AI Chat GPT and where is it going

The CEO of Open Ai Sam Altman with his backer Elon Musk have created the biggest development for mankind since the invention of the wheel. Elon Musk has stated that this is more dangerous then a bomb.

Open Ai will now be accessible to the whole public making each person a programmer. This is such a  wonderful development but we could be heading for a dangerous element, This dangerous side to it will be from Hackers, Terror groups and terror states. The problem here is that these hackers, and terror groups could in theory build a Nuclear bomb. Presently, there is no legislation and no regulation which makes it a minefield .

The good part of this AI is that it will give very individual access and the results when searcing that will make Google look like a John and Jane grade 1 book. Ai allows you to research what you want and it will do all the work for you. AS you are aware many school children are doing their homework via Chat GPT.

Medical research, treatments and technologila developments could well advance at a great spoeed as a result of AI and chat GPT. Whow ould have thought decades ago that all you need for an answer is now fully available.

Lets think of all the potential medical solutions that could be found at the click of a button.

Nvidia, Marvell and Palantir have all shot up in vaule with Nviidia now a $trillion Dollar company. There is a bubble forming now in the NASDAQ and it will POP by the end of 2023 as it resembles the Dot.com bubble of 2000 which many readers will be too young to know or remember.

Apple, Meta and Amazon have all gone into Chat GPT anf their shares have flown higher. Their values are also over valued and we are heading for a crash soon not seen since the Wall Street crash of 1929.

Meanwhile, short term Ai and Chat Gpt look like a good bet but the turnaround is coming.

Israel to attack Iran

 Israel is now on the verge of attacking  Irans Nuclear sites.

Iran has  now successfully enriched weapons grade Uranium that can produce 5 Nuclear Bombs. Israel will not allow the extreme radical Islamic state to have this existential threat to its existence. 

The West including the US is ignoring and turning a blind eye to all of the breaches. 

The IAEA is also closing its files on the investigation it carried out. Iran has become emboldened as a result of the weakness the West is showing and now raises that nothing will happen. 

In fact, Biden is offering to release all the frozen assets values at $10bn to tempt the Iranians into stopping their Nuclear dreams.

Israel will attack and destroy the Iranian Nuclesr ambition. Once this happens then Irans terrorist proxies will fire upon Israel.

Hizbollah in Lebanon and Syria. Hamas in Gaza and other terror groups in the Middle East .

Hizbollah has 150 000 yes 150k rockets aimed at Israel many are GPS precision and this will bring Lebanon into a war causing massive destruction.

Impact on markets 

Global markets will sink. Oil will rocket to $140 a barrel. Gold will rise to $2300 and Equities will drop.

This is going to happen not if but when.

Trump - Iran

Now that Trump will not ratify the compliance needed for Iran to abide by the Nuclear deal , what will happen ?

This needs to be analyzed carefully . Trump cannot cancel the deal but can impose stricter conditions .

It's a tough one as no one wants Iran to have an Atomic Bomb. Also no one wants North Korea to start launching Missiles either .

What is clear that both regimes are trouble , one sponsors terror internationally and the other other is looking to wipe out South Korea .

Mr Trump needs to show both regimes that any step out of line will be punished severely . The problem is that no regime believes him , therefore saber rattling won't help .

Decisive action will be needed that will put both regimes in their place and warn others . 

The Missile Threat and immigration.

The truth is with extreme regimes playing with the their missiles and wanting to impose their lifestyle on others will not be accepted in the West.

As much as the west is very tolerant of N Korea and Iran their tolerance levels are being tested daily.

The influx of immigrants into Europe has shunted the balance to such a degree, that the backlash and resentment is growing.

Recently, the German intelligence service has highlighted that Hizbollah Terrorists which are in fact Iranian proxies are living and acting in Germany.

These terrorists came in as Refugees or under the cover of refugees. It was clear and apparent that this was to happen and Iran, is exploiting the weakness and soft approach by Europe.

