Agoracom Blog

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

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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

The Future Of #Edtech And Learning In India From An AR/VR Lens SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:57 AM on Monday, January 6th, 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.

The Future Of Edtech And Learning In India From An AR/VR Lens

  • Educators around the globe today have realised that AR/VR are big breakthroughs when it comes to learning — for a method as well as outcomes.
  • As Ankur Aggarwal, founder of VR-based edtech startup Veative told us the enduring objective of edtech is to improve the yearning to learn and AR/VR helps implement it in a spectacular manner.

By: Meha Agarwal

In the 21st century, technology is taking over education — be it skill-building programmes in universities, real-world technical training and learning of abstract concepts in schools. The shift from conventional means to experiential methods of transacting learning has seen new-age technologies like augmented reality (AR), virtual reality (VR) and mixed reality — a combination of AR/VR — have been playing a key role in driving learning and edtech engagement.

Educators around the globe today have realised that AR/VR are big breakthroughs when it comes to learning — for a method as well as outcomes. As Ankur Aggarwal, founder of VR-based edtech startup Veative told us the enduring objective of edtech is to improve the yearning to learn and AR/VR helps implement it in a spectacular manner.

“AR/VR has great potential in democratising the educational process and making it a personalised learning experience for learners of all stripes. AR/VR is not a gimmick when deployed correctly. They allow learners to explore abstract concepts in a distraction-free environment and allow them to connect with the concept,” Aggarwal added.

And that is not a lone opinion. Vivek Goyal, cofounder of AR edtech startup Playshifu, emphasises that learning today means much more than just remembering the facts. Anumukonda Ramesh, country manager for the Indian subcontinent, Unity Technologies, one of the biggest gaming engines in the world, also ascertains that the Indian education system needs to leverage new technologies in order to stay relevant in an ever-changing world.

What Is The Difference Between AR And VR?

While both are visual technologies that rely on non-traditional interactions, AR and VR are fundamentally different. When used together, it is often referred to as mixed reality. Reliance Jio is looking to make mixed reality mainstream in India with the acquisition of deeptech startup Tesseract which has made an MR product called Holoboard.

Simply put, augmented reality or AR is a multi-sensory interactive experience that involves real-world elements in a virtual environment. It is known to offer perceptually-enriched experiences to users by using real-world elements and adding a layer of information or visual aid on top of it in a natural manner.

The most common examples of AR technology is seen in animated emojis these days on smartphones such as Apple iPhones, Samsung Galaxy series and more. In the industrial context, AR applications can help with on-the-go learning for maintenance and troubleshooting, systems maintenance work and other computer-aided learning and training.

On the other hand, virtual reality is a simulated experience that can either offer a very realistic virtual experience that mimics the real world or fantastically new visual experiences that transcend the boundaries of reality and surrealism. Currently, standard virtual reality systems either use VR headsets or multi-projected environments to generate images, sounds and other sensations. VR applications have found use in healthtech, edtech and consumer services sectors.

What Future Does AR/VR Have In Edtech?

As PlayShifu’s Goyal explains, we can broadly divide formal education into three segments — early, secondary and tertiary learning (higher education). For early learners, playing is the way to learn and AR/VR can make a significant impact as it enhances any play experience 10x. Learning about core fundamental skills like alphabets, numbers, logical reasoning can be made so much more fun and engaging with AR-enabled gameplay.

“For more advanced ages, we are already seeing a lot of hardware development being done in terms of AR glasses. These will enable grasping and practicing concepts more profoundly with the help of life-size 3D animated content that students can manipulate and observe in their learning space,” Goyal added.

Here are the primary reasons why AR/VR are believed to be the future of learning and education.

  1. Boosts Learning Retention
  2. Personalised Learning Experiences
  3. Increases Possibilities Of Experimentation
  4. Reduces Reliance On Learning By Rote
  5. Empowering Educators And Learners
  6. Encouraging Active Learning

The founders we spoke to believe that AR and VR technology can have an impact not just for young ages but also for reskilling, corporate learning, industrial applications and more.

