In the UK some 37.1 million adults watched an average of 311 videos each on YouTube during July, according to comScore stats.The Video Metrix Multi-Platform study (VMX MP) – which claims to deliver a single, unduplicated measure of digital video consumption across devices – claims that 11.6 billion videos were watched on YouTube in total during the month.The study of UK adults aged 18 and over said that 79% of YouTube videos were consumed on a mobile device and that 74% of viewing time was on a mobile. The average viewing time was 3.7 minutes per video.ComScore found that the gender divide between YouTube viewers was equally split 49% female and 51% male – but that viewing skewed towards younger viewers.People aged 18-35 accounted for 53% of all minutes and 56% of all videos viewed in the month.The share of videos by age breaks was 23% among 18-24 year-olds, 33% by 25-34 year-olds and 24% by 35-44 year-olds. People aged 45-54 watched 12% of videos and those aged over 55 just 8%, according to the stats.The average number of YouTube videos watched per viewer also decreased with age. In the month people aged 18-24 watched a massive 486.6 videos each on average, compared to 96 videos per viewer among those aged 55 and over.“It’s not surprising to hear that YouTube is oftentimes a daily destination for most millennials,” said the report.“UKOM approved YouTube data from comScore, showcased that 11.6 billion videos were watched on the platform and 79% of videos were consumed on a mobile device in July 2017.”UK Online Measurement Company (UKOM) is an industry governed, multi-platform audience measurement that recently endorsed comScore’s VMX MP product.
Netflix data has revealed the top ten titles most likely to first get viewers to binge on the platform.Netflix defines a binge as completing at least one season of a show within seven days of starting. Analysis focused on members who joined in the past five years.The top three consisted of Breaking Bad, Orange is the New Black and The Walking Dead.Stranger Things came fourth, followed by Gaumont’s Narcos and Netflix’s first original House of Cards.Prison Break, 13 Reasons Why, Grey’s Anatomy and American Horror Story finalised the top ten.All TV series were included in the analysis except for kids and family content, and seasons with fewer thans five episodes.More than 90% of Netflix members who have been a member for at least one year have completed a ‘first binge’, according to the SVOD firm.While the stats do not reveal how many people are bingeing on each show, they do offer insight into viewing habits. As Netflix does not provide viewing statistics, such data becomes more interesting to assess.There’s little denying the power of the Netflix brand among consumers, with various studies, including one this week, pointing to the service as a key destination for many television consumers.
Liberty Global-backed Belgian cable operator Telenet’s CEO John Porter has expressed an interest in acquiring Voo, which operates in the French-speaking part of the country.John PorterTelenet is prepared to table a bid of between €1 billion and €1.3 billion for the operator, according to reports. Earlier, Orange had expressed an interest in acquiring the operator, prompting Voo’s owner Nethys to firmly stat that “Voo is not for sale”.Orange Belgium CEO Michaël Trabbia had written to Nethys CEO Stéphane Moreau to convey his interest, arguing that a combination of the two groups would create a “major player” in the south of the country and contribute to the digital development of the region.Porter told L’Echo newspaper that he respected Nethys’ position, but added that “we also of course hope that this position won’t be forever, especially with regard to us”.Porter told the paper that there had been contact between the two parties.Telenet’s acquisition of mobile player BASE from KPN in 2016 and acquisition of SFR Belux from Altice last year gave it a national presence beyond its Flemish home market. The acquisition of Voo would give it greater scale in the fixed network business, enabling it to benefit from synergies and grow its revenues.Telenet has already developed a close partnership with Voo in mobile. In February, Telenet agreed to provide mobile network access to Voo as part of a five-year MVNO deal.The combination of Telenet and Voo would however be likely to attract the attention of Belgian regulators, as the pair together would account for a significant share of the overall telecom market, with some observers believing a combination of Orange and the Wallonia-region operator would be more likely to secure approval.
Patricio TeubalA+E Networks has named Patricio Teubal as general manager of A+E Networks Italy, starting in December. In this new role, Teubal will oversee A+E Networks Italy and its three channel brands History, Crime+Investigation, and Blaze and lead the growth of the company’s partnership with Sky Italia, while developing new opportunities in the country. He will report to Dean Possenniskie, managing director of A+E Networks EMEA.Prior to joining A+E Networks Italy, Teubal was managing director of Blackant, a media and sports advisory company, that has consulted for clients such as public broadcaster Rai. He was also founder of Cucu Sports & Entertainment, an online company based in London and Italy that runs an influencer marketing platform for athletes and celebrities.Teubal has also previously worked as CEO of Sicilian football team Palermo in Serie A, and he also worked for Mediaset as head of international channel Mediaset Italia and as head of sales for Mediaset Distribution.“I’m thrilled to have Patricio, a seasoned media executive and entrepreneur with great energy and acumen, join the A+E Networks family as our new General Manager of Italy. His deep-rooted experience spans traditional and digital media across many disciplines and roles. We look forward to his oversight and leadership as we continue to evolve and grow our business and brands in Italy,” said Possenniskie.“I’m so excited to join A+E Networks. The whole media industry is undergoing deep and fast changes, and A+E is undoubtfully one of the leading companies that is driving this new era. I’m looking forward to working with the Italian team and enhance our great brand and content distribution in the market,” said Teubal.
