Chelsea assistant Zola lauds Loftus-Cheek improvementby Ansser Sadiq10 months agoSend to a friendShare the loveChelsea assistant manager Gianfranco Zola is happy with Ruben Loftus-Cheek.The club legend has been impressed with what he has seen from the English youngster this term.And he believes that if Loftus-Cheek can keep improving, he has a big future at the club.”I think Ruben has gone a long way from the beginning,” he said during a press conference.”He has improved a lot. “You can’t doubt his abilities, to play as a midfielder he is learning duties. I am very pleased with him. “He is an impact player, he was suffering when he didn’t play and being recognised is good for him.” About the authorAnsser SadiqShare the loveHave your say
Sarri delighted with ‘reaction’ for Chelsea win at Watfordby Paul Vegas10 months agoSend to a friendShare the loveChelsea boss Maurizio Sarri was pleased with their victory at Watford on Wednesday night.Eden Hazard scored twice as Chelsea gained a hard-fought win at Watford to reclaim fourth place in the Premier League table.The Belgian opened the scoring when he collected Mateo Kovacic’s pass, took the ball around goalkeeper Ben Foster and calmly finished for his 100th Blues goal.Chelsea’s lead only lasted two minutes until Roberto Pereyra volleyed past Kepa Arrizabalaga from the edge of the 18-yard box.But Hazard grabbed his second of the match in the second half when he converted a penalty after Foster had bundled him over.Sarri told Sky Sports: “I think we played a good match with a good level of determination and attention for 90 minutes. We could have won with another result. we missed three or four good opportunities but I’m happy with the reaction. It was dangerous for us when they conceded, but we reacted well and we didn’t stop playing our football.”On Eden Hazard’s performance, he added: “I think he played very well, not only for his two goals, but he was good with his teammates and in open spaces. I like him in every position he is a great player.”In this moment we need this solution because we need to be more solid defensively and with this system we can score and become more solid in the defensive phase. Maybe in the last match, we played better in the first half than we did tonight, but today the application was very good.” About the authorPaul VegasShare the loveHave your say
iTunes Movies U.S. charts for week ending January 13, 2019:iTunes Movies US Charts:1. First Man2. A Simple Favor3. Crazy Rich Asians4. Book Club5. Bad Times At the El Royale6. Venom7. Night School (2018)8. Mid90s9. BlacKkKlansman10. The Hate U GiveiTunes Movies US Charts – Independent:1. Mid90s2. Rust Creek3. The Old Man & the Gun4. Eighth Grade5. Wildlife6. Diet Fiction7. What They Had8. Madame9. Three Identical Strangers10. A Man Apart__(copyright) 2019 Apple Inc.By The Associated Press, The Associated Press
Peace River broke the previous record high of 29.6 degrees, which was recorded on June 19th, 1982. That community saw a high of 31.1 degrees on Tuesday. Tuesday’s high of 32.1 degrees in High Level was also record-breaking, topping the previous record by 3.2 degrees. FORT ST. JOHN, B.C. – The heat wave that has gripped much of B.C. and Alberta since Sunday has broken temperature records across the Peace Region.On Tuesday, Fort St. John got close to but didn’t break the June 19th record high temperature, as the airport weather station recorded a high of 30.2 degrees. That’s 0.4 degrees below the previous highest temperature on that day, which was recorded way back in 1950. Dawson Creek also came close to breaking the June 19th all-time high temperature of 29.9 degrees, which was recorded in 1982. Yesterday’s high in the Mile Zero City was 29.4 degrees.Fort Nelson was by far one of the hottest places in the Peace, setting a new all-time high-temperature record of 34.6 degrees Celsius, and breaking the previous record of 32.2 degrees that dates to 1950. Grande Prairie also broke the June 19th high-temperature record yesterday, as the recorded high of 30.8 degrees broke the 30.0-degree record that was set back in 1948.
New Delhi: Delhi Police on Sunday arrested three men and apprehended one juvenile near Sanyog Vihar for robbing a cab driver at gunpoint in the wee hours of Saturday morning. One of the accused, Jasveer (24) was a driver with an online ride-hailing service and was fired because of inappropriate behaviour. Police claim the robbery was planned as a means to exact revenge for his dismissal.According to police, Jasveer booked a cab from the same company he used to work at through an old SIM card around 2 am. He then boarded the cab with the three others accused in the case. A few minutes after, Gurpreet (19), who was in the passenger seat of the vehicle forcefully stopped the cab and pointed a country-made pistol at him. The four youth robbed the driver of all his valuables, including Rs 3,000 in cash, a Bluetooth speaker and his mobile phone. Also Read – After eight years, businessman arrested for kidnap & murderAccording to the driver, who made the PCR call following the robbery, the assailants tried to grab the car keys as well, but they broke the key sensor in the process and fled. Special Staff from Dwarka apprehended the accused within a day by developing leads through confidential informants in the area and a cursory check revealed the third accused as one Akash (22) and the fourth person involved in the robbery as a juvenile male. Gurpreet, Jasveer, and Akash were caught in a trap by the Special Staff team and were found to be riding a motorcycle with fake number plates. Background checks into the accused revealed that Gurpreet was previously arrested in connection with a murder and spent some time in prison. Interrogation of the three accused further revealed that the four had decided to rob a cab to celebrate Jasveer’s girlfriend’s birthday with whatever they could steal.
