All posts by Alan B. Zibluk

The Markethive Vault – Unlock Your Potential Chinese

ツ暗ェツ氾环催ツ団ツ法ツ人

 

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营销和工程天才和远见卓识,首席执行官Thomas Prendergast和首席技术官Douglas Yates以及他的团队正在为钱包安装奠定最后的基础-Markethive Vault。

Vault是您的新银行帐户,也将用更有效和有益的系统取代当前的支付中心。 这将使您的所有购买和升级更易于管理,为您提供奖励并创建一个新的令牌类别,比作一个名为Markethive Ad Credits的stablecoin,通过每月支付给您的折扣和利息来奖励节俭和储蓄。

 

保险库持有Markethive广告积分和MHV硬币。 它将支付您的门槛金额,您存入金库的MHV硬币和您的硬币夹余额的利息。 它也将是支付**服务的来源。 您将能够通过信用卡和比特币自动或手动资金。 自动付款可以安排保持最低余额,以确保每月有偿服务,如企业家升级顺利运行。

 

除了支付利息之外,您的保险库中的余额越高,您的Hive排名就越高。 更高的蜂巢排名将解锁额外的横幅和一个新的服务Markethive在不久的将来推出,视频节目,在那里你支付观看视频。

 

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有哪些服务?

我指的**服务是激励贷款计划,企业家升级和SNAP部门,现在可用。 这也将包括视频广告,新闻稿,升压广告,事实上,在适当的时候所有的服务。

 

激励贷款计划和企业家升级:

ILP ™ 完全和完全符合监管和UCC代码,这意味着它不是安全。 激励贷款计划是一种贷款。 您选择贷款Markethive的金额没有限制。

 

最好的部分是即使是小投资者可以通过每月100美元的企业家计划参与。 这将使您每12个月持续为该计划贡献一份ILP的十分之一份额。 这是重要的,因为ILP将像比特币一样,因为它将能够分解为satoshis或bit,即:1百万分之一的令牌。 所以1个完整的ILP等于1百万ILP令牌或satoshis。 更多关于这在即将到来的文章.

 

这使Markethive能够在ILP上进行赏金,奖励和交易。 ILP和企业家忠诚度计划只是把这个强大的Markethive引擎变成摇钱树。

 

此外,参加Entrepreneur One忠诚度计划可以解锁即将到来的商务中心和门户网站,横幅广告计划等,并为您的每个转介到Markethive提供匹配的MHV硬币奖金。

 

ツ环板DEPARTMENTョツ嘉ッ

S.N.A.P是社交网络自动海报系统的首字母缩写。 这项服务是一个插件到你的WordPress网站,并会自动发布您的文章和博客和您订阅的博客,所有的社交媒体和博客平台。 这给你令人难以置信的复盖面,使您能够在线建立您的品牌知名度和存在。

 

此外,Snap部门将成为一家广告公司,将包括

 

工作人员作家写文章或一系列的自动应答电子邮件为您服务。

设计师做横幅广告,图像和标志

研究部门为您进行市场营销研究

专业人士设计和设置您的word新闻网站

一个成熟的广告公司,其中包括文案,直接营销,消费者营销,响应营销,博客铸造,WordPress的发展,捕获页面开发等。

 

Markethive正在成为一家媒体公司。

 

 

它是重要的是要注意Markethive不是传销或附属公司,它是一个转介公司。 所以免费会员也可以通过只提到只有三个人将激活水龙头或小额支付和蜂巢排名大大受益. 这意味着你不必在系统中花费任何钱。 只需构建它并获得奖励。

 

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上面的图片是它将如何工作的一个例子

 

 

 

蜂巢排名如何贡献?

蜂巢排名负责奖金,赏金和收入的增加。 这意味着您将从水龙头获得更多的收入。 如果你是一个企业家升级你得到你的匹配奖金增加。 它也将负责当天的皇家蜜蜂,为您提供当天的额外奖励。 蜂巢排名也在您在保险库中earn取的利息中起着重要作用。 您的蜂巢排名越高,支付给您的利息越多。

 

 

保险库的驱动力

保险库是Markethive广告学分将举行的地方。 广告信用类似于一个稳定的硬币。 一个Markethive信用=美元$1. 您将支付100Markethive广告积分,而不是每月支付100美元的企业家升级计划。 这些积分可以通过比特币或信用卡通过保险库购买。 实际上,您能支付任何通过保险库such如横幅节目,SNAP安装,新闻发布,和被赞助的文章和更多因为这些服务被实施和被介绍入Markethive系统。

 

此外,您可以将Markethive硬币(MHV)存入保险库,您将获得高达5%的MHV复利,将其滚回保险库并积累。 此金库积分可用于购买Ilp或企业家升级。 通过将其放回系统,Markethive正在为您的Markethive硬币提供更多价值,并为您支付利息,类似于投注。

 

 

什么是跑马圈地?

