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Enthusiast Gaming $EGLX.ca – #Esports: exciting, electronic and expanding $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 9:59 AM on Friday, August 9th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

EGLX: TSX-V

ESports: exciting, electronic and expanding

Dong Jun / SHINE

  • In the first six months of this year, eSports revenue in China rose 11 percent from a year earlier to 46.5 billion yuan. The industry draws in some 500 million people.

Visitors try new digital games at the ChinaJoy expo that closed earlier this week in Shanghai. ESports has become big business — a whirlwind of fans, professional players, gaming gear, prize events, broadcasting and training sessions. 

Iamawater, a veteran player of the game Dota 2, said he is considering paying about 10,000 yuan (US$1,429) for tickets and travel costs to the International DOTA 2 Championships to be held in Shanghai in two weeks.

It’s a top global eSports event and the first time the tournament is being held in China. The prize pool has risen to a staggering US$32 million.

Tickets to the final tournament session sold out within seconds after appearing in official sales channels. Scalpers are now hawking tickets at up to 10,000 yuan, nearly fourfold of the official price.

“The tournament is equal to the World Cup to me and other players,” said Iamawater, a gaming name for a man who works as a manager at a medical firm in Beijing. “It means even more when it’s held in Shanghai, with some advanced Chinese squads participating.”

ESports has become big business — a whirlwind of fans, professional players, gaming gear, prize events, broadcasting and training sessions. The phenomenon was called the “NBA or World Cup in the digital world” by some officials at the ChinaJoy digital entertainment expo that closed earlier this week in Shanghai.

In the first six months of this year, eSports revenue in China rose 11 percent from a year earlier to 46.5 billion yuan. The industry draws in some 500 million people.

During the ChinaJoy Expo and Conference, firms like Tencent, Perfect World, NetEase, Nvidia and Vivo all announced investment and strategies in eSports.

“It’s no longer a sub-category of the gaming industry, said Chi Yufeng, chairman of Perfect World, which assists in organizing the coming TI9 event in Shanghai.

The location is fitting. Shanghai accounts for one-third of domestic game market income and has plans to develop the city into a global eSports hub within three to five years.

In 2018, the city’s eSports industry raked in 14.6 billion yuan in revenue.

The development of eSports is a “city-level strategy” that will fuel the development of various industries and create a new business ecosystem, according to Yu Xiufen, director of Shanghai’s culture and tourism administration.

Ludwig Wahlberg spent his 22th birthday on August 5 in Shanghai, several thousand miles from his home in Sweden. As a professional eSports player on Team Secret, he and his team members have been spending up to 12 hours a day preparing for the upcoming tournament at the GeForce Boot Camp in Shanghai, Nvidia’s first and only GeForce eSports studio in China.

The camp offers professional computers and gear, including chairs specifically designed for eSports gaming

Sun Yan

Swedish eSports player Ludwig Wahlberg (left) spent his 22th birthday earlier this month in training with team members at the GeForce Boot Camp in Shanghai, Nvidia’s first and only such camp in China. 

Window into eSports

At Chinajoy, NetEase announced it will invest 5 billion yuan to establish an eSports industrial park in the Qingpu District. It will cover eSports research, venues, talent training and related sectors, said Ding Yingfeng, president of NetEase Games.

Smartphone vendors, including Vivo and Oppo, and chip designer Qualcomm displayed their latest technologies at the expo, with mobile eSports a centerpiece. That sector has huge potential in China, with the world’s largest mobile user base and its active development of 5G.

“5G will be a big boost for eSports, while its integration into many platforms will open up many other possibilities,” said Chi of Perfect World.

During ChinaJoy, Vivo launched its first 5G smartphone, with features like cloud games and eSports, thanks to improved calculation capacity and faster 5G speeds.

Vivo also displayed a virtual eSports team called Supex, with artificial intelligence features. It was co-developed by Vivo, Tencent AI Lab and Qualcomm.

