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It seems like the big seven, the magnificent seven, they're kind of sellin' off just a little bit, right? We have Meta, up moderately at 0.5, we have Tesla down point, excuse me, 2%, Apple down 1.25, NVIDIA off a little bit at 1%, Microsoft down 2. Let's take a look here. Meta is obviously introducing threads. That was one of the consequences I feel like of Elon Musk making some of the Twitter code open source. It's time to compete. I was talking to Tom maybe a while, I don't know, probably around when Elon purchased Twitter and took it private. There's gonna be so many changes made to that platform and there already have been, right? And the further it goes away from what it was originally, the more that creates kind of an environment for someone to come in and fill in the niche that original Twitter was filling in. And I had anticipated this maybe a year later, two year later, but to see Zuckerberg coming in so swiftly and kind of offering threads was pretty interesting. Again, I think there was a massive niche for just a very simple kind of wall of reading text, essentially, people to go out there and just put their opinions out with none of the added bells and whistles and kind of the complicated mess that Musk has made Twitter. And so we'll see if that, once that gets ironed out and I had tried to check it out, I don't have an Instagram or anything so I wasn't able to create a thread's account. But with famed members who have it, I took a look and it's still ways to go on it. But this will be just another source of massive revenue for Meta and more data for them to sell out to marketing firms. When I take a look at Goldman Sachs, you know, speaking about, we can look at Meta, obviously, they, Zuckerberg stopped that whole metaverse move, right? And everyone loved it because it was just a massive waste of money and it wasn't going anywhere. And I feel like what Goldman Sachs is about to do might do the same. Obviously we're trading still at pretty high with Goldman Sachs at 317. But a few months ago, I came out and was talking about how they're gonna back up the Apple credit card. And this was Goldman Sachs trying to get into the consumer banking market. For whatever reason, that's not what they want to do anymore. Their current executives are kind of a little bit under fire for all these different investments that they're making and trying to breach into new territory. And it's just not paying off for them. And I think they're getting a lot of flack for it. So they're trying to basically shift an offload Apple credit card. At least in this article, they're saying American Express. Now there have not been any serious talks whatsoever. This is not a sure kind of thing that they are gonna give it to say American Express, but they definitely are looking to offload it. We can take a look here. The talks come amid a broader retreat by Goldman from its largely failed consumer banking initiatives for which the CEO, David Solomon, has taken a great deal of heat. Last week, CNBC reported the Wall Street giant is preparing to take a huge right down on its 2021 acquisition of fintech lender, Green Sky. The Wall Street Journal first reported the Goldman Sachs talks with American Express. The newspaper said there's no assurance of a deal nor is the agreement close. It would mark an abrupt reversal for the two corporate giants. In October, the Journal reported Goldman and Apple renewed their partnership through 2029 and in April Goldman, Chief Financial Officer Coleman touted a deepening of the partnership. Now there might be a deepening of a partnership and there might be some other way that they kind of operate with Apple. If Apple wants to extend some kind of credit line or do anything like that, but we might see basically a sell-off of kind of their stake in that. And also now is well, looking more at that Apple card and I took some more time to look into it, they can change that rate at any time. It's very appealing rate at 4.5%. And there's a lot of other options that younger folks can get into that give them higher returns. And we'll see kind of how that affects the rest of the banking industry. We'll look at an article a little bit later. It talks about how that's a bit of a headache for some of them. But anyways, just some interesting news and kind of this attempt of legacy companies trying to shift their position for the modern age. So it's quite interesting to see how that goes out. You know, I love talking about cybersecurity on this talk. It's something I'm very interested in and passionate about. We're taking a look at Honeywell and they're gonna purchase in an Israeli cybersecurity firm called ScataFence. And this is a pretty interesting stock too. You know, we always like talking about the defense stocks on here as well. And Honeywell is interesting because not only is it defense, but you have a bunch of other things that kind of go with it as well. That's trading about 207 right now. Nothing that stands out exceptionally to me whatsoever. You know, this is on the year to date. Since June, this is the last day with any kind of significant volume. And you know, we tested that and came back up on it. We can take a little bit of a look and let me say quickly to really reinforce why this is such an important thing and why I harp on it all the time. And I do. And I said this before as well, but you know, last, what was it? Two weeks ago when I was filming for Tom, we were looking at the DOE. They got ransomware, okay? A few weeks earlier, we