Member Info for nomlungu

'gold must up'

Up just under 0.5% in $ today... But there seems to be a growing expectation of significant drops in US interest rates this year to under 3% by year-end. Which is a double-good for gold producers as their finance costs will be lower and gold can be expected to stay at elevated prices as the return on other assets drop.

In the next phase of Online Safety Act implementation, children’s safety duties and related codes of practice will come into full effect on 25 July 2025.

https://www.latham.london/2025/06/uk-online-safety-act-summer-2025-deadlines/

https://www.ofcom.org.uk/os-toolkit/assessment-tool

This is going to be a headache for platforms like this as some of the regular troll accounts will potentially violate the new law; LSE will have little option but to clamp down to avoid some really harsh penalties. Expect to see many international forums closing to UK users as the cost complying with the UK's rules will not be worth the benefit to them.

Did Sunak Call Election to Hide Afghan Scandal?

https://www.youtube.com/watch?v=t0trf-I6pLc

The injunction was due to be lifted the day after the general election... rather convenient timing or just cynical politics?

'and more importantly to reeves.....extra trading.....extra taxable income?'

Yeah - punters losing their money gambling on out of hours trades will need to do overtime to make back their losses!

AI Serves Up a Better Way to Produce Green Ammonia A new catalyst provides a sevenfold increase in ammonia volume

https://spectrum.ieee.org/green-ammonia-ai-catalyst

One of the hyped uses of hydrogen is to make ammonia to use as ship fuel or simply an energy carrier... if you can make ammonia without creating hydrogen first, it will have a huge impact on the size of the hydrogen market.... Also interesting to see how much the process of finding better catalysts was speeded up.

I used to price up early on the races in ZA... always easy to get a higher margin by aggressively marking prices down to create the illusion of market changes, which then draw punters to part with their hard-earned money [or not so hard-earned as I had primps, drug dealers and corrupt police as some of my customers].

24 hour trading will just allow people to lose their money faster, especially if they have had a few too many drinks late at night and try to react faster than automated trading systems to breaking news.

Eric Topol's latest Substack: The Peptide Craze The Surge in Use of Off-Label and Non-FDA Approved Peptides

https://erictopol.substack.com/p/the-peptide-craze

Must be of interest to those positive about VAL's future, bearing in mind that peptides are core to most of VAL's compounds.

A bit ironic that kiddy fiddling scandals are likely to take down trump and orban... the supposed champions of family values.

https://en.wikipedia.org/wiki/Katalin_Nov%C3%A1k_presidential_pardon_scandal

For the first time in modern history a capital city is on the verge of running dry

https://edition.cnn.com/2025/07/19/asia/afghanistan-kabul-water-crisis-report-intl-hnk

Population just under 5 million; it will be a disaster of monumental proportions which will destabilise the country and it's neighbours.

Mr. Newberger's AI Funnies

https://www.youtube.com/watch?v=ELJhKli-dmk

Hypefantasticist?

Down 5% in the US

https://www.google.com/finance/quote/GSK:NYSE

The Rest is Politics US

https://www.youtube.com/watch?v=YKqN2j2VfP8

US Set to Impose 93.5% Tariff on Battery Material From China

https://www.bloomberg.com/news/articles/2025-07-17/us-set-to-impose-93-5-tariff-on-key-battery-material-from-china

'The US Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized.'

And now nobody is talking about the Epstein Files.

#speedopete

Trump believes he can fire Powell and cut interest rates by enough to save $1 trillion a year in interest... he has just said he is not planning on firing him unless there is fraud in the FED renovations... that's the reason he has been trialling for a few weeks now.

To save a trillion a year, he needs the FED rate cut by just under 3%..

Trump Likely to Fire Powell Soon, White House Official Says

https://www.bloomberg.com/news/articles/2025-07-16/trump-likely-to-fire-powell-soon-white-house-official-says

President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, a White House official said, and discussed the possible move in a meeting with congressional Republicans on Tuesday night.

While the lawmakers voiced support for the move, which would likely roil financial markets and lead to a consequential legal showdown, Trump has not made a final decision and could change his mind, according to the official who requested anonymity to discuss a private conversation.

Israel Attacks Syria - LIVE Breaking News Coverage

https://www.youtube.com/watch?v=O4Jj5pX--J4

What a mess... Israel must be close to exhaustion.

Ozzy Osbourne and Black Sabbath have signed off their career together with a bang. The Gods of heavy metal’s farewell show, Back to the Beginning, a little over a week ago in Birmingham, England, has become the highest-grossing charity concert of all time, according to Billboard. Rage Against the Machine guitarist and musical director of the show Tom Morello announced on Instagram last week that the Black Sabbath tribute show raised more than $190 million for charity. He added that the funds raised would be donated to houses and hospitals for children. “Boom. We set out to not just create the greatest day in the history of heavy metal,” Morello wrote. The money will be equally distributed to Birmingham Children’s Hospital and Acorn Children’s Hospice and Cure Parkinson’s, Osbourne himself having been living with Parkinson’s disease since 2019.

https://www.thedailybeast.com/ozzy-osbourne-and-black-sabbaths-charity-show-breaks-records/

One reason they support the Crypto Bill is the belief—rooted in Maganomics—that it will drive demand for U.S. Treasuries from stablecoins. This additional demand, estimated at between $500 billion and $2 trillion, is expected to slightly reduce interest rates.