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Sunday, May 19, 2013
Bullish Picture for the USD and Stocks and Its Implications for Gold ...
Based on the May 17th, 2013 Premium Update. Visit our archives for more gold articles.
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The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning gold jewelry, bars and coins continues to grow.
?The price drop in April, fuelled by non-physical moves in the market, proved to be the catalyst for a surge of buying that has left many retailers short of stock and refineries introducing waiting lists for deliveries,? said Marcus Grubb, Managing Director of Investment at the World Gold Council. ?What these figures show is that even before the events of April, the fundamentals of the gold market remain robust with; growing demand in India and China, central banks consistently adding gold to their reserves and strong buying of investment products such as gold bars and coins.?
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The report, for the period between January-March 2013, shows that total jewelry demand was up 12% year-on-year in Q1 2013, driven mainly by Asian markets. For example, jewelry demand in China was up 19% on the same period last year and stood at a record 185 tons. Demand in both India and the Middle East was up 15% respectively and in the US, demand showed a significant increase, 6%, for the first time since 2005.
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Demand for gold in China and India was also fuelled by an increase in bar and coin sales ? up 22% year-on-year in China and a whopping 52% in India. The US also saw a growing hunger for bars and coins? up 43% compared with the same quarter in 2012.
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There?s significant investment demand for physical gold bullion at the current prices ? what does it mean for the market? That it?s going higher in the long run and that the current move down is just a correction. It doesn?t imply, however, that the bottom is already in or that it will form without additional temporary downswing.
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To gain some insight into short- and medium-term picture of the market, let?s take a look at the charts. In today?s essay we will discuss the implications of the current situation in the USD Index and the general stock market for, gold, silver and mining stocks, and we will also provide a follow-up to our recent essay on gold stocks and gold. We will start with the very-long-term USD Index chart (charts courtesy by http://stockcharts.com.)
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In this chart, we see that more moves to the upside took place this week. As we stated in our essay of two weeks ago:
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The index has actually confirmed a breakout above the very long-term resistance line. It has closed above it now for three consecutive months (yes, months). While a correction to the 80 level is still possible in the short term, an?eventual move to the upside is now more likely than not.
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This week?s price action was in tune with what we expected after the recent breakout and the situation remains bullish.
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Let us move on to the general stock market.
The stock market (S&P Index in this case) continues to move higher this week as expected. The situation is overbought on a short-term basis, but we do not expect to see a move below 2007 high. If anything, we could see stocks move back to this level, which could further verify the breakout and allow them to gather strength in advance of the next rally. After all, the breakout above the 2007 high was confirmed.
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To see how the situation in the USD and stocks may translate into the prices of gold and silver, we now turn to the intermarket correlations.
The Correlation Matrix is a tool which we have developed to analyze the impact of the currency markets and the general stock market upon the precious metals sector, (namely: gold correlations and silver correlations).
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The short-term situation here is mixed and no real implications can be drawn at this time. The medium-term correlations are negative for the precious metals with both the USD Index and the general stock market. The precious metals are still pretty much anti-asset at this time. The medium-term odds, which favor a rally in the USD Index and the general stock market, have now painted a bearish picture for gold, silver and the precious metals mining stocks.
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To finish off, let us have a look at the situation in gold stocks relative to the yellow metal itself.
On the above chart, the situation hasn?t changed much this week. Hence, comments made in last week?s essay remain up-to-date at this time and the bearish outlook continues to be supported by this chart:
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The trading channel and the next horizontal support intersect at a point much lower than where this ratio is today. Of course, the existence of a target level by itself is no indication that it will be reached; the trend has to be in place as well. The point here is that the ratio has already broken below the previous late 2008 major low and is now a bit more than 5% beneath it. This is a major breakdown and it was confirmed. The implication is that the trend is still down.
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With the trend being down and accelerating and the recent breakdown being confirmed, there is a good possibility that the miners will decline significantly once again. This makes the previously mentioned target level a very important one. At this time it seems likely that the ratio will move to its 2000 low ? close to the 0.135 level.
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If gold stocks decline relative to gold as they did late in 2000, and gold declines to $1,300 or slightly higher, the target level for the HUI Index would be slightly above the low of 2008 ? around the 180 level.
