Now hard evidence has been sent back from the Arctic uncovering the secret life of the polar bear.
This was image was found at http://wattsupwiththat.com/2010/05/22/editorializing/.
Saturday, May 22, 2010
Latest Research Into Secret Life Of Polar Bears
Someone has finally braved the harsh environment to determine how polar bears are dealing with the disappearance of sea ice.
Now hard evidence has been sent back from the Arctic uncovering the secret life of the polar bear.
Now hard evidence has been sent back from the Arctic uncovering the secret life of the polar bear.
Saturday, December 1, 2007
Foreclosure Up Front and Personal
Today we help move a friend from her home.
A victim of a chain of circumstances she had no control over, she's the one who must suffer the anxiety, uncertainty, and humiliation of losing her home. Thanksgiving found all her belongings strewn across the front yard. People driving by on the busy side street could see everything once secure behind locked doors. Some stopped by to take things, thinking it was some sort of unsupervised yard sale.
She obtained a week's delay because the mortgage owner fraudulently claimed the eviction notice had been served.
So three men, three women, and four children moved what they could back into the house. We were finished in about three hours.
But what to do long term?
We spent the next day obtaining some very good legal advice.
But the opinion was nothing could be done.
The judge at the subsequent hearing said the same thing.
We began looking for a home for her and her children with no money, no credit, and basically no time. Even if we found the home, where would get the help to move her?
Our deadline for being out of the house was this weekend.
My wife found a house. I contacted the real estate agent for an appointment. At the showing, the agent took a real liking to our friend and did everything she could to help her. We were concerned it might take as much as a week to get the approval from the owner.
He said he would rent it after talking with the agent for about a half an hour.
Because of the lack of a good credit rating, he bumped the rent up a little and wanted two months down, certified check.
When she got home there was a check waiting in the mailbox with more than enough money to make all the payment and then some.
While I was making other arrangements to get some money together, the phone rings. It's one of the neighbors. She tells me there were several who wanted to help but didn't know how. I told her we're moving out today and anyone who wanted could show up a one this afternoon.
Later in the evening, the certified check is handed over, the lease signed, and the keys given to our friend.
My wife thinks this is all a miracle.
I think she's right.
A victim of a chain of circumstances she had no control over, she's the one who must suffer the anxiety, uncertainty, and humiliation of losing her home. Thanksgiving found all her belongings strewn across the front yard. People driving by on the busy side street could see everything once secure behind locked doors. Some stopped by to take things, thinking it was some sort of unsupervised yard sale.
She obtained a week's delay because the mortgage owner fraudulently claimed the eviction notice had been served.
So three men, three women, and four children moved what they could back into the house. We were finished in about three hours.
But what to do long term?
We spent the next day obtaining some very good legal advice.
But the opinion was nothing could be done.
The judge at the subsequent hearing said the same thing.
We began looking for a home for her and her children with no money, no credit, and basically no time. Even if we found the home, where would get the help to move her?
Our deadline for being out of the house was this weekend.
My wife found a house. I contacted the real estate agent for an appointment. At the showing, the agent took a real liking to our friend and did everything she could to help her. We were concerned it might take as much as a week to get the approval from the owner.
He said he would rent it after talking with the agent for about a half an hour.
Because of the lack of a good credit rating, he bumped the rent up a little and wanted two months down, certified check.
When she got home there was a check waiting in the mailbox with more than enough money to make all the payment and then some.
While I was making other arrangements to get some money together, the phone rings. It's one of the neighbors. She tells me there were several who wanted to help but didn't know how. I told her we're moving out today and anyone who wanted could show up a one this afternoon.
Later in the evening, the certified check is handed over, the lease signed, and the keys given to our friend.
My wife thinks this is all a miracle.
I think she's right.
Monday, November 26, 2007
Gold Up, Dollar Down
Gold continues its relentless rise; as the dollar continues to spiral down.
Check out the Kitco website for the current quotes.
It is so obvious the gold markets have been manipulated for years and now all the efforts to conceal the abuse of the dollar are coming to a climatic close.
Think of the price of gold as the canary in the coal mine. When a currency is being overspent by a government, the market knows this and prices gold in that currency accordingly. Many people do not believe the official inflation reports, so they rely on the price of gold as an indicator of what is really going on with the currency.
The government knows this, hence, the daily manipulations of the price of gold in an attempt to disguise the demise of the dollar. This is done by shorting the price of gold every day on the Comex and other gold exchanges. Of course these short positions have to be covered eventually. Usually people will accept paper money to cover the shorts. What's happening now is the physical market for gold is overtaking the paper market. Instead of trading a piece of paper representing a certain amount of physical gold, more and more people and institutions are demanding the real deal.
Reasonable observers think gold will reach at least $1600 per ounce. Here's my take on the question:
During the last bull market of gold, it reached a price of $850 per ounce on Jan 21, 1980. The average price of gold that month was $675.30. The same numbers in 2006 dollars would be $2275.99 and $1808.21 respectively. So if we assume similar conditions for the dollar today, we can expect some significant climbs in the price of gold.
