin on the 26th and conclude on the 27th of this month.

This matches the probability forecast by CME's FedWatch tool, this probability gauge is indicating that there is a 93% probability that the Federal Reserve will raise rates once again by 75 basis points this month.

The net result of the current inflation outlook has pressured U.S. equities lower, taking the U.S. dollar index higher and continuing to pressure gold prices lower on the first trading day of this week.

As of 4:45 PM EDT, the dollar has gained 1.11% or a total of 1.184 points, and is fixed at 108.005. Our studies indicate that there is no major technical resistance until the dollar index reaches 113. This assessment was created by using a Fibonacci extension from the lows of 79.012 in May 2014 up to the high of 103.952 during the first quarter of 2017.

The widely anticipated 75 basis points rate hike by the Federal Reserve has continued to pressure gold pricing lower. The most active August 2022 futures contract is currently fixed at $1731.90 after factoring in today's decline of $10.40. Based on our technical studies the first level of potential support comes in at $1720 with major support at $1680.
 

By Gary Wagner

Contributing to kitco.com

Time to buy Gold and Silver on the dips

 

Tim Moseley

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An Introduction To Cryptocurrency

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An Introduction To Cryptocurrency

 

If you are relatively new to cryptocurrency and have been wanting to learn more and get started here is a brief quick start guide.  Let’s start with some context.

R.I.P. Fiat Money

The word FIAT derives from latin, meaning a determination by authority. Our money is controlled by the central banks and the system is broken. It has been for a long time, only now the house of cards appears to be collapsing fast. 

Last year Turkey reported that its Lira has lost approximately 40% of its value over the last two years alone, but in truth we have been in a state of hyperinflation for way beyond that time. 

Something had to give, and you know that’s true when the World Economic Forum comes out and says that it is time for a reset. They want to bring in a Central Bank Digital Currency, which basically means they will control your money, albeit in a different form. That does not solve anything.

I recall here in the UK the last recession, when we experienced a bank run after the collapse of Northern Rock bank back in 2008. People could not get access to their money. It underlined that the current banking system controls your money and can freeze your account at will. 

What’s more, the bailouts and bail-ins of the big banks are effectively funded by you! Not to mention how that this same money can also be forged easily

 

Source image: ginifoundation.org

What is Cryptocurrency?

It is out of the rubble and backdrop of that recession that cryptocurrency emerged in the form of bitcoin. May 22nd 2021 marked the 11th anniversary of bitcoin, and you may be aware of the famous story of two men who sold two pizzas for 10,000 bitcoin, which was next to nothing back then. 

Cryptocurrency is a form of digital cash which is secured by something called cryptography so that it cannot be duplicated. It is decentralized meaning that you own it when stored in your own private wallet. It effectively allows you to become your own bank. As it gets widespread adoption you can use it in the same way you use traditional money.

Already you can use cryptocurrency to send digital cash to friends irrespective of where they live in the world. You can trade with it. You can pay for business services with it. You can also get cash backs in the form of cryptocurrency at certain shopping outlets. The list goes on.

Bitcoin

There are so many different cryptocurrencies arising right now. The most well known cryptocurrency is bitcoin, reportedly created by someone called Satoshi Nakamoto. Depending on who you talk to there are various interpretations as to who this person is or was – an individual, team, or maybe a covert government set up.

It has a total supply of 21 million and a current circulating supply of just over 19 million. Over 15,000 businesses accept bitcoin including paypal, microsoft, home depot and starbucks to name but a few. On the downside bitcoin is having to deal with congestion and latency problems which may reflect in its transaction fees.

Bitcoin ATMs are springing up and becoming more ubiquitous, with the USA and Canada leading the way. You can find out where they are via this map.

 

Source: https://coinatmradar.com

What is The Blockchain

All transactions take place on something called the blockchain. The blockchain is like a  digital ledger system which records all transactions in a way that cannot be removed or altered, making for greater transparency. There are different blockchains for different cryptocurrencies. When you perform a transaction you can check its status from start to finish on the blockchain. The blockchain is a trustless system bringing transparency to the financial world.

Become Your Own Bank

Before buying bitcoin or any other cryptocurrency it is important to grasp the concept of being your own bank. This comes with a responsibility to manage your security and privacy.

You need somewhere safe to store your bitcoin for peace of mind. When you use an exchange to buy cryptocurrency it is important not to leave it there as exchanges can be hacked.

There are various types of wallet which can be created seamlessly and quickly. They fall into two broad categories. Hot wallets and cold wallets. A hot wallet is a wallet that remains connected to the internet. 

Exodus would be a common example. Exodus is a wallet you can download to your computer and also has an inbuilt swap feature for several cryptocurrencies, which is very useful. I have this on my computer.

A cold wallet on the other hand is not connected to the internet, a bit like a flash drive. These types of wallets cannot be compromised, and I strongly recommend you buy one and store it in a fireproof safe for obvious reasons. 

The three common cold wallets are ledger, trezor and yubikey. I have the ledger nano S

The other important aspect of opening a wallet is that you will be given private keys in the form of seed words which need to be stored offline ideally in a fireproof safe. They act like unique passwords, with the important exception that if you lose them they are not recoverable like passwords are. Be warned, and store them safely on paper.

How To Buy Cryptocurrency

I will use bitcoin as an example. You can buy bitcoin at an exchange like coinbase, and coinbase also has tutorials to aid your learning. Other popular exchanges are binance and kucoin. You do need to check if the exchange operates in your country as there are variations.

You will usually need to attach bank details or a debit card in order to make a purchase, and if it is a first time, just be aware that your bank may reject the transaction, so you may need to liaise with them to prevent it repeating.