were talking about how major companies are de-investing from their cybersecurity sector, excuse me, their cybersecurity departments. And then today, we have this coming out, which is data from 11 million patients exposed in an HCA healthcare theft. Personal data of about 11 million patients of HCA Healthcare Incorporated were exposed in an online forum. The largest US hospital operator discovered a list with names, email addresses, phone numbers, birth dates, and information about their appointments. It didn't include clinical records, payment details, passwords, or social security numbers. And you know, that happens very often in data breaches, which companies are not required to expose, by the way. Data breaches at healthcare companies are often considered among the most serious as they may contain a person's most private information and then obviously intimate information as well when you're talking about social security numbers, payment details, and possible family ties and health history. Healthcare companies face growing cybersecurity risks with the accumulation of sensitive personal data and threats of ransomware that sees critical networks and up-end systems crucial to care delivery. And guys, this is done by other governments as well, right? This isn't just gangs online, even though that does happen sometimes. I mean, this is a serious national security threat. We'll talk a little bit about Honeywell acquiring scat offense when we get back. Stay tuned. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more. 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And the more that governments around the world get serious about this, this compliant management capabilities will be massive. It notes in this article, this is from the Wall Street Journal's Pro Cybersecurity, which I recommend checking out. Let's see here, at least, this is from Cybersecurity Company, Dragos. It said the amount of hackers that target the control systems of operational technology increased by 35%, but it also notes that chief information officers use mainly multiple suites from one company, right? And there are so many reasons for that. Obviously, if you're using a bunch of tools that may be out of the general training or understanding, if you're outsourcing cybersecurity, essentially, or you only have a small team, it's far easier to resolve issues that exist in the software that you're using when it's just one company you're buying everything from. And this is what you're seeing Cybersecurity companies do. This is what Honeywell's doing, right? They need more things in what they're offering, so you're just basically purchasing other companies and implementing it and training your guys to teach that. It's extremely important, and it'll only become more important as time goes on. Investors and executives alike say that many chief information security officers now prefer to buy multiple services, obviously, rather than the single products from many. Security chiefs are also challenging their vendors to demonstrate the value of their products more than before. And that's just because it is so high stakes. Everything is going digital. It is not going to roll back. So it'll be interesting to see how this plays out, and I think that Honeywell might be positioned decently for that. Obviously, you wanna look at Cisco as well, and I'll take a look at some more public companies that deal in that. A lot of them are very small private firms, but it's such a lucrative business to get into if you know what you're doing and you're qualified enough. We wanna stay in kind of the tech talk. We have a few things we can talk about. The first one I wanna go into is, again, speaking about this generative AI, what we've been seeing recently with the language models, and kind of the talk that goes around with any new technology, right? And I mentioned this before on it. In the past, you know, with the Industrial Revolution, you did have jobs going away, right? And people entering new industries. But again, these barriers to entry into the new industries were not so high. You know, if you were once a farmer or whatever sheathing wheat, now you went on to the factory line, and of course there is a learning curve, but that can be addressed within about whatever. Let's just say six months or something like that. With AI and generative AI and how good it's getting and how rapid it's, and how rapidly it's improving, I've had the kind of general feeling that it's not gonna be the same way, right? Of course, new jobs will develop out of this. But the question is, is can that keep up with the pace of jobs being lost to AI? And if not, what are we gonna do as a society to try to dampen that kind of impact, right? Well, we saw what happens with losing jobs, to American industry where a ton of people obviously lost their jobs overnight when everything got offshoreed. And that had lasting impacts for our nation that we still deal with today. In the manifestations of that, we still deal with today. This was a poll of the CNBC CFO Council and the CNBC Technology Executive Council. And it showed that C-suite executives have differing views on the labor impact of AI and meaning from the general concept, right? Which is new jobs will be created and this will be okay. And the top CFOs are more likely to see it as a job destroyer than one that creates new jobs. Workers are worried, and this is from the article, workers are worried, but notably the fears are nowhere near the majority of you. Of about one quarter, 24% have concerns that AI will make