News – Gold – Trending Up?

Time for Gold to Shine?

(Note: all the sources listed in the “Balanced” section)

Gold investors remember the good old days, the period from 2001 to 2011 when gold prices climbed 475% from $272 per ounce at the end of 2000 to $1,563 per ounce at the end of 2011.  During that period, gold reached a low of $255 per ounce, peaked at $1,901 and averaged $705 per ounce. The key drivers for the “Gold Rush” were:  1) selling among central banks abated, 2) gold production was constrained, 3) new investment vehicles, such as exchange-traded funds, made it easier to invest in gold, and 4) the U.S. dollar weakened during much of the period.  Since that time, gold prices have languished and seem to be stuck in a trading range for the past 4 years between $1,051 and $1,366.   
During the first three quarters of 2018, the price of gold declined 8.5% to $1,191.  After a 1.7% increase during the first quarter that provided a glimmer of hope, gold prices declined 5.4% and 4.9% during the second and third quarters, respectively.  According to the World Gold Council, third quarter gold demand grew less than 1% on a year-over-year basis to 664.3 tonnes. While bar and coin demand increased 28%, central bank demand increased 22% and jewelry demand increased 6%, outflows in gold-backed ETFs offset much of this growth. 1
During the fourth quarter through November 14, gold prices rose 1.6% to close at $1,211 per ounce.  Gold’s strength at the beginning of the fourth quarter may be attributed to increased financial market volatility driven by geopolitical tensions and concerns about domestic and global economic growth.  Additionally, reports that central banks may increase purchases of gold, especially among those representing emerging markets, may have provided a boost to investor sentiment.  In the comparable time frame, the performance of the broader market indices was volatile with the S&P 500 posting a 7.3% decline during the period.  Gold may have performed its role as a “safe-haven” investment.
Gold investors may be wondering if the promising start to the fourth quarter will signal continued gains for gold or will it turn into a head fake?

News – Cancer – Harnessing the power of immune system

Cancer vaccines; promise becomes reality?

(Note: all the sources listed in the “Balanced” section)


The premise of harnessing the power of a patient’s immune system
to kill cancer cells is more than 100 years old. In 1891, Dr. William Coley, a
surgeon affiliated with the Memorial Sloan Kettering in New York City,
developed an immunotherapy for the treatment of cancer based on bacterial
toxins. This was the first attempt to use a cancer vaccine. Today, Dr. Coley is
known as the “Father of Cancer Immunotherapy”.

The Birth of Cancer Vaccines – An Old Story Becomes New Again. After failing to save the life of an 18 years old woman with
sarcoma, a type of cancer, in the year 1891, Dr. Coley was affected deeply and
dedicated himself to find a cure for the disease. He found that sarcoma patients
concomitantly suffering from a skin bacterial infection known as erysipelas
(caused by group A
streptococcus
bacteria), have undergone spontaneous regression of their cancers. Dr. Coley
thought that causing a bacterial infection could help combat cancer in these
patients. He injected the erysipelas germ into the tumor of a 35 years old man
suffering from head and neck cancer. The treatment worked. The first cancer
vaccine was born.    

In
Recent Years, Results in Human Clinical Trials with Cancer Vaccines Have Been
Disappointing. 
Despite of the robust rationale behind the use of cancer vaccines
for the treatment of cancer, the long history behind this medical hypothesis,
the search for the “Holy Grail” (a curative cancer vaccine) has been elusive. Over
the last twenty years, cancer vaccines have been a disappointing segment of the
biotechnology sector for investors. Despite of the innate appeal of the idea of
using cancer vaccines as an effective weapon against cancer, the results of
late stage human clinical trials have been discouraging to scientists,
entrepreneurs and investors.

News – Cancer – Gene therapy, what the future holds

Cancer gene therapy – past, present & future

(Note: all the sources listed in the “Balanced” section) 


To the medical community, the premise of
replacing mutated genes with normal corresponding genes have been widely viewed
as a promising treatment for cancer. “Oncogenes” are genes known to promote
malignant tumor growth, whereas “tumor suppressor genes” have the opposite
function as they inhibit tumor formation. The scientific theory of replacing a
mutated tumor suppressor gene for its corresponding normal copy is robust, with
scientists, physicians and biotech entrepreneurs agreeing that the pursue of
gene therapy approaches for the treatment of cancer should become a common goal
(https://www.youtube.com/watch?v=2NVBsPfOtT8).

In spite of this enthusiasm, not all investors
are fully convinced, as some remain skeptical about the prospects for cancer
gene therapy.

News – Alzheimer’s – The race to a better treatment

Alzheimer’s; will an effective treatment emerge?

(Note: all the sources listed in the “Balanced” section)  

Alzheimer’s disease is the main cause of dementia, memory loss,
and cognitive decline in elderly patients. The illness’ symptoms start
gradually, but worsen quickly later on, severely affecting thinking and
behavior of patients. Alzheimer’s disease remains as one of the most difficult
challenges for the biotechnology and pharmaceutical industries. Undoubtedly,
the commercial opportunity for a “disease-modifying drug therapy” for
Alzheimer’s patients has the potential to become the largest blockbuster drug
in the history of both industries. Thus far, all attempts to develop such a
candidate medicine have resulted in clinical trial failures.

News – Trump – Is he right to withdraw from INF?

Is Trump right to withdraw from the Intermediate-Range
Nuclear Forces Agreement (INF)?

(Note: all the sources listed in the “Balanced” section)

End of an Era. At the end of October, 2018, National Security Adviser John Bolton  traveled to Russia to deliver Trump’s likely decision to pull out of the Intermediate-Range Nuclear
Forces agreement (INF)
. This was a landmark treaty brokered between President Ronald Reagan and Soviet leader Mikhail Gorbachev in 1987. This agreement banned the possession ground-launched missiles with ranges of between 300 and 3,500 miles. The treaty was successful in the destruction of thousands of missiles in both countries, however, in recent years Russia has been accused of breaking the agreement by testing and storing ground-launched cruise missiles. In a recent statement, President Trump expressed his frustration to reporters, “We’re the ones that have stayed in the
agreement and we’ve honored the agreement, but Russia has not unfortunately
honored the agreement, so we’re going to terminate the agreement, we’re going
to pull out
.” 2, 5, 6