If you want to acquire bitcoin without payment or risk, you can use faucets such as cointiply to get your feet wet, so to speak without risk. This is just one of many faucets. You can also use mining sites such as nicehash but I would be cautious due to the energy it might consume in electricity given the rise in energy prices. 

There are social media sites you can join that give you cryptocurrency for engaging on their site. For example Steemit, and our own Markethive Ecosystem.

In Markethive you can pay for membership in bitcoin, and you can also acquire their own markethive coin just by engaging in the platform through various marketing activities. That could be reading someone else's blog, adding content or referring friends. They have some fun gamification like the wheel of fortune too.

These are just a few simple and safe ways you can get started with cryptocurrency that are low cost or no cost. Welcome to the cryptocurrency world.

 

 

 

 

 

 

 

 

Tim Moseley

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ジパングカジノレビュー：ウェルカムボーナス最大3,000ドル進呈！

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ジパングカジノの出金条件、出金ができないケース

ジパングカジノは、初回入金ボーナスや通常入金ボーナスがあります。 出金の際も複数のペイメントを使えますが、一番おすすめなのがビーナスポイントです。 手数料が安く、ポイント口座の開設もすぐにできるので初心者のプレイヤーでも簡単にご利用いただけます。 VisaとMasterCardの両方で対応していますので、おすすめです。

ほとんどのオンラインカジノはスマホによるプレイにも対応していますが、スマホの操作性についてはかなり差があります。 1ベットあたり$5程度のベット制限が多く、ボーナス購入やダブルアップなども禁止になっている場合がほとんどです。 実際の提出については、必要に応じてサポートから連絡がありますので、そのタイミングで行うようにしましょう。 ご入金を選択すると、デフォルト設定でペイトラが開くようになっていますので、特に迷うことはないでしょう。 ブラウザ版とは異なり、複数のプロバイダで遊戯をすることができず、「プレイテック社」に特化したものとなります。

使いやすさを追求するジパングカジノの発展は、日々進んでいます。 ジパングカジノの自慢は、何と言っても手厚いユーザーサポートです。 ユーザー様とカスタマーサポートが相談して、月の上限掛け金を設定したり、アカウントの一時凍結などを共に考えていきます。

ジパングカジノでは、当サイト経由で新規登録（クーポンコードの入力が必要）された方限定で、40ドルの入金不要ボーナスが用意されています。 カジノを楽しむための軍資金を入金しなくとも楽しめるボーナスとなっており、勝利金は（「賭け条件」を満たす必要があります）全て口座に引き出し可能です。 ジパングカジノで受け取れるボーナスは、初心者からベテラン、そしてハイローラーのプレイヤーに至るまで全ての方に満足いただけるようなボーナスになっています。 この入金不要ボーナス（登録ボーナス）は、このウェブサイトから新規にユーザー登録を行うと、20回のフリースピンを受け取ることができます。 ユーザー登録の際に、プロモーションコード【DREAM20】を入力してください。

最低入金額は、お支払い方法によって異なりますが、ご希望のお支払い方法をクリックすると、最低入金額が表示されます。 ご登録いただくだけで、$20をお受け取りになり、お好きなスポーツへの無料ベットにお使いいただけます。 オンラインカジノが初めての方にも、思い切って始める前に試してみたい方にも、カシュミオはお勧めのサイトです。 これはスポーツブックでのみ利用できるもので、オンラインカジノファンの間では評判が悪いですが、リスクのないベッティングをするためには大きなメリットがあります。 世界で唯一の配当収入が得られるオンラインカジノであり、知名度は高くありませんが、今後ますます人気が出てくると思われます。 残念ながら、このボーナスは、プロモーション参加時にイギリス、カナダ、アイルランドに居住しているプレイヤーのみが対象となります。

  • 入金額300％初回入金ボーナスはスロットゲーム以外のゲームすべてが禁止ゲームとなっていますので気をつけましょう。
  • どちらの決済サービスを利用する場合でも、出金手続きの際に口座IDを入力する必要がありますが、口座IDを誤って入力して第三者に送金されてしまった場合の補償や返金などはありません。
  • ここでは多くのカジノで実施されている主なボーナスをご紹介します。
  • ダブルアップとは、賞金を倍倍に増やしていくことができる機能のことで、少ない勝利金で大きく勝てる可能性を狙うことができるというものです。
  • バンバンカジノカジノは、ご登録時に$25の入金不要ボーナスをご用意しております。

新しいゲームをプレイしてみたい方には不向きかもしれませんが、安心してカジノを楽しみたい人にはおすすめのオンラインカジノと言えるでしょう。 還元ボーナスは、期間中に他のボーナスを使用していない方限定のボーナスです。 ジパングカジノでは、最高入金額の設定はありませんが、プレイヤーごとに最高入金額が設定されている可能性もあります。 申し訳ありませんジパングカジノ 評判 はご利用いただけません。 ジパングカジノは、日本人による日本語サポートと日本語サイトが好評のようで、ジパング カジノ 2chの口コミでも投稿されてました。

カジノデイズは入金不要ボーナスとして10ドルが受け取れます。 入金不要ボーナスを受け取るにはアカウントにあるボーナスセクションから「今すぐゲット」を有効にする必要があります。 チェリーカジノはボーナスコードが不要で、30ドルの入金不要ボーナスがもらえます。 チェリーカジノも自動的に反映しないため、サポートへ連絡が必要です。 エンパイアカジノはボーナスコードなしで入金不要ボーナスを20ドル受け取れます。

本サイトで掲載、紹介、言及されるカジノは、それぞれ、ボーナス内容の変更、ボーナスの終了、特定の時点での利用規約の変更を実施する権利を留保します。 口座を開設する前、またはボーナスを受け取る前にそれぞれのサイトの利用規約をご自身でお読みください。 ギャンブルには中毒性がありますので、ご自身の責任でプレイしてください。

