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Health Benefits of Fresh Meat Over Processed Meat

September 26, 2017 by Reporter Leave a Comment

Before we drill down into the benefits of a free range butchers grass fed meat & that which is processed, we need to go over the difference between fresh & processed food. What is the difference between the two? Fresh food provides nutrients for your body such as fibre, vitamins and minerals with low added sugar and fat. Processed food is at the other end being energy dense and high calorie providing energy with little value to your body.

Fresh, whole food would be considered, ideally, as a food with only one ingredient. Think fresh fruit, vegetables & grass fed meat like beef from an organic butchers. These foods will assist you in maintaining a healthy lifestyle by consuming all your recommended nutritional intake. A processed food is any food with more than one ingredient, and food companies typically add additional sugars, preservatives, dyes and “bad” fats such as saturated and trans fats. When it comes to meat processed includes things like chicken fingers, fish sticks, canned meat & deli products.

Read on to understand more about the benefits of eating fresh grass fed meat from a free range butchers as opposed to processed meat from the supermarkets frozen section.

Why Processed Meat is Bad for You?

Although not completely proven, it is believed that people who eat processed meat are generally on the unhealthy side of the spectrum. All the of the added chemicals & processing that strips of all the nutrients makes it harder for those people to get their recommended intake. The evidence that is there is convincing because the links are consistent across the board.

Studies in certain animals have also added credibility to this claim. For example, studies in rats have shown how consuming processed meat can increase the risk of bowel cancer. The clear takeaway is that processed meat contains harmful chemical compounds. Chemical compounds we would be better off not consuming.

Benefits of Fresh Meat

Grass fed meat, like that from a free range butcher are a great source of Omega-3 fatty acids. These are essential to a healthy heart and help with brain function. There is also evidence that these acids can slow the growth of a number of cancers.

The organic grass fed meat from free range animals are also a source of CLAs (conjugated linoleic acids). This is another critical nutrient for preventing, and even fighting cancer. In fact, grass fed meats and dairy products are shown to be 3-5 times higher in these acids than conventional meat and dairy.

Another plus is that grass fed meats contain a lot more Vitamin E. Vitamin E is a very important vitamin that helps with hormone regulation and supports heart, respiratory, brain, prostate and breast health.

Processed meat contains things that are not naturally present in fresh meat. Nasty chemicals, additives and preservatives. Many things that are harmful to health. For this reason, eating a lot of processed meat over fresh grass fed meat may increase the risk of chronic disease & cancer. Choose fresh meat and enjoy a healthier lifestyle.

At the end of the day, you should limit your intake of processed foods and base your diet on fresh whole foods. For all your grass fed meats head to a free range butchers like https://canningsfreerangebutchers.com.au/ & enjoy all the health benefits associated with organic butchers and their fresh food & grass fed meat.

Find Out Why Dealing In Scrap Cars Can Earn You Real Money And A Bright Future

September 21, 2017 by Reporter Leave a Comment

Do you consider yourself as an aspiring entrepreneur?

Do you wish to invest your sweat and money in a world-changing business idea?

Then scrap cars can be your deal!

Scrap cars are not necessarily 100% damaged cars. Period!

Scrap cars are damaged cars which the owners do not wish to own it anymore. Hence, scraps. There are over 1 Billion vehicles around the world, but only a few scrap car businesses because it is capital intensive and moreover, no one really understands what to do with scraps to make some real money.

What you can offer that no one else can?

This is a question that you need to ask before you even think of entering the scrap car removal business. Please do not think of giving sellers the option of car removal for cash or preferably more cash than your competitors because that model has long been tried and has only resulted in failed or heavily loaned businesses.

You need to find that one thing which can help you recycle and resell the purchased cars efficiently.

Selling the car part by part?

Remodelling it completely to sell it off?

Modifying it for the Collectors?

Keeping it long term to sell to the vintage fanatics?

Doing something environment friendly with the scraps to avoid tons of metal being dumped?