their job obsolete. Obviously with marginalized workers fearing the most. Inside the C-suite at major corporations where decisions will be made about AI implementation and return on investment, there is a notable split, but one arises to the top and that is top finance executives are more likely to see this as a job destroyer. Almost half, 41%, say that AI will destroy more jobs than it creates, equal percentage say it's too soon to tell. But given the choice of potential futures, just 18% say that they see AI as a job creator. And of course, you know, that's not a complete death knell and they might be incorrect at that, but you know, these are guys at the top and they are at the top, you know, we'd like to think for their ability to kind of forecast and make decisions based on that. I do think that it'll become, you know, more of a discussion as time goes on when we will see in the beginning that jobs are just lost entirely and nothing new is added for quite a while. This discussion is obviously gonna grow greater and that honestly may serve to deepen the schism that exists in our country today, which would be a shame because there is a potential for technological advancements like this to really unite us and kind of move forward out of, you know, whatever we're in prior. Let's take a look at well as well in the tech sector, some issues with chips that we're gonna see. First, you know, we have some problems with Nvidia. Obviously the stock is doing quite well right now. Obviously down from its top at 439, but I don't know if we really expected it to settle above that rate. That was definitely an impressive run. But the semiconductor industry has been on the decline anyways over the, for almost a year. In the video, one of the top ones has seen decreases in the price of their RTX 460 with the car dropping by as much as 6% within just weeks of its launch. That had a tepid reception from a viewers and it's not a fantastic start, this article is saying. This resulted in customers gravitating towards older graphics cards from both AMD and Nvidia themselves and we might see an issue in the future. You know, obviously this kind of decrease in demand for the top will decrease prices, but the problem is, is a lot of the rare earth materials, notably gallium and germanium, might have a supply issue in the future as China is a major producer of it. We in America do have it, I think in Alaska and Tennessee, but not nearly as much as China. I know at least for germanium, China produces something like 60%, or upwards of 60% of it. But as a way to kind of bite back against the Huawei ban and some other things going on regarding chips and their sale in China, China is seeking to restrict the supply of gallium and germanium. There's two materials using computer chips and other products. Now we have a lot of it in America, but I think one of the major issues that we have is it's not, at least for gallium, it's not profitable to mine gallium by itself. It's still very cheap based on a gram or an ounce of it. And so you wouldn't mind it with other things as well. This is notably like zinc, and you know, you can get a profit on that side. Folks, stay tuned, we'll be right back. We'll just talk a little bit briefly about this and kind of what impact it might have. We can theorize on that folks, stay tuned. The gold report. As a precious metal, gold is still king. 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We were talking a little bit about the chip sector and the impact that the kind of restriction that China's imposing on gallium and germanium exports will have, you know, in some sense, this might come to bite them a little bit. They don't have the capabilities to really process these minerals beyond a certain point. So a lot of it gets shipped out to other Asian countries, such as Japan, and from there, it's processed even further and shipped out. There are some issues in the short term on it. The main thing to take away from this is it's meant to hit more than likely the defense sector in the US, right? So you can still apply for kind of licensing to get this kind of stuff, but obviously China has far more control over it. I was right on the germanium being 60% of the world's production of germanium there, and they have 90% of the world's gallium, which is pretty intense. So this new export license regime will start beginning August 1st, and right after it was announced, purchase orders reportedly began swarming into Chinese gallium and germanium producers. The stockpiling has raised the price of these two materials. AXT, an American maker of semiconductor wafers, quickly responded to say, that is China-based subsidiary would apply for an export license to maintain business as usual. Now, this is a key thing to note in this. It says it's important to remember that this is not a ban, but a licensing system, which means the impact will depend on how difficult it is to secure an export license. Obviously, that is, there's a lot to that, right? The party is still controlling who gets what, and where it goes, and that will effectively be used to choke off some things here. The ability to control who can be granted the permits will give China obviously more leverage in trade negotiations. Furthermore, in more chip news, Foxconn dumped the 19.5 billion Vendanta chip plan in a blow to India. This is pretty intense. Taiwan's Foxconn has withdrawn from a 19.5 billion semiconductor joint venture with Indian metals to oil conglomerate Vendanta. As said on Monday, the world's largest contract electronics maker