Gold suffers amid solid gains in USDX steep rise in US Treasury yields

Gold suffers amid solid gains in USDX, steep rise in U.S. Treasury yields

Gold and silver prices are solidly lower in midday U.S. trading Monday, pressured by a U.S. dollar index that is solidly higher and trading near a 20-year high, and by sharply rising U.S. Treasury yields that are at multi-year highs. Gold prices did hit a five-week high overnight but those gains could not be held. August gold futures were last down $41.30 at $1,833.80. July Comex silver futures were last down $0.681 at $21.25 an ounce.

Global stock markets were mostly lower overnight. U.S. stock indexes are sharply lower at midday and hit new for-the-move lows. The Russia-Ukraine war and its economic implications, and problematic price inflation are weighing heavily on trader and investor sentiment to start the trading week. Add to that mix Covid lockdowns on the rise in China, the world’s second-largest economy and a major supplier of products around the globe. Don’t be surprised to see gold and silver bulls buy this dip amid the keener anxiety in the marketplace early this week.

The key outside markets today see Nymex crude oil prices firmer and trading around $121.50 a barrel. The U.S. dollar index is solidly higher and near a 20-year high. The yield on the 10-year U.S. Treasury note is fetching around 3.4%–the highest level in 14 years.

Crypto currencies are under strong selling pressure again to start the trading week.

The data point of the week is the Federal Reserve’s FOMC meeting that begins on Tuesday morning and ends Wednesday afternoon with a statement. The Fed is expected to raise U.S. interest rates by at least 0.5%. Fed Chairman Jerome Powell will hold a press conference after the FOMC meeting concludes Wednesday afternoon.

Entire financial system is 'a black hole,' crypto will become the dominant force – Garry Kasparov

Also to be monitored closely will be Tuesday’s U.S. producer price index report for May, which is seen up 0.8% from April and compares to April’s reading of up 0.5% from March.

There wase no major U.S. economic data released Monday.

Technically, the August gold futures bears have the overall near-term technical advantage and regained power today. Bulls’ next upside price objective is to produce a close in June futures above solid resistance at the June high of $1,878.60. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,800.00. First resistance is seen at $1,850.00 and then at $1,878.50. First support is seen at today’s low of $1,824.70 and then at $1,815.00. Wyckoff's Market Rating: 3.0

July silver futures bears have the solid overall near-term technical advantage. Silver bulls' next upside price objective is closing prices above solid technical resistance at $23.00 an ounce. The next downside price objective for the bears is closing prices below solid support at the May low of $20.42. First resistance is seen at $22.00 and then at $22.25. Next support is seen at today’s low of $20.91 and then at $20.42. Wyckoff's Market Rating: 2.0.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

Are You Ready For The Next Gold Rush?

Are You Ready For The Next Gold Rush?

by Luke Lango, editorHypergrowth Investing


Are You Ready For The Next Gold Rush?


Don't Try To Do The Impossible

During periods of elevated market volatility – such as the one we’re seeing right now – just do one thing: Focus On The Big Picture.

The simple reality, folks, is that it is nearly impossible to predict with any great certainty what’s going to happen over the short term. Inflation could keep rising. Or it may start decelerating. The Fed may hike rates 10 times. Or they may make a U-turn in the summer. Russia may try to invade mainland Europe. Or they may stop the fighting altogether.

There’s a lot of uncertainty out there right now. So, let’s do ourselves a favor and stop trying to do the impossible in predicting how all of those risk factors will play out.

Instead, let’s do something much easier. Let’s take a deep breath. Let’s zoom out. Let’s look at the big picture. And let’s realize that while today’s macroeconomic and geopolitical risks may seem like world-enders, they are not. Just like no macroeconomic risk or geopolitical risk before them was a world-ender.

COVID-19? The world kept turning. Great Financial Crisis? The world kept turning. Dot-Com Crash? The world kept turning.

Lather. Rinse. Repeat. In the big picture, the world, the U.S. economy, the stock market, and humankind generally have a multi-century track record of trumping crisis, after crisis, after crisis, after crisis.

That’s The Big Picture

Keep that in mind while stocks throw a little temper tantrum here. Because, in doing so, you’ll realize that what you should be doing amid this market meltdown is simply focusing on the long-term technological trends reshaping our world.

I’m talking artificial intelligence, electric vehicles, digital advertising and shopping, robotics, and more. Those trends are not going to be derailed, stopped, or even slowed all that much by what’s going on in the market today.

Just like computers weren’t stopped by Black Monday. Just like the internet wasn’t stopped by the dot-com crash. Just like cloud computing wasn’t stopped by the financial crisis.

Ultimately, world-changing trends always end up changing the world – regardless of what happens in the near term. All that is really a long-winded way of saying that the best investment strategy at the current moment is to ignore the noise and focus on the long-term megatrends reshaping our lives. Today the best such megatrend is… the "Battery Gold Rush."


Batteries Are Everything These Days

When you sit back and really think about it, pretty much every technological megatrend out there requires batteries to power it. Electric vehicles? They run on lithium-ion batteries. Energy storage systems? They, too, run on batteries. Artificial intelligence? Built on software, which is run on computers, which are powered by… you guessed it… batteries.

What about smartphones? VR headsets? Charging stations? All those end markets need batteries, too. Morgan Stanley aptly summed it up in a research note just a few weeks back by saying:

“We need batteries. Literally everywhere.”

The world is about to embark upon a battery infrastructure spending boom over the next decade so that countries and companies can produce enough batteries to power these tech megatrends.
Batteries will be the epicenter of our tech-dominated future. Demand for them is going to increase at exponential rates in the 2020s.

