“Ipsa scientia potestas est” said one great thinker, which translated, meant in knowledge itself is power. In today’s global quest for power, everyone is looking into the sky for the answer. And no, it’s not blue sky thinking, but satellites.
While we have the one Hubble looking out into the universe, we have hundreds more pointing back at us. These earth-facing satellites tells us stories of ourselves that we could otherwise not know. Here are ways these eyes in the sky impact human lives and investments.
Estimating global oil inventories
Oil inventory is one application of satellites. Ursa Space Systems can estimate oil inventory globally using proprietary algorithm and space images. This is important as official state figures are deliberately inaccurate. This is for national security reasons.
Hence, it helps investors to know what exactly is in storage. Low storage means high demand. Inversely, high storage means oversupply and potential price drop.
Forests and woods
The rate of deforestation is another area of interest. Imazon provides government with imagery showing the rate of deforestation of the Amazon. This helps policy makers to understand the severity and rate of deforestation. Investors can use this information to assess the risks of policies against their portfolio.
Farms and Crops
On the flip side of deforestation is agricultural data. TellusLab Inc specializes in rationalizing satellite data to understand and estimate crop yields. This started with soy and wheat has expanded into palm oil, coffee and cocoa. These data helps commodity investors to hedge against a particular crop and country.
Surveying oil fields
Iceye is a unique satellite system helping oil producers unlock trapped oil and gas reserves in cold environment. This system can pinpoint where the permafrost is melting and releasing trapped natural gas. This takes away all the guesswork of Artic oil and gas exploration. This level of certainty gives investors confidence in their related portfolio.
Global fishing activities
Fishing is one area satellites help both private sector and public sector. NGOs like Global Fishing Watch use satellite data to map vessels, location and rate of fishing. Vessels that fish in non-fishing zones are reported to the authorities for swift action.
In general, this data helps investors to predict the trends in fishing supply and demands. Where there is over-fishing, prices will drop. After some time, the inevitable correction will kick-in for a strong buy.
Time to fishing for the right stocks then!
Urban Development with satellite guidance
Urban development has high impact on human lives. A poor design could lead to high loss of lives. However, if done well, it could make a city into a powerhouse. Using images from NASA’s Landsat and the European Space Agency’s Sentinel-1 satellite programs, World Bank researchers track expansion of urban cities. It helps town planners to understand potential risks.
It also helps economists and policy makers understand the impact of urban expansion. So, when disaster strikes, investors can assess the impact on their investments.
Satellites on a budget
SpaceKnow offers a DIY spatial analytics platform approach to use of satellites. It can track number of cars in a parking up to shipping vessels and shipping lines. Any investors inclined in specific companies or industries can order custom reports.
This is the sort of powerful tools investors can play with today. It’s like having your own satellite without the hassle.
Besides helping investors make sound decisions, satellite also help governments and NGOs. They use the power of satellites to observe climate change and biohazards such as virus spreads. Even pilots use tools like EarthCast to predict actual turbulence during their flights.
The next time you look up the skies, smile. You don’t know who’s looking back at you.
3 Gold Mining Stocks To Buy Today 📲
In times of economic uncertainty, gold has long been a reliable investment option for those looking to hedge against inflation and volatility.
If you’re looking to invest in the production of gold, as well as gold itself, here are three stocks you can buy inside the NYCE app today.
1. Barrick Gold Corporation (GOLD)
Barrick Gold Corporation is one of the largest gold mining companies in the world with operations in North America, South America, Africa, and Australia.
Performance: Barrick Gold Corporation has experienced steady growth in the past decade, with its stock price increasing by 31% from 2010 to 2020.
Known for: Barrick Gold Corporation is a leader in responsible mining practices, and is committed to environmental sustainability and social responsibility.
NYCE APP CTA:
2. Newmont Corporation (NEM)
Newmont Corporation is one of the world’s leading gold mining companies with operations in North America, South America, Australia, and Africa.
Performance: Newmont Corporation has experienced significant growth in the past decade, with its stock price increasing by 184% from 2010 to 2020.
Known for: Newmont Corporation has a strong track record of responsible mining, and has been recognized as a leader in environmental stewardship and social responsibility.
3. Franco-Nevada Corporation (FNV)
Franco-Nevada Corporation is a royalty and streaming company that provides financing to gold mining companies in exchange for a share of their future production.
Performance: Franco-Nevada Corporation has experienced substantial growth in the past decade, with its stock price increasing by 780% from 2010 to 2020.
Known for: Franco-Nevada Corporation offers investors exposure to the gold industry without the risks associated with mining operations, making it a popular choice among risk-averse investors.
From Pet Rocks to Potato Parcels: 5 Crazy Ideas That Made Millions Online
From selling cookies on the streets of New York to sending personalized messages on potatoes, these five entrepreneurs turned their unconventional ideas into multi-million dollar businesse
- “How a High School Dropout Made $10 Million Playing Video Games Online”
This story is about Matthew Haag, also known as Nadeshot.