What people have real difficulty in understanding with respect to inflation is that the value of items being purchased does not go up. Rather, the value of the dollars you are using to purchase these items is going down.
A few weeks ago everyone was outraged at the sudden surge in the price of milk. Everyone's thinking "Are those dairy farmers or supermarkets gouging us?" Of course not. A gallon of milk in 1980 is pretty much the same thing a gallon of milk today is. What has changed is the dollar. The dairy farmer and all the middlemen down to the local supermarket have the same struggles everyone else has in dealing with inflation. There are more dollars, about four times as many, as there were in 1980. So each dollar is less valuable. It's too bad dollars don't physically shrink with inflation. If they did, the phenomena of inflation would be much easier to understand.
While governments can easily make more copies of their currency to pay their bills when the tax revenues fail to do so, they cannot manufacture more gold. This is why governments hate gold.
Everyone wants government services, but no one wants to pay for them. So the government, with the complete cooperation of the public, fudges by printing money they don't have. You can get away with this for a while, but it eventually catches up with you. Hence the surge in gold prices and the really scary economic situation we have today.
Check out the Kitco website for the current quotes.
It is so obvious the gold markets have been manipulated for years and now all the efforts to conceal the abuse of the dollar are coming to a climatic close.
Think of the price of gold as the canary in the coal mine. When a currency is being overspent by a government, the market knows this and prices gold in that currency accordingly. Many people do not believe the official inflation reports, so they rely on the price of gold as an indicator of what is really going on with the currency.
The government knows this, hence, the daily manipulations of the price of gold in an attempt to disguise the demise of the dollar. This is done by shorting the price of gold every day on the Comex and other gold exchanges. Of course these short positions have to be covered eventually. Usually people will accept paper money to cover the shorts. What's happening now is the physical market for gold is overtaking the paper market. Instead of trading a piece of paper representing a certain amount of physical gold, more and more people and institutions are demanding the real deal.
Reasonable observers think gold will reach at least $1600 per ounce. Here's my take on the question:
During the last bull market of gold, it reached a price of $850 per ounce on Jan 21, 1980. The average price of gold that month was $675.30. The same numbers in 2006 dollars would be $2275.99 and $1808.21 respectively. So if we assume similar conditions for the dollar today, we can expect some significant climbs in the price of gold.
What people have real difficulty in understanding with respect to inflation is that the value of items being purchased does not go up. Rather, the value of the dollars you are using to purchase these items is going down.
A few weeks ago everyone was outraged at the sudden surge in the price of milk. Everyone's thinking "Are those dairy farmers or supermarkets gouging us?" Of course not. A gallon of milk in 1980 is pretty much the same thing a gallon of milk today is. What has changed is the dollar. The dairy farmer and all the middlemen down to the local supermarket have the same struggles everyone else has in dealing with inflation. There are more dollars, about four times as many, as there were in 1980. So each dollar is less valuable. It's too bad dollars don't physically shrink with inflation. If they did, the phenomena of inflation would be much easier to understand.
While governments can easily make more copies of their currency to pay their bills when the tax revenues fail to do so, they cannot manufacture more gold. This is why governments hate gold.
Everyone wants government services, but no one wants to pay for them. So the government, with the complete cooperation of the public, fudges by printing money they don't have. You can get away with this for a while, but it eventually catches up with you. Hence the surge in gold prices and the really scary economic situation we have today.
Sunday, November 25, 2007
Always There
Now that the sun is peeking over the house, it's time to think about the mountains to the West.
They've always been there as an anchor to my world. Mt. Evans, Pikes Peak, Longs Peak, Lookout Mountain; with Green Mountain and the Table Tops at their feet.
I've always wanted to be up there, but always the obligations were down here on the plains. If not school, it is work. If not work, it's those I care about.
Silverheels was the name given to a peak overlooking South Park; the real South Park not the TV pretend place. Apparently, so the story goes, a kindly prostitute cared for miners suffering from smallpox. She contracted the disease, died, and to memorialize her kindnesses, the mountain was named for the distinctive trademark she was known for.
I believe the town was Fairplay. So called because the settlers there were forced out of other diggings over claim disputes. Feeling abused, the miners wanted a name reflecting a 'fair play' for everyone.
One of the most spectacular views in Colorado is provided by the overlook at the top of Kenosha Pass as one makes a start down into South Park.
They've always been there as an anchor to my world. Mt. Evans, Pikes Peak, Longs Peak, Lookout Mountain; with Green Mountain and the Table Tops at their feet.
I've always wanted to be up there, but always the obligations were down here on the plains. If not school, it is work. If not work, it's those I care about.
Silverheels was the name given to a peak overlooking South Park; the real South Park not the TV pretend place. Apparently, so the story goes, a kindly prostitute cared for miners suffering from smallpox. She contracted the disease, died, and to memorialize her kindnesses, the mountain was named for the distinctive trademark she was known for.
I believe the town was Fairplay. So called because the settlers there were forced out of other diggings over claim disputes. Feeling abused, the miners wanted a name reflecting a 'fair play' for everyone.
One of the most spectacular views in Colorado is provided by the overlook at the top of Kenosha Pass as one makes a start down into South Park.
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