signed a pact with Vendanta last year to set up semiconductor and display production plans in Modi's, which is the PM of India, home state of Gujarat. Foxconn has determined it will not move forward on the joint venture with Vendanta, a Foxconn statement said without elaborating on reasons. You know, and I wonder too, I was reading a little bit last night, how key the country of Malaysia is and a lot of production off-shores. Apparently they have a pretty sizable textile industry and they're big in pharmaceuticals as well. And so as more people try to get out of China, obviously this is a little bit different since it's Taiwan seeking to kind of expand out, but let's just look at the general kind of business that goes on in Asia and a lot of stuff is outsourced or they're doing manufacturing because it's cheaper, you know, so on. But it'll be interesting to see if countries like Malaysia or some of these smaller ones that, you know, don't have a very hostile, you know, relationship with the West and aren't extremely cozied up to China. We'll see if they can go to the top. And that's just kind of me musing on it, but it was super, I just didn't realize how integral Malaysia was, especially to the pharmaceutical industry in America. But you know, I even, most of my clothes now that I wear, you know, I remember far back in the day when I was younger, a lot of stuff would be made in China, but now I see a lot of stuff made in Vietnam. So it's interesting to see how that'll pivot and obviously India has such a sizable population that would benefit from more production and manufacturing kind of the same style that the Chinese did in the 80s. Vedanta said it is fully committed to its semiconductor project and have, quote, lined up other partners to set up India's first foundry. Vedanta has redoubled its efforts to fill Modi's vision. A source familiar with the matter said concerns about incentive approval delays by India's government had contributed to Foxconn's decision to pull out of the venture. That's sad, honestly. New Delhi had also raised several questions on the cost estimates provided to request incentives from the government, the source added. And Modi, again, the PM of India has made chip making a top priority for India's economic strategy in pursuit of a new era in electronics manufacturing and Foxconn's move represents a blow to his ambitions. And here's the thing, again, there's so many people there. If you can get the materials and that's the refining of the necessary rare earth materials is not a limiting factor. Moving this kind of stuff to India that would greatly decrease the price of chips everywhere. And we could see some pretty interesting move forward in consumer products. So, anyways, that kind of sums up at least for me kind of some chip news, some very interesting stuff going on with it. Staying on kind of the metals talk. It's our GDX today, that's up 2.17%. The gold contract is down minor. I mean, it's pretty flat today at 1931. But the GDX is up 2.17% today and all of its weighting is all of the components of that ETF are going up higher as well. I'm trying to look at Newmont. Oh, there we are. So we're up today on that. Let's see, what else do we have on that? Barrett Gold, obviously, we have up 1.19% today. So it's a good day for the GDX. And I was reading this article from the Financial Times and it's the central banks move gold back home after the freeze on Russian assets. There is a video on YouTube that goes into the resource kind of mining that they do in Russia and it is insane. The one in particular where I was watching was about diamonds and they have one of the largest diamond pits in the world, I think the largest. But the same goes for gold and other kind of minerals they do. And it is such a mammoth undertaking and it's done in such a unique way and I'd recommend kind of exploring that a little bit later if you're just into kind of, I guess the provenance of raw materials and how other countries do it. But central banks globally have made record purchases of gold in 2022 into the first quarter of this year as they hunted for safe havens from high inflation and volatile bond prices according to a survey of sovereign investors and China and Turkey together accounted for one fifth of the purchases. Obviously Turkey trying to turn around their horrible economy, at least regarding their money. Concerned by the decision by the US and others to freeze Russian assets, central banks opted to buy physical gold rather than derivatives or exchange traded funds that track the metals price. They also referred to hold it in their own country as global tensions increased. And VESCO survey found that 68% of central banks held part of their gold reserves domestically up from 50% in 2020. In five years that figure is expected to rise to 74% the survey showed. So gold is still king for this baby. You always come back to it. It's not crypto, it's not anything else. It's always gold at the end of the day on this. And in some ways you gotta love it. You gotta love the tradition on that. Up until this year, central banks were willing to buy or sell gold through ETFs and gold swaps. And VESCO's head of official institutions, Rod Ringrow. This year has been much more physical gold and the desire to hold gold in country rather than overseas with other central banks. It's part of the reaction to the freezing, obviously, of the Bank of Russia's reserves. So, yeah, we could talk about that too. How financial institutions buy derivatives instead of the actual thing and how that continually messes them up. That was notably an issue with the guild crisis in the UK where they're buying derivatives, they're holding derivatives on their equivalent of bonds. And that just went really upside down for them. Folks, stay tuned, we'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. 