BeeBetでは高校野球など、珍しい競技の賭けを行うことができるので、積極的に入金不要ボーナスを活用してみましょう。 対象ゲームにおける期間中のスピン回数が上位75位以内になった場合には、フリースピンを獲得できるという内容です。 進呈されたフリースピンは「今週のスロット」と同じ機種で利用することができます。 他のオンラインカジノと比べると比較的ベットリミットが甘めに設定されているため、かなり効率よく条件を消化することができます。 ワイルドジャングルカジノには「マンスリーボーナス」と言って、月の前半（14日まで）の200ドル以上の入金で50ドルが貰えるというボーナスシステムがあります。

ジパングカジノはvプリカで入金できる？

公式サイトの最下部（フッター部分）のライセンスマークアイコンのリンクからライセンス画像をご覧になれます。 通常のバカラよりベット時間も短くなっており、カードの絞りなども行わず1枚1枚を早いテンポで裏返すので、すぐに決着がつきます。 赤・黒などのいわゆる「アウトサイドベット」に関しては特別配当の影響を受けないので、通常通り遊ぶことも出来ます。 3個のサイコロの出目を予想し、「合計10以上（大）」「1個以上5が出る」「6のぞろ目」といった各エリアにベットを行います。 フリースピンの出現率は比較的高く、リスクとリターンのバランスが取れた良台です。

ビギナーズラックでグレートブルーが結構出ちゃって…、当時はまだプレイテック社のゲームだけだったころですね。 それ以来、相性の良さを感じてずっとジパングカジノでプレイしています。 またサポート体制は他のオンラインカジノよりも整っており完全日本語対応のチャットサポートやメールサポートに加え、電話サポートも受けられます。 2020年にリニューアルを実施し、プレイテック社製のゲームのみを提供していたジパングカジノは現在多数のプロバイダで遊べるハイブリッドカジノになりゲーム数も圧倒的に増えました。 ジパングカジノ（ZIPANG CASINO）は2005年に設立された、日本人プレイヤー向けカジノとして最も長い歴史を誇る信頼と実績のオンラインカジノです。

一見すると、入金額に合わせて資金がぐっと増える後者の方が有利と思われますが、ボーナスの賭け条件が異なっており、それぞれ「18倍」「40倍」「60倍」となっています。 ・「賭け条件」：10倍（40ドル×10＝400ドル）、掛け金の合計が400ドル以上になれば条件クリア。 ジパングカジノでの遊び方、ゲームの攻略法の紹介や検証、ちょっとエッチなプレイ動画など、たくさんの動画を配信中です。

入金不要ボーナスの詳細というより、初回入金をお得に使う方法的な。 →登録後にサポートに登録したIDと「yutoriamin30」と伝えると$30の入金不要ボーナスが貰えます。 どういった人におすすめのカジノなのかも紹介していますので、新たに遊ぶオンラインカジノを探している人はぜひ参考にしてください。 ベラジョンカジノほどではないにせよ、入金ボーナスもありますので、登録、入金して損のないオンラインカジノです。 ボーナスをそのまま出金できてしまったり、簡単に出金できてしまうと、ジパングカジノの運営が不可能となってしまうためです。

入金不要ボーナスが自動付与されるサイトは以下の様になります。 入金不要ボーナス自体魅力的なのですが、カスモはDORA麻雀にも賭ける事ができるので麻雀好きな方にお勧めとなっています。 カジノ、スポーツベット、賭け麻雀が出来る満足度の高いなオンラインカジノと言えるでしょう。 他のオンラインカジノと比較しても低めの設定なので、ぜひ獲得を目指してプレイしましょう。 登録後にチャットで「入金不要ボーナスをください」と伝えましょう。

ジパングカジノで利用できる出金手段も、入金手段と同じくエコペイズとペイトラのみ（2021年現在）となっています。 ペイトラの場合、お昼の12時までに出金申請をすれば原則必ず当日中に出金されるので、迅速な出金をお望みの方はぜひペイトラを選択するのがオススメです。 ペイトラの爆速出金サービスと合わせれば、ジパングカジノの勝利金が手元の銀行口座に届くまで1日もかからないと非常にストレスフリーな出金をご体感いただけます。

ジパングカジノの入金不要ボ…オンカジのボーナス カンラクチュアリー（歓楽聖域）の入金不要ボーナス【実践記録公開】 カンラクチュアリーは突然サイトが閉鎖されてしまったようです。 私が登録した時は出金もできたのですが、サイト閉鎖前については出金拒否などもあった模様です。 ボーナスコード ハッピースター（HappiStar）の入金不要ボーナ…

ジャックポット当選時は数千万円以上獲得もかのうですので、なるべく上限の無い入金不要ボーナスを選びましょう。 ベラジョンカジノとの差があるとすれば入金不要ボーナスの賭け条件が30倍と最大出金額が＄100と条件が悪くなっています。 https://zpng-online-casino.com/withdrawal/ 無料登録するだけで100回FS入金不要ボーナスが貰えるスロッティベガス！

また、事前にアイウォレットのアカウント口座に入金をしとかないとアイウォレットからジパングカジノに入金することはできないので、アカウント登録や口座に入金をしときましょう。 日本語サポートを備えているオンラインカジノは多くありますが、ジパングカジノはメールやライブチャット、電話と幅広い対応を可能としています。 オンラインカジノの中には日本語非対応のものもあるため、これは日本人プレイヤーにとって嬉しいメリットであると言えるでしょう。

デメリットはその逆で、フリースピン中に全く当たらない可能性も当然あるため、賞金が得られなかったらボーナスはなし…ということも。 今回紹介するのは「エルドアカジノ」「ミスティーノ」「カジ旅」「ベラジョンカジノ」「ワンダーカジノ」「遊雅堂」「コンクエスタドール」です。 出金条件自体は25倍ですが、実質的にリアルマネーと同じように利用できるということで、出金しやすさは抜群です。 さらに188betには以下のような神がかり的特徴があります。