投注只是代表在您的钱包中持有一个固定的时间,在这种情况下,Markethive Vault,然后earning取利息。 投注你持有的硬币是一个相对简单的方法来earn取更多的硬币。 一个人从跑马圈地获得的奖励取决于时间和蜂巢排名的长度。 因此,它将有利于你保持它以上的阈值以及越来越多的蜂巢排名,使您能够earn取利息的最高金额. 如果您低于阈值,保管库将通知您。

 

所以现在有3种类型的货币在Markethive。 Markethive硬币,(MHV)ILP令牌以及Markethive广告积分,这些积分总是相当于您购买产品和服务的1美元。 所以一旦我们在交易所和钱包启动,信用就是购买服务的原因。 你拥有的MHV硬币的数量决定了支付的利息。

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通过购买Markethive硬币并将其银行放在保险库中,您基本上是在燃烧硬币,这是一件好事,正如本文中关于Markethive如何创建硬币速度的解释。 有许多方法可以燃烧加密硬币,这对硬币的财富和健康有利。 在这种情况下,烧掉Markethive硬币意味着将硬币从市场中拉出并将其放置或保存在金库中,因此供应量较少。 供应越少需求越大,这反过来又增加了硬币的价格。

 

保管库是在添加钱包之前设计和实施的。 当钱包完成并推出时,Markethive硬币的真实价值将实现。 一旦钱包被激活,Markethive广告积分和MHV硬币可以购买并转移到保险库。 所以这就像一个网上银行系统。 这是一个有利息的储蓄账户

 

它也改变了您支付订阅的方式。 每月订阅从保管库中的阈值中扣除。 您的信用卡将被扣除并存入您的金库门槛,以您选择维持所选门槛的金额和扣除的付款。 这也消除了直接信用卡付款和银行阻止您的交易所造成的问题。

 

 

 

现在情况如何

现在已经将保险库的主要方面安装到Markethive平台上。 Vault图标可以在您的Markethive页面的标题上看到,在Hive排名符号旁边。 点击它会带你到保险库页面。 这是Markethive钱包,ILP的基础,事实上,整个系统。 我们现在非常接近启动我们生态系统的核心。

 

请记住,你越使用保险库的利率越高。 您使用的系统越多,利率越高。 对股份利息进行评分的四个方面是蜂巢排名,硬币剪辑得分,忠诚度级别和出席奖金。 此外,您的金库余额和硬币夹余额将支付总利息,并在每个月底支付总利息。

 

 

ツ环板Servicesョツ嘉ッ

支付中心正在被一个更先进,更有效和有益的系统所取代,称为Vault。 这使您的购买和每月订阅更易于管理,并且还创建了一个名为Markethive Ad Credits的新交易所类别。 它会奖励你的节俭,并使用它作为一个银行帐户将为您earn取折扣和每月利息。 本月利息已经支付,您将在您的付款设置中看到额外的MHV。

 

Vault声明就像一个银行对账单,其中记录了所有的Vault活动,如购买,门槛,资金,利息,赏金,自动转账等。 这可以在您的Markethive帐户的保管库部分中查看,并导出,保存和打印为您的记录。

 

跳马乘数现在是活跃的,其中的乐趣开始。 玩HI/LO游戏,并增加你的硬币夹MHVs的量高达1000倍.有一个0%房子边缘,这意味着neither不Markethive或自己有任何内置的数学优势,从长远来看. 所有卷都可以证明是公平的,所以没有办法改变结果。

 

https://markethive.net/wp-content/uploads/MARKETHIVE.ARTICLES/THE.VAULT/The-Vault-Multiplier-Game.png

 

 

Vault订阅让您可以完全控制每月或每年订阅的所有忠诚度计划。 您可以创建新的,更新信用卡,用比特币支付,暂停或取消等等。

 

