Agoracom Blog

ThreeD Capital $IDK.ca – #Bitcoin 2020: The Bottom is In and Prices are About to Surge, Several Analysts Claim #crypto $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:47 AM on Tuesday, January 7th, 2020

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Bitcoin 2020: The Bottom is In and Prices are About to Surge, Several Analysts Claim

  • Bitcoin corrected by over 50% from the 2019 high of $13,880.
  • With the retracement in the last six months, some analysts believe that the bottom is in.
  • The number one crypto is flashing accumulation signals convincing popular traders that the cryptocurrency has turned bullish in 2020.

Bitcoin may have started 2019 strong but ever since it posted a high of $13,880 in June, the top cryptocurrency has been correcting. It dropped to as low as $6,425 in December. At that point, bearish calls for a revisit to $5,000 levels were strong.

One analyst expecting bitcoin to drop to $5,000. | Source: Twitter

Those who have been waiting to buy below $6,000 have been left out. The digital gold is now trading above $7,000 and analysts are expecting bitcoin to leave this price area soon. Many see a base being formed, which can propel the number one cryptocurrency to greater heights early this year.

Analysts Claim Bitcoin Has Bottomed Out

After a weak second half of 2019, it appears that the worst is behind for the most dominant cryptocurrency. A number of widely-followed analysts on Twitter say that bitcoin is carving a bottom.

For instance, Faisal Sohail believes that the cryptocurrency has already tapped the bottom when it dropped to $6,475 in December. He believes that the digital asset will trade between $7,000 and $12,000 before the halving. ” alt=”” aria-hidden=”true” /> Bitcoin to start climbing before the May 2020 halving. | Source: Twitter

User Bitcoin Macro supports Faisal’s view. In an emphatic tweet, Bitcoin Macro exclaims that the bottom is already in. He also tells his followers not to get shaken out.

Majin, Crypto Twitter’s biggest bull, has also turned bullish after months of uncertainty. The liquidity game theorist believes bitcoin will take off and leave $7,000 behind.

Accumulation Pattern to Send Bitcoin Above $11,600

BTC has been range trading between $6,700 and $7,600 since November 20, 2019. That’s a $900 range over 45 days. To many analysts, this is a sign that a new base is being built to prepare bitcoin for the next leg up, hence, the call for a bottom.

Charles Edwards, head of digital investment firm Capriole, sees a potential accumulation pattern forming. More importantly, he believes that the bottom is already in. According to Edwards, his bias would be confirmed once bitcoin trades above $8,000.

Charles Edwards sees a Wyckoff accumulation pattern developing in bitcoin. | Source: Twitter

Edwards is not alone in seeing a pattern indicating that whales and other smart money investors are accumulating the largest cryptocurrency. Trader CryptoWolf also sees an accumulation pattern developing. His bias will be confirmed once the price goes above $8,090. A move above that level would also trigger the breakout from a large falling wedge.

CryptoWolf’s initial target is $9,550 and then $11,600.

Bitcoin needs to take out $8,090 to gain bullish momentum. | Source: Twitter

Traders Starting to Have a Rosy Outlook

With these signals, other traders are expressing their optimism on the prospects of the top cryptocurrency. The popular trader The Crypto Dog tweeted that he’s bullish on bitcoin.

It is not everyday that The Crypto Dog posts bullish tweets on bitcoin | Source: Twitter

The widely-followed Crypto Rand shares The Crypto Dog’s upbeat outlook on the dominant cryptocurrency. The Crypto Rand is also bullish on bitcoin | Source: Twitter

Is it a coincidence that the top analysts are tweeting bullish statements on bitcoin as the top cryptocurrency prints an accumulation pattern? Probably not. It’s very likely that these analysts are also seeing the bottom or base-building signals on the number one coin. If they’re right, then strap in. Bitcoin’s 2020 price action might start off with fireworks.

Source: https://www.ccn.com/bitcoin-2020-bottom-prices-about-to-surge/

Loncor $LN.ca – Gold Closes at Nearly 7-Year High $ABX.ca $TECK.ca $RSG $NGT.to

Posted by AGORACOM at 10:22 AM on Tuesday, January 7th, 2020
This image has an empty alt attribute; its file name is Loncor-Small-Square.png

Sponsor: Loncor is a Canadian gold exploration company focused on two projects in the DRC – the Ngayu and North Kivu projects, both have historic gold production. Exploration at the Ngayu project is currently being undertaken by Loncor’s joint venture partner Barrick Gold. The Ngayu project 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 the investment criteria of Barrick. Click Here for More Info

  • Recent strong price gains are a bullish upside technical ‘breakout’ from recent trading levels, to suggest still more price gains are very likely in the coming weeks and months, or longer
  • Bullion’s price has benefited from heightened political tensions but also has enjoyed softness in the dollar,

Gold futures on Monday marked their highest settlement since April of 2013, as the killing last week of a top Iranian military commander, Qassem Soleimani, reverberated through financial markets, momentarily upending appetite for assets considered risky and boosting traditional haven assets like gold.

