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Promether aims to become an all-in-one solution for private and secure networking. It plans to create a new type of network known as the Adaptive Symbiotic Network (ASN) that will protect the privacy of all participants in the network. The Company intends to act as an application building block by giving developers access to a “next-generation, security-based open-source Application Building Block - API” without the need to be experts in networking and security
Rising Economic Uncertainty Bolsters Precious Metals’ Short-Term Appeal. Two major sources of macroeconomic uncertainty have significantly risen over the past few months. First, recession indicators (including yield curves, housing data, and credit spreads) that have suggested low-moderate risk for the past several years have become more alarming.
A comprehensive comparison of Veritaseum's VeGold product to major fiat currencies and the leading stableoin cryptocurrencies.
When we last focused on crude oil, in mid-November, we noted that the ongoing crude oil price decline was very likely due to reduced precautionary demand where traders were acting in anticipation of higher upcoming oil production. This type of oil price drop is distinct from those caused by actual increases in supply or to an overall reduction in aggregate demand, and has mostly benign implications including slightly higher growth and lower inflation. Furthermore, these types of price swings are oil-specific, usually do not impact non-energy commodities, and dissipate reasonably quickly, taking about 18 months for oil prices to revert halfway back to their trend value.
A Recession Would Have Only Moderate Effects on Gold and Silver. We have seen considerable analysis linking the 6.7% rise in gold prices since early October to weakening macroeconomic conditions. Economic theory, as well as conventional wisdom, does suggest that falling stock prices and other disappointing financial data have helped gold prices. On the other hand, the continuing strength of the dollar should be restraining gold’s gains.
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