WILMINGTON, MA — Below is a reminder from the Wilmington Town Clerk’s Office:The 2019 Annual Census will be mailed in January. Residents are asked to complete and return the census form as soon as possible. Please call the Town Clerk’s Office at 978-658-2030 if you do not receive a census form by the end of January.(NOTE: The above message is from the latest Town Topics newsletter.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedNOTICE: Do You Want Your Street To Become An Accepted Way? Petitions Are Due To Town Hall By September 6In “Government”What Are Town Boards & Committees Talking About? (Week of August 25, 2019)In “Government”What Are Town Boards & Committees Talking About? (Week of September 1, 2019)In “Government”
The Modi government’s coffers may have become richer from the aggressive bidding for spectrum auctioned in March, but it has already had its domino effect on subscribers, as predicted by analysts.Idea Cellular has raised tariffs for mobile data plans by as much as 100 percent for pre-paid users in the NCR region. India’s third largest telecom carrier has doubled the tariff for few 2G data plans, while increasing charges for 3G by nearly 33 percent. The revised tariffs are effective from 3 June.The company has also cut down the validity period for some data plans.It is also expected to hike data tariffs in other circles in the coming days, Livemint said, quoting industry sources. Idea is the first telecom operator to announce tariff hike after the fierce bidding by telecom companies in March during the spectrum auction that saw the Centre receiving bids for ₹1.10 lakh crore. Idea had successfully renewed its spectrum licences in the nine telecom circles where it was operating. The company also emerged as the top bidder committing about ₹30,300 crore.After the auction, the carriers were required to pay about 33 percent of the final bidding amount to the government within 10 days. The companies have the option to pay the remaining amount in 10 annual instalments beginning from 2017.”The auctions will increase the debt burden of the industry by 70-80% of the spectrum price paid,” Hemant Joshi of Delloitte Haskins and Sells, had told The Economic Times in March.Some analysts had estimated a minimum increase of 10 percent in tariffs, while others expected them to go up by 15 percent.Experts believe that with the increase in spectrum costs, companies may seriously consider passing on the cost to consumers, despite the intense competition.
Laurus Labs, a Hyderabad-based company that manufactures medicines for Hepatitis C and other diseases, is coming out with an initial public offering (IPO) comprising fresh issue of equity shares and sale of stake by existing investors through the offer for sale (OFS) route.The fresh issue of shares will enable the company to raise about Rs. 300 crore and shares being offloaded by existing investors, including private equity firm Warburg Pincus.The company intends to utilise the proceeds of the public issue to partly pre-pay long-terms loans and for general corporate purpose.Laurus Labs and its subsidiaries had outstanding loans worth Rs. 1,115 crore, including foreign currency component worth $41 million, as of June 30, 2016, according to documents filed with the capital markets regulator, the Securities and Exchange Board of India (Sebi).The company is promoted by Dr. Satyanarayana Chava, Dr. Raju Srihari Kalidindi, Dr. Lakshmana Rao C V and others.Key details of Laurus Labs and IPO (based on offer document and FY2016 annual report):The 11-year-old company posted a net profit of Rs. 141.6 crore on turnover of Rs. 1,780.8 crore during the financial year 2015-16, up from Rs. 73.6 crore and Rs. 1,326 crore in the preceding financia year, according to its 2015-16 annual report. Sales from outside India contributed about 36 percent to its revenues in 2015-16.Dr. Satyanarayana Chava, Dr. Raju Srihari Kalidindi, Dr. Lakshmana Rao C V and others hold about 27 percent stake in the company, with Chava’s holding alone at 17.02 percent.The company has five manufacturing facilities, all located in Andhra Pradesh.Its existing investors include Warburg Pincus Group, Aptuit (Asia) Private Limited and FIL Capital Management (Mauritius) Ltd.The company has filed 130 patents till 2016.It has a fully-owned subsidiary called Laurus Synthesis Inc. in the U.S. The price band and dates of the public issue are yet to be finalised.The shares issued will be listed on the BSE and NSE; the company has received “in-principle” approval from the two stock exchanges.The book running and lead managers to the public issue are Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited.