Vault原理图是我们剖析,说明和编辑Vault Gauge图标的许多方面(在页面标题中看到)的地方。 所以,你知道你的帐户的健康状况一目了然。

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Feed The Vault-在这里您可以购买Markethive广告积分并将其存储在您的vault中,以支付您每月或每年的忠诚度计划,新闻稿,横幅广告或任何其他可用于Markethive会员的广告计划。 请记住您使用保险库的次数越多,支付给您的利息百分比就越高。

 

 

https://markethive.net/wp-content/uploads/MARKETHIVE.ARTICLES/THE.VAULT/Feed-the-Vault.png

 

如上所述,Vault的基本原理现在可以在Markethive平台上查看,但是,仍然有一些调整正在完成,当然,我们的工程师现在正在努力让钱包准备好所有系统去!

 

 

未来是光明的Markethive和你。 这是确保Markethive生态系统的长期可持续性的巧妙方式,同时MHV硬币不可避免地增加价值,确保您在Markethive及其他领域的成功和繁荣。 敬请关注所有的更新,因为他们来手。 请参加由首席执行官托马斯*普伦德加斯特(Thomas Prendergast)和首席技术官道格拉斯*耶茨(Douglas Yates)主持的每周现场会议,了解所有令人振奋的新闻和信息。 您可以在markethive主页顶部的"日历"菜单中找到与Markethive Zoom Room的日期、时间和链接。 那里见!

 

要加入Markethive免费点击下面的图片:

COVID-19 has profound impact on US jobs which declined over 700000

COVID-19 has profound impact on U.S. jobs which declined over 700,000

The long-awaited U.S. labor department’s jobs report was released today indicating that employment in the United States declined by 701,000 individuals last month. Along with payrolls declining by over 700,000 which was 600,000 above the estimate provided by economists which predicted 100,000 jobs would be lost last month, the jobless rate rose to 4.4%. The last time the unemployment rate was as high was back in 2017.

The numbers released is not what market participants fear the most it’s the fact that these numbers are expected to jump even higher next month. According to Bloomberg economics they believe that the rate will rise to 15%, they also reported that James Bullard the president of the Federal Bank of St. Louis said that this number might be as high as 30% this quarter.

Bloomberg economics also reported that the reason for the anticipated dramatic rise is that the numbers presented today all our already outdated because they reference a. Based on the 12th of the month which didn’t include nearly 10 million people who have filed for unemployment benefits in the last two weeks alone.

In other words, today’s numbers provided by the Labor Department are simply the tip of the iceberg. The coronavirus has affected economies across the entire globe and every industry, until a vaccine is created or the number of new cases begins to decline, we can expect this scenario to only magnify to a larger scale.

The number of cases of individuals who have contracted the coronavirus has now exceeded 1 million globally. The death toll has also risen to over 53,000 people worldwide, with 211,000 recovering from the most devastating pandemic crisis of recent history.

Recent data now confirms that 245,000 individuals have contracted the disease in the United States, this according to Johns Hopkins University. The University draws its information from a combination of data sources such as the World Health Organization, governments and media.

While this is definitively the largest factor which has turn market sentiment extremely bearish towards the equities markets, it is also turned market sentiment extremely bullish for the safe haven asset group with gold rising once again this week.

As of 5:30 PM EST gold futures basis the most active June Comex contract is currently up $11.10 and fixed at $1648.80. This while the other precious metals (platinum, palladium and silver) are trading lower on the day. The other precious metals are heavily used in industry and therefore affected by the recent major correction in U.S. equities. We can expect gold to continue to rise if this current pandemic continues to devastate economies globally.

Wishing you as always good trading,
 

By Gary Wagner

Best time for gold prices will be April-June: BNP Paribas

Best time for gold prices will be April-June: BNP Paribas

Gold will see its best 2020 quarter this spring, but prices will peak just below $1,700 an ounce, according to BNP Paribas.

Even though the COVID-19 outbreak has forced BNP Paribas to revise up its 2020 gold price by nearly $100, it still sees the precious metal topping at $1,675 an ounce this year.

The price forecast is quite conservative, with gold averaging $1,675 in Q2, $1,610 in Q3 and then declining further to $1,550 in Q4. And in 2021, BNP Paribas projects a mere average of $1,500 an ounce.

