Gold bears remain in control as short squeeze runs out of momentum

Gold bears remain in control as short squeeze runs out of momentum

Gold bears remain firmly in control of the market as prices have been unable to hold gains above $1,750 and a short squeeze on hedge funds has proved to be short-lived.

According to market analysts, hedge funds remain pessimistic about gold as markets shift expectations that the Federal Reserve will quickly pivot from its current aggressive monetary policy strategy.

Further rate hikes through the rest of the year and in the first quarter of 2023 continue to support the U.S. dollar at a 20-year high and bond yields above 3%, two significant headwinds for the precious metal.

According to the CME FedWatch Tool, markets see a 74% chance that the Federal Reserve will raise interest rates by another 75 basis points later this month.

Commodity analysts at TD Securities noted that gold's dismal performance through the summer indicates that the market has priced in higher interest rates; however, they added that the next wave of selling will be driven by expectations that a much-anticipated pivot is further away than initially thought.

"While gold prices may now have accurately captured the expected level of interest rates, they are not reflecting the implications of a sustained period of restrictive policy. Further, we see odds of a major capitulation event growing with every tick lower in gold prices," the analysts said in a note. "Gold markets still feature an extremely concentrated and bloated position held by a small number of family offices and proprietary trading shops, which are increasingly at risk as prices approach their pandemic-era entry levels."

The CFTC disaggregated Commitments of Traders report for the week ending Aug. 30 showed money managers decreased their speculative gross long positions in Comex gold futures by 4,089 contracts to 91,761. At the same time, short positions rose by 6,234 contracts to 79,973.

Gold's net length now stands at 11,788 contracts, down 46% from the previous week. During the survey period, gold prices briefly rose above $1,750 an ounce but could not hold those gains.

Platinum remains well supported even as surplus grows to 974k ounces – WPIC

Since then, gold prices have been stuck near support just above $1,700 an ounce.

Commodity analysts at Société Générale noted that the entire precious metals complex saw bearish flows of $2.5 billion.

"These flows came as Jerome Powell delivered his Jackson Hole speech. As the US Fed chair reiterated that the focus of the central bank is to tame inflation, precious metal prices fell, as higher interest rates erode the appeal of the non-interest-generating, safe-asset, bullion," the analysts.

As bearish as the sentiment is in the gold market, it is being outpaced by silver. Hedge funds made significant bearish bets in silver, according to the latest trade data.

The disaggregated report showed that money-managed speculative gross long positions in Comex silver futures fell by 564 contracts to 31,139. At the same time, short positions rose by 4,643 Analysts note that gross long are at their lowest point since Nov. 18, demonstrating how little contracts to 52,170.

bullish interest there is in the precious metal.

Silver's positioning remains net short by 21,031 contracts, up nearly 33%. During the survey period, silver prices dropped below $19.00 an ounce.

The sentiment in the silver market has continued to sour as prices have dropped below $18 an ounce.

Some analysts have said that growing recession fears continue to weigh on silver prices as 60% of demand comes from industrial uses.

Recession fears can also be seen in the copper market as hedge funds liquidate their bullish bets.

Copper's disaggregated report showed money-managed speculative gross long positions in Comex high-grade copper futures fell by 3,126 contracts to 37,617. At the same time, short positions rose by only 63 contracts to 46,284.

Positioning in the copper market remains solidly bearish with a new net short position of 8,667 contracts. During the survey period, copper prices hovered near support around $3.60 an ounce.

By Neils Christensen

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

Study Shows More Than a Third of Africa’s 53 Million Cryptocurrency Holders Are Nigerians

Study Shows More Than a Third of Africa’s 53 Million Cryptocurrency Holders Are Nigerians

Cryptocurrency and blockchain are hot topics in the news these days. Due to its growth and adoption, many people have become interested in digital money worldwide. However, Africa is making tremendous progress when it comes to cryptocurrency adoption. Cryptocurrency is transforming African economies through payments, international trade, and government functions. As countries look to embrace this new technology, Africa is poised to take advantage of its many benefits.