“He Didn’t Play Politics At All.”They still lack power, got water back Sunday and said they have seen no federal officials since Maria struck.“What more do they want us to do?” asked Ray Negron, 38, resting in the shade of a church after a morning collecting debris. “Nobody’s come.”On approach to the airport, Air Force One descended over a landscape marked by mangled palm trees, metal debris strewn near homes and patches of stripped trees, yet with less devastation evident than farther from San Juan.At least in his first moments on the island, Trump remained focused primarily on drawing praise. “He didn’t play politics at all,” he said of the governor, making clear that he considers those who have criticized him to be politically driven. Trump misstated Maria as a Category 5 hurricane; it was Category 4 when it hit Puerto Rico.“I appreciate your support and I know you appreciate ours,” he said. “Our country has really gone all out. It’s not only dangerous, it’s expensive. But I consider it a great honor.” “Let’s Stop Talking About The Death Count.”In Washington, Rep. Luis Gutierrez, D-Ill., noted that many people in more remote areas still in dire straits and in need of food and water. He told CNN, “Let’s stop talking about the death count until this is over.” It stands at 16 now, and 95 percent of electricity customers remain without power, including some hospitals.The most prominent critic in Puerto Rico, San Juan Mayor Carmen Yulin Cruz, attended Trump’s first event, in an airport hangar, shaking Trump’s hand as he went around a table greeting officials before sitting in in the shadow of a hulking, gray military plane.“How are you?” he asked. Her response could not be heard. He thanked her. Days earlier, Cruz said the Trump administration was “killing us with the inefficiency,” pleading for more effective federal leadership in the crisis.Air Force One brought the president, first lady Melania Trump and aides to Puerto Rico in late morning. They were expected to spend more than five hours on the ground, meeting first responders, local officials and some of the 3.4 million people whose lives have been upended by a hurricane that, in the president’s words, left the island U.S. territory “flattened.” Share “Tremendous Progress.”Before leaving Washington, he said Puerto Ricans who have called the federal response insufficient “have to give us more help.”Large-scale protests against Trump, talked about in advance, failed to materialize by early afternoon, with only a few knots of people gathering around San Juan to decry his criticism of local politicians.As he headed out from the White House to visit the island, Trump told reporters that “it’s now acknowledged what a great job we’ve done.”The trip is Trump’s fourth areas battered by storms during an unusually violent hurricane season that has also seen parts of Texas, Florida, Louisiana and the U.S. Virgin Islands inundated by floodwaters and hit by high winds.Nearly two weeks after the Puerto Rico storm, much of the countryside is still struggling to access such basic necessities as food, fresh water and cash.Trump’s visit follows a weekend in which he aggressively pushed back against critics, including Cruz. Trump responded angrily on Twitter, deriding the “poor leadership ability by the Mayor of San Juan, and others in Puerto Rico, who are not able to get their workers to help.”“They want everything to be done for them when it should be a community effort,” he added, scoffing at “politically motivated ingrates” who had criticized the federal work, and insisting that “tremendous progress” was being made.Cruz had begged the administration to “make sure somebody is in charge that is up to the task of saving lives.”Trump and his wife also visited Navy and Marine Corps personnel on the flight deck of the USS Kearsarge. Twitter user @CNNPresident Trump arrives in Puerto Rico 2 weeks after Hurricane Maria ravaged the island.President Donald Trump highlighted Puerto Rico’s relatively low death toll compared with “a real catastrophe like Katrina” as he opened a tour of the island’s devastation Tuesday, focusing on the best of the reviews he and his administration are getting rather than criticism of the federal response to Hurricane Maria.Trump pledged an all-out effort to help the island but added: “Now I hate to tell you, Puerto Rico, but you’ve thrown our budget a little out of whack because we’ve spent a lot of money on Puerto Rico. And that’s fine. We’ve saved a lot of lives.”He said his visit was “not about me” but then praised local officials for offering kind words about the recovery effort and invited one to repeat the “nice things” she’d said earlier. Trump also singled out Gov. Ricardo Rossello for “giving us the highest praise.”“Every death is a horror,” he said, “but if you look at a real catastrophe like Katrina and you look at the tremendous, hundreds of and hundreds and hundreds of people that died, and you look at what happened here … nobody’s ever seen anything like this.” An Upbeat ReportAt least parts of the itinerary were drawn to ensure a friendly reception: Trump was visiting the houses of pre-selected families waiting on their lawns.The president also handed out flashlights at a church, where 200 people cheered his arrival and crowded around him getting pictures on their cellphones.“There’s a lot of love in this room, a lot of love,” Trump said. “Great people.”Asked by AP what he has to say to people still without power, food and water, he spoke of the generators brought to the island and said the electrical grid is being fixed.“Again the job that’s been done here is really nothing short of a miracle,” he said.In the Playita neighborhood in the heart of San Juan, a few miles from the air base where Trump gave his upbeat report on progress, people cleaned sewer water from their homes and businesses, stacked fouled clothes in shopping carts and piled them on street corners alongside wet mattresses and pieces of broken metal roofs. Next StepsEven before the storm hit on Sept. 20, Puerto Rico was in dire condition thanks to a decade-long economic recession that had left its infrastructure, including the island’s power lines, in a sorry state. Maria was the most powerful hurricane to hit the island in nearly a century and unleashed floods and mudslides that knocked out the island’s entire electrical grid and telecommunications, along with many roads.Trump and other administration officials have worked in recent days to reassure Americans that recovery efforts are going well and combat a perception that the president failed to fully grasp the magnitude of the storm’s destruction in its immediate aftermath.According to the Federal Emergency Management Agency, there are now more than 10,000 federal officials on the ground on the island, and 45 percent of customers now have access to drinking water. Businesses are also beginning to re-open, with 60 percent of retail gas stations now up and running.The Health and Human Services Department says federal medical teams with their own equipment and supplies have been sent to help provide care at Centro Medico, a major trauma center in San Juan. Additional teams have been sent to five hospitals in other parts of the island.For many, however, Washington’s response isn’t enough. On Monday, the nonprofit relief group Oxfam announced that it would be taking the rare step of intervening in an American disaster, citing its outrage over what it called a “slow and inadequate response.”