But there is not an infinite supply of batteries. If anything, we have a supply shortage today. Therefore, there is going to be a battery spending boom over the next decade, wherein companies all along the battery manufacturing supply chain will make a lot of money.

It Will Be A Battery Gold Rush

The “holy grail” of the coming “Battery Gold Rush” will be a special type of battery that I like to call a forever battery. And it’s going to change the world as we know it. To understand why we need to take a quick trip back to chemistry class…

Batteries comprise three things: a cathode, an anode, and an electrolyte. Batteries work by promoting the flow of ions between the cathode and anode through the electrolyte:

Conventional lithium-ion batteries are built on liquid battery chemistry. That is, they comprise a solid cathode and anode, with a liquid electrolyte solution connecting the two. These batteries have worked wonders for years. But, due to the physical constraints of dealing with a liquid electrolyte, they are now reaching their limit in terms of energy cell density. This basically means that if we want our phones, watches, and electric cars to last longer and charge faster, we need a fundamentally different battery.

Insert The Solid-State Battery

With solid-state batteries, the name pretty much says it all. Take the liquid electrolyte solution in conventional batteries. Compress it into a solid. Create a small, hyper-compact solid battery that – because it has zero wasted space – lasts far longer and charges far faster.

The implications of solid-state battery chemistry are huge. Solid-state batteries could be the key to making our phones sustain power for days… enabling our smartwatches to fully charge in seconds… and, yes, allowing electric cars to drive for thousands of miles without needing to recharge.

That’s why insiders dub solid-state batteries “forever batteries ” — and it is why these 'forever batteries' are the holy grail of the Battery Gold Rush. Competitive advantages in the 2020s will be gained by companies using the best batteries. The better the battery, the better the performance of an electric vehicle, phone, energy storage system, and more.

Therefore, there won’t be any rush for old-school batteries built on old tech. But there will be an unprecedented mad dash for these solid-state batteries. Said differently, the Battery Gold Rush of the 2020s will be focused on solid-state batteries.

The Battery Gold Rush was always going to happen. But recent developments – specifically, Russia’s invasion of Ukraine unearthing the supply and price fragility of a fossil fuel energy system – have accelerated and enhanced it.

The Battery Gold Rush isn’t something that is going to happen in two, three or five years – it’s happening right now. And it will change the rules of the global economy over the next 12 months.


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. 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 –


Tim Moseley

Gold is great but it’s not Bitcoin -Edward Snowden talks independent money

Gold is great, but it's not Bitcoin – Edward Snowden talks independent money

Gold is Bitcoin without the Internet option, said Edward Snowden, whistleblower and president of the Freedom of the Press Foundation. He also sees the financialization hype dividing the crypto space, advising people to use cryptocurrencies instead of investing in them.

At the Consensus 2022 conference in Austin, Snowden stressed the need for an independent form of finance, which is how gold came up.

"Gold is great, but gold is not portable. Gold is not transmissible beyond borders at the tap of a button. But Bitcoin and crypto, more broadly, are. That is an astonishing thing. It gives us an indication of the power of how the world can be changed," he said virtually on Saturday. "We have too many currencies that are too unreliable. And that's what crypto beginning to address. We are seeing the transformation of cryptocurrencies moving to cryptographic monetary instruments."

The problem crypto is attempting to solve deals with the existing system being fundamentally unfair, Snowden said. "Look at the economy. There is an increasing concentration of recourses in fewer hands. We see this financialization creeping into the crypto ecosystem."

Snowden criticized the crypto industry for letting the financial aspect drive evolution of the space. "Everyone in crypto is fragmenting into tribes because of the financialization of cryptocurrency, they are more about making money," he said.

Snowden's fear when it comes to privacy is identity and money being used against the population. "I am worried about the world in which identity is used against us; our money is used against us. We need free money – in the independence sense."

Snowden once again reiterated that Bitcoin is not private, and that is a failure as an electronic cash system. In the past, Snowden has cited his concerns with this, saying that Bitcoin has a public ledger, not an anonymous ledger.

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

The Bitcoin Law Announcement Was A Special Day In History

The Bitcoin Law Announcement Was A Special Day In History

by Bap 


Jack Mallers announcing Bukele’s Bitcoin Law was a momentous occasion in history, not only for Bitcoin and El Salvador, but for the entire world.

It was June 2021 in Miami. Thinking back to that day, I recall the crowds and lines: It was a hot summer afternoon, the first Bitcoin event I’d attended, and one of the first outings I’d been to in over a year following the pandemic. To say that I was uncomfortable, both socially and physically, was an understatement. If that’s not enough, the adrenaline was hitting me from sneaking by the security guards who were removing those standing in the hallways and fire exits. There were basically people crowding on top of one another to get in — maybe they were just trying to get in the air conditioner, I don't know — but I do believe this was ground zero for a new BTC variant. This made it all the more special after I got through.

That’s because this was not a normal announcement full of press releases, fancy buzzwords and logos. It was a memory filled with emotion, energy and excitement — hope was in the air. After leaving that room, I really felt optimistic about the future of Bitcoin, El Salvador and the world. Jack Mallers went way over time too. He was so emotional that he could barely get his words out, and I remember really feeling his care and concern when he talked about his time in El Salvador. It was infectious.

That was a big day in history for Bitcoin. Not that Bitcoin needs governments to adopt it, but I do believe that the sooner governments adopt it, the sooner we can switch to a sound money system and the more peaceful and harmonious the transition will be. This will be marked in history, and in my mind, as the day that nation-state game theory began. As Mallers, the chess man, says, it's a “pawn to E4 moment.”