Several African countries have embraced cryptocurrency and blockchain technology by regulating crypto trading or creating state-backed crypto. For example, Kenya's Central Bank (CBK) classified crypto as a virtual currency and regulated its trade. South Africa also has plans to regulate crypto trading when it issued an amendment to its financial services regulatory framework this year. Uganda introduced a regulatory framework for blockchain development and Initial Coin Offerings (ICOs), which has led to increased investor interest in the country. Several other African countries are looking into similar strategies, further expanding the continent's cryptocurrency adoption rate.

Businesses in Africa typically use local bank accounts to conduct business with other nations. This allows African companies to make international payments using locally stored funds instead of transferring funds from abroad using foreign exchange dealers (FEDs). All thanks to the introduction of cryptocurrency. Many businesses across Africa now use cryptocurrency for international payments since it's cheaper than FEDs and doesn't require additional paperwork or conversions. This frees up time for other tasks while increasing profit margins simultaneously. The adoption of this technological development makes it perfect for casual businesses without extensive staff resources.


Image Source: https://mediciland.com/

African countries are also looking into blockchain technology to increase government transparency and accountability across the continent. Blockchain is secure and can transfer data quickly without any loss of accuracy like traditional computer systems do. This makes it ideal for keeping records such as land registries safe and easily accessible by all users on a decentralized platform like the Internet instead of an authoritative centralized system like governments have traditionally used.

Some African countries are already implementing this strategy, such as Zambia, which has created several pilot programs with international tech partners. These programs will bring government services online for the first time by allowing citizens access to their records online. Cryptocurrency has revolutionized African economies by making daily transactions cheaper, easier, and more secure than before, something any business would love!

Applying existing technology effectively can improve citizens' lives in developing areas far faster than simply throwing money at problems could ever achieve. Therefore, while developed countries wait to "catch up" with digital currency innovation, things appear to be changing in Africa, and Nigeria is leading the way and will be leaps ahead!

Nigeria Championing Crypto Adoption in Africa

According to the latest crypto-proprietary data from Triple-A, the African continent now has an estimated 53 million cryptocurrency holders. This is about 16.5% of the estimated global total of 320 million people. Interestingly, of all cryptocurrency holders in Africa, Nigerians account for more than a third of the total, or just over 22 million.


Image source: TripleA.io 

Nigeria has the fourth largest cryptocurrency holder globally, while the United States is the highest-ranked country with 46 million cryptocurrency holders. According to statistics, India and Pakistan are close behind, with 27 million and 26 million crypto owners, respectively.

While Nigeria ranks fourth in cryptocurrency ownership, the country is still considered the world leader in the number of people who Googled the keywords 'bitcoin' and 'cryptocurrency.' These findings are supported by the report of another study. The study shows that Nigeria is one of the most crypto-obsessed countries in the African continent.

Meanwhile, data from Triple-A shows that South Africa has the second largest cryptocurrency holder population in Africa at 7.7 million. This figure is equivalent to about 12.5% ​​of South Africa's population. Kenya has the third largest cryptocurrency owner in Africa, with 6.1 million or 11.6% of the country's population.

The top 5 countries in Africa with the most cryptocurrency owners are Egypt and Tanzania, with 2.37 million and 2.32 million holders, respectively. Seychelles is the lowest-ranked African country, with an estimated 1,257 cryptocurrency owners.

Bottom Line

The future belongs to those who will seize it today. No doubt, African countries like Nigeria are doing just that. By embracing cryptocurrencies and blockchain technology early on, the country has created an optimal environment for businesses and investors alike. Boosting their local economies significantly via increased investment and revenue generation opportunities through the adoption of innovative technologies such as these is something they have been doing at a rapid pace and with much success so far!

 

 

About: Prince Chinwendu. (Nigeria) Rapid and sustainable human growth is my passion, and getting a life-changing opportunity into the hands of people is my calling. Empowering entrepreneurs provides me with enormous gratification. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Tim Moseley

Dating Horoscope for July

Want to understand what movie stars ready for your online dating sites for singles life this month? Talk about the horoscope and then determine about your own future. 