Despite assurances from law enforcement agencies to ensure safety and security of the churches after the arson at Dilshad Garden church, Christmas celebration in Delhi will be a low key affair this year.The churches will organise prayers and perform other rituals but some argued the recent tragedy has marred the festivity to maximum extent. The sense of fear in the mind of community people can be judged from the fact that they hesitate to discuss the upcoming festival and its preparations. Also Read – Company director arrested for swindling Rs 345 crore“We saw massive arson at St Sebastian Church with the intention to disrupt communal harmony. Lack of security arrangements and mishandling of the incident by concerned authorities have also added to the woes. While the security was strengthened after the incident, hardly any police personnel can be seen around churches these days. The public-police meeting for restoring confidence among the community has also been scheduled after Christmas,” said Saji, one of the care-takers of St Stephens Church in Dilshad Garden. Also Read – Man who cheated 20 women on matrimonial websites arrestedA visit to churches in Dilshad Garden corroborates Saji’s fears. The churches wore a deserted look with no visitors. “Every year, the devotees would throng to churches days before the Christmas. We are going to organise street prayers and have invited people from different communities to participate in that. But we are doubtful about people’s attendance at the prayers”, said Mathew, an attendant at St. Sebastian Church where the massive arson had taken place a couple of weeks ago.On the other hand, police officials claimed to have taken adequate security measures to avert any untoward incident. “We have instructed senior police officials to deploy necessary force outside each church in the city to ensure safety of the community. Surprise checks by officials are also being conducted to check security measures,” a senior police official, requesting anonymity said.
State Rep. Tom Barrett’s legislation giving farmers the flexibility to move portable toilet facilities around their fields for farm workers was approved today by the Michigan House of Representatives.Barrett, of Potterville, said farms use portable bathrooms to comply with requirements that field workers have access to toilet facilities within a quarter mile of where they are working.“It’s not uncommon for workers to be harvesting crops in one area and then move to a field down the street,” Barrett said. “To comply with current law, farmers would have to halt operations and wait for a contractor to move the portable toilets before farm operations can resume.”Barrett’s bill would allow farmers to transport portable sanitation facilities without becoming licensed septage haulers if they meet specific criteria.“It’s ridiculous to force people to hire contractors to perform tasks they’re capable of performing themselves,” Barrett said. “Allowing farmers to move these facilities from field to field will increase efficiency and prevent farm activities from coming to a standstill while waiting on a company to perform the routine service.”House Bill 4438 now moves to the Senate for consideration.### Categories: Barrett News 20Jun Rep. Barrett bill increases efficiency, flexibility on farms
Canal Plus Afrique, the African arm of the French pay TV operator, is launching a new service enabling subscribers to pay using their mobile phones.The operator has teamed with Orange to enable mobile customers to pay for Canal Plus and Canalsat services using the Orange Money service. It will launch initially in Madagascar in June, before rolling out to other African markets by the end of the year.Canal Plus Afrique operates in over 20 countries in sub-Saharan Africa, providing its subscribers with various TV channel packages that can either be prepaid or paid via direct debit. The majority of users opt for the prepaid option, according to the operator, which means going to a retailer to renew their subscription. Orange Money will provide a way for them to pay their bills anytime. Guy Lafarge, president of Canal Plus Overseas, said: “We are very pleased with this partnership with Orange on mobile payment. With Orange Money, we will provide our subscribers with an innovative and simple means of payment which is both quick and secure.”