“We have conservatively revised our positive gold price forecasts issued on 19 March, and now see gold averaging USD1610/oz (USD+90/oz) in 2020,” French international banking group said. “In 2021, on our view that economic conditions will progressively return to normal and inflationary pressures will remain subdued, we see gold averaging lower, at USD1500/oz.”

At the same time, BNP Paribas highlighted that gold will continue to appeal to investors looking for safety during such uncertain times. Increased demand will also remain strong as investors fret over a global economic slowdown triggered by all the COVID-19 shutdowns.

“The recessionary fallout of the COVID-19 outbreak on the global economy suggests investors are likely to continue to seek refuge in gold,” said BNP Paribas commodities economist Harry Tchilinguirian and head of macro quantitative and derivatives strategy Michael Sneyd.

Also, the massive quantitive easing by global central banks and the unprecedented fiscal stimulus boost the incentive to hold gold.

“With the Federal Reserve moving its policy rate to the lower bound and turning to unlimited quantitative easing, and other banks taking similar action, we expect real rates to remain in negative territory as nominal yields are suppressed. This raises the incentive to hold gold, particularly in such an uncertain economic environment,” Tchilinguirian and Sneyd wrote on Monday.

Two significant elements capping gold’s gains going forward will be the U.S. dollar and more margin-call selling as people flock to cash during the coronavirus panic.

“A rise in the price of gold will be challenged by U.S. dollar strength in the short term, stemming from recent stress in USD funding and dislocations in credit markets that have led to the hoarding of cash,” the economists said. “In addition, gold’s role as a hedge in investor portfolios will be put to use in the case of losses in other asset classes, such as a strong correction in equity markets.”

 

By Anna Golubova
For Kitco News

 

COVID-19 continues to pressure global equities lower as it supports gold

COVID-19 continues to pressure global equities lower, as it supports gold

Within the extreme carnage in the U.S. equities markets, both gold futures and spot pricing remained in an upswing. Although any rise within both of those precious metals were tepid at best and also affected by a stronger U.S. dollar that gained value since hitting it’s low on Friday. After the U.S. dollar traded to a high of above 103 on the dollar index it had five consecutive days in which it traded lower, with Friday containing the lowest low since the week of March 9th when it traded at approximately 95 on the index.

Now that the first quarter of 2020 has completed, economic analysts have revealed that both the Dow Jones industrial average as well as the Standard & Poor’s 500 had their worst quarter in history. The common belief now is that market participants believe that the breath and scope of the current COVID-19 will get much worse and affect more global citizens than it already has.

The fact of the matter is that most countries are in essence maintaining a lockdown and a practice of social distance as the majority of venues such as restaurants, bars, concerts and movies have either been temporary halted or in the case of restaurants only serve food to be taken out. Although global measures have been taken to slow down the decline of this virus as it spreads throughout the world the pandemic to grow in terms of reported cases and reported deaths.

According to the website worldometers.info/coronavirus, to date there have been 932,760 confirmed cases of the contagious disease worldwide, however of those reported cases 656,554, or 95% of the cases are considered in mild condition, and 5% are considered in serious or critical condition. The number of deaths has now risen to 46,840. The site also contains information on recovered individuals from the virus and puts that number at 193,891. This breaks down to closed cases of 240,731 and active cases at 692,029.

One component of the numbers of contracted cases is that the United States has moved into the uncharted position of number one, with the total cases reported in the United States now at 212,980. The death toll on the US has now grown to 24,450. There are only two countries that have reported more total new deaths than the United States which is Italy reporting 727 new deaths today, and Spain reporting that an additional 923 people have died in their country due to contracting the virus.

While this terrible pandemic which has spread worldwide at this point continues to put pressure on US and global equities, we have not seen a similar negative correlation with gold pricing. While it is true the both gold and silver have risen last month, with gold actually testing and breaking $1700 per ounce, and challenging that elusive price point on three occasions.

On a technical basis our studies indicate that during this morning’s New York futures trading hours gold opened and closed below its 50-day moving average. However, that changed once trading began in Australia this morning and currently June 2020 gold futures are fixed at $1606.50 which is a net increase of $15.10 on this day. The data cited in this report on global equities, the precious metals, and most importantly the continuing growth of the COVID-19 continuing to spread. This suggests that until a vaccine is created which could take as long as 12 to 18 months, we could see a continuing of pressure on U.S. equities and safe haven assets such as gold move back into a solid rally mode.

