Generally earnings season is ebullient. But the immutable rule is don’t buy in anticipation of rumored good earnings. The earnings may be good, but not good enough for Wall Street and the stock may fall, viz Google. I am very uncomfortable with Apple. It may disappoint.
Reasons to love silver. From an article headlined “12 Reasons Why Silver Will (Continue to) Outperform Gold,” the author, called the “Golden Economizer,” concludes:
As I continue my extensive research on the investment characteristics of silver, nothing I have read contradicts my conclusion that silver is the most undervalued commodity in history, and the most remarkable investment opportunity of the next decade. I’ll leave you with this chart of Silver vs. Gold performance over the past decade.
You can read the full article on Seeking Alpha.
The bugs in our meat. Over the years, more and more reasons emerge not to eat meat. Recent research shows Farm Animals Get 80 Percent of Antibiotics Sold in U.S. Click here. And now latest research shows Multi-Drug Resistant Staph in 1 in 4 Meat Samples. The end of the article sums it up: The bottom line is, the more we use antibiotics in injudicious ways, the more we are compromising our ability to save human lives in the future. For the Wired article, click here. P.S. Turkey is the worst meat.
I spent 30 years writing headlines and coverlines. Not one of my efforts over all those years comes close to Cosmo’s latest issue.
Not one of these headlines fulfils its promise with the article inside. But, of course, that’s not the point. The point is to sell magazines. And that they did. It cost me $3.99 for this cover. I haven’t read a word of the inside.
Sometimes my laptop’s SD card reader doesn’t work. (I don’t know why.) Then I use this little $9 gadget which I plug into my laptop’s USB port, which always works.
The gadget reads some other cards also. It comes from Cyberguys.
German Hansgrohe makes householder fixtures. From one of their instruction booklets comes this gem:
+ Mixing cleaning agents is not permitted, generally.
Spending $120 million on one building. The General Services Administration (i.e. our wonderful government) spent $120 million on a border station in Blaine, Washington (between us and Canada).
For today’s Bloomberg piece on the building, click here.
Passover begins this evening. It is celebrated widely, beginning with a dinner this evening called a Seder. There are three elements to all Jewish celebrations:
1. They tried to kill us.
2. They failed.
3. So, let’s eat.
How the Passover story made it to the Bible. Moses is taking the Israelites out of Egypt. He arrives at the Red Sea. In distance he sees the Egyptian army advancing fast.
Moses calls for his VP Engineering. “Build me a bridge.”
“Sorry boss. This is the desert. No wood. No steel. No stones.”
Moses calls for his VP Sales.”Go back and work a deal with the Egyptians.”
Two hours later, the VP Sales returns. “No deal. They want us dead.”
Moses calls for his VP public relations. “So, what should I do?”
VP P.R. “See that rock. Stand on it. Ask God to part the Red Sea. He will. Take the Israelites through. There’ll be another rock on the other side. Stand on it. When the Egyptians are in the center of Red Sea, ask God to close the Red Sea. All your enemies will drown.”
Moses looks quizzically. “This nonsense going to work?”
VP Public Relations, “I have no idea. But, if it does, I’ll get you three pages in the Old Testament.”
Such a deal:
Moses talks to God; “Let me get this straight. They get the oil and we get to cut off half our penises.”
Harry Newton who is suddenly freaked by driving. The weekend saw several crazies driving at breakneck speeds trying to pass me on the right — yes on the right — on a narrow two-lane road. What is it about SUVs that makes their drivers believe they’re invincible? Suffice: my two new rules: First, make as few left hand turns as possible. UPS has this rule also. Sitting there waiting to turn left is dangerous. You get hit from behind. Second, drive well below the speed limit. It’s a dangerous, idiotic world out there. And yes, none of my near accidents happened in New York City. They all happened in bucolic Columbia County, mid-New York State.
Not HALF!
For all of the sound bullish argument, the chart on silver has a distinctly parabolic shape and I can't see this ending well. For a recent comparison, look at oil as it approached $150.