By Vedran Vuk, Casey Research Recently, my parents were considering purchasing some real estate. As the financial professional in the family, they asked me, “What do you think? Will it go up in value? You know… not now, but eventually?” I’ve heard the same thing over and over again. In response, I shared my opinion: “Would you pay the current market price to live there even if its value never increased?” If the answer is yes, buy the property.” Essentially, is the house worth it as a home, not as an investment? In the past few decades, the concept of home ownership has been completely turned on its head. Previously, homes were considered a very long-term consumption good. Do you think anyone in the 18th, 19th, and prior centuries ever considered tripling the value of their homes by retirement time and selling them to move beachside? In the vast majority of cases, such ideas never crossed their minds. Yet, somehow along the way, this became a reasonable investment expectation. Even today, home buyers still make their purchases with the hopes of escalating prices. But are homes really wise investments? Consider the difference between your house and an investment such as Apple (NASDAQ: AAPL) stock. At a major company, the opportunities can be truly limitless. Apple can produce cashflows from computers, iPods, iPads, and future innovations that are just dreams and concepts today. If the local market is oversaturated, Apple has the option of spreading out all across the world. As a result, Apple’s stock price has gone from $17 in 2005 to $540 today. Can your house do the same? Unless there’s a hyperinflation ahead or your house is located in the New York City or London of the 21st century, the answer is no. Why? Because your house is ultimately a product – and products have an upper bound to their prices. To understand this difference, there’s no need to drag out the Case-Shiller Index or analyze complex statistics. Suppose one bought a single-family house over a decade ago for $200K. At the peak of the housing bubble, the price reached $500K; to his joy, the owner sold it and moved thereafter to retire in Florida. Can the house’s price go higher from here? With Apple, the stock price can just keep climbing with greater profits and innovations. But is that true with real estate? For the sake of argument, let’s say that prices do keep rising. Eventually, the second owner sells to another buyer for $1 million a decade later. Guy number two also peacefully retires in bounty. Well, where does that leave the third guy? Unless real salaries make an incredible jump in the same time period, no one will be able to afford the home next. The median US worker earning $51K won’t be selling such a house for retirement; instead, it will take him until retirement to afford it. In many ways, this “investment” more closely resembles a Ponzi scheme. (Yes, Ponzi schemes work: for those who get in early and get out – as the recent real-estate bubble demonstrated.) Ultimately, there’s an upper bound to housing prices – they can’t continue rising perpetually with no end. The same is true of any product. At $300 for the newest iPod Touch, Apple might be doing well, but at $10,000 per unit, there likely would be very few buyers. As a homeowner, you’re not holding a company that can innovate, cut costs, and enter new markets. You’re ultimately holding a product which must be either sold to the next user or leased to the next renter. Houses are a good created for a specific use – to put a roof over one’s head. They are not magical money machines. Previous generations understood this very simple concept. One built a home as a place to live and escape the elements – and worse yet, the squalor of tenement housing. Homes were not retirement tools, but rather long-term goods. Unfortunately, policy makers still view homes as investments and are always worried about low prices. But is it really healthy to play another round of the same Ponzi scheme? Suppose the Fed manages to inflate housing prices again. There will be another boom in which some folks will make a tremendous amount of money. Eventually, housing prices will hit an unrealistic upper bound. Again, home prices will violently drop, resulting in homeowners deeper underwater than now. Of course, the banks will again take a hit as the mortgage holders. As long as real incomes trail the rise in housing prices, there will ultimately be a correction of some sort. So, do I think the current real estate market is just fine? No, of course not; but I don’t think shocking houses prices back into a bubbly stratosphere is the solution. Ideally, I’d like to see increasing housing prices, but only at the pace of real growth in society’s wealth. Over the last few decades, houses grew in value for good reasons and bad. On the good side, the economy had been expanding. On the bad side, the Fed’s low-interest-rate bubble artificially inflated housing prices beyond what made sense for our economy to sustain. If US companies such as Apple are creating greater abundance in society, it makes sense for housing prices to grow with greater wealth. But, bringing those prices higher on a wave of printed cash does not make us wise investors, but rather willing participants in a Ponzi scheme where someone else will be left holding the bag. Though that might be an attractive solution for those underwater on their mortgages, it’s no solution for the economy as a whole – nor for the next buyer. [Treating houses as investment vehicles – a strategy pushed by federal government policy – is one part of the complex conditions that have created the current American debt crisis. Start learning about it, so that you can be among those who not just survive, but thrive during the challenging times ahead.]