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Summing up, the long-term and medium-term outlook is bullish for the USD Index at this time. As for stocks, the situation remains bullish for the medium term, and although a short-term correction is likely not too far off, we don?t expect to see it immediately. Finally, gold stocks? performance relative to gold continues to provide us with bearish indications. Overall, it seems that the final bottom in the precious metals market is not yet in.
To make sure that you are notified once the new features are implemented, and get immediate access to our free thoughts on the market, including information not available publicly, we urge you to sign up for our free gold investment newsletter. Sign up today and you?ll also get free, 7-day access to the Premium Sections on our website, including valuable tools and charts dedicated to serious Precious Metals Investors and Traders along with our 14 best gold investment practices. It?s free and you may unsubscribe at any time.
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Thank you for reading. Have a great and profitable week!
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Przemyslaw Radomski, CFA
Founder, Editor-in-chief
Gold Trading & Gold Investment Website ? SunshineProfits.com
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About Sunshine Profits
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Sunshine Profits enables anyone to forecast market changes with a level of accuracy that was once only available to closed-door institutions. It provides free trial access to its best investment tools (including lists of best gold stocks and silver stocks), proprietary gold & silver indicators, buy & sell signals, weekly newsletter, and more. Seeing is believing.
Disclaimer
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All essays, research and information found above represent analyses and opinions of Przemyslaw Radomski, CFA and Sunshine Profits? associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Przemyslaw Radomski, CFA and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Radomski is not a Registered Securities Advisor. By reading Przemyslaw Radomski?s, CFA reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Przemyslaw Radomski, CFA, Sunshine Profits? employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.
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Review: ?Krisit,? Clifton Players | Arts in Focus
What do you get when a bunch of folks from the neighborhood decide to put on a show ? and coincidentally they happen to be some of the best theater professionals in town?
You get ?Krisit,? which has the charm of being by a group of Clifton residents in the tiny storefront theater space of Clifton Players (of course Clifton, where did you think?) and the advantage of top-notch production values rarely achieved on the smaller, semi-pro theater scene.
They came together because they specifically wanted to do this play by Y York, who lives about three minutes drive further down Ludlow Avenue.
What is ?Krisit?? Actually, it?s a who, played by Dale Hodges, whose presence alone could probably sell-out the show?s run, given that there?s seating for maybe 60, evenly divided on either side of the stage.
A red carpet and red velvet rope connects a massive whirlpool tub at one end and a cocktail bar set up at the other.
Hodges has a ball playing a reclusive and peevish former movie star who hasn?t left her home in 25 years. When the show opens she?s lolling in her tub, wearing make-up and flashy jewels and being the sharp, brooks-no-argument grand dame?with her new maid Lulu (Landree Fleming).
Lulu is clearly role-playing. She?s entirely too knowledgeable about who?s who and who?s doing what to who in Hollywood. She reads the industry press a little too avidly and she?s awfully eager to lure Krisit out of retirement.
In no time Lulu is taking a meeting with director Peter (Kevin Crowley), who has a history with Krisit, and a stalled career that makes him desperate to have a project green-lighted.
York uses the set-up to have fun commenting with engaging (and occasionally brutal) honesty on many things, including the insults of aging. Krisit has a leakage issue; Peter trades in wives for younger models to convince himself he still has whatever it is he needs to tell himself he has.
The neat comedy doesn?t break new ground but York?s voice is distinct as she reminds us how myopically we see ourselves even as we are blind to key truths; and about our relentless pursuit of ambitions which are generally not worth relentless pursuit.
York also shows off a demented imagination with things like her solution for what to do with liposuctioned fat.
?Krisit? is dominated by Playhouse in the Park staffers, small wonder that it?s a couple of giant steps beyond what you normally see at a small theater. The program lists almost 100 people who donated to the project and their money went to good purpose.
Mark Lutwak (Playhouse Director of Education) expertly directs and Anna Goller (Playhouse props manager) is responsible for the polished scenic design.
The contribution of costumer Gordon DeVinney (Playhouse resident costume designer) is inestimable. What with Krisit being in a tub, it?s DeVinney who makes her so much better than naked, in an artful unitard that makes the reality of aging hilarious and sympathetic.
It?s a joke with real power that endears the show to its audience. In the second act it?s Lulu who?s in the tub, and of course the audience is hoping for a trifecta and gets it.
Fleming, a former Playhouse intern now based in Chicago, is very good as wannabe Hollywood player Lulu and Crowley, a member of Clifton Players, is funny and sad as Peter, who seems trapped in the ?70s with his guiding crystal and leisure suit and David Soul hair, despite the play?s time being set as ?a few years before the end of the last century.?