New York – Morocco’s inter-ministerial delegate for human rights, Mahjoub El Haiba, is taking part in New York in the 47th session of the UN Commission on population and development (Apr.7-11) “to assess the status of implementation of the program of action of the international conference of population and development, held in Cairo in 1994.The week-long forum will assess action taken over the past 20 years to improve people’s lives and address population issues amid changes in ageing, fertility, mortality, migration and urbanization, since the landmark Cairo international conference.That conference established that increasing access to health and education, and protecting human rights, especially those of women and teenagers, would help secure a better social and economic future and lead to more sustainable population trends. Secretary-General Ban Ki-moon noted that with the ICPD Program of Action, Governments set out an ambitious agenda to deliver inclusive, equitable and sustainable development. “Over the past two decades, this agenda has contributed to significant advances,” he said in a message to the Commission.“Fewer people are living in extreme poverty. Gender equality and the empowerment of women are gaining ground worldwide. More people are living longer, healthier lives. More girls are in school. Fewer women are dying in pregnancy and childbirth. There are more laws to protect and uphold human rights.”Yet, in the midst of this human progress, the continued exclusion of some groups and the potential for serious environmental damage put these gains at risk, Ban continued. Moreover, changing age, household and family structures as well as rapid urbanization and migration pose new challenges for human development.“We have an urgent responsibility, to invest in creating opportunities and a supportive environment for innovation and entrepreneurship for persons of all ages, in particular for young people. It is crucial to invest in their health and education and to review legislation, standards and practices that restrict their full participation in and access to sexual and reproductive health services.”The IPCD Global Review Report, issued by the UN in February, pointed out that much remains to be done on a range of issues, including the enormous inequalities that remain in the realization of human rights and access to vital services, as well as new challenges and opportunities related to population growth, changing age structures, rapid urbanization and migration.Since 1994, the global population has grown from 5.7 to 7.2 billion. Despite slowing population growth, UN projections suggest the world’s population could reach 9.6 billion by 2050, with most of the increase concentrated in the poorest countries.According to a report prepared by the Secretary-General for the Commission, the current state of the world’s population is one of unprecedented diversity and change, as reflected in new patterns of ageing, fertility, mortality, migration and urbanization.According to a news release on the Commission’s opening, older persons are the world’s fastest growing age group. The number of people over age 60 almost doubled between 1994 and 2014, and older persons today outnumber children under the age of five. Globally, the share of older persons is expected to reach 21 per cent by 2050.
More than 100 million mobile VR devices – including smartphone and standalone headsets – will access games globally by 2023, up from 52 million devices in 2019, according to Juniper Research.Juniper’s ‘Virtual Reality Markets: Innovation, Disruption and Future Prospects 2019-2023’ report argues that the development of smartphone VR content is essential for increasing consumer confidence in VR, following a disappointing year of hardware sales in 2018.Juniper claims that low-cost mobile VR content is needed to initially engage users and encourage them to other VR platforms and predicts that mobile VR will account for more than 55% of total VR games revenues by 2023.Overall revenues from VR-specific games are expected to rise from US$1.2 billion in 2019 to $8.2 billion by 2023. However, Juniper also forecasts that more than 50% of mobile VR games accessed in 2019 will not be monetised due to difficulty of implementing advertising in VR without impeding the user experience.The research names 2023 as the year that VR content revenues – from games, multimedia, gambling and other categories – will surpass hardware revenues for the first time, and recommends that VR headset vendors prepare for this growth by increasing their VR content libraries through app store partnerships.“Revenues from VR-specific mobile games will exceed US$4.6 billion by 2023, however average revenue per mobile VR games user will be the lowest of all VR platforms. In response, app developers must mitigate high app abandonment rates by providing engaging and continually-updated content,” said Sam Barker, senior analyst with Juniper Research.
The dollar index closed on Friday at 82.77…and gapped down about 10 basis points as soon as trading opened on Sunday night in New York. After that, it rallied to its high of the day…82.89…which came at the open of equity trading in New York…9:30 a.m. Eastern time. From there it got sold off into the close…finishing the Monday session at 82.65…down 12 basis points on the day. A cursory glance at the gold and silver charts from yesterday shows no correlation between the precious metals and the dollar index. Although gold’s low came at 10:30 a.m. in New York, the gold shares didn’t hit their nadir until 12:15 p.m. Eastern. After that they rallied weakly along with the gold price…and then traded sideways after 2:00 p.m. Eastern time. The HUI finished up 1.49%. Sponsor Advertisement Being a Tuesday, I have lots of stories from the weekend…and a goodly portion of them are gold related and well worth reading, so I hope you can find the time to spend on them. Obviously the U.S. Mint can’t keep up with demand for Silver Eagles…placing it in violation of the law which mandates enough bullion Silver and Gold Eagles must be produced to satisfy demand. But man-made laws can’t trump the law of supply and demand indefinitely. Many are still quick to point out that any silver shortage is confined to a number of retail forms of silver and not in the wholesale industry standard form of 1,000 oz bars. That seems to be true, but the silver retail shortage is burning intensely and the winds are strong and the firebreak separating retail and wholesale are more likely than ever to be breached. The simple fact is that these retail silver shortages have been flaring up on a recurring basis over the past few years and the current one is the strongest one yet. From everything I’ve observed, the retail shortage is bound to intensify…and I won’t keep it a secret as to what is the underlying cause – the price of silver is too low. – Silver analyst Ted Butler…20 April 2013 In a bifurcated market such as this one, it’s always hard to determine whether the hourly and daily charts for gold or silver are remotely close to free markets. At times they have characteristics of a free market…but then a not-for-profit seller shows up…and that’s it for the day…with yesterday’s