At the expo, Shanghai officials announced guidelines for the construction of eSports venues and the first eSport masters tournament, to be held this November and December.

To become a global eSports hub requires development of top-tier tournaments, professional players, venues, audiences, eSports leagues and broadcasting and training facilities.

“Shanghai has most of those conditions and has made efforts to improve the whole eSports ecosystem,” said Jams Zhang, general manager of Nvidia China.

Nvidia, the world’s biggest computer graphic firm, has been a major contributor to that progress. Besides offering powerful graphic devices supporting eSports games, the company has offered tools for game broadcasting and created a camp for eSports training.

According to Shanghai guidelines, eSports venues will be categorized into four types based on size and capacity. A-level venues must be able to accommodate more than 10,000 people and host world-class events. Other venues will be used for national and regional game events, and livestream videos and host tryouts.

Li-Ning Gaming eSports, a new division of the sportswear company, said the potential of eSports in China will influence the industry far beyond its borders.

“We want to offer team management and related services for eSports tournaments and leagues, based on our long-term experience in the industry,” said Stella Li, executive director of Li-Ning Gaming eSports.

Perfect World has also cooperated with local academies to train eSports talent, including players, team managers and event organizers.

“I am looking forward to the event,” Iamawater said of the coming tournament in Shanghai. “Even if I have to watch broadcasting events to support my favorite team LGD.”

Source: https://www.shine.cn/biz/tech/1908099911/

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Esports Entertainment Group $GMBL – #Esports exec: ‘Every day, a #baseball fan dies, and two #gaming fans are born’ $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 3:23 PM on Thursday, August 8th, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

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Esports exec: ‘Every day, a baseball fan dies, and two gaming fans are born’

  • “Every day, a baseball fan dies, and two gaming fans are born. And there’s truth in that,” Ari Segal, IGC CEO, told Yahoo Finance’s On the Move. “So, I think the greatest expansion is going to just come from the generational kind of aging out of what you would currently think of or characterize as adults, and the birth of young people, who grow up in a world that’s digitally native.”-

Ralston Ramsay August 7, 2019

Professional esports is exploding and Immortals Gaming Club (IGC) has its eye on the next generation of gamers as it expands its revenue streams.

Launched in 2015, IGC reaches more than 35 million gamers and brings them together to play on teams across every major league. It recently bought Infinite Esports, OpTic Gaming parent company, for $100 million — the largest deal in esports history.

“Every day, a baseball fan dies, and two gaming fans are born. And there’s truth in that,” Ari Segal, IGC CEO, told Yahoo Finance’s On the Move. “So, I think the greatest expansion is going to just come from the generational kind of aging out of what you would currently think of or characterize as adults, and the birth of young people, who grow up in a world that’s digitally native.”

The biggest segment right now in terms of esports growth is 13- to 17-year-olds., according to Segal. “We certainly expect that that segment will continue to accelerate and adopting competitive gaming in all forms. And that is new young people are born and mature, that they will become the fastest growing segment pretty soon.”

‘More like traditional sports’

While IGC continues to attract a younger audience, it also is moving toward a direct-to-consumer model. So far, most of the company’s revenue comes from sponsorships and media rights. IGC plans to host more events like the Activision Blizzard’s LA home stand Overwatch League August 24 and 25 at LA Live, where it can sell tickets to consumers.

“Not only do we get the ticket revenue but there’s all the downstream revenue. There’s merchandise and parking and food and beverage and also access to first party data,” Segal explained.   Members of the teams ‘NAVI.GG.BET’ and ‘Ninjas in pyjamas’ compete during the ESL ONE Counter-Strike video game tournament at the Lanxess Arena in Cologne, western Germany, on July 5, 2019. (Photo by INA FASSBENDER / AFP) (Photo credit should read INA FASSBENDER/AFP/Getty Images)

Competitive gaming will look “more like traditional sports from a monetization standpoint,” said Segal, adding that IGC’s deal with K-Swiss “represents a little bit of a three dimensional approach to monetization.”