But the most important takeaway from these charts, besides the fact that the prices are being actively managed, is that there are no spike lows at any of the daily fixes—the two in gold and one in silver—to be found on either chart. It was the same in September as well. ‘Da boyz’—having been caught with their fingers in the cookie jar at the p.m. fix—have changed tactics, which is more than obvious in these charts. Here’s what the 5-year Intraday Average Gold Price Movement chart for gold looks like, complete with the spike lows at both the a.m. and p.m. fixes. And as you can see from the two charts above, this pattern has been replaced by something new—but the ‘fix’ is still in. Sponsor Advertisement Silver got taken to the woodshed at the Sunday night open—and was down almost 45 cents at its low, which came around 8:30 a.m. Hong Kong time. [This appeared to be a new low tick to the downside in silver, but the 6-month silver chart in The Wrap indicates otherwise.] From that point, silver rallied slightly into positive territory in a rather choppy fashion until the price got capped starting shortly before 1 p.m. EST. It got sold down a bit at that point—and back into negative territory—before trading sideways in the 5:15 p.m. close. The low and high tick were recorded as $16.22 and $15.74 in the December contract, which was an intraday move of more than 3 percent. Silver finished the Monday session at $16.145 spot, down 3 cents from Friday’s close. Net volume was very decent at 37,000 contracts, of which 9,000 or so came before the London open. I was happy to see the precious metal shares do as well as they did yesterday, so it’s obvious that there was some serious bottom fishing going on—and I’ll be more than interested to see how they perform going forward. And as I write this paragraph, the London open is twenty minutes away—and every rally attempt in gold during the Far East trading session got sold down before it could get very far—and a the moment the gold price is basically unchanged from Monday’s close in New York. As usual, silver got sold down at the open in New York on their Monday evening—and is still down about two bits on the day. Platinum got hit for $20 in the first couple of hours trading—and is still down 9 dollars at the moment. Palladium is back below the $800 mark at $796. Gold’s net volume is just over 27,000 contracts—and virtually all of it is in the December contract, so it’s a given that it’s mostly of the HFT variety. Silver’s net volume is already north of 7,000 contracts. The dollar index, which had been down a bit more than 20 basis points, hit its 87.08 low tick at exactly 1 p.m. Hong Kong time—and has been in rally mode ever since—and is only down 5 basis points at the moment. Here’s the U.S. Dollar Index chart for the first two hours or so of trading on Tuesday—and you can see the precise timing of the low tick, so you know that this wasn’t free-market forces at work. Uranium Energy Corp. (NYSE MKT: UEC) is pleased to announce that the final authorization has been granted for production at its Goliad ISR Project in South Texas. As announced in previous press releases, the Company received all of the required authorizations from the Texas Commission on Environmental Quality, including an Aquifer Exemption which has now been granted concurrence from EPA Region 6. Amir Adnani, President and CEO, stated, “We are very pleased to have received this final authorization for initiating production at Goliad. Our geological and engineering teams have worked diligently toward achieving this major milestone and are to be truly commended. We are grateful to the EPA for its thorough reviews and for issuing this final concurrence. The Company’s near-term plan is to complete construction at the first production area at Goliad and to greatly increase the throughput of uranium at our centralized Hobson processing plant.” Please contact Investor Relations with questions or to request additional information, email@example.com. The gold stocks traded around either side of unchanged until about 11:45 a.m. in New York—and then chopped higher into the close, with the HUI finishing the Monday trading session up 2.68%. Here’s Nick’s chart. There was some serious bottom fishing going on Gold got hammered right out of the gate at 6 p.m. on Sunday evening, hitting a new low for this move down in the spot market at 8 a.m. Hong Kong time. It rallied from there, hitting its high tick at the noon silver fix in London—and that was it for the day, as the price got sold down progressively lower during the New York trading session. The low and high ticks were reported by the CME Group as $1,173.40 and $1,161.00 in the December contract. Gold was closed at $1,165.30 spot, down $7.60 on the day. Net volume was very much on the lighter side at 108,000 contracts, with 30,000 of those coming before the London open. Platinum followed a similar pattern, with the low tick coming about 8:30 a.m. in Hong Kong, followed by the high of the day which came at the noon silver fix in London [1 p.m. Zurich time]—and from there it traded quietly lower in the close. Platinum was closed up 3 dollars on the day. I have a very decent number of stories for you today, so I hope you have the time to read the ones that interest you. There remain these two parallel universes: First, there’s “The Truman Show” world: Japan’s Kuroda has essentially nothing to do with the great U.S. bull market. It is instead driven by robust economic fundamentals, including strong GDP and corporate profits. The U.S. is simply the best place in the world to invest – and American equities are a friggin’ slam dunk, all-in buy. King Dollar is confirmation