AR/VR Boosts Learning Retention

Veative’s Aggarwal adds example of the ‘Cone of Learning’, created in 1969 by US educator Edgar Dale. Aggarwal explained that after two weeks, the human brain tends to remember just 10% of what it has read, 20% of what it hears, 30% of what it sees and up to 90% of the actions performed or simulated.

This means immersive and innovative digital tools will facilitate experiential learning in more effective ways. This will enhance the learning process and help learners connect multiple concepts, work at their own pace and according to their level of proficiency.

Related Article: Current Reality Of Augmented Reality And Virtual Reality In Indian Market

Highly Personalised Learning Experiences

This brings us to personalised learning. Interactivity is the key reason why AR/VR is so attractive for education purposes and this purpose get more value when AI is introduced with this technology. This will provide highly personalised learning experiences based on learning patterns and behaviour. The seamless integration of AR and VR in the education landscape will help to personalise learning and upskill learners.

Other entrepreneurs such as Simulanis founder Raman Talwar and Skillveri founder Sabarinath Nair also agreed with this. “We are witnessing a transgression from one-size-fits-all learning methodology to a personalised and experiential one, where learners’ learn by doing,” Talwar told us.

Increases Possibilities Of Experimentation

Unity’s Ramesh added that AR/VR provide safe sandboxes for complex learning exercises, like giving children their own virtual chemistry lab to kindle experimentation.

To cite an example, Apple’s ARKit platform is an incredible leap towards immersive learning. It helps teachers create AR experiences in which students explore 3D models of the human body. With its advanced detection feature, they can see a computer-generated, detailed simulation of the male and female anatomy. And what’s more, they can manually trigger motions between the different parts of the human body in the virtual space.

“Not only does this enable learners to visualise and design different scenarios, but it also improves their manual dexterity. Thus, it ensures a higher level of motivation and engagement,” added Next Education’s CEO and founder Beas Dev Ralhan.

Reducing Reliance On Learning By Rote

Next Education’s Ralhan further adds that the biggest advantage of using AR in the classroom environment is that it offers visually-impressive experiences. AR/VR-based immersive and experiential learning environment creates chances for focus and attention on a topic or idea, which should positively affect retention rates of the subject matter.

“An open and enthusiastic mind, in a distraction-free environment, means that there is a far greater chance to get to higher-order thinking skills, which are always more difficult to learn and to teach,” added Veative’s Aggarwal.

Empowering Educators And Learners

Educators too have a lot to benefit from leveraging AR/VR techniques for teaching, paired with the right content. Regardless of the medium, content is king, and always will be, edtech startups told us. Just like textbooks, without the right content, VR headsets will only gather dust on a shelf.

With virtual labs, social media learning, and gamification, learning can be made more engaging for learners and students. We will see AR/VR could open a wide range of simulations. Books in the future could be digital, infused with AR technology and educators can place helpful milestones in the real world for students to stumble upon for practical and hands-on learning. Subjects and digital counterparts of real-world objects will make delivery of lessons simpler. New games with AR-enabled assistants and immersive VR experiences can revolutionise the learning and coaching experience for students.

Encouraging Active Learning

The AR/VR is a uniquely personal experience and should be used as such. If providing a distraction-free environment which promoted focused concentration on a subject was the only benefit to VR, then that alone might be enough to justify using this tool.

Veative’s Aggarwal added that learners have a natural curiosity about VR. “We never have a problem getting them interested in using the VR. This very simple fact means that a young learner is coming into the device with an open and curious mind, which is the best starting point for learning to happen.

What Is The Market Opportunity For AR/VR In Edtech Space?

The education sector is forecast to spend more than $6 Bn annually on augmented and virtual reality technologies by 2023, said Simulanis’ Talwar. “Funding for the technologies remains a major hurdle to adoption, but price points for equipment are dropping rapidly, according to a new market forecast from ABI Research,” he added.