In addition to a sponsorship deal with the athletic shoemaker, IGC has developed a performance shoe for gamers. “This is actually a shoe developed by gamers for gamers and for use in competitive gaming. It’s the first performance shoe in gaming,” he said. “It’ll give the player complete control while they’re playing so that they never need to think about their shoe, or their foot or anything else. They can focus purely on the task at hand [game play].”

Source: https://finance.yahoo.com/news/esports-exec-every-day-a-baseball-fan-dies-and-two-gaming-fans-are-born-esports-exec-154701208.html

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Spyder Cannabis $SPDR.ca – U.S. #CBD Sales to Grow an Average of 107% Annually Through 2023 $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 2:56 PM on Thursday, August 8th, 2019

SPONSOR: Spyder Cannabis Inc. (TSX-V: SPDR) An established chain of high-end vape stores in Ontario, Canada. The company has an aggressive expansion plan already in place that will focus on Canadian retail and US Hemp-Derived kiosks in high traffic areas. Click here for more info.

(TSX-V: SPDR)

A new report projects nearly $24 billion in U.S. cannabidiol sales by 2023.

By: Sean Williams

  • It’s no secret by now that the marijuana industry is a big-money business.
  • Having grown from $3.4 billion in legal global sales in 2014 to hit nearly $11 billion worldwide in 2018, it demonstrates just how quickly “going green” is catching on with consumers and investors.

However, there’s a potentially larger growth trend contained within the cannabis movement that investors simply have to know about: Cannabidiol (CBD).

Image source: Getty Images.

CBD growth could be off the charts

Cannabidiol is the nonpsychoactive cannabinoid that’s best known for its perceived medical benefits. Since products infused with CBD don’t get the user high, it has substantially broader appeal than products containing tetrahydrocannabinol (THC), the cannabinoid that gives consumers a buzz.

Further, CBD can be extracted from both the cannabis and hemp plant, whereas THC derives almost entirely from the cannabis plant, since hemp often contains very low levels of THC. Hemp plants are considerably cheaper to grow than cannabis, making hemp the preferred crop choice for CBD extraction.

The big question is: Just how big could the CBD market be?

Predictive analysis and market research company Brightfield Group believes it has the answer.

In a newly released report from Brightfield, the company is calling for year-over-year CBD product sales growth in the United States of 706% in 2019 to around $5 billion — not a typo – and sales of $23.7 billion by 2023. Comparatively, about $620 million worth of CBD products were sold last year in the United States (based on 706% growth to $5 billion). Growing CBD revenue from about $620 million in 2018 to $23.7 billion by 2023 works out to (drum roll) a compound annual growth rate (CAGR) of a whopping 107%! Compare that to some of the most robust broad-based growth estimates for cannabis, which call for a CAGR of around 25%, and you can see why CBD is all the buzz (without creating an actual buzz) on Wall Street.

Probably the next question on your mind is: How is such phenomenal growth possible?

According to the Brightfield Group, there are a number of catalysts fueling CBD’s rise.

Image source: Getty Images.

General retailers are stepping up

First, it sees significant sales growth from the entrance of major pharmacy chains into the CBD space. As you may be aware, CVS Health (NYSE:CVS) kicked things off in March by announcing plans to carry CBD topicals in approximately 800 stores across eight states. Walgreens Boots Alliance (NASDAQ:WBA) followed suit just days later by announcing its intention to carry CBD topicals in 1,500 stores in a handful of states. Rite Aid (NYSE:RAD) was last to join the party, with the company carrying CBD topicals in Washington and Oregon.

Traditionally, pharmacy chains are a low-margin business. Though the bulk of profits are derived from the pharmacy side of the equation, front-end store products are what can drive consumer loyalty and foot traffic. By adding CBD products to their stores, CVS Health, Walgreens Boots Alliance, and Rite Aid, are likely hoping that it brings in repeat business and new consumers.

