Agoracom Blog

Gold Price Forecast: Rally From May 2019 Low Resumes With Biggest Monthly Gain In 5 Months SPONSOR: American Creek Resources $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 2:10 PM on Monday, February 3rd, 2020

SPONSOR: American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged of 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits. Click Here For More Info

  • Gold is reporting its biggest monthly gain since August 2019. 
  • January’s price rise has confirmed a resumption of the rally from lows seen in May 2019. 
  • Safe haven flows and dovish Fed expectations could continue to push the yellow metal higher.

Gold has printed its biggest monthly gain in five months, signaling a resumption of the rally from lows near $1,266 seen in May 2019. 

The yellow metal is currently trading at a 4.00% gain from the opening price of $1,517.70 observed on Jan. 2. That is the biggest monthly price rise since August 2019. Back then, gold had rallied by 7.65%. 

Haven flows

The US-Iran tensions escalated on Jan. 3, putting a strong haven bid under gold. The yellow metal rose from $1,550 to a six-year high of $1,611 in the five days to Jan. 8. 

The break above $1,600 seen during the Asian trading hours on Jan. 8 was short-lived, as tensions quickly eased after media outlets reported zero US casualties in Iran’s retaliatory attack on US bases in Iraq.

Gold fell back sharply to $1,550 on the same day and extended losses to $1,536 by Jan. 14, before regaining poise on coronavirus scare. 

The mysterious Wuhan coronavirus spread quickly within China during the second half of the month. Cases were also registered in Japan and other Asian currencies and in the US and Europe. As a result, fear gripped markets that China is struggling to contain the virus and it could turn into a pandemic, derailing the global growth story. 

Risk assets, therefore, took a beating and safe havens like gold, US treasuries, and yen found love. 

Additionally, markets ramped up expectations for a Federal Reserve rate cut by December and the central bank reinforced the dovish expectations by reiterating its commitment to high inflation. 

As a result, gold moved higher to $1,589 earlier Friday and is about to end the week with nearly 1 percent gain. 

Looking forward, the coronavirus fears and the dovish Fed expectations could continue to push the yellow metal higher. 

Many observers have revised lower their forecast for China’s first-quarter GDP growth. For instance, Citigroup on Friday said it expects China’s GDP growth to slow to 4.8% this quarter from 6.0% in the fourth quarter. It cut its full-year forecast for 2020 to 5.5% from 5.8, according to Bloomberg. 

Further, analysts think the slowdown will force the Chinese government and the People’s Bank of China to take action. Yields on government bonds and currency usually drop with monetary easing, making the zero-yielding yellow metal look attractive. 

As for next week, the focus will be on Caixin PMIs for China and key US data releases – ISM Manufacturing and Non-Manufacturing data, ADP report and the monthly Nonfarm Payrolls report. 

Fed rate cut expectations would strengthen, possibly yielding a stronger rally in gold if the payrolls and wage growth figures disappoint expectations.

Technical outlook

The metal traded in a sideways manner for four months, starting from September to December. The range play has ended with a bullish breakout with January’s 4% gain. 

The range breakout indicates the rally from the low of $1,266 seen in May 2019 has resumed. 

The next major resistance as per the monthly chart is $1,733. That level marks the 78.6% Fibonacci retracement of the sell-off from $1,920.94 to $1,046.54. 

The daily chart is also biased bullish. Notably, the RSI is again looking north, having established support at 62.00. 

The odds appear stacked in favor of a re-test of the high of $1,611 registered on Jan. 8. 

The outlook would turn bearish if and when the daily chart RSI violates the support at 62.

SOURCE: https://www.fxstreet.com/analysis/gold-price-forecast-rally-from-may-2019-low-resumes-with-biggest-monthly-gain-in-5-months-202001312013

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Canada Can Be A Leader In The Global Electric-Car Battery Market SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 1:49 PM on Monday, February 3rd, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

  • Steady movement toward low-emission mobility is gaining more traction among manufacturers and consumers
  • Automakers are embracing electrification and racing toward innovation-driven electric vehicle (EV) models

Our planet’s health is receiving more attention than ever before – and with good reason. In last October’s federal election, climate change topped the list of issues that determined how the country voted.

Canadians are becoming more climate conscious, and the proof is in the choices they make politically and as consumers. Recent events such as the fires ravaging the Amazon and Australia have emphasized the need to shift toward a clean-growth economy and, importantly, our collective consciousness has turned to the economic opportunities this shift will create. The road to a clean-growth economy is before us and innovation will drive us there.