基本的には、運営実績が長くて信頼のおける大手カジノを使うのがおすすめです。 ミリオンゲームDXは1,500円の入金不要ボーナスが用意されています。 ボーナスコードもないので、アカウント登録をするをボーナスが反映されます。 ただ、貰える条件が特殊で、以下のように分割されて配布されます。

そんな人はもちろん、ジパングカジノはスマホ版のブラウザでも問題なくプレイできるのでモバイルブラウザでカジノを楽しんでくださいね。 実は、アプリ版よりもジパング カジノ スマホ版の方がゲーム数が多くて評価が高いなんていう噂もあります。 パングカジノの評価としては、非常にバランスのとれたオンラインカジノかと思います！

入金不要ボーナス仮想通貨取引所

その経験を活かし、ジパングカジノはどのオンラインカジノよりも満足度の高い日本語カスタマーサポートを24時間365日設置しています。 これまでジパングカジノ（Zipang Casino）のおすすめポイントについて解説してきましたが、次にジパングカジノがどのようなサービスを提供しているかについて解説します。 当時は日本語に対応しているオンラインカジノは少なく、サポートも英語でやり取りするのが普通でした。 カジノゲームが日本語に対応して尚且つ日本人サポートのオンラインカジノも少ないけれど存在しましたがマイナーな存在でサービスもイマイチな状況でした。

アロハシャーク当サイトからの登録でSweet Bonanzaのフリースピン100回が入金不要ボーナスとして自動付与。 新規アカウント登録後、ボーナスコード【だいじてん】を入力をすれば、$20の入金不要ボーナスがアカウントに付与されます。 オンカジ大辞典からの新規アカウント登録で、入金不要ボーナスとしてムーンプリンセスのフリースピン50回をもらうことができます。 2回目入金でもらえる賭け条件なしのフリースピン300回は、かなりおいしいので有効に活用してください。 入金不要ボーナスの勝利金の獲得上限は$300ですが、初回入金後に獲得した勝利金については上限はありません。 なおジパングカジノの場合、ボーナスの出金条件をクリアするとボーナス額が残高から削除され勝利金のみが残高に残ります。

オンラインカジノを始めようと考えている方にとって、一番気がかりなことは、プレイしても違法にならないかと言うことではないでしょうか。 また、期間限定のクエストを全てクリアすることでボーナス額が、最低30ドルから最高100ドルまで増やすことができます。 クエスト条件は、指定のゲームを◯◯回遊ぶ、◯◯倍以上の賞金を獲得、合言葉を伝えるなど他にも様々なものがあります。 初回入金ボーナス、セカンド入金ボーナスをすでに使ってしまっていても、マンスリーボーナスは毎月のように利用することもできます。

また問い合わせるときは内容を入力するだけなので誰でも気軽に使えます。 また、文章入力だけで問い合わせするのが不安なら自身の画面などのスクショを用意しておくとよいでしょう。 プレイテックゲーム限定になりますが、PC版でより快適に楽しみたい方はダウンロード版をクリック後インストールして遊ぶのもおすすめです。 公式サイトに移動したら「ログイン」をクリックしメールアドレスや住所氏名などの個人情報を入力するだけです。 ジパングカジノ（Zipang Casino）の初回入金ボーナスはかなり珍しく、4種類のボーナスの中から1つを選べる仕組みとなっています。 このような、「プレイヤーに顔を見せる運営」によってカジノユーザーに安心感を提供しているのもジパングカジノの特徴です。

ジパング カジノは、名前の通り日本人プレイヤー向けに作られたカジノのため、公式ページやサポートは全て日本語対応で安心して遊ぶことができます。 日本人向けのカジノサイトを探していて、zipang casinoにたどり着いたっていうプレイヤーも多いのでは？ さらにプロモーションが豊富で飽きずに賭けを楽しむことができます。

スロットマシンは勝率が低いですが、ジャックポットが当たれば一攫千金が望めるゲームです。 だからボーナスをもらってジャックポットの確率をあげましょう。 カジノ側でもボーナスを管理するのは手間でありますので一定の制限を設けているのでしょう。

本日夕方に私のほうからもカスモに問い合わせをさせていただきますので、登録したIDをメールでお知らせください。 これは出金するウォレットが本当に本人のものかどうかを確認するためのもので、入金履歴をつけることが本人確認とセットになっているからです。 例えば、ムーンプリンセスのスピンクレジット$5をもらった場合、利用できるゲームはムーンプリンセスのみとなります。 さらにステータスの高い人には優先的に出金するというルールを設けているカジノも存在するので、カジノでプレーを継続し、カジノの優良顧客になるのがよいでしょう。 また、カジノでの実績であるステータスの高い人は、カジノにとって信用度が高いので出金時のチェックにかかる時間も短くなります。

メジャーカジノからマイナーカジノまで初回入金ボーナスや特典を一覧にしてみました。 「ジパングカジノ」「ラッキーベイビーカジノ」のいずれかで特典を受け取ることが可能です。 オンラインカジノのリベートボーナスは賭け条件がなし～1倍程度という場合が多く、ほとんど現金として扱えて出金しやすいためボーナスが苦手な人でも扱いやすい特徴があります。 賭け条件は、カジノサイトごとに設定されている金額が異なります。 モバイル専用のジパングカジノ アプリが無料でダウンロードできます。

更にジパングカジノ 日本では、海外では有名でも日本向けカジノではまだ取り扱いの多くないアイコン社のゲームも多く取り扱っているのが特徴！ キティーペイアウトなど可愛いキャラクターが出てくるストーリー性のあるゲームが楽しめます。 みんなdeバカラ飯の詳細は下記の記事に参加方法を併せて記載しております。

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This Emerging Tech Is the Inflation Killer

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This Emerging Tech Is the “Inflation Killer”

by Luke Lango, Editor, Hypergrowth Investing

 

This Emerging Tech Is the “Inflation Killer”

 

I don’t know about you, but I think it’s about time we kill inflation. I’m tired of $5 gas, $100-plus grocery trips, and $500 flights. It’s time we bid farewell to these sky-high prices.