Iran is the world leader in terror and has shown time and again that it does not care what the world thinks of it. Once you have a regime that is hell bent on destruction, and Terror then it must be dealt with now. 

Catalonia- the Euro threat

With Catalonia wanting independence from Spain, what would happen to the Spanish economy and the effect on the Euro .

Well, to be clear the threat of independence and the impact on the Dpannish economy would be a disaster for financial markets . The reason is because Catalonia splitting from Spain would rock the stability of Spain and cause an exit on all fronts . In addition the uncertainty of where the country post split would be going would add further damage .

What we saw in Geeece in 2014/2015, would be considered a tea party to what would be seen globally for a Catalonian independent state. 

Euro 

The Euro would collapse and thus have a significant down wind effect on the rest of Europe. Confidence would be lost in Spain and be a major shock to the EU. This would take months for the EU to recover from this and would send the Euro crashing and financial markets to drop significantly. 

The independence call would have the effect of other minnow states looking for independence . The weak countries of the EU would be under further strain to recuperate from this and cause there economies to drift rudderless .

Bonds 

Bond prices in Spain would collapse and the yield would probably exceed 11%. In addition the other Eurobond prices would be shunted downwards with yields reflecting that downward push.

Summary 

This call for independence by Catalonia is not going away and it's a matter of time before they succeed . Be aware and be prepared as the speed of decent in the markets and the Euro will be very fast .

U.K. Cost of living

It is clear to everyone that the cost of living has increased and will increase further since Brexit. 

The fall in the pound being the main cause and the driver behind this increase in inflation and the man in the street feeling the household costs are increasing.

The Bank of England has changed its tone recently and has now become more hawkish , which means in simple terms that they will look to increase the bank lending rate . Why? Simply put the Bank of England has seen inflation increase in the last six money he to levels not seen for many years . 

Inflation 

Inflation in the U.K. Is running at 2.9% and the Bank of England's tolerance is being pushed . Rising inflation above the BOE target of 2% puts pressure on the BOE to curb inflation and bring it back down to the target range .

Inflation has moved upwards and will move further due to the weakness of the pound . The UK has become heavily dependant on imports from food, vegetables, technology , chemicals etc that the cost of those goods in pound terms has risen .

Pricing 

What the pound could buy 18 months ago has gone up now by about 27%. The importers and retailers have tried to absorb much of this cost but are simply unable to continue absorbing this extra costs and so , are passing this onto the consumer . This means thatvroices are rinsing , which means the costs of goods is rising and so inflation Rises.

What about the pound £

Well here is the funny thing .

The pound will surely rise and become stronger on the sniff or smell that interest rates may rise in the U.K. . This is due to the pound becoming more attractive as a currency to invest in and the banks will benefit further from a high deposit environment .

As the pound gets stronger then the cost of imports per se flies down and then inflation should weaken. 

This is the theory . 

Let's see.

Hurricane season and September 11.

Is the hurricane season a season or is it becoming more of a regular event . Well, if you were to judge by the stock markets reaction they posted big gains once it hit landfall .

Or

9/11 response 

Is this the case or is it the States demonstration of strength for 9/11 as it was on Monday this week and the markets jumped . The Dow and the other US markets being global leaders and trend setters always want to waive the flag in piece terms and resilience when they have been under attack . 

The horrific events of September 2001 caught everyone by surprise and the sheer horror of that day still rings in my head. The sight of evil in carnage driving death and destruction into the innocent people will never leave me .

Stock markets are highly emotional places and prices are often driven in emotions . The anniversary of September 2001 is a day when the US flag flies high and the USA wants to show all how strong it is and the willingness to fight for life . 

Meir Velenski- Start ups and Getting finance

Well, as I am often approached by many start ups that are looking for finance . Most of the start ups either have no funding or have a little funding left over from round one or round 2  that will last them another 3 - 4 months .

The ideas out there are really great and probably one of them will make it big. The problem is that the two factors involved , the money needed and the time needed are a drain on resources . This demands a lot of patience and a very big time investment .

