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The Truth About Climate Change: There Is NO Climate Emergency

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The Truth About Climate Change: 
There Is NO Climate Emergency

Large frameworks of science that don’t fit the narrative on climate change or global warming have been ignored by the Intergovernmental Panel on Climate Change (IPCC), the Conference of the Parties (COP), and self-interested scientists paid by taxpayers. A formidable industry has been subsidized, creating intermittent, unreliable wind and solar electricity based on unsubstantiated science. 

The same charlatans now want subsidized hydrogen, costly inefficient electric vehicles, subsidized mega-batteries, and other appallingly expensive tried and failed schemes that impoverish people, create unemployment, transfer wealth and enrich China. Many parts of the world like Germany, Texas, California, and the UK have already had a glimpse of the Net-Zero CO2 by 2050 policy with blackouts, astronomically high electricity costs, and hundreds of deaths. 

The sentiments above are from Professor Ian Plimer, a geologist and author in earth science who edifies his thoughts in his latest book, “Green Murder.” He’s part of the global network Climate Intelligence (CLINTEL), an independent foundation that operates in the fields of climate change and climate policy. It consists of over 1100 scientists and professionals that want to get the message out that there is no climate emergency. 

Furthermore, in 2019, the unelected, unaccountable, transnational World Economic Forum (WEF), which is also the main driver behind The Great Reset,  gave 16-year-old student Greta Thunberg a public stage, rendering her a poster child for climate change. Greta’s comments such as “I want you to panic”… “Our house is on fire,” terrified millions of children and adults worldwide. 

But in a testimony to the US Congress on April 21, 2021, Greta stated that there is “no science” behind her comment; it was just a metaphor. At no point has WEF or its media-mogul trustees apologized for foisting fear on world citizens. 

“Crickets” From WEF

CLINTEL, the climate intelligence think tank based in The Netherlands, sent a letter to Borge Brende, President of the WEF, in January 2020, calling for engagement on the issue of the claimed “climate emergency,” writing:

“Despite heated political rhetoric, we urge all world leaders to accept the reality that there is no climate emergency. There is ample time to use scientific advances to continue improving our society. Meanwhile, we should go for adaptation; it works whatever the causes [of climate change] are.”

“We also invite you to organize with us a constructive, open meeting between world-class scientists on both sides of the climate debate. Such an event complies with the sound and ancient principle that all pertinent parties should be fully heard.”

There has been no response from the WEF to date. The WEF’s unwillingness to engage with CLINTEL in an open scientific debate on climate change suggests the WEF is not acting with “moral and intellectual integrity is at the heart of everything it does,” as it claims.

On Dec. 24, 2021, CLINTEL also issued a letter to the President of Switzerland, concerned about the ‘host state’ status that Switzerland had bestowed on the World Economic Forum in January 2015. The Paris Agreement was signed that year, and it appears that WEF has adopted the mission to push the Club of Rome’s Planetary Emergency agenda.

The WEF’s 2006 Global Risks report.pdf featured oil price shock and pandemic as two severe global risks. However, by the 2020 report, WEF had removed both from the list of risks and replaced them with climate change.

Now the world is experiencing a global oil price shock, an energy crisis, and is struggling to recover from a pandemic. Millions of people face energy poverty and famine due to skewed energy investment markets, much of it driven by WEF trustees like Mark Carney demonizing vital energy.

Good vs. Evil

According to CLINTEL, climate science should be less political, while climate policies should be more scientific. In particular, scientists should emphasize that their modeling output is not the result of magic: computer models are human-made. What comes out depends entirely on what theoreticians and programmers have put in: hypotheses, assumptions, relationships, parameterizations, stability constraints, etc. Unfortunately, in mainstream climate science, most of this input is undeclared.

To believe the outcome of a climate model is to believe what the model makers have put in.  This is precisely the problem of today’s climate discussion to which climate models are central. Climate science has degenerated into a discussion based on beliefs, not on sound self-critical science. We should free ourselves from the naïve belief in immature climate models. In the future, climate research must give significantly more emphasis to empirical science.  

Below is the World Climate Declaration (WCD) CLINTEL has published that fall on deaf ears as far as the bureaucrats are concerned. This declaration is based on scientific fact and must be disseminated worldwide so that people are aware and not deceived by evil rhetoric, trickery, alarmist literature, and the greedy agenda of the elite few. 

There Is No Climate Emergency

A global network of over 1100 scientists and professionals has prepared this urgent message. Climate science should be less political, while climate policies should be more scientific. Scientists should openly address uncertainties and exaggerations in their predictions of global warming, while politicians should dispassionately count the real costs as well as the imagined benefits of their policy measures.

Natural as well as anthropogenic factors cause warming
The geological archive reveals that Earth’s climate has varied as long as the planet has existed, with natural cold and warm phases. The Little Ice Age ended as recently as 1850. Therefore, it is no surprise that we are now experiencing a period of warming.

Warming is far slower than predicted
The world has warmed significantly less than predicted by IPCC on the basis of modeled anthropogenic forcing. The gap between the real world and the modeled world tells us that we are far from understanding climate change.

Climate policy relies on inadequate models
Climate models have many shortcomings and are not remotely plausible as global policy tools. They blow up the effect of greenhouse gases such as CO2. In addition, they ignore the fact that enriching the atmosphere with CO2 is beneficial.

CO2 is plant food, the basis of all life on Earth
CO2 is not a pollutant. It is essential to all life on Earth. Photosynthesis is a blessing. More CO2 is beneficial for nature, greening the Earth: additional CO2 in the air has promoted growth in global plant biomass. It is also good for agriculture, increasing the yields of crops worldwide.

Global warming has not increased natural disasters
There is no statistical evidence that global warming is intensifying hurricanes, floods, droughts, and suchlike natural disasters or making them more frequent. However, there is ample evidence that CO2-mitigation measures are as damaging as they are costly.

Climate policy must respect scientific and economic realities
There is no climate emergency. Therefore, there is no cause for panic and alarm. We strongly oppose the harmful and unrealistic net-zero CO2 policy proposed for 2050. If better approaches emerge, and they certainly will, we have ample time to reflect and re-adapt. The aim of global policy should be “prosperity for all” by providing reliable and affordable energy at all times. In a prosperous society, men and women are well educated, birth rates are low, and people care about their environment.

Epilogue
The World Climate Declaration (WCD) has brought a large variety of competent scientists together from all over the world*. The considerable knowledge and experience of this group are indispensable in reaching a balanced, dispassionate, and competent view of climate change.

