Bonne Année 2021.

Mieux vaut tard que jamais, bonne année 2021.
Que cette année soit remplie de grandes réalisations, de récompenses époustouflantes et remplie de larmes de joie.
Beaucoup de bénédictions du Dieu Tout-Puissant sur vos vies, vos familles et vos entreprises.

-MBH Progress-

We bring the wealth of the earth to your path.

Feliz Año Nuevo 2021.

Más vale tarde que nunca, feliz año nuevo 2021. Que este año sea de grandes logros, recompensas asombrosas y lleno de lágrimas de alegría. Muchas bendiciones del Dios Todopoderoso sobre sus vidas, sus familias y sus negocios.

 

-MBH Progress-

We bring the wealth of the earth to your path.

Happy New Year, 2021

Better late than never, happy new year 2021.
May this year be of great achievements, flabbergasting rewards, and filled with tears of joy.
Many blessings from The Almighty God upon your lives, your families, and your businesses.

-MBH Progress-

We bring the wealth of the earth to your path.

Buy/Sell re-submission required.

Dear valued clients,

Hope this notice finds you well during this COVID 19 pandemic time.

Due to the lock down period, our technicians were grounded and we have experienced some issues in receiving your buy/sell requests from the 1st of March to the 13th of June 2020. We are deeply sorry to inform you that we could not retrieve your requests.

We do apologize and request you to kindly re-submit your buy/sell requests for the above mentioned period.

Regards.

CEO.

Thanking you in advance for holding our hands in partnership.

We bring the wealth of the earth to your path.

COVID 19-Sorting’: How We Decide Whom to Get Close to and Whom to Avoid.

Coronavirus Resource Center.

I was recently interviewed, as a gay psychiatrist treating gay patients who lived through the AIDS epidemic, about my perspectives on living through a COVID pandemic: Were there parallels and contrasts between the two? A month later, listening to patients remotely via teletherapy, I’m experiencing an unsettling similarity to serosorting, a phenomenon that emerged during the AIDS epidemic.

Serosorting is the practice of choosing a sexual partner based on their HIV serostatus. Sorting out who was positive from who was negative allowed people to give themselves permission to have unprotected sex without risk of getting HIV. However, it was not uncommon to make those decisions without really knowing a potential partner’s actual serostatus. In fact, a lot of people serosorted by guessing.

Why not just ask a potential partner, “What’s your serostatus?” Apparently, for some, introducing the subject of HIV was deemed a sexual buzzkill. Instead, assumptions were made based on outer appearances.

Did someone look healthy? Were they well built? Were they overweight, meaning not emaciated from AIDS? If so, they were presumed negative and safe to have risky, unprotected sex with them.

Some imagined age correlated with serostatus. Since anyone older than some arbitrary age — like 30, to pull a number out of a hat — was expected to be more likely to have HIV than someone under 30, they would use that guideline in choosing sexual partners. However, these decisions were made without factual knowledge, like a blood test, but using some internal reasoning process.

Which brings us to what might be called “COVID-sorting.”

Some of my patients believe they had COVID-19, although they’d not been tested to either confirm or disprove that belief. Others had positive COVID-19 antibody tests, which they believe provides immunity. Among that group, some had symptoms, others did not.

Yet regardless of what they actually know or don’t know, patients are making calculations about managing physical distancing using their own internal formulas. They make risk calculations having little to do with actual knowledge of public health precautions on preventing COVID’s spread.

For example, one patient was planning a Memorial Day weekend in a shared Fire Island house with five friends and acquaintances. All six live alone and, as far as he knows, all are physically distancing. Consequently, my patient doesn’t think house-sharing is anything to worry about, even though he doesn’t know how scrupulously others have followed distancing guidelines.

Another patient, recovering at home after being ill with COVID-19, felt safe inviting someone over for sex who had also been ill and recovered. He didn’t think they could infect each other, presuming, not altogether unreasonably, they were both immune.

-Medscape-

https://www.medscape.com/viewarticle/932837?nlid=136087_5403&src=wnl_dne_200625_mscpedit&uac=319182HG&impID=2434243&faf=1

We bring the wealth of the earth to your path.

Happy and Prosperous Year 2018!!!

Let 2018 be the Year of comfort and unprecedented breakthrough.

May you forget the shame of 2017.

Let success be your slave and financial independence your share.Our wishes extend to your family, your business, to everyone around you and your country.

Do good and make people next to you smile.

