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Precious Metals Are About To Reset Like In 2008 – Gold Bugs, Buckle Up! SPONSOR: Loncor Resources $LN.ca $ABX.ca $TECK.ca $RSG $NGT.to $GOLD $NEM

Posted by AGORACOM at 10:48 AM on Monday, April 6th, 2020

Sponsor: Loncor, a Canadian gold explorer controlling over 2,400,000 high grade ounces outside of a Barrick JV. The Ngayu JV property is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 800,000 ounces of gold in 2018. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting their Tier One investment criteria. Newmont $NGT $NEM owns 7.8%, Resolute $RSG owns 27% Click Here for More Info

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For years, many Gold Bugs (investors who’ve been advocating buying Gold and Silver at low prices as a hedge against future global economic risks) were shunned as conspiracy theorists and nuts. How could these people believe Gold and Silver were solid investments when the Global equities markets were rallying 5% a year consistently – what could go wrong?

Over the past two weeks, I have personally received multiple phone calls and emails from friends and associates asking how these people can suddenly “buy physical metals”. In one case, this individual was purchasing Airline and Food Services stocks in late February thinking this move would be short-lived and telling me how the airlines would recover quickly after this is all over.  Now, that person wants to know my secret contacts for buying physical metals.

If you know any Gold Bugs, you know we’ve built relationships with suppliers, friends and other Gold Bugs throughout the year. Believe it or not, I can still buy physical metals from a few of my closest associates in the industry. Eric Sprott is a fan of my precious metals forecasts and talked about my work a few times publicly.

Yes, the prices have begun to skyrocket a bit – Silver especially.  But I can still buy physical metals because I have a deep resource of friends and suppliers.

What’s going to happen over the next few weeks is that more and more average people are suddenly going to realize they should have been buying metals as security against risk.  Paper metals are going to explode as well, but physical metals will demand a premium that is much higher than paper/spot price. Right now, one ounce of Silver is going for about $21 to $25 per ounce in physical form (depending on my sources).  The current SPOT price of silver is $14.50. That means the premium for physical Silver is between +45% to +75% right now in the open market.

Daily Gold Chart

This Daily Gold chart highlights the upside Fibonacci price targets using our Adaptive Fibonacci Price Modeling system.  We believe the next upside price target for Gold is $1825. A higher upside price target is visible on this chart near $1950 and we believe Gold prices will reach this level eventually.  But we believe the current $1825 level is the immediate target.  This would represent an immediate +10 upside price advance and would establish NEW HIGH prices for the past 9 years.

Silver Daily Chart

This Silver Daily chart also highlights our Adaptive Fibonacci Price Modeling system and shows an upside price target of $17.25.  Remember, the current physical demand for Gold and Silver has skyrocketed over the past 2+ weeks. The Spot price is really not indicative of the open market price of physical at the moment.  If Spot Silver moves to $17.25 as we predict, that would be a +19% upside price advance.  If Silver advances to $18.25, that would be a +26% upside price advance.

You should also take a look at our silver chart from 1999 and what happened then, and should happen again now as well.

Silver Bugs are loving the setup right now because they know the pattern that sets up in the Metals market when a crisis hits.  First, Gold begins to rally faster than Silver and the Gold to Silver ratio spikes higher.  Then, once the shock-wave of the market crisis subsides, the metals begin a fairly usual price advance where both Gold and Silver advance – in unequal forms.  This is when the real fun for Gold & Silver Bugs begins.

Gold to Silver Weekly Ratio Chart

THE SILVER LINING

Take a look at this Gold to Silver Weekly Ratio chart.  This chart measures how much one ounce Silver it takes to purchase one ounce of gold at current prices.  Notice that spike in the ratio back in 2008?  That was the spike in gold prices relative to Silver prices as the top formed in 2008 and the “shock wave” struck global investors.  What happened?  Everyone tried to pile into the Gold trade and ignored Silver for about 6+ weeks.

Then what happened to the Gold to Silver Ratio?  It COLLAPSED from levels near 85 to a bottom hear 31.  That means the price of Silver advance almost 3x faster than the price of Gold over that span.  In order for the ratio to fall from near 90 to levels near 30, that indicates a very expansive price increase in the price of Silver.

Now, take a look at what has happened just recently in the Gold to Silver Ratio…  another massive price spike.  This time, the spike reached levels near 120 (Yikes).  Can you guess why Gold and Silver Bugs are so excited right now? If another price advance takes place in precious metals which is similar to the 2008~2011 rally, Gold may see a 300% to 500% rally and Silver may see a 450% to 900% rally over the next 2 to 3 years.

