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Tech Stocks In The Quantum Age

Daniel Chase

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There was a time, though few of us remember when computers were no more than a twinkle in Bill Gates’ eye. Many moons ago, when rock and roll blasted out of car radios and Danny Zuko had just told Sandy she was the one he wanted, the Universal Automatic Computer (UNIVAC) was created. The UNIVAC is heralded as the first computer, built by the US Army in 1951. The device used around 5,000 vacuum tubes which all functioned on a binary system.

For those unfamiliar with the inner machinations of computers, our favorite laptops and tablets store data in the form of bits, and at the heart of every bit is either a ‘1’ or ‘0’, hence a binary code. The UNIVAC paved the way for generations of computing devices, eventually giving mankind personal computers that have increased in capacity, while shrinking in size over the past couple of years. 

As is typical with humans, we grew impatient with our technology and insisted that there was a better way to build computers, to increase their processing capacity.

In the 1980s, a collection of technological geniuses conceptualized the field of quantum computing, a theoretical system where, rather than using a binary ‘1’ or ‘0’, bits could be stored as both a ‘1’ and a ‘0’. To put it simply, quantum computers will be able to solve issues and process information at exponentially faster rates compared to traditional computers.

Some experts believe these devices, while still very much in their infancy, may one day be able to efficiently solve problems previously found to be unsolvable by currently available technology. 

In early January, IBM (IBM) announced their unveiling of IBM Q System One, the world’s first integrated universal approximate quantum computer system designed for scientific and commercial use. IBM’s quantum computer was “designed by IBM scientists, systems engineers, and industrial designers, and has a sophisticated modular and compact design optimized for stability, reliability, and continuous commercial use.”

“The IBM Q System One is a major step forward in the commercialization of quantum computing,” said Arvind Krishna, senior vice president of Hybrid Cloud and director of IBM Research. “This new system is critical in expanding quantum computing beyond the walls of the research lab as we work to develop practical quantum applications for business and science.”

-IBM Announcement of Q System One Computer

IBM’s (IBM) announcement indicates the reality that computing devices will one day fail to put out the speed necessary to handle the work we use them for. As it relates to quantum computing, this is an area of computer technology that is only just now coming out of the woodwork.

IBM’s (IBM) advancements in quantum computing are just one example of innovation coming out of the tech industry, but other companies in the sector are pioneering their own tech, all of which is designed with the consumer’s best interest at heart. 

ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF)is one such tech company that is focused on innovating, fabricating, and distributing products/services to improve the quality of life for consumers. Like any successful company, ParcelPal recognized a problem that we face every day; the systems in place for ordering food and products is archaic and needs a major update.

In recognition of this challenge, the Company created an on-demand marketplace where customers can shop for essentials (clothes, food, tech, and cannabis) and have these products delivered right to their doorstep. Rather than cut into time from your day that could be spent handling business, ParcelPal is primed and ready to lend a much-needed hand. 

Imagine a day where you have a crucially important meeting, and on your way to work, you spill coffee all over your button-down. In any other instance, this would be an incredible time to panic and call your therapist, but with the help of ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) you need only use their online platform to order a new shirt. Within the hour, a ParcelPal courier will accept the request and drop off your order to whichever location you choose. 

In recent news, ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF)announced at the tail-end of January that the Company has formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. As part of the ParcelPal’s national rollout campaign, advertising for ParcelPal’s service will be seen across the country in various educational forms.

Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party. 

An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.

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Got That Friday Feeling? We Do Too! April 26, 2019 Morning Update

Jon Phillip

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stock price newsletter

Can You Detect A Winner?

We live in a world where threats to our safety, both large and small, have impacted the way we as a society live.  Increased security measures are being taken in several aspects of daily life such as entering a school or even a baseball game, often causing large delays.  Worse off, not all current security measures are stopping these threats before they happen. One company is working on a solution to combat these issues, NOW. Click Here & See For Yourself

Reviving The Lost Interest In The Gold Mines: McEwen

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks? Click For Full Article

Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand. Read More, Now.

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Energy

Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

Jon Phillip

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oil and gas news

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand.

The Decision Not To Increase Output Based On Market Fundamentals

The minister said that his decision was based on oil market fundamentals rather than prices and that they still remain focused on stabilizing the global oil market.  Speaking in Riyadh, Falih said that despite the rising of inventories as a result of sanctions on Iran and the situation in Venezuela it was not necessary to have an immediate response to increase oil output.

Last year the US granted Iranian oil buyers exemptions from sanctions but it has tightened the line by deciding not to renew them.  Saudi Arabia intends to remain within its OPEC production limit as well as be intent to its customers. More so those under waivers and those that have seen their waivers withdrawn. 

The minister said that they are not going to pre-empt the same and increase their output. Oil production number for May are set. It had little variations from previous months. Furthermore, crude oil allocations for June will be decided next month.

Oil Prices Have Been Increasing Since November

Since November, Oil prices have increased. This follows the announcement by the US that all waivers on imports of Iranian oil will not be renewed to put pressure on buyers to stop buying oil, from Iran. This ends up tightening global oil supply. 

On Wednesday, Brent Crude futures dropped to trade at $74.18 per barrel. This followed a statement from the International Energy Agency. This indicates that markets are adequately supplied and global production is stable.

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Reviving The Lost Interest In The Gold Mines: McEwen

Joe Samuel

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gold mining stocks to buy

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks?

Rob McEwen, CEO and Chairman of McEwen Mining (MUX) says, the first few months of the year has brought and encouraged the attention and interest of the investors in the mining of precious metals sector. But, now it is extremely important to bring up some new discoveries and execute some exploration plans in order to give consistency to the investors’ attention.

New Opportunity For Mining Stocks?

He remarks that a new zeal is required to bring enthusiasm to the investors. The current market is in need of some extraordinary news. He even said that there is no lack of money in this sector and that investors just need to work upon it and create shareholder values.

Chairman McEwen commented as the prices of the gold is consistently falling since3-4 months causing damage to the mining sector. Companies like June Gold Futures and VanEck Vectors Gold Minors ETF last traded at $1,273.50/ounce, and $20.92/share respectively and the former went down 0.32% while the latter faced 0.29% fall on the day.

According to McEwen, a few companies are working in this direction to revive the interest in these mines. These companies are Kirkland Lake Gold (its record production) & Great Bear Resources (its active program of exploration) are mentioned by him in this regard.

McEwen, as per his plans, is heading for extensive drilling plans in North America. He introduced that his company is going to invest $17 million at Black Fox Property’s (North Ontario) exploration plans and $5 million at Gold Bar Mine (Nevada).

McEwen believes that such resources are full of potential and can create peerless mines in the world.

McEwen planned for the aforementioned two plans as the world saw a degradation in the production at Gold Bar due to massive snowfall at Nevada. And also, the production at Black Fox was affected as the contactor-run crushing plant was shut down for 6 weeks in February.

Growth Is The Focus

But McEwen is definite to complete its target no matter what. He said the company will fulfill its 2019 target of gold production of 205,000 ounces. In the first 3 months of 2019, he claimed the gold production of 36,166 ounces. This is 18% more than the gold production in the first 3 months of 2018.

McEwen gave a positive statement saying that price and the interest of investor will be gained back soon once the gold mines receive adequate attention. He says that the mining sector is facing a lacuna of sentiments of investors.

He even said that the importance of gold mines could be seen as unlike investors, Central Bank is showing stability in hiking the bank’s gold reserve and continuing to see it as an international currency. So, it is still important for those investors who are seeking protection for their investments.

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