{"id":16517,"date":"2020-07-17T07:22:24","date_gmt":"2020-07-17T05:22:24","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=16517\/"},"modified":"2020-07-17T07:22:24","modified_gmt":"2020-07-17T05:22:24","slug":"social-networks-are-enemies-of-the-state","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/social-networks-are-enemies-of-the-state\/","title":{"rendered":"Social networks are enemies of the state?"},"content":{"rendered":"<table cellspacing=\"0\" cellpadding=\"4\">\n<tbody>\n<tr>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">Gold<\/span>\u00a0 \u00a01798,545<br \/>\n(<span style=\"color: #008000;\">+0,10%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">EURUSD<\/span>\u00a0 \u00a01,1386<br \/>\n(<span style=\"color: #008000;\"> +0,06%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DJIA<\/span>\u00a0 26595,50<br \/>\n(<span style=\"color: #008000;\">+0,14%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">OIL.WTI<\/span>\u00a0 40,86<br \/>\n(<span style=\"color: #008000;\">+0,42%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DAX<\/span>\u00a0 \u00a012904,74<br \/>\n(<span style=\"color: #008000;\">+0,01%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">What happened with the Twitter account hacking is like a joke. The scammers made about $150,000 and the public is angry about the bitcoin. Cryptocurrency is evil, because hackers got BTC on their account. So what&#8217;s the joke?<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nGold<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16518 aligncenter\" src=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2020\/07\/Gold-2.png\" alt=\"Gold\" width=\"600\" height=\"243\" \/><\/p>\n<p align=\"justify\">The joke is that by hacking into Twitter accounts of major politicians and businessmen, hackers can make hundreds of times more money. Like releasing information that Tesla&#8217;s company is declaring itself bankrupt. Including Ilon Mask&#8217;s account. A 10%-20% drop in Tesla shares (on news) could bring millions of dollars to option sellers.<br \/>\nBut it&#8217;s nothing at all. Let&#8217;s imagine if these Twitter accounts were to speak out on some political topic. For example, that Hong Kong is separating itself from China. They&#8217;d be worth billions of dollars by now.<br \/>\nSo making money is the last thing hackers were interested in. At least, there were two goals: to compromise Twitter and cryptos.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nIndices<br \/>\n<\/strong><\/p>\n<p align=\"justify\">The stock markets responded to the situation above with a predicted decline. And then on the Euronews channel it was directly stated that the second wave of coronavirus came to Europe. The wave that was expected only in autumn, not in the middle of summer. What happens next?<br \/>\nOne thing is very likely to happen. Even if very bad news continues to come out, the stock market will not collapse until the spring low. Investors saw what a big bounce was. And no one else will want to sell shares at lows to see them 10-20% higher in a month.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nGold<br \/>\n<\/strong><\/p>\n<p align=\"justify\">On Thursday, yellow metal quotes fell below $ 1800 again. On the chart above you can see an interesting candlestick formation. A new narrow corridor begins to form. It has 7 candlesticks so far. But nothing prevents this corridor, potentially, will last for another month. That&#8217;s what we&#8217;ve been seeing for the last year and a half. The gold stands in the corridor, followed by a leap upstairs and a new corridor.<br \/>\nThe trend is getting stronger and stronger. There are practically no kickbacks over the previous highs. What do you think the analysts started talking about against this background? The discussion of the price of $3000 per troy ounce is yesterday&#8217;s day. Some analysts say that in the next 2 years gold will grow up to $4000 per troy ounce.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nWhat&#8217;s waiting for us today?<\/strong><\/p>\n<p align=\"justify\">10:30 Speech by ECB representatives<br \/>\n11:00 Eurozone Consumer Price Index June<br \/>\n14:30 Started house construction in the United States in June<br \/>\n16:00 US Michigan University Consumer Confidence Index July<\/p>\n<hr \/>\n<p style=\"text-align: center;\" align=\"justify\">Important Notes on This Publication:<small> <\/small><\/p>\n<p align=\"justify\"><small>The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold\u00a0 \u00a01798,545 (+0,10%) EURUSD\u00a0 \u00a01,1386 ( +0,06%) DJIA\u00a0 26595,50 (+0,14%) OIL.WTI\u00a0 40,86 (+0,42%) DAX\u00a0 \u00a012904,74 (+0,01%) What happened with the Twitter account hacking is like a joke. The scammers made&#8230;<\/p>\n","protected":false},"author":37,"featured_media":13158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-16517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Social networks are enemies of the state? | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"What happened with the Twitter account hacking is like a joke.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/social-networks-are-enemies-of-the-state\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Social networks are enemies of the state? 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