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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (166843)1/8/2021 4:06:09 AM
From: TobagoJack  Read Replies (3) | Respond to of 217802
 
gold just dropped against everything ...

There were 17,598 lots ( 55 tons ) of GCG1 pushing it down by $33/oz to $1875, now bouncing to $1892/oz.

By Ranjeetha Pakiam and Nicholas Larkin
( 8 Jan Bloomberg) -- Gold dropped below $1,900 an ounce, heading for a weekly loss, as the dollar turned higher and equity markets rose.

Billion slipped as much as 1.8% in London, as a gauge of the dollar spiked from the day’s low, while stock markets were supported amid hopes for more stimulus. The two Democratic wins in Georgia’s Senate runoffs this week give U.S. President-elect Joe Biden full control of Congress, potentially paving the way for him to push his legislative agenda forward.

Bullion’s had a mixed start to the year after posting the biggest annual advance in a decade. While there’s still plenty of tailwinds -- a raging pandemic, uncertainty over the economic recovery and rising inflation expectations, to name a few -- gains in benchmark Treasury yields this week weighed on the non- interest bearing asset.


Spot gold dropped 1.3% to $1,890 an ounce by 8:26 a.m. in London. Silver, platinum and palladium also declined.



To: Maurice Winn who wrote (166843)1/8/2021 5:14:40 AM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Read Replies (1) | Respond to of 217802
 
Good news on the anti-fragile / anti-hacking / anti-eavesdropping front, just as I reckoned when China launched the quantum communication satellite, that commercial service on that and related technologies would be tee-ed up for whomever willing to pay

yicaiglobal.com

Jan. 6 -- China Telecom, one of the country’s biggest telecommunications companies, has begun offering China’s first quantum mobile SIM card that prevents eavesdropping.

The special SIM cards went on sale in central Anhui province and are available to owners of different handsets, the Paper reported today.

With the product, users can choose between making normal phone calls or quantum-secured calls to other users who have the same SIMs. The encryption key is chosen from options that are updated in real time. When a call is ended, the key is deleted.

This more secure means of communication has emerged in recent years. In 2017, China’s QuantumCTek launched the world's first quantum phone in cooperation with ZTE. Last May, Samsung Electronics and SK Telecom introduced the Samsung Galaxy A Quantum, the world’s first fifth-generation wireless handset to use quantum encryption.

Beijing-based China Telecom teamed up with integrated circuits maker Unigroup Guoxin Microelectronics and QuantumCTek on the pioneering technology, the chipmaker said on the Shenzhen Stock Exchange's investor relations platform last October.