Easier said than done, you say? Well… not really. Unbeknownst to most of the public, there is actually a single emerging technology out there today that is ready to kill inflation right away. It’s arguably the most complex technology to have ever existed. Engineers and scientists have been working on it for years. And it’s now ready to be unleashed to the world.

The timing couldn’t be more perfect. You see, this technology is the ultimate deflationary tool, and will serve as humanity’s greatest weapon in fighting inflation. Indeed, corporate America is already adopting this technology in bulk to dramatically reduce its costs – and the trend is just beginning.

Over the next few months and years, companies across the globe are going to adopt this tech faster than they’ve adopted anything before.

The result? Inflation will get fixed. And today, folks, you have an opportunity to invest in this breakthrough technology that’s going to – in some ways – save the world. It’s the opportunity of a lifetime, and one I wouldn’t pass up anytime soon.

 

So… what breakthrough tech am I talking about?

The Shift to De-Globalization. Before we talk about this breakthrough technology that represents the investment opportunity of a lifetime, we need to first understand why today’s inflation is so bad. The simple explanation is globalization – or, more specifically, the reversal of globalization. Specifically, over the past 40 years, the global economy has morphed into a web of interconnected dependencies. Everything affects everything.

Russia invades Ukraine. Consequently, Ukraine can’t produce chicken because all the farmers are fighting a war. Ukrainian exports of chicken drop tremendously. They’re the world’s sixth largest chicken exporter. Global chicken supply drops meaningfully. Global chicken prices rise everywhere, even 5,000 miles away in the United States.

By the same token, Russia invades Ukraine, and the Western World throws sanctions against Russian oil to cut off the Russian economy. Global oil supply drops meaningfully. Global oil prices rise everywhere. Your gas prices in America – 5,000 miles away from the fighting in Kyiv – rise 50%.

It’s all connected.

 

International satellite visibility

 

Therefore, one might easily say that the fix to today’s inflation problem is to “de-connect” everything. Down with globalization. Hello to localization. Theoretically, that sounds great. In a de-globalized world, a Russian invasion of Ukraine shouldn’t impact energy or food prices in the U.S. But, in practice, localization without technological innovation will only worsen today’s inflation problem.

 

Why did we globalize in the first place?

Ironically, we globalized to beat inflation. Specifically, to optimize the cost efficiencies of various economies, leveraging what in economics is known as “comparative advantages.” Sure, the U.S. has some oil. But Russia has way more oil, and they can extract that oil at a much lower cost because it is so abundant. Therefore, we built a dependency on Russian oil, because Russian oil is inherently cheaper than U.S. oil.

Same story with all those factories in China. Why did U.S. companies start outsourcing manufacturing to China? Cheaper labor. Cheaper labor leads to lower manufacturing costs, which leads to lower final product prices, and lower inflation.

For decades, globalization has actually been a huge deflationary force. To that end, we cannot simply reverse the wheels on the globalization trend and not expect it to cause inflation. Simple localization of supply chains will make today’s inflation problem infinitely worse. Just building out a bunch of oil refineries and vertical farms in the U.S. to establish energy and food independence would cost a fortune – and only exacerbate inflation.

But… advanced localization of supply chains using the breakthrough technology I mentioned earlier, won’t make today’s inflation problem worse. Instead, it’ll fix today’s inflation problem – and maybe forever!

 

The Fix Is Automation

In order to fix today’s inflation problem, America needs to localize its supply chains using automation technologies. That’s right. I’m talking machines, robots, and software programs. Those technologies, working together, are the solution for today’s inflation problem. They are the inflation killer.  

If companies simultaneously localize and automate their supply chains, then they will destroy this unreliable web of global economic dependencies while keeping manufacturing costs low – and, indeed, they’ll even be able to dramatically reduce their manufacturing costs.

For example, let’s say I’m a company that has built a manufacturing facility in China because of the cheap labor. Currently, that facility is likely running at ~80% capacity due to continued COVID-19 lockdowns over there, and therefore, I don’t have enough product to fulfill demand. Neither do any of my competitors. So, we’re all bidding for whatever product does come across the Pacific Ocean, driving my input prices way higher, and resulting in both lower revenues and lower margins for me, and higher prices and longer lead-times for my customers.

It's a lose-lose situation

But… imagine I rebuild that same manufacturing facility in America, and use a bunch of robots to build, sort, and package my products, thereby eliminating labor costs associated with warehouse workers, and improving throughput via 24-hour work shifts. Even further, imagine those robots load all those packages into electric autonomous trucks, that then drive themselves to my customers’ front doors and deliver the product, thereby eliminating logistics-related fuel and labor costs and shortening lead times via constant uptime.

And, even further, imagine that entire process is controlled autonomously via a cloud software platform that connects all the moving parts, thereby eliminating labor costs associated with managers and enhancing operational efficiency via constant and dynamic data-driven decision-making.

In that world, I have 100% control over my supply chain. It’s always up and running. I never have a product shortage. I don’t have to pay high labor costs associated with warehouses. I don’t have to pay UPS (UPS), or USPS, or FedEx (FDX) for transportation fees. I can make more product, at lower prices, resulting in higher revenues and profit margins for me, and lower prices and wait-times for my customers.