A majority of 21st Century Fox shareholders have voted for cash rather than shares in an enlarged Disney ahead of the planned merger of the latter and Fox’s entertainment assets.Fox shareholders had until 17:00 Eastern US time on Thursday to elect whether to receive cash or shares. According to Fox, holders of 51.57% of outstanding common stock have opted for cash, with 36.65% voting for shares and 11.79% failing to make a choice.The allocation of the consideration in the acquisition will be calculated using formulas set out in the merger agreement. According to Fox, based on the preliminary election results and the procedures set out in the agreement, holders of Fox shares that elected to receive cash are expected to receive a portion of their consideration in shares of New Disney common stock.Fox shareholders are allowed to receive about US$38 per share in either cash or New Disney shares. Overall, Fox shareholders will receive 50% cash and 50% shares. The Murdoch family own about 17% of Fox’s shares.
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As Europe’s leading telcos post their full-year financial results, Stuart Thomson takes a look at their different content strategies and how they fit into the wider competitive landscape for multiplay services. The full-year results for Europe’s leading telecom operators started to hit the headlines this week, with Telefónica, Deutsche Telekom and Orange among the telcos posting FY17 financials.An examination of the various TV strategies of these big players is instructive.Telefónica invested €70 million in original content last year, including €10 million in flagship period drama La Peste, and the Spanish telco was keen to highlight the positive impact of its decision to plough substantial sums of money into original drama production.Telefónica has a big advantage in going down this route in that it has the opportunity to distribute its raft of series to a large, linguistically unified market spanning Spain and Latin America. The company last week announced that was launching its Movistar Series channel across its substantial Latin American footprint.It has also previously been reported that Telefónica is mulling the launch of a Netflix-like OTT TV service to bring content to an international audience in Europe.Whether the company’s TV subscriber growth in Spain is down to the appeal of its originals or the appeal of high-value multi-play bundles remains open to discussion. Perhaps a bit of both. In any case, Telefónica’s Spanish pay TV growth in the fourth quarter was impressive. The company also claimed that La Peste registered the largest audience of any series on its Movistar+ offering to date.Deutsche Telekom also saw its domestic TV base rise significantly last year, again fuelled by bundling. Telekom has itself invested in exclusive content, though in a more modest way than Telefónica, bringing series including The Handmaid’s Tale, Valkyrien, and Cardinal to its Entertain subscriber base.Last week saw the German telco acquire the exclusive rights to Fremantle’s Picnic at Hanging Rock and secure Amazon Prime Video as a co-production partner for its first original, comedy drama Germanized.Orange meanwhile posted respectable TV additions in its financials released this week. While the French telco has a long history of involvement in content creation, CEO Stéphane Richard has fought shy of joining the rush to bet big on original content as a differentiator, preferring to highlight content partnerships with others including Canal+.However, while these three telecom giants have placed different degrees of emphasis on investing in original content, they share more than divides them. Their principal focus is not on TV but on selling multiplay bundles. This is the field of battle for the residential arms of all Europe’s tier-one telecom players. This is true also for the UK’s BT, which has used the acquisition of premium sports rights to further its goals but which, in the end, fought shy of taking on Sky directly for the status of pay TV leader. The outcome of last week’s Premier League rights auction showed clearly that BT would rather take second place to Sky in pay TV than spend more on acquiring a larger tranche of rights.Content remains an important part of the overall offering. It is highly useful as a marketing tool and may help maintain or even boost TV ARPU in the face of growing price competition.But exclusivity has its limits. All Europe’s main operators have proved keen to open up their platforms to third party providers such as Netflix. (Amazon is possibly a different story). Deutsche Telekom and Orange already have well-established deals with the streaming giant in place and even Telefónica, which has gone furthest down the route of differentiation through investment in exclusive drama content, looks set to follow.Investing in original content is, at the end of the day, a complement to telcos’ multiplay strategies rather than its central pillar.
Investment in series in Spain’s official languages by audiovisual service provider grew by 40% in 2017, according to regulator the CNMC.The watchdog reported that investment in content is Spanish and other European languages not official in Spain accounted for 77% of the country’s total investment in content.Reporting on the way broadcasters and service provider met their obligations to finance European content in 2017, the CNMC said that audiovisual service providers invested a total of €410.19 million in European works in that year, up 52.41% on the previous year.While investment in audiovisual content as whole far exceeded the required minimum of €133 million, investment in European movie production in 2017 amounted to €84 million, not far from the required minimum of €74 million.Atresmedia, Mediaset, RTVE and Telefónica were responsible for 90% of the investment.The CNMC said that while the total investment had increased, the proportion allocated to movie production had decreased as money was increasingly poured into series.
Amazon has pushed out a new update for Fire TV with the headline feature being a dedicated Live TV section.The tab, announced in a blog post on Monday, is designed to bring “your live sports, news, and channels from select OTT services, streaming apps (e.g. PlayStation Vue), paid subscriptions, and over-the-air antennas into one consolidated view”.Users will be able to find the Live tab next to the Home section in the main navigation menu of the Fire TV operating system.The new section will aggregate all of the live TV integrated apps into the one tab, along with making it easier for users to sign up to services. These services include free apps like Pluto TV and Red Bull TV, along with subscription apps like PlayStation Vue and Philo. Prime Video Channels subscribers will also see additional hows of live channels and sports from HBO, Showtime, MLB.TV, NBA League Pass and PGA Tour Live.Lastly, owners of Fire TV Edition smart TVs and Fire TV Recast devices will see their antenna channels listed alongside that live content, creating a much more streamlined and integrated way to view DTT channels through the operating system.Amazon is making great strides in live sports broadcasting. It already broadcasts the US Open in the UK and Ireland, and has secured the rights to air two full rounds of 20 English Premier League matches per season.Amazon’s eagerness to involve itself and its services in live TV stands in stark contrast to Netflix, which last week reiterated its position of not playing host to sports events – both live and on demand.