Before 2021, it was only speculation that governments would adopt bitcoin. Us Bitcoiners knew the game theory would make it happen eventually, but it all became real with the Bitcoin Law from El Salvador and its proposed status as legal tender. To put it in perspective, the only thing I knew about El Salvador before the announcement was the significant gang violence and high crime rates from a Vice documentary, and I’d seen pictures of the stunning beaches. That changed after the announcement, as I took a deep dive into the country and its history. It really had me start questioning who was developing my perspectives: the media or me. I'm glad to say that I now understand a lot more clearly about how Bitcoin first helps those who need help the most.

As I think back on the announcement one year later, I realize that perhaps everything is unfolding exactly how it's supposed to. I pause and reflect on the current frustration with my peers and the media in the United States and their resistance to Bitcoin, but now I see they'll be adopting later — because they don't need bitcoin just yet. This has been a big shock for me and really opened my eyes to a lot of differences in cultures around the world, and one of the most important points about Bitcoin: It’s for everyone. Thanks to Jack Mallers, President Bukele and the nation of El Salvador for pushing forward the goal of Bitcoin for all.


Tim Moseley

Linden Tree Symbol Of Health And Peace

Linden Tree Symbol Of Health And Peace


Linden trees have a long history of being cultivated for their therapeutic properties. In fact, the linden tree has been recognized as a symbol of health and peace for thousands of years. Throughout the ages, linden tree symbolism has been associated with a wide range of positive traits and qualities. In many cultures, the linden tree has been viewed as a potent charm against evil.

Tilia cordata, the small-leaved lime or small-leaved linden, is a species of tree in the family Malvaceae, native to much of Europe. Other common names include little-leaf or littleleaf linden, or traditionally in South East England, pry or pry tree. Its range extends from Britain through mainland Europe to the Caucasus and western Asia. In the south of its range, it is restricted to high elevations.

In the countries of Central, Southern and Western Europe, linden flowers are a traditional herbal remedy made into an herbal tea called lime tea or linden tea in Britain, tilleul in France.

Tilia cordata is the national tree of the Czech Republic and the Slovak Republic, and one of two national trees in Latvia. The leaf of Tilia cordata is also considered a national symbol of Slovenia.


As a drug, the flower is also taken with the leaf (Flos tiliae). It is collected even before full flowering, since there should not be fruits in it. The torn flowers are dried and used for the preparation of lime tea or combined medicinal mixtures. 

When collecting it is necessary to beware of confusion with linden silver or linden American, whose flowers do not have the desired effects. It is not a problem to confuse it with the greater linden or its hybrid with the lesser linden.

Linden trees  grow from 20 to 40 meters in height and live at least 200 years.


Healing properties

It promotes sweating, has diuretic effect, treats colds, bronchitis, cough, congestion, and works as an effective antipyretic. It has a beneficial effect in diseases of the digestive and urinary systems, mild insomnia, neurosis and hysteria, and strengthens blood clotting.


Lime blossom is not associated with any contraindications, it is often recommended as a drinking tea, so it can be drunk continuously. Linden is just that herb , the effect of which is enhanced by long-term drinking. Tea from Linden is not given only in case of an allergy to linden blossom.



case of an allergy to linden blossom.


Linden Ointment

  • 2 handfuls of lime blossom 
  • 200 g of coconut oil 
  • 30 g of beeswax


Add the lime blossom to the coconut oil, macerate, and heat occasionally. Let it stand for five days, then warm the mixture a final time. Strain the oil, and add pieces of beeswax into the warm oil and let them dissolve. Fill the prepared jars with the oil immediately.

Linden Decoction

Decoction of Linden is suitable for both adults and children and has proven to be very effective with viruses. Linden leaves are also recommended for people with sedentary work, who suffer, for example, swollen ankles or fingers on their hands. 

Decoction is also an assistant for people tired of work or raising children. Last but not least, the decoction of the leaves will be liked by overworked and mentally exhausted people who sleep poorly.

Combination With Other Herbs

You can combine Linden leaves with other herbs to enhance their effects. They get along well with chamomile, lemon balm and black elderberry. Linden with chamomile or lemon balm can calm the mind, and Linden with black elderberry facilitates expectoration.


                                  Spread of Linden in Europe and Asia


Tree Suitable Not Only For Healing

The healing properties of Linden are not the only use of this beautiful tree. It is commonly seen in parks and gardens to create shade. Linden is a widely used tree in many industries. It is purposefully planted for quality wood, which is popular among carvers and carpenters. 


The Linden tree is used, among other things, in the manufacture of musical instruments, furniture, as a raw material for the production of charcoal and animal charcoal (Carbo medicinalis). Lime bark is widely used in footwear, basketry and rope making.

Linden is richly mentioned in history as an ornamental tree with a significant symbolic meaning. In the US, the Linden during the 17th and 18th century, became an important part of building planning. 

A similar example can be found in Berlin (boulevard Unter den Linden). In the dark European Middle Ages, Linden was used to make weapons (see Beowulf). Linden is the National Tree of the Czech Republic, but also of Slovakia. Slovenians consider the leaf of the Linden heart as one of their national symbols.


In the old Slavic culture, Linden was a sacred tree and was identified with the goddess of love and beauty named Lada. 

A Symbol Of Protection

Have you ever wondered why Linden is the Czech national tree? Linden has become a symbol of protection, help and love for its fragrance, charming crown and kind shade. People believed that he could drive away evil spirits and with his energy, rid a person of gloomy thoughts.

