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Why Did Gold Just Crash?

Why Did Gold Just Crash? Gold traders shaken awake by Monday’s rapid price plunge. Trading spiked to 1.8 million ounces of gold in just a minute.

Gold sank at 9 a.m. in London on Monday after a huge spike in volume in New York futures that traders said may have been the result of a “fat finger”.

Gold futures fell as much as 1.6 percent to $1,236.50 an ounce on the Comex, the lowest for a most-active contract since May 17.

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Source: Bloomberg

 

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Ethereum Price Is Tumbling: Down 20%

Ethereum  tumbled down 20% on Monday trading closing at $239.63.  Last week a flash crash saw the price of Ethereum crash as low as .10c temporarily.On Friday it was announced investors who experienced a “margin call or stop loss order”  during the flash crash would get a credit (source:cnbc).

Ethereum is a rival cryptocurrency to Bitcoin. Bitcoin has surged in value in the last year to reach a price high of $3000 in 2017, all the value of Bitcoin is estimated at $41 Billion.

Read this next: Snap Stock Slides 

Would you trade a cryptocurrency? Comment Below. 

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Snap Stock Slides: Time to Sell?

Snap Inc stock price is falling. Snap has only 166 million daily users.

At the same time Facebook Instagram Stories exceeds 250 million daily active users. Users can  post disappearing stories for a 24-hour period closely similar to Snapchat’s service.

The Snap stock price has recently plummeted going just above the IPO price closing at $17.31.  This is a surprising story given how much hype has been given to Snap stock prior to listing at the start of the year.

Should you short Snap? Or is it a buying opportunity? Comment below.

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Amazon Swallows Whole Foods

Amazon the online retailer has agreed to buy Whole Foods the upmarket grocery chain for $13.7 billion. This is a smart acquisition by Jeff Bezos, the founder of Amazon. Bezos is in a race to become the world’s first trillionaire. 

Buying Whole Foods will give Amazon a brick and mortar presence. It will be interesting to see what Amazon will do with Whole Foods now. Grocery is an $800 billion market in the U.S., still largely untouched by the internet.

Who will Amazon buy next? Comment below…

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Tesla Is The Most Shorted Stock $10.4 Billion

tesla

Tesla is now the most shorted stock in the US . Tesla shares are up 70 percent year-to-date, at the same time established automotive companies like Ford and GM shares have sunk.

Musk stands by Tesla

According to an Investopedia article that cited data which shows the short interest in Tesla totals about $10.4 billion.Musk’s caption for the article was “could be worse.”

This sets up a high stakes battle between Musk and Tesla, against short-sellers who are betting the shares will fall in value. Any mistake in Model 3 production and launch by Tesla could set of a Tesla stock crash  and the short sellers will make a tonne of money.

Comment below if you would short Tesla and why? 

Read this next : Why Tesla is Going to Crash 

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Study Tips From The Top 10% (SAT, ACT, GRE)

When exams come around most people cram last minute, but is spending late nights trying to memorise formulas and facts a good idea? Here are the study habits that work for the top 10% of test takers (GRE,SAT,ACT,GMAT), see the infographic below (NOTE: from our advertising partner Magoosh, check out their selection of prep tests). Taking the day off before the exam is a bold plan indeed. Here’s what works for the top 10% of students.

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Have you read: Complete MIT GUIDE

One additional tip, prepare ‘clear study notes’ that you can revise right before you go into the exam.

Comment below on what study habits work for you ! Don’t forget to share & like! Thanks 🙂

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Pizza Essay Gets Student Accepted To Ivy league

Do you want to get into one of the best colleges in the world? Then you might have to think outside the (Pizza) box. Admissions for the ivy league is challenging with the acceptance rate usually below 10%. But one teen used an unusual pitch in an essay to get offered a place at Yale where the acceptance rate is only 6.3%. Wait until you hear what she wrote about in her application essay: Pizza!

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In response to a prompt about what you love to do, was about Papa John’s. “I love to order pizza from Papa John’s so much,” Williams tells ABC News. “That was my first thought when I saw that prompt.” Her essay, which discussed how ordering from the pizza chain made her feel independent as a kid, was a bit of a risk, she admits, but it made an  impression on Yale’s admissions team. 

We know what your thinking this is a joke? But it’s a true story. Unbelievable!

Read this awesome EBOOK to BOOST your Self Confidence! FREE preview. Click here<<<<

Comment below if you think a pizza essay is a good idea.?

Read this next! If Hogwarts Houses Were Ivy League Schools 

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10 Hot Job Titles for Tech 2017

Want to study at Stanford? Read our Stanford Guide and get the key info.

Do you know the most in demand job titles for technology jobs in 2017? Find the answer below! Recent research by HiringSolved predicted the most likely job titles for new graduate applicants starting out in technology jobs. The results will surprise you! Here are the 10 Hot Technology Job Titles for 2017 :

1. Software Engineering Intern 6. Member of Technical Staff
2. Software Engineer 7. Business Analyst
3. Business Development Consultant 8. Brand Ambassador
4. Research Intern 9. Marketing Intern
5. Product Specialist 10. Financial Analyst