bogsideDerrydrumahoeLISFANNON PARKUPDATED NEWS: MAN RELEASED OVER DISSIDENT SHOOTING IN BOGSIDE The suspect was been taken to the serious crime suite in Belfast for questioning.Police say he has now been released unconditionally.Under the Terrorism Act, arrested suspects cannot be released on bail.Since the start of the year there has been 11 shootings by dissident republicans in Derry. UPDATED NEWS: MAN RELEASED OVER DISSIDENT SHOOTING IN BOGSIDE was last modified: November 17th, 2017 by John2John2 Tags: The aftermath of the shooting in Derry’s Lisfannon Park in August this yearDETECTIVES from the PSNI’s Serious Crime Branch have released a man arrestedover a dissident republican shooting in Derry over the summer.The 26-year-old man was arrested in Drumahoe during a dawn swoop on Thursday.The arrest under section 41 of the Terrorism Act was made as part of an investigation into the paramilitary style shooting of a 33 year old man at Lisfannon Park in Derry in August 2017. ShareTweet
THE PSNI has sealed off part of the Buncrana Road in Derry.The road has been sealed off at the Collon junction.British Army Technical Officers arrived at the scene around lunchtime, ATOBUNCRANA ROADCOLLON JUNCTIONSECURITY ALERT IN DERRY AFTER A NUMBER OF ITEMS UNCOVERED It is understood that a property at Maybrook Terrace is at the centre of the probe.A number of items were taken away for further information after a property was search shortly after 9.15 am this morning.Traffic diversions are in place.SECURITY ALERT IN DERRY AFTER A NUMBER OF ITEMS UNCOVERED was last modified: November 26th, 2017 by John2John2 Tags: ShareTweet
THE Western Trust says it has received a “kind donation” of £1,300 from the family of a patient treated in Altnagelvin Hospital.The donation was made to the hospital’s Renal Unit by Sean Nash in memory of his father, John Nash. It was also donated to give thanks for the continued treatment and care of Sonia Doherty. 300 to Altnagelvin’s Renal UnitALTNAGELVIN HOSPITALFamily of late John Nash donate £1Laurences BarNight at the RacesRenal UnitSean NashSonia DohertyWaterside ShareTweet Family of late John Nash donate £1,300 to Altnagelvin’s Renal Unit was last modified: January 3rd, 2019 by John2John2 Tags: The money was raised during a ‘Night at the Races’, held at Laurences Bar in the Waterside.Pictured receiving the donation are Brian Moran, Treasurer of Friends of Altnagelvin, Eileen, Rachael, Erin Charlene, Erin and Diane (Staff from Ward 20). Also Moya, Davey, Bridgeen, Michael and Alison (staff from the Renal Unit).
In addition to free ice cream, Dairy Queen locations will be collecting donations for the Children’s Miracle Network Hospitals. Pinterest Previous PostAnnual “Empty Bowls” Event Is Returning! The promotion is limited to one cone per person and will be honored at all non-mall locations, company officials said. Dairy Queen’s website said various locations will be giving away free small vanilla ice cream cones tomorrow, March 20th. Tumblr Home NewsWatch Local News Dairy Queen Giving Away Free Vanilla Cone Tuesday To Celebrate Spring Linkedin Google+ Next PostOak Hill Police Dept. Looking to Hire Probationary Officer Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Local NewsNewsWatchTop Stories Dairy Queen Giving Away Free Vanilla Cone Tuesday To Celebrate Spring By Daniella HankeyMar 19, 2018, 18:34 pm 385 0 WEST VIRGINIA (WOAY)- After a rough winter, it’s time to celebrate the first day of spring with a treat! Facebook Twitter Daniella Hankey Mail
Home NewsWatch Gov. Justice receives letter of retirement, resignation from Supreme Court Justice Menis Ketchum Pinterest Google+ Facebook Tumblr CHARLESTON, WV (WOAY) – Gov. Jim Justice received a letter from Supreme Court Justice Menis E. Ketchum indicating that he would be retiring and resigning from the court effective Friday, July 27, 2018.“I have directed my general counsel to provide the necessary documentation to the Judicial Vacancy Commission and other state agencies as may be appropriate to fill this vacancy created by Justice Ketchum’s resignation,” Gov. Justice saidGov. Justice also sent a letter to Justice Ketchum acknowledging his resignation and retirement and thanked him, on behalf of the people of West Virginia, for his public service during his tenure on the State Supreme Court.BIOGRAPHY – Justice Menis Ketchum was elected to a full twelve-year term on the Supreme Court of Appeals on November 4, 2008. He served as Chief Justice in 2012 and 2016. Justice Ketchum was born in 1943 in Huntington, West Virginia, and was raised in Wayne County. He was educated in Wayne County public schools before attending Ohio University in Athens, Ohio, where he played varsity baseball and was a member of the 1964 Mid-American Conference Championship Baseball Team. Justice Ketchum returned to West Virginia to attend West Virginia University College of Law. While in law school he was a contributing writer and associate editor of the West Virginia Law Review. He received his law degree in 1967 and returned to Huntington to join his father, Chad W. Ketchum (1911-1998), in the practice of law with the firm of Greene, Ketchum & Baker. He practiced at that firm and its successors, eventually becoming the senior partner, until his election to the Court. Justice Ketchum’s law practice included insurance defense, personal injury, and criminal defense. He was recognized continuously from 1989 to 2008 in The Best Lawyers in America and was a member of the Leading Honoraries, the American College of Trial Lawyers, and the American Board of Trial Advocates. Throughout his legal career he published legal articles and presented numerous continuing legal education seminars. Justice Ketchum also served as a member of the Board of Governors of Marshall University from 2002 until his campaign for the Court, and served as Chairman or Vice-Chairman of the Board from 2003 until 2008. At the time of his election to the Court, he served on the Boards of the Public Defender Corporations for the Sixth and Twenty-Fourth Judicial Circuits. He previously served on the Huntington Urban Renewal Authority, participated in the statewide Vision Shared Health Care Team, and the Governor’s Mine Safety Task Force. Justice Ketchum has been married to the former Judy Varnum since 1966. They have three children – Kelli Morgan, Bert Ketchum, and Chad Ketchum – and six grandchildren. Mail Twitter Linkedin Tyler Barker Tyler Barker is currently the Interim News Director and Digital Content Manager for WOAY-TV. I was promoted to this job in Mid-November. I still will fill in on weather from time to time. Follow me on Facebook and Twitter @wxtylerb. Have any news tips or weather questions? Email me at email@example.com Previous PostGrier Named Preseason Offensive Player of the Year NewsWatchPolitical NewsState NewsTop Stories Gov. Justice receives letter of retirement, resignation from Supreme Court Justice Menis Ketchum By Tyler BarkerJul 11, 2018, 13:53 pm 591 0 Next PostUPDATE: Three Arrested, One Wanted In Connection To Murder In Beckley