Among the many industries that have a major stake in this, the automotive sector may present the most interesting opportunities in the Canadian market specifically. The steady movement toward low-emission mobility is gaining more traction among manufacturers and consumers alike. Confronted with rising fuel costs and escalating environmental crises, drivers are looking for options that produce fewer greenhouse gas (GHG) emissions and other air pollutants.

A survey last year by Toyota found 52 per cent of Canadians said they were likely to buy an electrified vehicle in the next five years. But today, EVs account for only 0.5 per cent of the 23 million passenger vehicles on Canadian roads.

Well aware of the room for growth, automakers are embracing electrification and racing toward innovation-driven electric vehicle (EV) models that they hope will lower costs and increase interest. Take General Motors: The leading American car maker has announced it is “on track” to meet its target of having 20 EVs in production by 2023. The Volkswagen Group plans to build 22 million EVs by 2028 and wants 40 per cent of its vehicle sales to be EVs by the end of the decade. And Ford intends to boost its investments in EVs to US$11-billion by 2022. It is also hoping to have 40 hybrid and fully electric vehicles in its model lineup, according to chairman Bill Ford.

The auto sector is poised to transform into one with immense demand for clean technology – and for renewable energy to power it. So, where does Canada fit into this equation?

In this rapidly evolving industry, advanced battery materials will emerge at the forefront of economic opportunity. Electric vehicles are powered by rechargeable lithium-ion batteries, and the need for metal components essential to EV battery production will grow alongside consumer appetite. This is where Canada could and should enter the picture.

Canada is rich in the ingredients needed for advanced battery manufacturing and storage technology: lithium, graphite, nickel, cobalt, aluminum and manganese. From our natural resources to our highly skilled workforce, Canada is poised to create a sustainable value chain for battery materials and become a world leader in EV battery manufacturing – but has it done enough to plant an early stake in this burgeoning market?

It is not sufficient to have the raw materials. Without an ecosystem that allows for the creation of a market and industry for batteries, Canada cannot participate. This market’s potential needs to be recognized and nurtured by regulators and mining companies. With increased investment in sustainable materials production, Canada can position itself as a top competitor in the global EV battery supply chain. And, by producing the main component of EVs, Canada will secure more opportunities to assemble those vehicles and breathe new life into our car-making industry.

In order to meet the growing global demand for EVs and the batteries they depend on, the private and public sectors must partner to support the advancement of the industry, attract major players in the global battery value chain and develop an infrastructure to protect the sector from risk.

By 2025, there will be approximately 1.5 billion cars on the roads worldwide. As automakers shift toward a low-emissions product line to attract a rising number of climate-conscious consumers, the battery market is poised to be a key part of the expanding clean-growth economy. Canada should be a leader in the emerging global battery market – or risk being left behind.

Marcelo Lu and Sean Drygas Contributed to The Globe and Mail source: https://www.theglobeandmail.com/business/commentary/article-canada-can-be-a-leader-in-the-global-electric-car-battery-market/

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New trading platform aims to unlock investment in #renewables, big #batteries SPONSOR: $HPQ.ca Silicon $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 10:45 AM on Monday, February 3rd, 2020

SPONSOR: HPQ-Silicon Resources HPQ: TSX-V aiming to become the lowest cost producer of Silicon Metal and a vertically integrated and diversified High Purity, Solar Grade Silicon Metal producer. Click here for more info.

New trading platform aims to unlock investment in renewables, big batteries

  • A digital energy trading platform that paves the way for clean energy technologies, including “big batteries”, to participate directly and optimally in the wholesale electricity market is set to be launched with the backing of the Australian Renewable Energy Agency

By: Sophie Vorrath

A digital energy trading platform that paves the way for clean energy technologies, including “big batteries”, to participate directly and optimally in the wholesale electricity market is set to be launched with the backing of the Australian Renewable Energy Agency.

The first of its kind online market platform called the Renewable Energy Hub creates power purchasing deals customised to new energy technologies, including grid-scale battery storage systems, rather than outdated contract templates designed around coal and gas plants.

Renewable Energy Hub’s head of markets Chris Halliwell said the traditional market used by generators and retailers to hedge against huge fluctuations in wholesale electricity prices worked to effectively shut out new technologies by presuming an ability to provide “baseload” generation.