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Distributor for Side Fund Services, LLC. TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den, available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. Over the break, I was looking at this article from Reuters. It's about the challenges that LNG export projects face in the future. And this is talking particularly about the construction job issue that they're having. It starts off with the coming wave of North American liquefied natural gas export projects face staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers. Now, I actually this weekend had a really interesting conversation with an old buddy of mine. I hadn't seen him in a while. And for quite a while now, he's been working at a very large welding company. And this company welds basically chambers that liquefy gas. And I think they do ones for methane in particular, but this goes for the whole industry in general. And I was talking to him about how his job was going. And what he was saying is they are facing again a massive staffing issue in that they need at least four times the amount of people that they have working currently. And this is a very, very large welding firm. And they get tons of contracts even globally, right? He said in order to kind of their backlog by years, right? And in order to get some of these projects underway, they're just kind of hiring people who are certified to weld. And it doesn't necessarily mean if you're certified that you're good at what you're doing. And he was telling me, you know, they have a line basically for all the different components of the chamber for welding. And he's saying a lot of the lines on there are not doing a good enough job and that they completely fail testing. And this sets things, I mean, these will be, you know, something like 13 week projects all the way up to like an entire year, depending on the project itself. And all of that can just go away right at testing, which is what's done at the end, right? Cause you have to test the entire system. You kind of have to have a waterfall method for that waterfall kind of testing method for that. And he said, it's terrible. They're paying a lot of money for it. But what happens is you, they are paying less money for these kind of people who have no experience whatsoever and this just ends up causing more and more issues. He's telling me these crazy stories of key welds that are supposed to be under immense amount of pressure and they're just not tested. And if they are tested, they fail and how they have it there is certain workers will test their own welds. And a lot of these workers don't have integrity in order to be like, this weld doesn't work and they'll do something to pass it off as legitimate. And we're talking about like very, very, you know, these are very complex structures. They go under immense amounts of pressure, immense temperature changes and they need to be welded precisely. And, you know, for him as someone who has, you know, integrity and is educated and does a good job, I'd imagine that's pretty, you know, heartbreaking in a lot of ways. But it's also not a great look for like our country going forward. If our new young generation, you know, can't step up to the plate and know how to do this stuff. And so in the next few years, we might see continual issues with this and the product that's put out, you know, won't be up, you know, to par essentially. It's a very strange issue and one that you kind of see throughout history too, where just, you know, the generation's going forward just for whatever reason lack interest in doing things that keep the society going and it kind of just peters out. And of course, that might be dramatizing, you know, the outcome of that, but what my friend was saying was real and he said it's a major issue. At least according to this article, I said labor has grown as inflationary concern for everyone in the industry. We need to actively forecast and manage labor availability and supply chain like never before in the past. Soaring construction costs in US LNG projects hurt project economics and even led to bankruptcy for one major contractor. And that was said by key leaders in this industry. So we have multiple projects that are underway at the same time and four mega projects with the possibility of a fifth to be announced soon and they require the same type of labor and this will only drive up labor costs, increase schedule risks and create productivity issues. And this is exactly what my guy is saying as well. And really it may result in again, hiring just people who aren't up to the task and so you lower your standard, you know, as a company and therefore as a culture we lower our standard and that creates so many issues. Bachel is developing projects with some 27 MTPA it's type of tank of new capacity including Semper's Port Arthur LNG project and expansion into Chiniere's Energy Corpus Christi plant. At present, Bachel has more than 3000 professionals working on its LNG projects. At peak, the company expects the number to grow close to 20,000 craft professionals. And I wonder, you know, maybe the onus again is on us as other like American citizens to be like we need to push this more for the youth and bringing stuff back