From now onward, the group is going to function as the “Global Climate Intelligence Group.” The CLINTEL Group will give solicited and unsolicited advice on climate change and energy transition to governments and companies worldwide.

* It is not the number of experts but the quality of arguments that counts.

World Climate Declaration plus all signatories in pdf

World Climate Declaration AMBASSADORS
NOBEL LAUREATE PROFESSOR IVAR GIAEVER NORWAY/USA
PROFESSOR GUUS BERKHOUT / THE NETHERLANDS
DR. CORNELIS LE PAIR / THE NETHERLANDS
PROFESSOR REYNALD DU BERGER / FRENCH-SPEAKING CANADA
BARRY BRILL / NEW ZEALAND
VIV FORBES / AUSTRALIA
PROFESSOR JEFFREY FOSS † / ENGLISH SPEAKING CANADA
JENS MORTON HANSEN / DENMARK
PROFESSOR LÁSZIÓ SZARKA / HUNGARY
PROFESSOR SEOK SOON PARK / SOUTH KOREA
PROFESSOR JAN-ERIK SOLHEIM / NORWAY
SOTIRIS KAMENOPOULOS / GREECE
FERDINAND MEEUS / DUTCH-SPEAKING BELGIUM
PROFESSOR RICHARD LINDZEN / USA
HENRI A. MASSON / FRENCH-SPEAKING BELGIUM
PROFESSOR INGEMAR NORDIN / SWEDEN
JIM O’BRIEN / REPUBLIC OF IRELAND
PROFESSOR IAN PLIMER / AUSTRALIA
DOUGLAS POLLOCK / CHILE
DR. BLANCA PARGA LANDA / SPAIN
PROFESSOR ALBERTO PRESTININZI / ITALY
PROFESSOR BENOÎT RITTAUD / FRANCE
DR. THIAGO MAIA / BRAZIL
PROFESSOR FRITZ VAHRENHOLT / GERMANY
THE VISCOUNT MONCKTON OF BRENCHLEY / UNITED KINGDOM
DUŠAN BIŽIĆ / CROATIA, BOSNIA AND HERZEGOVINA, SERBIA, AND MONTE NEGRO

 

Source and Research: 
https://clintel.org/world-climate-declaration/ 
https://clintel.org/
https://friendsofscience.org/

 

 

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

 

 

 

 

 

Also published @ BeforeIt’sNews.com

 

Tim Moseley

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The Reason Why Entrepreneurs Are Closer to God

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A Direct Line Upstairs

34% of entrepreneurs pray several times a day, compared with 27% of non-entrepreneurs.

Entrepreneurs Feel Closer to God Than the Rest of Us Do

The study: Mitchell J. Neubert and three colleagues at Baylor University investigated the connection between faith and the propensity to start a business, by examining data from a survey that queried 1,714 U.S. adults about their religious habits. They found that entrepreneurs prayed more frequently than other people and were more likely to believe that God was personally responsive to them.

The challenge: Do people who launch companies really feel a deeper connection to their deity than non-entrepreneurs? Professor Neubert, defend your research.

Neubert: Entrepreneurs seem to be more religious in a couple of small—but statistically significant—ways. They pray more—several times a week, on average—and are more likely to believe in an engaged, responsive God who takes a personal interest in them. You can see how the two might be related: If you think God cares about you, you’re more likely to talk to him. Entrepreneurs also are more apt to worship with a congregation that encourages business activity. On other measures—church affiliation, belief in God, and service attendance—they seem to be as religious as everyone else: Nearly nine out of 10 are affiliated with some religion. They attend church monthly, on average, and two-thirds say they have no doubt that God exists. But even those findings might surprise people who assume that hard-driving businesspeople are too busy or greedy to make time for religion.

HBR: Are you studying this because Baylor is a Christian university?
My colleagues, associate professors Kevin Dougherty and Jerry Park and graduate student Jenna Griebel, and I are studying it because entrepreneurs play a critical role in the American economy, so it’s crucial to understand what drives them. Yet research on their religious practices has been pretty sparse. A 2004 study of 44 Brooklyn entrepreneurs found that religiosity was positively correlated to personal ambition and innovation, and a 1985 study on first-generation Japanese-American men linked self-employment to family religious tradition and participation. But those were small samples, and other research, on workers in the UK and entrepreneurs in Colorado, has yielded contradictory findings.

We wanted to examine a random national sample—using the Baylor Religion Survey—and to look beyond affiliation and attendance into beliefs and behaviors. Just because someone goes to church doesn’t mean it’s salient in their lives. This was part of a multiphase project on religion and entrepreneurship supported by a grant from the National Science Foundation.

Did you look at Judaism, Islam, and other faiths too?
Our sample included respondents from all major religions. But in the U.S., even with a national sample, you’re talking about Christians predominantly, since the numbers of Muslims, Jews, and people of other religions, as well as atheists and agnostics, are so small.

So what do these entrepreneurs pray for?
Unfortunately, we don’t know the content of their prayers. Are they asking for energy, insight, success? They’re exposed to a lot more uncertainty and risk than the rest of us, so maybe they feel a need to pray more. Perhaps the pressure of starting and running a business to put food on the table heightens their spiritual leanings.

Or maybe people with greater faith in God are more willing to take risks.
Yes, I think there’s a confidence that can come from your religious beliefs. And maybe the individualism and autonomy associated with entrepreneurship are reflected in the idea of a more personal, direct relationship with God.

Your findings on congregations present another chicken-or-egg question: Do entrepreneurs gravitate to churches that are pro-business, or do those churches spur people to start companies?
We don’t know the direction of the relationship. Maybe entrepreneurs find a place where their mind-set is affirmed. Or maybe they’re influenced by their church peers and leaders. A community of faith surely provides social capital; it can be a source of customers, investors, employees, and encouragement and ideas. And some of these congregations really emphasize the integration of work and worship and financial planning, as well as running their churches in more innovative, businesslike ways. But, all that said, when we’ve asked entrepreneurs in follow-up interviews why they chose their churches, most have said location or friends and family. They haven’t said, “This is the most pro-­business congregation in the area.”

Perhaps your findings explain the growing popularity of social entrepreneurship.
Well, we know social entrepreneurs have a purpose beyond profit, and that could certainly come from spiritual beliefs. But among the 28.6% of people in our sample who had started or were trying to start a business, the vast majority had traditional motives: They wanted to work for themselves or sell a product or service that would earn them a good living.