This is no joke.  Physical metals are why Gold and Silver Bugs believe the value of having it in your hands is much better than owning an IOU from a broker or bank.

Get ready for some incredible price moves in the metals markets and congrats to all the Gold and Silver bugs out there.  Our analysis says our patience and accumulation of physical metals will soon pay off in a big way.

As a technical analyst and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for short-term swing traders.

SOURCE:https://finance.yahoo.com/news/precious-metals-reset-2008-gold-223755361.html

Chris Vermeulen
Chief Market Strategies
Founder of Technical Traders Ltd.

Using #Telehealth in a #Pandemic #Covid19: Focus on Flexibility, Scalability – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 9:40 AM on Monday, April 6th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Using Telehealth in a Pandemic: Focus on Flexibility, Scalability

Executives from three different health systems talk about how they’ve used telehealth to meet the demands created by the Coronavirus pandemic – and how those services are laying the groundwork for ‘the new normal.’

By Eric Wicklund

  • Healthcare providers are scrambling to keep up with the demand for telehealth services as the Coronavirus pandemic sweeps across the nation
  • Many are seeing unexpected benefits in the shift to connected health – and hoping the momentum continues after the emergency is over

‘Take Care of the Patients First’

“There’s been a lot of spontaneous action,” says Alexa Boer Kimball, CEO of Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, a network of roughly 2,900 physicians spread across eastern Massachusetts.

“The key is to take care of the patients first,” she says.

Kimball remembers using telemedicine as far back as 1998, though more recently the network had focused on urgent on-demand care. Now her physicians are seeing thousands more patients each week via telehealth than they had seen just a few weeks ago.

While the traditional barriers – reimbursement, patient and provider buy-in, technology – “have always been there,” Kimball says the accelerated pace of the nation’s response to the emergency has allowed providers to jump in and try things out.

“The first thing we realized was that you can do a lot of things just on the phone,” she says.

Actions by state and federal officials have loosened a lot of those barriers, allowing providers to test new platforms and see more reimbursement. Kimball says her providers have long clashed with payers over coverage, and she’s hoping the success they’re seeing now will convince payers to maintain these new guidelines after the pandemic has eased.

“Right now we’re pretty confident we’ll be reimbursed for that business, but we’re still not sure,” she says. “This (rapid uptake) is kind of proof in the pudding. We need to make sure we have the data to prove our point.”

Kimball advises providers to “pay attention to all the guidance” right now, identifying both state and federal guidelines that have a direct effect and positioning telehealth and mHealth services to take advantage of those new rules. This includes developing a compliance and payer-specific billing plan, and massaging that plan to cover not just Coronavirus cases, but all cases.

“We need to be ready for a new (environment),” she says. “There’s no going back.”

‘We … Jumped Forward 10 Years on the Adoption Curve’

Out in Renton, WA, the Providence St. Joseph Health system was caught in the middle of the first wave of Coronavirus cases. But Aaron Martin, Executive Vice President and Chief Digital Officer for the six-state, 51-hospital health system, says leadership had recognized the value of virtual care six years ago and had the infrastructure in place to tackle the surge.

Still, he says, they were caught by surprise by a tenfold increase in telehealth visits and a sevenfold jump in care providers joining the platform.

“We had to move very quickly from feature-driven (virtual health offerings) to scale-driven,” he says. “We basically jumped forward 10 years on the adoption curve.”

Martin says PSJ has a large digital health innovation program, employing some 120 software engineers and producing more than a few tools and incubator spin-outs, like Xealth. The health system also partners with telehealth and mHealth companies to test out the latest in tools and services.

That helped the health system expand from its fast-growing ExpressCare Virtual telehealth platform to a stable of services that now includes remote patient monitoring for roughly 300 patients in the Seattle area. That program will soon be expanded throughout the enterprise to help other hospitals manage their populations at home. 

Martin says the health system realized very quickly that it had to have a plan in place for expanding and evolving its virtual care services. 

“Move fast, but make sure you’re being very, very diligent about things,” he says. “Understand all the processes in place, and make sure the technology is very fungible and easy to configure.” 

In addition, make sure all telehealth and mHealth services are tested and fine-tuned not only by IT, but by the clinicians who will use them. 

“And be prepared to learn,” he adds. “We will learn some things that work in virtual visits, and we will learn some things that absolutely don’t work.” 