February gold GCG20, +0.23%  on Comex added $16.40, a gain of 1.1%, to settle at $1,568.80 an ounce, after it briefly touched $1,590.90 in intraday action. The most active contract saw its highest settlement since April 9, 2013, according to FactSet data. Gold also rose for a ninth consecutive session, its longest period of straight gains since an 11-day streak that ran from December 2018 to January 2019.

March silver SIH20, +0.28%  edged up by 2.8 cents, or 0.2%, to finish at $18.179 an ounce, pulling back from a high of $18.55, which was the highest intraday level since late September.

Last week, the most-active gold contract gained 2.3%, its second week of gains, while silver prices added 1.1%, also landing it higher for two consecutive weeks.

Read: Why geopolitical events are not a good reason to buy gold

“History shows that a big spike up in prices amid higher volatility tends to produce near-term market tops sooner rather than later, after that initial spike up,” said Jim Wyckoff, senior analyst at Kitco.com. “That means in the coming days the gold market could put in a ‘near-term’ top that will last for a moderate period of time.”

“However, for the longer-term investors in gold, it’s important to note that the recent strong price gains are a bullish upside technical ‘breakout’ from recent trading levels, to suggest still more price gains are very likely in the coming weeks and months, or longer,” he said in daily commentary.

On Sunday, the Iraqi parliament passed a nonbinding resolution to expel American troops in the wake of the U.S. drone strike that killed Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, on Iraqi soil.

That act has intensified tensions in the Middle East, boosting the appeal of assets considered safe during global political conflicts.

Trump has threatened harsh sanctions against Iraq if it expels U.S. troops, and doubled down on earlier comments threatening to target Iranian cultural sites if Iran strikes back. Iran has said it would no longer honor the 2015 nuclear deal with a group of world powers, which the U.S. backed out of in 2018.

Oil prices climbed and the Dow Jones Industrial Average DJIA, -0.30%  and S&P 500 index SPX, -0.27%  opened broadly lower but turned mixed in Monday dealings.

Meanwhile, the benchmark 10-year Treasury yield TMUBMUSD10Y, +0.24% was up at 1.7917%, after tapping a four-week low on Friday after the Iranian military leader’s killing.

Bullion’s price has benefited from heightened political tensions but also has enjoyed softness in the dollar, which has occurred as investors shift to Swiss franc USDCHF, +0.3719% and Japanese yen USDJPY, +0.09%  amid the potential for political turmoil.

The U.S. ICE Dollar Index DXY, +0.33%, a measure of the buck against a half-dozen currencies, was down 0.2% at 96.661 and has posted weekly declines in the last two weeks.

A weaker buck can make gold more attractive to buyers using other currencies, and lower bond yields can also help boost the comparative appeal of gold against government debt.

“Gold continues its breakout higher as it is now at the highest level since April 2013,” wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group, in a Monday research report.

“I remain bullish but caution not to buy it on geopolitical concerns because as stated they are usually temporary. Buy it instead because the dollar continues to weaken and real yields continue to fall,” he said.

Among other metals, March copper HGH20, -0.11%  added 0.1% to $2.79 a pound. April PLJ20, -0.34%  shed 2.4% to $966.20 an ounce, but March palladium PAH20, +0.87%  added 1.7% to $1,989.60 an ounce. Palladium futures notched a record high, as they’ve done each day so far this year and many times throughout 2019.

The platinum group markets are “not concerned that recent geopolitical events could derail the global economy and therefore demand for auto catalysts,” analysts at Zaner Metals, wrote in daily note. “Instead, it is apparent that platinum and palladium are being considered as safe haven instruments, with classic physical market fundamentals being pushed to the sidelines.”

https://www.marketwatch.com/story/gold-price-flirts-with-1600-and-highest-settlement-in-nearly-7-years-2020-01-06

American Creek Resources $AMK.ca Recognises 2019 as a Major Turning Point; Looks Forward to Major Developments in 2020 $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 9:35 AM on Tuesday, January 7th, 2020
  • American Creek has strengthened its position both financially and strategically
  • Treaty Creek will be advancing in a major way
  • Eric Sprott made two separate investments of $1,000,000 making Mr. Sprott the largest external investor in Treaty Creek

American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) (“the Corporation”) is pleased to report that 2019 was a pivotal year for the company which is now positioned to take full advantage of the precious metals bull run that many experts believe we are only in the early stages of, even though gold hit a 7 year high of $1,580 this week. Looking back, on the first day of trading in 2019 AMK closed at $0.03 and on the last day of trading in 2019 AMK closed at $0.09 representing a significant annual increase. Management envisions positive developments to continue in 2020 through the geological advancements of its properties including the potential for a world class resource on the Treaty Creek JV project located in the “Golden Triangle” of Northwestern British Columbia.