Another report, “Augmented and Virtual Reality in Education,” added that the market for augmented reality in education will hit $5.3 Bn in 2023, with the market for virtual reality head-mounted displays trailing at $640 Mn.

Further, as Playshifu’s Goyal highlighted, anything that comes at a relatively low cost is a big win for the schools. “As AR/VR hardware and experiences hit sub-$300 price point in the next five years, we anticipate a wave of mass adoption,” he said.

Ralhan also indicates towards the role AR/VR will be playing in building future workforce. The government plans on building the first augmented-reality based skill training center in IIT (Banaras Hindu University) in Varanasi. Furthermore, since AR applications can work on most modern smartphones, students do not have to spend extra money on devices.

“Such initiatives call for more active participation from AR solution providers in India such as Simulanis, Hedgehog Lab, IndiaNIC Infotech Limited, Hyperlink InfoSystem, Chetu, Plutomen, and Intellify,” added Ralhan.

AR/VR Trends, According To Edtech Startups

Classrooms in the future will not look like they do today. Founders believe that AR will see a prominent push in the next 3 to 5 years in India, and most schools will have dedicated tools. Higher education will see faster adoption for AR and VR tools, given that the technology is already present in such institutions.

India being the second-largest consumer of mobile phones (nearly 800 million) AR/VR offers students the flexibility to access educational content seamlessly across devices. It could also open an opportunity for social collaboration and spatial communication in a room-scale environment, where teachers can teach students remotely, and students can collaborate on various interactive and immersive experiences.

As the saturation point for regular school content is reached, more companies would start focussing on the vocational training using AR/VR content and simulations, in addition to the regular K-12. While these applications are at a nascent stage currently, the central government is working on promoting digital learning and improving teaching standards.

The Existing Gaps In AR/VR Adoption In Education?

Skillveri’s Nair highlighted a crucial challenge for AR/VR startups here. “These technologies have to be seen as a means to an end, instead of an end in itself. A framework is to be used to decide if a particular content or concept will be better delivered through AR/VR, instead of mindlessly applying the technology for everything,” he told Inc42.

The biggest barrier is the lack of knowledge about AR/VR across the education ecosystem. Additionally, the existing curriculum has a proven record of its efficacy, whereas AR/VR, being a new technology, still needs approval by the school management hierarchy involving teachers, and principals.

“The decision-making process should be streamlined in such a way that relevant information about new tools are collected, experimented and finally deployed to provide unprecedented learning opportunities to the students,” said Talwar.

Here are some other existing challenges in the sector, according to entrepreneurs:

Cultural Diversity: For a country as diverse as India — in terms of social, economic, linguistic, and cultural conditions—like India, making a uniform and standardised AR-enabled school curriculum is difficult. Unless private firms bring the costs down and make content more region-specific, state governments will not give adequate subsidy in the purchase and distribution of learning material, or bring AR support to schools.

Learning Capacity Variance: Despite the fact that AR is made to be self-learning with comprehensive guidelines for first-time learners, not all students have the same learning capacity or grasping potential. Therefore, adequate educator training is also very important in AR.

Financial Constraints: State-run schools far outnumber private schools in India. The majority of these schools have severe financial constraints, so public-private partnerships can help these schools to re-establish themselves to become part of the new revolution in the teaching-learning process.

Lack Of Technical Know-How: AR/VR isn’t simple or intuitive for first timers. There are regions in India where computer skills are missing among teachers and students. So VR developers should keep in mind about tech illiterate population for VR to truly shine in education circle.

Shallow or Inadequate Learning Content: While VR content developers have more recently gained prominence, most learning content is not deep enough to have an impact or borders on the cartoonish or childish. It’s hard to create the diversity of content required for all kinds of learners. And most founders believe it will take a long time to bring relevant VR content for all use-cases.

The Evolution Of Edtech Innovation

India is on the brink of an evolution in its education ecosystem. This is perhaps the most exciting and disruptive stage of this sector and innovators are ready to redesign the future of learning.

