Merson: Liverpool can end title race in week’s timeby Paul Vegas10 months agoSend to a friendShare the loveArsenal hero Paul Merson says Liverpool can win the Premier League title in a week’s time.Merson believes if Liverpool win at the Etihad Stadium next month, a seven-point lead would be too much for Pep Guardiola’s Manchester City to overturn.He said, “Leicester vs Manchester City is a big game and a must-win game for City, who are in trouble now as they are four points behind Liverpool.”I mean it has now got down to the situation whereby if Liverpool win at City in a week’s time – it is all over.”So this is a big game for City and a hard one as Leicester can cause you problems But because they have to win, I think they will, but Saturday’s result will have knocked the stuffing out of them and Man City have now lost two of their last three league games.”And before that it looked like they would never ever lose a game, but I see them just winning this one to stay on the coat tails of Liverpool.” About the authorPaul VegasShare the loveHave your say
About the authorPaul VegasShare the loveHave your say Rodgers plays down Leicester top-four chancesby Paul Vegas25 days agoSend to a friendShare the loveBrendan Rodgers has played down Leicester City’s chances of breaking into the top-four.The Foxes were in scintillating form in Sunday’s 5-0 thrashing of Newcastle United.The win leaves the 2016 Premier League title winners in third place, but Rodgers has cooled expectations of his side.”It’s very early in the season,” said the Northern Irishman.”We know it’s a big ask because of all the other clubs that have been regulars there. We are only really focusing on how we play, looking at our performance levels.”
New Delhi: Former India batsman Venugopal Rao has announced his retirement from all forms of cricket. Rao represented India in 16 ODIs, the last of which came in May 2006 against West Indies at Basseterre. The 37-year-old Andhra batsman could amass only 218 runs with a lone fifty to his name in the 11 innings he played for the Men in Blue after making his debut against Sri Lanka at Dambulla in July 2005. He played 121 first-class matches scoring 7,081 runs, which included 17 hundreds and 30 fifties. He also played 65 IPL matches for Deccan Chargers, Delhi Daredevils and Sunrisers Hyderabad between 2008 and 2014.
APTN National NewsA house fire in northern Saskatchewan claimed the life of a young child.She’s the fourth child to perish in a blaze in recent months.And she’s being remembered at her school on the Witchekan Lake First Nation.APTN’s Larissa Burnoff sits down with the principal and a band administrator to find out more about this young girl.
OSU then-freshman pitcher Shelby Hursh (19) throws a pitch during a game against Northwestern on April 28, 2014. Credit: Courtesy of OSUThe Ohio State softball team looked to continue and improve on a strong opening weekend when it traveled to the Atlantic Coast Conference/Big Ten Challenge in Atlanta.It turned out to be a split foursome of games as the Buckeyes (5-3) went 2-2, winning both games against the Georgia Tech but falling twice to Syracuse.The Buckeyes’ pitching staff was led by junior Shelby Hursh, who saw action in three of the matchups. Sophomore Shelby McCombs contributed on both sides of the ball, including a walk-off home run in OSU’s second matchup against the Yellow Jackets.Even with key plays throughout the four games, OSU still struggled to bring runners home or get runners on base at all. The Buckeyes left runners stranded in 14 of the 29 innings played over the weekend.Game 1In their first game of the tournament, the Buckeyes shut out Georgia Tech 6-0, moving their overall record to 3-1.Hursh (3-0) pitched her first complete game of the season and struck out 10 Yellow Jackets in her outing.The right-hander’s effort from the mound was greatly supported by OSU’s bats, who got the day going with two solo home runs from senior first baseman Erika Leonard and junior left fielder Alex Bayne in the top of the first inning. Leonard went 3-for-4 after struggling to make big plays the weekend prior.Junior utility player Jess Machovina continued her comeback with a single to center field, which drove in sophomore Becca Gavin, who was a pinch runner in the game.The game-long lead gave some of the Buckeyes, like Gavin, a chance to relieve the starters offensively and see action as either pinch runners or hitters.Georgia Tech remained hitless until the sixth inning, when freshman Jordan Deep singled to right field on a pinch hit. Hursh retired the next two batters, keeping the Yellow Jackets scoreless.In the top of the sixth inning, senior utility player Jayla Saibene scored on a walk, one of five from Georgia Tech freshman pitcher Jenna Goodrich. Goodrich pitched the full seven innings but gave up four earned runs.Despite a comfortable lead heading into the seventh, OSU kept the pressure on, stretching its lead to 6-0 with senior catcher Cammi Prantl’s two-run single. The Yellow Jackets went in order in their final at-bats of the day, solidifying the Buckeyes’ dynamic start to the tournament.Game 2Even though the Buckeyes had a strong showing on Friday, they could not extend their streak in their matchup against Syracuse, losing a pitchers’ duel 1-0.Sophomore third baseman Ashley Goodwin had one of only two hits for OSU, a single to left field. The offense never got going. OSU left runners on base in four innings, all of whom were in scoring position.The Buckeyes’ pitching staff held the Orange to four hits, but freshman Morgan Ray and McCombs could not make up for a slow offense. The duo combined for not only six strikeouts but also four hit batters, including three by McCombs.Syracuse’s only run came in the bottom of the fourth inning, an RBI single by freshman first baseman Hannah Dossett.The Scarlet and Gray’s defense, however, did make key plays to keep the Orange to only one run throughout the rest of the matchup. After the Orange scored, Ray came in to relieve and got out of a bases-loaded situation. Goodwin turned a double play in the next inning, which gave the Buckeyes a renewed spark, but they could not get the run needed to avoid the defeat.Game 3OSU’s second matchup with Georgia Tech ended in a much tighter outcome than their Friday shutout. The two teams went into extra innings after a seven-inning battle, but the Buckeyes eventually came out on top 4-3 on a walk-off home run by McCombs.Georgia Tech went down in order in the top of the first inning, and OSU left the bases loaded after a pair of singles from Bayne and senior shortstop Maddy McIntyre.The Yellow Jackets scored first in the second inning on a single by freshman catcher Kaylee Ellebracht. The inning began when OSU junior Lena Springer hit a batter and the Yellow Jackets’ senior first baseman Courtney Ziese reached on an error.After Georgia Tech took the lead, Hursh came in to relieve Springer. The Yellow Jackets extended their lead to 2-0 with a home run by junior third baseman Jessica Kowalewicz in the top of the fourth.The Buckeyes responded in the bottom of the inning with a two-run homer by Bayne, her second of the weekend. The junior totaled four home runs all of 2015 but already has three after only two weekends.OSU made another change on the mound in the fifth inning, sending Hursh to the bullpen for Ray. Hursh finished her two innings with three strikeouts and two walks.A pair of errors by Georgia Tech in the fifth allowed the Buckeyes to jump ahead 3-2. The Yellow Jackets tied it up in the seventh with a triple by sophomore shortstop Kelsey Chisholm, and the Buckeyes could not capitalize on a single by Goodwin in the bottom of the inning.McCombs came on with one out for Ray in the eighth with Yellow Jackets on first and second base. However, the Buckeye infield made two key outs to get out of the situation and take their turn at the plate.And the Scarlet and Gray made it count, ending the game on the walk-off shot by McCombs. The junior also got the win, giving her a 1-1 split for the day.Game 4The Buckeyes’ final matchup of the tournament was a tight battle with Syracuse, who was coming off an undefeated Saturday with wins against OSU and Purdue.Two consecutive walks gave the Buckeyes their first two baserunners of the game, but a double play by the Syracuse defense kept the game scoreless in the bottom of the second.In a one-out, bases-loaded situation in the top of the fifth, Hursh hit a batter to give the Orange a 1-0 lead. Ray came into the circle to relieve, but the pitching change could not stop Syracuse from scoring another run.OSU could not respond in the bottom of the inning, despite a leadoff triple by McIntyre. Momentum remained with Syracuse when freshman first baseman Andrea Bombace soloed a home run to left field, expanding its lead to 3-0.The Buckeyes responded in the top of the seventh, first with a double by Goodwin to move sophomore pinch runner Cassidy Clough to third. McCombs, playing as the game’s designated hitter, followed up with a one-out, two-run double of her own.After Prantl grounded out to the right side, sophomore pinch runner Maddie Marotti moved to third. Saibene could not take advantage, though, and struck out to give Syracuse the 3-2 win.Hursh and Ray combined for eight strikeouts, compared to only three by Syracuse’s pitchers, senior Jocelyn Cater and sophomore AnnaMarie Gatti. Only three Buckeyes had hits, but all of them were of the extra-base variety.Coming upThe Buckeyes are next scheduled to travel to the University of South Carolina Upstate Tournament from Feb. 26 to 28, where they are slated to play in five games. Their first matchup against Virginia Tech is set to start Friday at 2 p.m.