You’ve shown a link between faith and entrepreneurial activity. But what about entrepreneurial success?
We did include some open-ended questions about profitability and other performance measures in a follow-up national survey, but a lot of people left those blank. Still, I think the issue merits further investigation, and we’ll explore it in future research. In another study that Baylor assistant professor Steve Bradley and I did on participants in microfinance programs in Africa and Indonesia, we found that the value people placed on their relationship with God and the way they treated others as a result—what we dubbed their “spiritual capital”—was associated with more innovation, higher revenues, and more employees in their businesses, even when controlling for skill sets and connections. We have another paper under review that delves a bit deeper into congregation characteristics and shows that members of groups that emphasize integrating faith into work are more entrepreneurial in, satisfied with, and committed to their jobs. Clearly, those sorts of employees contribute to the success of organizations.

So your findings hold true not just for entrepreneurs but also for entrepreneurial thinkers in established organizations?
Yes, we have found that people with religious beliefs are more engaged and entrepreneurial at work. Yet we don’t know specifically how this plays out. In the latest phase of our research, we’ve spent time with churchgoers in four areas of the U.S.: black Protestants in Texas, mainline Protestants in New Jersey, evangelicals in Michigan, and Catholics in California. Targeting two churches (one pro-business, one less so) in each locale, we interviewed 10 entrepreneurs and 10 full-time working professionals from all eight congregations, asking more specific questions about the impact that faith has on their work: Does it contribute to their success? How does it affect their behavior? Although we’re only starting our analyses, we have some confidence that people’s religious beliefs do play a role in how they work. The tendency for business leaders might be to ignore, dismiss, or discourage religion at the office. But that could mean missing out on a significant source of employee engagement and dedication. The challenge is to tap into people’s spirituality while still being inclusive of everyone.

A version of this article appeared in the October 2013 issue of Harvard Business Review.

Mitchell J. Neubert is the Chavanne Chair of
Christian Ethics in Business and an associate
professor of management and
entrepreneurship at Baylor University.

 

Tim Moseley

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Wall Street turns bearish on gold price warns of volatility ahead of Jackson Hole

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Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole

As gold ends the week down 3%, Wall Street is turning negative on gold for next week, blaming a strong U.S. dollar and pressure from the upcoming Jackson Hole Symposium.

Gold folded under pressure from the greenback on Friday as the U.S. dollar index climbed to 20-year highs. December Comex gold futures were last trading at $1,763.10, down 3% on the week.

Markets remain focused on any Federal Reserve speakers after the FOMC meeting minutes from July showed that Fed officials agree on the need to eventually slow down their tightening cycle. Still, they first need to see how their rate hikes impact inflation.

All eyes next week are on Fed Chair Jerome Powell's 'Economic Outlook' speech at the 2022 Jackson Hole Economic Policy Symposium, which is scheduled for Friday morning.

"All eyes are on Jackson Hole symposium. Powell's remarks for next week are one of the key avenues that the Fed could use against the market starting to price in a rate cut cycle next year following this year's tightening. We think market expectations are inconsistent with the Fed's inflation targeting mandate. Expect rates to remain elevated and sap the interest out of precious metals," TD Securities commodity strategist Daniel Ghali told Kitco News.

 

Survey results

Kitco's weekly gold survey results revealed that Wall Street is now bearish on gold prices next week. Out of 11 analysts participating in the survey, 55% expect prices to fall, 27% are neutral, and only 18% are calling for prices to move higher.

The Main Street side remained bullish for next week. Out of 709 retail participants, 46% projected higher prices, 35% called for a move lower, and 19% were neutral, Kitco's survey showed.

pic

The technical picture remains bearish in the near term, Kitco's senior analyst Jim Wyckoff said.

"Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,725.00. First resistance is seen at the overnight high of $1,762.70 and then at Thursday's high of $1,775.90," Wyckoff said.

This week's drop below the $1,800 an ounce level has put the bulls on hold, Moor Analytics founder Michael Moor told Kitco News.

China's Swiss gold imports soar nearly 150% in July as gold price trades below $1,800

"Trade above $1,786.3-8.3 will warn of strength," Moor added. "A maintained gap lower Monday leave a fairly sizable bearish reversal above that will warn of pressure for days/weeks."

Selling the rallies would be one approach to the gold trade at the moment, according to Alliance Financial precious metals dealer Frank McGee, who is projecting lower prices next week.

"[Gold] can't fight a higher interest rate environment as the Fed's rate increases, and QT start to take hold," McGee said.

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

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Gold silver weaker Thursday as USDX trades sharply up

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Gold, silver weaker Thursday as USDX trades sharply up

Gold and silver prices are modestly lower in midday U.S. trading Thursday, pressured by solid gains in the U.S. dollar index today. Losses in the metals are limited by gains in the crude oil market today. October gold futures were last down $4.20 at $1,762.20. September Comex silver futures were last down $0.181 at $19.555 an ounce.

The marketplace Thursday quickly digested Wednesday afternoon's minutes from the last FOMC meeting of the Federal Reserve. Traders deemed the minutes neutral to just slightly dovish and markets showed no significant reactions to them. The CME Fed funds rate futures are now showing slightly better odds for a 0.5% rate hike at the September FOMC meeting.

Global stock markets were mixed overnight, with Asian indexes mostly down and European indexes mostly up. U.S. stock indexes are mixed to firmer at midday. The U.S. stock indexes have been enjoying price uptrends on the daily charts since early June, and that's another underlying bearish factor for the safe-haven metals markets.

Gold will play a big role in the coming global 'monetary reset' as U.S dollar loses its dominance – Maxime Bernier

In overnight news, the Euro zone consumer price index for July came in hot, at up 8.9%, year-on-year.

The key outside markets today see Nymex crude oil prices higher and trading around $90.00 a barrel. The U.S. dollar index is solidly higher and hit a three-week high in midday U.S. trading. The yield on the 10-year U.S. Treasury note is fetching around 2.85%.

 

Technically, October gold futures prices hit a two-week low today. The gold futures bears have the overall near-term technical advantage and have momentum on their side. Bulls' next upside price objective is to produce a close above solid resistance at the August high of $1,814.40. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,700.00. First resistance is seen at today's high of $1,775.90 and then at Wednesday's high of 1,786.30. First support is seen at the August low of $1,759.70 and then at $1,750.00. Wyckoff's Market Rating: 3.0.

September silver futures prices hit a two-week low today. The silver bears have the overall near-term technical advantage and have momentum. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at $20.00 and then at $20.25. Next support is seen at $19.47 and then at $19.25. Wyckoff's Market Rating: 3.0.