2020 is expected to be the start of a new era in online learning, with edtech creating big waves. Learning and schools will incorporate concepts of global collaboration, personalised learning, simulations, AI, real-world learning systems, mobile classrooms and immersive learning experiences.

As Ajit K. Chauhan, chairman, Amity University Online and Amity Future Academy told us with an influx of educational technologies it is very likely that the future years will see further integration of blockchain, cloud computing, AR/VR, collaborative learning and edge computing.

“Artificial intelligence is emerging as an integral part of the eLearning ecosystem. We see several AI educational solutions coming to the fore. It is predicted that AI can fill the need-gaps in learning and teaching. It is expected to broaden the purview of schools and teachers.”

Source: https://inc42.com/features/what-is-the-future-of-edtech-and-learning-in-india-from-an-ar-vr-lens/

Labrador Gold $LAB.ca – Gold Market Update $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 11:54 AM on Monday, January 6th, 2020
This image has an empty alt attribute; its file name is LAB-square-logo-2.png

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In this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian General and its potential implications for the gold price.

On the latest 10-year chart we can see that gold is making a 2nd attack on the key major resistance level in the $1530 – $1560 zone, which is hardly surprising considering what happened last week.


The reason that this resistance level is of such major importance is made abundantly clear by the following chart made by a subscriber and kindly forwarded to me, which I reproduce with his permission. As we can see gold made no less than 5 significant lows at this level between 2011 and 2013, before it finally crashed this support and plunged 15% in 2 days, so it is clearly of huge significance and is the biggest hurdle by far on the way up. Therefore, even given the latest mayhem in the Mid-East, we should not be surprised if it now stalls out here and possibly backs off for a while to form a trading range, which is also made likely by its now being critically overbought on its RSI indicator and by the latest COTs, which we will look at lower down the page, coming in with really extreme readings again. This makes sense given that we now at a time of maximum tension.

From a subscriber – highlighting gold’s key support at the $1530 – $1560 level, which is now of course strong resistance…


Detail showing the plunge that was triggered the failure of this support…


On the 6-month chart we can see how, after breaking out of the corrective downtrend in force from early September, gold has risen steeply, without one down day so far to become critically overbought on its RSI indicator as it drives into the zone of strong resistance with volume becoming heavy on Friday. This of course increases the chances of its reacting back the moment tension over the Mid-East situation eases, even if only slightly.


As for the COTs, they are showing extreme readings once more (chart is for 24th December), which suggest that, especially if tension over the Iran situation eases short-term, gold will probably back off some into a consolidation pattern that will enable it to charge up sufficiently to take out the key resistance in due course.

Click on chart to popup a larger, clearer version.


Now we come to the possible impact of the US killing of the top Iranian General. In order to figure out the real motivation for this act, we simply have to ask the usual question “Who stands to gain?” The first interest group that stands to gain is the US military, which receives about $700 billion of taxpayers’ money every year, and probably about $500 billion of this is in excess of what it needs to defend the Homeland. So in order to justify this bloated budget it creates enemies and conflicts around the world. The next interest group is Israel, which controls the US and uses the US military as a sledgehammer to achieve its objectives which include dominance of the Mid-East. Iran is the big prize. Finally the Republicans and Trump himself stand to gain at the polls later this year as the population will predictably “rally round the flag” as a result of conflict with Iran. Knowing all this, we can quickly deduce that the killing of the Iranian General was an act of extreme provocation designed to trigger some kind of counter attack by Iran that can then be used as an excuse to launch a bombing campaign against it. Even if Iran exercises maximum restraint and does nothing beyond making empty threats to assuage its angry populace, it may still fall victim to an onslaught after a calculated false flag attack which is blamed on it. So whatever it does, it loses – it’s been put in a classic “zugzwang” situation.