These are not the only solutions, but a hundred more can be formulated with the right mind and team members. The possibility is endless because the number of cars do not seem to reduce, rather increase exponentially in the near future; proving that the industry is growing and investing in the initial stage can result in some sweet results in the future.

Steps towards Success

In order to run a profitable car scrap removal business in the long run, you need to focus more on the services that you can offer and charge your customers on them, such as:

● Allowing your customers to call you for a pickup and drop of their car from anywhere they want.

● Selling (auctioning) individual parts of the car to Collectors.

● Safekeeping the car and remodelling it can help you charge some extra bucks for the storage as well.

The fact that you do not have to keep your products in perfect condition makes the whole proposition a little more interesting because you cannot damage a scrap car anymore than it usually is (mostly).

You need to have a digital presence for your potential customers to reach you at the click of a button, plus the digital aspect will act as a platform on which you can display different kinds of products that you might be selling. The scrap car business requires you to build a network in different areas of the world because it usually is first-come-first-serve and the collectors do not wait when they see a genuine piece.

Start Now to Make Profits in Future

This kind of business can also be profitable in smaller regions because where there are people, there is a large number of cars. Scrap car removal in Newcastle, Scrap metal in York or scrap car body parts in Manchester etcetera is not just common, but also growing rapidly.

These kinds of businesses require immense hard work and capital in its initial stage, which makes it difficult for every entrepreneur to invest in it. But if you can make real money from scraps, then you can be the best entrepreneur in the world.

The road to success isn’t smooth and a few bumps will only make you shine brighter- Dhoundhu

Things to Consider Before You Switch to Hosted PBX

September 5, 2017 by Reporter Leave a Comment

Are you one of the businesses that is considering a move to a hosted PBX phone system, but are not sure if it is a smart decision? You know that you are not happy with your current outdated system and you see competitors using hosted PBX systems to add a number of really cool benefits that help them be more efficient and effective. But with every change, there are plusses and minuses to consider. So you would like to know: Is it a smart move to get a hosted PBX phone system now? Here are some important things to consider:

The Size of Your Company:

Generally speaking, Hosted PBX phone systems provide the most advantages for small businesses with 12 employees or less. If your employees are spread over several locations, this will put less strain on the overall system and more employees can be accommodated.

Bandwidth Costs: In terms of cost of the phones and flexibility, hosted PBX cannot be beat, but you need to also consider additional bandwidth costs that will become costly as you begin to add more people on the system. This will cause a spike in your bandwidth costs and you need to calculate how much this will add to your bills every month.

Call Quality: Another consideration is call quality. Today most company’s employees are on the internet all the time. There is information going in both directions and this is taxing on the connection. Calls through a hosted PBX phone system are routed through the Internet and as with all such connections are affected by unknowns in the cloud. These events can lead to issues like latency that affect call quality or worse events that in-effect cause outages due to loss of signal or call routing. Although generally short lived in duration, these issues can and do occur. You obviously need to have a consistent amount of bandwidth in order to get great and consistent call quality. Depending on the Internet speed available to your business this may be a problem.

The Cost of Set-up:

Router and Lines: When you decide to purchase a hosted PBX system, technicians will visit your office to test your connections to ensure you have enough power and data speed to support the system. If you do not, you’ll have to first upgrade your power and high-speed internet connection. Once this is done, you will have to purchase and have installed routers and equipment in order to make the system function properly. Therefore you will incur set-up costs that depending on the size of your company can run into the thousands.

Handsets: Hosted PBX requires that you purchase IP phones for the system. These phones vary in price from a low end feature phone costing about $100.00 to higher-end full featured phones costing up to $300.00 each. Each phone has a built in Ethernet port where the PC can then be plugged in. It is better though to have each phone connected to its own switch or router port for more throughput and better consistency and you will be able to separate voice and data.

As with any purchase for your business you need to do your homework and research the different types of packages that hosted PBX providers offer. There are some packages that take into account multiple business locations, others that take into account fast growth, and some that have plans to compensate for areas that will likely experience Internet outages. Be clear about the specific needs of your business so you can decide which package serves your company best.