September N.Y. copper closed up 550 points at 363.70 cents today. Prices closed nearer the session high today and scored a bullish "outside day" up. The copper bulls and bears are on a level overall near-term technical playing field. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 330.00 cents. First resistance is seen at the August high of 371.30 cents and then at 380.00 cents. First support is seen at today's low of 354.20 cents and then at 350.00 cents. Wyckoff's Market Rating: 5.0.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

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The Darker Side of Amazon’s Acquisitions

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The Darker Side of Amazon’s Acquisitions

By Jason Bodner, Editor, Outlier Insights

 

The Darker Side of Amazon's Acquisitions

 

Amazon recently announced it’s acquiring iRobot (IRBT) in an all-cash deal for $1.7 billion. The company is best known for its robot vacuum cleaners – namely, its flagship product the “Roomba.”

Amazon execs say the deal is a natural extension as part of its mission to move further into robotics and smart home technology.

But there’s a darker side to this deal than Amazon would care to admit.

As of 2020, Amazon’s Alexa devices were already in 25% of U.S. homes. They sit on the shelf, tracking, listening, and mining data from our daily lives.

And it’s estimated that the company has hundreds of millions of Ring doorbell security cameras active by our front doors.

Now the company will have up to 40 million Roomba’s zipping around the inside of our homes. Some of these automated vacuums even use advanced LIDAR (laser mapping technology) and cameras.

These technologies enable our Roombas to map out our homes to better see, understand, and avoid obstacles.

And with Amazon behind them, these devices are capable of monetizing our homes in a whole new way.

 

The Monetization of Our Private Spaces

A report from this past April revealed what most of us have guessed –our conversations with Alexa provide data for the ads we’re served by the company.

And Ring doorbells can watch and listen to us and our neighbors over 50 feet away from our doors, gaining more data on our lives.

But Amazon knows there’s still more data to be obtained inside our houses.

Bloomberg reported that the data Amazon will soon collect from Roombas could be used to determine the value of your home based on how big it is and what you have around the house. It could then combine that data with our Amazon shopping habits.

All this can create an even more advanced customer profile about us. With Roomba’s help, Amazon will know exactly what kind of throw pillows would look great on our couch.

And in the very near future, we may see it start to show us ads that pertain to what is or is not inside our homes.

 

Big Tech Won’t Stop

If any of us feel uncomfortable with a company gaining so much information about us, that’s completely understandable.

Big tech has a dark side – it’s as plain and simple as that.

If something as mundane as cleaning dog hair off the floor can be monetized, then big tech is going to find a way. And there’s no better example of an amazing monetizer than Amazon.

It has a history of buying up other companies like this:

 

Companies That Amazon Owns

Source: SMB Compass

 

It owns streaming hubs, Hollywood production studios, robotics companies, pharmacies, news agencies, grocery stores, and the list goes on.

It’s safe to say Amazon is immersed in nearly every major industry in our lives today – and it is constantly working on ways to monetize it all.

So it makes sense why Amazon has fought to integrate with so many areas of our lives. The more data Amazon has, the more it can market and sell to us.

And Amazon isn’t going to stop its acquisitions anytime soon.

 

 

It simply makes too much sense for Amazon to continue buying companies. When you play in the league Amazon is in, it’s cheaper to buy a business than to build your own.

This strategy has allowed Amazon to become the marketplace for basically everything.

And even with the huge anti-trust cases we’ve seen, the federal government has failed to rein in the Big Tech space, including Amazon.

So it’s hard to imagine anything can stop this giant.

 

If You Can’t Beat Them, Join Them

“If you can’t beat them, join them” may be a cliché, but this is certainly a true statement with Amazon. Amazon is a giant, and as investors, there’s no way around that fact.

Amazon’s revenue in 2021 grew 21.7% year-over-year to over $469 billion. The company is expecting to see that number grow to over $522 billion this year and over $604 billion in 2023.

And with the recent stock split making share prices more affordable and attractive for everyday investors to buy, now is a fantastic time to buy shares of Amazon (AMZN).

Right now, investors can even get into Amazon while it’s trading at a discount.

 

 

Amazon is still down 17% since the beginning of the year.

But in the past month shares have climbed 25% – which is consistent with the forecast of a continued rally into the fall. Amazon’s current price and upward trend reflect a great opportunity to hitch ourselves to a stock with some serious momentum.

 

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 by democratizing 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 will release 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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Tips and Remedies For Natural Antidepressants: Let Nature Take Its Course

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Tips and Remedies For Natural Antidepressants: Let Nature Take Its Course

 

It's still a beautiful summer in the northern hemisphere, but there's a hint of autumn in the early morning air. In turn, politicians not only hint but openly talk about what awaits us in the winter. And there is nothing cheerful about this; an energy crisis is expected. 

The temperature in offices and apartments it's supposed to be heavily regulated. Gasoline and diesel prices still hold extremely high, and what other complications will cause the conflict in Ukraine better not to think about.

Before we feel an extraordinary strain on our psyche and before the summer stocks of optimism and good mood are exhausted, it is good to turn for help to nature. There are many herbs that can help us, and some are processed even into tablets and capsules.

At home, herbs can be used in a variety of forms, such as infusion (infusium), decoction (decoctum), infusion (macerate), tincture, syrup, and extract (extracta), but also as a compress or bath.

Herbs usually do not act as quickly as chemical drugs. Many are suitable for longer use. However, for some, we must be careful when combined with chemical medications.

 

Stress, especially nowadays, is the lot of many people, and its impact is often underestimated. It acts not only on the organism but also on each person's personality.

Which herbal remedies can positively influence mental and nervous problems?

Among the best herbal harmonizers is Eleutherococcus spiny, or devil's root, devil's bush, Siberian ginseng, eleuthero – Eleutherococcus (Eleutherococcus senticosus). The devil's root, or " Siberian ginseng," is a shrub about two meters tall with densely thorny branches and folded five-pointed, long petiolate leaves. 

Small flowers form spherical inflorescences with purple (powdery) and yellow (pistillate) petals. The fruit is a spherical ovoid with a diameter of about 8 mm, containing 2 to 7 ovules. It blooms in late June and July, and the fruits ripen in late August and September.

It acts as an adaptogen and harmonizer; that is, it increases the body's defenses against the effects of stress. It improves cerebral circulation and affects the manifestations of neurasthenia, and conduction of impulses through nerve fibers. It is used for overwork, states of weakness, and exhaustion.

Another effective remedy is Small-leaved Bacopa: A  plant found in the tropics and subtropics. It is a powerful antioxidant that helps improve memory and learning ability. It increases mental performance and strengthens brain activity. It is used for insomnia, fatigue, restlessness, stress, Parkinson's and Alzheimer's disease, and nervous exhaustion.