Is the business viable ?

Assuming that you have identified that the business is a good idea and the "go to market " timetable is acceptable. All well and good , but what about the resources as mentioned that are needed.

Looking at the funding requirement , which is normally well short of target as dates by the CEO this is only part of the assessment . Generally, the CEO states a figure that he thinks is needed. This number is usually about only 50% of what is needed over a 18-24 month period .

The other factors involved such as time and planning for the start up are a lot more expensive then the initial funding .Team expertise is called upon to analyse and assess the business case. All of this is cost , time and manpower .

Team work 

It's obvious that the once an idea comes to the table then it's a matter of sourcing the funding and finding the right match . The start up and the investor have to get the foundations right. That means there has to be a natural chemistry between the parties . More often then not the money maybe available , but the parties just don't see eye to eye. 

Unfortunately, this only comes out at a Peter stage once the details of the deal come out and are discussed and often at the Due Diligence stage . I have seen many deals go to advanced discussions and agreements to breakdown at the final stage . 

More often then not , the Angel investors and the first VC, or incubators have a Major say as they also invested thus making it a 5-6 Party negotiating team.

Since there are more then just the host start up and the investor involved things get complicated .

So how do you succeed 

In overcome the above , which are only a few of the hurdles there has to be a clear recognition by the Start Up that there will need to be a lot of give away at the negotiation table . 

To try and get all the parties to agree often at different share prices will need intense and sensitive handling . This is where you will need a person in effect a very good broker that can handle all parties and get them to see eye to eye .

To leave the new investors and the existing investors to negotiate is possible but can cause a little tension and a breaking of the deal .

This is mainly due to the fact that new investors have not need there at the beginning of the Start up thus there emotional attachment is not there . The gap between the two can be bridged , but again needs a good broker to handle the 2 very different positions .

Summary

There is little summary here as each case needs to be looked at . Probably , lots of great ideas are falling between the gaps , but that's business . We will look back in time to come and say " Wow, I was presented that idea " when it's sold for hundreds of millions !!!!!

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Meir Velenski - TV interview

This video is an interview on those brokers that introduce business to FX firms and banks etc.

It appears that the Introducer Broker IB is getting the short straw.

Meir Velenski

Will the introducer to the banks get a good deal

So a lot is said about the raw deal of the introducer broker .

He seems to get a bad deal .Meir Velenski

Meir Velenski - where does your money go

https://financefeeds.com/offshore-jurisdictions-used-onboard-retail-fx-clients-circumvent-regulations-incisive-debate/

Will the U.K. pound be pounded after the General election.

What will happen in June 9 to the U.K. GBP pound sterling . 

Well if the Tories get in then there will be a strong relief rally, and business as usual.

However, of Labour is to get in which is the most left wing Labour Party in 30 years , then the story will be different . The draconian measures that Jeremy Corbyn has planned will spook the markets.

The FTSE will drop by about 10% over a 6 week period and the pound will also fall against all the major currencies .

Below is an article I wrote for finance feeds today which explains more.

https://financefeeds.com/will-uk-gbp-pound-pounded-election/

Meir Velenski

The pound - elections

Will the U.K. Pound sterling survive the election .

Meir Velenski

UK Terror- Palestinian Terror and Sky news false reporting .

• Sky news when reporting on terror decides when and how to manipulate the facts .Meir Velenski
  

The terrible Terror attack in London and Manchester was reported by Sky news as Terror and in all their reports the Word Terror was used. Innocent people were murdered in cold blood. It's tragic and very very sad . All our hearts go to all those that are injured and wish them a speedy recovery .

News reporting 

Let's take how they deal with Israeli police shooting dead knife wielding terrosits or car ramming . The Israeli police shoot dead the terrorists the British media call it disproportionate!!!!! Yet when the U.K. Or European police shoot dead terroists it's justified !!!

Work that one out ?