Darren Blaney, CEO of American Creek stated: “This past year was a significant turning point for the company and will be the catalyst for more exciting developments in 2020. The company has strengthened its position both financially and strategically and is poised to benefit from not only a strengthening gold and silver market but also from the investment community becoming more aware of the company’s projects and potential. The Treaty Creek project will be advancing in a major way and several of our other projects including the Dunwell and Gold Hill will also be the focus of attention this year. We very much look forward to 2020 and wish all of our shareholders the very best this upcoming year!”

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/51189_2c4af78684226b7e_001.jpg



Image of the Goldstorm Zone found along the base of this hill at Treaty Creek.

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/682/51189_2c4af78684226b7e_001full.jpg

Financial Position

The company raised over $3.3 million in 2019 through common and flow-through shares along with the exercise of warrants. Through these events the company was able to strengthen existing alliances and create a number of new highly strategic relationships bringing strength, credibility and future increased exposure to American Creek.

Of note, Canadian billionaire Eric Sprott made two separate investments of $1,000,000 into American Creek as well as an additional $8,400,000 investment in our JV partner Tudor Gold for the development of the Treaty Creek property. This makes Mr. Sprott the largest external investor in Treaty Creek. He recently stated that he is “very excited about the opportunity there as the project has a great shot at having 20 million ounces.”

Geological Position

TREATY CREEK

The 2019 drilling at Treaty Creek was very successful and produced some of the most significant gold intercepts in the exploration industry. The focus has been on the gold enriched Goldstorm Zone which is on trend with, and part of, the same geological system as Seabridge Gold’s neighboring KSM deposits. With approximately one billion tonnes of gold enriched rock identified (potential for a resource calculation in 2020), the Goldstorm has potential to become a world class gold deposit. The 2019 drilling was designed to define a gold deposit with the potential of being open pit mined. The upcoming 2020 drilling is designed to significantly expand the deposit as the system is open to the north, the east and at depth.

The Treaty Creek Project is a joint venture with Tudor Gold owning 3/5th and acting as project operator. American Creek and Teuton Resources each have a 1/5th interest in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

DUNWELL MINE

A maiden drill program was initiated in 2019 on the 100% owned Dunwell Mine project located in the heart of the Golden Triangle a few kilometers outside of Stewart, BC. This past producing high grade mine (gold, silver, lead, zinc) holds tremendous potential and may have the best logistics found in the Golden Triangle. Assays from the program are currently pending.

GOLD HILL AND OTHER PROJECTS

The Gold Hill property is believed to contain the principle source lode for Canada’s fourth largest placer deposit located downstream (Wild Horse River Gold Rush) which produced over 48 tonnes gold (and is still producing). Work is planned for 2020 which will advance this highly prospective project.

American Creek also holds several other high potential projects in other prospective areas of BC such as the Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

Marketing

American Creek will be going to great lengths in 2020 to increase the Corporation’s exposure and recognition. Near future events including attending many conferences including the Vancouver Resource Investment Conference (Vancouver), AME Roundup (Vancouver), Red Cloud (Toronto), Raise Capital (Toronto), and the Prospectors and Developers Association of Canada (PDAC) convention (Toronto).

About American Creek

American Creek is a Canadian mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

More information about the Treaty Creek Project can be found here: https://americancreek.com/index.php/projects/treaty-creek/home

An exploration program is ongoing on American Creek’s 100% owned Dunwell Mine property located near Stewart. More information can be found here: https://americancreek.com/index.php/projects/dunwell-mine

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

CLIENT FEATURE: Vertical Exploration $VERT.ca Partners with AREV Brands to Distribute Wollastonite to the Cannabis and Hemp Industries $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 7:52 PM on Monday, January 6th, 2020
http://blog.agoracom.com/wp-content/uploads/2019/11/VERT-square-logo.png
  • Definitive distribution agreement to partner on the sale of Vertical’s wollastonite from its world-class St-Onge Deposit in place.
  • Supplying the fast growing cannabis and hemp industries.
  • Vertical’s high quality Wollastonite has been shown to be beneficial to cannabis plants in a variety of ways
  • In every case the most optimal results occurred with an admixture rate of 10% to 15% wollastonite to the growth medium.
  • The high-grade St-Onge Wollastonite deposit has pit-constrained mineral resources of: 7,155,000 tonnes Measured@ 36.20% Wollastonite & 6,926,000 tonnes Indicated@ 37.04%
  • B.C. Buds Testing Confirmed Wollastonite is critical to marijuana growers
  • Engaged AGRINOVA over the past year to conduct research and testing of Vertical’s St-Onge wollastonite on a range of important agricultural end uses.