Everything culminated at the All-Slavic Congress in Prague in 1848, where Linden became the tree of the Slavs and officially since then, the Czechs have also considered it their national tree.

Lindens have also been associated with justice and the life force of our country since ancient times. Lindens transmit this power in a calm and healing way. In many tribal areas of our ancestors, not only the Slavs and Germans, Linden was a center for meeting and resolving disputes leading to just punishment. 


Whenever it came to finding the truth in legal disputes, people gathered under the linden tree. They say that under it the pure truth will come to light, that its fragrance will tune the judge mercifully, and the quarreled parties will reconcile.


Linden in Glucholazy

Tree Of Peace

Glucholazy is a Polish town near to border of Czech Republic. This tree was probably planted after 1648 to commemorate the end of the thirty years ' war, which devastated parts of central Europe, including Silesia, as a Tree of Peace ("fridenslinde" – "Linden of peace")

Studies conducted several years ago allow, with a high probability, to assume that the deaf-mute monument of nature is indeed a "Linden of peace". Linden was mentioned already in antique times  in works, for example, by Vergilius, Ovidius and Plinius, calling it the "golden tree".


“There are trees that you will remember for the rest of your life as some human faces;

there are trees that are almost holy.” 

                                                                             Karel Čapek  (Czech writer)


Just in this period of year linden trees are smelling of reconciliation and peace.







Tim Moseley

What Is Solana? And More Importantly How Does It Work?

What Is Solana? And More Importantly, How Does It Work?


Have you heard of the term Solana, and wondered what it might be? Discover the Solana Blockchain and how its unique technology works in more detail.

Cryptocurrencies marked the beginning of an entirely new era for finance and technology. The crypto sector has taken away intermediaries from the structure of conventional financial services by introducing peer-to-peer transactions. However, established cryptocurrencies such as Bitcoin and Ethereum have significant limitations in terms of scalability. Why? It is challenging to scale up the time required to reach a consensus on a specific order of transactions. 

Due to scalability problems, alternatives like Solana have emerged as promising solutions for such issues. Now, you might marvel at how the new cryptocurrency company could solve problems that the crypto pioneers could not. Let us dive deeply into the Solana blockchain and learn more about their system. This article will also help you discover the new and unique features introduced with the Solana Blockchain.

Image courtesy of Medium

Solana: What Is It?

Solana is a new blockchain platform with a unique consensus mechanism called Proof of History (PoH). Proof of History allows Solana to achieve a sustained transaction rate of up to 65,000 transactions per second, much faster than Bitcoin and Ethereum. Solana’s programming language is similar to JavaScript and allows developers to build smart contracts with ease. 

The platform comprises three layers: the Protocol Layer, the Transaction Layer, and the Application Layer. The Protocol Layer is the Solana Blockchain's core, providing a framework for the rest of the platform. The Transaction Layer is the foundation for executing transactions and is made up of blocks. The Application Layer is where developers can create applications that use the protocol. 

Solana’s blockchain is built to solve many of the problems other blockchains face. For example, Solana doesn’t have any hard-coded limits for gas prices or gas limits, which can lead to users running out of gas and failing to complete their transactions. This has happened to users on Ethereum in the past, which has caused many issues for them. Solana’s Proof of History consensus mechanism also makes it possible for users to complete transactions quickly and reliably.

Who Are The Developers Of Solana?

Solana is the brainchild of a group of developers and entrepreneurs who saw an opportunity to create a more efficient and secure form of blockchain technology. CEO Anatoly Yakovenko leads the team, and CTO Greg Fitzgerald, have both had extensive experience in the blockchain industry.

The team strongly believes in the potential of blockchain technology and is committed to using it to create a more equitable and secure world. They are also passionate about creating a product that can be used for trading digital assets and as a daily tool for consumers and merchants alike. 

This is a platform with genuine utility and value-added features such as a decentralized marketplace, exchange, and payment system. Users will benefit from increased security, transparency, and efficiency when purchasing online or at brick-and-mortar stores and shops worldwide. 

A truly global and unified currency system, enabling anyone anywhere to trade directly and instantly with other people within their community or across borders without any middlemen.

Solana's Key Innovation: Proof-of-Elapsed-Time

Proof-of-elapsed-time is the key innovation of Solana, which allows nodes to verify data without having to trust one another or confirm transactions through expensive intermediaries like banks. Instead, Solana's peer-to-peer network eliminates these middlemen and ensures that data that several parties in real-time have approved is valid. 

The proof-of-elapsed-time is implemented using an optional consensus mechanism called  "Tick Time Consensus" or TICK which relies on a timestamping system to establish the elapsed time since the last successful transaction (TICK_TIME). 

It was initially developed to improve privacy for the Bitcoin blockchain. However, it has since been adapted for use with any decentralized application platform such as Ethereum, Hyperledger Fabric, or even DFINITY.

So far, the network has been deployed in dozens of decentralized applications and has become the industry standard for distributed computing applications.

How Does Solana Deliver Scalability?

Solana delivers scalability using a unique combination of proof of stake and Byzantine Fault Tolerance. Proof of stake is a consensus algorithm that helps secure the blockchain by allowing stakeholders to vote on proposed blocks. This system is more efficient and environmentally friendly than proof of work and allows for faster transaction speeds.

Byzantine Fault Tolerance is a system that allows nodes in a network to agree on the validity of transactions without any single node being able to manipulate the system or change data on the blockchain because of malicious behavior or malfunctioning components. This ensures trustless networks and high availability with no downtime, censorship, or fraud as long as there are honest majority participants in the network.

When it comes to scaling, proof of stake can be used as an effective method of achieving fast confirmation times for smart contracts while avoiding the use of expensive hardware and energy consumption to validate blockchains.