You never know, possibly this month will make you the passion for lifetime. Or your commitment usually takes an urgent change.

Here is your private matchmaking horoscope for July.

ARIES

Could you be finally over your ex lover? This month you might get some vibes out of your past that may advise you of the missing really love. It’s advisable that you have these recollections, however, don’t get too weighed down because of it. Should you decide fulfill your ex lover in-person, there might be some sparks between you two. Before you take any activity, look at it two times.

It is gonna progress and you may do some healing whenever Chiron goes retrograde in your indication after July 8. Just remember that , you may not be completely delighted until you release the past and move forward.

TAURUS

A full moon and limited eclipse in other planet sign Capricorn is in the air throughout the sixteenth, that will be the top of the month and will deliver some brand new exciting minutes towards online dating life.

Discovering a balance between your work and private life is extremely important. After the month, you may feel pressured and mentally fatigued, thus utilize dating as a way for one to loosen up.

GEMINI

The start of the thirty days may seem very difficult obtainable. You are likely to feel a-sudden desire getting by yourself, ’cause it feels difficult understand and keep in touch with other folks.

The fun Leo sunlight comes throughout the twenty-second, providing your own online dating life the exciting playfulness this has been lacking. It is the greatest time for you to get back in to the dating share and fulfill new people. Many of these new activities can result in one thing extremely fun.

DISEASE

You have been feeling quite down recently but it’s planning to transform pretty soon. In the center of the thirty days, Mercury gets in your sign to take more fun to your internet dating life. It’s not only about really love and romance, however. The communicative abilities will be over the top this July which will help one solve a lot of the issues connected with work and fulfilling new-people. Should you decide satisfy special someone, you shouldn’t expect to belong really love instantly, but much better spend more time with each other and get to understand both safer to establish the sensation.

LEO

Whenever Mars comes into the fiery to remain July 1, incomparable some explosive electricity! You should not hold-back, Leo. Romance is actually electric now. You can easily enjoy beginning new connections throughout brand new moon within outgoing to remain July 31, specifically if you have actually many on your social calendar already. You may have a straightforward time chatting and flirting with complete strangers and acquaintances.

VIRGO

The energy environment Mercury converts retrograde inside Lion’s prideful sign up July 7, which makes it further awkward when you stumble over your own words or say the wrong thing. Producing a good basic effect is important, therefore make sure you think what you want to state earlier. Though, towards the end on the thirty days, could at long last do not hesitate of any constraints linked to your romantic life. There is nothing incorrect with showing you’re excited to see or perhaps be with some body, Virgo!

LIBRA

This month, you prefer to keep your relationship’s moments to yourself. There’s nothing bad about being private regarding the personal life, just don’t close up for some time, it could be rather difficult to get from this condition later on. It is exciting when sensuous Venus fulfills up with fiery Leo on July 27, mainly because you have been missing out on that enthusiasm in your romantic life lately. If you’ve already been anticipating a night out together with someone brand-new, pull out all of the stops.

SCORPIO

Jealousy is a significant element in intimate relationships while in the sun-Pluto opposition in the thirty days, and passionate triangles may become an issue. Don’t worry, though. You are able to deal with this case.

The sun pairs with Leo, the indication it rules, on July 22, making the month in advance exciting and fun. This transportation urges one end up being a tad bit more impulsive and reminds you that matchmaking is supposed are fun. You could be surprised how much cash fun you may be when you disappointed the safeguard.

SAGITTARIUS

This thirty days you’re proficient at picking right on up on options that other individuals skipped. If you don’t have any guidelines against matchmaking everyone’ exes, you could find your perfect match among them! The complete moonlight and limited lunar eclipse in challenging Capricorn in the sixteenth desire you to simply take a relationship one step more, however they are you really prepared? Behaving too soon can be your downfall today. Do not compromise a sure thing for a maybe.