Hosted PBX provider like Cloud Telecom provides free handsets on the monthly packages above $20 AUD . Visit our website https://www.cloudtelecom.com.au to check out our competitive hosted pbx pricing or call 1800 358 339 for more information.

10 Expenses You Can Claim as a Uber Car Driver

September 5, 2017 by Reporter Leave a Comment

As a Uber driver, it’s the time of the year when taxes are in the forefront. As a rideshare driver, one is bracketed in the realm of an independent contractor, who is now responsible for their own taxes. You would receive the 1099 form from the contractors but filing taxes can be frustrating at times.

As a current Uber driver, there are a number of tax deductions that every Uber driver is qualified for. They can claim deductions based on business related expenses and use of mileage rates. One can use mileage deduction when doing taxes or even opt to itemize expenses including fuel, insurance, maintenance, and the like, but one cannot qualify for both.

One just has to worry about mileage accumulated when conducting business when opting for mileage deductions, which is 57.5 cents/mile for miles driven during business. If you opt for the latter approach, the following is list of expenses used for claiming tax deductions

List of Expenses for Claiming Tax Deductions

· Uber Fee

Uber fees are pretty much straightforward especially with respect to parking fees when on a business ride. One can also include garage fees and meter fees under this criteria.

· Uber Supply

You can deduct things you buy for the rideshare business even if they are not vehicle-related, but related to business purposes, including drinks/ snacks for “passengers”. Some other things that are “necessary and ordinary” can be counted under this header.

· Fuel expenses

You can deduct fuel expenses with the help of receipts, especially if one is audited by the IRS. You can use tax deduction on fuel costs as long as it is part of Uber business. All route expenses when meeting with potential Uber drivers for signing up can be deducted under fuel costs as well.

· Registration & Insurance

Keep the registration and insurance receipts along with bank records related to servicing, repairs, tires, and even maintenance costs. They can be claimed.

· Repair & Maintenance

One can deduct some maintenance and repair costs as part of business matter but not entirely as it can be used for personal purposes too. You can deduct costs related to the tires, oil changes, replacement of brake pads, and anything related to car maintenance that is crucial for ride share business.

· Mobile & Internet Expenses

The cost of smartphones for Uber rides is tax deductible along with phone payments for the time one used it for business use. As rideshare drivers, smartphones are used for business purposes, and hence some cell phone bills can be claimed. You also need to attach expenses related to the internet charges since the route affirmation and ride costs are calculated automatically when connected to the web.

· Protective items

Any hi-visibility clothing or sunglasses that you wear during rides can be mentioned in protective safety gear for riders. Although you can only mention the percentage of use involved in these rides

· Car Depreciation

If you buy the car used for Uber, you can deduct the cost of your car over a 5-year period with the help of depreciation. The depreciation expenses can be spread throughout the 5-year period.

· Car Hire Fees

If you hire a car, you need to deduct the proportion of car lease payment especially when the car is being used for Uber

· Other relevant expenses

One can mention relevant expenses as required based on car maintenance that can be used as a tax deduction for car expenses.

Conclusion

As Uber driver, one can save money while filing tax returns by being alert about the payments and expenses throughout the year, and by keeping a systematic record of the same.

Disclaimer:

This Guest post is brought to you by Mike Watson. For more information on the Tax return and other financial services visit Universal Taxation Service.

What Do You Know About the History of Australian Gold Coins

August 31, 2017 by Reporter Leave a Comment

If you’ve been born and raised in Australia, you would be familiar with the tales of the infamous gold rushes and the “diggers” who worked in these gold fields.

The Australian gold rush began in the nineteenth century. It is something that has become an integral part of the national history. A walk through the pages of the Australian culture and heritage would be incomplete without the chapters on gold.

So, who discovered gold in Australia? Where was it found? And how did we get the Australian gold coins?

