Should the Federal Reserve significantly raise interest rates and the dollar regains its losses, gold could sustain a $100 to $150 downside risk. On the upside, when gold breaks above $1,400 per ounce and maintains growth in the high $1,400 range, we forecast it will rapidly spike to $2,000.
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With cities growing relentlessly, municipal governments have no choice but to enlist artificial intelligence, data analytics, remote sensing and Cloud communications to make urban centers not only habitable, but also affordable and efficient. Deft management of resources and waste will stretch city budgets and improve urbanites’ quality of life. Creative entrepreneurs will find lucrative niches...
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America’s shadow: Donald Trump
There was no better-suited stage to reflect just how deep America’s collective smarts, dignity, self-pride and morality had sunk than Presidential Campaign 2016. United States elections, especially presidential elections, once were a cherished tradition. They were ripe with optimism that our next leaders would reflect in principle and practice the moral, freedom-loving tenets on which...
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The Obama years ended with him vigorously campaigning for Hillary Clinton in her race against Donald Trump. No president in history campaigned harder for his potential successor than Obama did, pleading with voters to support Clinton and, thus, endorse his legacy. His campaigning capped off the stunning failure of war-hawk and pseudo-liberal Clinton to generate...
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Mind meld
Uniting organic computers – our brains – with their electronic counterparts has moved farther from science fiction and closer to reality, thanks to recent bioengineering innovations. The first is an artificial synapse, devised by researchers at Stanford University and Sandia National Laboratories. Since synapses are mainly empty space, why is this a big deal? Because...
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The combination of artificial intelligence, microelectronics and brain research is blurring the line between human being and intelligent machine. Assistive or therapeutic technologies will be the pioneering applications; then, market demand will drive more and more sophisticated uses outside of medicine. Mapping the brain and learning how to target electrical pulses to specific regions could...
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Biodegradable plastic
What if plastics could be made from biodegradable material? Just throw the old water bottles and fast-food cutlery in the garbage; bacteria at the dump will eat them, in short order, down to harmless substances. That goal is still elusive. But we’re getting closer. The first big step came more than a decade ago when...
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The new product-design ethic is “cradle to cradle.” That means making sure a discarded product is designed to become a feedstock for a process or critter when its useful life is over. Products that are recyclable or biodegradable will gain increasing consumer cachet until they become standard.
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Eisenhower’s nightmare is now a reality
Eisenhower’s nightmare is now a reality On Jan. 17, 1961, President Dwight Eisenhower, a five-star general who led the D-Day invasion, gave a powerful warning to the nation in his farewell address: “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The...
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Some unease hit the markets during the string of resignations that shook the White House. The Dow Jones, for example, dropped in mid-August to its lowest performance in three months, when Trump’s handling of the Charlottesville protests led to rumors that National Economic Council Director Gary Cohn was next to resign. Some talking heads on...