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Bill Gates @BillGates
, 6 tweets, 2 min read Read on Twitter
.@MaxCRoser is one of my favorite data nerds —and his website Our World in Data is a gold mine for impatient optimists like me. b-gat.es/2KcxhYQ
Based at the @UniofOxford, Our World in Data uses statistics to give you insight into how living conditions are improving around the world.
Here are three facts from the site that Max thinks everyone should know…
Fact #1: Fewer children are dying before the age of 5.
Fact #2: Since 1960, the number of children born per woman has fallen by half.
Fact #3: The world is making progress against extreme poverty.
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1/ What a year. If you’re anything like me, you’re taking stock of your work and your life, and wondering where all the time went. Here are a few of my thoughts as 2018 wraps up. b-gat.es/2BSfgYC
Just over a year ago, I made my first investment in Alzheimer’s research. I’m hopeful that we can make a lot of progress in the coming years.
Almost a decade ago, I predicted that the world would soon be polio free. But we had more polio cases in 2018 than in 2017. Even so, I remain optimistic that we could eradicate polio soon.
Read 11 tweets
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At the time I was in college, this was basically how the global economy worked...
This chart assumes that the total cost of production increases as supply increases. When a car company makes a new vehicle, the 10th car costs the same to manufacture as the 1000th.
But software doesn’t work like this. Microsoft might spend a lot of money to develop the first unit of a new program, but every unit after that is virtually free to produce.
Read 6 tweets
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Dear Class of 2018: Congratulations! To prepare you for the opportunities and challenges that lie ahead, I have a gift for you (and yes, it’s a book): b-gat.es/2kOx2nC
I hope you enjoy “Factfulness” as much as I did. And I hope you take Hans’s advice to heart.
“When we have a fact-based worldview,” he writes, “we can see that the world is not as bad as it seems—and we can see what we have to do to keep making it better.”
Read 4 tweets

Related threads

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Gold: XAUUSD trading lower this morning in European hours after the weakness see on Friday. Most of the weakness seems to be due to a stronger USD; #gold is up in euro and roughly flat in CNY but DXY is at more than a one-year high.

1/6
Gold: We noted last week that a ‘gap’ had opened on our gold vs DXY chart. That hasn’t closed as such, but the strength in the dollar is dragging #gold lower.

2/6
Real US Treasury rates haven’t moved much in the past few days, but despite the move lower in #gold the gap that we’ve mentioned on a few occasions in the past month is still there.

3/6
Read 7 tweets
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Gold: The COTR for #gold was released Friday, as usual, but I was away from the office yesterday and didn't get a chance to update spreadsheets: I need not have worried as its almost unchanged.

Managed Money remains net short gold, reduced by 0.75moz to 7.1 moz

1/4
Gold: Gross #gold longs were down 0.16moz to 10.4moz, continuing to bounce roughly around the base level seen over the past six or seven years

2/4
Gold: While Gross #gold shorts fell by 0.91moz to 17.5 million ounces, just shy of the highs seen since this data was available (2006).

3/4
Read 5 tweets
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Gold: Stubbornly Short:

CFTC data, released Friday for positions as of Tuesday 4 September, show that Comex Managed Money remains short #gold.

1/6
Gold: There was little change to the already-elevated gross Managed Money short #gold position, which increased by only 100Koz; gross longs fell by 900koz to 10.5 million ounces, driving the net short position 1moz higher to 7.9Moz

2/6
Gold: There has been little change in price or Comex #gold open interest since last Tuesday, indicating little change in positions since then and no obvious technical trigger for a further move.

3/6
Read 7 tweets
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Gold: Mukesh Kumar, manager of research for @GOLDCOUNCIL in India, has spent the past few days talking to contacts across the Indian #gold market. The first thing I would observe is that the NCDEX polled premium is now positive (data to 20 August) 1/6
Gold: Mukesh notes that there will be an impact from the recent devastating Kerala floods and that the Onam festival will see less #gold demand than normal. But almost all the contacts believe the impact of the flooding will be temporary and should be limited to Q3-18. 2/6
Gold: For country as a while, almost all elements of the trade (fabricators, retails, dealers, banks and industry associations) are positive about #gold demand in H2-18. 3/6
Read 7 tweets
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Gold: Physical #gold volumes on the Shanghai Gold Exchange round out a rather slow month, down 17% year on year. 1/3
Gold: Although we continue to hear that underlying demand is doing pretty well in China, efforts to better-control the use of gold in shadow financing may be contributing to a slowing in exchange volumes.
Gold: T+D volumes were also a bit soft in June, 10% lower than the average of 2018-to-date and roughly half the previous year's levels.
Read 3 tweets
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New Q..This shits massive #Qanon
Read 39 tweets

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