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   Saturday Nov. 25 2006  08:05  CDT 

 

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The Day After

There's no account yet, just a lot of stories about the madness that was Black Friday.  That said, there was plenty of madness.  For example, in Torrance, California, a shopping stunt injured ten people.  And the online shopping crowd was clicking like mad - so much so that the Wal-Mart site experienced overloads and was reported down part of the day.

---

Earlier this week, I bought a new Shop-Vac at Lowes here in Palestine (Texas) for $79 and change. Our neighbors across the road lucked into the same vacuum for just $29. But there were only four left at the time - and I reckon by the time I drove into town and tried to exchange, it would be too late.

---

Wal-Mart ran into a few glitches.  Their web site was down part of the day - and very slow, others

---

It will be Monday afternoon before we get any kind of decent picture of how sales went.  My guess is fair to good.  But Cyber Monday is now competing for attention as online shopping coupled with great delivery options from FedEx and UPS (the biggies) is a much easier way to deal with this time of year.

 

Dollar Watch

This email from a reader in France is of interest:

"I'm a neurologist from France. I still haven't made my mind up about the web bots, mainly because I don't understand the technology behind it. But I surely would submit one prediction as qualifying for an absolute hit : in the November 12 subscriber report, you have written that the dollar would begin it's decline on November 23. And I couldn't believe it : yesterday we heard (in the media) that the dollar had resumed its decline, nearing 1.30 (in Euros). Of course, the course of the dollar has been falling slowly since a few weeks but it went unreported in the french media, sharply contrasting with yesterday. And today it's done, the Dollar went over the 1.30 Euro mark. So in France it seems that Nov 23 marks the date where the dollar went back to headlines !

 

I hope the quake prediction won't hold but I'm looking a bit more to the USGS page ..."

Yeah, ain't it interesting how we can get such a good pick - like dollar decline starts now - so far in advance?  At some point, it becomes obvious that we're doing way better than chance.  Oh well, skeptics about.

 

As to the headlines, here's a typical one "Markets rocked by sharp slide in dollar" which appears in the Financial Times today. Another reader sent in a note captioned "Gold chart breaking out" with a link to this chart

 

Poisoned Spy

Turns out the former Russian spy who was killed may have been offed with something called polonium 210.  If you're real quick, you've probably figured out by now that this was not your casual hit - last time I checked polonium was only available from "official sources" and Kremlin denials of involvement sure do ring hollow.  I don't see polonium listed in the Cheaper than Dirt catalog...

 

Importance of Symbols

We see that British Airways has decided to "rethink" its decision to bar a check-in agent from wearing a small gold cross. I keep an eye on stories like this one - and the ones recently about Muslim women wearing scarves, too - because they're about symbols and self-branding.

---

Self-branding is of interest because it competes most times with corporate branding.  In the latter, there's nothing in it for shareholders. Self-branding denotes tribal membership or an affinity group, and there's a ton of self-branding materials out there.  Certain colors of bandanas, the leather wallet on a chain, a certain fingernail color - all tribal symbols.

 

The challenge for corporations is how to put their symbols ahead of affinity group/self-brands.  Most folks don't think about it deeply, though.  If you have a golf shirt and it has some kind of animal crest, well, that's just that.  Or jeans with a certain sticker/patch/whatever.

---

I don't generally wear branded clothes, car-badge jewelry, or other corporate symbolism that's sold for the reason that I don't want people to know what's going on in my head.  I also don't wear self-branding symbols either.  I'd rather if people wonder, they just ask.

 

Peoplenomics: End of a Great Ride

In spite of the Dow zooming off to new all-time highs this last week, we noted in this week's ChartPack that on a purchasing power basis, which is to say "corrected for effects of inflation", the Dow has only retraced 70.7% of its all-time high which was posted in 2000. Now, we are seeing a number of indicators that give us cause for serious concern and caution. Besides our "pan Pacific Earthquake" warning, issued on Friday of last week, economic fractalist Gary Lammert is warning that "22 November 2006 is the ideal final saturation day for the Wilshire secondary to its March 2000 all-time high." And if that's not enough, the UK, Japan, France and Oztralia all managed to post declines last week; meaning the Global Index which was "up" overall, was looking "toppy" as well. Oh, and then there's the matter of the 15-18 week cycle down period picking up momentum this week, as sort of icing on the cake. (If you like more conventional "icing" then note that the Bank for International Settlements says derivative trading in the first half of 2006 totaled $370- TRILLION dollars, which we'll get into in a moment...)