When you’re out buying Australian gold coins, seldom does it happen that you make an effort to find out the history behind them. Thankfully for you, we are outlining the entire timeline right here for you!

The Gold Rush

It all began during the early nineteenth century. The colonial settlers had begun settling into the country and with them came the development that laid the foundation for the modernised nation that we are today. The immigrants that came to Australia included shepherds, European pioneers, and explorers.

It was between the 1820 and 1841 that these foreign settlers found gold reserves in the Blue Mountains and the quartz reefs of Australia. However, it was not until Edward Hargraves located gold near Bathurst in New South Wales in 1851 and made a public announcement about that, that all hell broke loose.

There were several other gold discoveries made during the same year and migrants started pouring into the country to get their hands on the gold. The influx of enthusiastic miners was so strong that the colonial authorities had to impose taxes.

The First Gold Coins

What followed was a revolt and the Battle of Eureka Stockade, which once ended, led to the production of Australia’s first ever gold coin. In the year 1854, Sydney became home to the first gold mint in Australia. It was a branch of the Royal Mint – the first one outside of England – opened to produce the very first sovereign coins crafted out of Australian gold.

It’s indeed safe to say that it was the British who introduced the concept of independent gold coins down under.

More Mints More Gold

From there on, Australia never looked back. There were several remarkable discoveries of gold reserves in the country, like the ones at Coolgardie and near Kalgoorlie over the next four decades. In 1872, the Royal Mint opened its second branch in Australia – this time in Melbourne. In 1899, Premier Sir John Forrest succeeded in gaining permission for a third branch of Royal Mint in Perth. By 1957, the Perth Mint had effectively begun refining gold up to 999.999 level of purity as per the standards of the Worshipful Company of Goldsmiths – which soon became a benchmark for all gold sold under the Royal Mint seal.

The Official Australian Bullion

In 1976, the Australian Commonwealth removed all restrictions on Australian residents over the buying and selling of gold. It wasn’t until 1985 that the Commonwealth rallied for a sovereign gold bullion coin program to encourage the trade of Australian gold in world markets. The program was eventually launched in 1987.

In case you’re wondering when the iconic Kangaroo design theme was introduced to these gold bullions – it was in the year 1989!

How to choose the right property builder

August 30, 2017 by Reporter Leave a Comment

Building your dream home is not that fancy and dreamy in reality as you may have thought it to be. Building a home is a highly responsible job which has to be done with discretion and concentration, and for such a task, you will only need sincere professionals on the job.

There must be various questions in your mind regarding how to choose the right builder for your project and how to entrust a stranger with the responsibility of making your dream come to life.

You might have heard about builder warranty insurance and also that it can be a useful tool. In context to hiring a property builder, here are a few tips that can be helpful in making a wise decision.

Experienced person- Experience matters! There is no rocket science in the fact that an experienced builder will be able to understand your requirements in the first shot and will also be able to implement all relevant steps required to complete the project efficiently.
Opt for companies or builders who have good experience in the field. Also, take a thorough look at their previous projects to know about the types of houses they have built and what they are good at.

Understands your preference- You will not change the style of house you were willing to live in just because your builder does not excel in that style.
Your design should not be influenced by the builder, in fact, your builder should be influenced by the design. When you set up the first meeting with the builder, explain to him what is in your mind and what is your vision and then judge whether the builder can give you desired results or not.
You will not want to live in something that doesn’t interest you so be very peculiar in this respect.

Involvement in the industry- A builder who is well known and well connected to the industry could make a perfect fit for you. Not that we are only looking for builders who are connected to some builder’s association, but the only motive behind finding such a builder is to ensure that he is aware of the latest trends of the housing industry.
Such a builder will be well versed with the latest designs and techniques to give you the best work. When a builder is associated with such a firm, he is aware of how to complete a long term commitment, and this will allow him to be at his best while working for you.