 

Wishing you as always good trading,

 

By Gary Wagner

Market forces move gold lower

Market forces move gold lower

While we have gold, prices come under substantial pressure over the last two weeks it had still managed to hold above key level of $1600 per ounce. This is in conjunction with U.S. equities markets trading under great pressure as they have lost value throughout this month. According to Reuters, “Wall Street’s three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic.”

Of course, the primary issue remains the social distancing used to battle COVID – 19 (coronavirus). While many medical analysts predict that it will take up to a year or a little bit more to produce an effective method to eradicate the virus. Currently there have been 854,039 reported cases of covid-19, with 42,014 reported deaths, and 176,000 906 individuals who have recovered from the virus. Of the remainder of individuals fighting this illness off 95% are experiencing mild to moderate symptoms with 5% having severe or life-threatening effects.

Due to the fact that by no means has this contagious disease shown signs off slowing its spread, infecting more individuals globally everyday it is unlikely we will see the global economy recover just yet.

Yet oddly enough the flight to gold has either been short lived or yet to be seen.

On a technical basis gold pricing broke through its 50-day moving average in trading today. This average currently is fixed at $1599.80. Today’s lower pricing indicates very strong resistance at that price point. The next level of support would come in at $1580, with resistance at $1640

For those who would like more information simply use this link.

Wishing you as always good trading,

 

By Gary Wagner
Contributing to kitco.com

Plenty of gold sitting in ‘wrong location’ and in ‘wrong form’ Scotiabank

Plenty of gold sitting in 'wrong location' and in 'wrong form' — Scotiabank

There is no shortage of gold out there, but there are some serious "physical bottlenecks" for certain gold products that are just sitting in wrong locations, Scotiabank said in its latest update.

"If there were a major shortage of physical gold, spot gold prices would be trading at a premium to futures prices, which is not the case," Scotiabank commodity strategist Nicky Shiels said on Friday.

This past week, economists have been busy answering traders' fears regarding a shortage of physical gold and silver. The issue escalated last week when an unusually wide spread between futures and spot prices developed, with the former being much higher.

"In gold, the impact [has] shown up [in a form of] major dislocations between physical and paper, and within physical pricing. The basis/premium between COMEX and OTC/physical gold (surprisingly) widened to almost $100, at a time when that premium should be tighter and closer to zero, given the supposed physical shortage. The Gold futures curve, which historically should always remain in contango market, showed intermittent signs of flipping into backwardation (April-June spread)," Shiels described.

Economists responded by citing April futures contract expiry, lack of flights available to transport the right type of gold bars from London and closure of major refineries in Europe.

Shiels has put current production problems into perspective:

"The current disruption to gold production is tiny (around 1%); more importantly, there are ample above-ground stocks that could be enticed out at a (higher) price. There's ~90m oz. sitting in known vaults (e.g.: ETFs) with approximately 6.3bn oz. (yes billion), or 60x the annual production of gold, being held in jewelry, official sector and private investments," she noted.

"Overall physical demand is strong in 'wrong' locations* or in the 'wrong' form** while metal is sitting where it's not needed (Asia, Africa), in a situation where airlines/transportation networks are disrupted," Shiels added. "*Wrong location: supply issues/refinery shutdowns in U.S. & Europe **wrong form: demand for limited 100 oz. or 1kg (not 400 oz. bars)"

When examining recent gold price action, Shiels wrote that the yellow metal has found its post-crisis bottom sooner than expected.

"Gold has found a bottom at $1,450," the commodity strategist said. "Gold is likely bottoming earlier because of a much faster and larger policy response than markets could ever have anticipated."

The metal should be trading closer to $1,700 an ounce, she added, explaining that gold is seeing "a perfect storm" from a macro perspective, which could push prices to new record highs.

"Gold [is likely] to begin an even more bullish longer-term trajectory vs. the 2008-2013 bull run," she said. "Positioning is clearly a lot cleaner, max macro fear has dialed back from extreme levels, risk appetite in U.S. equities has returned, US$ remains somewhat capped (Feds unlimited QE and U.S. taking top virus case spot) and funding pressures have alleviated somewhat."

Going forward, gold is bound to benefit from the massive monetary and fiscal stimulus that is extremely inflationary.

