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On July 19th, Zheng Weimin, Academician of the Chinese Academy of Engineering and Professor of the Department of Computer Science and Technology at Tsinghua University, stated at the Agentic Era AI Infrastructure Innovation and Development Forum that rapid expansion of computing power does not equate to efficient token production capacity. In the era of intelligent agents, the real scarcity is not just chips, but the system capability to stably, cost-effectively, and efficiently produce tokens. Tokens are transforming from technical indicators into core production factors in the industry, and inference systems are moving from single-machine optimization to distributed, cached, heterogeneous, and service-oriented architectures.Conflict Updates: 1. A Russian logistics center was attacked by drones, resulting in 7 deaths and 24 injuries. 2. Multiple locations in Kyiv, the capital of Ukraine, were attacked by ballistic missiles. 3. A drone attack in the Moscow region of Russia resulted in over 30 deaths and injuries. 4. According to the Russian Ministry of Defense, Russian air defense systems intercepted and destroyed 379 Ukrainian drones overnight. 5. Zelenskyy: Ukraine attacked two major logistics facilities in the Moscow and Tambov regions of Russia and also struck Russian oil facilities. 6. The governor of Odessa stated that Russia attacked infrastructure at the port of Odessa, Ukraine, hitting a ship flying a foreign flag and killing one person. Other Updates: 1. Advisor to the Ukrainian Minister of Internal Affairs: The attacks by Ukraine have reduced Russias oil refining capacity. 2. Zelenskyy: He spoke with the Commander-in-Chief of the Armed Forces of Ukraine, Oleksandr Sylskyy, today. Decisions regarding the military will continue to be negotiated. 3. The Ukrainian Ministry of Defense: In the first half of 2026, the total value of drone contracts signed by the Ukrainian military was approximately $7.5 billion, double the total value of last year. FPV drones accounted for the largest share of these contracts.July 19 - According to the website of the China Maritime Safety Administration, the Yantai Maritime Safety Administration issued a navigation warning that military activities will be conducted in relevant waters of Laizhou Bay in the Bohai Sea from July 20 to 21, and entry is prohibited.July 19th - On July 18th, at the 2026 World Artificial Intelligence Conference, Tencent Cloud officially released the overseas version of Tencent Cloud Intelligent Agent Development Platform ADP 4.0, simultaneously upgrading three major modules: Intelligent Workbench, Claw Mode, and Skill Square.July 19th - According to COMAC, on July 17th, Cambodia National Airways and COMAC signed an agreement in Shanghai for the purchase of 20 C909 aircraft. On the same day, COMAC also signed a strategic cooperation memorandum of understanding with the State Secretariat of Civil Aviation of Cambodia, under which the two sides will deepen cooperation in areas such as aviation safety, airworthiness certification, and personnel training.

Predictions for the Silver Market: A Turbulent Time Ahead

Alina Haynes

Jul 22, 2022 14:58

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Silver fell during Thursday's trading session, but it recovered after the European Central Bank raised interest rates, which placed downward pressure on the US dollar. I believe it is only a matter of time until sellers re-enter the market and force this commodity lower since this is a market that continues to witness a lot of noisy activity. However, there are many grounds to believe that silver's value will decline below that of the dollar.

 

Silver's demand is expected to remain weak due to low consumer demand. At this point, I believe it is best to "fade the rise," since it will likely be just a matter of time until sellers re-enter the market. We're probably going to break up soon, and the $20 level above should provide a lot of resistance on the way up.

 

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It's conceivable that sellers will enter the market even if we break over the $20 level, and then the 50 Day EMA will come into play. The 50-day moving average (MA) is currently at $20.73, and it's falling. In the end, I believe that many individuals will rush into this market as soon as it shows indications of tiredness. If the price drops below the hammer's base, it would be reasonable to assume that the $15 support level will be quickly breached.