See the past works- You need a builder who will provide you quality work and the best way to be sure of his quality is by checking out his previous works.
Hiring new builders can be very risky because you will never know how they can work, and an established builder, on the other hand, will provide you with various examples of his work and quality.
You can ask your builder to give you a tour of his previous completed works to get a better idea of what he can do for you. Be attentive to the construction, quality and all minor and major details of the house.

Along with the builder, you must be peculiar about the builder’s team as well. His team members are the people who will be constructing your home, your dream.

The builder you hire should be able to deliver the work before the deadline with all major and minor touch ups. Building a home is never an easy task, but with the right mind and the right help, all the work can be done on time and with expertise.

Things To Do At 7 Capital Cities In Australia

August 20, 2017 by Reporter Leave a Comment

There’s a reason why Australia is at the top of the list for most vacationers around the world. Its bustling beaches, lush jungles and luscious rainforests packed to the brim with every kind of exotic greenery you can come up with.

Without doubt, Australia is where you should be spending some quality time with your spouse or better half. We advise the reader to spend their hard-earned frequent flyer points and catch a free ride, or better yet spend free time in luxurious hotels in Australia. To get started, this is the best place for you to redeem your virgin points.

Australia is behemoth of a continent; therefore, we prepared a list of capital cities that you should be visiting and places of interest that you should definitely be keeping on the top of your to-do list.

1. Adelaide
While the city itself is laced with world class art rooms, hidden bars and restaurants, what you should be watching out for is the Kangaroo Island, Australia’s most popular destination to explore wildlife, witness the fur seals, echidnas and beautiful koalas in their natural habitats. You can get to the island by hitching a ferry ride.

2. Canberra
If you’re a food enthusiast, then Canberra must definitely be given a mandatory visit, dine in at popular restaurants such as Aubergine, Capitol Barr and Monster Kitchen and Bar. Or simply marvel at the miniature trees – also known as bonsai – in the National Bonsai and Penjing Collection. Visit the iconic Nishi Gallery located inside Nishi Building where artists from all walks of life showcase their creativity.

3. Darwin
Located in Darwin’s busiest business district is the Mindal Beach which attracts thousands of tourists year round – it is a common sight to spot visitors eating at one of the dozens of food stalls located in Mindal Market while watching the Sun setting down casting an orange hue onto the sparkling sea.

4. Brisbane
The most populous city of Australia is also home to one of the most important landmarks of the country. For example, the City Botanic Gardens—which houses the Bamboo Grove – is home to a collection of some 23 bamboo species, where innumerable bamboo sprouts tower over the entire landscape, and the sun illuminates a magnificent aura to the bamboo peaks, lending a luscious contrast between green and orange.

5. Melbourne
The best place by far to spot penguins in their natural habitat is Phillip Island; located south-east of Melbourne. It is packed to the brim with pristine beaches where you can set up camp and watch exotic animals unperturbed by visitors gawking at them. Don’t forget to pay a visit to Cape Woolamai to catch a glimpse of numerous pink granite forms in Westernport Bay.

6. Sydney

While Sydney is home to hundreds of attractive tourist locations, we can’t help but point you towards the most photographed swimming pool in the world at the Bondi Icebergs club. You can also become a member of the oldest winter swimming pool in Australia, something that you can brag about to your friends.

7. Hobart

No trip to Australia is complete without paying a visit Mount Wellington, the place is also easier to reach by vehicle, there’s a range of activities to partake in, from mountain bike riding to sightseeing from a plethora of vantage points scattered around the mountain.

6 Technical Tips For Planning the Implementation of a New ERP System

August 20, 2017 by Reporter Leave a Comment

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If you’ve made the decision to utilize an enterprise resource planning (ERP) system in your workplace, than you already know that it will fundamentally change the way your business works. You know that by having an ERP system, you will be able to streamline processes and gain valuable insights into how your business works and how it can work even better.

However, before you can start reaping the many benefits of your ERP system, and associated ERP solutions, you first need to pass a major hurdle — implementation.

