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Almost $1900!!!
Come on!!!!
1,899.35 +14.75 +0.78%
Kinesis is a crypto very much connected and backed by gold, even approved by Visa so not so bizarre .
By comparison what exactly is bitcoin backed by ?
If you cut the timeframe to 12years FireAnt, the kid would be a billionaire... Everything’s value is based on the time it exists, and human demands at the time...
I one hundred years' time, China will be in the same position in which the USA finds itself today. Russia will be ready to take over as the global economic superpower.
You don't need much imagination to guess who is predicting that scenario. (MA)
The sad thing (for me) is that I shan't be around to see if it's true.
Quite so Cowichan, wise words!
There is a nice, slow move to roll over that $1900 gold price barrier. It's not spiking and I can't reason why people would be selling at this time. Centamin is so cheap at this level. I hope to wake up in the morning to see gold over the line.
Nice comparison FireAnt, your analogy is excellent!
It always amazes me why people compare crypto to gold... bizarre...
"is here to stay..."
History teeches us that mankinnd is prone too making errers.
Totally agree SJ999, it's here to stay and it will be widely accepted. The dip on bitcoin is just a blip. Sorry Mr T you are totally wrong and you are heavily influenced by your investment in CEY. I hope CEY comes good but we have to accept that bitcoin is an alternative for gold in this day and age.
Good reason for pog rise.
"Gold jumps following disappointing consumer confidence data".
"US house prices rose more than expected in March".
and weaker Dollar.
Kitco news.
Could this be the start of something big ?
Couldn't disagree more- Crypto is here to stay 100%.
Above 125 close by Friday. This will fly soon!!!
Approaching €1900 .
Bitcoin is fairy tale just like the "Emperors new clothes" and after the realisation of the truth the ending of this fairy tale will most likely be very similar!
Clowns for sure! The Romans used to provide bread and circuses and more recently John Lennon complained about how many were stuck on drugs sex and TV. We won't mention rock n roll?
Of course now the distractions are more voluminous and some suggest our attention spans have shrunk down to a solid 8 seconds where we compete with gold fish....
The next distraction feeds off the last on your smart phone, and so on , all led by an algorithm (bugg@r the deities, too much like hard work and not enough "fun"?) in a mad merry chase across one's years...until the battery runs flat!
Glad the money is coming into gold. The crypto space still looks ridiculously overdone!
Best
The gnome
Ive now officially been in CEY just over 10yrs . My first trade in 2011, buying 2098 shares at £1.3851 and selling at £1.4721, making £183! The price is a premium on today :-(
Spot on Mr Gnome,
In a time of such instant communication amongst the ordinary people they should be questioning their ruling governments representatives (or 43.6% of 67.3% turnout in the UK) on all these issues.
But the politicians rarely get called to account on issues such as these because most of the ordinary people aren't aware, don't understand, or don't have care about them because their attention is diverted and opinion distorted by political spin or they are far too busy taking part in trivia on social media and taking selfies!
Dogs can be trained to detect the majority of COVID-19 infections even when patients are asymptomatic, according to scientists from the London School of Tropical Medicine, Durham University and the group Medical Detection Dogs. Authors of the research, which has yet to be peer-reviewed, hope the screening of clothing and face masks could help replace the need to quarantine airplane travelers after incoming flights. "What we're suggesting is that dogs would give the first initial screening, and then those (arrivals) that were indicated as positive would then receive a complimentary PCR test," declared co-author James Logan.
How does it work? The results are said to be more effective than temperature checks as they could detect mild or asymptomatic COVID-19 infections. Dogs that screened arrivals at airport terminals could detect 91% of cases, resulting in a 2.24x lower rate of transmission than with PCR tests alone.
On Friday, Thailand also deployed dogs trained to detect coronavirus infections by sniffing samples of human sweat as the country deals with a severe outbreak of COVID-19. The samples are stored in small metal containers for the dogs to inspect one by one, and about 2,000 specimens have already been sniffed this month. The trained Labradors at Bangkok's Chulalongkorn University have even shown a success rate of about 95% and the project's directors hope to extend the trial to airports or boat piers.
Bigger picture: Dogs have long been trained to detect odors associated with drugs or explosives, as well as malaria, cancer and diabetes, but "this is the first time that dogs are able to detect a viral disease in humans," said Dominique Grandjean, a professor at the National Veterinary School of Alfort in France. Sniffing tests would also cost as little as dollar and take seconds, compared to the expensive prices and time constraints of PCR testing.
Coronavirus testing stocks include Quidel Corporation (NASDAQ:QDEL), Fulgent Genetics (NASDAQ:FLGT), Hologic (NASDAQ:HOLX), Abbott Laboratories (NYSE:ABT), PerkinElmer (NYSE:PKI), Fluidigm (NASDAQ:FLDM) and Quest Diagnostics (NYSE:DGX).
Spot on Mr B.
Reading Goldgnome's posts first thing in the morning is better than radio's 'thought for the day'. They cut through the nonsense and look at the bigger picture.
The sad thing is that there are a lot of red noses out there that always seem to find ready owners.
Nice one Red - I like it. :-)
To remain on topic in case of complaint. - Comex Silver expiry today.
A good observation Goldgnome, I liked your summing up.
Especially your final sentence.
When there is an emergency ,they always send in the clowns. A diversion for the audience.
Have a good day all.
If its hard to predict the CEY SP and the POG, spare a thought for the experts, trying to predict how the new rules will play out and impact on the future.
“It’s hard for markets to understand and calibrate when the rules of the road have fundamentally changed,” Warsh tells Douglass in a Magellan podcast interview.
The sudden end to the idea that governments need to live within their means is just one example of these new rules, Warsh says. The reversal of decades of globalisation is another.
But perhaps the biggest rule change is that prices in financial markets – which are supposed to act as judgments on the future – are being distorted because “the largest bidder in many of those markets are governments” who have thrown trillions of dollars at buying bonds and other debt instruments.
“At a time of massive regime change in the conduct of governments and economic policy, financial markets are being asked to take in a lot.”
And on the circus goes, where it stops no one knows.
place your bets anyone?
best
the gnome
Shares on European markets were higher during premarket trading on Tuesday ahead of a fresh batch of economic data from Europe's largest economy.
Investors were awaiting Germany's first-quarter gross domestic product (GDP) figures, along with this month's Ifo business climate survey. Meanwhile, traders continued to weigh the inflation outlook as the global economy showed signs of recovery from the pandemic.
The DAX jumped 0.90% at 7:30 am CET, while the FTSE 100 climbed 0.19%. In Paris, the CAC 40 rose 0.14%. The euro was up 0.10% against the dollar at 7:40 am CET, buying 1.22272. At the same time, the pound rose 0.17% compared to the greenback to go for 1.41810.
Breaking the News / JC
Hi Rebess,
Yes indeed, let's hope this time that it is'nt a case of many a true word spoken in jest!