price action in both gold and silver being another case in point. As Ted mentioned in his quote above, the silver price is too low…way too low…and so is gold. And as Grant Williams so exquisitely put it in his commentary posted above…”I can promise you that not a single one of those crashes, collapses, or crises ended up with retail investors stampeding to buy the asset that was supposedly cratering.” As the stories in the ‘Crticial Read’ section have pointed out…the precious metal markets are a firestorm of buyers…and they have sucked the pipeline clean of all precious metals world-wide over the last week. It will take many months to fill it again, if it can be done at all, especially if JPMorgan Chase et al continue to keep the precious metals at these giveaway prices. We’re still only selling 100 oz. silver bars at the store, as that’s all we can get…and I’d bet that even this tiny window that we have into the silver market will disappear soon. There’s nothing to buy anywhere, unless you want to pay a huge premium on e-bay. Well, the Commitment of Traders Report was not changed yesterday, so I doubt very much if it will be until Friday’s COT Report. At that point we’ll find out whether this now-obvious false reporting from last week will be rectified at that point…or have JPMorgan Chase and the CME Group corrupted this report permanently? We’ll find out soon enough. This bifurcated market cannot…and will not last. The total disconnect between the paper market price and the physical market price has to resolved…and resolved quickly…as the pressure on physical demand has gone supernova. Now that this fire is lit, it will be self-sustaining until prices change…and change drastically. The bullion banks and central banks are really up against it now…and have been caught in a trap of their own making…a plan that literally blew up in their faces. They discovered in a real hurry that the buyers of 2013 were wise to them…and didn’t react the way they had back in 2011 when “da boyz” pulled this same stunt. If there every was a time for the world’s central banks to mark up the prices of all the precious metals [plus copper and crude oil] this would be the time to do it. But in order to kill demand in precious metals stone-cold dead…it will take a big price adjustment to do it…and that’s why they’re going all-out to rid themselves of as much of their short positions [and/or go long] in these six commodities as they can. And that’s why the last COT report was a fabrication, as they don’t want anyone to see what progress they’re making. I note that all four precious metals came under selling pressure in the thinly-traded and highly illiquid Far East trading session on their Tuesday, with the lows coming just moments before 3:00 p.m. in Hong Kong…which was just moments before the 8:00 a.m. BST London open. As of 3:30 a.m. Eastern time, gross volumes are already very chunky in gold…over 44,000 contracts…and over 12,000 contracts [net] in silver. The high-frequency traders are definitely out and about. And as I hit the ‘send’ button at 5:10 a.m. Eastern time, I see that “Da Boyz” continued to be active even past the London open…and it should come as no surprise to you, dear reader, that silver was hit the hardest once again. As you already know, this precious metal is the biggest problem child of JPMorgan Chase, Canada’s Bank of Nova Scotia…and HSBC USA. Gold is down about eleven bucks…and silver is down 65 cents..but was down over 80 cents at its 8:55 a.m. BST low. Gold’s gross volume is now north of 58,000 contracts…and silver’s net volume is just above the 15,000 contract mark. The dollar index dipped about 15 basis points going into the London open…and then blasted skyward. It’s just an eyelash above the 83.00 mark as I write this. I’m watching the current situation with morbid fascination and, like everyone else out there, I’m making things up as I go along, as this really is a Star Trek-type of precious metals market. Right now we’re only at Warp Factor 1…but I don’t expect that to last too much longer. The rest of today’s trading action, once we get past the noon silver fix in London, should prove interesting. See you tomorrow. Here’s your “cute quota” for the day… (Click on image to enlarge) For whatever reason, the CME Daily Delivery Report was never updated from Friday’s data. I’m looking at the correct page on their website at ten minutes before midnight Eastern Daylight time…and it has not been updated. Normally it’s updated by 10:00 p.m. Eastern. Well, the finally did the update, but it was after midnight Eastern time before the got around to it. I discovered it around 4:30 a.m. Eastern when I was doing the final edit. The report showed that 43 gold and 11 silver contracts were posted for delivery tomorrow…and the link to the current Issuers and Stoppers Report is here. GLD took another big hit yesterday, as 589,959 troy ounces were reported withdrawn yesterday…and as of 11:55 p.m. Eastern time last night, there were no reported changes in SLV. There was a decent sales report from the U.S. Mint yesterday. They sold 7,500 ounces of gold eagles…7,000 one-ounce 24K gold buffaloes…and 681,000 silver eagles. Over at the Comex-approved depositories on Friday, they didn’t report receiving any silver…but they shipped 702,149 troy ounces of the stuff out the door. The link to that activity is here. Monday was another busy sales day at the store…but not quite as busy as Friday. Gold sales were really strong, as one customer came in and ordered an eye-watering amount of gold maple leafs. We still only have 100 oz. silver bars for sale…and there was still no change from the mints or the wholesalers, as none of them are taking orders. Here’s a chart that reader Richard Sypher sent my way yesterday. He borrowed it from yesterday’s edition of the “Daily Pfennig“..and I thank him for it. Silver’s price pattern was similar, but the rally into the noon hour London high wasn’t anywhere near as impressive as gold’s. After that high tick, the silver price pretty much followed the gold price pattern. Silver closed at $23.41 spot…up a whole 13 cents from Friday’s close. Volume, net of roll-overs out of the May contract, was only 32,500 contracts. The precious metal markets are a firestorm of buyers…and they have sucked the pipeline clean Gold traded flat when it opened in New York on Sunday night…but early in Tokyo trading on their Monday morning, the price jumped up about ten bucks…and stayed there until 10:00 a.m. in London, where it jumped up a few more times, but ran into the proverbial brick wall shortly after 12:00 o’clock noon BST. From that high, gold got sold down about twenty-five bucks…hitting it New York low at 10:30 a.m. Eastern time. After that, it slowly gained back some of that loss by 2:00 p.m…and then didn’t do much going into the 5:15 p.m. close of electronic trading. Gold closed the Monday trading session at $1426.30 spot…up $19.80 on the day. Gross volume was around 199,000 contracts…with a large chunk of that occurring early in the trading day…up until the London high of the day. The silver stocks traded mixed…and Nick Laird’s Intraday Silver Sentiment Index closed up a smallish 0.57%. Freegold Ventures Limited is a North American gold exploration company with three gold projects in Alaska. Current projects include Golden Summit, Vinasale and Rob. Both Vinasale and Golden Summit host NI 43-101 Compliant Resource Calculations. An updated NI 43-101 resource was calculated on Golden Summit in October 2012 and using 0.3 g/t cutoff the current resource is 73,580,000 tonnes grading 0.67 g/t Au for total of 1,576,000 contained ounces in the indicated category, and 223,300,000 tonnes grading 0.62 g/t Au for a total of 4,437,000 contained ounces in the inferred category. In addition to the Golden Summit Project the Vinasale also hosts a NI 43-101 resource calculation which was updated in March 2013. Indicated resources are 3.41 million tonnes averaging 1.48 g/t Au for 162,000 ounces, and Inferred resources are 53.25 million tonnes averaging 1.05 g/t Au for 1,799,000 ounces of gold utilizing a cutoff value of 0.5 grams/tonne (g/t) as a possible open pit cutoff. Please send us an email for more information, email@example.com