He dropped out of high school to pursue a career in gaming and became a professional gamer. He has since won multiple championships and has a large following on social media.
- “Meet the Teen Who Turned His Hobby into a $1 Million E-Commerce Business”
This story is about Cory Nieves, also known as Mr. Cory.
Mr. Cory started a cookie business at the age of six, selling cookies on the streets of New York.
He eventually turned his hobby into a successful e-commerce business, selling cookies online and in stores.
He has been featured on various media outlets and has even baked cookies for Oprah Winfrey.
- “The Surprising Story of the Stay-at-Home Mom Who Made $100K in One Year Blogging About Knitting”
This story is about Sarah Corey, who started a knitting blog called “My Simple Knitting” while staying at home to raise her children.
Her blog became popular and she eventually started selling knitting patterns and products.
She made over $100K in one year from her blog and has since turned her passion for knitting into a successful business.
- “How One Man’s Love for Potatoes Turned into a $5 Million Online Business”
This story is about Alex Craig, who started a website called Potato Parcel where he would send personalized messages on potatoes.
His business gained popularity and he has since expanded into other products, such as potato socks and potato candles.
He has been featured on various media outlets and his business has grown to make millions of dollars in revenue.
- “Pet Rock Creator Gary Dahl Turned a Silly Idea into a Million-Dollar Business”
This story is about Gary Dahl, who famously created and marketed Pet Rocks in the 1970s.
Despite being a seemingly ridiculous idea, the Pet Rock became a massive success, with Dahl selling millions of Pet Rocks and becoming a millionaire in the process.
READ: How This 9-5’er Made Millions Selling Free Rocks In His Spare Time
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- ‘I work just 2 hours a day’: A 24-year-old who makes $8,000 a month in passive income shares her best business advice
- This 38-year-old makes $160,000 per month in passive income—after losing his job: ‘I work only 5 hours a week now’
- This 33-year-old mom makes $760,000 a year in passive income—and lives on a sailboat: ‘I work just 10 hours a week’
How I run a $300M+ business from the beach…(and how you can TOO!)
Yes, you read that right.
If there’s anything the pandemic taught us, it’s that the paradigm of “office” and “workspace” has been shaken to its CORE.
Universities are teaching via Zoom, court dates are done virtually, FULLY REMOTE businesses are valued at $1B+, and legitimate Inc. 5000 startups are run from…wherever. 📲
This is my office for the day…
I am actually running our business from the beach, typing this from here.
It’s 4:28 pm CET, which means it’s 10:28 am EST and I am CRUSHING my to-do list.
(And the team will continue to crush it while I’m asleep. That’s the 🗝)
So how did we get here?
As a result, we shut down our main office and set EVERYTHING up to run remotely…
SMOOTHLY! And a system that allows us to outperform competition by 200%. (You can build this system, too. More on this in a second.)
Here’s what we were able to do since then:
- Gained 6M+ followers across all platforms 📈
- Add 1500+ new apartments to the portfolio 🤑
- Grow to $300M in real estate 🚀
- 105% investor returns 🎉
- 700K+ community members 🤝
And here’s the best part…
Having team members in all the main time zones gives us a 24-hour work cycle vs. 9-5/eight-hour on-the-clock performance.
This means we get 3x the productivity of a similar company. 🔥
Let me repeat that…3x PRODUCTIVITY vs. our competitors.
Meanwhile our project management software grants us 24-hour TEAM-WIDE connectivity that tracks all tasks and lets us know if productivity dips even a little bit.
There is ALWAYS someone senior awake. It could be Martin in Barcelona…Nat in New York…Vineet & Arif in New Delhi.
All the while giving YOU GUYS wealth hacks and daily content. 🔥
OK, so how can you do it?!
Well, the first step is to have an actual side hustle you’re launching. Not just an idea, a validated business.
MAJOR KEY: Do NOT spend money until you’ve made your FIRST DOLLAR! 🗝🗝🗝🗝
(You can catch a replay Business Launch masterclass here and see TRIBE member Nessa launched her business on the spot and got her first $45K client shortly after.)
One of the easiest ways to start is with Airbnb—you can start that in 10 minutes. Literally. (Here’s a guide if you need it.)
Once you have your business, you build a virtual infrastructure (you really just need two softwares, which are FREE), manage the team accordingly and run the business from there.
I’m gonna put together a step-by-step video breakdown this weekend inside the new TRIBE U on the FIVE key things you need to do this for YOURSELF. 💵 💎
From what software to use, how to build a team, how to keep.
In the meantime, drop a comment if you’re ready to build some wealth and any questions if you want more…
Let’s get to work. 🙌