CAPRICORN

This month you are not prone to date outside your typical “type” or take to new experiences now, and is okay but notably restricting. Newer and more effective constraints and limitations are coming towards internet dating life by the end for the month. The option of your lover may influence your own relationships with your loved ones or folks in your area. Remember not-being on a single web page along with your cherished one won’t meet your needs. So, even if you cannot really go along with them, look for techniques to compromise.

AQUARIUS

Your house environment is having significantly mismatched energy since it uses the month in regular Taurus, so you might not as experimental and nontraditional whilst usually are when it comes to love.  Exploring a lot more traditional connection roles offers advisable of what you are actually – as they aren’t – thinking about. The long-term plans are the focus now.

PISCES

Your home earth Neptune is retrograde all month, that could create some self-doubting moments. Why are situations constantly a great deal much better in your thoughts? Getting a step toward experiencing reality is a fantastic move though it may well not look like it at that time. Passionate Venus uses amount of time in fiery Leo beginning on twenty-seventh, meaning your relationship sizzles with possibilities. If single, pick people that complement your thing. Opposites attract, but having at least one part of common benefits.

Read additionally: What Your Horoscope Claims: The Most Appropriate Partners by Their Unique Zodiac Indications

And if you are nonetheless trying to find true love, do not forget to put in Meetville app on Android and iOS today and carry on a go out with neighborhood singles!

Characteristics Of Entrepreneur

Characteristics Of Entrepreneur

Entrepreneur

Important Characteristics Every Entrepreneur Must Have

Are you planning to start and run your own business? Do you know the right qualifications and characteristics an entrepreneur must have to succeed? Does your profile match that of a successful entrepreneur? In this article we will explore and discuss the essential characteristics that every entrepreneur must have. There are several important traits and values that are common among successful entrepreneurs. Before you go and start your enterprise, it will be very helpful to think and reflect whether you have what it takes to be a successful entrepreneur. If not, you can also start developing these character traits.

ecosystem for entrepreneurs

1.  Successful Entrepreneurs are Self-Confident – to succeed in the highly competitive business world, confidence and trust in oneself is an indispensable trait. Self-confidence means trusting your own powers and capabilities. The world of entrepreneurship is not alien to failure and disappointments. To survive in such a cutthroat world, an entrepreneur must have the ability to look within himself and find the drive and persistence to pursue his enterprise. An entrepreneur must have the gumption to face any adversity and tackle any problems that may be encountered in the world of business. 

2.  Successful Entrepreneurs are Risk-takers – being an entrepreneur means having the ability to trust your hunches and acting on them. Great business ideas sometimes start as a hunch which enterprising individuals acted upon. There is always the risk of loss in any endeavor, and entrepreneurs have just the right confidence to take calculated risks to achieve their objective.  However, an entrepreneur’s risk-taking does not depend on luck, but on sheer effort and hard work.

3.  Successful Entrepreneurs know the value of money and are careful about their finances – to succeed in any business; an entrepreneur must understand the value of money and the cost of things. Typically, successful entrepreneurs learned how to earn and value money at a young age. Most of them started out by earning loose change as teenagers mowing lawns, doing groceries, babysitting for neighbors, etc.

4.  Successful entrepreneurs have the so-called head for business – many entrepreneurs are gifted with intuition: they know what product or service is going to ‘click’ next. However, this ability does not involve clairvoyance or extra sensory powers of some sort, but rather, keen observation and understanding of what is going on around him. A good entrepreneur is always on the look out for new ideas and new ways to make money.

5.  Successful Entrepreneurs are competitive – the world of business is a very competitive environment. An entrepreneur must be aggressive enough to pursue his goal despite having many rivals and competitors. An entrepreneur must know how to stay ahead of his competitors, either by introducing new ideas and exploring new ventures, all in the spirit of expanding his business.

6.  Successful Entrepreneurs are honorable and have a good work ethic – although it is a fact that the business world is ruthless, but the successful entrepreneur will strive to make every business deal honorable. The mark of a successful entrepreneur lies in a good personal work ethic that ultimately leads to good business practices, excellent reputation and good association with industry peers and business partners. 