Implementing new systems and processes in any workplace is no easy task and requires careful planning for both the short and long term. When organisations fail to plan implementations properly, it can delay or even completely derail the project, resulting in wasted time, money and resources.

If you want to ensure that your ERP implementation stays on track, keep the following tips in mind.

Set a realistic timeline

Too often, businesses will start off the project with an unrealistic timeline for rollout. Business software isn’t something you can just pick up and run with. It requires extensive training and buy in from everyone who will be using it.

Be as realistic as possible with your project scope and set aside ample time for training, taking into consideration that people learn in different ways and that separate trainings may be required for various business units.

Make sure your vendor ticks all the boxes

Choosing the right vendor is the first step to ensuring your implementation goes smoothly. A vendor that is knowledgeable about their product and understanding your requirements will be able to guide you and make helpful recommendations.

A vendor that has been in business awhile can also be an asset for you leading up to implementation. They know what it takes to make an ERP implementation successful and they can help you to set realistic goals.

Show support from the top

As with any change management project, you will want to make a show of support from top management. Management should be trained on how to use the ERP system, as well as have an understanding of how those working under them will be using the system.

Assign someone to manage the project

While you will most likely have a project manager from your vendor helping to guide you through the whole ERP project, you should also have a dedicated person from your business that manages things from your end.

This person will be the go to for communication with the vendor, organising requirements and training. They should also be supported by additional staff members as needed.

Set aside time for training

One of the most important parts of implementation is training.

In order to successfully use the system, staff must be comfortable with it. Employees at every level, from the executive offices to the warehouse floor, need to understand why the ERP system is important and how to use it in order to do their job.

Outline what will change

As an ERP system will streamline business processes and change the way that your employees do their job, it is important that as part of training you also outline how everyday tasks will change.

While the ERP system will make your employees more productive and efficient, there will be a learning curve as they adjust to going about their day differently.

As long as you carefully plan your implementation process, your ERP rollout is sure to be a resounding success.

The Lost Art of Meetings and Why They Are More Important than Ever

August 1, 2017 by Reporter Leave a Comment

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With all the smartphones, laptops, tablets, and other mobile devices in our pockets and on our desks, it’s difficult to imagine the world without instant communication. Yet, it really wasn’t so long ago that this was a reality; a time when face to face meetings reigned supreme and success in business was all about networking.

It could be argued that we’ve lost some of that ability to schmooze and charm because the majority of modern meetings are conducted over the telephone. Or, they’re plugged in and hooked up to video conferencing tools like Skype and FaceTime. The question is, was it something worth holding on to?

Keep reading to learn about the art of the face to face meeting and why it’s still important in our face paced digital world.

Stimulate with New Environments

Studies show that the human brain works faster and harder when it is exposed to a new environment. This is, essentially, like warming up your muscles before a workout. Providing novel stimuli is a great way to activate the mind so that it’s ready to learn.

You can’t do this over the phone or via a video conference. You need to get employees, clients, and investors out of their seats and into your world; into a motivating, inspiring environment of your choosing. Visit www.servcorp.com.au/en/meeting-rooms for some great location ideas.

Pass On Valuable Emotions

Similarly, behavioural scientists are keen to point out that strong emotions are contagious. So, if you are a talented speaker or you have great orators in your team, take advantage of these skills. The truth is that people in groups naturally share and mimic emotions.

It’s hard to be lethargic and uninspired if you’re surrounded by people with a great work ethic and lots of energy. Face to face meetings are a powerful way to accelerate this process and make sure that employees and investors are getting caught up in your plans and ideas.

No More Distractions

It doesn’t matter whether you’re a secretary, senior executive, or data processor; we’re all inclined to bend the rules when nobody can see us. This is especially true in the age of conference calls and video streaming. People are much more likely to multitask.

So, if you want to make sure that your agenda is the top priority, a face to face meeting is the best option. It adds weight, significance, and gravitas to the occasion. After all, anybody would pay more attention to a meeting that they have to spend time preparing for and travelling to.