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Bookstore

Check the Peoplenomics Bookstore later on in the week - I should have Michael Flagg's new book "Catastrophic Abundance" up.  Also, my new quickie course on advertising.

 

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If you enjoy this site, please tell your friends that it's updated every day except Sundays.  (If you use Outlook or Outlook Express, you can click here to send them a message.).  This site is mirrored at www.independencejournal.com and on Wednesdays, we're pleased to offer (courtesy of www.dailyreckoning.com ) the Mogambo Guru's comments - he's called "The Angriest Guy in Economics" but that's a medication issue

 


Friday Nov. 24 2006

Shop Till You Drop!

"On Spender! On Sale! On Credit Card Vixen!"

"On Checkout! On Thanksgiving Leftover fixen's!"

---

"He yelled to his posse, and sprang to his ride"

"And a way they all rolled, like a gang to the hide"

---

"But I saw their sign as they rolled into the night"

"It's Christmas homey...yo man, that's right!"

 

OK, so if you get the feeling that Wii are a little lacking in the Christmas spirit out here in the woods of East Texas, you might be onto something.  Stories that catch my eye this time of the year include things like the debate about whether the Victoria's Secret shop in Livingston County (Michigan) is not...er...keeping enough secret. Or, the report that Nelly Furtado turned down a half million dollar photo shoot for Playboy

 

But, if those bare facts and figures aren't interesting or your style, then a click over to Bart's "Long Term Inflation Picture" at NowandFutures.com might prove more your speed.  Gold & silver are doing just fine this morning, by the by.

---

OK, down to bidness, bro.  This is Black Friday - called Black Friday because the results of today help point whether retailers will end the year "in the red" or "in the black."  A triumph of preconscious marketing by accountancy world, don'tcha think?

 

The whole frenzy is neatly summed up by this ABC report.  To avoid some of the traffic, we recommend a trip to www.bfads.net to check the deals.  That 54" projection TV at Wal-Mart for $454 sounds interesting... But enough!  The news drones will be going on all day about this, not to mention tomorrow - and the day after, too.  So let's move on...

 

Spy Dies

A Russian spy, who claims the Kremlin poisoned him (which the Kremlin denies - of course!) has died says "The bastards got me, they won't get us all..."  Why do you think the Kremlin would want to "get" this fellow?  The Russian media outlet MosNews sums up the case this way:

"He was referring to allegations he made in a book, The FSB Blows up Russia, which accuses the Russian security services of causing a series of apartment block explosions in Moscow in 1999 that helped to propel Vladimir Putin into the presidency."

Something Wicked

...might be coming this way.  Our index of the word "shortage" has just hit a new high.  Check it out:

 

 

Admittedly, this may - or may not - be meaningful.  Could just be a search engine cache hasn't been cleared lately - but then again - there could be more to it.

---

A couple of readers have asked: "Was the 5.0 earthquake in Hawaii Thursday morning the pan Pacific quake your web bot pals have forecast?"  Heck no.  If they're right about this 9.5 kind of event, you won't be asking about any piddling 5.0.  Or, to put it another way, if you're standing, that wasn't it.

 

Iraq Bloodbath.

Another one - 160-dead this time - and timed, we expect - to get as much media attention on Thanksgiving Day as possible.  Which it seems to have done.

 

Watching the Watchers

Not too much attention in MSM (mainstream media) but a big story out in the Providence Journal this morning: European regulators have ruled that the SWIFT - the global bank money moving service - violated privacy rules by giving banking information to  EU counterterrorism investigators.

 

Thank You

Our neighbors across the road had us over for turkey yesterday - we still haven't gotten around to doing the one in our freezer because of so many projects going on around the ranch. Turnabout being fair play and all, we're lining up prime rib for Christmas.

 


Thursday Nov. 23 2006

Nervous in Hawaii

A reader just popped in a note that Hawaii had a 5.0 earthquake today - click here for details.  Not the kind of BIG event we were expecting, but the window is till December 17th.

 

Meantime, our seismic spy in the Pacific Northwest sends this:

"Happy Thanksgiving George

Today's seismic observations:

Western WA mts are still showing high, constant activity

Check this graph out---- Hood Canal School is showing a rather suspicious pattern. Notice that the action comes in exactly 3 minute bursts, all 14 minutes apart. Looking back the last five days, I notice the same type of pattern though not so blatant as today. Nature can be sooo accurate sometimes! huh?

 

Guess it COULD be the school boiler kicking on and off, or the automatic urinals flushing in unison!

 

Know of any seismic experts who can explain the steady, heavy vibrations occurring in the Olympics and down towards the Columbia River these past few days?  The seismograms have been going nuts this week.