He says the Hub, which claims to have so far contracted more than 2GWh of renewable electricity, will be a “real head turner” for the electricity market when it launches in the next couple of months, and a boon to both renewable energy developers and big energy users.

The Hub’s parent company, TFS Green, has already successfully trialled a “firm solar contract” product, as RenewEconomy reported in 2018, which replicates the “shape” of solar generation, and then matches the buyer’s needs with contracts for supply to the wholesale market, thus guaranteeing a flat and fixed price for that power.

“It is de-risking and firming up solar generation for project owners and market participants,” Halliwell told RenewEconomy at the time.

But the scope of the fully-launched Renewable Energy Hub will extend well beyond solar and, says Halliwell, will be particularly well suited to “firming technologies” like battery storage.

“This effectively turns a financial firming solution into a physical firming solution, hastening the arrival of those storage and other balancing resources required to help the energy system make the required transition to 100 per cent renewables,” said Halliwell.

“It’s exactly what the market needs, beyond subsidies and beyond PPAs,” Halliwell told RE in an interview on Monday, as new reports emerge warning that the Coalition’s energy policy void could reverse the positive effects on the NEM of a massive roll-out of large-scale solar and wind.

Already, the lack of any longer-term renewable energy policy beyond the RET is believed to have been a bit player in a massive slump in investment in large-scale solar and wind in 2019, confirmed at 60 per cent below 2018 levels by BloombergNEF, and at a 50 per cent reduction by the Clean Energy Council.

“(The Renewable Energy Hub) will drive project finance and investment and unlock uptake of renewaables,” Halliwell said, allowing renewable energy developers to capture better pricing via contracts better suited to their technology type.

“It will also provide new incentives for market players to seek out assets – such as batteries and other ‘balancing’ resources – that can firm up the intermittency of renewables.”

On the other side of the market, Halliwell added, it will help meet the demands of a booming audience of corporate customers looking to transact energy in a different way.

Source: https://reneweconomy.com.au/new-trading-platform-aims-to-unlock-investment-in-renewables-big-batteries-92280/

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New Age Metals $NAM.ca Closes Private Placement for $2-million $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:48 AM on Monday, February 3rd, 2020
  • Closed a fully subscribed private placement of 40 million units for aggregate gross proceeds of $2-million managed by IBK Capital Corp.

February 3, 2020 – Rockport, ON, Canada – New Age Metals Inc. (the “Company”) (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) has closed a fully subscribed private placement of 40 million units for aggregate gross proceeds of $2-million managed by IBK Capital Corp. Each Unit consisted of one common share and one common share purchase warrant (“Warrant”), where each Warrant entitles the holder to purchase one additional common share at a price of $0.10 per share for a period of two (2) years from the date of closing.

In connection with the closing, the Company paid fees to IBK Capital Corp. in the amount of $104,000 in cash and issued 3,300,000 broker warrants. The Company also paid fees to Mackie Research Capital Corporation in the amount of $28,000 in cash and issued 700,000 broker warrants. Each broker warrant is exercisable into a unit under the same terms as the private placement.

New Age Metals is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd., has purchased $700,000 of the fully subscribed private placement. A new insider was created in connection with the financing. 2176423 Ontario Ltd. (a company beneficially owned by Eric Sprott) purchased 14,000,000 units of the Company representing approximately 18.56% of the Company’s current issued and outstanding shares on a post conversion beneficial ownership basis. Prior to his purchase, 2176423 Ontario Ltd. (Eric Sprott) did not beneficially own or control any securities of the Company. The Units were acquired for investment purposes.

Harry Barr, Chairman and Chief Executive Officer of New Age Metals, reports: “We are very pleased to have Eric Sprott as a partner of New Age Metals Inc. His record of success is quite simply unmatched.”

The gross proceeds of this financing will be used to develop the Company’s 100-per-cent owned River Valley palladium project, located 60 miles from the Sudbury metallurgical complex in Sudbury, Ontario.

All securities issued in connection with the private placement are subject to regulatory approval and are subject to a four month plus one day hold period expiring on June 4, 2020, in accordance with applicable Securities Laws.

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If you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news or click here.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North Americas largest undeveloped Platinum Group Metals Projects, situated 100 kilometers from Sudbury, Ontario as well as the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB: NMTLF; FSE: P7J with 96,843,766 shares issued to date.

Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities. For further information any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call 613 659 2773.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr, Chairman and CEO

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

Copyright (c) 2020 TheNewswire – All rights reserved.