Michael Carrick has praised Jose Mourinho attitude of sticking to Manchester United’s long-standing tradition of bringing through young players.United are well known for giving young players a chance to showcase their talents with the famous ‘Class of 92’ and the ‘Busby Babes’ experiencing great success.However, Mourinho’s adaptation to the ‘United way’, in regard to youth, has surprised many – with Marcus Rashford, Jesse Lingard and Scott McTominay becoming regular fixtures during his tenure.“He does get the history,” said Carrick according to Sky Sports, now part of the first-team coaching staff since retiring as a player.Mourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.“For the manager to put him [Rashford] in and play him… and Scott [McTominay] last year… and give them games, big games as well.“The manager has to take a lot of credit for that. That’s the constant challenge though, isn’t it? That’s what everyone wants to see, that next one.“They say it’s getting harder. But that’s a challenge for us as a club and for English football – you might not get tens and twenties, you might get five or six players – but it’s got to keep happening.”
Fulham manager Slavisa Jokanovic says he has what it takes to turn their poor start to the Premier League season around.Fulham have won just one game since promotion and are now in the relegation zone after four successive defeats, but Jokanovic feels he has proved himself during his three previous seasons at the club.“This kind of situation is part of football,” Jokanovic told Sky Sports.Official: Tottenham sign Fulham youngster Ryan Sessegnon Andrew Smyth – August 8, 2019 Tottenham have sealed another transfer deadline day deal to sign the highly-rated Ryan Sessegnon from Fulham.“I am not here three days, I am here three years and the board must have some kind of opinion about my work.“From my side, I have the confidence and believe in my job. People around me are professional and we don’t try to make some crazy things.“We know it’s not an easy job ahead of us, we must be brave and encourage the team not to stop, never give up.“My experience in this club – this is my fourth season here – and always it was complicated and always we reached the target at the end of the season.”
Posted: August 6, 2018 Dave Scott, Warm Water Temperatures Have Interesting Sea Life Visiting Our Coast August 6, 2018 Dave Scott Categories: Local San Diego News, Weather FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsLA JOLLA (KUSI) – The ocean water is at record warm temperatures, and we’re seeing marine life not usually seen off our coast.KUSI’s Dave Scott was with Dr. Daniel Rudnick, Professor at The Scripps Institution of Oceanography earlier today, discussing our recent visitors to our coastline.
Toyota Kirloskar Motor (TKM), a subsidiary of Toyota Motor Corporation, on Wednesday announced a partnership with ride-hailing app Uber to offer end-to-end vehicle buying solutions for driver partners.Through this partnership, Toyota’s financial arm Toyota Financial Services India Limited (TFSIN) will provide 90 per cent of on-road funding on Etios and Liva models for first-time drivers, the company said in a statement.The 90 per cent on-road funding scheme encompasses a complete package of vehicle cost, accessories, service packages, registration road tax and insurance. Through this partnership, Toyota will easily be affordable for Uber drivers, which would further add to the growth of the mobility business.The scheme will be applicable till the end of this year. It has been rolled out across all dealerships across the country.”This initiative is another step closer to changing the dynamics of mobility needs of an average Indian and we are glad to be part of it,” N Raja, TKM Director and Senior Vice President (Sales and Marketing) said.According to Uber India President Amit Jain, Toyota vehicles are among the most popular cars on the Uber platform worldwide and the partnership will boost grassroots entrepreneurship in India.The Indian ride-hailing market is burgeoning with growth in smartphone and internet users using ride-sharing services for daily commute. It is expected to clock around $7 billion by 2020.
NIST Develops ‘Dimmer Switch’ for Superconducting Quantum Computing Hybrid DQD/superconducting resonator device. Credit: (c) Nature, doi:10.1038/nature11559 This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore further Most scientists agree that in order to carry out the kind of logic operations needed for scaled up quantum computing, a means of moving information from more than just a single qubit must be found. To date, such transfers have been made to happen between neighboring electrons on the order of nanometers – quantum computers of the future will require transfers on the millimeter scale. To achieve such a scale, the team at Princeton suggest the concept of a “quantum bus” as a means of providing a pathway for communications between more than one spin based qubit.To use a qubit in logic operations its spin rate is observed to be in either an up “1” or down position “0” state. In order for such information to be useful, a means must be used to control the spin state. In this new research the team used microwave signals. By creating a microwave field around the qubit, the researchers were able to change and read its spin state and by extending the concept to create a superconducting circuit that included more than one qubit, they were able to create a quantum bus that allows for the transfer of information between more than one qubit.Coupling distant qubits has been done before using superconducting qubits – the results have lasted for too short of a time however to be usable in a quantum machine. In this new research, the coherence time, as it’s known, has been greatly increased using the quantum bus they created – long enough to allow for large scale quantum computing. The hope is that the idea can be expanded to include the coupling of many more qubits all separated by the large distances involved in constructing an actual quantum computing device. (Phys.org)—Researchers at Princeton University have demonstrated that coupling spin qubits may be feasible over long distances by measuring the microwave field inside of a superconducting circuit to determine the spin rate of a single electron quantum bit (qubit). Their work, as they explain in their paper published in the journal Nature, may be a first step towards creating a true quantum computer. Journal information: Nature More information: Circuit quantum electrodynamics with a spin qubit, Nature 490, 380–383 (18 October 2012) doi:10.1038/nature11559AbstractElectron spins trapped in quantum dots have been proposed as basic building blocks of a future quantum processor. Although fast, 180-picosecond, two-quantum-bit (two-qubit) operations can be realized using nearest-neighbour exchange coupling4, a scalable, spin-based quantum computing architecture will almost certainly require long-range qubit interactions. Circuit quantum electrodynamics (cQED) allows spatially separated superconducting qubits to interact via a superconducting microwave cavity that acts as a ‘quantum bus’, making possible two-qubit entanglement and the implementation of simple quantum algorithms. Here we combine the cQED architecture with spin qubits by coupling an indium arsenide nanowire double quantum dot to a superconducting cavity. The architecture allows us to achieve a charge–cavity coupling rate of about 30 megahertz, consistent with coupling rates obtained in gallium arsenide quantum dots10. Furthermore, the strong spin–orbit interaction of indium arsenide allows us to drive spin rotations electrically with a local gate electrode, and the charge–cavity interaction provides a measurement of the resulting spin dynamics. Our results demonstrate how the cQED architecture can be used as a sensitive probe of single-spin physics and that a spin–cavity coupling rate of about one megahertz is feasible, presenting the possibility of long-range spin coupling via superconducting microwave cavities.Press release © 2012 Phys.org Citation: Researchers determine spin rate of qubit by measuring microwave field inside superconducting circuit (2012, October 18) retrieved 18 August 2019 from https://phys.org/news/2012-10-qubit-microwave-field-superconducting-circuit.html
Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Hewlett-Packard offers fix for printers susceptible to remote hacks Nonetheless, it added, any customers concerned about the vulnerability can disable SNMPv1.2 or use the secure SNMPv3 mode until the firmware updates are made.Samsung’s SNMP advice, however, appeared to generate more questions than answers, motivating at least one news service, CNET, to contact Samsung in order to clarify the issue.That is because the U.S. Computer Emergency Response Team (CERT) Vulnerability Note (VU#281284), issued first on November 26 and then revised on Wednesday said that a hardcoded Simple Network Management Protocol (SNMP) full read-write community string remains active even when SNMP is disabled in the printer management utility. The account in the firmware will still allow access to the device even if management functions are disabled in the printer’s software utility.The CERT warning spoke about a Samsung printer firmware backdoor administrator account. This is a hardcoded account in the printers that could allow a remote attacker to take control of an affected device. The note pertained to Samsung printers as well as some Dell printers manufactured by Samsung. “A remote, unauthenticated attacker could access an affected device with administrative privileges,” US-CERT said. “Secondary impacts include: the ability to make changes to the device configuration, access to sensitive information (e.g., device and network information, credentials, and information passed to the printer), and the ability to leverage further attacks through arbitrary code execution.”CERT then referenced that the “reporter has stated that blocking the custom SNMP trap port of 1118/udp will help mitigate the risks.”Samsung and Dell have stated that any models released after October 31 if this year are not affected by this vulnerability. The CERT note was a result of findings by Neil Smith, a security researcher, who then contacted US-CERT on November 26, telling them that Samsung printer firmware contains a hardcoded backdoor administrator account that could allow remote network access exploitation and device control. Citation: Samsung to issue updates in response to printer alert (2012, November 29) retrieved 18 August 2019 from https://phys.org/news/2012-11-samsung-issue-response-printer.html More information: www.kb.cert.org/vuls/id/281284 (Phys.org)—Samsung has issued a response to CERT’s vulnerability advisory about Samsung networked printers but the response may have left printer owners wondering what to do next. Samsung said that it is aware of and has resolved the security issue affecting Samsung network printers and multifunction devices. “The issue affects devices only when SNMP is enabled, and is resolved by disabling SNMP.” The company offered the reminder that it takes all matters of security seriously. They said that were they not aware of any customers affected by this vulnerability. Samsung said that it intends to release updated firmware for all current models by November 30, and all other models will receive an update by the end of the year. © 2012 Phys.org
Coming from a musically rich background, Sawani Shende has made a mark of her own in the Classical music genre. She started performing at the age of 10 and has never looked back since then. She has now started an international venture with the music icon Tina Turner. Read on..How did your musical journey start?The journey of my concerts started when I was invited to perform at the Pt. Vishnu Digambar Jayanti Samaroh in Delhi when I was thirteen. On the same day, I was honoured when I performed for the then President of India, R Venkatraman at the Rashtrapati Bhavan. I have come up with numerous albums since then. I have been performing abroad in concerts right since 1998. I have toured many countries like USA, Canada, Qatar, Switzerland and Germany. Also Read – ‘Playing Jojo was emotionally exhausting’ Tell us about your album Beyond and how is it different from many others?Beyond Love Within is a really unique album. It’s not just any other spiritual album but its an album comprising of three different religions and cultures – Hinduism, Christianism and Buddhism. This venture is all about female power. What are your contributions in the band that makes it special?I have chosen some traditional Hindu shlokas as well as some new self composed verses for this album in praise of Goddess Saraswati, Lami, Parvati, Durga etc. I have also sung a Meera Bhajan in this album. The striking feature is that I have composed all the tunes for the Hindu texts myself. My training in Hindustani classical music made it easier for me to adapt to the western harmonies keeping the gist , originality and grace of our material intact with its own individual identity. Also Read – Leslie doing new comedy special with NetflixHow would you define your musical philosophy?I strongly believe that music is the fastest and the nearest path to reach up to god! I sing not only to please the audience and make them happy but to please god as I want to worship Him through my singing.In our country, how easy (or difficult) is it to make a mark in the music scene? What do you think the main issues are?Our country has great musical heritage which we should be proud of. The great Indian classical music tradition is acclaimed worldwide and people have started to know the importance of this music not only for entertainment but for great spiritual values like peace and meditation. The main problem I think is that the youth should understand the importance of this rich musical heritage rather than just running behind commercial music and show biz. We should strive to preserve our own culture with pride and try to take it across Indian boundaries. Tell us a bit about your music. What defines your music and songs?My music is a blend of the kirana and Gwalior gharanas of Indian classical music. Also i love to perform semi classical genres like thumri, dadra and bhajans. I always like to combine my performance with strong traditional values as well as aesthetical valuesWhat suggestions/advice would you have for newbie’s in music?There is no shortcut to success. Music should have values of dignity, peace and meditation. You should keep on adding new things to the mainstream but at the same time be grounded to your roots. Be proud of your country and its cultural values.
Kolkata: Central Forces deployed at Jangalmahal in Bengal started their movement towards North Bengal on Thursday for the first phase of elections scheduled in Cooch Behar and Alipurduar on April 11, after the state government agreed to release 29 companies of Central Forces presently deployed there.The final deployment plan was settled after the CEO of Bengal Ariz Aftab held a detailed meeting with ADG (Law and Order) Siddh Nath Gupta, ADG (Armed Force) Ranvir Kumar and IG (BSF) Y B Kurania at the CEO’s office on Thursday evening. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata”We are trying to deploy Central Forces in all the sensitive booths, while the non-critical booths will be managed by forces of the state,” a senior official of the CEO’s office said. The forces that are expected to reach North Bengal by Friday, will add to the seven companies of BSF already posted in the two North Bengal districts, taking the total count of Central Forces to 37. The official did not rule out the possibility of additional forces and said that talks are on with the Election Commission of India for sanctioning another 30 to 35 companies. “There has been no order yet but we are expecting it by Friday,” the official said. Also Read – Lightning kills 8, injures 16 in stateMeanwhile, the state police will deploy 9,000 state armed force personnel for managing the 3,844 polling stations of the two districts. It has been learnt that the state agreed to release the existing 29 companies of Central Forces from Jangalmahal after the Election Commission assured that the forces will be commissioned for the purpose of election only. There is always the fear that release of forces from Jangalmahal may lead to breakdown of law and order in the area, which was a hotbed for Maoists during the previous government’s (Left Front) rule. Sources in the commission said that out of the 29 companies of Central Forces, 11 companies are being sent to Alipurduar while 18 companies are being sent to Cooch Behar. “The law and order situation is under control and we would like to assure all the voters that there will be adequate forces both in the booths and on the road. We are sure about conducting a peaceful election,” said Additional Chief Electoral Officer Sanjoy Basu. The entire force management will be in the hands of the Police Observer and the Special Central Observer Vivek Dubey, who has already held a series of meetings with the top officials of the state. “As per order from the Election Commission, we have already arranged vehicles for the forces which will carry them to North Bengal. They have already started to move and by Friday morning we will be able to release all the forces,” a senior police officer of Purulia said.