That includes addressing three specific goals: Make sure all online content is from a trusted source, be prepared to adopt all-digital transactions, and focus on engagement, both to get patients through the digital door and to keep them there for future care. 

With regard to future care, Martin says “we’re already thinking of the new normal.” That means preparing to transition from Coronavirus triage and care to a platform that can take on elective procedures, chronic care management and specialty care. 

Martin expects the healthcare industry, pushed by consumer demand and the successes of using technology during the pandemic, to pressure state and federal regulators to keep guidelines in place that expand telehealth coverage and reimbursement. But he also expects the industry will see an increase in fraud and abuse, as some look to take advantage of that new normal. 

“There’s going to be some time to adjust,” he says. “Let’s just make sure we don’t back ourselves into a corner (with new legislation) that we can’t get out of.” 

‘We Know It’s a Marathon’ 

At Houston Methodist, the health system has weathered the likes of Hurricanes Allison and Harvey, not to mention the surge of people displaced by Hurricane Katrina. Stephen Spielman, Senior Vice President of the Houston Methodist Physician Organization and President of the Methodist Primary Care Group, says the seven-hospital system has learned a lot from past disasters. 

“We’ve been through this – we know how this feels,” he says. “We know it’s a marathon.” 

Spielman says the health system has been expanding its platform since partnering with American Well some three years ago on its first virtual care service, and now has a broad network of services. 

The Coronavirus pandemic, however, pushed the health system into uncharted territory. 

He says Houston Methodist’s Virtual Urgent Care service worked well in the direct-to-consumer arena – handling the increase from 30-40 visits a day to 250-300 visits – but it didn’t mesh well with the network’s Epic electronic health record, giving providers fits as they tried to conduct telehealth visits with established patients. So the health system created a second telehealth network on the Epic MyChart platform, allowing providers to integrate primary and specialty care visits with each patient’s EMR. 

“This gave us better flexibility, and our physicians loved it,” Spielman says, adding that the shift to a virtual platform took only 10 days. It’s also giving network executives the confidence to push ahead with their third connected health platform: E-visits. 

Along the way, Spielman says he’s learned some interesting lessons. 

While federal authorities loosened the guidelines for video visits through consumer-friendly platforms like Skype and FaceTime, “it’s been a little bit cumbersome to do that operationally,” he says. Those tools might be great for quick, one-off visits demanded by the epidemic, but they don’t integrate will with the health system’s telemedicine infrastructure – and likely won’t be an option when the emergency passes and some of the old rules and regulations come back into play. 

On the other hand, Spielman says he’s had great success with the Press Gainey patient surveys sent out after every telehealth encounter, giving health system executives a good idea of what patients like and don’t like about virtual care. With so many people quarantined at home, more patients have time on their hand to complete those surveys. 

At present, Spielman says Houston Methodist is ramping up its telehealth platforms to not only deal with an expected surge in Coronavirus cases, but to give patients with other needs – treatment for issues not related to the pandemic – the same access to virtual care as those with the virus. The health system is also looking to expand its telemental health offerings to help staff dealing with the stress of the pandemic. 

Looking ahead, he says the health network will look to keep the momentum going after the emergency by expanding its telehealth services for chronic care management, health and wellness and other ancillary services that have been pushed to the side to tackle the virus. 

“What we’re learning here will change healthcare permanently,” he says. “The genie is out of the bottle. Telehealth is our passion now.”

Source: https://mhealthintelligence.com/news/using-telehealth-in-a-pandemic-focus-on-flexibility-scalability

Datametrex $DM.ca Co-Bid With #Lotte To The Ministry of Health Surrounding #Covid19

Posted by AGORACOM-JC at 7:30 AM on Monday, April 6th, 2020
  • Established a join venture (JV) with LOTTE to co-bid on contracts with the Ministry of Health in South Korea
  • This is to improve accuracy and transparency in the middle of COVID-19 catastrophe on media, social media, and various other data sources

TORONTO, April 06, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has established a join venture (JV) with LOTTE to co-bid on contracts with the Ministry of Health in South Korea. This is to improve accuracy and transparency in the middle of COVID-19 catastrophe on media, social media, and various other data sources.

On April 2, 2020, Datametrex announced that it was awarded preferred vendor status with LOTTE. One of the many benefits of being a preferred vendor is the opportunity to create JV’s and co-bid on contracts with LOTTE’s support. Datametrex and LOTTE recently agreed to create a JV using its AI and other relevant technologies to improve the accuracy and transparency of data which includes ability to filter disinformation for the Ministry of Health Department in South Korea. This opportunity was initiated due to the Coronavirus and COVID-19 catastrophe. South Korea’s health department has been the leader in screening and flattening the curve and is a role model for other countries on how to manage the COVID-19 pandemic.