 

I'll be stuffin' myself today.  Could be the last big meal on my wife's fancy china!"

We certainly hope NOT.

 

A $388-Trillion "Gift"

Bob over at www.321gold.com apparently has had amore coffee than me today.  He correctly pointed out that in our earlier story on derivatives, the total market size, not the trading volume was $370-trillion during the first half of this year.

 

Sure enough, a trip to the BIS web site reveals that...

"The volumes outstanding of over-the-counter derivatives expanded at a brisk pace in the first half of 2006. Notional amounts of all types of OTC contracts stood at $370 trillion at the end of June, 24% higher than six months before (Table 1).1 Growth was particularly strong in the credit segment, where the notional amounts of outstanding credit default swaps (CDS) increased by 46%. Rapid growth was also recorded in other market segments. Open positions in interest rate derivatives rose by 24%, while those in FX contracts expanded by 22%. Equity and commodity contracts grew at 17% and 18%, respectively. Gross market values, which measure the cost of replacing all existing contracts and thus represent a better measure of market risk at a given point in time than notional amounts, increased by 3% to $10 trillion at the end of June 2006."

So that's market size, not turnover.  So, when you read headlines such as Bloomberg's "Derivatives Trading Soars to $370 Trillion, BIS Says", that it's just market size that's up 25%.  Therefore, another 25% in 2H would put the market size at $462.5 trillion - which is just 7 ½ times Global GDP.  In the words of the Mogambo Guru, "We're freakin' doomed."  Just not for a few more hours...we sit (more awake now) corrected.

 

Happy Thanksgiving

My first item of business this morning is to wish you and yours a very Happy Thanksgiving.

 

My second item is to watch the price of gold and the rest of the precious /platinum metals group (PGM).  The reason?  A couple of things.  First, platinum was very frothy earlier this week and usually, if there is a run on one of the PGM's, the rest as somewhat dragged along by the renewed interest.  Gold has been edging up, as has silver.  

 

There's more to this than just the price of the PGM's, though.  If you look at the chart of the US dollar versus the Euro, you'll see - as we have been predicting for some time - that the value of the dollar has been declining recently and I fear this may be the start of "The Big One" which could see the dollar seriously whacked (e.g. a decline of >50%).

 

Our friends with the time-predicative software have made repeated references to the collapse of the dollar (along with lots of other paper assets) but scanning the future using subtle changes in linguistics is not exactly CNC machining.  There's no book at Amazon - or anywhere else - we can find.  So this is invent as you go territory.

 

The "tail wagging the dog" in financial markets is derivatives, which I figure will come in - at current rates - with a turnover this year that I'm guessing will come in around $788-trillion this year, a forecast that raised a question from a subscriber.

"Hi George-- Please clarify. I'm left in a state of confusion. Yesterday, you said derivatives were 788 trillion, then you said it was 370 trillion. Which is it? Thanks!"

I referred the reader to the BIS report out last week:

Derivatives trading was $370-tril in the FIRST HALF OF 2006. Thus, the annual rate, no growth would be $740-trill whole year. BUT, because second half likely to also grow at 25% +/-, the total annual run rate will be $370 (first half) plus ($370*1.125 [half a year of 25% Yoy growth] = $416.25+370= 786.25 plus a tad for compounding,...

Hope this helps?

Yes, I could make the forecast more precise, but to what end?  It's going to be what it's going to be and despite all the promises of traders that "we'll make things better" we're stuck on the fact that the "bets" on the global economy are about 12-times the annual GDP of the whole planet.

 

Investment Goldmine

It's not too often that I spot a conference that I'd like to attend, but there's one coming up next week that screams for attention. 

"PRSA Silicon Valley Announces Tech Media Influencer Blockbuster Event: "Media Predictions 2007"

 

Sending out the Old and Bringing in the "News" for '07 Will Be the World-Leading Correspondents and Editors From CBS News, The Economist, Fortune, InfoWorld, Red Herring, San Jose Mercury News, USA Today, The Wall Street Journal

.At $65 bucks it sounds like a great deal.

---

One of the questions I was asked during my television interview back in August which should air this winter (more when the air date is set) had to do with why people are so interested in the future.  I made the point that everyone runs around with their close-to-the-vest ideas about what the future will bring.  Even the most fervent denier of being preoccupied with tomorrow will admit that they wouldn't be buying this stock or that unless they had a clear vision of the stock price going up or down -- and that implies a belief set about the future.