Make Lasting Connections

For entrepreneurs and startup teams, foregoing face-to-face meetings altogether can be a big risk. While you could argue that bigger, more established companies don’t miss out on much, companies which are new to the market need to make memorable first impressions.

This is very hard to do over a Skype or FaceTime call. Even if you chat with an investor and they really love your ideas, you’ll be competing with the dozens of other entrepreneurs who made the time to interact in person. Be memorable, be present, and be unforgettable.

How to Find the Best Meeting Spaces in Australia

Twenty years ago, you might have found it hard to rent a meeting space or boardroom with flexible terms. In many cases, these facilities were either included as part of office packages or rented out for months at a time. Now, things have changed a little, and there are plenty of ways to access ‘pay as you go’ resources.

One of the best is working with a virtual or coworking provider. These vendors rent out shared office space on a ‘pay as you use’ basis, so you’re not obliged to rent an entire suite to make use of the meeting facilities. Nor do you have to book out the rooms months in advance. For a small fee, you can access a range of shared environments and hire boardrooms whenever you need them.

Possible bearish reversal in silver as resistance cluster ahead

June 19, 2017 by Reporter Leave a Comment

After the long bearish ride in the silver, the initial bottom is formed near the critical support level at 16.09.The professional silver trader made a decent profit by riding the long bearish rally in the market. The global market has been facing an extreme level of uncertainty in the recent days and trading CFD has become extremely difficult as the investors don’t have any clear clue regarding the next movement of the mighty U.S dollar. The U.S dollar index has fallen sharply in the ground after Mr. Trump failed to keep his promise regarding fiscal spending and tax cut policy.

Technical analysis of silver in the 4 hour time frame

Figure: Silver heading towards the 17.35 level in the 4 hour time frame

From the above figure you can clearly see that the price has bottomed near 16.09 mark and after that, it has started its correction. The price has nicely retraced back above the 38.2 percent Fibonacci retracement level and now currently heading towards the 50 percent retracement level. The professional traders have been trading CFD with an extreme level of caution nowadays since the price of a commodity is now showing wild momentum in the market very often. However, the investors are not staying on the sideline rather they are making the best possible trade in the volatile market.

U.S economic conditions: The performance of the U.S economy is not that great in recent days as most of the leading investors are in doubt regarding the next movement of the green bucks. The green bucks have lost most of its bullish strength in the global market after Mr. Trump failed to keep his promise regarding the increase of fiscal spending and tax cut policy. According to the leading economist, the green bucks might face an extreme level of bearish pressure in the upcoming days as Mr. Trump administration has done very little for the welfare of the U.S economy and made trading CFD extremely difficult. The U.S dollar index which is the overall value of the green buck’s strength in the global market has dropped from its 14 years high in the global market and allowed the price of silver to rally higher. Despite such weak performance from the U.S economy, the optimistic dollar bulls are still in hope that the green bucks will be back again to its former glory upon the interest rate hike decision made by FED chairperson Janet Yellen.

Expectations in market movements: Though the price of silver is rallying higher with a strong bullish momentum in the global market most of the leading investors are thinking that the price will ultimately cap down by the 50 percent Fibonacci retracement level drawn on the daily chart. Moreover, the price has started showing exhaustion candle in the daily time frame which is a very clear indication that the bulls are running out of steam in the global market. Though the overall sentiment for the price of silver remains extremely bearish at the current moment a clear break of the 61.8 percent Fibonacci retracement level will confirm the initial bottom formation in the long term bearish trend in the market. To be precise this will inaugurate the fresh bullish trend in the price of silver which will ultimately dominate the market for at least couple of weeks.

Summary: The price of silver is now trading near a critical zone and the professional traders are cautiously waiting to short the silver to trade in favor of the long-term trend in the market. Though the market is exhibiting a tempting short opportunity the traders should be extremely careful since it might even start a fresh bullish trend in the upcoming weeks. So make sure when you execute the trades in the market you follow proper risk management factors to save your trading capital.