7.  Successful Entrepreneurs know the importance of leisure time – hard work and determination are very important values every entrepreneur must have. However, a good entrepreneur knows when it’s time to take a step back from all the rigors of business and enjoy some downtime with their family. Besides, we all do need a little relaxation to refresh the body and mind before plunging back into the challenging (and stressful) world of business.

These are just seven of the most important characteristics of an entrepreneur. Of course, the characteristics every entrepreneur must have are not limited to the ones mentioned. Having these characteristics is not a guarantee that an entrepreneur will be successful. But with these characteristics, an entrepreneur has just the right ingredients for success. All one needs to do is to find the right mix of these values, excellent timing, perhaps a bit of luck and, of course, faith in oneself. So, do you have what it takes to be a successful entrepreneur? Go over these characteristics and values mentioned and reflect if you do have these.

 

ecosystem for entrepreneurs

Tim Moseley

50000 gold is likely once the monetary system returns to a gold standard John Butler

$50,000 gold is likely once the monetary system returns to a gold standard – John Butler

s the world transitions to a gold standard monetary system, the price of gold will skyrocket to $50,000 per ounce, said John Butler, Head of Treasury at TallyMoney and author of The Golden Revolution, Revisited.

“Today, the gold price is too low to allow markets to clear, because assets are over-valued vis-à-vis gold,” he said. “According to my calculations, you’re talking about something in the region of $50,000 per ounce being [reasonable] if you go back to a gold-backed international monetary system.”

Butler claimed that the process of transitioning to a gold standard is inevitable as the U.S. loses its economic dominance and the world become multipolar.

“Gold solves for the game-theoretic monetary equilibrium for a multipolar world that is, nevertheless, hugely dependent on international trade,” he explained. “At the end of the Second World War, the U.S. economy was roughly half the entire global economy. By activity today, it’s only 20 percent… If you just extrapolate this trend, ultimately, it’s going to tip the balance regardless of whether the U.S. retains military superiority or not.”

Butler spoke with David Lin, Anchor and Producer at Kitco News.

Fed policy and gold

On August 26th, Federal Reserve Chairman Jerome Powell gave a hawkish speech at the Jackson Hole Symposium, stating that it would require “pain” to bring inflation down to 2 percent.

The latest data show that U.S. inflation was 8.5 percent in July.

Opinion is divided on whether the Fed will pivot on its tightening cycle. Butler said that Powell would reverse rate hikes, which could benefit gold.

“[The Fed’s hawkish moment] is taking place right now,” said Butler. “When it goes, and markets reassess in a substantial way that central banks are far more powerless to act on inflation than they thought, I think gold is going to recover all of its losses this year, and indeed reach new highs.”

He added that Powell’s hawkish Jackson Hole speech was merely a “credibility restoration exercise,” and that “The U.S. economy is unable to last with strength if interest rates continue to rise,” which would cause “The Fed to blink sooner than most people believe.”

BRICS: a new reserve currency?

The BRICS nations (Brazil, Russia, India, China, and South Africa) are allegedly developing a new reserve currency, based on a basket of BRICs currencies, to rival the U.S. dollar.

Butler said that although the claim of a new reserve currency “has been a rhetorical talking point for an awfully long time,” that “a heightened degree of geopolitical tensions around the world” could mean more progress towards the BRICS’ goal.

“If [the BRICS] decide to somehow come up with a way to trade bilaterally, and to use each others’ currencies as reserves, or to create a basket of their own currencies and use that as reserves… that would be a world historical event,” he said.

In his book, Butler wrote that the BRICS countries would likely choose “a gold-backed currency of some sort” as “an objective reference currency that can be trusted and accepted by all.”

“The fact is that nobody can print gold, and nobody can create gold,” said Butler. “It’s nice to know that Mother Nature determines how much gold is available… [Gold] facilitates all the good things about international trade while mitigating the potential bad things about monetary manipulation.”
 