Mild Climate Herbs

We can use St. John's wort, one of the herbs growing in a mild climate. It is the first choice herb for anxiety, restlessness, mental stress, neurasthenia, panic syndrome, or mild depression. It is suitable for rehabilitation after strokes and is also a primary herb in treating multiple sclerosis. But we must remember that often it can not be used simultaneously with antidepressants, and in the summer months, it can provoke skin redness when exposed to sunlight.

St. John's wort undoubtedly has the ability to improve your mood, but its effects do not appear immediately – it is necessary to take it for about 3 to 4 weeks before you know if it helps you.

To support the activity of the nerve and brain centers, we can use great globe-thistle (Carduus), which helps the organism in the regeneration of the nerve fiber. 

Valerian is another well-known herb often used for a sedative effect on the body. It suppresses states of excitement, nervousness, anxiety, and mental tension. In higher doses, it acts as a hypnotic. It affects cardiac neurosis and also acts as a spasmolytic. The nervous system not only calms but also strengthens. 

The best means of sedative action is gemmoterapeuticum from the Linden tree (tilia). It's an excellent sedative. It acts as an anxiolytic against anxiety and psychological tension. It also reduces feelings of itching and pain of nervous origin. It strengthens the nervous system best in combination with thistle.

Willowherb (It is known in North America as fireweed, in some parts of Canada as great willowherb, in Britain and Ireland as rosebay willowherb)

 

The flower can be up to two meters high, which you will most likely find on forest glades or uncut bows. It is easy to grow even in the garden. Mainly leaves are used, both fresh and dried, for the preparation of teas.

Willowherb removes the feeling of psychological tension, relaxes, soothes, helps in falling asleep, and increases the quality of sleep. It is effective against headaches (especially of nervous origin).

Not only Herbal Teas but also Special Baths

One of the healing remedies from nature, which people have been using since ancient times, was baths from herbs. The advantage of this therapy is the fact that the action of water as such and, at the same time, the healing properties of the herbs are used here together. 

An excellent remedy for soothing is a bath, which is composed of herbs with a soothing effect – St. John's wort, lavender, lemon balm, hops, and others. It helps the body to calm down, cope with stress and energize to cope with today's challenging times. It is excellent before sleep, as it helps to induce them.

Where to find some of these herbs in the temperate climatic belt

Small-leaved Bacopa (Bacopa monnieri)

Bacopa is a 10-30 cm tall, creeping and perennial herb. In conditions of the mild climate, Bacopa is a small-leaved annual or houseplant with the possibility of putting outside during summer.

St. John's wort (Hypericum perforatum)

St. John's wort is a perennial that occurs abundantly on sunny slopes, meadows, pastures, and forest glades, from the Lowland to the mountains.

Valerian (Valeriana officinalis)

Valerian is a not very abundant plant in wet meadows, forests, river banks, and ditches. For medicinal purposes, it is grown. Valerian acts primarily as a mild but effective sedative. It suppresses states of excitement, nervousness, anxiety, and mental tension. In higher doses, it works as a hypnotic.

Lime (Linden) (Tilia vulgaris)

Linden is a widely cultivated tree, widespread throughout Europe. The lime blossom is collected at the beginning of flowering. It is best to gather it in the afternoon between two and four o´clock. In folk medicine, as well as official medicine, the lime blossom has been used since ancient times to the present day.

Catnip (Nepeta cataria)

It is nicknamed "cat cocaine" because cats like to roll in it and then fall asleep.

 

Stir a teaspoon of dried catnip flowers in 250 ml of cold water, bring to a boil and let stand for 15 minutes. Drink during anxiety, fussiness, and nervousness. You can also sew a dried Shanta into a canvas bag, attach a pompom or a jingle bell, and give it to your cat to play with. She'll be thrilled.

You can find it in clumps in damp places and around water. It is collected both flowering and non-flowering nasturtium or just flowers, which are used to prepare infusions, baths, and the like after drying.

Ruta graveolens, commonly known as rue, common rue, or herb-of-grace, is a species of Ruta grown as an ornamental plant and herb. It is native to the Balkan Peninsula. It was nicknamed the" herb of grace " because it allegedly helped both judges and prisoners, probably against stress.

Lemon balm (Melissa officinalis)

It is an effective first aid for stress, nervousness, and fatigue; a pleasant lemon scent quickly washes away all worries. Its sedative effect is used for insomnia.

Licorice root

Licorice root has a long history of medical use. As a herbal remedy, it helps people in many different ways. One of the valuable properties of licorice root is its ability to help the body cope with stressful situations. Licorice root provides a natural hormone, an alternative to cortisone, which can be very helpful in managing anxiety situations.

Herbal Teas And Baths Against Depression

# 1. Pour one teaspoon of lemon balm into 150 ml of boiling water. Leave to infuse for 10 minutes, strain, and drink three times a day. This tea can also be used for a long time.

# 2. Prepare a mixture of equal parts of lemon balm and common oregano: Pour 100 ml of boiling water into one teaspoon of the mix. Leave to infuse for 10 minutes and strain. Tea is recommended to drink mainly for the night, for a quiet falling asleep and restful sleep.

# 3. Pour one heaped tablespoon of St. John's wort with boiling water and drink throughout the day in cups. St. John's wort is rightly called the "herb of nerves". It’s most beneficial when the tea from this herb is taken for a long time, i.e., at least 25 days or more. Only then will its antidepressant effects begin to manifest. However, do not take it for more than two months. 

Bath relieving depression

Baths with sea salt or with essential oils of Lemon balm, Mandarin, and Sage are very beneficial. The bath time should be 20 minutes. After the bath, do not wipe, just wrap the body in a terry toweling dressing gown, lie down for another 20 minutes, and cover yourself warmly.

Finally, something for milk and sleep lovers

Galium odoratum – also called the sweet woodruff or sweet-scented bedstraw (Asperula odorata) sleep milk:

# 1. Heat a quarter liter of milk in the evening, but do not boil it. Stir in it one teaspoon of dried herb and one teaspoon of honey. Allow to stand for 2 hours, then strain, drink slowly, and non-jumpily jump into bed!

Herbs Preservation

Not only can you use fresh herbs, but you can keep them “for a rainy day” by preserving them. There are several ways to process them so that you can use them later. 

One of the oldest is drying, which is suitable for example, bay leaf, thyme, oregano, mint, marjoram, or Rosmarinus. The basis is to pre-clean the herbs well, then leave them dry in ventilated places protected from the sun and heat. You can also use a dryer.