?Krisit,? 8 p.m. Friday and Saturday through June 1. Additional performances 7 p.m. May 19 and 3 p.m May 26. Clifton Performance Center, 404 Ludlow Ave., Clifton. Tickets $20. (513)861-7469.
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Posted in: Updates
Source: http://cincinnati.com/blogs/arts/2013/05/18/review-krisit-clifton-players/
Cancer, Grief, and Words | Angst in Anxiety - Psych Central Blogs
?I am not what has happened to me. I am what I choose to become.? ~ Carl Jung
I have been thinking a lot about cancer these days. Almost half my caseload has cancer or I see children who have lost a parent to cancer or spouses with a partner with cancer. It seems like cancer is everywhere. Cancer does affect everyone.
Grief is an intimate process of a uniquely individual design initiated for the purpose of transitioning loss.Loss is everywhere. Just like cancer.
When I work with cancer and those who bravely traverse the terrain of what this means to them I am in wonder of the courage it takes to make this emotional journey. Words help the process, yet words are difficult for people even though this is our main platform of communication. I hear people stumble with words, hold words back, bite their tongues, and express fear of saying too much or too little. I have some suggestions.
Words help us bridge to another. We want honest words well-honed to identify the emotion that is uppermost in our heart. So for the child with a dying father or the wife with a dying husband it is important to say things and to work on any unresolved piece that may exist. It is not that the world will fall apart if one doesn?t step up with truth, but the survivors of a death have years ahead to mull over what was and wasn?t said.
Children need help from the healthy parent (the one who does not have cancer) and the healthy parent needs help from friends, siblings, and other family members. Help that comes in the form of encouragement to go to the truth is important.
I work with so many people who are left with unfinished business following a death. It is as though the cancer that took mother carries on into her children or spouse. It is not cancer, but an emotional cancer.
Cancer that is not treatable or one that is aggressive and terminal produces a state of helplessness. Helplessness is an alarming state for mind, body, and spirit. Studies show a connection between depression and cancer, between stressors and cancer, and between sustained powerlessness and disease or illness.
Words of love, words of connection, words of gratitude and words that evoke hope are all good. Everyone leaves a legacy and even death is filled with a gift. People leave their spirit, their contributions, their love, their strength, their bonds, and hundreds of things behind for the use of others with their passing. These things that are left often come in the form of words. We are all pebbles thrown into a large or small pond with ripples that extend endlessly.
There is power in words. Words have the ability to soothe and mend or to wound and destroy.
Take each word and mold it to fit your most compassionate truth. Find the word that rolls easily from your heart before it is projected outward. Practice how gently you can convey even the most difficult feelings. Words are our creation. Words help us grieve. Words are an intimate part of the grief process.
Take Care and Be Well
Nanette Burton Mongelluzzo, PhD
????Last reviewed: 17 May 2013
APA Reference
Burton Mongelluzzo, N. (2013). Cancer, Grief, and Words. Psych Central. Retrieved on May 17, 2013, from http://blogs.psychcentral.com/angst-anxiety/2013/05/cancer-grief-and-words/
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Source: http://blogs.psychcentral.com/angst-anxiety/2013/05/cancer-grief-and-words/
Saturday, May 18, 2013
New insights into how materials transfer heat could lead to improved electronics
U of T Engineering researchers, working with colleagues from Carnegie Mellon University, have published new insights into how materials transfer heat, which could lead eventually to smaller, more powerful electronic devices.
Integrated circuits and other electronic parts have been shrinking in size and growing in complexity and power for decades. But as circuits get smaller, it becomes more difficult to dissipate waste heat. For further advances to be made in electronics, researchers and industry need to find ways of tracking heat transfer in products ranging from smart phones to computers to solar cells.
Dan Sellan and Professor Cristina Amon, of U of T's Mechanical and Industrial Engineering department, investigated a new tool to measure the thermal and vibrational properties of solids. Working with colleagues from Carnegie Mellon University, they studied materials in which heat is transferred by atomic vibrations in packets called phonons. Their results were recently published in Nature Communications.
"In an analogy to light, phonons come in a spectrum of colors, and we have developed a new tool to measure how different color phonons contribute to the thermal conductivity of solids," said Jonathan Malen, an assistant professor of Mechanical Engineering at CMU.