 

That’s a win-win situation

In other words, advanced supply chain localization via automation technologies has the potential to turn today’s situation of lose-lose inflation into a win-win for businesses and consumers.

 

Welcome, folks, to the Automation Economy.

 

The Automation Economy

 

The Automation Economy is simply the integration of automated technologies into today’s business operations to reduce costs, increase efficiency, and maximize throughput. That includes the usage of automated machinery to mine raw resources. It includes the usage of autonomous trucks, ships, planes, and trains to transport those raw resources to production facilities. It includes the usage of robotics and software to turn those raw resources into usable products, package them, and ship them to their final retail destinations. It includes the usage of machine vision and RFID technologies to enable person-less store checkouts.

It includes everything. Make no mistake. The Automation Economy is the future, because society is constantly evolving toward lower-cost, higher-efficiency solutions, and automation enables a lower-cost, higher-efficiency future of business.

 

It is the future – and the future is now

 

The Dawn of the Automation Economy

Up until recently, the Automation Economy has been the stuff of science-fiction movies and books. But recent advancements in artificial intelligence, edge computing, machine learning and vision, and more have enabled these science-fiction projects to become real-world realities.

Just last month, Walmart (WMT) announced that it will be integrating a full-suite, end-to-end automation system from Symbotic (SYM ) into its 42 regional distribution centers. This system combines giant robot arms with a fleet of mini “Symbots” – or mobile, multi-purpose robotic machines that look like a hybrid of a forklift and a go-kart – to fully automate essentially all processes in a warehouse or a distribution center. It’s really awesome technology, and for those interested, I’d suggest you watch this video demonstration of Symbotic’s tech.

 

Warehouse automation

 

Walmart first launched the tech in a few warehouses last year. The company has since achieved industry-leading throughput at those warehouses with Symbotic’s technology. That early data has been so promising that Walmart – just a year later – decided to adopt Symbotic tech everywhere. By 2028, every Walmart distribution center in America will be fully automated. 

Walmart isn’t alone in the rapid and sudden uptake of automation technologies. Across the restaurant industry, companies are turning toward automation technologies to help with staffing shortages. Chipotle (CMG) is using robots to make tortilla chips at certain locations, while White Castle is using a different version of the same robot to make burgers. Chili’s has its own robot servers – Rita the Robot – which are in-use at more than 50 locations nationwide. Domino’s (DPZ) is delivering pizzas using autonomous cars in Houston.

 

Restaurant automation has arrived

So has retail automation, where Sam’s Club is using robots to clean floors and take stock of inventory on a daily basis. Kroger (KR) is using robots to prepare grocery delivery and pick-up orders. Amazon (AMZN) has built entire cashier-less and checkout-free retail stores using a combination of hardware and software automation technologies where you simply walk in, pick up items, and walk out, with your purchases charged to your Prime account.

 

We presently sit at the dawn of the Automation Economy

Things are only going to accelerate from here. Research firm ABB recently released the results of a survey of 1,610 executives in the U.S. and Europe. An astounding 62% of them plan to invest heavily into robotics and automation over the next three years. According to ABB:

“Business leaders are responding to unprecedented supply chain disruptions by putting into place measures to make operations more resilient and adaptable.

All told, the Automation Economy is expected to grow by more than 25% per year over the next five to 10 years, according to every major research firm that covers the space. We truly stand at the base of a Mt. Everest-sized economic opportunity – but only those who invest in this emerging technology today will make fortunes in the long run.

 

 

New Opportunities Are Emerging For Citizens of The World.

Freedom and democracy may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World' to gain their own Freedom by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives through the democratization of power and opportunity.

Along with the major long-term trend of society towards decentralization and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.

Markethive.com for example will be releasing its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…".

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins for "FREE" along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.

Be sure to check it out today – Markethive.com

Markethive

Tim Moseley

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Effective Ways to Avoid Emotion-Based Investing

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Effective Ways to Avoid Emotion-Based Investing

Effective portfolio monitoring is essential for navigating the changing tides of financial markets. Still, it is also necessary for individual investors to manage their behavioral impulses of emotional buying and selling of assets that can come from following the market's ups and downs. It is no secret that emotions play a significant role in investment decisions. This is because humans tend to make decisions based on feelings rather than reason. 

Emotion-based investing is a term that refers to selecting stocks or other investments based on factors such as feelings, emotions, and intuition rather than purely objective analysis. The main reason why emotion-based investing can be dangerous is that it leads investors to make decisions without understanding the consequences of their actions. Emotion-based investors are more likely to react emotionally instead of rationally when making investment choices.

If you want to avoid emotion-based investing, it's essential to learn how to control your emotions and to measure how emotionally invested you are in investment. This is easier said than done, but you can use a few techniques to manage the situation, which will be discussed in this article.

Investor Behavior

Investor behavior is an essential topic of research that has been studied and analyzed for many years. Investor behavior can be broadly categorized into two types:

  • Behavioral finance
  • Financial engineering

Behavioral finance focuses on the psychological factors that influence investment decisions, while financial engineering seeks to use mathematical models and computer simulations to understand how markets work. Behavioral finance considers investor decision-making under uncertainty, which is a critical factor in modern portfolio management. Financial engineers use mathematics to model complex relationships between returns, risk, dividends payouts, stock prices, interest rates, etc.

Recognizing different investor behavior types can help you make more informed investment decisions. Investor behavior is a critical part of successful investing. By understanding different types of investor behavior, you can make informed decisions that will lead to greater returns.

Humanizing Your Investment Decisions

When making investment decisions, we often take into account the potential return on our investment, as well as the potential loss. However, it is often difficult, if not impossible, to divorce ourselves from emotion when making these decisions ultimately. For example, we may feel excitement, fear, or panic when considering a potential investment loss or gain, and this can tilt the scales in favor of an investment that would otherwise be seen as risky.