 

This PRSA event (that's the Public Relations Society of America, if you're not initially awake yet) would be very interesting because it seems likely to be a great "current events projected" meeting.

 

The future we see, using different means, will be anything but more of the same, because there's such a high chance that Ma Nature will intervene (see our pan Pacific Earthquake Warning, if you haven't already). Will the "big one" in the linguistics be the end of life?  Hopefully not.  More likely?  The outcome of 2007 will be somewhere between where the PRSA expert panel puts it next week, and whatever the combined exogenous forces mount in the way of an assault on expectations..

---

Predicting the rate of inflation and the level of the Dow should become even more of a crapshoot than it otherwise would be with hedge funds and the Plunge Protection Team messing about.  That's because as the dollar declines in purchasing power, there's a case to be made that the Dow could actually go up, not down, as a result.

 

The dynamic would work something like this:  Suppose for a moment the dollar and Euro were equal.  A foreign investor buying $1 of asset would pay 1 Euro.  Now, let's drop the dollar's purchasing power in half.  A foreign investor buying what was formerly $1 would be able to pay up to $2 because of the currency swing.  So, while the asset  looks like it is increasing inside the US, the grand illusion is that viewed externally, the asset has the same value, it just takes more dollars, but the same number of Euros to buy it.

 

Confused?  OK, try this:  You want to buy a new flat screen LCD.  $150 today.  But if the value of the dollar is halved, the US company will have to give twice as many dollars to the foreign builder of LCD flat screens, so the price you see would double.  $300.

 

What happened?  The foreign maker saw the purchasing power of the dollar drop, so he demanded twice as many dollars.  He doesn't get rich - if anything, he just treads water by some external measurement (like gold).  But, you - as the consumer in the USA - see prices go up and you think "Aha!  Inflation!"

 

And that's the whole thing to keep in mind.  If the dollar truly tanks, the cost of things brought into the USA will skyrocket.  In economics, and rocket science, for every action, there is an equal and opposite reaction.  So the dollar being cut in half doubles the cost of imported goods, and this in turn might light off inflation.

 

That's where most people are missing the point of the Fed deliberations.  I expect the Fed to raise at their December meeting.  Why?  Because if we raise the rent paid people to hold our debt instruments, the value of the dollar is propped up.

 

Thus, in a quirky way, it could be argued that by raising the discount rate, the Fed will be working to maintain the value of the dollar.  And that would be anti-inflationary.

 

Of course, we already know it won't work, but that's the edge our linguistic friends give us.  Which is why we hold physical gold and silver (albeit pathetically little, sadly) as a poor man's hedge. If the US dollar purchasing power overseas is halved, that would imply a $1,300-1,400 price for gold.  At the same time, though, the derivative world would be blowing up and how that works out is already a given to anyone who has studied the Great Depression of 1929-1945.

 ---

Not too much in the way of headlines that are fresh/worrisome, so I'm off to get the chickens fed and then onto what should be close to 3½ full days of working on my new office and wiring up the shop for the welder...the list of items to do at the ranch seems to never end.

---

Returning to the main point of today:  Have a wonderful Thanksgiving, and take a moment to give special thanks for for those who defend and uphold the Constitution and the Bill of Rights - the remains of which are still worth fighting for.

---

We will post an update if the predict earthquake or any other breaking news occurs, so do check back now and then.  Our Friday morning edition will be published right on time, we expect.

 


Wednesday Nov. 22 2006

Meantime, Back at the Revolution

Just as we were thinking "Oh, it's OK not to worry about things, a holiday is at hand!" along come some headlines and a few confidential emails that slap me back into reality.  Specifically, I'm watching the events in and around Mexico's simmering revolution-to-be and asking "How long before the mainstream media catches up to this?"  A couple of data points:

Something not garnering too much attention on US corpmedia was the symbolic inauguration this week of Lopez Obrador, whose supporters claim is the real president-elect. 

 

My expectation is that Mexico's internal politics will come to a full boil as the Calderon inauguration gets closer.

 

Bush Purse Missing in Argentina

The New York Daily News reports this morning that first daughter Barbara Bush had her purse swiped on her first night in Argentina. We have to imagine the Secret Service detail on this one is getting the dickens of a ribbing for this security lapse.  All this as commentary around the web focuses on the question "Why the Bush family would want a 100,000 acre ranch in South America."

 

Time To Market

We read with interest how the auto industry is looking at ways to keep drunks from being able to start their autos.  But, at the same time, when various transportation officials say it 'would be at least a decade' before such devices are fleet wide, we have to pinch ourselves.  The "BS meter" goes full-scale on this one. When a new technology comes out (think CD players) it only takes a year or two for the new tech to make it into cars. 

