Jio will start a new cashback offer[1] for its Prime subscribers on Friday under which users who purchase recharges of Rs. 399 or more will get benefits worth up to Rs. 2,599. Gadgets 360 has learnt that the offer, which will continue till November 25, will provide with Rs. 400 cashback (eight vouchers of Rs. 50) on purchases made via MyJio app and the official website. Customers who pay using wallet apps will get cashbacks of up to Rs. 300 in the respective wallets too. Along with this, they will get Rs. 1,000 discount on Yatra.com on round trip flights, and Rs. 500 on one-way tickets, Rs. 399 off on Ajio.com (minimum purchase Rs. 1,500), and Rs. 500 discount on Reliancetrends.com (minimum transaction Rs. 1,999).
In other Jio[2] news, the operator is apparently planning to launch a virtual reality (VR) app in 2018[3], according to Birmingham City University officials. The Head and Creative Director of Jio Studios have visited the university on how VR professionals are being trained, where the institute and the Reliance executives discussed “a number of opportunities for collaboration.”
Flipkart to launch Billion Capture+ smartphone on November 15
Flipkart-owned electronics brand Billion[4] will release its first smartphone on November 15. To be called Billion Capture+[5], the smartphone will have dual cameras on the back for Bokeh effect. It will also have a ‘Super Night’ mode, fast charging, full-HD display, rounded edges, stock Android Nougat software, and will come with unlimited cloud storage, according to a Flipkart[6] listing for the handset. The e-commerce major has tied up with 130 service centres across 125 cities for after-sale support, the page says.
Oppo F5 4GB RAM...
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From John Rubino:"We'll Look Back At This and Cringe"
“Millions of people out there still bear the psychic scars of buying gold at $800/oz in 1980 or a tech stock at 1,000 times earnings in 1999 or a Miami condo for $1,000 per square foot in 2006.
Today’s bubble will leave some similar marks. But where those previous bubbles were narrowly focused on a single asset class, this one is so broad-based that the hangover is likely to be epic in both scope and cumulative embarrassment.”
Bubble? What Bubble?
War: Currencies and Nuclear
From Timothy Alexander Guzman: A Currency War Will Escalate
One quote that always crosses my mind regarding the decline of the U.S. dollar and the state of geopolitics associated with it, is by Gerald Celente, founder of the Trends Research Institute who said that “When all else fails, they take you to war.”
As the U.S. dollar continues to lose its status as the world’s premiere reserve currency, the reality of a world war seems inevitable, especially when major countries such as China, Russia and Iran are making strategic moves to bypass the U.S. dollar in favor of other currencies such as China’s ‘Petro-Yuan’. China has made the decision to price oil in their own currency the “Yuan” by a new gold-backed futures contract which will change the dynamics of the world’s economy. China is preparing to launch the petro-Yuan later this year that will eventually threaten the U.S. dollar as the world’s reserve currency.”
The Gold Market– 30 Year Log Scale Graph:
From Christopher Aaron: Gold Price Forecast– First Breakout Signal Since 2008
This