Don’t overlook the role CVS Health, Walgreens, and Rite Aid have played in paving the way for other general retailers to carry CBD products. National grocery chain Kroger (NYSE:KR) recently announced plans to carry CBD items in 17 states, with Harvest Health & Recreation landing a game-changing partnership to supply CBD products to at least 10,000 gas-station convenience stores.

Image source: Getty Images.

Canadian licensed producers will soon make their mark

Secondly, Brightfield Group notes that Canadian marijuana producers entering the U.S. hemp market are bound to make a splash.

To date, nearly half of Canada’s major growers (i.e., those capable of at least 100,000 kilos of cannabis output per year) have announced their intention to enter the U.S. hemp market. This has been made possible as a result of President Trump signing the farm bill into law in December. This law legalizes the industrial production of hemp and hemp-derived CBD.

Read More: https://www.fool.com/investing/2019/07/14/us-cbd-sales-to-grow-an-average-of-107-annually-th.aspx

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CLIENT FEATURE: Great Atlantic’s $GR.ca Golden Promise located in Emerging Gold District $SIC.ca $MOZ.ca $AGB.cat

Posted by AGORACOM at 11:25 AM on Thursday, August 8th, 2019
  • Golden Promise located in the Victoria Lake Supergroup, whith over 130 VMS deposits and occurrences, including 30 significant deposits and prospects.
  • Golden Promise neighbors Marathon Golds 4.2m gold resource
  • Drilling has focused on small area called Jaclyn Main Zone where multiple quartz veins comprise the resource
  • Jaclyn Main quartz vein system is open ended with a strike dimension of 975m and open vertical depthextension of 400m

HUB on Agoracom

FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

Posted in All Recent Posts | Comments Off on CLIENT FEATURE: Great Atlantic’s $GR.ca Golden Promise located in Emerging Gold District $SIC.ca $MOZ.ca $AGB.cat

Tartisan #Nickel $TN.ca – Nickel soars on talk of #Indonesia export ban $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:50 AM on Thursday, August 8th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black
TN: CSE
Fact Sheet
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  • Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade
  • Three-month nickel on the London Metal Exchange rallied as much as 12.7%

SINGAPORE — Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indonesia could soon ban exports of ore.

Three-month nickel on the London Metal Exchange rallied as much as 12.7%, its strongest one-day jump since 2009, while the most-traded nickel contract on the Shanghai Futures Exchange rallied to 124,890 yuan ($17,736.53) a tonne, its highest on record.

Traders and analysts cited market chatter that major nickel ore supplier Indonesia, which also supplies tin, would soon ban exports of some ores.

“I just heard that there will be a regulation released in the near future, but details are unclear,” said a nickel analyst.

London tin rallied 2.3% and Shanghai tin jumped 2.1% by 0200 GMT.

“People believe the ban is coming,” said an executive at a major nickel producer in Indonesia.

Source: https://business.financialpost.com/pmn/business-pmn/nickel-soars-on-talk-of-indonesia-export-ban

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GGX Gold $GGX.ca – China Scoops Up More Gold for Reserves During Trade War $XIM.ca $K.ca $GOM.ca

Posted by AGORACOM at 10:48 AM on Thursday, August 8th, 2019

SPONSOR: GGX Gold Corp (TSX-V: GGX) GGX’s Gold Drop Property resides within a multi-million ounce gold producing region in British Columbia. The property holds the C.O.D. Vein and recently discovered Everest Vein. GGX has initiated 2019 drilling at Gold Drop. Click Here for More Info

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  • Beijing wants more gold in its reserves.
  • China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December.
  • The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website.
  • In tonnage terms, the inflow was close to 10 tons, following the addition of about 84 tons in the seven months to June.
https://www.newsmax.com/Newsmax/files/1e/1e2a6f95-5225-4b09-827b-bbb3e764ebc0.jpg

There’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold in its reserves.

China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website. In tonnage terms, the inflow was close to 10 tons, following the addition of about 84 tons in the seven months to June.