According to the researchers, the new tool will give both industry and academia a clearer picture of how an electronic device's ability to dissipate heat shrinks with its size, and how materials can be structured at the nanoscale to change their thermal conductivity.
For example, in the initial demonstration, the team showed that as silicon microprocessors continue to shrink, their operating temperatures will be further challenged by reduced thermal conductivity.
"Our modeling work provides an in-depth look at how individual phonons impact thermal conductivity," said Sellan, who undertook his research as a PhD Candidate in Professor Amon's lab. Currently an NSERC Postdoctoral Fellow at The University of Texas at Austin, Sellan is developing experimental techniques for thermal measurements.
Professor Amon, who is also Dean of the Faculty of Applied Science & Engineering at U of T, said Sellan's insights will allow researchers to design nanostructured thermoelectric materials with increased efficiency in converting waste heat to electrical energy. This work has exciting implications for the future of nano-scale thermal conductivity research."
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University of Toronto Faculty of Applied Science & Engineering: http://www.engineering.utoronto.ca/home.htm
Thanks to University of Toronto Faculty of Applied Science & Engineering for this article.
This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.
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Apps of the Week: Sky Gamblers, Ticket to Ride, Tweetbot, and more
Every week, the editors and writers at iMore carefully select some of our favorite, most useful, most extraordinary apps. This week's selections include a war game, a videography app, a classic board game, and a popular twitter client for Mac.
Sky Gamblers - Storm Raiders - Peter Cohen
World War II air combat on the Mac - dogfighting in the skies above Pearl Harbor, Midway, France and more. Fly historic planes with cross-platform multiplayer, Game Center and iCloud support. If you've played the game on your iOS device, you know what to expect. But Atypical Games has reworked Sky Gamblers - Storm Raiders to work on the Mac, which makes it an even more fun game on a bigger screen.
The game costs a paltry 99 cents to download, but content like new planes and weapons come at a price - in-app purchases for a couple of bucks here and there. Still, lots of fun to play and not a lot of coin to make it happen.
- $0.99 - Download now
Luma Camera - Rene Ritchie
While I was at BlackBerry Live -- or was it iMore live? -- one of the developers in attendance came over and showed me Luma Camera for iPhone. It's a video shooting app that offers filters both real-time and for post-processing, as well as optional HD video storage space via their website. The most interesting feature, however, is the image stabilization. Real optical image stabilization requires hardware, but Luma does a respectable job using the iPhones built in sensors and it's powerful graphics processing capabilities.
I haven't had much of a chance to play around with it yet, but it looks like fun. If you try it, let me know what you think!
- Free - Download now
Ticket to Ride Online - Richard Devine
I must confess to being an avid fan of the Geek and Sundry YouTube Show, TableTop starring Wil Wheaton. It's via that show I first became aware of the board game Ticket to Ride, and now I've found and begun playing the Mac version -- Ticket to Ride Online
I've never played the board game, but the Mac version is a beautifully colourful recreation of the original, and follows the rules to the letter. You choose a series of routes, and the objective is to lay trains on as many of those routes as possible before the game is up. The longest routes get an extra reward at the end, and incomplete routes loses points. It's really simple to pick up and play, and there's a comprehensive tutorial game to help you get to grips with the gameplay.
In-App purchases are available to extend the game boards, with new ones available for Europe, another USA board and for Switzerland. And, the online play supports competing against other Mac, PC, and iPad players. I've not tried out the iPad version just yet, but you'll find a link for that too below.
- $9.99 (Mac Version) - Download Now
- $6.99 (iPad Version) - Download Now
Tweetbot for Mac - Ally Kazmucha

There are a wealth of amazing Twitter clients for iOS but when it comes to Mac, there are less to choose from. While I tend to use Twitterrific on my iPhone and iPad, I've never really liked the feel of it on Mac. Tweetbot is my second favorite for iOS and when they released a Mac client a while back, it definitely didn't disappoint.
The price point is quite a bit higher than other Twitter offerings in the Mac App Store but honestly, it's the best available, hands down. If you want the iOS Tweetbot experience on your Mac, there really is no other option.
- $19.99 - Download Now
Your choice?
Now that we've chosen our favorites for the week, we want to hear yours! Did you pick up a killer app, accessory, or game this week? Let us know in the comments below!
Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/EE_-phpWjDQ/story01.htm









As AT&T comes under the gun for