To find out Butler’s thoughts on Bitcoin, watch the video above
 

By Cornelius Christian

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

5 Characteristics Of Winners

 

5 Characteristics Of Winners

webtalk

Life is tough, it can feel too hard to deal with sometimes. Despite that, there are plenty of people who manage to walk away winners constantly. How on earth do they do it? They seem to have an endless measure of magic stuffed in their pockets, a supply they dip into when they need to sprinkle success on everything they do.

The truth is that the qualities necessary for success at the beginning of time remain the same as they are now. The path to success never changes, yet we're all guilty of trying to find shortcuts to speed up the road to success. Winners tend to have certain characteristics; however, they apply them. Let's talk about five of them.

1. No Excuses
Do you make excuses when you're late for work, miss a workout, or forget to tackle meal prep? Winners don't make excuses and it's easy to find justification for not doing what you're supposed to do. The difference between winning and excuse-making is that the latter will only give you an out to quit, give up, and walk away. Winners stick to it, even if the conditions aren't ideal.

2. Priorities
Winners know how to prioritize. Do you look at everything that needs to be done and work out a plan to knock each of them out in the order of importance? Or do you walk blindly through your day, disorganized, and stressed out because you have no idea what's going on. If you prioritize you can make plenty of time for work, home, and hobbies, too. Winners do.

3. Consistency
Do you know what winners know how to do? Win! All the time. They're winning constantly because they are consistent. It's not a one-off, it isn't a sometimes thing, winning is a lifestyle. It becomes a habit. Winners are consistent. A yo-yo diet is the perfect way to describe what winners avoid. They don't start off dieting on Monday morning only to give up after they slip-up come Friday night. They find a way to avoid future slip-ups, and they press the reset button on Saturday morning.

4. Team Work
Winners understand that sometimes success is a team effort. When someone else succeeds it doesn't mean they can't. When they see others succeed it simply fuels their want to succeed more. They don't just aim to succeed for themselves, they also build others up physically, spiritually, and mentally so that everyone can succeed.

5. Risk-Taking
Winners win because they're willing to take risks. If you never take a risk, then you will never succeed for success lies outside the comfort zone. Winners know that by taking risks and controlling things where possible they provide the best chance to succeed. Winners don't worry about loss; they don't concern themselves with the potential disaster that awaits them because they're too busy doing absolutely everything possible to ensure their success.

A winner has a good grasp of who they are, they aren't afraid to be honest with themselves. They know when to recover and when to push and they're not afraid to push themselves to the limit. Winners believe everything is possible. They know their purpose, they compete, they train, and they do it meaningfully. Winners don't waste time. They remain focused on people and activities that build them up.

If you want to be a winner, then you have to look at life differently. It isn't a race; it's a journey and that journey will be filled with twists and turns. Do you have what it takes to keep moving forward? If you can't answer yes to that question right now, I encourage you to take the necessary steps to ensure you can in the future.

Tim Moseley

Perform Opposites Bring In?

You’ve heard the outdated claiming “opposites draw in.” Yes they are doing……if you will be a magnet. About picking somebody, though, I lean more toward the concept that individuals perform well when they are with similar folks.

This is certainly true in specialist conditions, class options and social groups. Why must romantic connections be any various?

I do believe there’s something to be said for males and ladies whoever serious temperaments tend to be balanced by their own lover’s unique character, as well as in because of this, opposites perform work collectively.

Including, if you should be naturally high-strung and your date is actually mellow, he will help soothe you down when you inspire him is more inspired about existence. In case you are a shopaholic in which he is a frugal Freddy, he’ll coach you on ways to be a good idea with your cash although you show him simple tips to stay a little.

Usually, however, other attitudes and passions can produce real dilemmas.

Such as, if you value the best in the open air and then he’s an inactive, it’s likely that, you’ll be doing most lonely sightseeing. If you’re a Buddhist and he’s an atheist, you are probably going to get discouraged rather rapidly.

With regards to those things you will be passionate about, you should choose a partner exactly who feels in the same way. Relationships are about two people revealing a life together, and that means you must discuss similar interests, perceptions and ideas.

check

Valentine’s Day for Singles: It Wantedn’t Be Lonely!