WOLLASTONITE

  • St-Onge-Wollastonite Deposit located approximately 90 kilometres Northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec, Canada.
  • Wollastonite is a calcium inosilicate mineral that may contain small amounts of ironmagnesium, and manganese substituting for calcium
  • Research and testing in the Phase 1 program for use in cannabis growth was managed and monitored by AGRINOVA, a highly-regarded Center for Research and Innovation in Agriculture in Quebec

St-Onge-Wollastonite Deposit:

VERT Hub on Agoracom

FULL DISCLOSURE: Vertical Exploration is an advertising client of AGORA Internet Relations Corp.

#Palladium – The Prospects For A Repeat Performance SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 4:03 PM on Monday, January 6th, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Palladium – The Prospects For A Repeat Performance

  • A fantastic year in 2019.
  • A rally for the ages since 2016.
  • A new decade poses threats to the rally.

Of the four precious metals that trade on the NYMEX and COMEX divisions of the Chicago Mercantile Exchange, palladium is the least liquid. As of December 27, the total number of open long and short positions in the gold futures market stood at 765,653 contracts, a record high representing 76.65 million ounces of the yellow metal. Silver’s open interest was at 225,753 contracts that contain a total of over 1.128 billion ounces of silver. A gold future represents 100 ounces of the metal, while a silver contract has 5,000 ounces.

In platinum, 98,042 contracts hold over 4.9 million ounces of platinum metal, as each contract is for 50 ounces. A palladium contract is for 100 ounces of the platinum group metal. As of December 27, 23,735 contracts represented 2,373,500 ounces. Markets with less liquidity when it comes to volume and open interest tend to be more volatile than those with higher degrees of liquidity. Palladium has lived up to that tendency since early 2016 as the price has been explosive on the upside. The Aberdeen Standard Physical Palladium Shares ETF product (PALL) replicates the price action in the palladium market. At the same time, the Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) holds palladium as well as gold, silver, and platinum bullion.

A fantastic year in 2019

Palladium was, by far, the best-performing precious metal that trades on the NYMEX or COMEX exchanges in 2019. Palladium’s price action was impressive considering that as of December 27, gold, silver, and even platinum have posted double-digit percentage gains compared to their closing prices as of December 31, 2018.

Source: CQG

As the weekly chart highlights, palladium moved from $1197.50 on the final day of 2018 to $1875.40 as of December 30, a gain of 56.6%. Palladium climbed to its most recent continuous contract high of $1963 per ounce in December while the March futures contract peaked at $1974.60.

Both price momentum and relative strength indicators were in overbought territory on December 30, but the metrics came down from recent highs given the correction on Friday, December 20. On the weekly charts, palladium put in a bearish reversal during the week of December 16. On a year-on-year basis, the total number of open long and short positions in the NYMEX palladium futures market edged lower in 2019, falling from 26,773 to 23,735 contracts from the end of 2018. Meanwhile, weekly historical volatility at 23.12% was just below the midpoint of the year for the metric.

2019 was such a good year for palladium that it was the best-performing commodity that trades on US exchanges of all during the period.

A rally for the ages since 2016

The bull market in palladium kept going in 2019, but it dates back four years to the beginning of 2016.

Source: CQG

The monthly chart illustrates what has been a parabolic trend in the precious metal since it found a bottom at $451.50 in January 2016. At $1875.40, the price was over four times higher since the 2016 bottom. Over four years, every price correction has been a buying opportunity in the precious and industrial metal. The most recent decline from $1963 to $1808.80 during the week of December 16 was looking like another opportunity to purchase palladium as the price recovered quickly to around the midpoint as of December 30.

A new decade poses threats to the rally

Palladium has been nothing short of a bullish beast since early 2016. The metal that cleanses toxins from the air in gasoline-powered automobile catalytic converters has experienced significant demand growth. With tighter pollution regulations around the world, and specifically in China, the requirements for the metal continue to rise.

The vast majority of palladium output each year comes from South Africa and Russia. According to Johnson Matthey, 2019 was the eighth consecutive year of a deficit between supply and demand in the palladium market, which continues to fuel price gains.