2 min read Product:SoyPrintPrice: $60 to $199How it saves: Now available for office printing, soy-based toners are recyclable, nontoxic and free of petroleum products. SoyPrint is compatible with Hewlett-Packard business printers and Canon fax machines, and it makes paper easier to recycle or even compost. SoyPrint toners for other brands are expected to roll out this month.Product:Western Digital Caviar GreenPower Hard DrivePrice: Starting at $70How it saves: Reduce power use and increase energy efficiency with GreenPower hard drives, which are quieter and cooler than their counterparts. These drives save 4 watts to 5 watts per year compared to standard drives.Product:LED LightsPrice: $220How it saves: Powered by Brillia LED modules, these lights use 80 percent less energy than incandescent bulbs and 30 percent less than fluorescents. They also last longer and emit very little heat.Product:Encore Electronics Thin ClientPrice: $110How it saves: Reduce the power you use while computing by having multiple workers share a PC or server’s computing power. One PC can power about 10 Thin Clients; one server can power about 30. A Thin Client uses only 5 watts to 10 watts a year, whereas a desktop uses about 350 watts.Product:Solio Magnesium Edition Hybrid ChargerPrice: $170How it saves: This solar- and wall-powered portable charger has a USB input for devices like iPhones, and comes with a set of Universal iGo tips to connect to various phones. One hour of sun will give you 20 minutes of talk time, and its battery stores a charge for up to a year.Product:Critical Links EdgeBoxPrice: Starting at $2,500How it saves: Replace four to six standalone communications devices with this small box that consolidates your phone system, e-mail server, web server, fax, security, VPN, data storage and more. It saves materials and power, and can be scaled from 10 to 300 employees.Product:Dell OptiPlex 960 Desktop Energy EfficientPrice: Starting at $863How it saves: This PC’s energy-saving features let you use 43 percent less power than the previous model. Dell uses at least 10 percent post-consumer recycled plastic on the compact structure and up to 89 percent recyclable packaging. The desktop also has optional QuietKit technology to reduce noise by 60 percent.Product:Occupancy Motion Sensor Llight SwitchesPrice: $18 to $62How it saves: Don’t waste electricity by leaving lights on in unoccupied rooms. With simple-to-install infrared occupancy detectors, you won’t have to worry about anyone forgetting to flip the switch. This story appears in the March 2009 issue of Entrepreneur. Subscribe » Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global February 13, 2009 Register Now »
MIAMI — For a limited time Celestyal Cruises is offering 20% commission on seven-day all-inclusive cruise bookings, to help kick off the launch of its newest itineraries.The company says it is “pleased to demonstrate its ongoing commitment to its North American travel agent partners” with commission paid across the majority of its cruise package components, including the cruise fare (including a standard unrestricted drinks package and select shore excursions) as well as additional pre-sold shore excursions, and pre-sold premium drinks upgrade package.The 20% commission deal is applicable on new bookings made between now and June 30 for any seven-day all-inclusive cruise departing in 2018, 2019 and 2020.As part of its goal to offer year-round cruising in the Aegean, Celestyal Cruises recently introduced three new seven-day all-inclusive itineraries: the new ‘Idyllic’ with sailings now underway; and starting in 2019 the new ‘Eclectic’ and ‘Three Continents’ itineraries.The ‘Idyllic’ sailing departs from Athens (Piraeus) and includes overnight stays in Mykonos and Santorini. Along the way passengers will discover the off-the-beaten path island of Milos, beautiful Crete and Turkey’s Kusadasi.More news: AMResorts has a new Sr. Dir. of Cdn. Sales & Consortia Rel’nsMeanwhile the ‘Eclectic’ itinerary re-introduces Istanbul to Celestyal’s cruise programs, with weekly sailings Oct. 21 – Nov. 25, 2019. Cruises go roundtrip from Athens with an overnight in Istanbul, plus time in Greece’s Volos and Turkey’s Canakkale. Passengers on this itinerary will additionally have the opportunity to visit Crete and Santorini, and experience Mykonos with an overnight stay.Finally Celestyal’s new ‘Three Continents’ sailings will start in December 2019 with five sailings Dec. 2 – 30 that will also mark the introduction of Christmas and New Year’s cruises in the Aegean for Celestyal Cruises. Roundtrip from Athens, passengers will explore cities and villages in Greece, Egypt (Alexandria and Port Said), Israel, Cyprus (Limassol), the Greek Islands (Rhodes), and Turkey (Kusadasi). Share 20% commission, new itineraries and back to Istanbul with Celestyal Posted by << Previous PostNext Post >> Friday, April 27, 2018 Tags: Celestyal Cruises Travelweek Group
October 23, 2009 The Different Skies musicians gave a special performance to a group of students from the neighboring ORME School, as well as to a group of 50 students from the Facultad de Arquitectura y Diserto, Extension Ensenada, Universidad Autonoma de Baja California. The students from Ensenada visited Arcosanti for an extensive architectural tour and enjoyed the impromptu liveliness of the music. [photo: Anna Tran & text: hk] 2009 Different Skies participants: [back row from left] Ivan Schwartz, Allen Goodman, Brian Good, Bill Marx, Rus Foster, Jonathan Mills, John Rossi III, Giles Reaves and John Krikawa. [front row from left] Greg Hurley, Bill Fox, Kevin Haller, Mike Metlay, Otso Pakarinen and Tim Walters. The weeks practice sessions culminate into a public performance on Saturday, October 24. 2009. The evening event will start with a complimentary tour at 5 pm, followed by Dinner in the Cafe at 6 pm, and the Concert starts at 7:30 pm. For ticket information call 928 632-7135. [photo & text: hk]
Netflix has ordered a supernatural-themed original drama produced by UK-based New Pictures, DTVE sister title TBI has discovered.The eight-episode series will be led by All3Media-backed New Pictures’ founders Charlie Pattinson, Elaine Pyke and Willow Grylls.Creators of the series are Hania Elkington (The North London Book of the Dead) and Simon Duric (The Crown, Black Mirror).The untitled series is being billed as an emotional love story thriller with supernatural twists about two teenage runaways.A source described the series as mixing “Stranger Things with Skins“.A Netflix rep confirmed shooting will take place in the UK and Norway and the series will be executive produced by Farren Blackburn, alongside the New Pictures three founders.New Pictures has produced well-known series The Missing for BBC One and Starz as well as Indian Summers for Channel 4 and WGBH.In March, New Pictures began filming for a psychological thriller named Requiem, which will be produced for Netflix as well as BBC One.The new drama also follows a string of international originals currently commissioned by Netflix including Taiwanese show Bardo, its second Spanish original, Elite, and an untitled show in Turkey, and commissioned New Pictures stablemate Seven Stories to create India-set cricket drama Selection Day.Netflix also found success with another teen-themed drama, 13 Reasons Why.