You can also put herbs (for example, parsley, basil, thyme, marjoram, or rosemary) in oil. Wash them well, dry them, and put them in glass jars. Squeeze them well and stack them in layers. Drizzle with extra virgin olive oil and seal tightly. 

The oil will acquire an aroma, and the herbs will be well preserved. You can also store them in the freezer for a long time. Do not forget to always carefully wash and dry the shoots and leaves. Then put them in ice compartments or freezer bags. You can freeze sage, parsley, oregano, mint, marjoram, and basil. 

 

“Praised be You, my Lord, through our Sister, Mother Earth, who sustains and governs us, producing varied fruits with coloured flowers and herbs.” 

                                                                  Francis of Assisi

 

Sources:

 

 

About: Markéta Hálová. (Czech Republic) A crypto enthusiast, keen online marketer and passion for photography. I love interacting with the community of Entrepreneurs at Markethive. I believe in free speech, liberty, sovereignty for all. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

 

 

Tim Moseley

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Why Liz Cheney Lost

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Why Liz Cheney Lost

by Dana Loesch, Chapter and Verse

Why Liz Cheney Lost

 

Mean tweets don’t derail a republic but a weak economy will.

 

Liz Cheney lost in devastating fashion last night, 66-28% against Harriet Hageman. It was a loss of her own making. She doesn’t see it that way.

She unironically compared herself to Abraham Lincoln in her concession speech after accusing Trump of being a self-obsessed egomaniac. She called the Republican party a “cult of personality” but had her father, former Vice-President Dick Cheney, cut a campaign ad where he called Trump as an individual the “greatest threat to our republic” accusing him of trying to “steal the election.”

 

Twitter avatar for @deirdrekwalshDeirdre Walsh @deirdrekwalsh

New: Cheney's next step – her spokesman confirms she will launch a new political org (1st reported by Politico) -says will "educate the American people about the ongoing threat to our Republic, and to mobilize a unified effort to oppose any Donald Trump campaign for president,”

 

 

Twitter avatar for @TODAYshowTODAY @TODAYshow

“I’ll make a decision in the coming months.” — Rep. Liz Cheney said about possibly running for President.

 

Image

August 17th, 2022

 

The greatest threat to our republic isn’t a roundly-condemned riot at the Capitol or Democrat hyperbole, it’s inflation, recession, a lack of energy independence, over-taxation, weaponization of government agencies against political opposition, ironically helped by the civil liberties-violating, Dick Cheney-backed Patriot Act.

The greatest threat is not political jockeying and tone-deaf ambition from disgruntled candidates.

This is solely about one lone candidate’s political ambition wrapped up as some white-knight fever dream.

This isn’t about the “values” and “principles” Cheney and her surrogates invoke — what values and principles? Are low taxes, life, energy independence, a strong Second Amendment, and a fairly non-interventionist foreign policy not values of the Republican party?

Hating Trump is neither a “value” nor a principle. 

Acknowledging the achievements of the previous administration isn’t a violation of principles, either, nor a pledge of fealty.

Voters watched Cheney sacrifice attention from their values and concerns: inflation, recession, supply chain crisis, and high gas prices, in favor of fighting Trump. Her “fight” doesn’t pay rent, create jobs, or put food on the table. In fact, under the previous administration, those things were more affordable. 

During Trump’s tenure, we received one of the biggest tax cuts in our nation’s history, one of the lowest unemployment rates in half a century, enacted major deregulation, the Abraham Accords, no new wars, and the withdrawal of troops from Afghanistan, with Trump stopping per the advice of military counsel, unlike Biden after him. 

The left is eager to give wings to this flightless fantasy that Cheney “lost the fight but could still win the battle” but what battle, exactly? 

Mean tweets don’t derail a republic but a weak economy will. 

You can disagree with your party without burning down the barn and alienating voters. Politicians are merely avatars for voter sentiment. Blaming Trump for Cheney’s problems ignores the issues with Cheney that pre-date Trump. Her last name alone irked the tea party, who opposed the idea of family dynasties back in 2008. These criticisms laid the foundation not just for Trump, but also for a less interventionist GOP. Candidates time-stamped for the late 90s or early aughts aren’t appealing anymore.

I don’t know what battlefield Cheney thinks she’s on, but it’s not where the rest of America is fighting.  

 

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 by democratizing 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 will release 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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Gold silver down on demand concerns -no reaction to FOMC minutes

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Gold, silver down on demand concerns – no reaction to FOMC minutes

Gold and silver prices are lower in afternoon U.S. trading Wednesday, amid worries about demand for precious metals following this week’s downbeat economic data coming out of China and still-heightened worries about a U.S. and/or global recession. Rising U.S. Treasury bond yields and a firmer U.S. dollar index on this day were also bearish outside market elements for the metals markets. October gold futures were last down $11.00 at $1,768.50. September Comex silver futures were last down $0.29 at $19.79 an ounce.

The just-released minutes from the last meeting of the Federal Reserve’s Open Market Committee (FOMC) showed members remained concerned about inflation, believing it will remain elevated for some time to come. Members expect “ongoing increases” in the Federal Funds rate—the main U.S. interest rate. The FOMC members also said the U.S. economy’s trajectory was noticeably weaker than what they thought at the previous FOMC meeting. The marketplace was looking for clues on the timing and degrees of upcoming monetary policy tightening from the U.S. central bank. Right now, the Fed funds futures market is putting nearly even odds on either a 0.5% or a 0.75% interest rate increase at the September FOMC meeting. The marketplace, and the metals, showed now significant reaction to the minutes, which contained no big surprises.

Trudeau's policies will put Canada's food supply in peril and lead to higher prices – Maxime Bernier

Global stock markets were mixed overnight, with Asian indexes mostly up and European indexes mostly down. U.S. stock indexes are lower in afternoon trading, on routine corrective pullbacks after hitting four-month highs on Tuesday. Corporate earnings reports are in focus this week.

The key outside markets today see Nymex crude oil prices higher and trading around $88.00 a barrel. The U.S. dollar index is higher in early U.S. trading. The yield on the 10-year U.S. Treasury note is fetching 2.9%.

Technically, October gold futures prices hit a two-month low today. The gold futures bears have the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close above solid resistance at the August high of $1,814.40. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,700.00. First resistance is seen at today’s high of $1,786.30 and then at 1,800.00. First support is seen at the August low of $1,759.70 and then at $1,750.00. Wyckoff's Market Rating: 3.0.

September silver futures bears have the overall near-term technical advantage. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at $20.00 and then at $20.25. Next support is seen at $19.47 and then at $19.25. Wyckoff's Market Rating: 3.0.