Silver’s early morning rally in the Far East ran into a major seller of last resort, as volume was north of 12,000 contracts by 11 a.m. in Tokyo. Silver was up almost 70 cents by that time, and from there it got sold down in fits and starts to its London low around $20.80 spot, which occurred about 12:15 p.m. BST in London, a slightly late silver fix, perhaps? After that, the silver price pretty much followed the gold price up until 9:20 a.m. EDT in New York. But, unlike gold, silver didn’t get sold down, it continued to creep higher in price, with the high tick [$21.59 spot] coming in electronic trading after the Comex close. The silver price got sold down a bit going into the 5:15 close. Silver finished the day at $21.42, up 87 cents from Friday’s close. Of course it, like gold, would have finished phenomenally higher if it had been allowed to do so, which it obviously wasn’t. Net volume was around 51,500 contracts, with about 12, 000 or so contracts traded by 10 a.m. Hong Kong time. The volume after that was slightly elevated, but nothing special. For the day, gold was up 1.72%, silver closed up 4.23%, platinum was down 0.40%, and palladium was down 0.54%. The dollar index closed on Friday at 81.12, and traded pretty flat until 2 p.m. in Hong Kong yesterday afternoon local time. From there it rallied to its 81.50 high, which occurred at 8:20 a.m. EDT, right at the Comex open. By noon it was back down to 81.30, before rallying into the close. The index finished the Monday trading session at 81.48, up 36 basis points from Friday’s close. Not surprisingly, the silver stocks did even better, as Nick Laird’s Intraday Silver Sentiment Index finished the day up 6.11%. A lot of the smaller junior producers/exploration companies finished up double digits. However, at these depressed share prices, that’s not hard to do, but nice to see, anyway. (Click on image to enlarge) The CME’s Daily Delivery Report showed that 58 gold and zero silver contracts were posted for delivery within the Comex-approved depositories tomorrow. The short/issuer of all 58 contracts was JPMorgan Chase out of its client account, and the only long/stopper of note was JPMorgan Chase in its proprietary [in-house] account. It was ever thus! The link to yesterday’s Issuers and Stoppers Report is here. The CME’s preliminary volume report for Monday’s trading shows that there are still around 1,300 gold contracts still open in August. It will be interesting to see not only how many of these contract holders actually stand for delivery, but who the issuers and stoppers might be. I was rather surprised to see that there were no additions to either GLD or SLV yesterday. But maybe I’m being impatient. Let’s see what today brings. I’m particularly interested in seeing what, if anything, is deposited in SLV in response to Monday’s [and last Thursday’s] move in the silver price. Joshua Gibbons, the Guru of the SLV Bar List finally updated his website with last week’s data. Here, in part, is what he had to say about SLV’s bar list as of the close of business on Wednesday, August 7th, “Analysis of the 07 August bar list, and comparison to the previous week’s list showed that 717,065.6 oz. were removed (0.5M oz. from Via Mat, 0.2M oz. from Brinks London), and no bars were added or had a serial number change. The bars removed were from: JSC (0.3M oz.), Korea Zinc (0.2M oz.), Shui Kou (0.1M oz.), and 4 others.” The link to his website is here. The U.S. Mint had a sales report. Once again, gold sales were very poor. They sold only 500 ounces of gold eagles, 1,500 one-ounce 24K gold buffaloes, and 746,000 silver eagles. Over at the Comex-approved depositories on Friday, they reported shipping out 164,500 troy ounces of silver, and didn’t report receiving any. None of the reported movements involved JPMorgan Chase. The link to that activity is here. In gold, they reported receiving 73,146 troy ounces, and shipped 100,467 ounces out the door. But a cursory glance at the numbers shows that a large percentage of it involved transfers within the Comex-approved depositories, Scotiabank to HSBC USA, and HSBC USA to JPMorgan Chase, the ‘Big 3’ shorts in silver, and two of the three biggest short holders in gold. In other words, it was “all the usual suspects”. The link to that action is here. Considering this is a Tuesday column, I don’t have all that many stories, and most of the ones I do have are precious metal related. I hope you have time to read them all. The reduction in the SLV short position by deposits of physical metal, and not by plain-vanilla share buying to cover short sales, points to tightness in the wholesale physical silver market. How so? Because it strongly suggests that SLV shares were originally sold short precisely because there was not sufficient metal available to deposit into the trust at that time. Only after the physical metal could be procured did the deposits take place. This is not the first time this has occurred and this is certainly not the only sign of wholesale tightness in the wholesale silver market. After a while, when it looks like, quacks like, and walks like a duck, chances are it is a duck (or genuine silver wholesale tightness). – Silver analyst Ted Butler, 10 August 2013 I was certainly happy to see the nice moves in both gold and silver yesterday, and it should come as no surprise to you, dear reader, that silver vastly outperformed gold. That should continue. But I wasn’t overly amused by the fact that there was obvious opposition by a not-for-profit seller in the Far East on their Monday morning, as the volume was enormous for that time of day. We’ll have to wait until Friday’s Commitment of Traders Report to see how much damage was done, not only yesterday, but for the entire reporting week, which has seen a big jump in price in both metals. Today, at the close of Comex trading, is the cut-off for that report. It’s also obvious that the 50-day moving averages in both silver and gold got totally obliterated yesterday. Here are their respective 6-month charts. It should come as no surprise to you, dear reader, that silver vastly outperformed gold. Gold rallied right from the open in New York on Sunday night. The buying ended, or the rally got