For all the bluster, Iran’s military is no match for that of the US of course, which spends more than the rest of the world put together on arms. The best way for Iran and Islam in general to “get even” with the West for all its many decades of Colonial interference in the Mid-East, exploitation and massive destruction inflicted on places like Iraq and Libya and the Palestinians therefore (looked at from their point of view) is to conduct “asymmetrical warfare”, invade Western countries and attack their churches and institutions etc, and then take them over gradually by outbreeding them. Western societies are now too corrupt, decadent, morally bankrupt and weak to stop this happening, and it is happening right now in Europe, and the only reason it isn’t happening to the same extent in the US is that it is a lot harder to pilot a rubber dingy across the Atlantic Ocean than the Mediterranean Sea, although as we know the Democrats and the Left appear to trying to take up the slack by destroying the country from within in places like Portland, L.A. and San Francisco, and this rot will spread unless right minded people take a vigorous stand.

All this is mentioned because it is clear that the killing of the Iranian General is the prelude to a military strike against Iran, which will probably take the form of an extensive and intensive bombing campaign that both Israel and the US have been looking forward to for years, because a ground invasion is out of the question due to the geography and logistics. The goal as usual will be to destroy its military capability and wreck its infrastructure with the eventual aim of installing a puppet government and opening up the country to Western exploitation, and the wild card in all this will be whether Russia and China will do anything to prevent it, or just stand and watch. It is thought that they don’t have the nerve to intervene. In any event, if such a campaign is launched, we can expect the world to be gripped by an acute sense of crisis and gold will spike. Iran may have the ability to disrupt the flow of oil out of the Persian Gulf, albeit temporarily, which would trigger an oil price spike and a stockmarket crash.

Last week’s updates concluded with a look at the highly bullish charts for gold measured against the Australian dollar and the Japanese Yen, and this week we will look at gold against the Canadian dollar and the Swiss Franc.

While many investors are still agonizing about whether gold is in a bullmarket or not, that is because they are fixated on the charts for gold in US dollars. When you look at gold in other currencies you realize that it is already very much in a bullmarket, and recently made new highs against many currencies, like the Canadian dollar shown below…


Even against the Swiss Franc, which amongst currencies enjoys some safe haven status, gold is performing better than it is against the dollar…


…and we should remember that the dollar may not remain as “king of the hill” forever, especially as a number of major powers in the Asia especially are preparing to ditch it.

Finally, we are going to take a quick look at an unusual chart for gold submitted by the same subscriber as some of the charts above. It is unusual because it is a yearly candlestick chart, meaning that each candle on it is for an entire year. Its supreme advantage is that it keeps things simple. The Triangle shown on it is his interpretation, not mine. It certainly looks positive here with a big white candle for 2019, with the arithmetic version shown looking even more bullish. This type of chart also has a potential advantage for the writer, as if only this chart were used, I would only have to write these updates once a year.


Courtesy of Clive Maund: https://www.clivemaund.com/gmu.php?art_id=68&date=2020-01-05

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Posted by AGORACOM-JC at 10:34 AM on Monday, January 6th, 2020

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Hundreds of Institutions Are Already Investing in Crypto: Coinbase CEO

By: Joseph Young

According to the CEO of one of the biggest cryptocurrency exchanges globally, institutions are already actively investing in the emerging asset class and the trend is likely to continue throughout 2020.

Will institutions further bolster the crypto market in 2020?

Prior to 2019, institutional investors only really had Bitcoin Investment Trust (GBTC) by Grayscale and CME Group’s futures market to invest in bitcoin.

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Starting mid-2019, a growing number of exchanges and regulated service providers have started to provide custodial solutions targeting institutions. It led to the establishment of a more efficient and stable environment for institutions to invest in cryptocurrency.

Armstrong said:

“We’ve already started to see small institutions enter the cryptocurrency space. Hundreds have joined Coinbase Custody in the past 18 months. I would expect this rapid growth to continue in 2020, with larger and larger institutions coming on board. Eventually just about every financial institution will have some sort of cryptocurrency operation, and most funds will keep a portion of their assets in cryptocurrencies, partially due to the uncorrelated returns.”