Solana's Core Components

Image courtesy of Medium

For Solana to achieve all its goals, the developers have developed the essential technical components to make the blockchain suitable for the capabilities of a centralized system. As a result, the network is full of several kinds of systems, and these systems work together to create a useful and reliable blockchain network. Here are the core components of Solana Blockchain:

  • Proof of History
  • Tower BFT 
  • Gulf Stream 
  • Sealevel
  • Pipelining
  • Turbine
  • Cloud break
  • Archivers

Proof of History (PoH)

The important and key feature is that the PoH mechanism serves a vital role in the Solana blockchain. It creates more efficiency and a greater throughput rate within the network. This protocol improves the efficiency of blockchain by integrating timestamps in every transaction approval. So, historical records of transactions, blocks, etc., are stored on a distributed ledger which can be used for the security and verifiability of any smart contract or transaction that has been approved with the PoH function and time-stamp verification feature in the blockchain.

Tower BFT

The Tower BFT is the second and most crucial component of Solana Blockchain, and the system strengthens network responsiveness by empowering validators to vote on the state of the ledger. This mechanism also records the previous votes and the time stamp of each transaction, ensuring that the data cannot be altered later on (data integrity).

Gulf Stream

The gulf stream feature works with the mempool concept. You might be thinking about what mempool is. Mempool is a part of the blockchain that stores all transactions from previous blocks and is used to add new transactions to the blockchain.  

This is much like how banks use their vaults to store your money as it comes in and goes out of your bank account without losing it permanently, just temporarily stored in the vault. The same thing happens here; when money goes into a new transaction, it gets recorded on the blockchain forever to show where it came from and where it went.


The Sealevel feature provides a significant benefit over the most well-known smart contract-based networks out there today. This is used to perform smart contracts that can operate in parallel, and this system likewise allows compatible smart contracts to leverage the same protocols. 

As such, it permits easy interoperability with other blockchains, especially those that don’t have their custom-built systems or protocol layer for smart contracts, allowing the user to connect with them instead of learning entirely new technology and infrastructure. This helps users to start working on a project together and interact with each other more easily and efficiently than ever before.


The Solana Blockchain is an open-source hardware system that integrates a transaction processing unit called pipelining. The protocol works by processing the transactions in batches instead of one by one using the pipelined operation mode. It minimizes latency and increases throughput on a single machine/hardware platform running Solana Blockchain software or node application code, increasing overall network bandwidth and stability of the network and its applications (blockchain).


The turbine is another blockchain feature introduced by Solana. The Solana blockchain distributed system takes massive data and segments it into smaller chunks, and this data can be sent to the computer faster and use less bandwidth.


The cloudbreak is another Solana network’s account database, and this system enhances iterations by enabling the system to read and write data simultaneously. Cloudbreak works in line with pipelining and other protocols.


Archivers represent a group of nodes that are interconnected in a system outside the main Solana network and work as storage for Solana.

This means that if a node joins a network, it will not be able to join the Archiver network until it has been synced from one of the Archiver nodes or has its Archiver node created by another node in the main Solana network.

The reason is that nodes in the archiver network do not store any data; rather they only provide a connection between other nodes in the main network with each other to facilitate transactions without the need to transmit all the data over the network and increase transaction speeds.

What Is The Future Of Solana?

Solana is undoubtedly a new type of blockchain that can handle large amounts of transactions without ever clogging up the system. What does that mean for the future of Solana? It means that Solana has the potential to handle the load that traditional blockchains are not able to. 

Think about it this way: right now, Bitcoin can only manage seven transactions per second, and Ethereum can only manage fifteen. Solana has the potential to manage up to sixty-five thousand transactions per second. 

That's huge compared to the many transactions like Bitcoin and Ethereum execute altogether in a second. This makes Solana one of the most promising next-gen blockchain projects, with tremendous upside potential for those who invest in Solana early enough.


The Solana blockchain protocol is designed for scalability. It achieves scalability by implementing a proof of stake algorithm and by utilizing a revolutionary decentralized data storage technology known as Inter-Blockchain Communication (IBC). IBC allows the nodes to communicate directly with each other without going through the network’s primary layer or any intermediary node on the blockchain network. 

The complete process happens via the IBC channel between two blockchains in real-time, allowing transactions to be processed almost instantly instead of waiting for blocks to be mined and confirmed on the network’s main chain first before moving forward with the transaction or block execution.








Tim Moseley

13 Things You Should Almost Never Put in a Text

13 Things You Should (Almost) Never Put in a Text

by Edward C. Baig, contributing writer, AARP Webletter


13 Things You Should (Almost) Never Put in a Text



Think Hard Before Sending Any Of These Messages

After Brian Flores failed to land the head coaching job with the New York Giants this year, he sued the team and the National Football League, saying the Giants held a sham interview with him merely to comply with a league mandate requiring them to meet with a minority candidate.

Flores, who is Black and was born to Honduran immigrants, was head coach of the Miami Dolphins for three seasons before being fired in January 2022. He alleged that the Giants had no intention of hiring him, citing a text message he received from New England Patriots coach Bill Belichick congratulating him on getting the Giants gig — three days before Flores was set to interview.

Belichick allegedly told Flores in a later text that he had meant to send the first text to a different Brian — Buffalo Bills assistant Brian Daboll, who was hired Jan. 28. Both Brians had worked as assistant coaches for Belichick in New England. The Giants and the league have denied Flores’ claims.

You need not follow football or the ongoing litigation to grasp a couple of important takeaways: Make sure any texts you send are pointed to your intended recipient. Be equally cautious about what you put in those messages.