capped, about forty-five minutes later. Volume by 11 a.m. in Tokyo was just north of 25,000 contracts, so these rallies did not go unopposed. The gold price traded sideways in a tight range either side of $1,330 spot until about half an hour after the 8 a.m. London open, and developed a negative bias going into the noon BST London silver fix. It began to rally from there, but it was the two [short covering?] rallies between 9 and 9:30 a.m. in New York that added another fifteen bucks to the price in very short order. The high tick came around 9:20 a.m. EDT, which Kitco recorded as $1,345.60 spot. After that, gold got sold down ten bucks going into the 1:30 p.m. Comex close, and didn’t do much from there. Gold finished the Monday trading session at $1,337.30, up $22.60 on the day, but well off its high. Volume, net of August and September, was around 151,000, but a big chunk of that traded in the first hour in Tokyo on their Monday morning, as it appeared that a fair amount of firepower was used to kill that rally. (Click on image to enlarge) The gold stocks gapped up a bit over four percent at the open yesterday, and were up almost seven percent at their highest, which was shortly before 1 p.m. EDT. After that they faded a bit for the rest of the day. The HUI turned a respectable performance nonetheless, closing up 5.51%. Sponsor Advertisement (Click on image to enlarge) Needless to say, I’m looking forward to what the technical funds do with their massive short positions now that this key moving average has been penetrated with a vengeance. And even more important, will JPMorgan Chase be there on the sell side when these funds begin to cover? I’m sure that Ted Butler’s raptors will be taking profits as the price climbs, but JPMorgan Chase is still running this show, and now have a long-side corner on the market. It remains to be seen how they use it, and I suspect that we won’t have long to wait to get the answer to that question. I took a quick peek at the preliminary volume numbers for Monday’s trading day, and even though I don’t wish to read too much into them, as they can change quite a bit when the final numbers get posted later this morning EDT, I was surprised to see that gold’s open interest was only up 3,000 contracts, which isn’t a lot. However, silver’s open interest blew out by 6,700 contracts, and that’s a huge amount. Hopefully the final numbers will show improvements, especially in silver. The price action in Far East trading on their Tuesday was choppy, and volumes reasonably light, and mostly of the high-frequency trading variety, so I’m not going to read a thing into these markets. However, at 2 p.m. Hong Kong time, all four precious metals began to move higher in unison, but all got capped the moment that London opened for trading an hour later. And as I hit the ‘send’ button on this morning’s column at 5:18 a.m. EDT, gold is back below Monday’s close by a few bucks, platinum is up a bit over a percent, and palladium is up a few bucks. But silver is struggling higher, as it appears that the sellers of last resort are throwing everything they can at the price. It was up over 40 cents at one point, but is now up only about 22 cents. Volumes have really blow out. Gold volume has now doubled since London opened, and is now a bit north of 36,000 contracts. The same can be said for silver, as the volume is now a whopping 18,000 contracts. I can tell by looking at the numbers on the CME’s website, that it’s almost all of the high-frequency trading variety, so it’s obvious that these rallies are destined to go nowhere for the moment. I will be more than interested in seeing what the price action is like once New York starts to trade but, for the moment, JPMorgan’s high-frequency traders are in complete control. See you tomorrow. Platinum and palladium were dancing to their own music yesterday, as they usually do, and here are their charts. Rub Elbows with Dr. Ron Paul, Doug Casey, and 24 Other Renowned Economic and Investment Experts We all know the value of networking when it comes to our careers. But it can be even more valuable to your portfolio. You can see for yourself at the Casey Research 3 Days With Casey Summit, to be held October 4-6 in beautiful Tucson, Arizona. Attend and you might run in to Dr. Ron Paul, who’s delivering the keynote address. Like many of the speakers, he plans to stick around for the entire three days (the Summit is that important). Or perhaps you’ll want to rub elbows with legendary contrarian investor Doug Casey… natural resource speculator extraordinaire Rick Rule… Solari Report Publisher Catherine Austin Fitts… Obamacare expert Dr. Elizabeth Vliet… or any of the other 21 financial and investment experts at the 3 Days With Casey Summit speakers. Click now for a comprehensive speakers list. Please don’t miss this rare opportunity meet and talk with some of the world’s foremost economic and investment experts. Seats are selling fast, so you need to reserve your spot now.
Abolish the Federal Reserve. The United States of America is not what it used to be. Unsustainable mountains of debt, continuous meddling by the government and Fed to “stimulate the economy,” and the US dollar’s dwindling status as the world’s reserve currency are very real threats to Americans’ standard of living. Here are some opinions from the recently concluded Casey Research Fall Summit on the state of the state and how to fix it. Marc Victor, a criminal defense attorney from Arizona and a staunch liberty advocate, says there’s really no such thing as “the state”—“it’s just some people bossing other people around.” Not everyone wants to fix things, he says; the bosses like the status quo. For example, aside from drug lords, DEA agents are the ones benefiting most from the “War on Drugs.” Victor believes that democracy and freedom are incompatible, since “democracy is majority rule, and freedom is self-rule.” If you want to bring true freedom to America, he says, winning hearts and minds is the only way to reboot this country and create a free society. Paul Rosenberg, adventure capitalist, Casey Research contributor, and editor of “A Free Man’s Take,” views America’s future similarly. He thinks the United States is in a state of entropy. The bad news, says Rosenberg, is that there will be no revolution. The good news is that the peak of citizens’ obedience to the state is behind us, and people are getting fed up with the government’s shenanigans. Real change is slow, he says, so we must work persistently to create a better world. Stephen Moore, chief economist at the Heritage Foundation, says the problem is liberal economic policy: Red states in the US, he says, have blown away blue states in job creation since 1990. Texas alone accounts for the entire net growth of the US economy over the past five years. As another proof point in favor of a free-market economy, Moore emphasizes that both Obama and Reagan took office during terrible economic times. While Obama has raised taxes and instituted Obamacare, Reagan cut taxes and regulation. As a result, the Reagan economic recovery was almost twice as robust as the Obama “recovery.” One of the US’s biggest problems, says Moore, is that companies can’t reinvest