Valentine’s is any occasion that honors really love and relationship, therefore it is generally a difficult time of the year to-be solitary. But, be assured, additionally, it may act as a catalyst for singles interested in really love and give their particular look the boost it requires!

Valentine’s Day, looked forward to by lovestruck lovers and willing wooers, is mingle2 com reviewmonly a significantly dreadful time for a number of from the singles that aren’t positively within the relationship video game. Within EliteSingles Valentine’s review, 75per cent of people hated valentine’s solely since it reminded them they had been unwillingly solitary. As novelist Joan Bauer put it “It was bad sufficient not having a boyfriend for brand new Year’s Eve. Now I got to cope with Valentine datelessness, feeling consummate social pressure out of every store in the usa just who caught minds and cupids on their windowpanes by January second to rub it in.”

Is February 14th a body weight on your own arms?

It looks like annually there is more and more buzz around Valentine’s Day, getting pressure on the shoulders if you aren’t at this moment experience successful within relationship, despite how well maybe you are carrying out in other areas of your daily life. Watching lovers satisfying, swapping gift suggestions, honoring their own really love, hunched over candlelit tables whispering nice nothings in both’s ears… it could be difficult to just take. But as just one have you thought to change romantic days celebration into one thing positive?

Find out more: Are you ready for a relationship? All of our helpful test will allow you to determine!

Stating thanks but no as a consequence of Valentine’s Day?

When you find yourself single for valentine’s, two situations are most likely that occurs:

First situation: One yearns to obtain a partner over time for romantic days celebration to who they can devote each of their attention. Since time attracts nearer capable come to be despairing of not having discovered someone that is likely to make it a particular day for them.

2nd scenario: One can entirely reject a single day by denigrating love and all their trappings, talking up his or her celibacy, stating that a person is better off by yourself compared to terrible business, that getting solitary these are typically without obligation, they have liberty and autonomy and get fundamentally dodged a round to avoid most of the headache of February 14th. Interestingly sufficient, the male is a lot more accepting of ‘bad organization’ than women. 64% of women proclaiming that the worst possible Valentine’s was one spent with someone they didn’t wish to be with. Evaluate this with men, of who just 1 / 2 believed exactly the same way. Men happened to be in fact a lot more inclined to say that the worst romantic days celebration is certainly one invested alone. Probably women aren’t the needier sex?

Read more: The Sociology to be solitary – read our very own article regarding condition of singledom.

An alternative solution option…

There is actually a third, less revolutionary, circumstance that requires nearing the time with a very positive frame of mind. For a start, commemorate your self! One in ten folks send themselves blossoms on romantic days celebration, so why not treat you to ultimately something good. Whenever considering it just a little you’ll started to realize that romantic days celebration is generally a celebration of friendship and additionally love. Consider meet up with buddies (ideally solitary pals) to simply take stock of the past year, and every select brand-new targets which can be calibrated in accordance with your objectives. Speak to the man or girl that ordinarily you might be as well chock-full of trepidation to approach, with lighting center with no expectations. Head out more regularly with pals in order to meet people, begin brand-new activities including signing up for a novel dance club or a climbing centre, or think about signing up for a dating site. End up being pro-active, but never put extreme stress on your self. Most likely, it is yet another time. If you’re determined to not ever end up being solitary you will find the way in which is best suited for you sooner or later.

Prepared find lasting really love? Satisfy the fits and join EliteSingles nowadays!

Options:

All stastics obtained from an authentic EliteSingles study, 2013.

Gold price rallies modestly as US jobs data close to expectations

Gold price rallies modestly as U.S. jobs data close to expectations

The gold market is holding on to modest gains but is still looking to end the week on a sour note below $1,750 an ounce as the U.S. economy continued to add slightly more jobs than expected last month.

Friday, the Bureau of Labor Statistics said 315,000 jobs were created in August The data beat expectations economists were forecasting job gains of around 295,000.

However, the unemployment rate jumped higher than expected, rising 3.7% last month. Economists were expecting the rate to hold steady at 3.5%.

The gold market is seeing some buying momentum following the latest employment report. December gold futures last traded at $1,721 an ounce, up 0.68% on the day.