like that. I mean, this is no longer like a bad industry to get into, you know, the experienced welders that I know do very well for themselves. I mean, very well for themselves, and more so than a lot of your college guys coming out and, you know, working for the first five years. So anyways, I just thought that was kind of interesting and it was a decent segue or not segue but it kind of vehicle, you know, to discuss some of the issues that we might see as a society going forward if we don't get kind of serious, the younger generation doesn't get kind of serious about what we're doing and kind of our stake that we have in the society and how it's gonna kind of gonna be up to us in the future when the, you know, current generations are kind of gone or retired. So anyways, move over to here. Feds Bar was talking about some new regulations that might need to be for banks, essentially, right? Present for banks. This says here that Feds Bar says nations biggest banks, they need more capital. The officials are expected to propose bigger financial cushions this summer. Federal Reserve's regulatory chief said that he has decided to beef up the financial cushions for larger banks. Moves, he said, would help boost the resilience of the system after a spate of midsize bank failures this year. Events over the past few years, excuse me, a few months have only reinforced the need for humility and skepticism and for an approach that makes banks resilient to both familiar and unanticipated risks. The changes which regulators are expected to propose this summer come after what Bar described as a, quote, holistic review of big bank capital requirements. Under the plan, the largest banks could be required to hold an additional two percentage points of capital or an additional $2 of capital for every $100 of risk-weighted assets. Obviously, capital is the buffer, banks are required to hold to absorb potential losses. The precise amount of additional capital will depend on a firm's business activities, with the biggest increases expected to be reserved for the largest, most complex US mega banks. The plan to ratchet up capital is expected to be the first of several steps to beef up rules for Wall Street. It has already sparked pushback from the industry and its allies on Capitol Hill, who generally say the existing framework is robust and allowed banks to emerge from the pandemic triggered downturn and strong shame. Yeah, and that's interesting, right? Because the issues that went on in the midsize banks, I mean, you know, I suppose that more cash might have helped them in some capacity. I think it did with SVB, but that wasn't really the issue. That was a scheduling problem and the larger banks didn't have an issue with that. But I will say also, you know, can never be too safe, especially with a rapidly changing environment and a new world with new risks that we all have to be prepared for. Folks, stay tuned, we'll be right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. 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If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Welcome back folks. At the end of every show, I like reading a little science article or some kind of news for the day. This one here is pretty interesting. Not a lot of people know, but a lot of pharmaceuticals use precursors that are derived from petroleum or crude oil products. So these scientists actually have made now pain killers from pine trees instead of these products, the crude oil products. So these common pain killers were paracetamol and ibuprofen. Obviously we all are familiar with these. Instead of using precursors from crude oil, they got it from beta piney, which is a component of turpentine, which is a waste byproduct from the paper industry. And folks, if there's one grand lesson you can learn, you know, I mean, we were speaking with the other day about how people are using viruses now to hunt bacteria as antibiotics are not becoming viable anymore. Mother Nature always has an answer. There's always a solution and we can work with her instead of against her. And it's always gonna be a beautiful thing if we can harmonize human desire and the health and the environment together. So they successfully converted beta piney into two everyday pain killers. We already spoke about them. Synthesized a range of other precursor chemicals from turpentine, including 4HAP, which is the precursor of drugs, including beta blockers, which are very widely used now. And asthma inhaler drug salbutamol, as well as others widely used for perfumes and cleaning products. So they hope this more sustainable, quote, bio refinery approach could replace the need for crude oil products in the chemical industry. Dr. Josh Tibbetts, research associate with the university department of chemistry, said, using oils to make pharmaceuticals is unsustainable, not only is it contributing to rising CO2 emissions, but the price fluctuates dramatically as we are greatly dependent on the geopolitical stability of countries with large oil reserves. And it is only gonna get more expensive. Instead of extracting more oil from the ground, we wanna replace this in the future with a bio refinery model. Turpentine-based bio refinery model uses waste chemical byproducts for the paper industry. Folks, it's already trashed, let's use it instead. We can get off of oil dependency, and it might be kinda cool. Thank you so much for joining me, everyone. Tom will be back tomorrow, and he'll be with us for the rest of the week and onward. Have a great rest of your day.