"Overall, as day follows night, so inflation follows deflation, and Gold is not waiting around," Shiels said. "If (when) equity market volatility subsides, and macro fear lowers from extreme levels, prices should find another leg higher, which it is attempting to accomplish."

 

By Anna Golubova

For Kitco News

Gold edges lower as investors opt for cash amid deepening virus fears

Gold edges lower as investors opt for cash amid deepening virus fears

Gold prices edged lower on Monday as a flight to cash to cover losses in equities overshadowed measures by global central banks to contain the economic fallout from the coronavirus epidemic.

Spot gold was down 0.2% to $1,614.46 per ounce by 0346 GMT after Friday's 0.7% drop. U.S. gold futures fell 0.4% to $1,646.60 per ounce.

"The worse the situation gets the stronger the link between stocks and gold because if we see further economic deterioration that will drag gold down with the share markets," said Michael McCarthy, chief strategist at CMC Markets.

Asian shares slid and oil prices took another tumble as fears mounted the global shutdown for the virus could last for months.

The pandemic has already driven the global economy into recession and countries must respond with "very massive" spending to avoid a cascade of bankruptcies and emerging market debt defaults, the head of the International Monetary Fund warned on Friday.

The U.S. House of Representatives on Friday approved a $2.2 trillion aid package – the largest in history – to help cope with the virus-inflicted economic downturn.

The weekend brought more bad news on the virus front, with the global death toll reaching nearly 34,000. The United States has emerged as the latest epicentre, with more than 137,000 cases and 2,400 deaths.

The European Central Bank chief urged wrangling EU leaders to act more decisively to cushion the economic hit of the pandemic, three sources familiar with the matter said. Weighing on gold was a halt in the dollar's slide that came with a broader risk-averse mood, after the greenback surged amid a scramble for cash and then subsided as central banks launched unprecedented liquidity measures.

"The U.S. fiscal stimulus package is positive for the dollar and probably an element of that is coming through the moment. There is negative correlation between the dollar index and gold prices," IG Markets analyst Kyle Rodda said.

Holdings in the world's largest gold-backed exchange-traded fund, SPDR Gold Trust , rose 1.2% to 964.66 tonnes on Friday.

"I wouldn't say gold's status as safe-haven is over but if things continue to deteriorate economically it could become a funding source and that will offset its safe haven status," said CMC Markets' McCarthy.

Palladium fell 0.7% to $2,253.84 per ounce, platinum slipped 3.3% to $717.07, while silver slid 3.9% to $13.91.

 

By Asha Sistla
Monday March 30, 2020 01:37

 

Conditions are ripe for the price of gold bullion to double

Conditions are ripe for the price of gold bullion to double

Gold bullion has not done what it did during the past month since 2008.

The Midas metal GC00, +0.34% shows rapidly rising relative performance against the CRB Index as industrial commodities are crashing due to the coronavirus effect. Gold bullion is staying firm, close to a multiyear absolute high. This dynamic has caused bullion to register a relative all-time high compared with the CRB Index (see chart).

What happened to gold bullion after it registered its previous all-time high relative to the CRB in 2008? It doubled in absolute terms to peak above $1,900 in 2011 (see chart).

We have a similar environment at the moment. Interest rates have been dropped to zero at the fed funds rate level, and the federal deficit will be larger than 10% of GDP (larger than after the 2008 crisis) due to the $2 trillion bailout. Record deficit spending and the Federal Reserve’s quantitative easing (QE) with no preset limits is the perfect environment for gold bullion.

The difference with 2008 is that this is a government-mandated recession. The government has to stop the economy in order to stop the coronavirus. It’s like turning off the circuit breaker on a whole house and having backup power for part of the house only. Second-quarter GDP growth in the U.S. will be down double digits in the 20%-40% range. GDP numbers are reported on an annualized basis, so if U.S. GDP is down 10% from the prior quarter, it is reported to be down 40% on an annualized basis. Third-quarter GDP in the U.S. may be up in double digits because of the same calculation, if the U.S. government has managed to flatten the curve of the infection.

With record deficit spending and interest rates at zero, we may be faced with an environment where the Fed will keep interest rates below the level of inflation for some time until the economy normalizes after the outbreak is controlled. This would be the perfect environment for gold bullion.