profits because dividend, capital gains, and income taxes all have increased under Obama. Corporate taxes in the rest of the world have dramatically declined in the last 25 years, but in the US, they haven’t budged. The average corporate tax rate around the world is 24%—in the US, it’s 38%. Overall, though, Moore is bullish on the US economy. American companies, he says, are the best-run in the world, if only the US government would adopt less economically destructive policies. Doug Casey, chairman of Casey Research, legendary speculator, and best-selling financial author, isn’t so optimistic. First of all, he says, we’re in the Greater Depression right now, which began in 2008. He fears it’s too late to repair America, but says if anyone would attempt to do so, the following seven-step program would help: Allow the collapse of “zombie companies” (companies that are only being held up by government handouts and other cash infusions). Abolish all regulatory agencies. Cut the size of the military by at least 90%. Eliminate the income tax. Sell all US government assets. Default on the national debt. Of course, says Casey, that’s not going to happen, so individual investors shouldn’t hope for a political solution or waste their time and money trying to stop the inevitable collapse of the US economy. The only way to save yourself and your assets is to internationalize. He recommends owning significant assets outside your home country: for example, by buying foreign real estate. You should also buy and store gold, “the only financial asset that’s not simultaneously someone else’s liability.” Casey’s suggestions include going short bubbles that are about to burst (like Japanese bonds denominated in yen), selling expensive assets like collectible cars and expensive real estate in major cities, as well as looking toward places like Africa as contrarian investment opportunities. Nick Giambruno, senior editor of International Man, agrees that internationalizing your wealth—and yourself—is the most prudent way to go for today’s high-net-worth investors. It ensures that “no single government can control your destiny,” and that you put your money, business, and yourself where they are treated best. You should internationalize each of these six aspects of your life, says Giambruno: our assets; your citizenship; your income/business; your legal residency; your lifestyle residency; and your digital presence. Regarding your assets, you can find better capitalized, more liquid banks abroad, and using international brokerage accounts can provide you access to new investment markets. To hear all of Nick Giambruno’s detailed tips on how to go global, as well as every single presentation of the Summit, order your 26+-hour Summit Audio Collection now. It’s available in CD and/or MP3 format. Learn more here.
The disabled head of a disability charity has been criticised by the charities watchdog after a full-page photograph of her was used – with her permission – in the Conservative party’s election manifesto.Ruth Owen, chief executive of Whizz-Kidz, is pictured in her wheelchair on page 44 of the manifesto, contravening strict rules on charities supporting particular political parties.The charity – which supports young disabled people to access the right mobility equipment – has defended her actions, arguing that she was not named in the manifesto and was appearing only as an “anonymous” disabled person and not as a representative of Whizz-Kidz.Owen was recognised with an OBE in the Queen’s birthday honours in 2012, but she insists that her appearance in the Tory manifesto (pictured) does not signify support for the party.The Charity Commission has now spoken to Whizz-Kidz about the photograph, after the picture was drawn to its attention by Disability News Service.A Charity Commission spokeswoman said: “The charity has explained that Ruth Owen agreed for her photograph to appear in the manifesto as a private individual, on the basis that her name would not be included, and the charity would not be named.“We have advised the charity that, given the profile of Ruth Owen and of the charity, the inclusion of her photograph could potentially give rise to the impression that the charity has associated itself with or endorses a political party.“That would run counter to our guidance on campaigning and political activity, which makes clear that a charity must not give its support to any one political party and trustees must ensure perceptions of their independence are not adversely affected.“All charities must ensure that their independence is maintained, and perceptions of independence are not adversely affected. “As charity regulator we expect charity trustees to take account of this fundamental requirement as a core part of their decision-making processes.“We have sent the charity a reminder of our guidance and explained that this needs to be brought to the attention of the trustees.”The case has parallels with an investigation carried out by the commission after the last election in 2010.That complaint involved Debbie Scott, the chief executive of the employment charity Tomorrow’s People, whose full-page photograph – and comments – appeared in the Conservative manifesto.A report published by the commission following its investigation warned other charities: “Contributing to an election manifesto or any party political publication would have the inevitable result of providing or encouraging support for a particular political party, or at the very least, the perception of doing so.“As a charity cannot support or encourage support for any political party, the Commission is unable to see how a charity could demonstrate that it had sufficiently considered and managed all the risks arising from a decision to contribute to an election manifesto or party political publication.”A Whizz-Kidz spokesman said that Owen appeared only as “an anonymous member of the public; a female wheelchair-user”.He said: “When asked if she could have her photograph taken, it was under the assurance that neither her name, title, nor the organisation she works for would be cited. She was also informed she could keep the images for her own use.”He said that Owen was “not endorsing the Conservative Party by appearing in the image, nor – as demonstrated by an absence of comment, quote or recognition of the charity – is Whizz-Kidz”.He said Whizz-Kidz worked “across the political spectrum”, and in the last 12 months had presented a fundraising award to Ed Balls, Labour’s shadow chancellor, and was involved in a fundraiser at Everton Football Club for shadow health secretary Andy Burnham’s own fund-raising marathon.He added: “In the past, we have sponsored the all-party parliamentary group for wheelchair reform, chaired by a Liberal Democrat MP; and we regularly hold fringe events at both the Labour and Conservative party conferences, as well as other parliamentary events with a range of MPs – giving disabled youngsters and their parents the chance to speak for themselves.”Owen has so far failed to say whether she was aware of the Charity Commission rules governing such situations when she agreed to the picture, and whether she will apologise for her decision to appear in the manifesto.