Gold has rallied in 2019 to a hit a six-year high as global growth stutters, central banks including the Federal Reserve eased policy, and the festering trade war all combined to bolster demand. Increased central-bank buying from China to Russia and Poland has helped to buttress consumption at a time of rising prices. This week, the conflict between Washington and Beijing worsened as the yuan was allowed to breach a key level, reinforcing the case for havens.

“It is important for the country to diversify away from the U.S. dollar,” Philip Klapwijk, managing director at consultant Precious Metals Insights Ltd., said before the PBOC’s latest figure was released. “Over the long run, even relatively small-scale gold purchases add up and help to meet this objective.”

Gold futures rose as much as 1.3% to $1,503.30 an ounce on Wednesday, the highest since 2013, before trading at $1,500.70 at 11:26 a.m. in London.

“This fits with China’s well established pattern of increasing gold reserves month after month but not in a large enough volume to disrupt the gold market,” said Ross Strachan, a senior commodities economist at Capital Economics Ltd. “We expect them to continue this trend as part of their long-term strategy to diversify their foreign exchange reserves.”

Central banks continued to load up on gold this year, helping push total bullion demand to a three-year high in the first half, according to the World Gold Council. That trend is expected to continue, with a survey of central banks showing 54% of respondents expect holdings to climb in the next 12 months.

“Bear in mind that China is the largest mine producer of gold in the world,” Klapwijk added. “The state can always buy local mine production using” local currency, he said.

SOURCE: https://www.newsmax.com/finance/markets/china-gold-reserves-trade-war/2019/08/07/id/927608/

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CLIENT FEATURE: Applied BioSciences $APPB – Leveraging Science Based Cannabinoid for Future Success $CGRW $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca

Posted by AGORACOM at 10:46 AM on Thursday, August 8th, 2019
(OTCQB:APPB)
  • Key Management appointments, including Raymond W. Urbanski MD, PhD, former business unit Chief Medical Officer at Pfizer Inc., as Chief Executive Officer provides extensive industry leading expertise, strategic focus and discipline on the execution of corporate initiatives
  • Purposefully built strategic business units focused on leveraging science-driven cannabinoid research to address areas of significant unmet needs and access growing markets

Corporate Highlights

  • Renewed strategy focused on leveraging endocannabinoid system to develop high-value products across three separate business units, including:
  • Biopharmaceuticals: goal to develop novel therapeutics to treat serious diseases across a range of therapeutic areas, including metabolic, peripheral neuropathy and progressive lung disease
  • CBD Products: multiple brands offering high-quality CBD products to the highest regulatory standards;
  • Bolstered leadership team with highly qualified individuals including Raymond W. Urbanski MD, PhD, as Chief Executive Officer, former business unit Chief Medical Officer at Pfizer Inc. and well-established industry leading expert with over 20 years of experience in clinical development, research and pharmaceutical industry expertise across oncology, cardiology, endocrinology, and immunology;
  • Appointed Martin Schroeder to the Scientific Advisory Board and as President of Applied BioPharma. Mr. Schroeder has over 30 years of experience in the pharmaceutical and biotech industries and has helped many biotech and pharmaceutical companies conduct search and evaluation of compounds and molecules;
  • Launched multiple new products and expanded into the Beverage and Health / Wellness category with Remedi Spa and Remedi Beverage and Shot;
  • Commenced discussions regarding proposed scientific trials with two leading Universities specializing in Veterinary Medicine;
  • Announced the acquisition of Trace Analytics with over 65 years of combined experience in the global testing market for Cannabis and Hemp;
  • Partnered with Boxing Heavyweight Champion, Shannon “The Cannon” Briggs to launch Champ Organics, an athlete-focused cannabidiol (“CBD”) based health and wellness supplements product line that enhances training and recovery; and
  • Launched robust business development initiative to build biopharmaceuticals pipeline.