Both Bakkt and cryptocurrency exchanges offering custodial solutions are yet to see large volumes, mostly because it takes time for institutional infrastructure to become more established.

“Bakkt will be likely first a trickle and then a flood. The reality is that most regulated futures contracts get low adoption on day1 simply b/c not all futures brokers are ready to clear it, many ppl want to wait and see, the tickers are not even populated on risk systems, etc,” Three Arrows Capital CEO Su Zhu said.

Independent funds seeing more institutional inflow

Despite a noticeable decrease in deal value in the latter half of 2019, in October of last year, Anthony Pompliano of Morgan Creek Digital said that the firm’s crypto fund secured $60 million from institutional investors.

Source: https://www.newsbtc.com/2020/01/06/hundreds-of-institutions-are-already-investing-in-crypto-coinbase-ceo/

NORTHBUD $NBUD.ca – Teas and edibles and vapes, oh my! $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 9:21 AM on Monday, January 6th, 2020

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Teas and edibles and vapes, oh my!

By: Kyle Mack

The latest in cannabis products will be available for legal sale in Ontario.

The Ontario Cannabis Store (OCS) is releasing 59 new products including edibles, beverages, lotions, and concentrates in stores today but online Jan 16.

Prices of edibles range from $7.50 to $16 per item while beverages can cost between $4 to $10 and vapes falling between $25 – $125. Daniel Safayeni, Director of Policy at The Ontario Chamber of Commerce has previously released a statement on the THC limit per edible stating,

“The OCC supports a THC limit of 10-milligrams per discrete unit of edibles, as well as the sale of multi-packs or multiple products—up to a maximum of 100-milligrams of THC per package—within child-proof packaging. As we outline in the report, single-packs are costly, while multi-packs would allow licensed producers to create economies of scale. The proposed regulations, however, limit the amount of THC per package to only 10 milligrams, which is significantly lower than illegal alternatives and lower in other U.S. jurisdictions where recreational cannabis is legal”.

The THC cap may act as a barrier to shifting cannabis shoppers from making illicit purchases, where higher THC contents can be found.

For more information on edibles, visit the Ontario Cannabis Store.

Source: https://www.bttoronto.ca/2020/01/06/teas-and-edibles-and-vapes-oh-my/

NORTHBUD $NBUD.ca – Edibles, vapes and tea coming to legal Ontario cannabis shops Monday $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 2:38 PM on Friday, January 3rd, 2020

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Edibles, vapes and tea coming to legal Ontario cannabis shops Monday

  • Ontario’s cannabis distributor says dozens of new marijuana products will be available in retail shops starting Monday but supplies will be limited.
  • Unveiled 59 new items today including a variety of vapes, edibles and a tea.

TORONTO – Ontario’s cannabis distributor says dozens of new marijuana products will be available in retail shops starting Monday but supplies will be limited.

The Ontario Cannabis Store unveiled 59 new items today including a variety of vapes, edibles and a tea.

The products will be available in the province’s legal cannabis retail stores starting next week and Cannabis edibles to hit store shelves in January.

The distributor estimates that products will be in short supply until March as manufacturers ramp up production to meet demand.

The number of products will grow to 100 in the coming months as they receive regulatory approval.

The OCS says the new selection will help it combat black market sales across the province.