Let's look at Terror in Israel 

However , when it comes to Israel , the word Terror is replaced with " armed assailants" "fighters" "claims of a knife attack" " police claim it was a Palestinian car ramming" "suspected attack".

This is to make but a few quotes Why is it when the BBC, ITV and Sky in the U.K. Report in Terror in Israel it's always greyed over, with the word suspected but in Europe and the U.K. It's always clearly Terror fact.

Settlers

The media in the U.K. JustIfies all Terror in Israel by calling it attack on settlers ? What settlers? Tel Aviv , Jerusalem ? Settlers????

Is it possible that the Media tilt the news according to their own personal views. Of course it is, and this is exactly what's happening . The media and let's talk about the UK media is not willing to accept Palestinian murderous Terror as Terror . They see it as well , you can understand their frustration !!!!!!

The British media is warped and needs to take a long look at itself and admit once and for all they do not tell the news they bend it .

Meir Velenski

Labour and the Pound

With the upcoming U.K. Elections next week in the 8 June there is a serious chance that Jeremy Corbyn will become the next U.K. Prime minister .

With that possibility let's look at the effect on the U.K. Economy . Well the first thing that will happen is that the pound sterling will fall about 15-20% as a starter and from there try to find a floor.

After the collapse of the pound then the rating agencies like Moody's and S&P will pile in and downgrade the credit worthiness of the U.K. From AAA probably to A+.

This will mean it will be more expensive for the U.K. to borrow money on the international markets. The borrowing will cost more . All of this is before Jeremy Corbyn spends his billions on give always like healthy, education and wage rises .

Check this out Meir velenski

UK terror - tragedy

What a tragedy . To wake up to the news that 19 innocent people have been murdered and 59 injured by a suspected Terrorist.

All terrorists want to do exactly that I still terror and therefore change your way of life . If this is a Moslem attack at dissent we don't k know then it's another step in the direction of a clash of East V West.

I cannot comment more as I don't know if in fact it is another Moslem attack . However , whether it is or not how will the U.K. And western democracies cope .

In order to fight an enemy you need to identify the enemy and then put a plan in place.

Let's see what happens.

In the meantime our hearts go out to all those families who have been hurt or have lost a loved one.

Meir Velenski

Meir Velenski Speaks about Manchester Terror

Meir Velenski Speaks about the terror attack in Manchester - 23/5/2017.

More About Meir:
Meir Velenski on weebly
Meir Velenski on About.me

Donald Trump in Israel

Here are the Hells Angels in Tel Aviv welcoming the US preseident .

You see the fact that Mr Trump first went to Saudi Arabia shows how he sees the commercial relationship. He knows hay the visit has produced $119bn of trade. This trade was probably agreed some time ago, however it was waiting for him to sign the agreement .

If you notice also the pomp and ceremony that they put in to honour Mr Trump was in contrast to the the non existent ceremony for Mr Barak Obama.

Also if you notice , Mrs Trump did not have to cover her hair. This actually is in contrast to Mrs Obama and Hilary Clinton .

The US president has stated in his opening speech to the Saudis how they need to " drive out" Islamic fundamentalists.

In addition , by the fist Lady not wearing a head covering he has shown that he respects but also who is boss. The Saudis took note and their was no offence taken .

Meir Velenski

Queens birthday - Israel

Here we are in Israel at the UK ambassadors residence celebrating Queen Elizabeth's 2 birthday.

The event was sponsored by Fibonatix Payment solutions who deliver all on line and off line payment solutions . It is a UK and Israel company that works globally . Their systems are second to none and allow all types of online payments , thus allowing the merchant to increase his sales.

It was a lovely evening with many dignatories present from all over the world.

Meir Velenski

How to pick Strawberries

The secret behind great strawberries.

Meir Velenski

How to get money for start ups

It's fine having an idea and developing breakthrough technology . Most start ups have not found the entrance but are already seeking the EXIT

Without good quality input and business sense with strong finance the chance of success is small.Meir Velankin