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Spyder $SPDR.ca Announces Canceling of the Non-Brokered Financing, Secures $442,000 Bridge Loan from Management and Insiders and Appoints New Board Member $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 7:52 AM on Monday, February 3rd, 2020
  • Cancelled the previously announced (January 13, 2020) non-brokered private placement of senior secured convertible debentures in the aggregate principal amount of up to $1,500,000.

Vaughan, Ontario–(February 3, 2020) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder” or the “Company“) would like to announce that it has cancelled the previously announced (January 13, 2020) non-brokered private placement of senior secured convertible debentures in the aggregate principal amount of up to $1,500,000.

BRIDGE LOAN SECURED

To ensure its short-term working capital needs are covered, Spyder has secured bridge loans in the amount of $442,000 provided primarily by management and insiders in the Company. The bridge loan will have the following attributes. The term matures on July 25, 2020, bears interest at 12% per annum payable monthly in arrears and Spyder may repay all or a portion there-on at any time during the period. To secure the bridge loans, Spyder granted a security interest over all of the personal property, assets and undertakings of Spyder.

“Securing a bridge loan for nearly half a million dollars largely from management and insiders shows confidence in Spyder’s ability to execute on its business model. We are excited to begin this next phase in Spyder’s development,” says Dan Pelchovitz, CEO of Spyder.

APPOINTMENT OF NEW BOARD MEMBER

In addition, Spyder is pleased to announce that Mr. Ben Leung has been appointed as a director. Ben is an accountant with over 28 years of financial accounting and management experience in both private industry and public practice. He is currently the Chief Financial Officer of Cultivate Capital Corp., a company investing and operating in the cannabis and hemp industry throughout North America. Over the past 2 years, Ben has acquired strong working knowledge of this industry and was responsible for leading strategic discussions, acquisitions, budgeting, financing, financial reporting and internal controls. Most recently, Ben was the controller, and then promoted to CFO of QE2 Acquisition Corp. He served a critical role in getting the corporation listed on the TSXV. His experience includes financial reporting, taxation, risk management, human resources and corporate governance. Prior to that, he was a senior manager with a Calgary based accounting firm and focused on the audit and assurance department. He has held controllership positions with publicly listed companies in the pharmaceutical, oil and gas, and manufacturing industries.

The Company would also like to announce the resignation of Mike Lerner from its Board of directors. The Company would like to thank Mr. Lerner for his time and commitment during his tenure on the Board.

MI 61-101 DISCLOSURE

Several directors and insiders as defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“), participated in the bridge loans, either directly or indirectly, therefore the bridge loans constitute a “related party transaction” within the meaning of MI 61-101. In its consideration and approval of the bridge loans, the board of directors of the Company determined that the bridge loans are exempt from the formal valuation and minority approval requirements of MI 61-101 on the basis that the fair market value of loans to related parties does not exceed 25% of the market capitalization of the Company, in accordance with Sections 5.5 and 5.7 of MI 61-101.

The Company did not file a material change report more than 21 days before the closing of the bridge loans as the details of the bridge loans, and the confirmation of insider participation in the bridge loans, was not definitively known to the Company until the date of the closing of the bridge loans and the board of directors determined that it was in the best interests of the Company to close the transaction as soon as practicable.

About Spyder Cannabis Inc.

Spyder is a CBD and Cannabis retailer that operates in jurisdiction where the products are federally legal in both Canada and the United States. The Company, through its subsidiaries, is a retailer involved in the development of three retail business units. The first is the sale of CBD in the United States, the second is the sale of smoking cessation and cannabis products in Ontario; and the third is the sale of cannabis products in Alberta.

Cautionary Statements

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.

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities laws (“forward-looking statements”). Forward- looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For more information, please contact:

Spyder Cannabis Inc.
Dan Pelchovitz
President & Chief Executive Officer Telephone: 1.888.504.7737
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52035

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Posted in Spyder Cannabis Inc. | Comments Off on Spyder $SPDR.ca Announces Canceling of the Non-Brokered Financing, Secures $442,000 Bridge Loan from Management and Insiders and Appoints New Board Member $CGC $ACB $APH $CRON.ca $OGI.ca

No Way Out – Sprott Gold Report SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 5:42 PM on Friday, January 31st, 2020
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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. Click Here for More Info

  • We believe that there is a strong case to expect gold mining shares to outperform the metal in the years ahead…

On September 17, 2019, overnight repo rates spiked 121 basis points, climbing from 2.19% to 3.40%, providing yet another crucial buttress for the bullish rationale for gold. The spike signaled that the U.S. Federal Reserve (“Fed”) had lost control of the price of money. Without subsequent massive injections of liquidity by the Fed into the repo market, out of control, short-term interest rates would have undermined the leverage that underpins record financial asset valuations. Going forward, unless the Fed continues to expand its balance sheet, it risks a meltdown in equity and bond prices that could exceed the damage of the 2008 global financial crisis. Despite consensus expectations, there appears no escape from this treadmill.