Mail NewsWatchTop StoriesVirginia News Mountain Valley Pipeline subject of criminal probe By Tyler BarkerFeb 16, 2019, 09:38 am 610 0 Tumblr Next PostThe Fifth Quarter Game of the Week: Summers County @ Bluefield RICHMOND, Va. (AP) — Federal authorities have launched a criminal investigation into the Mountain Valley Pipeline in Virginia.The natural gas pipeline’s parent company said in recent corporate filings with the SEC that it has been informed by the U.S. Attorney’s Office for the Western District of Virginia of a criminal investigation.EQM Midstream Partners says in filings that the pipeline joint venture had received a grand jury subpoena for documents Monday.The scope of the inquiry is unclear. A spokesman for the U.S. Attorney’s office did not immediately return a request for comment.An EQM spokeswoman says the company is complying with the subpoena.Last month, two local attorneys called for a federal investigation into whether pipeline crews violated laws by continuing construction on the 300-mile (483-kilometer) pipeline after a permit suspension. Google+ Pinterest Linkedin Facebook Twitter Previous PostLocal Wonka Walk Satisfies Sweet Toothes and Supports Education Home NewsWatch Mountain Valley Pipeline subject of criminal probe Tyler Barker Tyler Barker is currently the Interim News Director and Digital Content Manager for WOAY-TV. I was promoted to this job in Mid-November. I still will fill in on weather from time to time. Follow me on Facebook and Twitter @wxtylerb. Have any news tips or weather questions? Email me at firstname.lastname@example.org
The dollar index closed late Thursday afternoon in New York at 82.16. It trade pretty flat in the early going in Far East trading before rolling over and hitting its 82.07 low about 2:40 p.m. Hong Kong time. It rallied from there, hitting its 82.45 high minutes before 11 a.m. EDT, which just happened to coincide with the low ticks for both gold and silver. From that point it sold off a bit and closed the Friday session at 82.31—up 15 basis points on the day. As I said in Friday’s wrap, it’s still my opinion that gold and silver prices haven’t seen their lows for this move down as of yet. That was confirmed in my conversation with Ted Butler yesterday. I asked him how far along we were in the silver liquidation process—and his answer was not encouraging. He said that as of yesterday’s Commitment of Traders Report, the technical funds were still 23,000 Comex contracts higher than we were at the absolute low at the end of May. To get back to the contract low at the end of May, these long contracts would have to disappear—and that could happen in two ways, which is a combination of long liquidation and new shorting that add up to that number of contracts. What the silver price would be at that point is anyone’s guess, but it would be considerably lower than it is right now. The same situation exists in gold, although I’m not sure of the number of contracts, because I didn’t ask. Maybe Ted will mention it in his weekly review which will be posted for his paying subscribers later today. Of course, there’s always the chance that JPMorgan et al aren’t going to target those lows again during this particular engineered price decline, but the possibility exists, so I thought you should know about it. Nothing has changed in the economic, financial or political world since last Saturday. The American and European militaries—and their associated governments—are still attempting to provoke Russia into armed intervention in the Ukraine. Of course Putin is way too smart for that. Since the lies they—and the whores in the Western press—are telling, are no longer working, we’ll just have to wait and see what happens, because the West will continue to hammer away at the Russians, as they are still itching for war. All we can do is wait for the next shoe to drop. I’m thinking a ‘false flag’ operation of some kind. Of course the powers-that-be could also drop another 9/11-type event on us sometime in the future—and as I said in the comments in one of the Critical Reads—there will probably be several simultaneously in various parts of the world, as the forces of Mordor, along with the bought and paid for press, are now becoming more brazen with each passing day, as the Nazgûl have been given free rein on Planet Earth. There are four trading days left in August—and I’m not sure what to expect. One would think that JPMorgan et al will push their advantage through options and futures expiry early next week, as that’s what I would be doing if I were them. But they were nowhere to be seen yesterday. However, I don’t have a criminal mind—and who knows what they’ve been instructed to do. Because even though they’re doing the dirty work, it’s my opinion that they aren’t calling the shots. So we’ll have to see what next week’s trading action brings—and I’ll be watching the 6 p.m. EDT Globex open on Sunday evening with great interest. Enjoy what’s left of your weekend—and I’ll see you on Tuesday. JPMorgan et al decided to take the day off Friday was a real yawner as far as price action in gold was concerned and, once again there was little volume associated with it, either—and it followed the dollar index around for the most part. Once again, the high and low ticks aren’t worth looking up. Gold finished the Friday trading session at $1,280.80 spot, up $4.50 from Thursday’s close, saved by a five dollar rally that started just before 11 a.m. EDT in New York. Net volume was only 87,000 contracts. Sponsor Advertisement I have a lot of stories