of all that is good in the U.S. But the alternative universe is a totally different world: Kuroda is one of a very select group of leading central bankers working desperately to sustain a runaway global financial Bubble. There’s an historic experiment in “money” printing that is at the brink of failure. Around the world there are speculative financial market Bubbles of unprecedented proportions at risk of bursting. History’s Greatest Credit Bubble already has serious cracks. Moreover, the incredible widening gap between (The Truman Show) securities prices and deteriorating (bursting Bubble) fundamental prospects boosts the likelihood of a global market accident. – Doug Noland, The Prudent Bear: 31 October 2014 It’s obvious that despite the lows of last Friday, that JPMorgan et al are still around, as they set a new low price tick for [spot] gold in early Far East trading on their Monday morning—and came very close in silver. Another of the ‘Big 6’ commodities that set a new low engineered price for this move down on Monday, was West Texas Intermediate Crude—and you can see that in its 6-month chart posted below. Today, at the 1:30 p.m. EST close of Comex trading, is the cut-off for this Friday’s Commitment of Traders Report—and as I pointed out in yesterday’s column, if we get through yesterday and today with no significant price moves to the upside in either gold or silver, the COT Report and companion Bank Participation Report should certainly be one for the record books. The Monday price action was more than helpful in that regard—and now we just have to get through today. Of course I’d be delighted if the precious metals blasted off regardless—and to hell with what these reports may or may not show—but since we’re this close, I’d be happy if they held off for another nine hours or so. Of course with both gold and silver this far below their respective 20, 50 and 200-day moving averages, the price could remain comatose for many weeks or months before the Managed Money traders are forced to cover as moving averages are penetrated to the upside. However, it could happen anytime for other reasons and, as always, the timing is unknown. And as I hit the send button on today’s column at 5:20 a.m. EST, gold is still chopping around unchanged—and silver has rallied a bit, but is still down 17 cents from yesterday’s close. Platinum is heading lower again—and almost back at the low it hit in early morning trading in the Far East. Palladium is about unchanged. The dollar index hasn’t changed much, either. I wish I knew what to expect for the remainder of the Tuesday trading session, but I haven’t a clue. So nothing will surprise me when I check the charts later this morning. See you tomorrow. The dollar index closed late on Friday afternoon in New York at 86.91—and then rallied in fits and starts up until its 87.40 high that came about ten minutes before the 1:30 p.m. close of Comex trading. From that point it chopped a few basis points lower into the close, finishing the Monday session at 87.29—up another 38 basis points. In silver, the October low tick came at 11:15 a.m. EDT—and the high tick was at shortly after 1 p.m. Hong Kong time/1:00 a.m. EDT. Palladium had a tiny down/up move on Sunday night as well, but from there it traded almost ruler flat until shortly before 10 a.m. in Zurich. From there it rallied to its high at the noon silver fix in London [1 p.m. Zurich time]—and from there it sold off a few bucks going into the London p.m. gold fix—and then traded ruler flat once again into the 5:15 p.m. EST close. Palladium finished the Monday trading session right on the $800 the ounce mark, up 9 bucks from Friday. It was the same story for the silver equities up until 10:45 a.m.—and then they took off as well, but rallied much more convincingly, with most of their gains coming by 1 p.m. EDT, which is the point at which the silver price ran into “all the usual suspects”. From there they traded flat into the close, as Nick Laird’s Intraday Silver Sentiment Index closed up a very decent 4.82%. The next photo is one that a reader sent me—and if you’re not familiar with this bird, it’s an Andean cock-of-the-rock. Here’s the New York Spot Silver [Bid] chart on it own so you can see the rather questionable price ‘action’ around 1 p.m. EDT. The CME Daily Delivery Report for Day 3 of the November delivery month showed that zero gold and 22 silver contracts were reported for delivery within the Comex-approved depositories on Wednesday. The link to yesterday’s Issuers and Stoppers Report is here. The CME Preliminary Report for the Monday trading session showed that gold open interest in November is now 65 contracts, up ten contracts from yesterday’s report. Silver’s November o.i. increased by 14 contracts to 133 contracts, minus the 22 contracts posted for delivery tomorrow. There were no reported changes in GLD yesterday—and as of 7:36 p.m. EST yesterday, there were no reported changes in SLV, either. But when I was editing this column at 3:55 a.m. EST, I was amazed to see that an authorized participant had added another 1,150,108 troy ounces. As I sort of expected, there was another big sales report from the U.S. Mint to start off the new month. They sold 12,000 troy ounces of gold eagles—2,500 one-ounce 24K gold buffaloes—and 625,000 silver eagles. If I had to bet ten bucks, I’d bet on the fact that these sales were made on Friday, but were shoved into the new month. If they’d been included in October sales, they would have pushed silver eagles sales well over the 6 million mark—and further into record territory—and that would just never do, would it? There were no reported in/out movements in gold over at the