Beware of other precious metals

Other major precious metals — silver, platinum and palladium — fell a lot more than gold bullion in the past month, even though they have rebounded some. This is because they are primarily used for industrial purposes; only gold bullion has the majority of it used for precious purposes like jewelry and store of value. If the government-mandated global recession is not over soon, the industrial precious metals should continue to underperform.

Of the industrial precious metals, silver is the most interesting. It is also at a record discount to gold bullion if one looks at the famous gold-silver ratio, which went to 125 at the March extreme, which is an all-time high. That means one ounce of gold could buy you 125 ounces of silver, although we have retreated some on that indicator as silver has rebounded.

Because silver is more industrial than precious, if the coronavirus recession lasts longer, it will take longer to rebound. Be that as it may, it probably offers an opportunity to investors with a two-year horizon. The silver miners exchange traded fund Global X Silver Miners SIL, -6.63% looks interesting on pullbacks, as well as the iShares Silver Trust SLV, -0.66%.

Stay away from leveraged ETFs

The March panic sell-off in the stock market serves as a painful reminder that leveraged ETFs are for short-term traders only, and not for buy-and-hold investors. Losses can cascade and get multiplied by a factor of three on a daily basis, and there will be no coming back for the leveraged investments like Direxion Junior Gold Miners Index Bull 3X Shares JNUG, -21.73% or the Direxion Gold Miners Index Bull 3X Shares NUGT, -16.02% (see chart).

On the other hand, non-leveraged ETFs of gold miners can be interesting. Both the VanEck Vectors Gold Miners ETF GDX, -5.72% and its junior-miner version GDXJ, -8.64% sold off near levels where they were when the price of gold bullion was near $1,200 an ounce.

If there ever was a case of throwing the baby out with the bath water, GDX and GDXJ would be it. But I have never believed financial markets are efficient, so this is an opportunity to use it to your advantage.

 

By Ivan Martchev
Published: March 28, 2020 at 1:54 p.m. ET

 

 

COVID-19’s toll to rattle gold prices next week as US becomes new epicenter

COVID-19's toll to rattle gold prices next week as U.S. becomes new epicenter

A massive three-day bounce in stocks has proven to be only temporary as equities tumbled Friday, once again dragging gold down with it.

One of the biggest news to drive markets next week will be that the U.S. has become the new epicenter for the COVID-19 outbreak, surpassing China and Italy with the number of people infected.

The number of cases in the U.S. surged to more than 100,000, with at least 1,500 deaths. Worldwide there are now more than 590,000 cases and at least 26,900 deaths.

"The spread of the virus will continue to be very important, especially with the U.S. becoming the epicenter now," said TD Securities commodity strategist Ryan McKay.

The world will be watching Italy to see if there will be a flattening of the curve there, McKay told Kitco News Friday.

"If we start to see a solid trend of slowing growth there, it could be a good sign that social distancing measures do indeed work and would sort of give us the timeline as to what to expect over here in North America potentially," he noted.

What makes the news of the U.S. being the new COVID-19 epicenter worrying is the extent of how the rest of the global economy relies on the U.S. market and the U.S. consumer, said Gainesville Coins precious metals expert Everett Millman.

"The fact that the Fed has to use all of its ammunition sets the stage for everywhere else in the world that easy monetary policy and stimulus measures will be the norm for at least several weeks, possibly next several months," he said.

There is still a lot of hope around the $2 trillion stimulus package, which the House passed by voice vote on Friday afternoon.

Stimulus aside however, what concerns the markets is the enormity of the economic damage to the U.S. economy.

"While the stimulus measures being rolled out around the world can mitigate the initial negative fallout from the coronavirus outbreak and help support the eventual recovery, COVID-19's economic toll could be more severe," said FXTM market analyst Han Tan.

And no matter how massive the fiscal and monetary stimulus packages will be, they are all about damage control, not growth, noted ING's Chief International Economist James Knightley. "The U.S. can only grow once the economy re-opens," he said.

U.S. jobless weekly claims were just a sneak peek of the real "data horror show" that's about to be revealed via all the other U.S. macro datasets scheduled for release starting next week, said Nomura Global Markets Research.

Thursday's jobless claims number saw a spike of more than three million, with many people getting laid off amid widespread shutdowns across the U.S.

Jobless claims remain the critical number to pay attention to next week with Capital Economics projecting a climb to five million

"Given that the jump in claims to more than three million appeared to capture only a fraction of the claims reported by some states, particularly California, we are braced for a surge to nearer five million," said Capital Economics senior U.S. economist Michael Pearce.