September N.Y. copper closed down 440 points at 358.05 cents today. Prices closed nearer the session low. The copper bulls and bears are on a level overall near-term technical playing field. Prices are trending up on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 330.00 cents. First resistance is seen at last week’s high of 371.30 cents and then at 380.00 cents. First support is seen at this week’s low of 354.60 cents and then at 350.00 cents. Wyckoff's Market Rating: 5.0.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

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What is Bitcoin? Bitcoin Explained Simply for Dummies

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What is Bitcoin? Bitcoin Explained Simply for Dummies

August 17, 2022 CryptoExpert Bitcoin

HashFlare

Welcome to 99Bitcoins.com. I'm Nate Martin and I'll be your guide through this video series Bitcoin Whiteboard Tuesday. We're going to cover a lot of topics such as Bitcoin mining, Bitcoin wallets,

how to trade Bitcoin and a lot more.

Something Big is Happening

Great deals on cute dresses and clothing at Lulus!

www.lulus.com

>

Today we're going to start from scratch and answer the third most searched term on Google today, what is Bitcoin? If you’re worried that we’re going to get too technical and use a lot of complicated words, don’t.

Here at 99Bitcoins, we translate Bitcoin into plain English so even if you have no technical background

Phemex

you’ll be able to understand everything.

By the end of this course, you’ll know more about Bitcoin and how it works than 99% of the population.

So let’s get started… Before we talk about Bitcoin I want to take a moment and talk about money. What is money exactly? At its core, money represents value. If I do some work for you, you give me money in exchange for the value I gave you.

I can then use that money to get something of value from someone else in the future. Throughout history, value has taken many forms and people used a lot of different materials to represent money. Salt, wheat, shells and of course gold have all been used as a medium of exchange.

However, in order for something to represent value people have to trust that it is indeed valuable and will

stay valuable long enough for them to redeem that value in the future.

Up until a hundred years ago or so we always trusted in someTHING to represent money.

However something happened along the way and we’ve changed our trust model from trusting someTHING to trusting in someONE. Let me explain.

Over time, people found it too cumbersome to walk around the world carrying bars of gold or other

forms of money, so paper money was invented.

 

Here’s how it worked: a bank or government would offer to take possession of your bar of gold; let’s say

worth $1000, and in return, that bank would give you receipt certificates, which we call bills, amounting to $1000.

Not only were these pieces of paper much easier to carry, but you could spend a dollar on a cup of coffee

and not have to cut your gold bar into a thousand pieces.

And if you wanted your gold back, you simply took $1000 in bills back to the bank to redeem them for

the actual form of money, in this case that gold bar, whenever you needed… And so, paper began its use as money as an instrument of practicality and convenience.

 

However as time progressed, and due to macroeconomic changes, this bond between the paper receipt

and the gold it stands for was broken.

Now, to explain the path that led us away from the gold standard is extremely complex, but suffice to say that governments told their people that the government itself would be liable for the value of that paper money.

Basically we all said “let’s just forget about gold and trade paper instead”. So people continued to trade with receipts that are backed by nothing but the government’s promise. And why did that continue to work? Well, because of trust.

 

Even though there is no actual commodity backing paper money, people trusted the government and

that’s how fiat money was created. Fiat is a Latin word that means “by decree”. Meaning the dollars, or euros or any other currency for that matter have value because the government orders it to.

It’s what is known as “legal tender” – coins or banknotes that must be accepted if offered as payment. So the value of today’s money actually comes from a legal status given to it by a central authority, in this case, the government.

And so the trust model has changed, from trusting someTHING to trusting someONE, in this case, the government. Fiat money has two main drawbacks: 1. It is centralized: You have a central authority that controls and issues it.

In this case the government or central bank. And two, it is not limited by quantity: The government or central bank can print as much as they want whenever needed and inflate the money supply on the market.

 

The problem with printing money is that because you’re flooding the market with more money the value of each dollar drops, so your own money is worth less. When you see prices rising throughout the years it’s not necessarily that prices are rising as much as that the purchasing power of your money is dropping.

You need more dollars to buy something that used to “cost less”. Once fiat money was in place, the move to digital money was pretty simple. We already have a central authority that issues money, so why not make money mostly digital and let that authority keep track of who owns what.

Today we mainly use credit cards, wire transfers, Paypal and others forms of digital money. The amount of physical money in the world is almost negligible and is getting smaller with each year that passes.

So if money today is digital, how does that even work? I mean, if I have a file that represents a dollar, what’s to stop me from copying it a million times and having a million dollars? This is called the “double spend problem”.

The solution that banks use today is a “centralized” solution; they keep a ledger on their computer which keeps track of who owns what. Everyone has an account and this ledger keeps a tally for each account.

We all trust the bank and the bank trusts their computer, and so the solution is centralized on this ledger in this computer. You may not know this, but there were many attempts to create alternative forms of digital currencies, however none were successful in solving the double spend problem without a central authority.

 

Whenever you give a anyone control over the money supply you’re giving them enormous power and this creates three major issues: The first issue is corruption; power corrupts, and absolute power corrupts absolutely.

When banks have a mandate to create money, or value, they basically control the flow of value in the world, which gives them almost unlimited power. A small example of how power corrupts can be seen in the Wells Fargo’s scandal where employees secretly created millions of unauthorized bank and credit card accounts in order to inflate the bank’s revenue stream, without their customers knowing about it for years.

The second issue of a centralised system is mismanagement. If the central authority’s interest isn’t aligned with the people it controls there may be a case of mismanagement of the money. For example, printing a lot of money in order to save a certain bank or institution from collapsing, as what happened in 2008.

The problem with printing too much money is that it causes inflation and basically erodes the value of the citizen’s money. One extreme example for this is Venezuela, where the government has printed so much money, and the value of it has dropped so much, that people are no longer counting money but are weighing it instead.

The last issue is control. You are basically giving away all control of your money to the government or bank. At any point in time the government can decide to freeze your account and deny you access to your funds.

Even if you use only cold hard cash the government can cancel the legal status of your currency as was done in India a few years back. This was the state of things until 2009. Creating an alternative to the current monetary system seemed like a lost cause.

But then everything changed…. In October 2008 a document was published online by a guy calling himself Satoshi Nakamoto. The document, also called a whitepaper, suggested a way of creating a system for a decentralised currency called Bitcoin.

This system claimed to create digital money that solves the double spend problem without the need for a central authority. At its core Bitcoin is a transparent ledger without a central authority, but what does this confusing phrase even really mean? Well, let’s compare Bitcoin to the bank.