today, including several that I’ve been saving for my Saturday column because of content or length issues. I’ve been mentioning COMEX copper more frequently this year because it has become quite clear that copper prices have been involved in the same manipulative scam as is true in COMEX silver and gold. It’s the same story in copper that exists in silver and gold, namely a rigging of prices by the commercials to induce technical fund buying and selling. Copper price movement has had nothing to do with real world copper supply and demand fundamentals and everything to do with the collusive commercials tricking the technical funds in COMEX dealings. Clearly, all blame for this outrageous and illegal copper manipulation must be placed on the CME and the CFTC (and probably JPMorgan). What makes the copper manipulation particularly egregious is that the market is so large, with annual mine production worth upwards of $130 billion, and because it wouldn’t seem probable that the manipulation exists for some of the reasons given for the silver and gold manipulations, namely to protect the dollar or some such effect. Thus, it would appear likely that it’s just a game of the collusive commercials stealing from the technical funds for pure avarice, promoted by the CME and protected by the CFTC. The scam is as simple and straight forward in copper as it is in silver and gold, namely, the commercials rig prices higher and lower through important moving averages to sucker the technical funds in and out of massive positions. – Silver analyst Ted Butler: 20 August 2014 Today’s pop ‘blast from the past’ dates back to 1968. Both the tune—and the artist—need no inroduction at all. The link is here. If I’ve posted this before, it’s been a while. Today’s classical ‘blast from the past’ is the waltz form Act 1 of Tchaikovsy’s 1875/6 ballet, Swan Lake, Op. 20. The Philadelphia Orchestra does the honours—and Riccardo Muti conducts. The tempo is a little faster than I’m used to, or like, but I’m running late this morning—and I just don’t have the time to look for another version. The link is here. There’s not much to talk about regarding yesterday’s price action in either gold or silver. It was almost like JPMorgan et al decided to take the day off. Except for roll-over action, volume wasn’t particularly high once again. Here are the 6-month charts for both gold and silver—and there’s not much change from Thursday. The silver equities followed a very similar path—and Nick Laird’s Intraday Silver Sentiment Index closed down 0.27%. The platinum price did even less—and finished Friday up two bucks. Palladium was in positive territory all day long yesterday—and then caught a bid at the Comex open, with all of the gains in by 10 a.m. EDT. After that it traded flat, before getting sold off a couple of bucks just before the close of electronic trading. Palladium finished up seven dollars. The gold stocks headed lower right from the open—and hit their nadir minutes before 11 a.m. EDT when gold hit its low—and the dollar index hit its high. From there they rallied sharply back into positive territory, but couldn’t hold even those tiny gains, despite the fact that gold closed in positive territory. The HUI finished down 0.30%. The CME Daily Delivery Report showed that 100 gold and zero silver contracts were posted for delivery within the Comex-approved depositories on Tuesday. The only short/issuer was Morgan Stanley out of its in-house [proprietary] trading account. The two largest stoppers were Canada’s Scotiabank with 71 contracts—and JPMorgan with 22 contracts for its client account once again. The link to yesterday’s Issuers and Stoppers Report is here. The CME’s Preliminary Report for the Friday trading session showed that there are still 226 gold contracts open in August, from which you can subtract the 100 contracts shown above that are to be delivered on Tuesday. There were no reported changes in GLD yesterday—and as of 9:36 p.m. yesterday evening, there were no reported changes in SLV, either. And, for the first time this week, there was no sales report from the U.S. Mint. Over at the Comex-approved depositories on Thursday, there was a deposit of 46,279 troy ounces of gold into Brink’s Inc. Ted Butler pointed out that this was the same gold, to the ounce, that had been transferred out of the Manfra, Tordella & Brookes warehouse on Wednesday. So there was no net change in gold stocks over those two days, just inter-depository movement. The link to that activity is here. It was a huge day in silver once again, as 1,899,945 troy ounces were reported received—and 785,557 troy ounces were shipped out. The bulk of the movements were at Brink’s, Inc. and Canada’s Scotiabank. The link to that action is here. The Commitment of Traders Report, for positions held at the close of Comex trading on Tuesday, was more or less what I was expecting to see, as there was very decent improvement in the Commercial net short positions in both silver and gold—and I’m just going to hit the highlights. In silver, the Commercial net short position declined by a chunky 6,343 contracts, or 31.7 million ounces. The Commercial net short position is now down to 186.9 million troy ounces. The Big 4 traders reduced their net short position by 1,800 contracts, but the ‘5 through 8’ traders increased their net short position by 1,500 contracts. Ted pegs JPMorgan’s short-side corner in the Comex silver market at 17,500 contracts. The big surprise for me was that the brain-dead/black-box technical fund traders in the ‘Managed Money’ category only reduced their long position by 575 contracts, although they jumped on the short side to the tune of 5,411 contracts. I was expecting much more long liquidation that that. Ted had the answer—and it amazed me—but that info is for his paying subscribers only. As an aside to all of the above in silver, at the low at the end of May, the Commercial net short position in silver was only around 14,000 contracts, or 70 million ounces of silver. So you can see that we have miles to go to the downside in both contract [and price] terms if ‘da boyz’ really want to hammer the silver market like their quite capable of doing. In gold, the Commercial net short position also declined by a bunch, to the tune of 13,025 Comex contracts, or 1.30 million