The Company was successful in pitching the opportunity and create a JV with LOTTE largely due to the work it has done for the US Federal Government on COVID-19 and Coronavirus.   Datametrex released a report on April 1, 2020 which clearly identified Chinese authorities manipulating social media surrounding Coronavirus and COVID-19. Their intent was to sway public opinion to negatively impact the United States Government and President Trump while positively impacting China and President Xi.

Please click the link below to view the report:

http://datametrex.com/investor/covid19-report.html

“I am thrilled to share this update with shareholders, our team has done a fantastic job fast tracking with LOTTE. The work we have done this past year training our technology in various languages such as Korean, Chinese, French, and Russian is really starting to pay off,” says Marshall Gunter, CEO of the Company

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Jeff Stevens- Co-Founder
Phone: (647) 400-8494
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Mota Ventures $MOTA.ca Acquires Over 20,000 Customers in March, Launches New Immune Support Product Line $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 9:13 PM on Sunday, April 5th, 2020
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  • Immune Support product line has been received exceptionally well by consumers
  • The total number of customers acquired by First Class CBD in March 2020 is 20,959, including 6,419 immune customers
  • Initial average spend of Cdn$218.40 per customer

VANCOUVER, BC / April 4, 2020 Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC:PEMTF) (the “Company” or “Mota“) is pleased to provide an update on the recent progress that is fueling the increase in sales for products under its First Class CBD brand. The Immune Support product line has been received exceptionally well by consumers since it launched on March 14, 2020 and has been a significant driver of growth in March. The total number of customers acquired by First Class CBD in March 2020 is 20,959, including 6,419 immune customers with an initial average spend of Cdn$218.40 per customer.

The Company will be launching a new brand, Nature’s Exclusive CBD on April 6, 2020. The new Nature’s Exclusive CBD brand will introduce a line of Immune Support and CBD products with a higher content of CBD. The Company also anticipates releasing March 2020 financial results for First Class CBD in the next few days.

“The month of March has been exceptional, with new customer signups exceeding expectations. We believe this is a testament to our ability to adapt to the fast-paced eCommerce sector and ability to identify upcoming trends in consumer demand. I am very excited with the rapid progress and look forward to releasing March results in the upcoming days,” stated Ryan Hoggan, CEO of the Company.

The initial average spend per customer was translated from US dollar into Canadian dollar using the Bank of Canada average exchange rate of 1.3953 for March 2020.

About Mota Ventures Corp.

Mota is an established eCommerce, direct to consumer provider of a wide range of CBD products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its First Class CBD and Nature’s Exclusive brands. Within Europe, its Satavida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

You’re Invited – #KABN Systems North America Online “Ask Me Anything” #Fintech Event

Posted by AGORACOM-JC at 6:49 PM on Sunday, April 5th, 2020

KABN Systems North America is in the business of verifying, managing and monetizing online Digital Identity.We’re inviting you to join our online “Ask Me Anything” event with the KABN Systems North America Team

Join Us:

Wednesday, April 15th from 12 pm to 1 pm Eastern

or

Friday April 17th  from 12pm to 1pm Eastern

Digital Data is the new “Gold”!

KABN North America empowers users to verify, protect, manage and profit from their Digital Identity.  With the recent changes to working, shopping, educating and playing from home, online usage and engagement is growing.

KABN’s business is:

  • About providing consumers with no-cost tools to manage their Digital Identity and profit from the public data.
  • Focused online making us Covid-19 resistant.
  • Relevant to 100% of the online, digital market.
  • Optimized for commercial partnerships in Financial Services, eCommerce, Education, Government, Healthcare, Technology, Gaming & more.
  • Built, scalable, proven and in market today.
  • Aligned with online revenue trends.
  • Run by a veteran team of successful industry leaders.
  • In process of a proposed RTO transaction for public listing.