Comex-approved depositories on Friday but, once again, there was very decent in/out activity in silver, as 592,820 troy ounces were reported received—and 912,591 ounces were shipped out the door. Virtually all of the activity was at the CNT Depository and Canada’s Bank of Nova Scotia. The link to the silver activity is here. Here are the 2-minute tick charts for the October intraday price movements for both gold and silver. Once you average out all 23 trading days in October, the underlying price pattern becomes obvious and, as is always the case, they both have ‘shape’ to them. A freely-traded commodity in anything would not have a chart pattern that looked like this. In gold, the low came exactly an hour after the 6 p.m. open in New York—and the high tick of the day came a minute or so after 12 o’clock noon Hong Kong time/midnight EDT in New York. The first photo is the current situation at the lava flow at Pāhoa Village on the ‘Big Island’ of Hawai’i. “A breakout occurred from an inflated lobe on Sunday morning, November 2, 2014. Scattered breakouts like this, which took place about 200 meters (218 yards) upslope of the stalled leading edge, have been common over the past few days—and are filling in low points behind the flow front.” I borrowed the photo and the text from the Hawai’ian Volcano Observatory website yesterday—and the ‘click to enlarge’ feature on this photo is worth using here.] And just for curiosity sake, here are the gold charts for the 23 trading days in October, with a different colour for each day—“rainbow spaghetti soup” is what Nick called it. It’s hard to believe from looking at the multicoloured mess below, that when the 2-minute ticks from each trading day are averaged out over the entire October trading month, that the price management scheme is laid bare—but it is. And it’s even more obvious in the 60-month/5-year rolling chart above.
Digital agency SYZYGY has been awarded the new IAB Gold Standard 1.1 certification, making it the first agency in the world in the Support category and second in the world in the Buyers category to receive the certification.The IAB created a ‘Gold Standard for Digital Advertising’ to combat the billions in ad budgets lost in the failure to focus on positive experiences for real customers and appropriate content for brands. The standard has three simple aims: to reduce ad fraud, to improve digital advertising experience and to increase brand safety.Marketing Technology News: Blue Prism Collaborates with Microsoft to Deliver Free Cloud Trial on AzureThe standard certifies that SYZYGY has met the most stringent commitments to reducing ad fraud through the complete support and implementation of the ads.txt initiative across its content and platform. It has increased brand safety by holding and promoting a JICWEBS DTSG Brand safety certificate and improved the digital ad experience for users by demonstrating a commitment to the standards set by the Coalition for Better Ads.Marketing Technology News:Aussie Anthony Capano appointed Managing Director, International at Rakuten MarketingPhil Stelter, Global Chief Media Officer at SYZYGY, said: “The fact that we are one of the first agencies to be awarded the new IAB UK Gold Standard 1.1 is a testament to our commitment to raising standards across the industry. Relationships with our clients are nothing without trust and transparency, and as the industry shifts and evolves, these factors will only grow in importance. By supporting the IAB’s focus on improving the media landscape through initiatives like this, we are helping to curb ad fraud, foster an environment of trust for brands and encourage the industry to focus once again on effective interactions with customers’ precious and limited attention.”Marketing Technology News: ANSYS Welcomes Lynn Ledwith as Vice President of Marketing Digital advertisingIAB GoldNewsPhil StelterSYZYGY Previous ArticleConnekt Technologies Launches Turn-Key Commerce Destination Featuring Aggregated Merchandise from Numerous Entertainment FranchisesNext ArticleMGID Adds Sellers.json and Support for OpenRTB SupplyChain Object to Drive Increased Trust and Transparency SYZYGY Awarded IAB Gold Standard 1.1 MTS Staff WriterJuly 16, 2019, 9:30 pmJuly 16, 2019
Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. The Pew Research Center report found bots were a major source for diffusing information on news, sports, entertainment and other topics.The researchers found that of all tweeted links to popular websites, 66 percent were shared by accounts that appeared to be automated rather than human users.While bots have gained attention due to concerns over Russian-sponsored manipulation of social media during the 2016 political campaign and for other hot-button topics, the researchers said they made no effort to distinguish between “good” or “bad” bots.”The study does not find evidence that automated accounts currently have a liberal or conservative ‘political bias’ in their overall link-sharing behavior,” the researchers wrote.Twitter’s policy on automated accounts, last updated in November, allows bots to operate but with limitations.The policy allows for bots to “automatically broadcast helpful information” or “run creative campaigns that auto-reply to users.”But Twitter’s rules forbid automatic posts about trending topics or using automation “to attempt to influence or manipulate trending topics.” It also bans the use of multiple accounts to generate more activity.”These findings illustrate the extent to which bots play a prominent and pervasive role in the social media environment,” says Pew researcher Aaron Smith.”Automated accounts are far from a niche phenomenon: They share