 

The real answer?  This is a replay of the seat belt debate.  When it comes to safety, the American driving public has no common (or otherwise) sense.  The Mothers Against Drunk Driving campaign only seems extreme if you have covered a few fatal car accidents as a reporter, or lost a loved one to some drunk.  Invariably, it seems the drunk drivers survive and the victims end up dead.

---

What's odd to me in all this is that everyone is back to thinking "inside the box."
  While it's true that a 'blow-to-go' ignition system would be useful, my own (slightly out of the box) preference would be for a "reaction time" device.  Something that would not enable you to start a car until your reaction time was under a ½-second two or three times in a row.

 

Think about it:  What little I've learned about driving (Yeah, I've been through a Skip barber course) is that reaction times are everything when it comes to being in control of an out-of-control situation.

 

"Blow-to-Go" misses a lot of people who should not be on the road.  People who are too tired to be behind the wheel, folks who due to their age can't pass a reaction-time test, and folks who are drug impaired.

 

Odds are, some kind of "blow-to-go" will be around in 10-years, or so. But too many folks don't wear their seat belts  now - "It wrinkles my clothes" - and I expect it will take no time for someone to figure out a little device that would take a compressed air can, such as you clean your computer with, and make a "blow-to-go" work around, and then sell it on eBay for $49.

---

With millions of us taking to the roads for the over-the-river-and-through-the-woods deal, I'll sit back with my coffee this morning and not bring up my idea for competency-based drivers licenses.  Under this scheme, you would have varying speed limits, depending on your class of license. Naturally, with some race track time to learn driving at the edge, where CPR is the formula for controlling a skid [control the vehicle twist, pause while the suspension loads up, and then recover], a person with under 1/2 second reaction time might earn an unlimited license. 

 

Flunk a skid pad, have one-second reaction times, and you get a "yellow" sticker on your car, limiting you to say 35 MPH on two-lane roads and 55 on multiple lanes.

 

Something to dream about, huh?  I'll just put it in the same box with my "wind corrected speed limits" idea, which recognizes that wind is the major determinant of high speed mileage, so if there's a 20-mile per hour tailwind, why not tack 20 MPH on the speed limit?  Or, on some of the wide-open 75 MPH highways, if there's a 20 MPH headwind, drop the speed back to 60.

 

Oh, and make 5-poiont belts mandatory, or allow 3-point belts only under "yellow license" speeds...   By now, you no doubt see the reason I'm not a transportation planner, and prefer economics, right?

 

Ethanol Costs

Speaking of driving and such - There's a report that global ethanol production is driving up food commodity prices. 

---

Yes, now that the election is long-gone, gas prices are going back up.  Told yah! OK, lower than last year, but still headed which way?

 

Google Stock

Rose above $500 for the first time yesterday.  Snicker.Snicker Snicker Snicker Snicker

 

"What's so funny, George?"  Oh...uh...when I Googled "google stock" the first listing referenced http://finance.yahoo.com/q?s=goog  Hahaha!  Snicker

 

Fusion Plan

30-countries have signed a deal to come up with $13-billion (plus or minus a small country's GDP) to build a fusion reactor.

 

Lebanon Weeps

The killing of a cabinet minister in Lebanon has Lebanese fearing more bloodshed to come.

 


Tuesday November 21 2006

Middle East Motion

Wouldn't you know it?  Just about when it's time to roll out the turkey & trimmings, the State Department Middle East Section has to be going into fits of overtime trying to stay ahead of subtle moves which seem poised to hijack US influence in the region.  A couple of data points to watch closely:

The initial take on this, figures Matthew Stannard of the SF Chronicle, could be in America's interests

 

Be that as it may, and despite reports that the CIA has not found conclusive proof of an Iranian nuclear arms project,  I'd still bet a double shot of branch water and flavored ethanol that the neocons won't easily abandon their "nuke 'em while we can" chant.

 

Turkeynomics

It's likely that Elaine and I will do our Thanksgiving turkey today. Four reasons come to m ind: First, I'm expecting the web bot big earthquake prediction to come true after the holiday.  Secondly, all of our kids are too busy to visit. Thirdly, we love leftovers.  And fourth: The neighbors across the road invited us over for turkey (and a football). So, with any luck, I'll be gobbling today.

 

The American Farm Bureau has come up with some notes about the cost of the typical Thanksgiving Day feast.  They figure feeding 10 (which would be about three of me) will cost $38.10 this year, up $1.32 from last year.