Reviewed by James Ives, M.Psych. (Editor)Oct 22 2018Takeda Pharmaceutical Company Limited today announced that intracranial efficacy data from the Phase 3 ALTA-1L (ALK in Lung Cancer Trial of BrigAtinib in 1st Line) trial showed improved intracranial progression-free survival (PFS) and intracranial objective response rate (ORR) with ALUNBRIG (brigatinib) compared to crizotinib among anaplastic lymphoma kinase-positive (ALK+) non-small cell lung cancer (NSCLC) patients. Data for these secondary endpoints will be presented in a poster discussion at the European Society for Medical Oncology (ESMO) 2018 Congress on Friday, October 19 at 2:00 p.m. CET in Munich, Germany. These results further support ALUNBRIG as a potential treatment for adults with ALK+ locally advanced or metastatic NSCLC who had not received a prior ALK inhibitor. ALUNBRIG is currently not approved as first-line therapy for advanced ALK+ NSCLC.”ALK+ NSCLC often spreads to the brain, so having options that can clearly demonstrate efficacy both in the brain and systemically is important for physicians and their patients,” said Sanjay Popat, PhD, FRCP, Medical Oncologist, Royal Marsden Hospital. “The ALTA-1L trial showed that treatment with brigatinib significantly delayed progression of disease in the brain compared to crizotinib, and we look forward to sharing the clinical evidence with the medical community at ESMO.”In the first interim analysis of the ALTA-1L trial, intracranial PFS was significantly improved with ALUNBRIG compared to crizotinib in the Intention to Treat population (ITT) (Hazard ratio [HR]: 0.42, 95% confidence interval [CI]: 0.24−0.70; log-rank P=0.0006) and the population with baseline brain metastases (HR: 0.27, 95% CI: 0.13−0.54; log-rank P<0.0001). Among patients with brain metastases at baseline, ALUNBRIG reduced the risk of progression in the brain or death by 73 percent. Intracranial PFS in patients without brain metastases at baseline is not yet mature as of this first interim analysis.Treatment with ALUNBRIG also demonstrated an improved intracranial ORR compared to crizotinib. For patients with measurable brain metastases at baseline, 78 percent achieved confirmed intracranial OR in the ALUNBRIG arm versus 29 percent in the crizotinib arm. For patients with non-measurable brain metastases at baseline, 67 percent achieved confirmed intracranial OR in the ALUNBRIG arm versus 17 percent in the crizotinib arm.Related StoriesSugary drinks linked to cancer finds studyStudy reveals link between inflammatory diet and colorectal cancer riskUsing machine learning algorithm to accurately diagnose breast cancerIn addition, ALUNBRIG significantly delayed both central nervous system (CNS) progression (without prior systemic progression) and systemic progression (without prior CNS progression) compared to crizotinib. Baseline factors related to the CNS, such as the proportion of patients with baseline brain metastases, mean number of brain metastases, and prior brain radiotherapy, including type, were balanced among patients in the two study arms. The safety profile associated with ALUNBRIG in the ALTA-1L trial was generally consistent with the existing U.S. prescribing information."CNS disease presents a significant burden for patients with ALK+ NSCLC," said David Kerstein, MD, Global Clinical Lead for Brigatinib and Lung Cancer Clinical Portfolio Strategy Lead, Takeda. "These additional intracranial efficacy results from the ALTA-1L trial build upon activity previously reported with ALUNBRIG in patients with brain metastases in the post-crizotinib setting and demonstrate Takeda's dedication to research that aims to improve outcomes for those living with this serious disease."These data build on results recently presented during the Presidential Symposium at the International Association for the Study of Lung Cancer (IASLC) 19th World Conference on Lung Cancer (WCLC), which showed that treatment with ALUNBRIG resulted in superior PFS compared to crizotinib as assessed by a blinded independent review committee, corresponding to a 51 percent reduction in the risk of disease progression or death (HR: 0.49, 95% CI: 0.33−0.74]; log-rank P=0.0007).Grade 3 to 5 treatment-emergent adverse events occurred in 61% of the patients in the brigatinib arm and 55% of the patients in the crizotinib arm. Most common grade 3 or greater treatment-emergent adverse events for brigatinib were increased blood creatine phosphokinase (16%), increased lipase (13%), hypertension (10%), and increased amylase (5%); and for crizotinib were increased alanine aminotransferase (9%), increased aspartate aminotransferase (6%), and increased lipase (5%). Source:https://www.takeda.com/newsroom/newsreleases/2018/takeda-to-present-results-from-phase-3-alta-1l-trial-highlighting-intracranial-efficacy-of-alunbrig-brigatinib-versus-crizotinib-in-first-line-advanced-alk-non-small-cell-lung-cancer/
Source:https://www.global.hokudai.ac.jp/blog/new-hope-for-treating-reduced-exercise-capacity-caused-by-heart-failure/ Reviewed by James Ives, M.Psych. (Editor)Mar 4 2019A group of Hokkaido University scientists and collaborators have developed a method that could be used to treat heart failure patients whose exercise capacity has been impaired.The finding is expected to help develop drugs that enable such patients to regain exercise capacity and improve their prognosis. The procedure was carried out on mice and involves administering a protein essential to growth and maintenance of the nervous system. Previously, exercise training was considered the only way to treat such a reduced exercise capacity.For patients suffering from heart failure, reduced exercise capacity is closely connected to poor prognosis, and is known to be induced by skeletal muscle abnormalities, including mitochondrial dysfunction. Although exercise training is the sole treatment method, patients with severe symptoms and limited physical capacity often are unable to do sufficient training. Consequently, developing drugs that can substitute exercise is considered essential.Related StoriesStroke should be treated 15 minutes earlier to save lives, study suggestsImplanted device uses microcurrent to exercise heart muscle in cardiomyopathy patientsLiver fat biomarker levels linked with metabolic health benefits of exercise, study findsBrain-derived neurotrophic factor (BDNF), a protein found in large quantities in the brain, is known to contribute to the growth and maintenance of the nervous system. BDNF also has been found to increase in blood and skeletal muscles after exercise. The research group, including Shintaro Kinugawa, a lecturer at Hokkaido University’s Department of Cardiovascular Medicine, previously found heart failure patients have reduced amounts of BDNF in their blood, which correlates with their exercise capacity and prognosis.The team hypothesized that the administration of BDNF would improve patients’ exercise capacity and skeletal muscle mitochondrial dysfunction. This hypothesis was tested by inducing heart failure in model mice by binding the left coronary artery with a thread. These mice were compared with control mice that went through a sham operation. Two weeks later, the model and control mice were tested for heart and exercise functions as well as mitochondrial functions. The researchers also used a separate group of model mice that were administered solution with or without recombinant human BDNF (rhBDNF) two weeks after their induced heart failure.Two weeks after the induced heart failure, the model mice’s exercise capacity dropped to 40 percent of the control mice, exhibiting a lowered function of skeletal muscle mitochondria. Model mice administered with rhBDNF significantly recovered their exercise capacity, roughly up to 70 percent of those in control mice, also significantly improving the function of skeletal muscle mitochondria.”At a time when an increasing number of people are suffering from heart failure, these findings could eventually lead to this method being adopted for clinical use.” Dr. Kinugawa stated. “Furthermore, the results could be applied to treat diabetes and other chronic diseases, as their reduced exercise capacity is linked to skeletal muscle mitochondria abnormalities.”