Editor’s note: Doug Casey is known around the world for many very good reasons. Among investors, he’s well known for being a very successful speculator and author. More broadly, his unwavering support of human liberty and his criticism of institutions based on coercion as well as those who support them have made Doug a hero to many… and perhaps public enemy number one to some of those whom he criticizes. Whether one agrees with him or not, Doug almost always has a singular take on issues and ideas, making his essays and talks highly stimulating. As we approach the end of the year – a time when people often reflect on their progress or lack thereof over the past year across all areas of life – this February 2011 interview of Doug Casey by Louis James on the morality of money seems especially trenchant. We hope it helps you reflect on your relationship with money and investing, and brings a renewed sense of clarity and purpose to your financial activities in 2013. Doug Casey on the Morality of Money Interviewed by Casey Research Chief Metals & Mining Investment Strategist Louis James Louis: Doug, every time we have a conversation, I ask you about the investment implications of your ideas, and we consider ways to turn the trends you see into profits. The assumption is that’s what people want to hear from you, since you’re the guru of financial speculation. But this, your known status as a wealthy man, the fact that you have no children, and other things may lead some people to form an incorrect conclusion about you – that “all you care about is money.” So let’s talk about money. Is it all you care about? Doug: I think anyone who has read our conversation giving advice to people just starting out in life (or re-starting) knows that the answer is no. Or the conversation we had in which we discussed Scrooge McDuck, one of the great heroes of literature. However, I have to stop before we start and push back: If money were all I cared about, so what? Would that really make me a bad person? L: I’ve grokked Ayn Rand’s “money speech,” so you know I won’t say yes, but maybe you should expand on that for readers who haven’t absorbed Rand’s ideas… Doug: I’m a huge fan of Rand. She was an original and a genius. But just because someone like her, or me, sees the high moral value of money, that doesn’t mean it’s all-important to us. In fact, I find money less and less important as time goes by, the older I get. Perhaps that’s a function of Maslow’s hierarchy: If you’re hungry, food is all you really care about; if you’re freezing, then it’s warmth; and so forth. If you have enough money, these basics aren’t likely to be problems. My most enjoyable times have had absolutely nothing to do with money. Like a couple times in the past when I hopped freight trains with a friend, once to Portland and once to Sacramento. Each trip took three days and nights, each was full of adventure and weird experiences, and each cost about zero. It was liberating to be out of the money world for a few days. But it was an illusion. Somebody had to get the money to buy the food we ate at missions. Still, it’s nice to live in a dream world for a while. Sure, I’d like more money, if only for the same genetic reason a squirrel wants more nuts to store for the winter. The one common denominator of all living creatures is one word: Survive! And, as a medium of exchange and store of value, money represents survival… it’s much more practical than nuts. L: Some people might say that if money were your highest value, you might become a thief or murderer to get it. Doug: Not likely. I have personal ethics, and there are things I won’t do. Besides, crime – real crime, taking from or harming others, not law-breaking, which is an entirely different thing – is for the lazy, short-sighted, and incompetent. In point of fact, I believe crime doesn’t pay, notwithstanding the fact that Jon Corzine of MF Global is still at large. Criminals are self-destructive. Anyway, what’s the most someone could take, robbing their local bank? Perhaps $10,000? That’s only enough to make a wager with Mitt Romney. But that leads me to think about the subject. In the old days, when Jesse James or other thieves robbed a bank, all the citizens would turn out to engage them in a gun battle in the streets. Why? Because it was actually their money being stored in the bank, not the bankers’ money. A robbed bank had immense personal consequences for everyone in town. Today, nobody gives a damn if a bank is robbed. They’ll get their money back from a US government agency. The bank has become impersonal; most aren’t locally owned. And your deposit has been packaged up into some unfathomable security nobody is responsible for. The whole system has become corrupt. It degrades the very concept of money. This relates to why kids don’t save coins in piggy banks anymore – it’s because they’re no longer coins with value; they’re just tokens that are constantly depreciating and essentially worthless. All of US society is about as sound as the dollar now. Actually, it can be argued that robbing a bank isn’t nearly as serious a crime today as robbing a candy store of $5. Why? Nobody in particular loses in the robbery of today’s socialized banks. But the candy merchant has to absorb the $5 loss personally. Anyway, if you want to rob a bank today, you don’t use a gun. You become part of management and loot the shareholders through outrageous salaries, stock options, and bonuses, among other things. I truly dislike the empty suits that fill most boardrooms today. But most people are mostly honest – it’s the 80/20 rule again. So, no, I think this argument is a straw man. The best way to make money is to create value. If I personally owned Apple as a private company, I’d be making more money – completely honestly – than many governments… and they are the biggest thieves in the world. L: No argument. Doug: Notice one more thing: making money honestly means creating something other people value, not necessarily what you value. The more money I want, the more I have to think about what other people want, and find better, faster, cheaper ways of delivering it to them. The reason someone is poor – and, yes, I know all the excuses for poverty – is that the poor do not produce more than they consume. Or if they do, they don’t save the surplus. L: The productive make things other people want: Adam Smith’s invisible hand. Doug: Exactly. Selfishness, in the form of the profit motive, guides people to serve the needs of others far more reliably, effectively, and efficiently than any amount of haranguing from priests, poets, or politicians. Those people tend to be profoundly anti-human, actually. L: People say money makes the world go around, and they are right. Or as I tell my students, there are two basic ways to motivate and coordinate human behavior on a large scale: coercion and persuasion. Government is the human institution based on coercion. The market is the one based on persuasion. Individuals can sometimes persuade others to do things for love, charity, or other reasons, but to coordinate voluntary cooperation society-wide, you need the price system of a profit-driven market economy. Doug: And that’s why it doesn’t matter how smart or well-intended politicians may be. Political solutions are always detrimental to society over the long run, because they are based on coercion. If governments lacked the power to compel obedience, they would cease to be governments. No matter how liberal, there’s always a point at which it comes down to force – especially if anyone tries to opt out and live by their own rules. Even if people try that in the most peaceful and harmonious way with regard to their neighbors, the state cannot allow separatists to secede. The moment the state grants that right, every different religious, political, social, or even artistic group might move to form its own enclave, and the state disintegrates. That’s wonderful – for everybody but the parasites who rely on the state (which is why secession movements always become violent). I’m actually mystified at why most people not only just tolerate the state but seem to love it. They’re enthusiastic about it. Sometimes that makes me pessimistic about the future… L: Reminds me of the conversation we had on Europe disintegrating. But let’s stay on topic. So you’re saying that money is a positive moral good in society because the pursuit of it motivates the creation of value. It’s the bridge between selfishness and social good, and it’s the basis for voluntary cooperation, rather than coerced interaction. Anything else? Doug: Yes, but first, let me say one more thing about the issue of selfishness – the virtue of selfishness – and the vice of altruism. Ayn Rand might never forgive me for saying this, but if you take the two concepts – ethical self-interest and concern for others – to their logical conclusions, they are actually the same. It’s in your selfish best interest to provide the maximum amount of value to the maximum number of people – that’s how Apple became the giant company it is. Conversely, it is not altruistic to help other people. I want all the people around me to be strong and successful. It makes life better and easier for me if they’re all doing well. So it’s selfish, not altruistic, when I help them. To weaken others, to degrade them by making them dependent upon generosity, as we discussed in our conversation on charity, is not doing those people any good. If you really care about others, the best thing you can do for them is to push for totally freeing all markets. That makes it both necessary and rewarding for them to learn valuable skills and to become creators of value and not burdens on society. It’s a win-win all around. L: That’ll bend some people’s minds… So, what was the other thing? Doug: Well, referring again to our conversation on charity, the accumulation of wealth is in and of itself an important social as well as a personal good. L: Remind us. Doug: The good to individuals of accumulating wealth is obvious, but the social good often goes unrecognized. Put simply, progress requires capital. Major new undertakings, from hydropower dams to spaceships, to new medical devices and treatments, require huge amounts of capital. If you’re not willing to extract that capital from the population via the coercion of taxes, i.e., steal it, you need wealth to accumulate in private hands to pay for these things. In other words, if the world is going to improve, we need huge pools of capital, intelligently invested. We need as many “obscenely” rich people as possible. L: Right then… so, money is all good – nothing bad about it at all? Doug: Unfortunately, many of the rich people in the world today didn’t get their money by real production. They got it by using political connections and slopping at the trough of the state. That’s bad. When I look at how some people have gotten their money – Clinton, Pelosi, and all the politically connected bankers and brokers, just for a start – I can understand why the poor want to eat the rich. But money itself isn’t the problem. Money is just a store of value and a means of exchange. What is bad about that? Gold, as we’ve discussed many times, happens to be the best form of money the market has ever produced: It’s convenient, consistent, durable, divisible, has intrinsic value (it’s the second-most reflective and conductive metal, the most nonreactive, the most ductile, and the most malleable of all metals), and can’t be created out of thin air. Those are gold’s attributes. People attribute all sorts of other silly things to gold, and poetic critics talk about the evils of the lust for gold. But it’s not the gold itself that’s evil – it’s the psychological aberrations and weaknesses of unethical people that are the problem. The critics are fixating on what is merely a tool, rather than the ethical merits or failures of the people who use the tool and are responsible for the consequences of their actions. L: Sort of like the people who repeat foolish slogans like “guns kill” – as though guns sprout little feet when no one is looking and run around shooting people all by themselves. Doug: Exactly. They’re the same personality type – busybodies who want to enforce their opinions on everyone else. They’re dangerous and despicable. Yet they somehow posture as if they had the high moral ground. L: OK, so even if you cared only for money, that could be seen as a good thing. But you do care for more – like what? Doug: Well, money is a tool – the means to achieve various goals. For me, those goals include fine art, wine, cars, homes, horses, cigars, and many other physical things. But it also gives me the ability to do things I enjoy or value – like spend time with friends, go to the gym, lie in the sun, read books, and do pretty much what I want when I want. Let’s just call it as philosophers do: “the good life.” It’s why my partners and I built La Estancia de Cafayate [in Argentina]. We have regular events down there I welcome readers to attend. But I don’t take money too seriously. It’s just something you have. It’s much less important than what you do, and trivial in comparison to what you are. I could be happy being a hobo. As I said in the conversation on fresh starts, there have been times when I felt my life was just as good and I was just as happy without much money at all. That said, you can’t be too rich or too thin. L: Very good. Investment implications? Doug: This may all seem rather philosophical, but it’s actually extremely important to investors. What is the purpose of investing or speculating? To make money. How can anyone hope to do that well if they feel that there is something immoral or distasteful about making money? Someone who pinches his or her nose and tries anyway because making money is a necessary evil will never do as well as those who throw themselves into the fray with gusto and delight in doing something valuable – and doing it well. L: The law of attraction. Doug: Yes, but I don’t view the law of attraction as a metaphysical force – rather as a psychological reality. If you have a negative attitude about something, you’re unlikely to attract it… even if you try to talk yourself into thinking the opposite. L: OK, but that’s not a stock pick… Doug: Sure. We’re talking basics here. No stock picks today, just a Public Service Announcement: If you think money is evil, don’t bother trying to accumulate wealth. On the other hand, if you want to become wealthy, you’d better think long and hard about your attitudes about money, work through the thoughts above and those you can find in the rest of our conversations… Cultivate a positive attitude about money, which is right up there with language as one of the most valuable tools man has ever invented. Think about it, and give yourself permission to become rich. It’s a good thing. L: Very well. Thanks for what I hope will prove to be a very thought-provoking conversation! Doug: My pleasure. Talk to you next week. A successful investing strategy requires much more than choosing the right stocks: it requires an understanding of cultural, political, and economic trends as well as being able to analyze a sector and the companies in it. Doug Casey’s decades of successful speculation show that he’s “the real deal” – and now you can have deeper access into his mind, in one convenient location. Doug has recently written a book, Totally Incorrect, which offers his thoughts and investment implications on topics as wide-ranging as NASA, paying taxes, ethics, why college education is a waste of resources, the immorality of voting, and much more. It’s available as an e-book as well as in physical format – get all the details here.