 

As best I can figure, that's a 3.58% increase compared with last year. Remember that: 3.58%/

---

Now let's go flip over to last week's Consumer Price Index (CPI) report from the folks at the Bureau of Labor Statistics.  Blah, blah, blah...Ah!  Here it is:  The government's unadjusted 12-month (CPI-U, or CPI-W, take yer pick)  food and beverage increase is reported as 2.6%.  How can that be?  The turkey dinner experts figure 3.6% - and there's no way pork, beef or chicken cost less by our receipts.

 

Could it be the government figures are under-reporting inflation by at least 1%?  Who would have imagined? 

 

Peak Peek

Now that we're in what a few good guessers expect will be the peak of this market cycle, I look for the report that will sober up the wildly bullish crowd on Wall Street.  Not surprising, the Monday report that "Home Sales Plummet in 38 States in 3Q" didn't even cause a tick. Investors are anxiously awaiting the day after Thanksgiving to see how free consumers will be with the last bits of home equity they were able to squeeze out before rates turned back up. That gets us to...

 

The Black Friday Outlook

Not that we need much at the ranch, but in lieu of heading to the malls in Tyler, or even more distant places, we can sit online and read collected ads at http://bfads.net/ which seems to be (I love this) an all advertising site. Not that we need pages of ads online to tempt us to part with some hard fought cash: Between the Cheaper Than Dirt catalog and the monthly gentlemen-farmerly hardware circulars from Northern Tool and Harbor Freight, we have a sort of "endless cash drip."

 

Still, there are two schools of thought about what Friday will bring.  The Motley Fools advise the wise that a lot of Friday "bargains" are not, really. Especially, if you don't need something, I suppose. But, there's also lots of speculation about what Wal-Mart "deals" will be Friday - and some of them in the past have been real winners.

 

Agreeing with Reno

Former Attorney General Janet Reno is among a group of former Justice Department officials filing papers against the Bush administration for taking terrorism suspects out of the American legal system and putting them in, well, not sure how to describe it.  Dangerous thing figures Reno.

 

I'm not sure how to read this.  Part of me says "Good for Reno!"   But, there's this other part that says "Janet "Waco" Reno is saying this?  Didn't you read about David Limbaugh's book "Absolute Power"?  Try this on for size: "Bill Clinton and Al Gore consistently saw the courts as a means to achieve political ends. With Janet Reno as attorney general, they gave the United States the most politicized justice department we have ever endured. Instead of disinterestedly pursuing justice, America’s federal lawyers became tools to give the president and the vice president of the United States absolute power: "

 

So, whether Reno is sincere in her filing, or whether this is just Hillary-leaning populism is something I won't think about for more than another second...at most.

 

Cokesta Rica Sub

The cleverness of coke smugglers is sometimes impressive.  A 45-foot submarine with 3½ tons of coke onboard being seized in Costa Rica is the latest example.  We'll skip past the question of why the US was apparently in Costa Rican waters, and go right to the new meaning of "blow the man down."  Speaking of subs...

 

Miyazaki Message?

A Japanese sub collided this week with a civilian vessel while surfacing off Miyazaki. Who cares?  Well, let me 'splain you - there's more to this than meets the eye:

 

Universe seems to present curious eddies in the fabric of space-time for our unending amusement.  Miyazaki stories seem to be messaging us at some preconscious level that it's all about trying unsuccessfully to sink things this week.  First Tiger Woods couldn't sink golf balls there, and now this sub story - again, not sinking.  Now ask yourself "Why Miyazaki? Is this supposed to be some heads up for the ultra-aware?" 

 

If that's not enough conflict (Zen versus caffeine) try this one...

 

Mark December 22

"Why should I mark December 22 on your calendar?" you're asking yourself.  Ha! Check it out grasshopper:  "Anti-War Activist Plan 'Global Orgasm for Peace" on that day. Peaceful orgasms?  Got to think about that meme...

 


Monday November 20 2006

Message From Japan?

While our fractal whiz Gary Lammert says tomorrow is the perfect completion of the run-up since July (and longer, perhaps) we might be seeing the global stock market Super Bubble beginning to let off a little steam in Japan; perhaps a global precursor?

 

The broad TOPIX was down 2 ½ percent overnight.  While the Nikkei 225 fared better, it was only because of the "flight to safety" (to big name stocks) that accompanies panic in herds of investors. A little more reasonable explanation is the extremely troubling report from the Bank for International Settlements that derivatives trading globally is up 25% Year on Year (YoY) and, as I told Peoplenomics subscribers in this weekend's report, the shocker is that the notional value of the derivatives turnover this year will be (hold on to you coffee) 11½ times all of the money made on earth this year. 