troy ounces of paper gold. The ‘Managed Money’ technical funds did pretty much as I expected they might, as they sold 9,959 long contracts—and piled onto the short side to the tune of 3,263 contracts. Ted says that JPMorgan actually increased its long potion by 2,500 contracts during the reporting week—and their long-side corner in the Comex gold market is back up to 17,500 contracts, which is exactly the same number of contracts they hold short in the Comex silver market. Here’s Nick Laird’s “Days of World Production to Cover Comex Short Positions” for the Big 4 and Big 8 traders in the Comex futures market as of yesterday’s COT Report. Can you retire on an annuity? Annuities are sold as a “set and forget” way to collect guaranteed income in retirement. But what your insurance broker may not tell you is, they also carry hidden risks. Before you commit a dime to an annuity, find out about these 3 dangers in a new independent report from Casey Research. It’s a must-read for anyone considering an annuity—and it’s free! (Plus: We do not sell annuities. This is completely unbiased research!) Click here to read this free report, The TRUTH About Annuities. Silver spent most of Friday in positive territory but, like gold, got sold down to its low of the day a few minutes before London closed for the weekend, which was a few minutes before 11 a.m. EDT. The subsequent rally back into positive territory got met by the usual not-for-profit sellers—and silver was closed down on the day. The low and high ticks were reported as $19.285 and $19.55 in the September contract. Silver closed yesterday at $19.395 spot, down 2 cents from Thursday. Gross volume was heavy because of roll-overs out of the September contract, but it netted out at only 22,000 contracts. Today’s first photo is of our neighbour’s 5-month old cat, Luna. Because it’s too young to be boarded at a kennel, we volunteered to look after it while they were on vacation for two weeks. What a hellion she turned out to be! Climbing drapes and speakers became her spécialité de la maison—and to get her to sit still long enough for a photo was challenge in itself. Pure black cats do not photograph well, because there’s just no contrast, but the sidelight from the kitchen window helped in this circumstance. We were oh, so happy to return her to her owners.
Recommended Link Chilling Footage of Protest (More unrest to come?) After protesters attacked his daughter’s street, this rancher decided to expose them… and uncovered a disturbing truth… • The price of wheat is up 7% over the past month… But it’s not the only grain that’s rallying. Oat prices are up 13% over the same period. Soybeans are up 10%. Corn is up 6%.These are big moves. You see, the entire grain market has been in a bear market since 2012. Grains have been falling for so long, most investors have given up on them completely. But those people are making a huge mistake. You see, bear markets are the authors of bull markets. And after a five-year bear market, the stage is now set for a massive grain bull market. Big money is going to be made. But most people won’t cash in. That’s because grains trade on the futures market. And most investors haven’t traded a futures contract in their life. The good news is that there’s an easier way to profit. I’ll tell you how to do that at the end of today’s issue.• But first, you should understand something… I’m not your typical investor. I don’t chase trends. I don’t follow crowds into high-flying stocks. I’m a crisis investor. Like Doug Casey, I like to buy stocks that other investors have left for dead. That’s how you get the best deals…and make truly life-changing returns. That’s the opportunity we’re seeing in grains right now. You can see what I mean in the chart below. It shows the performance of the Bloomberg Grains Subindex, which tracks the price of grains like wheat, corn, and soybeans, since 2006. You can see that grain prices have been in free fall since 2012.Again, this happened because farmers flooded the market with grain…which caused prices to crash. — Recommended Link — By Justin Spittler, editor, Casey Daily Dispatch “We’re definitely at an inflection point.” That’s what Matt Connelly told Bloomberg less than a month ago. Connelly, who’s a grains analyst at The Hightower Report in Chicago, was talking about wheat. You see, wheat prices have been falling since 2012. Prices crashed because wheat is highly cyclical. It booms and busts, just like other commodities. During the last boom, prices rose so much that farmers made a killing. But they grew too much wheat and flooded the market. This eventually caused prices to plunge. All this extra supply has kept prices low. But Connelly says the market is starting to work off that surplus: I’m thinking these world production numbers are going to creep lower and kind of wake up the world. And it looks like he nailed this call… Doug Casey: I see a “marvelous bubble” forming Legendary speculator Doug Casey has never been interested in cryptocurrencies. But after a private meeting in Miami with a former hedge fund manager, he’s convinced that this market could make early investors an absolute fortune. Click here to get all the details from Doug’s go-to cryptocurrency expert. • Grain prices are now at the lowest level since 2006… The last time grains were this cheap, they went on to soar 135% over the next two years. And world-class agricultural stocks soared many times higher. You can see what I mean below. This chart compares the performance of the Bloomberg Grains Subindex with PotashCorp (POT). If the name PotashCorp rings a bell, it’s because it’s the world’s largest fertilizer company. Its products put nutrients back into depleted soil. This helps farmers boost their grain crop yields. Because of this, fertilizer stocks closely track grain prices. You can clearly see this above. A 135% spike in grain prices between 2006 and 2008 caused shares of Potash to surge 815%. In other words, you could have turned $10,000 into $91,500 in just over two years.• The same kind of opportunity is staring us in the face right now…For the first time in years, the grain market is showing signs of life. And there’s good reason to think it’ll keep rallying.After all, demand for grains is soaring.U.S. exports of corn, soybeans, and wheat are up 26% since last year. They’re up 73% since 2013. They’re now at the highest level in nearly two decades, as you can see in the chart below. This isn’t the only reason to be bullish on grains, either.