Published on SHARE SHARE EMAIL COMMENT No alliance with Congress in Delhi: AAP SHARE RELATED VALUE FOR MONEYIs the Opposition shooting itself in the foot? Congress still mulling alliance with AAP March 25, 2019 political development Elections 2019 alliances and coalition Stitching up alliances, a challenge for Congress File photo of Rahul Gandhi, President of Congress party – REUTERS Delhi Congress President Sheila Dikshit and other leaders of the unit on Monday discussed the possibility of an alliance with the AAP for the Lok Sabha elections in the city in a meeting with party chief Rahul Gandhi.The opinion remained divided on the issue and everyone in the meeting was unanimous that Gandhi should take a final call on it in the larger interest of the party, said a participant of the meeting.Sources said four former Delhi Congress presidents — Ajay Maken, Subhash Chopra, Tajdar Babar and Arvinder Singh Lovely — favoured an alliance with the Aam Aadmi Party in Delhi.“AICC in-charge of Delhi Congress PC Chacko also handed over signed letters of 12 district Congress presidents, leaders of the party and councillors in three municipal corporation, in favour of the alliance to Gandhi,” they said.“Delhi Congress president Sheila Dikshit and three working presidents Devender Yadav, Rajesh Lilothia, and Haroon Yusuf maintained their stand against the alliance,” sources said.The AAP has been seeking an alliance with the Congress in Delhi but the grand old party has not made its stand clear on the possible tie-up. However, after getting no clear response from the Congress, the AAP declared its last candidate in Delhi for the Lok Sabha polls, with a senior leader saying the announcement was made seeing the Congress’ “irresponsible and indecisive” attitude towards the alliance.Delhi Chief Minister and AAP national convenor Arvind Kejriwal had also said internal surveys have indicated that the AAP is capable of winning all seven seats in Delhi on its own and it does not require an alliance with the Congress in Delhi. However, the Congress and the AAP last Tuesday made fresh efforts with the help of NCP chief Sharad Pawar to forge an alliance in Delhi for the polls.Sources said last week AAP made a fresh bid to forge an alliance with the Congress in Punjab, Haryana and Delhi, with the former demanding five seats in the national capital. However, shortly after the meeting Kejriwal said that the Congress has refused to form an alliance with the AAP in Delhi and the two parties are not in talks with each other. New Delhi COMMENTS AAP, Congress to resume dialogue on alliance?
COMMENT April 01, 2019 The Confederation of All India Traders (CAIT) on Sunday submitted its suggestions on the draft e-commerce policy to the Government. The traders’ body stressed on the need for a quasi-judicial or judicial body with adjudication and enforcement authority to put the policy into effect. The CAIT further reiterated its demand that the cash on delivery (CoD) mode of payment for e-commerce players must be scrapped. It further called for central registration of every e-commerce player indulging in business through any form of digital mode. “The Government is unaware about the numbers of e-commerce entities working in the country and therefore it is most necessary that a compulsory central registration system should be in place,” a press release from CAIT stated. SHARE COMMENTS Published on e commerce policy SHARE SHARE EMAIL
Virender Sehwag’s wife Aarti accuses business partners of forging sign to take Rs 4.5 crore loanAarti Sehwag said her business partners influenced creditors by using Virender Sehwag’s name and later forged her signatures on an agreement.advertisement India Today Web Desk New DelhiJuly 13, 2019UPDATED: July 13, 2019 11:32 IST Aarti Sehwag with her husband Virender Sehwag. (Photo:Twitter\Aarti Sehwag)HIGHLIGHTSAarti Sehwag has accused eight persons of taking loan without her knowledgeAarti has said the accused influenced creditors by using her husband Virender Sehwag’s nameAarti Sehwag is a partner in an agro-based companyFormer Indian cricketer Virender Sehwag’s wife has filed a cheating case against her business partners.In her complaint to the police last month, Aarti Sehwag alleged that her business partners forged her signature to take a loan of Rs 4.5 crore from another firm and later defaulted on the payment.”The accused persons approached the creditors without any consent and knowledge of the complainant … and availed loan of Rs 4.5 crore from them,” Aarti alleged.She said the accused influenced the creditors by using her husband Virender Sehwag’s name and later forged her signatures on the tripartite agreement.Two postdated cheques were issued to the creditors. The firm later failed to pay back the loan amount.”Due to the default, the creditors invoked the arbitration clause and filed a complaint in the court. During the proceeding, it was shocking for the complainant to see her signature and partite agreement, which she had never signed,” it added.Based on Aarti’s complaint, the police has registered an FIR against the accused under Sections 420 (cheating and dishonestly), 468 (forgery), 471 (using as genuine a forged document) and 34 (common intention) of the Indian Penal Code.Virender and Aarti got married in 2004.(With inputs from ANI)READ | Former Arunachal Pradesh CM booked on charges of corruption, cheatingWATCH | FIR against Himachal Pradesh Cricket AssociationFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySumeda Tags :Follow Aarti SehwagFollow Virender Sehwag Next