Source: Johnson Matthey

The chart shows that in May 2019, Johnson Matthey projected an 809,000-ounce deficit. The supply shortage was likely even higher as the price of the metal rose from a low of $1256.50 in early May to over $1875 per ounce at the end of 2019. The deficit remains significant as the total annual global output of the metal is around seven million ounces or 218 metric tons, and gross demand was 11.154 million ounces. While recycled metal provided additional supplies of 3.349 million ounces, it was not nearly enough to meet the growing demand.

While fundamentals could be telling us that the $2000 per ounce level will give way in 2020, platinum is a denser metal with higher resistance to heat than palladium.

Source: Johnson Matthey

The chart shows that Johnson Matthey projected that platinum would also move into a deficit in 2019 after a surplus weighed on the price of the precious metal in 2017 and 2018. Platinum rose from under $790 in May to the $958 per ounce level on December 30.

Meanwhile, at an over $900 per ounce discount to palladium, industrial consumers could begin to substitute platinum for palladium in 2020 as the deficit looks set to continue. Any improvement in global economic conditions would likely increase demand for both platinum and palladium in 2020.

The downside risk in the palladium market has increased dramatically, given the four-fold price increase since January 2016. The bearish price action and correction on December 20 could be a sign of things to come as volatility is likely to continue to rise with the price of the metal in 2020. Sudden price spikes to the downside could become the norm, and if the deficit expands, price vacuums to the upside could follow. Trading and investing in highly volatile commodities can be like riding a psychotic horse through a burning barn. The parabolic price action in the palladium market looks set to continue into the new decade. However, the path to higher prices could be a wild ride.

PALL is the palladium ETF product

The most direct route for a risk position or investment in palladium is via the physical market for bars and coins. The deficit and limited supplies can make premiums to the market price very expensive for these products. The NYMEX palladium futures have a delivery mechanism, which guarantees smooth convergence between physical and futures prices during delivery periods.

The Aberdeen Standard Physical Palladium Shares ETF product provides an alternative to physical or futures. The most recent holdings of PALL include:

Source: Yahoo Finance

PALL has net assets of $280.49 million, trades an average of 31,912 shares each day, and charges holders a 0.60% expense ratio. As of December 30, the price of palladium was 56.6% higher in 2019.

Source: Barchart

The chart shows that PALL moved from $119.05 on December 31, 2018, to $179.82 on December 30, 2019, an increase of 51% as it marginally underperformed the price action in the continuous palladium futures contract.

GLTR has some exposure to palladium, but is diversified

For those looking for a more diversified approach to precious metals in 2020, the Aberdeen Standard Physical Precious Metals Basket Shares ETF holds physical palladium as well as gold, silver, and platinum. The most recent top holdings of GLTR include:

Source: Yahoo Finance

GLTR has net assets of $463.08 million, trades an average of 24,328 shares each day, and charges holders a 0.60% expense ratio.

Source: Barchart

GLTR closed at $63.16 at the end of 2018. At $76.13 per share on December 30, the ETF product was a bit over 20.54% higher on the year.

Palladium looks like higher prices could be on the horizon in 2020 as the metal approaches the $2000 per ounce level. However, it could be a very bumpy ride as parabolic markets can suffer brutal setbacks. A 50% rise in 2020 would put palladium over $2800 per ounce. If the price of the metal is heading there, gold, silver, and platinum are likely to experience significant gains.

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

Source: https://seekingalpha.com/article/4314566-palladium-prospects-for-repeat-performance

Tartisan #Nickel $TN.ca – Demand for nickel to spike due to growing demand for electric vehicles #EV $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:53 PM on Monday, January 6th, 2020

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

Demand for nickel in PH to spike due to growing demand for electric vehicles

By Antonio L. Colina IV

  • The nickel industry in the Philippines can expect a brighter prospect for 2020 as the global demand is expected to increase for the manufacturing of electric vehicles (EVs).

Cha Olea, Philippine Nickel Association (PNIA) executive director, said in an interview on Friday that the association has seen an increasing trend for electric vehicles worldwide, including the Philippines, leading to a possible industry boom as a result of a shift from fossil-run vehicles to more environment friendly electricity-run vehicles to curb carbon emission.

“The primary component of EV battery is nickel because of the batteries,” she said. Aside from nickel, Olea said the batteries also need cobalt and magnesium, but 50 percent of the batteries for EVs are made of nickel.

The executive added that manufacturing plants’ demand for stainless steel, which is also derived from nickel, would increase.

Members of the European Union targets to totally eradicate carbon emission by 2030, while the United States has been slowly replacing fossil-run vehicles with EVs, by offering incentives to owners of electric vehicles.

“Nickel has a very good prospect in the future, especially that Europe’s direction by 2030 is zero carbon emission. They are shifting to electric vehicles,” Olea said.