About Applied BioSciences Corp.
Applied BioSciences Corp. (www.appliedbiocorp.com), is a diversified company focused on multiple areas of the medical, bioceutical and pet health industry. As a leading company in the CBD and Pet health space, the company is currently shipping to the majority of US states as well as to 5 International countries.  The company is focused on select investment, consumer brands, and partnership opportunities in the recreational, health and wellness, nutraceutical, and media industries.

About Trace Analytics Inc.
Trace Analytics Inc. is a leading cannabis science and technology company with significant footprints in lab testing, research and development and licensing. Trace Analytics was started by a group of scientists who specialized in analytical chemistry, genetics and molecular biology.  The focus of the team is to ensure compliance with public safety standards and end user safety. Trace Analytics is in the process of expanding throughout the United States, and globally. With the goal of helping the rest of the world adopt “best practices” in cannabis and hemp testing, the company also provides expert consulting services to legislators and regulators in many countries, states and municipalities around the world. For more information, please visit: http://traceanalytics.com

Contact
Email: [email protected]  or [email protected] Official Website: www.appliedbiocorp.com / www.traceanalytics.com

Brands:
www.remedishop.com
www.herbalpet.com
www.canagel.com

Follow us:
Facebook @remedicbd & @HerbalPetMeds
Instagram @remedishop & @herbal_pet
Twitter @remedishop & @herbal_pet

Link to AppliedBioSciences Hub

FULL DISCLOSURE: Applied BioSciences is an advertising client of AGORA Internet Relations Corp

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Labrador Gold $LAB.ca Russia and China ‘Furiously’ Buying Up Gold As “a Global Currency Crisis – Albeit Unstated – is Underway” $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 9:50 AM on Thursday, August 8th, 2019

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 over a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Click Here for More Info

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(TSX-V: LAB)
  • China has been quietly stockpiling gold for years now
  • No one knows just exactly how much gold China has amassed
  • Lots of other countries are rapidly buying up gold, too, including – Serbia, Greece, Ecuador, Mexico, Kazakhstan, Kyrgyzstan, and Tajikistan.
  • The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year

A larger global currency shift is underway… And it may be happening much more quickly than anyone has realized.

Things are definitely in motion. Call it a game of musical chairs, or an exercise in rearranging chairs on the Titanic, or just that a tilting balance of power. Just don’t make the mistake of thinking this is all routine.

As Michael Snyder just reported:

The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. 

[…]

And these are just the losses that we know about so far.  It will be many months before the full scope of the financial devastation caused by the Swiss National Bank is fully revealed.  But of course the same thing could be said about the crash in the price of oil that we have witnessed in recent weeks.  These two “black swan events” have set financial dominoes in motion all over the globe.  At this point we can only guess how bad the financial devastation will ultimately be.

The key to understanding how the hammer will fall may lie in: gold.

In the material world that governs politics and economics, there has always been one golden rule: he who has the gold makes the rules.

Put China at the top of the next generation of rule makers, then.

China has been quietly stockpiling gold for years now. In fact, it is stockpiling so much gold that many have speculated that it may be building a gold-backed yuan currency that would make the Dollar pale in comparison on the global market.

Bottom line: no one knows just exactly how much gold China has amassed:

Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” That’s the opinion of respected precious-metals analyst Julian Phillips of The Gold Forecaster, along with a host of other informed sources. (source)

It is widely believed that China has accumulated larger – possibly much larger – reserves since. (source)

Lots of other countries are rapidly buying up gold, too, including – Serbia, Greece, Ecuador, Mexico, Kazakhstan, Kyrgyzstan, and Tajikistan.

But reportedly no one is buying gold at a faster pace than Russia.

Back in August it was reported that:

Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009.

Bloomberg reported in November:

The country has tripled its gold reserves since 2005 and is holding the most since at least 1993, IMF data show.

There is little doubt that gold plays a major factor in Russia’s posturing during a global showdown that involves proxy war and military tensions in the Ukraine, Syria, Iraq and other parts of the globe.