In This Issue. * Dollar rebounds on first day after April. * Greece appears to have blinked first. * U.K. election this week, so far it’s a toss up * Zero Hedge points out manipulation.And Now. Today’s A Pfennig For Your Thoughts.Is The IMF Greasing The Tracks?Good day.. And a Marvelous Monday to you! May the Fourth be with you. HA! Whew! I’m worn out from the Baseball games this past weekend, which featured a sweep of the Pirates, and 3 consecutive extra inning walk off wins! Classic, old-school, baseball with two teams evenly matched, and both waiting for the other team to blink. All the kids were over yesterday, as I fired up the Big Green Egg, and we watched the game together, except the end. Everyone had given up, except darling daughter Dawn, and Dad, we watched the walk off home run and then rubbed it in to the rest who had gone inside! HA! Speaking of waiting for a team to blink. Chris sent me a note on Friday, saying, “Sounds like Greece blinked first”, and he forwarded an article that talked about some concessions that Greece had agreed to, so that they could remain in the euro. This is the first step of kicking the can down the road for the Eurozone and Greece. Chris added: “Not that the stare down is over, but certainly sounds like the Greek leaders are realizing they need to stay in the euro”. Yes, it sure does. The “concessions” haven’t led to a euro rally though. The euro’s April rally ended with the month, and May is looking as though it will be a tough row to hoe for the euro, or at least it looks that way from the start. As I kept reminding you during the April rally, which actually ended up being the best month for the euro since 2010, came about from all the weak data in the U.S., it wasn’t about anything good going on in the Eurozone. And with April behind us now, Traders are thinking that the data here in the U.S. is going to begin to look better.. Why would they think that? Because the Fed told them last week that it was going to get better. I’m not buying whatever it is they are selling, folks. I’m from Missouri, they are going to have to show me! And I get all creeped out, thinking that these guys (Traders) are all hanging their hats on the Jobs Jamboree that will take place at the end of the week on Friday. Let me put it this way. I have NO DOUBTS, the jobs numbers will be better in April than they were in March. And that’s all I’ll say about that now. While I’m on the subject of U.S. Data. Remember when I told you Friday that the U.S. ISM Manufacturing index was going to print for April that day, and it would be the first test to see if the Fed’s call that the very weak 1st QTR was just “Transitory” was fact or fiction. I also told you the consensus was for this data to stop the trend toward weaker prints each month. Well, guess what? The April ISM was 51.5, same as March’s number. So no increase, no change that would make one think the 1st QTR was just “Transitory”. yes, you could say, but, Chuck, it didn’t fall again. and I would say yes, but it also didn’t rise, which makes me believe the manufacturing sector is just muddling along. The Reserve Bank of Australia (RBA) will meet tonight (tomorrow for them) and make a rate decision. I still don’t believe Australia needs a rate cut. Granted I’m not there, and my view from the cheap seats is from thousands of miles away. But the RBA is going to take the “Everybody else is doing it” approach, and probably cut rates this evening. The Aussie dollar (A$) hit 80-cents last week, and that level has proved to be much like the star that shines the brightest before it burns out, and it was right after hitting 80-cents that Traders began talking about a rate cut by the RBA. Hmmm. I wonder where they got that idea? You don’t think the RBA whispered sweet nothings into the ears of the Traders do you? Nah, that wouldn’t happen. would it? I don’t doubt it for a minute that it happened just like that, for the RBA saw the A$ 5-cents away from the 75-cents figure they’ve stated that would like to see the A$ trade, and decided they had better do something. Of course I don’t know that to be fact. Just an observation, like I said. So, May is starting off in the U.S. dollar’s favor, even after the week before IMM Positions report showed the biggest drop in long U.S. dollar contracts since the week leading up to the March FOMC. 35,000 contracts were cut last week, with the biggest beneficiary to the cut going to the euro, where net short contracts were cut back by 17,000. the pound sterling and Mexican peso were the only currencies that saw their net short positions increased! And that makes sense given the U.K. election is this week, and it’s still up in the air as to who will win, and if they do, they probably won’t be able to form a coalition government. And we’ve talked about unknowns being bad for currencies for as long as I’ve been writing this letter, which is in its 23rd year. The Chinese renminbi/ yuan was weakened a bit overnight, stopping the string of appreciation that took place last week. I have to tell you that The Wall Street Journal (WSJ) is reporting that the IMF is close to declaring China’s renminbi / yuan to be fairly valued for the first time in more than a decade.. The WSJ says that “this will be a milestone in the country’s efforts to open its economy that would blunt U.S. criticism of Beijing’s currency policy”. Sounds like the IMF is greasing the tracks to include the renminbi / yuan in the SDR’s, like I’ve been talking about. For the IMF has not been a fan of Beijing’s currency management in the past. China must be exerting a lot of power here folks. They very badly want the renminbi / yuan included in the SDR’s for that would be a major step toward them removing the dollar as the reserve currency, which has been their plan for quite a few years now. I was writing and doing weekly videos to subscribers of the Currency Capitalist monthly newsletter published by the Sovereign Society in 2008, when I first began to notice and write about China’s Currency Swap agreements, which they had signed with most of the Asian countries and Belarus when I first noticed what was going on, so let’s say, it was 2006 that they began this quest. I first told the audience in Orlando at the Money Show, in 2010, that I thought the renminbi would remove the dollar as the reserve currency by the end of the decade. So we are now ½-through the decade, and look at all the progress the Chinese have made in 5 years? I don’t talk about the dollar losing the reserve status flippantly either. I also tell audiences that to lose the reserve status is a devastating thing to a country. I always refer back to, as a kid, watching the Beatles the first time on the Ed Sullivan show, and how they showed us pictures from the Beatles home town of Liverpool, and how depressing those pictures looked. That was the U.K. economy after being stripped of the reserve status for the pound that took place first in the 1920’s but got it back when the U.S. went through the stock crash and depression, only to lose the reserve status for good after WWII. It took the U.K. 50 years to recover from the loss of the reserve status, and it was only because Richard Nixon took the U.S. off the Gold standard, with everyone else eventually following, and the great rise in Credit (read debt) took place for the G-7 countries. The Canadian dollar / loonie experienced a nice rally in April too, which was ½- generated by weak U.S. data, and the other ½-generated by the brighter outlook by the Bank of Canada (BOC) early in April allowed the loonie to have the best one-month performance VS the dollar in 6 years! The problem with that brighter outlook, is that it was all based on a weaker loonie, which was helping exports. It was a real conundrum for BOC Gov Poloz. If he talks glowingly about the economy, which makes him look good, the loonie rallies, which is NOT what he wants to see happen. This Friday, as with most Fridays when the U.S. has a Jobs Jamboree Canada also prints their jobs report for the previous month. The thing I want to point out here is something I’ve told you ever since Poloz became the Gov of the BOC. And that is he is from the Trade side of the Gov’t. and those people are born and raised to complain about currency strength. So, I don’t think the loonie has much chance to add to its 5% gain in April, for Poloz will not allow that to happen. Well, I just had to stop and sing along with Leon Russell, and his song: Back to the Island. And watch the sun go down. Hear the sea roll