 

In other words, Global GDP will be between $60.6-trillion and $61-trillion [plus or minus a small country or two] this year while the derivatives turnover will top $750.  The People's Economist's private book estimates the DT's - derivatives turnover not to be confused with the other DT's - delirium tremens - will hit US$788.1-trillion to - $792-trillion, or twelves times the planet

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Of course a much simpler alternative explanation comes to mind as we review the Japan trading data from last night:  There's the possibility that the Japanese markets were merely expressing their profound disappointed that Tiger Woods was defeated at Miyazaki this weekend.

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Another "message from Japan" I suppose, could be read into the launch in the past week of the new Sony PlayStation 3 console and this weekend's [tamer] launch of the new Nintendo. I'm not sure what the message might be.  I keep waiting for someone to develop a game that will run on either and will also plug in to those massive multiplayer games like "Second Life."  Why would I be wondering that?  Because my friend Dr. Pete Makiewicz says the online world is where the real action will be:

"George - console games are a declining trend, online trends are growing fast. Online games like Second Life, WoW, etc. are where the action is - and the possible consequences for the world economy.

* Check the Reuters newsfeed from inside Second Life - http://secondlife.reuters.com 

* One of my students cleared $7000 US this past month by doing work inside the Second Life virtual world for other people.

* Top earner in Second Life - $300,000/year US.

* At present, about $500,000 US is spent every day inside Second Life. This is tripled from Jan 2007.

* IBM expands role in Second Life - http://secondlife.reuters.com/stories/2006/11/09/ibm-accelerates-push-into-3d-virtual-worlds/ 

* Top demo is young urban professional, but second is - single moms. Unlike the saturated male "gamer" market, this is an area where growth is possible.

* During Summer 2006 I ran 3 classes inside Second Life, being paid for doing so.

* Giving a PowerPoint presentation in Second Life - http://hacks.oreilly.com/pub/h/5239 

As energy prices make it harder to physically travel, it is entirely possible that online virtual worlds will substitute, particularly since the Millennial gen of kids in elementary and middle school today have grown up with 3D games from birth. It is easy to imagine a future world where physical travel is local, while people work and live (people typically spend several hours a day logged into Second Life and other online games) inside these virtual worlds.

In addition, virtual worlds allow people to have products they won't be able to afford. Virtual clothing is the top moneymaker in Second Life, after that virtual homes, cars, airplanes, etc. It is not hard to imagine marketers shifting consumer tastes away from the "un-environmental" physical product to the virtual one. Imagine people buying fancy virtual homes, cars, etc with a shrinking paycheck - and living with these phantom items as if they were real.

You can link physical devices from virtual characters - nuff said.

I strongly recommend checking out the virtual worlds - this is the "web" of this decade. Second Life  is the most sophisticated from the virtual world view. WoW has the most members (10 million), mostly in Asia.

If you get into the virtual world, look me up - my name there is "pindiespace potato".

Being a would-be professional gambler (I used to play the options game a fair bit) I would love to do the definitive comparison about the growth curves of Second Life compared with the growth curves of the global derivatives market.

 

I never thought I would say this, but online multiplayer games with their internal economies, seem a lot more rational and less dangerous to the humans on earth thank the non-fictional world of derivatives.  Is that how the world now works? 

 

The web bot project which is flashing a huge earthquake warning at the moment, warned some months back that this fall we would see the world transition into a place that's surreal. Now, with drive-bys by gamers, it's as though Grand Theft Auto has scaled to become Grand Theft World...

 

Bracing for Bush

Indonesia is nervous amidst reports that a suicide bomber attack might be planned.  This weekend in Hanoi, W and Vlad Putin signed an 800-page World Trade deal. "So," you're thinking to yourself, "This is how the rich get richer."  Presactly.

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Speaking of big-wigs turned roadies, I have to note that Chinese president Hu is off to New Delhi this week.  I couldn't resist writing the headline: "Look: Hu's going to India..."

 

Iran Centrifuge Count

That double-talking (depending on who they're talking to) leader of Iran now says he wants his country to install 60-thousand centrifuges.  Now, I don't know if you have done the math on how much enriched uranium could be produced by 60-thousand of these puppies, but it certainly makes the head spin...sounds like way more than a few fuel rods in that quantity, though.

 

Henry "Gets Real"

We notice that Henry Kissinger now says a full military victory in Iraq is not possible. Ya think?