• The “smart money” is betting on agricultural commodities… According to the Commodity Futures Trading Commission, hedge funds raised their net long positions (aka bullish bets) on futures and options for agricultural commodities by 330,023 contracts in just the past week. That’s the second-biggest surge in buying this sector has seen since 2006. It’s also another sign that the worst is likely over for the grain market.• So, consider speculating on this trend if you haven’t already… There are a few ways to do this… You could buy the iPath Bloomberg Grains Subindex Total Return ETN (JJG). This is a way to invest in the Bloomberg Grains Subindex I mentioned earlier. And it’s a way to profit from higher grain prices without trading futures contracts. You could also consider investing in fertilizer stocks like PotashCorp (POT). The thesis is pretty straightforward: If crop prices keep rising, farmers will make money. They’ll have more money to spend on things like fertilizer. That’s good news for companies like PotashCorp—it means they’ll sell more. Just understand that JJG and fertilizer stocks are highly volatile. Their prices can swing wildly due to government policies, global economics, and the weather. So, treat these like speculations. Only bet on them with money you can afford to lose. Don’t chase them higher. And always use a stop loss to lock in gains and keep your losses small.Regards,Justin Spittler Vancouver, B.C. July 21, 2017
By WVUA 23 Student Reporter Kate SteinerThe Tuscaloosa City Schools System is helping students find a good career without college thanks to the Educator Workforce Academy.It’s part of the Chamber of Commerce of West Alabama’s Worlds of Work program, which shows students the types of careers they may not even know exist.The program’s goal is teaching educators what options are available in and around Tuscaloosa, so they can better prepare their students for the world after high school.For more information, visit worldsofwork.com.
MANCHESTER, England (AP) — It’s at this stage of the season, when games seem to matter more and trophies are on the line, where Manchester City was relying on Pep Guardiola coming into his own.After all, this was the acclaimed serial winner who was going to “transform our team to a whole new level,” according to chairman Khaldoon Al Mubarak as he welcomed the Spanish coach to City amid much fanfare last June.Guardiola has come up short.Over the past six weeks, five of City’s seven games have been high-profile showdowns across three competitions — Monaco in the Champions League, Arsenal in the FA Cup semifinals, and Liverpool, Arsenal and Chelsea in the English Premier League — and City has failed to win a single one. Overall, in 11 league games against the current top seven this season, City has won just two of them.There is another blockbuster looming, a derby against archrival Manchester United on Thursday, and City dares not lose.Guardiola is feeling the heat as he faces up to a first season without winning a major trophy in a nine-year coaching career that started spectacularly at Barcelona and continued at Bayern Munich.City was eliminated by Monaco in the last 16 of the Champions League, knocked out of the FA Cup by Arsenal on Sunday, and is only in fourth place in the Premier League — the final Champions League qualification spot — with five games left.Lose to United at Etihad Stadium and there’s a real chance City will not even qualify for the Champions League next season, which would be a calamity for a club of its ambition and financial power, not to mention a huge embarrassment for Guardiola.United makes the short journey across town on a 23-match unbeaten run in the Premier League, only now a point behind City in fifth place and with its aura gradually being restored under Jose Mourinho, Guardiola’s old foe from their time at the Spanish league with Real Madrid and Barcelona.Mourinho thrives on these sorts of occasions, delivering tactical masterclasses this season notably in grinding Liverpool’s prolific attack to a halt at Anfield in October, and outwitting league leader Chelsea in a 2-0 win this month.In this department, namely getting results in the big games, Mourinho is outclassing Guardiola.So where has Guardiola been going wrong?GAME MANAGEMENTArsenal hadn’t come from behind to win a game against any of England’s big six — City, United, Chelsea, Tottenham, and Liverpool — since late 2012. Until it played City on Sunday, that is.Losing in that way to a side as fragile as Arsenal currently is highlights an issue that is becoming apparent at City under Guardiola: Managing games.City was 1-0 up and in command against Chelsea in a home league game in December, only to concede three goals through poor defending in the final half-hour and lose 3-1. City was 2-0 ahead at home to Tottenham in January, lost control, and drew 2-2.Guardiola knows this is an issue. Even against Sunderland, a match City comfortably won 2-0 in March, Guardiola was unhappy with his players for coasting through the final 25 minutes.City needs to add some steel and team shape to its pretty football.POOR FINISHINGGuardiola can sound like a broken record when he laments his side’s failure to finish off chances.“It happened many times, but it is what it is: We have to score and we didn’t,” he said after the FA Cup loss to Arsenal.The most obvious example was Kevin De Bruyne hitting the crossbar from point-blank range when City was 1-0 up at the Etihad against Chelsea, which went on to equalize moments later.In the league game against Everton, City came away with just a 1-1 draw after missing two penalties and scoring from just one of its 19 second-half shots.City owns some of the most coveted attacking players around, but their lack of ruthlessness has infuriated Guardiola.DEFENSIVE WEAKNESSParticularly with captain Vincent Kompany injured for much of the season, City hasn’t had an obdurate enough defense to be able to sit back and see out games.Nor has goalkeeper Claudio Bravo’s shot-stopping or command of the area been strong enough to bring reassurance in pressure moments.Guardiola’s “attack at all costs” mentality might not help in this regard, either.BAD LUCKAll managers can point to moments of misfortune during games, but Guardiola has had a legitimate sense of grievance with certain key occasions.Notably the shove on City winger Raheem Sterling by Kyle Walker in Tottenham’s area moments before Spurs equalized in the 2-2 draw in January.Against Arsenal, City had a goal wrongly disallowed when it was 0-0 in the cup semifinal and could have been awarded a stoppage-time penalty for handball against Nacho Monreal in the league fixture.Guardiola tries to make a point of not openly complaining about referees, but his exasperation can be clear in the technical area.STEVE DOUGLAS, AP Sports WriterTweetPinShare0 Shares