She said the Philippines is one of the biggest producers of nickel in the world, producing an estimated volume of 30 million metric tons last year. Of which, around 90% had been exported to China while the remaining 10% to Japan, Australia, and EU.

“Globally, they are looking for Philippines. Of course, we have to position ourselves strategically,” she said.

She noted that in the Philippines, some public utility vehicles had been replaced with e-tricycles and e-jeepneys.

Olea said at least 70% of the nickel ore extracted from the Philippines would be used for stainless steel, 3% for other components, 6% for batteries of EVs, 2% for castings, 6% for plating, 9% non-ferrous metals, and 4% for alloy steel.

She said the new opportunities in the global market would benefit the domestic nickel industry. According to her, the mining industry in the Philippines employs some 250,000 workers. (Antonio L. Colina IV / MindaNews)

Source: https://www.mindanews.com/top-stories/2020/01/demand-for-nickel-in-ph-to-spike-due-to-growing-demand-for-electric-vehicles/

American Creek Resources $AMK.ca – Gold Poised To Test Resistance From 2011-2013 As US/Iran Rhetoric Escalates $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 3:28 PM on Monday, January 6th, 2020

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.

Welcome to 2020, a year in which the President of the United States conducts war via his Twitter account:

Regardless of how you feel about President Trump or the US/Iran situation, the fact is that things escalated a great deal over the weekend after a US airstrike eliminated Iranian General Suleimani on Thursday night in Baghdad. 

This dangerous escalation of posturing between the mightiest military on the planet and a country of more than 80 million people which also happens to possess formidable conventional and unconventional military capabilities could have potentially far reaching financial market implications. 

With Middle East equity indices already down between 3% and 5% I fully expect S&P futures to open lower Sunday night. Gold futures and crude oil futures could also rise sharply in thin Sunday night trading as scared short sellers are forced to close out losing positions.

My interest is in gold in particular.  Turning to the monthly chart we can see that gold ended last week right at previous support from 2011-2013:

Gold (Monthly)

There is layer of resistance stretching from the September 2019 peak at $1565 to the April 2013 high at $1604.30. If gold gaps higher into the teeth of this resistance it should make for an interesting week of trading which is likely to be characterized by higher volatility and higher trading volumes. Gold sentiment is running hot after a more than $100 rally over the span of five weeks. In addition, positioning among gold futures traders is also at an extreme with commercial traders (producers, swap dealers, etc.) in gold futures holding their largest net notional short position on record (more than US$50 billion):

Technically speaking, gold is getting a bit overheated on shorter time frames (daily, hourly, etc.). However, on the weekly and monthly charts the gold party could be just getting started after a 6+ year bottoming process that only transitioned into a nascent uptrend six months ago. 

Nobody knows how the US/Iran situation is going to unfold, but one thing is for sure and that is that it’s a scary situation which has the potential to get a lot worse before it gets better. If there was ever a time to own gold it would be now, and perhaps that is why we should take standard sentiment/technical indicators with a grain of salt.  Judging by the massive commercial short position in gold futures the yellow metal is in the midst of a massive short squeeze – short squeezes can often reach crazy extremes before experiencing a reversal (only once the most leveraged short players have been forced to cover at the highs).  This may be what is about to unfold in gold. 

Source: https://ceo.ca/@goldfinger/gold-poised-to-test-resistance-from-2011-2013-as-usiran-rhetoric-escalates

Physician Groups Order The Heartcheck(TM) Cardibeat For In-Home Arrhythmia And Atrial Fibrillation Monitoring – CardioComm Solutions $EKG.ca $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 2:22 PM on Monday, January 6th, 2020

Patient Self-Monitoring Extends Physicians’ Reach for Proactive Monitoring of Atrial Fibrillation Recurrence and any Arrhythmia.

  • Confirms market traction with orders being placed by physician groups for the newly launched HeartCheck™ CardiBeat Handheld ECG monitor and GEMS™ Mobile Smartphone app for prescribed in-home arrhythmia monitoring
  • Dr. Yaariv Khaykin, Physician Lead at PACE and Chief Medical Information Officer at Southlake Regional Health Centre, stated, “We are very excited at the opportunity to introduce the use of this home-based ECG/arrhythmia monitoring technology to our patients empowering them to take greater charge of their health.”

TORONTO, ONTARIO / January 6, 2020 / CardioComm Solutions, Inc. (TSX VENTURE:EKG) (“CardioComm” or the “Company“), a global provider of consumer heart monitoring and electrocardiogram (“ECG“) device and software solutions, confirms market traction with orders being placed by physician groups for the newly launched HeartCheck™ CardiBeat Handheld ECG monitor and GEMS™ Mobile Smartphone app for prescribed in-home arrhythmia monitoring.