KABN Systems North America Inc.

www.kabnsystemsna.com

CLIENT FEATURE: Mota Ventures $MOTA.ca Continues to Define the European CBD Market $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 1:27 PM on Friday, April 3rd, 2020
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564664/hub/MOTA_Large.png

RECENT HIGHLIGHTS

  • Immune Support Product Line Launched on March 14, 2020 Acquired over 5,500 new customers seeking natural solutions to help support their family’s immune systems, yielding an average initial order value of $189.00 USD.
  • First Class CBD brand achieved sales of Cdn$2,981,000 February 2020
  • Marketing efforts improved gross margins by 4.9% from January 2020 to February 2020.
  • February 2020 revenue represents an increase of 832% over the same period last year.
  • Plans to continue growth of First Class in the United States over the balance of 2020, as well as an expansion into the European market.

Formalized Joint Venture With Bevcanna Enterprises: Read More

Will share equal ownership in the Joint Venture and will be jointly responsible for developing and funding its operations

Company will provide manufacturing, marketing and distribution infrastructure in the European market.

Parties have determined an initial product launch and will provide further details on specific regions and timing once finalized

Formalized Collaboration for Sativida US Expansion Read More 

Acquired the intellectual property and trade names of Sativida

Unified Funding will provide assistance to Sativida with product sourcing, packaging, shipping, payment infrastructure and marketing

Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico

Entered into Licensing Agreement with Phenome One Read More

A privately held full-service live genetic and seed preservation cannabis company.

Mota will have full access to Canada’s largest live genetic cannabis library with over 350 cultivars

Mota will have the right to propagate, cultivate, harvest and process a minimum of 10 selected cultivars

2 World Class Brands:

#1. FIRST CLASS CBD: ONE OF THE LARGEST US BASED ONLINE RETAILERS OF CBD PRODUCTS

HIGHLIGHTS:

  • Leader in online CBD sales in North America
  • Crop to package model: US grown CBD hemp
  • Acquired at a 1.5 times revenue valuation
  • Current customer base 142,000 customers -with additional leads of over 424,000 potential new customers
  • 2019 Sales of $19.2M USD/ EBITDA of 2.7M USD

  #2. SATIVIDA: ONLINE DIRECT TO CONSUMER RETAILER OF A VAST RANGE OF ORGANICE CBD OILS AND COSMETICS

HIGHLIGHTS:

  • Current distributor of CBD products in Spain, Portugal, Austria, Germany, France and the United Kingdom
  • Number one search-ranked online retailer in Spain and Mexico
  • Award winning product line known for its minimal heavy metal content and accurate CBD levels
  • 100% organic products

About Mota Ventures Corp.

Mota Ventures is seeking to become a vertically integrated global CBD brand. Its plan is to cultivate and extract CBD into high-quality value added products from its Latin American operations and distribute it both domestically and internationally. Mota has established distribution networks through the acquisition of First Class CBD in the United States and Sativida in Europe. Mota Ventures is also seeking to acquire revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.

Hub on Agoracom

FULL DISCLOSURE: Mota Ventures. is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: CardioComm Solutions $EKG.ca – Putting Your Heartbeat Into The Cloud For Instant Diagnostics $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 12:40 PM on Friday, April 3rd, 2020

Global Leaders in Mobile  ECG Connectivity

  • 20 years of medical credibility licensing technologies to hospitals, physicians, remote patient monitoring  platforms, research groups and commercial call centers
  • Sold into > 20 countries, with the largest customer base located in the US
  • Class II medical device clearances and device agnostic for collecting, viewing, recording, analyzing and  storing of ECGs for management of patient and consumer health
  • ECG solutions for both consumer (OTC) and medical (Rx) markets
  • Owns all IP and source code
  • Market expert contributor for reports in m‐health, mobile cardiac monitoring and new advances in  consumer health and wellness monitoring

Recent Highlights

CardioComm Solutions Partners with CareOS to Bring Consumer ECG Monitoring into the Connected Home

  • Entered into a partnership agreement with CareOS SAS (France), a subsidiary of Baracoda Group, to provide consumer ECG monitoring technologies through the CareOS Poseidon smart mirror health and beauty hub
  • The partnership will see CardioComm’s FDA and Health Canada cleared GEMS™ ECG management software and Smart Monitoring ECG reading service integrated into the touch and gesture controlled smart mirror
  • GEMSTM software will be capable of recognizing ECG devices made by multiple device manufacturers which will permit CareOS customers more options in choosing a device of their preference.

Industry News

Company Accolades

FULL DISCLOSURE: CardioComm Solutions Inc. is an advertising client of AGORA Internet Relations Corp.

Gold Dealers Report Big Shortages of Small Bars and Coins SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 11:27 AM on Friday, April 3rd, 2020

SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Recently acquired 14km of the potential extension of the new discovery by New Found Gold’s Queensway project to the south. Click Here for More Info

  • Small gold bars and coins are in high demand from consumers
  • The size of different products is a key reason for the crunch

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers.