in.. But I’ll be thinking of you.. And how it might have been. Ok. I’m back now. And it appears that the only currencies gaining VS the dollar today are Gold and Silver. And I wouldn’t exactly call Gold’s move a strong move higher. Zerohedge.com ran a pretty interesting story on Friday, and included some really cool screen shots of trading in Gold. Here’s a snippet of the whole piece. “Much to our dismay, overnight we learned that while the CFTC continues to be very, very confused and challenged by all those lobby payments by the world’s “liquidity providing” HFTs and ignores all documented evidence of manipulation, the Chicago Mercantile Exchange – owner of the futures exchange where the bulk of modern manipulation takes place – did read this evidence of manipulation, and decided to immediately take action, suspending two traders for placing the manipulative “spoofing and layering” trades profiled here three days ago which were virtually identical to the ones that got Navinder Singh Sarao into headlines around the world last week. Except, of course, the asset class manipulated was gold. And, perhaps what’s far worse, the manipulation sent the price of gold briefly higher.” You should read the whole article here. that is as long as you believe in the price manipulation of Gold & Silver. I know that some of you don’t believe it, so You can go ahead move along for these are not the droids you’re looking for. http://www.zerohedge.com/news/2015-05-01/gold-manipulator-busted-after-zero-hedge-report-hft-gold-spoofing The U.S. Data Cupboard on Friday had the aforementioned ISM, but it also had some very disturbing Construction Spending data from APRIL! So new data that goes toward the 2nd QTR GDP. April Construction Spending fell -.6% , and get this. The Atlanta Fed cut their 2nd QTR GDP outlook to .8%, after seeing the color of the Construction Spending data. This was the worst print here since 2009, when the Fed began QE1. In fact 7 of the last 10 months this data has missed expectations. Today, we have Factory Orders For March. And quite frankly, now that the Fed has put all their eggs into the basket of the next two month’s data I don’t care about March prints. I will be keeping score on April and May data. and so far, we had a no gain ISM and a disastrous Construction Spending in April. To Recap. It appears that April’s currency rally has run into a road block for May, as the dollar is rebounding against all currencies this morning. Traders are buying into the Fed’s call that the bad 1st QTR Data was “Transitory” and will be better in the 2nd QTR, and trading the dollar accordingly. I wonder what will happen when they wake up and smell the fact that the 2nd QTR Data isn’t “better”. The U.K. election is this week, still no real clear winner or party. the WSJ is reporting that the IMF is about to say China’s currency is fair valued. And Gold & Silver have small gains VS the dollar today Then There Was This. I thought you might like to see how the U.S. economy is looked at by someone outside of the U.S. The U.K. Telegraph. You can read the whole article here: but I have a couple of snippets that tell the story first. http://www.telegraph.co.uk/finance/economics/11578200/US-jobs-relapse-raises-fresh-doubts-on-Fed-tightening.html “A key indicator of manufacturing jobs in the US has dropped to its lowest level since the financial crisis as industry remains stuck in the doldrums, dashing hopes for a swift rebound after the economy ground to a halt in the first quarter. The surprisingly weak data greatly reduce any likelihood the US Federal Reserve will raise rates in June for the first time in eight years, once again putting off the long-feared turning point in the global monetary cycle and perhaps offering another reprieve for dollar debtors across the world. The closely watched index of the Institute for Supply Management (ISM) remained anemic in April, confirming fears that the strong US dollar and energy crash in the once-booming shale states are taking a serious toll. The employment component dropped sharply to 48.3, below the “boom-bust line” of 50 and the lowest in almost six years. The relapse is likely to set off alarm bells at the Fed, where chairman Janet Yellen pays very close attention to the labor market.” Chuck again. See? It’s not just me that sees these things. But why doesn’t the Fed see them? Only the shadow knows, I guess. Currencies today 5/4/15. American Style: A$ .7830, kiwi .7525, C$ .8240, euro 1.1135, sterling 1.5095, Swiss $1.0685, . European Style: rand 12.0590, krone 7.5980, SEK 8.3805, forint 272.45, zloty 3.6305, koruna 24.5690, RUB 51.87, yen 120.25, sing 1.3330, HKD 7.7530, INR 63.42, China 6.1165, pesos 15.56, BRL 3.0770, Dollar Index 95.53, Oil $59.43, 10-year 2.13%, Silver 16.29, Platinum $1,132.63, Palladium $775.75, and Gold. $1,182.21 That’s It For today. Well that was an exciting Kentucky Derby race on Saturday wasn’t it? Yes, the favorite horse won, that’s why he was the favorite! My wife came back home on Saturday, and the first thing she said upon arriving at the house was that the grass hadn’t been cut. I tried to explain to her that I had been very sick all week, but she was having none of those excuses! See how badly she treats me? HAHAHAHA! Well, Tomorrow is the Cinco de Mayo Celebration, that I think gets more attention here in the U.S. than in Mexico. Tomorrow I’ll tell you about the famous email I received years ago, on Cinco de Mayo. Well, my beloved Cardinals are off to their best start since 1944 (they won the World Series that year!) And now the upstart, kids from Chicago come to town. Appropriately named the Cubs, this team is a collection of high draft choices and trades, to form a good young team. Woke up this morning with a mouth full of blood, from the tumor in my jaw. It’s shrinking again, which is what causes the bleeding. UGH! But I’m fine now, had my breakfast, and I’m good to go! So, now you have to promise that you’ll go out and make this a Marvelous Monday! Chuck Butler Managing Director EverBank Global Markets
Recommended Link Year 53.7 Year 20190.0 Justin’s note: Today’s essay comes from our good friend and colleague Chris Mayer.If you’ve never heard of Chris, he’s one of the best value investors on the planet. His proprietary investment strategy outperformed not only the S&P 500, but also legendary investors like Warren Buffett, Carl Icahn, John Paulson, and David Einhorn for 10 years straight.In short, when he offers advice, we listen. Below, Chris reveals the three signs he looks for when searching for 100-baggers (stocks that return 100-to-1), even when the broad market is overvalued like it is today… By Chris Mayer, editor, Chris Mayer’s FocusThere’s one question I get from readers over and over again…Why invest in stocks if the world is going to pot?I’m going to cite one piece of remarkable evidence I uncovered in my own massive study of the stock market’s biggest winners.I call these winners “100-baggers” (stocks that returned 100-to-1). And after spending three years and $138,000 to investigate them, I discovered they all have certain aspects in common.I’ll tell you about those attributes in a moment. For now, let’s agree that there is plenty to worry about. And the stock market is not cheap.The S&P 500’s CAPE ratio (a stock valuation measure designed to smooth out earnings volatility) has only been this high one other time in the last century—right before the dot-com crash of 2000. That means many stocks are expensive.But just because a stock market index like the S&P is pricey doesn’t mean there aren’t good values out there. Unless you are a buyer of the index itself, it is not relevant to the business of finding great stocks today.Let me give you a historical example: 1966 to 1982.This 17-year stretch was dead money for stocks—or what so many people would have you believe. The Dow Jones Industrial Average basically went nowhere. And if you factor in the period’s high inflation, the performance was even worse. Thus, you might conclude you didn’t want to be in stocks. — Revealed for the first time ever on Camera: Chris Mayer’s “Secret Weapon”?You may not recognize this man… But he’s a former analyst at Peter Schiff’s New York brokerage firm… a former CPA at Deloitte… and a former analyst of special micro-cap investment firm, Sidoti & Company… Now, he works for Chris Mayer… Just three of his most recent ideas could have made you gains of 108.9%, 120.3% and 116%… all in less than 16 weeks! And now, for the first time, he is going to publicly