Partners in Advanced Cardiac Evaluation (“PACE“), the largest arrhythmia practice in Ontario (Canada) placed a first order of the HeartCheck™ CardiBeat Handheld ECG monitors and is recommending its patients to use the devices for one year of in-home, self-monitoring with an emphasis on detecting a recurrence of Atrial Fibrillation (“AF“) following cardiac ablation treatment for AF. The Company confirms that additional hospital affiliated physician groups have also purchased the HeartCheck™ CardiBeat ECG devices for evaluation in their respective practices with additional orders expected in early 2020.

AF is a life-threatening arrhythmia that is difficult to treat. Cardiac ablation is a procedure commonly used to correct AF; however, AF recurrence after ablation is common and can be “silent”, occuring without any symptoms, discomfort or warning to the patient (See Note 1). PACE patients will use the GEMS™ Mobile Smartphone app to record ECGs taken by the HeartCheck™ CardiBeat which will then be automatically forwarded by CardioComm’s SMART Monitoring ECG service directly into the patient’s cardiologist’s Electronic Medical Record (“EMR”). Should any submitted ECG recordings show a recurrence of AF or a presence of other cardiac arrhythmias, the patients are contacted by PACE and follow-up visits scheduled. ECG reports generated through GEMS™ Mobile are eligible for medical service reimbursement in both Canada and the US.

Dr. Yaariv Khaykin, Physician Lead at PACE and Chief Medical Information Officer at Southlake Regional Health Centre, stated, “We are very excited at the opportunity to introduce the use of this home-based ECG/arrhythmia monitoring technology to our patients empowering them to take greater charge of their health.”

The GEMS™ Mobile app is available in Android and Apple Smartphone compatible versions as a free downloadable app and allows users to generate unlimited ECG reports to show to their physician. The app also allows users to request their ECG to be reviewed by CardioComm’s SMART Monitoring ECG reading service where the user does not have direct connectivity to their treating physician.

To learn more about CardioComm’s products and for further updates regarding HeartCheck™ ECG device integrations, please visit the Company’s websites at www.cardiocommsolutions.com and www.theheartcheck.com.

Note 1: Heart Rhythm Journal – 2017 HRS/EHRA/ECAS/APHRS/SOLAECE expert consensus statement on catheter and surgical ablation of atrial fibrillation: Executive summary

About CardioComm Solutions

CardioComm Solutions’ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485:2016 MDSAP certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).

FOR FURTHER INFORMATION PLEASE CONTACT:

Etienne Grima, Chief Executive Officer

1-877-977-9425 x227

[email protected]

[email protected]

Forward-looking statements

This release may contain certain forward-looking statements and forward-looking information with respect to the financial condition, results of operations and business of CardioComm Solutions and certain of the plans and objectives of CardioComm Solutions with respect to these items. Such statements and information reflect management’s current beliefs and are based on information currently available to management. By their nature, forward-looking statements and forward-looking information involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements and forward-looking information.

In evaluating these statements, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not assume any obligation to update the forward-looking statements and forward-looking information contained in this release other than as required by applicable laws, including without limitation, Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).

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

SOURCE: CardioComm Solutions, Inc


View source version on accesswire.com:
https://www.accesswire.com/572152/Physician-Groups-Order-The-HeartcheckTM-Cardibeat-For-In-Home-Arrhythmia-And-Atrial-Fibrillation-Monitoring

Here’s What Automakers are Showing at CES Electronics Show SPONSOR Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 1:14 PM on Monday, January 6th, 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

Nissan will show its Ariya EV concept to the tech-oriented audience.

The former Consumer Electronics Show, now known simply as CES, lacks the new-model cachet of a premiere world auto show. And automakers are not yet using the Las Vegas electronics extravaganza to shine the spotlight on their newest creations. But as the auto industry grapples with technology-fueled disruption from electrification, autonomous driving and upstart business models, CES is becoming the venue of choice for brands to prove to consumers, and each other, that they are embracing the future of mobility.

More than 160 automotive technology companies, including 10 major automakers, will attend this year looking to forge partnerships and recruit hard-to-find tech and engineering talent. Several top auto industry executives will attend, including Daimler CEO Ola Kallenius, Ford Chief Technology Officer Ken Washington and BMW r&d boss Klaus Frohlich. U.S. Secretary of Transportation Elaine Chao will deliver a keynote address on the state of innovation and DOT initiatives to integrate new technologies into U.S. transportation systems.

Here’s a roundup of what automakers expect to show at CES.

BMW will tease an interior concept for its i3 EV. The “BMW i3 Urban Suite,” said to have the “relaxed feel of a boutique hotel,” features a large seat with footrest, a screen that flips down from the headliner and a “personal Sound Zone.”

