Monday, September 26, 2011
Bookstaber on learning from the industrial revolution
We interrupt this temporarily quietened blog to bring you an top link. Click right here and read "What can we learn from the policies that spurred the Industrial Revolution?" at Rick Bookstaber's place. If you read just one thing on the internet this week, make it this article. Most excellent brainfood.
Sunday, September 25, 2011
On the road
Your author is pretending to work while travelling around a bit for the next four days. Posting will be light this week. Here's Jack.
"Why think about that when all the golden land's ahead of you and all kinds of unforeseen events wait lurking to surprise you and make you glad you're alive to see?"
Saturday, September 24, 2011
The two most popular IKN posts of the last week...
...were this one that contained KCs wonderful chart, shown again here:
"This is a deceptively simple philosophy that I have been working on and fine tuning for most of my life. I am delighted to say that I believe I have refined it down to its essence- - sufficiently to share it with a select band of friends that may appreciate its elegance and simplicity."
Then this one, featuring Brent Cook and Mickey Fulp getting interviewed by the Kitco girl at a bar, JDs on ice at hand. Again shown right here.
Faster than light neutrinos
So let's see...
UPDATE: When hitting the publish button on this guff'n'nonsense, I wondered how long it would be before someone took the bait. Didn't take long.... By the way, the 5th rule of the internet is that irony doesn't travel.
UPDATE 2: Oh, just in case you haven't heard it yet here's the neutrino joke:
1) Scientists confirm that neutrinos do indeed travel faster than light
2) They then find a way of controlling a flow of neutrinos.
3) This controlled flow is then used to design a messaging system (it can be pretty simple, e.g. one burst of neutrinos is a 1, a double burst is a zero, binary computer systems take it from there)
4) As soon as the messaging system is understood it's used by somebody in, let's say, 2025, to send a message back to the person who invented the neutrino-control-and-messaging service on, let's say, May 23rd 2012.
5) The message sent back in time alerts us to a pending catastrophic event in, let's say, 2018 and how to avoid it.
6) We in 2012 take the necessary measures to avoid the event, thus it never happens.
7) This then negates the need for the message sent in the year 2025 to the year 2012.
8) Which means the message is never sent.
9) Which means the catastrophe is not avoided and it happens.
10) Wait a minute.....
UPDATE: When hitting the publish button on this guff'n'nonsense, I wondered how long it would be before someone took the bait. Didn't take long.... By the way, the 5th rule of the internet is that irony doesn't travel.
UPDATE 2: Oh, just in case you haven't heard it yet here's the neutrino joke:
The barman says, "Sorry mate, we don't serve neutrinos in here."
A neutrino walks into a bar.
Gold (GLD) vs Silver (SLV) vs Gold Miners (GDX) vs Juniors (GDXJ), ten day chart
We've featured this comparative chart a few times in the last week, basically to keep an eye on how the miners have been doing compared to the metals.
Today we update, basically to scare the bejeez out of you.
That is nasty.
Today we update, basically to scare the bejeez out of you.
That is nasty.
Friday, September 23, 2011
Problem 673: Internally tangent circles, Chord, Tangent, Metric Relations
Geometry Problem
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 673.
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 673.
The Friday OT: Don Henley; The boys of summer
This is not one of any number of cover versions, this is the original song. This is the one that had me playing it over and over way back when pals of mine were into the music I was supposed to like. It's also an oblique tribute to gold today, as Gary and those who follow his wonderful blog will get the "...will be strong after the boys of summer have gone" reference, I'm quite sure.
Don't look back, you can never look back
Problem 672: Internally tangent circles, Chord, Tangent, Geometric Mean
Geometry Problem
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 672.
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 672.
Setty uncovers a LatAm oil & gas fraud
Not just iffy and doubtful practices...nah Setty doesn't mess about and just goes straight for the 100% outright criminal fraud scam operations...ones such as Arevenca
Read all about it here, because it's one helluva good post.
Thursday, September 22, 2011
Four burning questions on today's market action (with two answers)
1) Who is Eric Sprott going to blame for silver's drop this time? The Martians?
2) Which of your equities positions will go green first? I know which one looks most likely in my port and I'm guessing it turns away from the dark side about 1pm EST.
3) How do you confuse an Austrian? (Answer: Ask him why the dollar has been strong recently)
4) What's the best video to sum up this morning? (Answer below)
By the way, subbers; Re this morning's flash update already bot a few, but more to go. Still careful fishin'
UPDATE: FWIW, the suspected bouncer was a double figure loser this morning, but even though it's now only 1% down it didn't make it into the green....so a fail is a fail.
Problem 671: Triangle, Cevian, Angles, Congruence
Geometry Problem
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 671.
Level: Mathematics Education, High School, Honors Geometry, College.
Click the figure below to see the complete problem 671.
OT: Today's handy twitter tip
Top tip! If you secretly employ ghost writers who pretend to be you on Twitter and you then fire one of them, ALWAYS REMEMBER TO CHANGE YOUR PASSWORD. This from the twitter a/c of some zero called @markdavidson today:
Totally pwned!
HudBay Minerals (HBM) (HBM.to): Touchy feely community relations sure beats hacking 'em to death with machetes
Me? I get all confused about these things. After all what with Hudbay (HBM.to) (HBM) now building its Constancia mine in southern Peru, it's only right that the company reaches out to locals. For example the $10,000 it just donated to a local university to sponsor "The Hudbay Classroom" that'll teach all things mining to keen minds. As part of the promo blurb, the company told us (translated):
"This agreement is part of our framework of responsibility and social inclusion, whose objective is always to provide to the communities where HudBay operates."
Which does compare favourably to the way it used to do business in other LatAm countries. For example at its Fenix project in Guatemala two years ago:
"Just over a year ago, my husband, Adolfo Ich Chamán, was killed by security forces employed at the Fenix mining project in Guatemala – a mining project owned by Canadian company HudBay Minerals. In the afternoon of September 27, 2009, I watched my husband leave our house for the last time. I later learned that mine security forces had surrounded my husband, dragged him through a gap in a fence and hacked at him with machetes. Then the mine’s chief of security shot him in the neck at close range. This attack was unprovoked."
The good news is that since that event, when HudBay employees murdered an anti-mining activist at its mine project in Guatemala, HudBay sold the project to another firm. So that doesn't count any more, right?
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