The Fed must monetize deficits because non-U.S. investors are no longer absorbing the growing supply of U.S. debt. Ultra-low, short-term interest rates do not compensate foreign investors for the cost of hedging potential foreign currency (FX) losses (see Figure 1). The U.S. fiscal deficit is too high and the issuance of new U.S. treasuries is too great for the market to absorb at such low interest rates. In a free market, interest rates would rise, the economy would stall and financial asset valuations would decline sharply.

Figure 1. Treasury Issuance Goes Up, Foreign Purchases Go Down (2010-2019)

Source: Bloomberg. Data as of 12/31/2019.

The predicament facing monetary policy explains why central banks are buying gold in record quantities, as shown in Figure 2. It also explains the fourth quarter “melt-up” in the equity market, even with Q4 earnings that are likely to be flat to down versus a year ago (marking the second quarter in a row for lackluster results) and the weakest macroeconomic landscape since 2009 (as shown by Figure 3).

Figure 2. Central Banks Purchases of Gold are 12% Higher than Last Year

Source: World Gold Council; Metals Focus; Refinitiv GFMS. Data as of 9/30/2019.

Figure 3. The U.S. ISM PMI Index Indicates Economic Contraction

The U.S. ISM Manufacturing Purchasing Managers Index (PMI)1 ended the year at 47.2, indicating that the U.S. economy is in contraction territory (a reading above 50 indicates expansion, while a reading below 50 indicates contraction).

Source: Bloomberg. Data as of 12/31/2019.

Liquidity injections will result in more debt, both public and private sector, but not necessarily enhanced economic growth:

“As these forms of easing (i.e., interest rate cuts and QE [quantitative easing]) cease to work well and the problem of there being too much debt and non-debt liabilities (e.g., pension and healthcare liabilities) remains, the other forms of easing (most obviously currency depreciations and fiscal deficits that are monetized) will become increasingly likely …. [this] will reduce the value of money and real returns for creditors and will test how far creditors will let central banks go in providing negative real returns before moving into other assets [including gold].”

– Ray Dalio, Paradigm Shifts, Bridgewater Daily Observations, 7/15/2019

Gold Bullion and Miners Shine in 2019

Though overshadowed by the rip-roaring equity market, precious metals and related mining equities also had significant gains in 2019 (up 43.49%)2. Gold’s 18.31% rise last year was its strongest performance since 2016. More significantly, after two more years of range-bound trading, the metal closed out 2019 at its highest level since mid-2013, and within striking distance of $1,900/oz, the all-time high it reached in 2011.

The investment world has taken little notice. Despite gold’s strong performance, GDX3, the best ETF (exchange-traded fund) proxy for precious metals mining stocks, saw significant outflows over the year as shares outstanding declined from 502 million to 441 million (or 12%) over the twelve months, despite posting a 39.73% gain, well ahead of the 31.49% total return for the S&P 500 Total Return Index.4 We believe that there is a strong case to expect gold mining shares to outperform the metal in the years ahead…

It has been our long-held view that until mainstream investment strategies run aground, interest in precious metals will continue to simmer on low, notwithstanding the likelihood that 2020 may be another very good year for the precious metals complex. The many reasons why mainstream investment strategies could unravel are not difficult to imagine. They include the emergence of meaningful inflation, further slippage of the U.S. dollar’s nearly exclusive reserve currency status, and market-driven interest rate increases or a recession. Any or all of these could disrupt the continued expansion of the Fed’s balance sheet, triggering a rapid reversal in financial asset valuations. Each possibility deserves a more complete discussion than space here allows, but evidence strongly suggests that none can be ruled out. While timing the zenith in complacency is risky, we feel confident that a reversal of fortune for high financial asset valuations awaits unsuspecting investors sooner than they expect.