Fisker will debut the Ocean all-electric crossover, powered by an 80-kWh lithium ion battery pack and with an expected range of up to 300 miles. Production should begin at the end of 2021.

Ford will show its 2021 Mustang Mach-E crossover. The highly anticipated mass-market EV, with a 300-mile range, is Ford’s answer to Tesla, General Motors and others that beat it to the electric market with long-range EVs.

GM will demo integration of Amazon’s Alexa Auto voice-controlled virtual assistant in a new Cadillac CT5.

Honda will showcase technologies being jointly developed by its incubator Honda Xcelerator and startups focused on improving workplace ergonomics and manufacturing efficiency. Honda will demo exoskeleton devices and a voice-enabled, AI-powered personal assistant developed with SoundHound. And it will show its “Smartphone as Brain” technology, which allows motorists to safely use their phones while on the road.

Hyundai will reveal details about a flying vehicle concept and a “highly customizable” prototype car with autonomous-driving capabilities. The automaker has said it plans to evolve into a “smart mobility solution provider” by 2025 and will invest more than $50 billion in electric and fuel cell cars, autonomous driving, flying taxis and mobility services.

Mercedes will reveal a concept vehicle it described as “envisioning a completely new form of interaction between humans, technology and nature,” and show its EQ EVs. Mercedes said it expects to introduce a fleet of 10 EVs by 2022, starting with the EQC electric compact crossover set to arrive in the U.S. in 2021.

Nissan will showcase its Ariya electric crossover concept. A production version of the five-seater could arrive in the U.S. in 2021. U.S. dealers briefed on the product last summer said the new EV will have a 300-mile battery range and go from 0 to 60 mph in less than 5 seconds.

Renault will demonstrate technology that allows connected devices in the home to be controlled from a car dashboard. The company also plans to show a battery-powered EV with a hydrogen system that triples a zero-emission vehicle’s range.

Toyota will reveal details around its new mobility ecosystem and demo several concept vehicles.

Terpenoids And Cannabinoids – What’s The Difference? SPONSOR: Applied BioSciences $APPB $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 12:00 PM on Monday, January 6th, 2020

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If you have been studying cannabis products in depth to find out that one full-spectrum CBD oil that would suit all your needs then you’d have come across the word terpenes. But what are these terpenes, or as others refer them, terpenoids?

Of course, if you are looking to buy CBD, you would be aware of what cannabinoids are. these are compounds found in the cannabis plants, hemp and marijuana. So now you have two terms cannabinoids and terpenoids – but what’s the difference between the two? let’s take a look at this below:

Cannabinoids

Cannabinoids like cannabidiol and tetrahydrocannabinol have therapeutic properties. They interact with the natural endocannabinoid system in your body. What they basically do is that they control the functionality of cells – this means they manage cell signaling.

Cannabinoids regulate the receiving, processing, and sending of messages between cells. A cannabinoid like CBD can interact with cannabinoid receptors in the ECS and regulate your mood, anxiety, inflammatory response, and much more.

While THC and CBD are the most popular cannabinoids that have studies supporting their effects, there are hundreds of other cannabinoids too. These include CBG and CBN among others. All cannabinoids come with distinct features.

Terpenes

Terpenes or terpenoids are aromatic molecules not only found in cannabis but in several other plants as well. These as well have therapeutic properties. They are found in fruits as well. Terpenes in the lavender flower are responsible for its unique aroma and soothing properties.

Terpenes also found in citrus fruits and berries too. One terpene that exists in both cannabis as well as a fruit, mango, is myrcene. The aroma of weed that many people appreciate comes from this very terpene. Inside plants, terpenes play a very important role. They protect against the attack of pests, bacteria and other external agents. The amount and type of terpenes in cannabis plants varies from one strain to another.

The Entourage Effect

Experts recommend you to go for a full-spectrum CBD formula because it contains cannabinoids as well as terpenes. Cannabinoids and terpenoids work together to provide better benefits. They have an entourage effect together which enables you to get better result sooner. This is because like cannabinoids, terpenes also have health profiting qualities.

For instance, some terpenes have an anti-inflammatory nature while others are great for stress relief. As you may already be aware, CBD also provides these benefits. Of course, when in combination with other compounds that have similar properties benefits that you drive are more.

Verdict

Cannabinoids and terpenes are compounds found in the cannabis plant. Both have therapeutic properties but are different. Terpenes are aromatic molecules responsible for the flavor of a plant and fragrance. Cannabinoids interact with the ECS of the body. Together they work even better which is why full-spectrum CBD is revered more than CBD isolate.

SOURCE: https://prospercbdnews.com/Terpenoids+And+Cannabinoids+-+What%E2%80%99s+The+Difference%3F