What Seems Private Might Not Stay Secure

Texts can be copied, screenshot, or shared, and depending on the messaging system, may lack encryption or other stringent measures to keep everything private. Moreover, the contents may be inappropriate or misconstrued.

So what should you never include in a text? The answers aren’t always simple.

“From an etiquette perspective, it really depends,” says author and etiquette authority Lizzie Post, the great-great-granddaughter of Emily Post and co-president of the Emily Post Institute. “To say, 'Never' for everything feels quite final, doesn’t it? And I am sure there are many different caveat situations out in the world.”

In no particular order, here are 13 things you should (almost) never put in a text, or at least consider before including them.

Would you want to read certain things in a message?


1. Don’t report a death. 

This is especially true if the deceased is someone close to the recipient. A text is no substitute for delivering devastating news face to face or over the phone.

There are exceptions, of course. If the recipient and person who has died have a bit more distance, it might be OK to pass along the news in a text, perhaps with details about memorial services. Apply common sense and consider how you would feel getting such news via text.

2. Don’t end a relationship. 

Breaking up with someone via text is harsh, cowardly, cold, and inconsiderate. The dreaded phrase “It’s not you, it’s me,” might come off even worse in a text.

“I do think for the most part breakups should be over the phone or in person, as best they can be,” Post says. “At the same time, letting someone you’ve been on two Tinder dates with know that you’re not going to see them again is perfectly fine.”

3. Don’t express unrequited feelings of love. 

The flip side of No. 2. Don’t pour it on too thick, especially if your relationship is not exactly on solid ground.

4. Go easy on ALL CAPS. 

Sorry, but YOU’RE SHOUTING AND IT’S RUDE! If you’re really that angry, perhaps you should calm down before sending texts of any kind.

5. Avoid sarcasm. 

Beyond words, we usually can tell when people are being sarcastic in person by reading the expression on their faces and the tone of their voices.

Absent the social cues, conveying sarcasm, or, for that matter, irony, is a lot more difficult in a text, even with visual aids such as smiley faces, winks, and the colorful pictures and symbols known as emojis that are meant to help you impart a certain mood or idea. That old spelling tip about 'assume' applies.

6. Understand emojis. 

Speaking of emojis, some may have a hidden meaning or slang. That eggplant emoji 🍆 probably isn't really referring to the garden vegetable, nor is the peach 🍑 just Georgia's favorite fruit. While we’re at it, this smiling swirl of brown 💩 isn't soft-serve chocolate ice cream.

Avoid embarrassment and search Google to decode the meanings of these and other emojis that are perhaps a bit spicier than what you have in mind. They're frequently not G-rated.

7. Be wary of abbreviations. 

Most people know LOL as shorthand for “laughing out loud,” or “NP” for “no problem.” But TBH (to be honest), it could become a problem when you appear to be trying too hard, using abbreviations without much thought, or fully understanding their intent. If so, don’t be surprised to get a response with SMH (shaking my head) or worse, STFU, which you'll have to look up on your own.

8. Don’t write an opus. 

No one wants to read War and Peace as a text. Keep the message concise, so it is not answered with a TL;DR (too long, didn’t read).

9. Watch typos. 

“It” is different than “In,” and we all make mistakes texting on the fly. But if you’re communicating with an employer, client, or customer, take an extra second to read the message before hitting Send. You don’t want to leave a sloppy impression.

That said, given the generally casual nature of texting, the traditional rules of punctuation often don’t apply. You can find plenty of chatter on social media about how adding a period at the end of a sentence within a text may come across as off-putting or negative.

10. Don’t complain about your boss.  

What did we tell you earlier about sending a text to the wrong person? If you value your job, assume your words can and will be used against you.

No texting ill of others, also true IRL (in real life)

11. Don’t spread gossip. 

A reprise: What did we just mention in No. 10? Whomever you’re gossiping about may see it, too.

12. Leave out personal data. 

Insecure texts should not include your birthdate, financial account numbers, passwords, Social Security number, and other personal details that crooks would be licking their chops to get at to spread malware or steal your identity.

13. Consider political ramifications. 

You’re passionate about political issues and may justifiably attempt to persuade friends to join your cause.

Just keep in mind that your views could go viral. If you have second thoughts about having your opinions splattered across social media or published somewhere for all to see, avoid putting them in a text.


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. 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 –


Tim Moseley

Inflation driving momentum in gold but Fed rate hikes remain headwinds

Inflation driving momentum in gold. but Fed rate hikes remain headwinds

The gold market remains caught in a tug of war between rising interest rates and inflation; however, momentum could be shifting to the bullish side as prices end the week at the top of their range above $1,850 an ounce.

Gold prices have hovered around $1,850 an ounce for the past three weeks. After some intense selling pressure early Friday, the precious metal saw a dramatic rebound as prices bounced off support just above $1,825 an ounce.

August gold futures are looking to end the week with a 1.5% gain, last traded at $1,876.50.

According to some market analysts, disappointing economic data, including hotter-than-expected inflation, provided new bullish momentum for the precious metal. At the same time, further weakness in equity markets is improving gold's safe-haven allure.

"Gold is doing exactly what it should be," said Bob Haberkorn, senior market analyst at RJO Futures. "Investors are once again looking at gold as an inflation hedge and a safe-haven asset."

General market sentiment turned negative Friday after the U.S. Labor Department said its Consumer Price Index rose 8.6% for the year in May. Consumer prices have hit a 40-year high, driven by rising food and energy prices.