share three ideas on camera that could make you a considerable amount of money in the next 12 months. Details here. Year 1013.8 — It’s really just a matter of scale.McDonald’s did about $25 billion in sales last year. So if it wants to double that number, it would need to sell an extra 5 billion Big Macs next year. Granted, this is an oversimplified example, but you get the idea.But it’s not as hard for a small company to increase its sales by double, triple, or more.Not all small companies become big companies, of course. But after studying over 360 100-baggers, I have a basic few clues to look for.The ability to expand into national and/or international markets. Think about the three big winners above. You had a small tax preparer, airline, and retailer. All three started as local, or regional, businesses. And all three grew into national brands. To get those big returns, even in lousy economic environments, you need to have room to grow.Strong returns on the capital invested in the business. If you invest $100 in a business and it generates a cash profit of $20, that’s a 20% return on equity, or ROE. You don’t need to know a lot about finance to know that is a very good return.Well, nearly all of the stocks in my 100-bagger study were good businesses by this measure. They earned returns of 20% and above.H&R Block, for example, earned astronomical returns on its equity—in the early days, especially. ROEs were well over 30% in most years. For L Brands, ROE was over 25% for years and years. And low-cost Southwest had—and still has—among the best economics of any airline.Which brings me to the final—and perhaps most important—clue I’ll share with you today…The ability to reinvest profits and earn high returns again and again and again. This one is just math. If you can earn 30% on your equity and reinvest your profits and earn 30% again… well, the dollars start to pile up real fast.Take a look: Year 11.3 Recommended Link But here’s what my research on 100-baggers found: There were 187 stocks you could’ve bought between 1966 and 1982 that would have multiplied your money 100 times.In fact, during that 17-year stretch, you’d have had at least a dozen opportunities each month to multiply your money 100x if you just held on.In some cases, you didn’t even have to wait very long. Southwest Airlines returned more than 100 times in about 10 years beginning in 1971. Leslie Wexner’s L Brands (owner of Victoria’s Secret, among other retail properties) did it in about eight years starting in 1978. In 1966, you could’ve bought H&R Block and turned a $10,000 investment into $1 million in under two decades.So, the indexes can tell you what kind of environment you are in. But they don’t predict what will happen to individual stocks.It’s certainly harder to find great opportunities in highly priced markets. And it’s easier to find big winners at market bottoms (but perhaps not so easy as to make yourself buy them, as fear is rife at such times). These facts should surprise no one.However, my point is simply this: Don’t fret so much with guesses as to where the stock market might go. Keep looking for those 100-baggers.If history is any guide, they are always out there…All 100-Baggers Have This in CommonAs I mentioned above, companies such as Southwest Airlines, L Brands, and H&R Block have returned more than 100 times to investors during a period when the broader market went absolutely nowhere.And there is something these three companies had in common:Southwest recorded $6 million in sales in 1972. By 1975, it did $23 million in sales. And by the end of the decade, it hit $200 million in sales.L Brands had sales of $210 million in 1978. It hit $1 billion in sales in 1980. By the end of the 1980s, it hit $5 billion in sales.H&R Block did just $14 million in sales in 1967. In 1975, it passed the $100 million mark in sales.See a pattern here?All three were small companies with lots of room to grow.For larger companies, the condition of the economy can be a constraint. They depend on broad-based economic growth. It is hard for Coca-Cola or McDonald’s to grow faster than the overall economy. They’re just so big already. ATTENTION Seniors: Mark October 19th on Your Calendar!If you put your name on this list of recipients before October 19th… You could be entitled to a deposit up to $1,720 or more! It’s all thanks to a little-known contract between the Social Security Administration and the private sector. Click here for the details. After 10 years, you’ll have 14 times what you started with. After about 18 years, you’ll have a 100-bagger. This is how you power through bad economic times.Finally, there is a great Charlie Munger quote I want to share because it shows you the importance of this concept of ROE:Over the long term, it’s hard for a stock to earn a much better return than the business which underlies it earns. If the business earns 6% on capital over 40 years and you hold it for that 40 years, you’re not going to make much different than a 6% return—even if you originally buy it at a huge discount. Conversely, if a business earns 18% on capital over 20 or 30 years, even if you pay an expensive looking price, you’ll end up with a fine result.So there you have it. Even though the overall market looks expensive, remember that you are not buying the market. You’re buying individual stocks.That’s why you should look for great small-cap stocks with the traits I’ve shared above.If you find a business that can earn 25% or so on its capital over many years, what happens to the overall market won’t matter.Regards,Chris MayerEditor, Chris Mayer’s FocusP.S. Some of the world’s best investors email me ideas… But until now, I haven’t been able to share them with you.Now, for the first time, I’m preparing to share three of these ideas from my private network… And I’m so convinced they’ll pay off for you, I’m putting $5 million on the line to prove it. Click here to learn more…Reader MailbagToday, a reader writes in with a question regarding our recent essay on the marijuana boom. It’s something you might even be wondering yourself…If marijuana really becomes a big business, it will be taken over by the cigarette companies who are in the best position to market it on a large scale. It would be hard for a small company to compete with them.Justin’s note: This reader is absolutely correct. When marijuana’s legalized at the federal level, big tobacco will go after marijuana profits. Big alcohol and big pharma will also fight for slices of the pie.But that shouldn’t stop you from investing in marijuana. If anything, this is a reason to buy marijuana stocks now. Casey Research founder Doug Casey explained why in the October issue of The Casey Report:My guess is that as cannabis becomes fully legal in all its forms in the years to come, that big food and drug companies will take over the leading players—at a big premium. When you’re a big company, it’s much cheaper and easier to buy expertise and production than to make all the usual—and numerous and inevitable—mistakes trying to get in at the ground floor. Someday—not far in the future—you’ll see a takeover mania in the area.You’ll obviously want to own marijuana stocks before this “takeover mania” begins.You can learn about the top marijuana stocks by watching this new presentation. As you’ll see, the best marijuana money-making opportunity isn’t in the United States. It’s north of the border, in Canada. To learn why, check out this free video. You Don’t Want to Miss This…From November 6–10, Doug Casey, Crisis Investing editor Nick Giambruno, and Casey Report editor E.B. Tucker will gather together with a group of close friends at one of the most unique places in the world: Doug’s world-class residential community in Argentina—La Estancia de Cafayate.As a reader of the Dispatch, we’d like to invite you to join.This is not an investment conference—far from it. It’s friends gathering at a place built for like-minded people.There’ll be great steaks, locally produced wine, and probably a few too many Cuban cigars. We’ll discuss what’s going on in the world, and what’s around the bend.This is a unique chance to spend a few days with great people in one of the world’s most beautiful settings. If you haven’t seen the high desert of Argentina, please consider joining us.Keep in mind, space is limited and spots are filling up quickly. So if you’re interested, don’t wait to sign up.To get more details, just send us an email using this link. We hope to see you at La Estancia de Cafayate November 6–10.