Image Source Cooperators

We often humanize our investment decisions by attaching emotions, thoughts, and feelings to the different choices we make. We might justify a decision based on how it makes us feel or what it means to us. This tendency can significantly impact our financial decisions because it can lead us to overlook important facts and risks. Our emotional attachments can also distort our judgment about risk-reward relationships, which could result in poor investments.

Time-Tested Theory

The belief that several market participants buy at the top and sell at the bottom has been proven by historical money flow analysis. The analysis looks at the net flow of funds for mutual funds and constantly shows that when markets are hitting highs or lows, buying or selling is at its highest. The notion of a trade cycle has also become accepted as most economic cycles have a 3 to 6-year period where money flows into equities and then flows out for the next ten years or more. 

This theory was first introduced by Benjamin Guggenheim and later popularized by Paul Samuelson, who called it "the efficient market hypothesis" (EMH). Much research has been done on this subject, including work by Eugene Fama, Robert Shiller, Mark Rubinstein, and John Campbell.

While this concept was well known to Wall Street in the 1980s, it's now being applied to individual and institutional investors as we all try to time our investments to make a profit based on price movement rather than fundamentals and timing market tops and bottoms. A Simple strategy that worked over 30 years ago, legendary investor Bruce Kovner described an investment strategy he called "buy and hold."

Image Source Sarwa

It seem like a challenging approach, but it works! His method involves purchasing stocks at low prices and holding them until they rebound. This is a great way to find bargains because the stock market will go up over the long term more than down.

Understand the Benefits of Market Timing

Market timing is an investment technique that predicts the stock market's direction. Market timing has been shown to be a very risky strategy. The main reason why market timing is so dangerous is that it can lead investors to buy high and sell low, which often results in significant losses. There are many reasons why market timers fail: they may incorrectly predict future trends, focus on short-term rather than long-term factors, or make decisions based on emotions rather than sound logic.

There are many benefits to market timing, including:

  • Increased returns
  • Increased profits
  • Better risk management
  • More accurate portfolio allocation
  • Easier investment 

The best time to invest in stocks or other securities is when the market is undervalued. When the market is overvalued, there is a greater chance that a security will appreciate, regardless of the quality of the underlying business. When the market is correctly valued, you can profit by buying undervalued securities and holding them until they reach their actual value.

The key to good market timing is to use a diversified portfolio that includes a wide range of securities. By diversifying your investments, you reduce the risk of panicking and making poor investment choices. By investing in a variety of assets, you can ensure that you are exposed to a variety of markets and will have a chance to capture favorable market trends.

Techniques to Take the Emotion Out of Investing

Investing is a vital part of any person’s life. It can provide security and stability and help achieve financial goals. However, like any other activity or decision-making process, investing comes with its own emotions and concerns that need to be considered when making an investment choice. The emotional component of supporting stems from the fact that investing involves risk and potential gains and losses.

Two things are difficult to cope with emotionally, especially if you have just started on this journey of building wealth for yourself and your family through investing and savings decisions and actions over time. The first thing to understand about the “emotional” aspect of investing is that it has to do more with how we make decisions rather than what we decide to invest in or not since many factors are involved in such decisions.

The second part is understanding how to get rid of them to make informed decisions based on facts and figures, not feelings and biases which can lead to wrong choices or decisions that may come back to haunt you later on in your investment journey (and life).

There are several strategies that investors can use to take the emotion out of investing so that they can make informed decisions based on facts and figures alone. Let’s have a look at some ways to take the emotion out of investing and start investing more effectively and safely.

Be Patient

Image Source Sarwa

When it comes to investing, patience is key to success! I know that seems contradictory but bear with me for a moment. In my experience, when you think about what you can do to improve your financial situation, it is easy to get caught up in trying to solve all your problems today. Rather than focusing on solving them one step at a time over the long term and ensuring that those steps work for you every day of the week, even if they feel small and unimportant, to begin with. The first step towards increasing your financial literacy level is understanding where you currently stand financially and then deciding how you want your finances to be in the future.

Remember the Past

When the market takes a deep dive, remember that this isn't the first time it's happened. The stock market has overcome many obstacles, such as 9/11, the Great Recession, and the market crash of 1987. It is always destined to recover eventually, although a few people might argue that the market hasn't recovered yet, considering the recent decline in stock prices and unemployment rates, which need attention for countries to come back on track economically and socially.

So when a crisis hits like what we're experiencing now, investors need to remember that panic is the worst thing they can do. Inexperienced investors who have only seen a bull market are more prone to become emotionally charged during times of prolonged volatility.

Benjamin Graham, a British-born American economist, professor, and investor, once said, 

"individuals who can not master their emotions are ill-suited from profiting from the investment process."

Consult With an Expert 

Consulting with a financial expert will help you examine the accuracy of your thinking and give you something else you need; which is time. If you can not afford a financial advisor, at least speak to someone before you make an investment decision. That is, as long as they are knowledgeable enough and not panicking. (Of course, some people are both.)

You must choose the right company for you because many investment companies have investment offers that may be suitable for one type of investor but not another, or investors in certain countries but not others. When choosing an investment firm, you need to know which investment types to look out for. Be sure you're willing to accept the risk level if you want to invest your money with them, such as investing through the stock market, putting cash into bank accounts, bonds, certificates of deposit, crypro, or any other investments.

Control Your Risk Aversion

You can control your risk aversion by understanding why you feel the way you do. We all have a fear of losing, which is based on our past experiences. You are likely to have lost lots of money in the past. You remember this pain very well, and it has influenced your current investment behavior. When we are faced with a risk we do not understand, our brain automatically sends a signal to our body to reduce our intake of that risk. We do this by reducing the amount of dopamine which is a neurotransmitter.