Moscow’s purchase of bullion and the assault on the bank can be seen as tactics of a single strategy designed to break the monopoly of the dollar. Gold is Russia’s hedge against that hegemony; it can’t be hacked.

More than that, Putin has been positioning his motherland to team up with China to solidify the emerging BRICS system which aims to thwart decades of Anglo financial dominance with a un-dollar currency system that will also include a development bank.

Russia’s response has been to buy gold and turn east, cementing deals with China and, it would seem, firing the opening salvos in a cyber currency war with the U.S. (source)

Warnings have sounded about a tipping of the global balance:

Russia is also increasing its gold reserves. China and Russia have been exchanging their U.S. dollar reserves and buying physical gold. Last year we speculated that this dynamic would create a shortage in gold leading to much higher prices. Russia and China now rank in the top ten countries by gold reserves.

With Russia now in what appears to be a currency war with the U.S., they may find a willing partner in China to create an alternative international financial system that does not rely upon or use the dollar. Irrespective of either country’s intentions, their physical gold buying sprees continue unabated. (source)

To that end, Russia has been amassing as much gold as possible, in a bid to outmaneuver its enemies in a silent economic war to hold onto its independence and further project its status.

Nearly every bit of gas and oil that Russia sells to neighbors in Europe and Asia is converted from dollars into gold reserves – and even with the collapsing oil price, that amount could still be staggering.

Many have pointed to the gold and oil trade off as Putin’s grand chess strategy:

Thus, the Western world, built on the hegemony of the petrodollar, is in a catastrophic situation. In which it cannot survive without oil and gas supplies from Russia. And Russia is now ready to sell its oil and gas to the West only in exchange for physical gold! The twist of Putin’s game is that the mechanism for the sale of Russian energy to the West only for gold now works regardless of whether the West agrees to pay for Russian oil and gas with its artificially cheap gold, or not.

Source: http://heartlandpreciousmetals.com/russia-and-china-furiously-buying-up-gold-as-a-global-currency-crisis-albeit-unstated-is-underway/

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Empower Clinics $CBDT.ca Receives its #Hemp-Handlers Licence from Oregon Department of Agriculture and Commences Food Establishment Application to Produce Edibles $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 8:25 AM on Thursday, August 8th, 2019
  • Announced it’s Oregon State subsidiary, Empower Healthcare Corp. has been awarded it’s Hemp-Handlers License from the Oregon Department of Agriculture (ODA)
  • Under license number AG-R1062748IHH, allowing the Company to commence build-out and operate the new 5,000 sq. ft. extraction facility in Sandy, OR.

VANCOUVER, Aug. 8, 2019 – EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (OTC: EPWCF) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics in the U.S., is pleased to announce it’s Oregon State subsidiary, Empower Healthcare Corp. has been awarded it’s Hemp-Handlers License from the Oregon Department of Agriculture (ODA) under license number AG-R1062748IHH, allowing the Company to commence build-out and operate the new 5,000 sq. ft. extraction facility in Sandy, OR.

The Company has also commenced the application process with the Oregon Department of Agriculture for the Food Establishment Plan permit that will allow the Company to manufacturer and produce a wide array of edible products in the new facility or in an adjacent location. Popular edible CBD products can include gummies, drinks & beverages, chocolate, pantry items such as peanut butter and honey and baked goods.

“The ODA has strict requirements regarding the award of a hemp-handlers license and/or a Food Establishment permit, to ensure that extraction operators and CBD product producers operate to the highest of standards.” said Steven McAuley, Empowers Chairman & CEO. “The award of the hemp-handlers license is a significant milestone for our company as we continue on our path of growth and vertical integration.”

The Company, with the support of the team at Pathangay Architects www.pathangayarchitects.com is now able to move into the next phase of facility design and building permit applications based on the ODA license approval. Preliminary security systems and IT networks have been installed and the Company anticipates draft architectural drawings to be completed in Q3 2019 and initial extraction equipment orders to be placed.