Although the headline number was positive, the report noted sharp downward revisions for June. The bureau revised June’s employment data down by 105,000 jobs to 293,000. July’s data was revised down to 526,000 from the initial estimate of 528,000.

Also positive for gold are signs that wages could be plateauing, a sign that inflation pressures continue to ease. The report said that average hourly wages increased 0.3% or by 10 last month. Economists were expecting to see a 0.4% increase. For the year wages have risen 5.2%.

The weak wage inflation data’s positive impact on gold could seem counter intuitive for some investors. However, market analysts have noted that easing inflation pressure could prompt the Federal Reserve to slow its pace of monetary policy tightening, which would be positive for gold.

So far, the data has not had much impact on interest rate expectations. According to the CME FedWatch Tool, markets still see a 75% chance that the Federal Reserve raises the Fed Funds rate by 75 basis points later this month.

Avery Shenfeld, senior economist at CIBC, said that although the data was positive, there was still enough “bad news” in the report to bring some relief to markets.

“In an US overheated economy, slightly bad news should be good news for markets, and today’s jobs data had a small taste of that,” he said. “The bond market has been selling off in the days leading up to the data and will see a bit of relief today, and even equities might be happier with a somewhat cooler temperature reading on what has been a too-tight labor market.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

 

Tim Moseley

eHarmony’s 3rd Annual Joy Index Reveals What Exactly Is Maintaining US Partners Together In 2020

Sex. Politics. Equality. Psychological state. Climate change. Willpower. These represent the situations on partners’ thoughts in 2020, relating to eHarmony’s third yearly installment of “The Happiness Index: like and relations in the us.”

Eight-two per cent of US lovers say they truly are pleased inside their recent passionate connections (down simply slightly from this past year’s 83percent). However, there’s no specific research to creating a satisfying relationship, surveys such as these present understanding of why is winning couples thrive. Two facets on top of the list are sex and high quality time.

Lovers in 2020 are more likely to focus on sex than couples in 2019. In 2010’s Happiness Index learned that 86 percent of couples with gender employing lover weekly are content. The 78 per cent of partners with gender month-to-month and 66 percent that have intercourse several times annually are less delighted than their own counterparts. But it is not only sex that matters — lovers whom give attention to both intercourse and high quality time together are more happy (87 percent) than partners who concentrate only on intercourse (69 per cent) or high quality time (82 percent).

In a tumultuous election season, it’s no shock that politics and social issues are on every person’s brains. Couples in 2020 tend to be more likely than lovers in 2019 to disagree about politics at least once weekly. Their particular most significant issues feature overall economy (15 %), climate modification (19 per cent) and terrorism (29 per cent). Ladies are inclined than guys are concerned about environment change and terrorism, while the male is much more concerned with an economic crisis and epidemics.

Those weren’t really the only splits the 2020 joy Index found along sex lines. The study learned that, probably as opposed to dated stereotypes, men are 9 % happier than ladies in their own relationships. Although men are much more likely than ladies to think that staying in really love is more crucial than getting married (70 percent vs. 64 %), they are also more inclined than women to believe that becoming married made or tends to make their union more happy (68 per cent vs. 46 per cent). Seventy-three % of men wish to spend remainder of their own physical lives together with their lovers, basically upwards from this past year’s 67 per cent.

“As champions of love, the audience is thrilled to report that couples are using time to concentrate on their commitment through measures just like the top quality time they invest with each other, intimate intimacy and looking at the other person as equals,” mentioned Gareth Mandel, COO of eHarmony, in a press release. “We’re also monitoring new developments for partners of various age groups, specifically Millennials and Gen Z, with regards to really love, dedication, social problems and pleasure since these generations have become up within the digital get older where online dating sites has-been omnipresent.”

“The joy Index: adore and relations in America” 2020 report had been accredited by eHarmony and executed by Harris Interactive. Over 2,390 members who were elderly 21+ and married, cohabiting or even in a long-term connection participated. Outcomes were weighted getting nationally representative by get older, sex and region.

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