When people are worried about the future they turn to gold to protect their savings. That’s rarely been more true than today.

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers. Those who do manage to get their hands on metal have to pay up –- well above the per-ounce prices being quoted on financial markets in London and New York.

Some dealers are desperately contacting clients to see if anyone is willing to sell their gold bars and coins, and offering a rare premium over spot prices. Others have given up trying to trade altogether.

“People want to buy, not to sell gold,” said Mark O’Byrne, the founder of GoldCore, a dealer based in Dublin. “We have a buyers’ waiting list and we emailed our clients seeing who wished to sell their gold. At this time there is roughly only one or two sellers for every 99 buyers.”

Size is a key reason for the crunch. While there’s plenty of gold in a big trading hub like London, banks and other institutional investors there typically use large bars of 400 ounces. That’s not practical for a regular person who may not want to cough up more than $600,000 for a single bar. Instead, retail investors prefer kilobars (about 32 ounces), 1-ounce bars and coins, or something even smaller.

Those smaller items are getting hard to find for several reasons. First, of course, demand has exploded. But there’s also been pressure on supply, as global travel shuts down and some refineries and mints have stopped operating or capped production because of local lockdowns.

Premiums in the retail market “have exploded,” said Markus Krall, chief executive of German precious-metals retailer Degussa. The average price of products in shops is somewhere between 10% and 15% over spot prices, which he’s never seen before, Krall said. Demand, too, is at the highest level he’s experienced.

Certain products also command more of a premium than others. Kilobars manufactured by Argor-Heraeus SA, one of the big Swiss refiners whose plant has been closed since last week due to the health crisis, were selling for over 6% above spot, said Ronan Manly, an analyst at Singapore dealer BullionStar.

“We are seeing an unprecedented situation where huge customer demand and the disconnect between physical prices and spot prices is driving buy premiums high,” he said. Spot prices coming from London or New York “are completely detached from the reality on the ground.”

Source: https://www.bloomberg.com/amp/news/articles/2020-04-02/want-a-gold-bar-under-your-mattress-get-in-line-and-pay-up

Which Countries Across the World Control the Most Gold? Here’s the Top 25 SPONSOR: American Creek Resources $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 9:54 AM on Friday, April 3rd, 2020

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The nations of the world had 34,700 tons of gold reserves, as of January 2020.

Countries maintain gold reserves to stabilize currency against hyperinflation, particularly in the event of a major crisis like the one many economies worldwide currently face as a result of the coronavirus pandemic. Relatively few countries, however, have large gold reserves. In fact, over 80% of the world’s national gold reserves is held by the central banks and finance ministries of just 25 countries. 

To determine the countries that control the world’s gold, 24/7 Wall St. reviewed data on gold reserves by country in tonnes – or metric tons – as of January 2020 from the World Gold Council. Data on gold as a share of a country’s total foreign exchange reserves also came from the WGC and is current as of January 2020. 

The value of a country’s gold reserves in U.S. dollars was calculated using exchange rates current as of March 13, 2020. GDP and GDP per capita figures in 2018 are from the World Bank and are in constant 2011 international dollars. Data on population is also from the World Bank and is for 2018 or for the most recent period available.

Many, but not all of the countries on this list, are among the wealthiest nations on Earth, as these countries are able to buy up substantial gold reserves. These are the 25 richest countries in the world. 

While some countries on this list have obtained gold reserves by purchasing from other countries, many of the nations with the biggest gold reserves, such as China, the United States, and Russia, are also the top gold-producing countries. China, the largest producer of gold in the world, alone accounted for 14% of global gold production in 2016. 

25. Venezuela

• Gold reserves as of January 2020: 161.2 tonnes

• Gold reserves in USD as of January 2020: $8.1 billion

• Gold as % of total foreign exchange reserves: 81.0%

• GDP: $271 billion ($9,402 per capita)

• Population: 28.9 million

24. Algeria

• Gold reserves as of January 2020: 173.6 tonnes

• Gold reserves in USD as of January 2020: $8.7 billion

• Gold as % of total foreign exchange reserves: 11.6%

• GDP: $580 billion ($13,737 per capita)

• Population: 42.2 million

23. Philippines

• Gold reserves as of January 2020: 197.9 tonnes

• Gold reserves in USD as of January 2020: $9.9 billion

• Gold as % of total foreign exchange reserves: 11.2%

• GDP: $847 billion ($7,943 per capita)