We are even more confident that a bear market will generate far broader investment interest in gold. Considering that institutional exposure to gold and related mining stocks hovers near multi-decade lows, the slightest uptick could easily drive the metal and related precious metals mining shares to historic highs. Today, the aggregate market capitalization of precious metals equity shares is $400 billion, an insignificant speck on the current market landscape.

Investors outflows from precious metals mining stocks in 2019, even as gold rose 18.31%, suggests skepticism that the current rally is sustainable — perhaps hardened by the wounds of years of middling performance. Contrarian analysis would regard such bearishness as grounds to be very bullish. In our opinion, investors have overlooked that the 2019 rise in gold prices has restored financial health to sector balance sheets, earnings and cash flow. Gold stocks offer both relative and absolute fundamental value and growth potential that compares very favorably to conventional investment strategies

We believe that there is a strong case to expect gold mining shares to outperform the metal in the years ahead by a substantially wider margin than they outperformed in 2019. With continued advances in precious metals prices, the return potential from these still unloved orphans and pariahs of the investment universe should prove to be very compelling.

SOURCE:https://www.sprott.com/insights/sprott-gold-report-no-way-out/ 

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#Tencent’s now the #Alibaba of Indian startup scene #Edtech SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 4:00 PM on Friday, January 31st, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

Tencent’s now the Alibaba of Indian startup scene

  • Tencent’s most recent bet is on edtech startup Doubtnut, where it has led a $15 million round, its second bet in the space, having earlier invested in Byju’s.
  • The Doubtnut app allows students to take a snapshot of a particular problem, for which it claims a video solution will be provided in 10 seconds.

The Chinese tech behemoth has pipped Alibaba by closing about 10 funding deals across stages over the last six-eight months.

By: Biswarup Gooptu & Aditi Shrivastava

Chinese tech behemoth Tencent has emerged as the biggest Chinese strategic investor in the Indian startup ecosystem, aggressively closing about 10 funding deals across stages over the last six-eight months.

Its increased activity coincides with Alibaba stepping back from the domestic market after years of being among the most prolific Chinese strategics in India.

Tencent’s most recent bet is on edtech startup Doubtnut, where it has led a $15 million round, its second bet in the space, having earlier invested in Byju’s.

The Doubtnut app allows students to take a snapshot of a particular problem, for which it claims a video solution will be provided in 10 seconds.

Tencent, which operates popular messaging app WeChat, has also taken recent wagers on insurance marketplace PolicyBazaar, business-to-business ecommerce portal Udaan, video streaming platform MX Player, apart from writing smaller cheques in MyGate, Khatabook and Niyo Solutions. MX Player,Gaana is owned by Times Internet, a part of The Times Group, which also publishes this paper.

Aside of Doubtnut, it is also in talks to invest $12-15 million in PocketFM, according to sources.

PocketFM is a social audio platform for Indian languages where users can find great quality audio shows ranging from audiobooks, stories, podcasts and self-help content. “Tencent believes the market is correcting and valuations are getting more stable than what they were six to eight months back, making it the right time to take several bets across stages,” said an investor who has dealt with the firm.

Founders also highlighted that the firm is being increasingly flexible in the rights it demands as a strategic investor, in a bid to get into the best companies. “They (Tencent) have over the last few discussions been more open to lead follow-on rounds and keeping strategic rights under check, making these deals more company friendly,” said a founder who raised capital from the firm.

Another startup founder said the fund is also looking at India as a financial investment market, more than a strategic play.

It also comes at a time when India is emerging as the next frontier of growth given that fewer Chinese startups are going public due to the uncertainty caused by the country’s ongoing trade war with the US and overall sobering of valuations.

Earlier this week, ET reported that more than a dozen new China-domiciled large corporates, venture funds, and family offices are aggressively stepping up investment conversations with early-to growth-stage domestic firms.

Overall, Tencent has made at least 15 investments in India, including Swiggy, Dream11, Flipkart, Hike, and Practo.

Globally, Tencent has invested in over 800 firms, 70 of which are listed and 160 are now unicorns. Founders said the strategic value derived from Tencent’s learnings in China will be critical in their scale-up journey as they build similar models for India.

“Their experience of working with Yuanfudao in China will help our team get fresh and valuable perspective on distribution of first edtech models,” said Aditya Shankar, cofounder of Doubtnut.