A little later Friday morning, the University of Michigan said its consumer sentiment index dropped to 50.2, its lowest level in 50-years. At the same time, consumers expect inflation to rise by 5.4% in the next 12 months.

Haberkorn said that the selloff in equities and the gold rally indicates that the market is starting to realize that there is nothing the Federal Reserve can do to tame inflation.

Although the U.S. central bank will continue to raise interest rates, they will be nowhere high enough to match inflation.

"In this environment, what you really want is gold," he said.

Ole Hansen, Head of Commodity Strategy at Saxo Bank, said that rising consumer prices are raising the risk of a policy mistake, not just from the Federal Reserve but from central banks worldwide.

Gold sees record bullish sentiment among European retail investors – Spectrum Markets

Gold still needs to deal with the Fed and rising interest rates

Although momentum currently favors gold bulls, the market still faces some challenging headwinds as the Federal Reserve is expected to raise interest rates by 50 basis points next week.

Hansen said he is neutral on gold next week as the market is trying to figure out how high interest rates will eventually go.

"Right now, investors don't know which way the market will go," he said. "I don't want to get involved with gold until we see a sustained move above $1,875."

Bart Melek, Head of Commodity Strategy at TD Securities, said that gold prices could drop back below $1,850 an ounce next week following the U.S. central bank's monetary policy meeting. He added that in the short-term rising interest rates are still negative for gold.

However, Melek added that the question remains just how committed the Federal Reserve will be to taming inflation and if they will risk pushing the economy into a recession.

Long-term, Melek said that he remains bullish on gold as he expects the Federal Reserve "to flake out on interest rate hikes.

"The Federal Reserve is not prepared to do what it takes to get inflation under control," he said.

Watch consumption data next week

While markets are paying close attention to inflation, analysts and economists also say that investors need to keep an eye on consumption numbers with U.S. retail sales in focus next week.

Hansen said that if inflation continues to take its toll on the consumer, weaker consumption will lead to lower economic growth.

Economists note that a strong labor market and elevated savings have helped support consumers so far this year; however, savings have dwindled due to waning purchasing power.

"The squeeze on real incomes from higher prices will weigh particularly hard on goods spending ahead given the excesses in that area of the economy relative to services. And with higher interest rates limiting demand for big-ticket items and housing-related spending, total consumption growth is set to slow in the second half of the year," said economists at CIBC.

Next week's data

Tuesday: U.S. PPI

Wednesday: U.S. Retail Sales, Empire State Manufacturing Survey, FOMC monetary policy meeting

Thursday: Swiss National Bank monetary policy meeting, Bank of England monetary policy meeting, Philly Fed Survey, weekly jobless claims, U.S. housing starts Bank of Japan monetary policy meeting

Friday: Federal Reserve Chair Jerome Powell gives welcoming remarks at conference on the International Roles of the US Dollar

By Neils Christensen

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

CPI report confirms what Americans already know Inflation continues to rise

CPI report confirms what Americans already know; Inflation continues to rise

Today the U.S. Bureau of Labor Statistics released the CPI (Consumer Price Index) for May. The report confirmed what North Americans have known and been entrenched in; the fact that inflation continues to spiral out of control, and is now at the highest point in 41 years. The CPI rose 0.3% in April. This takes last month’s inflationary pressures to the highest year-over-year (YoY) change in 41 years. This means If you were born at or after 1982 you are witnessing and living through the highest monthly uptick in inflation (YoY) ever.

Just The Facts

The CPI increased by 1% month over month (MoM)

Inflationary pressures rose in both the CPI and the core CPI

The core CPI rose 0.6% taking the YoY inflation level to 6%

The CPI spiraled to 8.6% YoY the largest yearly gain since December 1981

The largest increases in the CPI were food, energy, and housing costs

Forecasts varied by economists polled by Bloomberg, Reuters, and The Wall Street Journal. Economists polled by the Wall Street Journal predicted that the CPI would come in at 8.3% increasing by 0.7% MoM. Economists polled by Reuters also predicted that the CPI would rise 0.7% MoM. Economists polled by Bloomberg News said that the CPI would reveal that inflation is tracking at about the same monthly pace and that the probability for a higher level of inflation YoY was high.

Economists from all three poles got it wrong. Economists polled by Bloomberg, Reuters, and The Wall Street Journal all underestimated the MoM rise in inflationary pressures.


The largest contributor to this major uptick in inflationary pressures is the cost of energy which rose 34.6%. However, almost all components recorded record-breaking increases including food costs which rose an average of 10.1%. The cost of housing increased by 5.5%, and commodities as a whole increased by 8.5% all on a year-over-year basis.

What this means for consumers; more hardship ahead

Considering that average hourly earnings fell by 3% in the last year and costs of the goods and services they need have risen dramatically equates to more hardship for low and middle-class Americans. This also means that newly acquired debt (mortgages, new car loans, etc.) will not only be harder to qualify for, and they will be more expensive to service. Existing balances will also be dramatically impacted. Variable-rate credit cards will increase making existing balances more expensive to service.

How the current CPI will affect the forward guidance of the Federal Reserve

The Federal Reserve will hold its June FOMC meeting on Tuesday of next week and conclude on Wednesday. While a minority of economists are anticipating a rate hike of 75 basis points (3/4%) the likelihood that the Fed will get more aggressive on the size of monthly rate hikes is extremely minute. The most likely forward guidance of the Federal Reserve is to continue to raise rates by 50 basis points after the remaining FOMC meetings this year. The question becomes how many 50 basis point rate hikes will the Fed implement, and what will the Fed’s funds rate be by the end of the year?