ATLANTA (AP) — Sparkling confetti rained on Alabama during a celebration in the middle of Atlanta’s glitzy new stadium.The top-ranked Crimson Tide hopes to return in January for an even bigger party. Taking over as Alabama’s No. 1 kicker, Pappanastos had a rough night.Dominating on defense and taking advantage of an awful special teams showing by No. 3 Florida State, the Crimson Tide got started on what has become its annual quest for the national title with a 24-7 beatdown of the Seminoles on Saturday night at $1.5 billion Mercedes-Benz Stadium.“It’s good to get a win, but we have a lot of work to do,” Alabama coach Nick Saban said, before adding ominously for the rest of the nation:“We’ll get better.”The new stadium, filled to the rafters with 76,330 fans split almost evenly between the schools, hosted one of the most anticipated opening games in college football history .At the end of the season, it will be the site of the national championship game.Don’t bet against Alabama making a return appearance.“It’s one game. We have a long season,” Saban said. “The focus that we have right now is what’s ahead, not what’s behind.”Damien Harris ran for a touchdown and blocked a punt , while Jalen Hurts chipped in with a scoring pass in a game that basically required the sophomore quarterback to make no major mistakes.This one was all about that dynamic Bama D.And Florida State’s not-so-special teams.“We work 30 to 35 minutes a day on special teams,” coach Jimbo Fisher moaned. “We had breakdowns. Those were critical plays in the game.”Coming off a last-second loss in last season’s title game , Alabama picked off two passes by Deondre Francois in the second half, snuffing out any hopes of a Florida State comeback. Throw in a blocked punt, a blocked field goal and a fumble recovery on a kickoff return, and there was really no path to victory for the Seminoles in the first opener between two teams in the top three of The Associated Press preseason rankings.The Tide led 10-7 at halftime, catching a huge break in the closing seconds when the officials didn’t call a pass interference penalty.Tony Brown never looked for the ball, running into Nyqwan Murray as he tried to go for a scoring catch that would have given the Seminoles a lead. When Florida State was forced to settle for a 37-yard field goal attempt, Minkah Fitzpatrick leaped up to make the block on the final play of the half, preserving the lead and prompting a round of boos from the FSU faithful as the officials trotted off the field.Appearing deflated, the Seminoles never got anything going over the final two quarters. Levi Wallace and Mack Wilson both had interceptions, and Francois’ night ended with him being helped off the field — putting no weight on his left knee — after being sacked from behind by blitzing safety Ronnie Harrison.Francois grabbed at his knee even as he was going down.It was a potentially crushing blow on a night that already went bad enough for the Seminoles.“I hugged him,” Fisher said. “We’ll get the diagnosis and figure out what we’ve got to do from here.”With the Tide still clinging to that three-point lead, the game was essentially decided by a seven-play sequence toward the end of the third quarter.Logan Tyler’s punt was smothered by Harris, racing in from the left side, and Dylan Moses fell on it at the Florida State 6. The Seminoles made an impressive stand, forcing Alabama to settle for Andy Pappanastos’ 25-yard field goal.It was all for naught when, on the ensuing kickoff, Keith Gavin muffed the ball in the end zone, picked it up, ran into one of his own men, and then fumbled on a hit by Moses. Keith Holcombe recovered at the 11, and Harris ran up the middle for a touchdown on the very next play, splitting two would-be tacklers at the 5.Florida State managed only 65 yards in the second half and finished with 250 in the game. Alabama had just 269 yards but it didn’t really matter with all the chances created by the defense and special teams.“This game tells us where we are,” Saban said, “and where we need to go.”THE TAKEAWAYAlabama: The Tide looked very much like a team worthy of its No. 1 ranking. While the no-call on the potential pass interference penalty was a huge break, there was no doubt about the better team in this game. The offense still needs a bit of work, especially the passing game. Saban grumbled that his team “didn’t make a lot of explosive plays.”Florida State: The Seminoles were looking to regain a bit of their swagger after back-to-back 10-3 seasons, which would be a cause for celebration at most schools but not in Tallahassee. Florida State thought it had the squad to contend again for a national title, but the offense was no match for the Crimson Tide. Throw in Francois’ injury, and the outlook is suddenly a whole lot bleaker.ROOF CLOSEDAtlanta built a retractable roof stadium for nights such as this.Clear skies. Temperatures in the low 70s.Unfortunately, the camera-lens-like structure is still a work in progress. While capable of opening and closing, the process takes too long to take any chances during a game. So, for the foreseeable future, it will remain closed.KICKING WOESTaking over as Alabama’s No. 1 kicker, Pappanastos had a rough night.The transfer from Ole Miss kicked three field goals, also connecting from 35 and 33 yards, but he missed his two longest attempts of 42 and 41 yards.UP NEXTAlabama: Hosts Fresno State next Saturday in first game of the season at Bryant-Denny Stadium.Florida State: Returns home to face Louisiana-Monroe next weekend.TweetPinShare0 Shares