** Bonne et Heureuse Année 2018 **  

-Team MBH Progress-

We bring the wealth of the earth to your path.

Price of Gold Fundamental Weekly Forecast – Overextended Rally: Needs Weaker Dollar to Sustain the Move.

The price action in gold this week will once again be controlled by the direction of the U.S. Dollar. The dollar will be largely influenced by President Trump’s State of the Union speech on Tuesday Night.

Gold futures continued to push towards the highs of mid-2016 and threatened to break out to levels not seen since 2013 last week in response to a weaker U.S. Dollar.

Forecast

The price action this week will once again be controlled by the direction of the U.S. Dollar. The dollar will be largely influenced by President Trump’s State of the Union speech on Tuesday, January 30 at 9:00 Eastern (0200 GMT Wednesday). Once again, a weaker dollar will be bullish for gold and a stronger dollar bearish for gold.

Traders should expect Trump to talk about the positives in the economy. This may trigger a strong recovery in the dollar, at least over the short-run. This would be bearish for gold.

The Fed will issue its monetary policy statement on January 31. The central bank is not expected to raise interest rates. Traders will be looking for the Fed’s assessment of the economy, inflation and its outlook for future rate hikes.

Finally, investors will also get the opportunity to react to the latest data on employment in Friday’s U.S. Non-Farm Payrolls report. The headline number is expected to show the economy added 184K jobs in January, up from 148K in December. Average Hourly Earnings are expected to increase 0.3% and the Unemployment Rate is expected to remain at 4.1%.

– FX Empire-

We bring the wealth of the earth to your path.

Oil price forecast: Analysts see WTI averaging $56 in 2018.

 

Expectations of robust oil demand growth and high OPEC and allies’ commitment to the production cuts have prompted analysts to raise again their forecast for oil prices in 2018, and they now see WTI averaging $55.78 per barrel next year.

According to a Reuters poll of 32 analysts and economists on Thursday, WTI is expected to trade at an average $55.78 a barrel in 2018, compared to the previous forecast of $54.78 a barrel in the survey carried out right after OPEC and the non-OPEC producers part of deal extended their agreement through the end of 2018. Back then, analysts cited the extension as a sign that the oil market rebalancing could speed up.

In today’s poll, the experts surveyed by Reuters also raised their average forecast for Brent to $59.88 per barrel next year, up from the previous projection of $58.84 a barrel.

Friday afternoon, WTI Crude was trading at $60.12 and Brent Crude was at $66.87.

Analysts see solid global economic growth supporting high oil demand in 2018, while expectations of strong OPEC and friends’ commitment to the cuts are forecast to support oil prices next year as supply will be relatively tight.

Increased supply from U.S. shale, however, will cap significant oil price gains next year, but concerns over an abrupt supply glut have somewhat abated.

“We see U.S. supply continuing to grow next year but are less concerned about a sudden supply glut re-emerging as rising D&C [drilling and completion] costs will likely slow production growth,” Ashley Petersen at Stratas Advisors told Reuters.

Also on the supply side, outages in Libya and Nigeria, as well as potential new sanctions on Iran, could also tighten the market and lend support to oil prices in 2018, the analysts polled by Reuters say.

Earlier this week, an explosion at a crude oil pipeline feeding Libya’s biggest oil export terminal sent WTI briefly breaking above $60 per barrel on concerns over yet another sudden supply disruption, just as the operator of the Forties Pipeline in the North Sea, Ineos, said on Thursday that it expected to bring the pipeline progressively back to normal rates around new year.

-FX Empire-

We bring the wealth of the earth to your path.

Bitcoin Looking for $12,000, but Time is Running Out!

The cryptomarkets are in good spirits through the weekend, with little negative chatter to break investor confidence, but whether investors will be confident enough to hold on through to the close remains to be see, with the news wires likely to become flooded with Davos chatter at the start of the week.

Bitcoin had a relatively upbeat day on Saturday, enjoying a day without the futures markets, with Bitcoin gaining 3.61% to end the day at $11,493.8, well above Friday’s Cboe Bitcoin futures February contract closing price of $10,980.

Following news hitting the wires late on Friday of the NEM coin theft, there’s been very little negative news to hit the wires over the weekend, leaving Bitcoin free to more than recover last week’s 4.32% decline.

The weekend trends have been telling through the first few weeks of the year, with Bitcoin finding support and pulling the broader markets northwards, though with the February futures contract sitting at sub-$11,000 levels, there will be a testy time going into Monday, with the markets eager to get a sense of what lies ahead for Bitcoin and the broader cryptomarket.