ABOUT EMPOWER

Empower is a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics, operating the Sun Valley Health clinic brand www.sunvalleyhealth.com, for its nine corporate locations and for franchises in the United States. As a CBD product manufacturer under the Solievo brand, the company distributes its lines through clinics, online and through retail partners. Extraction operations are currently being developed in the Company’s new extraction facility in Oregon.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that the hemp-based CBD extraction facility may not be fully operation by Q3 2019 if at all; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

SOURCE Empower Clinics Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2019/08/c2474.html

Investors: Steve Low, Boom Capital Markets, [email protected], 647-620-5101; Investors: Steven McAuley, CEO, [email protected], 604-789-2146; For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARICopyright CNW Group 2019

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ZEN Graphene Solutions $ZEN.ca Provides Grant Program and Environmental Baseline Study Update $LLG.ca $FMS.ca $NGC.ca $CVE.ca $DNI.ca

Posted by AGORACOM at 8:18 AM on Thursday, August 8th, 2019
  • April 25, 2019, ZEN announced that it had commenced work on the environmental baseline studies to support the development of the Albany Graphite Project directly related to graphite purification, graphene production research, concrete additive research and large-scale graphene-enhanced concrete testing on a quarterly reporting basis.
  • Received a $290,192.72 reimbursement payment for eligible expenses

Thunder Bay, Ontario–(Newsfile Corp. – August 8, 2019) –  ZEN Graphene Solutions Ltd. (“ZEN” or the “Company“) (TSXV:ZEN) is pleased to provide an update on recent activities including the $1,000,000 reimbursement grant for graphene-Infused concrete applications research and progress on the environmental baseline study fieldwork.

ZEN recently received a $290,192.72 reimbursement payment for the eligible expenses during the quarter ended June 30th 2019. This payment is the first installment of the reimbursement grant for graphene-infused concrete applications research that was awarded to ZEN on May 8, 2019. The grantor will reimburse up to a maximum of $1,000,000 spent by ZEN on eligible expenses directly related to graphite purification, graphene production research, concrete additive research and large-scale graphene-enhanced concrete testing on a quarterly reporting basis.

Additionally, on April 25, 2019, ZEN announced that it had commenced work on the environmental baseline studies to support the development of the Albany Graphite Project. The environmental and social baseline studies will provide important input into continued advancement of project development plans. ERM Canada Ltd. (“ERM”) is leading the desktop and fieldwork associated with the baseline studies on behalf of ZEN. ERM and ZEN have been actively collaborating with Constance Lake First Nation (“CLFN”) in order to maximize opportunities for involvement and incorporation of traditional knowledge. Three field campaigns have been conducted by ERM, CLFN, and ZEN so far in 2019 to collect data on hydrology (river levels and flow rates), water quality, fish and fish habitat, vegetation, and wildlife habitat. Two additional field campaigns are planned in 2019 to collect seasonal hydrology and water quality data. Samples have also been collected from existing drill core and reject material to initiate geochemical studies. ERM will be analyzing and interpreting all the data that is collected in 2019 and will provide a final report documenting the activities and results at the end of the year.

About ZEN Graphene Solutions Ltd.

ZEN Graphene Solutions Ltd. is an emerging graphene technology company with a focus on development of the unique Albany Graphite Project. This precursor graphene material provides the company with a competitive advantage in the potential graphene market as independent labs in Japan, UK, Israel, USA and Canada have demonstrated that ZEN’s Albany Graphite/Naturally PureTM easily converts (exfoliates) to graphene, using a variety of simple mechanical and chemical methods.

For further information:

Francis Dubé, Chief Executive Officer
Tel: +1 (289) 821-2820
Email: [email protected]

To find out more on ZEN Graphene Solutions Ltd., please visit our website at www.ZENGraphene.com . A copy of this news release and all material documents in respect of the Company may be obtained on ZEN’s SEDAR profile at www.sedar.com

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