Thursday, January 24, 2013

Margin on Physical Sale over Spot Price Rising

Method: divide physical price (it would be higher as well if you consider shipping for delivery) by the spot price.  The margin , as it increases, indicates the extent to which the meaning of "spot" becomes less relevant, especially if you want to have physical possession of the metal.


Tuesday, January 22, 2013

Five Years? - David Bowie and runaway global warnming




When I first heard this song, I thought, how could that happen? Now it doesn't seem so far fetched.

"Five Years" - David Bowie

Pushing thru the market square
so many mothers sighing
News had just come over,
we had five years left to cry in

News guy wept and told us
earth was really dying
Cried so much his face was wet
then I knew he was not lying

I heard telephones, opera house, favourite melodies
I saw boys, toys electric irons and T.V.'s
My brain hurt like a warehouse
it had no room to spare
I had to cram so many things
to store everything in there
And all the fat-skinny people, and all the tall-short people
And all the nobody people, and all the somebody people
I never thought I'd need so many people

A girl my age went off her head
hit some tiny children
If the black hadn't a-pulled her off, I think she would have killed them

A soldier with a broken arm, fixed his stare to the wheel of a Cadillac
A cop knelt and kissed the feet of a priest
and a queer threw up at the sight of that
I think I saw you in an ice-cream parlour
drinking milk shakes cold and long
Smiling and waving and looking so fine
don't think you knew you were in this song

And it was cold and it rained so I felt like an actor
And I thought of Ma and I wanted to get back there
Your face, your race, the way that you talk
I kiss you, you're beautiful, I want you to walk

We've got five years, stuck on my eyes
We've got five years, what a surprise
We've got five years, my brain hurts a lot
We've got five years, that's all we've got

Monday, January 21, 2013

The use of force by government "Democide"

Police officers have clubs, guns, tear gas and tasers. They use torture, military force including bombs, heavy artillary, missiles, and armed unmanned drones and other terrible weapons to enforce their will.
Naturally we need rule of law, the criminal element is a real threat.
All this to say that we humans infest this planet with our own brutality. Sweetness and light seems to stop sharply outside the doors of the opera theaters and play houses.
Doctor Jonas Salk, the discoverer of the Polio Vaccine likened human beings to an infestation. We will choke ourselves with our pollution, malfeasance, and warring ways unless we learn to solve our problems without the use of force.  Humans need to find a way to work collectively across class, race, religious, neighborhood, state and world borders.
See below the police response to miners striking in South Africa. Does anybody else see a problem with this?  Each body represents a broken family, broken life and broken system.