Friday's nonfarm payrolls data will be slightly less significant because March's survey was conducted before all major layoffs hit the U.S. "The March payroll survey was conducted in the second week of this month and therefore came too early to capture the full hit to the labor market from the pandemic," Pearce noted

Case Study: How AdamEnfroycom Got 11K Email Subscribers in 2019

Email marketing is the most direct and effective way to connect with leads, nurture them, and turn them into happy, paying customers. But you can’t just send out random emails and expect to see results. The best email campaigns start with the best lists, so building a targeted email list should be your top priority. Let’s take a look at how the combination of a lead magnet and OptinMonster’s Exit-Intent technology works for AdamEnfroy.com.

Meet AdamEnfroy.com

Adam Enfroy writes about how to scale your blog like a startup to 250,000 monthly readers at www.adamenfroy.com. He launched his blog in 2019 and started generating over $35,000/month in revenue within 9 months. He wants to teach new bloggers how to start a blog and do the same.

image1 1

Before using OptinMonster, Enfroy was testing out Mailchimp but found its opt-in forms to be lacking. They all required custom coding and didn’t have what he was looking for. At this time, Enfroy was registering about 2 email subscribers per day.

Enfroy turned to OptinMonster with the goal of growing his email list but that wasn’t all he wanted.

The end goal was to generate revenue for his 2 digital products (Backlink Blueprint and Affiliate Advantage) with the plan to launch a higher-tier video course about how to start a blog and promote it to his list.

How AdamEnfroy.com Uses OptinMonster

Enfroy uses multiple methods to reach his goals.

For starters, he uses an exit-intent popup to offer a lead magnet. To get the most out of his campaign, he used A/B testing to see how different versions of the campaign performed.

With OptinMonster’s split-testing feature, Enfroy tested different copy and different lead magnets easily.

The winning campaign offers a 15-page checklist on how to launch a WordPress website:

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This campaign converts 1% of visitors by showing the offer only to users who’ve not opted in already and if they try to exit the site or are on the site for 90 seconds or more.

Enfroy also uses exit-intent for specific affiliate offers:

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This specific campaign converts at 2.36%. Using campaigns like this, Enfroy brings in more than $20,000 in affiliate revenue each month from more than 65 programs.

One of Enfroy’s highest-performing campaigns uses MonsterLinks™.

The MonsterLinks™ feature turns any campaign into a 2-step optin, using psychology to encourage users to subscribe through the Zeigarnik Effect. This is a simple psychological principle that says when someone starts something (by clicking on a MonsterLink™, for example) they’re more likely to finish it.

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This campaign converts at a mind-blowing 58.02%!

In addition, Enfroy has inline optins on his homepage, at the end of his blog posts, and in his blog sidebar.

And, he’s happy with the results:

OptinMonster played a huge role in growing my email list from 0 to 11.3k in my blog’s very first year. Before OptinMonster, I was getting just a few email subscribers a day. Now I’m adding over 3,000 subscribers to my list every month. It’s also great for custom page-level affiliate offers to drive sales. I can’t recommend it enough.

Results

Enfroy was able to build a solid email list of more than 11,000 subscribers in his first year with OptinMonster using a combination of exit-intent, MonsterLinks™, and his killer lead magnet.

With OptinMonster, AdamEnfroy.com:

  • Adds more than 3,000 subscribers to its list every month.
  • Brings in more than $20,000 each month from affiliate sales.
  • Sells 75 digital products each month—a 368.75% increase from when it started!

Summary

AdamEnfroy.com turned to OptinMonster because it was looking for a better optin builder to grow its email list and boost revenue without having to use the custom coding required by their old solution. What it found was powerful features and targeting rules that helped it maximize its results.

You can do the same!

I enjoy how easy it is to integrate OptinMonster with WordPress and email marketing tools. I also like working with campaign design and display rules. The designer makes it super-easy to add in custom blocks, images, text, etc. And I like how easy it is to optimize your display rules.
Adam Enfroy, Owner, AdamEnfroy.com

 

Optin Monster – Lead generation software optimized for your business. 

 

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a goal, an objective. Second, have the necessary

means to achieve your ends; wisdom, money,

materials, and methods. Third, adjust

all your means to that end.”

— Aristotle

 

See You Next Time,

Don Kepple