Source: https://tech.economictimes.indiatimes.com/news/startups/tencents-now-the-alibaba-of-indian-startup-scene/73781717

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High Demand in Natural Graphite Industry Will Lead To New Opportunities For Existing and Emerging Market Players SPONSOR: ZEN Graphene Solutions $ZEN.ca $LLG.ca $FMS.ca $NGC.ca $CVE.ca $DNI.ca

Posted by AGORACOM at 3:31 PM on Friday, January 31st, 2020

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The recent report published on Natural Graphite Market Research Report analyzes various factors impacting the growth trajectory of this industry. Primary and secondary research is employed to determine the development aspects and growth path in Natural Graphite Market on the global, regional and country-level scale. The historic, present and forecast situations impending the Natural Graphite Industry dynamics, competition as well as growth constraints are comprehensively studied. This report is a complete blend of technological innovations, market risks, opportunities, risks, challenges, and niche Natural Graphite Industry segments. 

Major companies present globally in this report are as follows:

Steel & Refractories
Carbon brushes
Batteries
Automotive parts
Lubricants
Others

The important market trends, prominent players, product portfolio, manufacturing cost analysis, product types and pricing structure are presented. All crucial factors like Natural Graphite market dynamics, challenges, opportunities, restraints are studied in this report. 

The up-to-date market information presents the competitive structure of Natural Graphite Industry to help players in analyzing the competitive structure for growth and profitability. The notable features of this report are Natural Graphite Market share based on each product type, application, player, and region. Profit estimation for all market segments and sub-segments and consumption ratio. 

Key Deliverables of Natural Graphite Research Report are mentioned below:

  • Renumeration analysis for each application is covered.
  • Market share per Natural Graphite application is projected during 2020-2026. Consumption aspects for the same are covered.
  • Natural Graphite Market drivers which will enhance the commercialization matrix to enhance the business sphere is explained.
  • Vital information regarding challenges, risks, SWOT analysis of top players, and market share is covered.
  • Consumption rates in Natural Graphite Industry for major regions namely North America, Europe, Asia-Pacific, MEA, South America and the rest of the world is covered. 

Research Methodology of Natural Graphite Market:

The primary and secondary research methodology is used to gather data on parent and peer Natural Graphite Market. Industry experts across the value chain participate in validating the market size, revenue share, supply-demand scenario, and other key findings. The top-down and bottom-up approach is used in analyzing the complete market size and share. The key opinion leaders of Natural Graphite Industry like marketing directors, VPs, CEOs, technology directors, R&D managers are interviewed to gather information on supply and demand aspects.

For secondary data sources information is gathered from company investor reports, annual reports, press releases, government and company databases, certified journals, publications, and other various other third-party sources. 

Table of Contents Is Segmented As Follows:  

Report Overview: Product definition, overview, scope, growth rate comparison by type, application, and region from 2020-2026 is covered.

Executive Summary: Vital information on industry trends, Natural Graphite market size by region and growth rate for the same is provided.

Profiling of Top Natural Graphite Industry players: All top market players are analyzed based on gross margin, price revenue, sales, production, and their company details are covered.

Regional Analysis: Top regions and countries are analyzed to gauge the Natural Graphite industry potential and presence on the basis of market size by product type, application, and market forecast. The complete analysis period is from 2014-2026. 

SOURCE: https://dagorettinews.com/high-demand-in-natural-graphite-industry-will-lead-to-new-opportunities-for-existing-and-emerging-market-players/

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Mhealth Market to Reach USD 293.29 Billion by 2026; Increasing Smartphone Penetration to Contribute Healthy Growth, States Fortune – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 3:20 PM on Friday, January 31st, 2020

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Mhealth Market to Reach USD 293.29 Billion by 2026; Increasing Smartphone Penetration to Contribute Healthy Growth, States Fortune

  • The global mHealth market size is expected to reach USD 293.29 billion by 2026, exhibiting a CAGR of 29.1% during the forecast period.
  • Increasing penetration of smartphones and smart devices will boost the mHealth market trends during the forecast period.