To be able to make informed investment decisions, we need to be able to take the emotion out of it. We can do this by breaking the decision down into smaller steps. This is where the technique of breaking down a problem into manageable steps can be of great help. By doing this, we can reduce the fear of Failure and increase our chances of success.

Other things to consider are:

  • Be cautious when investing heavily in shares of any stock
  • Evaluate your comfort zone in taking on risk
  • Draw a personal financial roadmap
  • Evaluate an appropriate mix of investments
  • Cultivate and maintain an emergency fund
  • Consider rebalancing your portfolio occasionally
  • Resist circumstances that can lead to fraud

Develop a System of Investment

There are several benefits to developing a system of investment. One advantage is that an investment system allows you to make prudent decisions concerning your overall financial status. You can adjust your asset allocation as needed to match your risk tolerance and desired return objectives. Furthermore, an investment system allows you to take advantage of compounding returns, resulting in high returns over time.

To create an investment system, you must clearly understand your goals and objectives. You also need to understand your financial situation and risk tolerance clearly. Once you have established these baseline parameters, you can start constructing a system of investment. Many options are available to you, and choosing the appropriate one for your unique circumstances is crucial.

The Bottom Line 

Successfully Investing without emotion is easier said than done, but some key considerations can prevent individual investors from chasing wasted profits or panicking by overselling. Understanding your investment risk is an essential basis for making rational decisions. It is also important to actively understand the market and the forces driving uptrends and downtrends.

The following questions will help you build a solid foundation for investing without emotion:

  • What are your expectations?
  • How do you feel about your past experiences?
  • Do you have any biases that might cloud your ability to make sound decisions?
  • Can you clearly define what constitutes a “win”?
  • Do you believe in luck or miracles?
  • Does your family history affect how you think about money and finance?
  • How much time do you want to spend learning?
  • Are you willing to pay the price in time, effort, and attention required to develop and maintain a disciplined approach to investing?

If you provided unbiased answers to these questions, then it is possible to invest successfully without emotion. While sometimes aggressive and emotional investing can be successful, overall, data shows that following a realistic investment strategy and staying the course despite market volatility often yields the best long-term performance returns.

 

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

 

 

 

 

 

Tim Moseley

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Gold prices may see a short-term bounce next week but sentiment remains depressed

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Gold prices may see a short-term bounce next week, but sentiment remains depressed

The gold market is seeing its worst weekly performance in two months as its 4% decline matches the same move seen in May.

Mixed sentiment in the precious metal markets doesn't point to a significant recovery anytime soon, even if market analysts see the price action as significantly oversold, according to the latest Kitco News Weekly Gold Survey.

Gold struggled this week as investors expect the Federal Reserve to continue to aggressively raise interest rates to cool down rising inflation pressures. According to the CME FedWatch Tool, markets have all but completely priced in a 75-basis point move later this month.

According to some analysts, the U.S. central bank's aggressive stance has propelled the U.S. dollar to a 20-year high, which single handily drove gold prices to test long-term support at $1,730 an ounce.

Although there is some significant bearish sentiment in the marketplace, some analysts have said they are looking for a bounce in the near term.

"Gold is overall bearish, but approaching significant possible exhaustion levels below, which could trigger a bullish correction/trend," said Michael Moor, founder of Moor Analytics. "We have broken below multiple bearish formations, but are likely in the last structural stretch down from the highs."

Colin Cieszynski, chief market strategist at SIA Wealth Management, said that he also sees the potential for at least a short-term bounce in gold.

"The recent drawdown in the gold price has mainly been driven by a rally in the U.S. dollar, which has been getting overextended technically. With the RSI for XAUUSD getting oversold, gold could be due for a short-term trading bounce," he said. That being said, with so much capital moving into the U.S. looking for a defensive haven, gold could continue to struggle against the U.S. dollar."

Gold faces a difficult second half but it's not hopeless – World Gold Council

Cieszynski added that while gold could struggle against the U.S. dollar, it remains strong against other major global currencies.

This week 15 Wall Street analysts participated in Kitco News' gold survey. Among the participants, six analysts, or 40%, we're bullish on gold in the near term. At the same time, five analysts, or 33%, were bearish on gold, and four analysts, or 27%, were neutral on the precious metal next week.

Meanwhile, 484 votes were cast in online Main Street polls. Of these, 204 respondents, or 42%, looked for gold to rise next week. Another 183, or 38%, said lower, while 97 voters, or 20%, were neutral in the near term.

Although sentiment among retail investors remains low, the participation rate is also low, indicating very little attention to the precious metal within this volatile environment.

Although gold has room to move lower in the near term, some analysts have said there is still solid support in the marketplace.

Phillip Streible, chief market strategist at Blue Line Futures, said that the selloff could be seen as a capitulation move as many complacent long positions have left the market.

"A lot of fat has been trimmed this week and we don't think there are that many sellers in the marketplace. I don't think we see prices fall much below $1,700," he said.

However, other analysts remain significantly bearish even if there is a break in the selling pressure.

"The big picture for gold is still bearish, but I am finding it tough to jump back in," he said. "I'm looking for $1650, which would be the neckline in a big double top that projects back toward $1200," he said.

For many analysts, if gold is going to regain its luster, the market needs to see a shift in U.S. monetary policy. The Federal Reserve's expected 75-basis point move remains a challenging headwind for gold.

Some analysts and economists noted that the latest employment report, which showed that the economy created 372,000 jobs last month, has solidified the rate cut. The market is seeing some hope that the U.S. central bank can engineer a soft landing as it continues to raise interest rates.

By Neils Christensen

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

The Artist that came out of the Winter