Since most money today is already digital, the bank basically manages its own ledger of balances and transactions. However the bank’s ledger is not transparent and it is stored on the bank’s main computer.

You can’t sneak a peek into the bank’s ledger, and only the bank has complete control over it. Bitcoin on the other hand is a transparent ledger. At any point in time I can sneak a peek into the ledger and see all of the transactions and balances that are taking place.

 

The only thing you can’t figure out is who owns these balances and who is behind each transaction. This means Bitcoin is pseudo-anonymous; everything is open, transparent and trackable but you still can’t tell who is sending what to whom.

Let’s explain this with an example. You can see on your screen certain rows from Bitcoin’s ledger. We can see that a certain Bitcoin address sent 10,000 Bitcoins to another Bitcoin address in May of 2010.

This specific transaction is the first purchase that was ever made with Bitcoin and it was used to buy 2 pizzas by a guy named Laszlo. Laszlo published a post back in 2010 asking for someone to sell him 2 pizzas in exchange for 10,000 Bitcoins.

Well, someone did, and now the price of these two Pizzas is worth well over 100 million dollars today. Bitcoin is also decentralized; there’s no one computer that holds the ledger. With Bitcoin, every computer that participates in the system is also keeping a copy of the ledger, also known as the Blockchain.

So if you want to take down the system or hack the ledger you’ll have to take down thousands of computers which are keeping a copy and constantly updating it. Like most money today, Bitcoin is also digital.

This means there’s nothing physical that you can touch in Bitcoin. There are no actual coins, there are only rows of transactions and balances. When you “own” Bitcoin it means that you own the right to access a specific Bitcoin address record in the ledger and send funds from it to a different address.

So what does all of this mean? Why is Bitcoin such big news? Well for the first time since digital money came into existence we now have an alternative to the current system. Bitcoin is a form of money that no government or bank can control.

Think about the time before the Internet, how centralized the flow of information was. Basically if you wanted information you could get it from a few major players like the New York Times, The Washington Post and others like them.

Today, thanks to the Internet, information is decentralized and you can communicate and consume knowledge from around the world with the click of a button. Bitcoin is the Internet of money and it’s offering a decentralized solution to money.

Bitcoin has several advantages over the current system. First, it gives you complete control over your money. With Bitcoin, you and you alone can access your funds. How you actually do this will be explained in a later video.

No government or bank can decide to freeze your account or confiscate your holdings. Bitcoin also cuts a lot of the middlemen from the process of transferring money. This means that in many cases Bitcoin is cheaper to use than traditional wire transfers or money orders.

 

Also, unlike fiat currencies, Bitcoin was designed to be digital by nature, this means you can add additional layers of programming on top of it and turn it into “smart money”, but more on that in later videos.

Finally, Bitcoin opens up digital commerce to 2.5 billion people around the world who don’t have access to the current banking system. These people are unbanked or underbanked because of where they leave and the reality that they have been born into.

However, today, with a mobile phone and a click of a button they can start trading using Bitcoin, no permission needed. Today there are several merchants online and offline that accept Bitcoin. You can order a flight or book a hotel with Bitcoin if you like.

There are even Bitcoin debit cards that allow you to pay at almost any store with your Bitcoin balance. However the road toward acceptance by the majority of the public is still a long one. As we continue in this video series, we will break down exactly how Bitcoin works and how to use it.

We will learn about Bitcoin mining, Bitcoin wallets, how to buy Bitcoins and much more. The revolution of money began in 2009 and these days we are seeing it change money as we know it. You may still have some questions.

If so, just leave them in the comment section below. And if you're watching this video on YouTube and enjoy what you've seen, don't forget to hit the like button. Then, make sure to subscribe for notifications about new episodes.

Thanks for joining me here at the Whiteboard. For 99Bitcoins.com, I’m Nate Martin, and I’ll see you… in a bit.

Read More on Bitcoin

Source Link: https://www.youtube.com/watch?v=41JCpzvnn_0

Tim Moseley

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Gold silver lower as crude oil sinks bond yields rise

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Gold, silver lower as crude oil sinks, bond yields rise

Gold and silver prices are lower in near midday Tuesday. Weaker crude oil prices and rising U.S. Treasury bond yields on this say helped to pressure the precious metals markets. Also, recently rallying U.S. stock indexes that hit multi-month highs Monday are pulling away trader/investor interest in the long side of the safe-haven gold and silver markets. October gold futures were last down $7.80 at $1,780.00. September Comex silver futures were last down $0.167 at $20.11 an ounce.

Global stock markets were mixed to firmer overnight. U.S. stock indexes are mixed near midday. Corporate earnings reports are in focus this week. Risk appetite in the marketplace this week is less than robust after some downbeat economic from China that prompted China’s central bank to ease its monetary policy. Also, a weaker U.S. Empire State manufacturing report on Monday has ratcheted up worries about an impending U.S. recession.

The key outside markets today see Nymex crude oil prices lower and trading around $87.50 a barrel. Reports said Iran may be taking steps in its nuclear program to ease international sanctions on Iranian oil. The U.S. dollar index is a bit weaker in midday U.S. trading. The yield on the 10-year U.S. Treasury note is fetching 2.837%.

Technically, October gold futures bears have the overall near-term technical advantage. A fledgling price uptrend on the daily bar chart has been negated. Bulls’ next upside price objective is to produce a close above solid resistance at the August high of $1,814.40. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,725.00. First resistance is seen at today’s high of $1,787.60 and then at 1,800.00. First support is seen at today’s low of $1,775.20 and then at $1,760.00. Wyckoff's Market Rating: 3.5.

September silver futures bears have the overall near-term technical advantage. A fledgling uptrend on the daily bar chart has stalled out. Silver bulls' next upside price objective is closing prices above solid technical resistance at $22.00. The next downside price objective for the bears is closing prices below solid support at $19.00. First resistance is seen at today’s high of $20.25 and then at $20.50. Next support is seen at today’s low of $19.86 and then at $19.47. Wyckoff's Market Rating: 3.5.

September N.Y. copper closed down 65 points at 361.10 cents today. Prices closed near mid-range. The copper bulls and bears are on a level overall near-term technical playing field. Prices are trending up on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 385.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 330.00 cents. First resistance is seen at last week’s high of 371.30 cents and then at 380.00 cents. First support is seen at this week’s low of 354.60 cents and then at 350.00 cents. Wyckoff's Market Rating: 5.0.

By Jim Wyckoff

Time to buy Gold and Silver on the dips

 

Tim Moseley

The Artist that came out of the Winter