A roller coaster ride for gold traders

Traders and investors experienced another wild trading session which can be best characterized by its extreme volatility. The chart above is a 10-minute candlestick chart of gold futures. At 8:30 AM EDT gold futures opened at $1850, and by 8:40 AM EDT traded to the low of the day at $1826.50. As of 4:40 PM, EDT gold futures are up to $22.70 or 1.23% and fixed at $1875.60.

As we have been addressing for many months now our belief is been that inflationary pressures have not peaked and in fact will continue to rise as long as the underlying cause continues to be persistent. We have been highly vocal in our opinion that the current forward guidance of the Federal Reserve will not move inflationary pressures lower. At best higher interest rates will contract the economy to such an extent that it will result in a recession. At worst that their actions will be detrimental fueling inflationary pressures higher. The current level of inflation and the current forward guidance of the Federal Reserve will be highly supportive of gold prices moving them higher over the course of the next two years.

By Gary Wagner

Contributing to

Time to buy Gold and Silver on the dips

Tim Moseley

Meta’s Metamorphosis: Embrace or Stay Away?

Meta’s Metamorphosis: Embrace or Stay Away?

By Jason Bodner, EditorOutlier Insights



The Switch Is On

Facebook’s parent company, now known as Meta Platforms, is finally making the switch. On June 9, the social media player will officially ditch the FB ticker and instead start trading under META.

This is the final step of Meta’s rebranding, which it announced last October.

The move reflects the company’s aspirations in the metaverse realm… and the company has put money on the line to show how serious its plans are. Meta spent $10 billion on the metaverse last year – enough to drag down the company’s profits.

And the new name hasn’t done the company’s stock any favors yet… The social media giant’s stock has taken quite a hit since its all-time high in September 2021.

In fact, this February, FB shares fell 26% – the largest one-day drop in the company’s history – after Meta forecasted slower revenue growth and some revenue pain due to Apple’s latest privacy changes. It also noted that supply chain troubles and inflation were creating challenges for advertiser budgets.

And like the rest of the market, Meta has seen its stock punished among the overall market pullback we’ve been experiencing this year. The stock is down roughly 50% from its September peak.


Meta's Longtime COO Is Stepping Down

Adding further drama to the headlines, last week, news broke that the company’s longtime COO, Sheryl Sandberg, is stepping down… leaving big shoes to fill.

All of this may have some investors wondering whether Meta is stumbling… and could continue its precipitous drop.

Yet just like another FAANG stock – Netflix – the sea of bad headlines and declining share price shouldn’t have us writing off Meta too quickly…


Meta’s New Strategy

Meta is making a play for the metaverse. This is a collection of virtual worlds where people can interact, play games, hold business meetings, make transactions, socialize, own property, and more.

And whether or not we entirely understand it, it’s a big trend… and there’s plenty of money flowing into it. Depending on who you ask, estimates say the metaverse could annually generate anywhere from $800 billion by 2024 to $30 trillion by 2030.

So it almost seems natural for Meta to express interest in this new arena. The social media giant is hellbent on connecting the world.

And it’s hard to get more connected than a digital universe inhabited by people from across the planet.

As Mark Zuckerberg said when announcing the rebrand:

Today we are seen as a social media company, but in our DNA we are a company that builds technology to connect people – and the metaverse is the next frontier just like social networking was when we got started.

This shift hasn’t come out of left field either. Back in 2014, Meta bought Oculus VR for $2 billion. At the time, Oculus was arguably the largest virtual reality (VR) pioneer.

And in the time since its Quest 2 headset has garnered 78% of the augmented reality (AR)/VR market.

Meta is betting full force on this virtual experience augmenting real life – much like in the 2018 Steven Spielberg movie Ready Player One.

One day, we may all have an avatar with a different name, a different look, and even a different gender that we use in our favorite metaverse. And Meta’s VR headset will make this experience totally immersive. It’s becoming clearer that we are getting driven towards this future…


The Changing Of The Times

Just think about the way kids and younger generations are socializing now. They gather in chat groups and meet through video games, hanging out through these digital mediums.

They're not playing stickball on the block anymore. The world has simply and fundamentally changed.

This means Meta has a ready-made market for the metaverse as this trend develops.

And its previous experience has primed it for success… If anyone can figure out how to monetize goods and services in a virtual world, Meta can.

The Facebook platform alone has over 2.9 billion users across the world. And Meta’s Instagram and WhatsApp each have roughly 2 billion users.

That means it has ready access to a global audience for its metaverse.

Currently, 97% of all Meta’s revenue comes from its advertising segment, which enables its customers to serve ads to groups segmented by age, gender, location, interests, views, and more.

And even in Q1 this year, Meta’s ad revenue grew 6% year-over-year to $27 billion.

In other words, it has its model down to a T. It shouldn't have any issues monetizing the metaverse…


Meta Is Poised To Become An Even Bigger Empire

Meta bears looking at the price disruption, negative news cycle, and question mark around Meta’s future have it all wrong…

The company may be down right now, but in the future, this company is going to keep finding new ways to monetize the latest trends.

Meta has demonstrated a strong history of being able to see into the future. When Facebook first came out, many people didn’t see the point in it because there was already Myspace.

Yet Myspace is now a ghost town, while Facebook has grown into a hub of connectivity.

And Facebook still has strong fundamentals holding it up. Its one-year sales growth is over 37%. Its profit margin is 33%. And its debt/equity ratio is just 11.6%.

In simple terms, it has more than enough resilience to weather this storm.

And just like in the past, Meta’s stock will rebound from this dip and more than likely climb higher.


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. 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 –


Tim Moseley

The Artist that came out of the Winter