Source: https://globalnews.ca/news/6362213/ontario-cannabis-store-edibles-vapes-tea-retail-shops/

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Posted by AGORACOM at 1:21 PM on Friday, January 3rd, 2020

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With an impressive start to the year this new heightened geopolitical development could be the catalyst to break out gold to multi year highs. The U.S. strike that killed a key Iranian general could have a ripple effect on the signing of the trade agreement on the 15th as China and Iran have recently worked together on joint military operations along with Russia. Any set back in the trade agreement would severely impact the direction of U.S. equities and the expectations for interest rate decisions globally. Price Analysis and Outlook The daily gold chart shows that momentum indicator slow stochastics are rising steadily and reaching overbought territory giving longer term indication that we have pushed into a Bull Market. While ADX, which measures strength of the trend, has turned up over 40 showing that the driving force behind the recent upward move is very strong. The 2 key levels of support to watch are the November 1st high of $1525.2 and the December 30th high of $1519.1. This should act as a consolidation level while a likely upside target completing this trend would be an objective of $1572

Source: https://www.kitco.com/commentaries/2020-01-03/An-Explosive-Rally-in-Gold-and-the-Key-Levels-to-Watch.html

Tartisan #Nickel $TN.ca – Hike in nickel’s global demand seen $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 12:21 PM on Friday, January 3rd, 2020

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Hike in nickel’s global demand seen

ROBERTO A. GUMBA JR.   January 3, 2020

THE nickel mining industry group is bracing for the possible increase in the global demand of nickel brought about by the boom of electric vehicles.

“The direction globally is really the EV (electric vehicle) industry and we have that global competitiveness because more than 50 percent of the component of the entire electric vehicle is really nickel. The batteries itself and the body need more nickel,” Philippine Nickel Industry Association (PNIA) Executive director Charmaine Capili said in a press conference, Friday.
Capili explained battery companies are currently experimenting on putting more nickel mineral in batteries for electric vehicles.

“At present, the composition of the battery that is being used is six nickel, two cobalt, and two magnesium. [By] Late 2018, they already tried to use eight nickel, one cobalt, and one magnesium because they said it has lower production cost and higher efficiency, but they still have to test the durability and further its efficiency,” she said.

She said the growing demand for nickel is also foreseen in the goal of European countries to have zero-carbon emission by 2030 by shifting to electric vehicles.

She added that the demand is not only exclusive to other countries as it has been observed in the Philippine transportation.

“Daghang mga LGUs (local government units) karon nga naga-shift na especially sa Manila e-trike, e-jeep (A lot of LGUs right now are shifting into using electric-powered tricycle and electric-powered jeepneys),” Capili said.

Apart from batteries, she said the stainless steel used for the body of electric vehicles also has nickel in it.

Although the Philippines is one of the largest producers of the mineral’s ore along with Indonesia which is leading in the industry, she admitted there are still factor preventing the country to compete globally.

She said among the challenges are the limitations of exploring other areas because of the moratorium imposed by Executive Order (EO) 79.

“May limitations po sa explorations, no new permits. Kung ano lang yung na approved [areas] for existing operations, doon lang (We are only allowed to mine on those areas approved for operations),” she said.

“We have 9 million hectares available in the Philippines for minerals that is copper, gold, nickel. But the Philippines right now is only maximizing only 2 percent out of the 9 million [hectares], and out of the 2 percent, only 1 to 1.5 percent is operating. There is a very big potential,” she said citing data from the Department of Environment and Natural Resources – Mines and Geoscience Bureau (DENR-MGB).

She shared other challenges confronting the industry is the amount of resources, the low grade of nickel, high cost of electricity to process the mineral, and the technologies of extracting ores or for processing it.

Capili bared that to address these issues, PNIA, an association of seven mining companies operating in Surigao, Palawan, and Agusan is working with the DENR and the Department of Trade and Industry to establish a Nickel Industry Roadmap.

She said the roadmap also aims to create stable policies for the nickel mining industry and other industries reliant on nickel as well as programs that promote the sustainability of nickel mining in the country.

She also hoped that the moratorium will be lifted soon for the country to be globally competitive.

“Hopefully, by middle of this year, we can already share and launch the roadmap but we are still creating the composition of the Technical Working Group because we want to get inputs from the government, business sectors, European Chamber of Commerce in the Philippines, the Electric Vehicles Association of the Philippines, other nongovernmental organizations and academe,” she said.

Source: https://www.sunstar.com.ph/article/1838455