a significant portion of tweeted links to even the most prominent and mainstream publications and online outlets. Since these accounts can impact the information people see on social media, it is important to have a sense their overall prevalence on social media.”Pew researchers said some examples of automated accounts included a Netflix bot which tweets when new shows are added to the online streaming service, and another which posts random images from the Metropolitan Museum of Art.CNN operates a “breaking news” bot and the New York Times has one that provides live analysis of NFL games.The researchers said a small number—some 500—of highly active bots are responsible for a disproportionate share of the tweeted links, or 22 percent.Pew found that an unusually large share of “adult content” is retweeted by bots, accounting for 90 percent of links to popular adult sites.That coincides with findings from other researchers on campaigns of “pornbots” which advertise sex and pornographic websites.The Pew report examined some 1.2 million English language tweets linking to 2,315 of the most popular websites in a six-week period in mid-2017. How do you spot a Russian bot? Answer goes beyond Kremlin watching, new research finds © 2018 AFP Automated accounts or “bots” play a big role in disseminating information on Twitter, accounting for two-thirds of tweets linking to popular websites, a study showed Monday. Twitter logos on a computer screen in Beijing: some two thirds of all popular links pushed by the social media platform were generated by bots, a study said Citation: Bots, good or bad, dominate Twitter conversation: study (2018, April 9) retrieved 18 July 2019 from https://phys.org/news/2018-04-bots-good-bad-dominate-twitter.html
Germany reports first greenhouse emissions fall in five years This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Citation: Three things to know as Germany opens massive ocean wind park (2019, April 16) retrieved 17 July 2019 from https://phys.org/news/2019-04-germany-massive-ocean.html Here are three things to know about the Arkona wind park.Baltic’s largest wind parkArkona’s 60 turbines tower out of the Baltic between the German island of Ruegen and the Swedish shoreline to the north.Erected in just three months last year, they are already supplying 385 megawatts of electricity—enough for around 400,000 family homes.French energy provider Engie has signed a contract to buy electricity for four years from operator OWP Arkona, a joint venture between Germany’s Eon and Norway’s Equinor.Electricity will be routed through a French-built substation whose 150 kilometres of cables link up the wind generators.Engineers affectionately dubbed the hardware “the multi-socket adaptor” after the familiar household gadget.The project showcased “the German contribution, also the contribution of highly developed industrial nations to developing renewable energy,” Merkel said, thanking both France and Norway for their involvement.”If you look at the historical responsibility that we have, since we emitted a lot of carbon dioxide into the air, it’s a question of justice and of development cooperation” to nurture climate-friendly technology for others to adopt, she added.’Energy transition’ on back foot?Germany had long been seen as a pioneer in the switch to renewable energies, but Merkel’s 2011 decision to exit the generation of nuclear power after the Fukushima disaster knocked the country back.Rather than emissions-free fission plugging the gaps left by variable output from wind and sun, Berlin has had to fall back on intensely polluting brown coal and other fossil sources.Today, renewables account for 38 percent of Germany’s energy mix, and are slated to hit 65 percent by 2030.”We must stick to that,” Merkel said, recalling that “renewable energy is already the largest pillar of our energy supply, showing how it’s shifted from a little niche into the centre”.But the federal government has missed its targets in the past, giving up last year a goal to reduce greenhouse emissions 40 percent compared with 1990 levels by 2020.”It will take a lot of effort to achieve our targets for 2030,” the chancellor acknowledged.On land, Germany’s much-lauded “Energiewende” (energy transition) policy is struggling, with subsidies for wind turbines on the way out and the cost of transmitting electricity to consumers high.One kilowatt-hour (kWh) costs 30 euro cents ($0.34) or twice as much as in neighbouring France, still well supplied with electricity from nuclear plants.From land to seaWhile land-based turbines may be running out of puff, Germany has been building them at sea for 10 years—despite initial scepticism.Observers at first warned of high costs, and upsets like storms or construction failures plagued the early attempts.But costs have been squeezed and techniques improved in the meantime, with 20 percent of Germany’s wind energy now coming from the sea.North Sea and Baltic wind parks boast more than 1,300 windmills with a capacity of around 6.4 gigawatts.Importantly, seaborne wind power is less vulnerable to Nimbyism—”not in my backyard”—complaints from locals about spoiled views, noise or dead birds.Environment groups have warned about risks specific to the maritime generators, with birds still falling victim to them and the noise of the rotors tormenting some sea mammals, such as porpoises. Chancellor Angela Merkel on Tuesday officially opened a massive wind farm in the Baltic Sea, calling it a project of “national significance” for Germany’s “energy transition” towards renewables. Explore further © 2019 AFP Sea-based wind parks are Germany’s latest answer to its search for more renewable energy