• Population: 106.7 million

22. Belgium

• Gold reserves as of January 2020: 227.4 tonnes

• Gold reserves in USD as of January 2020: $11.4 billion

• Gold as % of total foreign exchange reserves: 39.5%

• GDP: $498 billion ($43,582 per capita)

• Population: 11.4 million

21. Poland

• Gold reserves as of January 2020: 228.6 tonnes

• Gold reserves in USD as of January 2020: $11.5 billion

• Gold as % of total foreign exchange reserves: 9.3%

• GDP: $1.1 trillion ($28,786 per capita)

• Population: 38 million

20. Austria

• Gold reserves as of January 2020: 280.0 tonnes

• Gold reserves in USD as of January 2020: $14.1 billion

• Gold as % of total foreign exchange reserves: 56.1%

• GDP: $409 billion ($46,260 per capita)

• Population: 8.8 million

19. Spain

• Gold reserves as of January 2020: 281.6 tonnes

• Gold reserves in USD as of January 2020: $14.1 billion

• Gold as % of total foreign exchange reserves: 19.1%

• GDP: $1.6 trillion ($34,831 per capita)

• Population: 46.7 million

18. Lebanon

• Gold reserves as of January 2020: 286.8 tonnes

• Gold reserves in USD as of January 2020: $14.4 billion

• Gold as % of total foreign exchange reserves: 27.3%

• GDP: $79 billion ($11,607 per capita)

• Population: 6.8 million

17. United Kingdom

• Gold reserves as of January 2020: 310.3 tonnes

• Gold reserves in USD as of January 2020: $15.6 billion

• Gold as % of total foreign exchange reserves: 9.3%

• GDP: $2.7 trillion ($40,522 per capita)

• Population: 66.5 million

16. Saudi Arabia

• Gold reserves as of January 2020: 323.1 tonnes

• Gold reserves in USD as of January 2020: $16.2 billion

• Gold as % of total foreign exchange reserves: 3.2%

• GDP: $1.7 trillion ($49,101 per capita)

• Population: 33.7 million

15. Uzbekistan

• Gold reserves as of January 2020: 333.7 tonnes

• Gold reserves in USD as of January 2020: $16.8 billion

• Gold as % of total foreign exchange reserves: 56.7%

• GDP: $250 billion ($7,592 per capita)

• Population: 33 million

14. Portugal

• Gold reserves as of January 2020: 382.5 tonnes

• Gold reserves in USD as of January 2020: $19.2 billion

• Gold as % of total foreign exchange reserves: 76.8%

• GDP: $298 billion ($28,999 per capita)

• Population: 10.3 million

13. Kazakhstan

• Gold reserves as of January 2020: 386.5 tonnes

• Gold reserves in USD as of January 2020: $19.4 billion

• Gold as % of total foreign exchange reserves: 67.1%

• GDP: $452 billion ($24,738 per capita)

• Population: 18.3 million

12. Taiwan, province of China

• Gold reserves as of January 2020: 422.4 tonnes

• Gold reserves in USD as of January 2020: $21.2 billion

• Gold as % of total foreign exchange reserves: 4.3%

• GDP: N/A

• Population: N/A

11. Turkey

• Gold reserves as of January 2020: 428.7 tonnes

• Gold reserves in USD as of January 2020: $21.5 billion

• Gold as % of total foreign exchange reserves: 21.8%

• GDP: $2.1 trillion ($25,358 per capita)

• Population: 82.3 million

10. Netherlands

• Gold reserves as of January 2020: 612.5 tonnes

• Gold reserves in USD as of January 2020: $30.8 billion

• Gold as % of total foreign exchange reserves: 70.2%

• GDP: $858 billion ($49,787 per capita)

• Population: 17.2 million

9. India

• Gold reserves as of January 2020: 635 tonnes

• Gold reserves in USD as of January 2020: $31.9 billion

• Gold as % of total foreign exchange reserves: 7%

• GDP: $9.3 trillion ($6,888 per capita)

• Population: 1.4 billion

8. Japan

• Gold reserves as of January 2020: 765.2 tonnes

• Gold reserves in USD as of January 2020: $38.4 billion

• Gold as % of total foreign exchange reserves: 2.9%

• GDP: $5 trillion ($39,294 per capita)