The increasing penetration of smartphones and smart devices will boost the mHealth market trends during the forecast period. According to Pew Research Center’s first survey of smartphone ownership conducted in 2011, 96% of Americans own a cell phone. Out of which ,81% of the American use smartphones. While roughly three-quarters of U.S. adults own desktop or laptop computers, furthermore, the launch of technologically advanced smartphones and wearable devices will consequently aid the mHealth market share, sates our lead analysts at Fortune Business Insights. For instance, OnePlus launched a new concept phone, the OnePlus Concept One McLaren Edition has various features including electrochromic glass technology. In addition, Fitbit CEO James said in a statement, “We see ourselves evenly split between being a consumer company and being a health company.”

mHealth Market Analysis, Insights and Forecast, 2015-2026

According to the report, published by Fortune Business Insights in a report, titled “mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Sleep Trackers, Fitness Trackers, Glucose Monitors, BP Monitors, Cardiac Monitors}) By Services Type (Monitoring Services, Fitness & Wellness Solutions, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Pharmaceutical Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026″ the market size stood at USD 34.28 billion in 2018. The mHealth market report implements a PESTEL study and SWOT analysis to reveal the stability, restrictions, openings, and threats in the smart building market. Combined with the market analysis proficiencies and data integration with the relevant findings, the report has foretold the robust future growth of the market, and all articulated with geographical and merchandise segments. Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers.

Growing Geriatric Population to Spur Business Opportunities for the Market

The increasing demand for mHealth solutions around the globe, owing to its user-friendly benefits and high calling efficiency in handling an emergency situation, will aid the mHealth market revenue in the forthcoming years. The increasing number of mHealth applications such as chronic disease management, remote monitoring owing to its cost-effective advantage will further fuel demand for mHealth solutions in the foreseeable future. The growing geriatric population will also contribute positively to the growth of the market. For instance, people above the age of 65, are more prone to chronic ailments; in the U.S., 40 million people, i.e., around 12.9% of the population is above 65 years. Thus, there is a colossal scope for the mHealth market in the countries where the geriatric population is surging. 

Source: https://www.prnewswire.com/news-releases/mhealth-market-to-reach-usd-293-29-billion-by-2026-increasing-smartphone-penetration-to-contribute-healthy-growth-states-fortune-business-insights-300993421.html

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UPS Invests in Arrival, Orders 10,000 Electric Delivery Vehicles SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 2:02 PM on Friday, January 31st, 2020

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UPS’ venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built vehicles. Along with the investment in Arrival, UPS also announced a commitment to purchase 10,000 electric vehicles to be built for UPS with priority access to purchase additional electric vehicles.

UPS will collaborate with Arrival to develop a wide range of electric vehicles with Advanced Driver-Assistance Systems (ADAS). The technology is designed to increase safety and operating efficiencies, including the potential for automated movements in UPS depots.

UPS will initiate testing ADAS features later in 2020. Future vehicle purchases are contingent on successful tests of initial vehicles. Vehicle purchase prices will not be disclosed.

UPS continues to build an integrated fleet of electric vehicles, combined with innovative, large-scale fleet charging technology. As mega-trends like population growth, urban migration, and e-commerce continue to accelerate, we recognize the need to work with partners around the world to solve both road congestion and pollution challenges for our customers and the communities we serve.

Electric vehicles form a cornerstone to our sustainable urban delivery strategies. Taking an active investment role in Arrival enables UPS to collaborate on the design and production of the world’s most advanced electric delivery vehicles.—Juan Perez, UPS chief information and engineering officer

Arrival takes a ground-up approach to the design and production of its electric vehicles, enabling an efficient path toward mass adoption.

The company produces its own major core vehicle components: chassis, powertrain, body and electronic controls. Arrival vehicles also use a modular design with standardized parts, a method that reduces maintenance and other costs of ownership.

UPS has been a strong strategic partner of Arrival’s, providing valuable insight into how electric delivery vans are used on the road and, importantly, how they can be completely optimized for drivers. Together, our teams have been working hard to create bespoke electric vehicles, based on our flexible skateboard platforms that meet the end-to-end needs of UPS from driving, loading/unloading and back-office operations. We are pleased that today’s investment and vehicle order creates even closer ties between our two companies.—Denis Sverdlov, Arrival chief executive

Arrival will build the vehicles in micro-factories, using lightweight, durable materials the company designs and creates in-house.

As an investor, UPS has the option to fast-track orders as necessary. UPS expects to deploy the EVs in Europe and North America.

Arrival is the first commercial vehicle manufacturer to provide purpose-built electric delivery vehicles to UPS’ specifications and with a production strategy for global scale. Since 2016, UPS and Arrival have collaborated to develop concepts of different vehicles sizes.

The companies previously announced they would develop a state-of-the-art pilot fleet of 35 electric delivery vehicles to be trialed in London and Paris. Additionally, UPS announced a pioneering new approach to electric charging and storage that has now been deployed in UPS’s central London facility.

SOURCE:https://www.greencarcongress.com/2020/01/20200130-ups.html

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