At the time of writing, Bitcoin is up 3.14% to $11,805.77, with Bitcoin hitting an intraday high $11,989.15 in the early part of the morning.

For the day ahead, investors will be cognizant of government chatter at the World Economic Forum in Davos, where there has been news hitting the wires through the weekend of heightened focus on a market that last year had been largely ignored.

Sentiment towards the global economy is positive, so governments and regulators will be eager to address peripheral asset classes such as the cryptomarkets under the disguise of addressing criminal activity.

Bitcoin and the rest of the cryptocurrencies may have been able to brush aside the Davos chatter, but without any major updates from the WEF, the cryptomarkets may need to wait until the start of the week for the news wires to begin feeding through what is likely to be a call for a coordinated global effort to impose some minimum regulatory criteria that may match those that are being introduced by the South Korean government.

-FX Empire_

We bring the wealth of the earth to your path.

OPEC outlook sees US influencing global crude markets until 2025.

OPEC outlook sees US influencing global crude markets until 2025.

The Organization of Petroleum Exporting Countries expects US unconventional crude oil production from tight shale formations to increase the country’s global market influence through 2025, the chief economist for the cartel said on Dec. 7.

But Middle Eastern and Persian Gulf producers appear likely to regain their global market leadership by 2040, he added during a discussion about OPEC’s 2017 World Oil Outlook at the Center for Strategic & International Studies in Washington, DC.

“Tight oil supplies are the wild card. They have reshaped the global outlook in recent years,” observed Ayed S. Al-Qahtani, who directs the research division at the OPEC Secretariat in Vienna. “US tight oil supplies will be the most important contributor but are expected to reach their peak around 2025.”

Producers in the Middle East, most of which are OPEC members, have supplies that are relatively less expensive to produce, but about $10.5 trillion of investments will be required in the next 23 years, he said.

“We expect their exports to increase significantly after 2025, mainly to Pacific Asia,” said Al-Qahtani, adding that the forecast suggests demand will rise the most in China and India through 2040.

The outlook forecasts that global crude oil demand will climb to 102.3 million b/d by 2022 from 94.5 million b/d in 2016. Al-Qahtani said it appears likely to rise more quickly through 2020, when International Maritime Organization regulations for bunker fuels are due to take effect and more low-sulfur diesel fuel could be needed.

“In the longer term, we expect demand to reach 111.1 million b/d by 2040,” he said. “Most of this will be in transportation, where competition from alternative fuels is weakest.”

The number of passenger cars worldwide could double by 2040, largely driven by increases in economically developing countries, with electric vehicles representing 12% of the global fleet, Al-Qahtani said.

Downstream trends

“Downstream, refining capacity could increase by 19.6 million b/d by 2040, with Asia-Pacific and Middle East countries accounting for almost 70% of the total,” he said. “We expect refiners to add capacity in the middle of demand centers because that’s where the customers are.” About $1.5 trillion of investments will be needed to accomplish this by 2040, he said.

Al-Qahtani said OPEC anticipates that total worldwide energy demand will climb 35%, or about 96 million boe/d, through 2040. Crude oil appears likely to remain dominant as natural gas gains the most ground. “Fossil fuels are expected to remain dominant,” he said. “We expect technology, as well as policies, to continue driving emissions reductions and energy efficiency.”

Developing countries also appear likely to drive long-term economic growth globally, Al-Qahtani said. “Demand in [Organization for Economic Cooperation and Development] countries should peak in the early 2030s as their governments try to move from oil and coal to renewables out of climate concerns,” he said.

Responding to an audience member’s question, Al-Qahtani said it is OPEC’s policy not to try and predict specific prices. “We know that costs are going up, and we’re running out of cheaper supplies. That suggests prices will be higher, even without additional taxes,” he said.

“Predicting depletion rates is difficult. It’s hard to predict when you’ll run out of a resource,” he said. “I think profitability is the most important factor in deciding how long to produce something.”

Frank A. Verrastro, a senior vice-president and trustee fellow at CSIS who moderated the discussion, said, “A lot has changed in the last decade. The US clearly has a different role now than it did before, but it also faces a lot of above-ground challenges. How these are handled could determine how long this country’s new market position will last.”

-Nick Snow at nicks@pennwell.com.-

We bring the wealth of the earth to your path.