• Population: 126.5 million

7. Switzerland

• Gold reserves as of January 2020: 1,040.0 tonnes

• Gold reserves in USD as of January 2020: $52.3 billion

• Gold as % of total foreign exchange reserves: 6.2%

• GDP: $505 billion ($59,317 per capita)

• Population: 8.5 million

6. China

• Gold reserves as of January 2020: 1,948.3 tonnes

• Gold reserves in USD as of January 2020: $97.9 billion

• Gold as % of total foreign exchange reserves: 3.1%

• GDP: $22.5 trillion ($16,182 per capita)

• Population: 1.4 billion

5. Russia

• Gold reserves as of January 2020: 2,279.2 tonnes

• Gold reserves in USD as of January 2020: $114.5 billion

• Gold as % of total foreign exchange reserves: 20.6%

• GDP: $3.8 trillion ($24,791 per capita)

• Population: 144.5 million

4. France

• Gold reserves as of January 2020: 2,436.0 tonnes

• Gold reserves in USD as of January 2020: $122.4 billion

• Gold as % of total foreign exchange reserves: 63.6%

• GDP: $2.6 trillion ($39,556 per capita)

• Population: 67 million

3. Italy

• Gold reserves as of January 2020: 2,451.8 tonnes

• Gold reserves in USD as of January 2020: $123.2 billion

• Gold as % of total foreign exchange reserves: 69.3%

• GDP: $2.2 trillion ($35,828 per capita)

• Population: 60.4 million

2. Germany

• Gold reserves as of January 2020: 3,366.5 tonnes

• Gold reserves in USD as of January 2020: $169.1 billion

• Gold as % of total foreign exchange reserves: 74%

• GDP: $3.8 trillion ($45,936 per capita)

• Population: 82.9 million

1. United States

• Gold reserves as of January 2020: 8,133.5 tonnes

• Gold reserves in USD as of January 2020: $408.7 billion

• Gold as % of total foreign exchange reserves: 77.9%

• GDP: $18.2 trillion ($55,719 per capita)

• Population: 327.2 million

SOURCE: https://www.usatoday.com/story/money/2020/04/02/countries-that-control-the-worlds-gold/111459474/

24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.

BMO Hikes #Gold Forecast; Prices ‘Natural Beneficiary’ of Low interest Rates SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 8:03 PM on Thursday, April 2nd, 2020

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BMO Capital Markets upgraded its forecast for gold prices Wednesday while downgrading the outlook for many other commodities.

BMO sees gold averaging $1,660 an ounce in the second quarter and rising to $1,700 in the fourth. The bank’s full-year forecast is now at $1,654, increasing to $1,698 next year.

The bank looks for silver to average $15.50 an ounce in the second quarter, then $18.50 in the next two quarters, with a full-year average of $17.18. The 2021 outlook was put at $18.05.

A previously expected global economic and industrial recovery in 2020 has been “stopped in its tracks” by the COVID-19 pandemic, BMO said. Businesses are shutting down around the world to slow the spread of the virus. As a result, the bank now expects a 0.8% contraction in global industrial production this year, the first slowdown since 2009.  â€œAnd as a result, we have revised down our 2020 outlook across many of the commodities we cover, while pushing gold expectations higher,” BMO said.

Nevertheless, prices for all commodities – with the exception of iron ore – are likely to be higher next year, as supportive government stimulus efforts take hold, BMO said.

“We see gold as a natural beneficiary of even lower global interest rates and its safe-haven status should receive another airing in 2020,” BMO said. “Meanwhile, we see silver as not only hanging on gold’s coattails, but also potentially outperforming should governments move towards fiscal spending on 5G and solar technology.”

Analysts pointed out that after the 2008 global financial crisis, gold and silver prices recovered months ahead of the global industrial economy.

Meanwhile, BMO said the platinum and palladium markets are likely to be volatile with both weaker auto sales and supply. However, since palladium stocks are already low, another price rally is likely when the auto industry restarts, BMO continued.

Platinum is seen averaging $950 an ounce in the second quarter and $1,000 in the fourth, with a full-year forecast of $971. Palladium is seen averaging $2,500 in the second quarter but falling to $2,250 in the fourth for a full-year average of $2,313.

BMO said its biggest downward revision to commodity prices in 2020 was in copper, but the outlook for other base metals was also lowered, including aluminum, zinc and nickel. These are all industrial metals. Copper is seen averaging $2.27 a pound in the second quarter and $2.33 for the full year.

Source: https://www.kitco.com/news/2020-04-01/BMO-hikes-gold-forecast-prices-natural-beneficiary-of-low-interest-rates.html