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Meantime, in our "That's rich Department" we read that Syria is ready to "help stabilize Iraq." We'll give that a 'Yeah, sure, you betcha..."

 

Ponderables

A few items to ruminate on whether they are real solutions to real problems:

Nurse-In?

Yup.  A national nurse-in at Delta Airline counters is planned for tomorrow after a Vermont woman refused a flight attendant's request to cover -up with a blanket (while feeding), says an AP story.

 

Windows Updates

If you haven't, you might check to see if your computer has installed the five latest security updates to XP. 

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Whenever I put up a story like this, I invariably get neenermail from jubilant Mac and Linux disciples.  Spare me - save it for the first big  Vista Service Pack release, OK?

 


Friday November 17 2006

URGENT:  PUBLIC EARTHQUAKE ADVISORY

For more than 5-years, UrbanSurvival has been reporting on the unique work of a genius-level fellow who has figured out how to use the internet to project high probability future events.  We have accurately nailed significant aspects of 9/11, The Anthrax Attack, Space Shuttle Disaster, NE Power Outage, and the Banda Aceh quakes, along with more recently, the October Hawaii quakes. In fact in August of this year I was interviewed for a documentary which will air this winter and in the interview outlined the October event. Needless to say, the interviewer was impressed when Hawaii "hit."

Now, we offer an urgent warning to the public about the potential for a major earthquake event based on the linguistic shift work going on since 1998 at www.halfpasthuman.com and reproduced here.  Permission to repost this advisory is permitted with links both to this site and HalfPastHuman.

Introductory Note to the reading public:

Our work is based on assigning emotional values in the form of numbers from a scale of our own devising to quantities of conversations lifted from public fora on the internet. We then look for "oddities, outliers, and anomalies" of expression which may or may not occur within the conversations being processed. Through an arcane, complex, and complicated processing through software which we devised, the changes in language around common subjects are extracted and loaded into our modelspace {ed note: Intellicad, CAD program}. Through further jiggery/pokery we tie these extracted bits of language together and then produce forecasts of the emotional outcomes of probable future events. From these emotional outcome summations we attempt to trace back the flow to a cause or source or trigger for the emotional summations received. Sometimes this gets remarkably close to actual manifesting circumstances. But of course, mostly it is wrong.

In reading the text below, please note that the phrases in single quotes are those which arise, in those words, from our processing.

Public Announcement:

Sure hate to do this. The ramifications are not good for anyone. AT THE BEST, we are incorrect, and nothing will occur. NOTE THAT- the best possible outcome is that we are wrong yet again, and will, in 30/thirty days time, slink off to mull over the foolishness of humans, and the self-deceptive capability of the human mind.

However, the worst possible case is that we are correct in our forecast as what we have is a rising amount of 'emotional tension summations' around the idea of a very large pan-Pacific plate earthquake which will involve extensive volcanic activity.

Yep. That's the problem. The most recent processing of the 2/two report streams that we have open at the moment are stating pretty clearly that the recent earthquake activity in the Pacific basin is *not* over. Rather the interpretation of our data suggests the reverse, and that the Hawaii earthquake, the recent 'rising of land' near the island nation of Tonga, and the Kuriel Island 8.3 earthquakes are merely the 'set up' for the next event in which an earthquake in the Pacific plate induces {ed note: from the human perspective} both volcanic activity, and propagated earthquakes on both sides of the Pacific plate.

No, we do not get dates, exact or vague. Our work does NOT involve prophecy. We do not get messages from god or anything approximating that. So we do not get dates for events. We base our emotive quantifiers on a time scale of lunar months, and as the majority of the current indicators for a pan-Pacific plate earthquake are coming from the immediacy value set which has an emotional range of '3/three days out to 3/three weeks' {more or less}, we are of the opinion that the potential for the earthquake event is most likely within the next lunar month or slightly less than 30 days, thus prior to December 17th, 2006.

Our interpretation of the data set is going to a 'newly emerging mountain' as a result of or cause of {ed note: who is to say which is the cause or effect} a large, perhaps 9.5/nine-point-five earthquake in some 'great ocean depth'. The modelspace interpretation suggests that this first event will set off a series of very widely dispersed 'after shocks' which will affect both the east and western edges of the Pacific plate. We note that most of our geographic references are for places north of the equator and thus the idea that this will be a northern Pacific focused planetary change. There are some indicators for volcanoes south to about 9/nine degrees latitude to become active coincident with the 'plate quiver'.

The lexical clues which we have suggest that 'isolation', and loss of both 'power' and 'food' will result. Further there are 'aftermath' indicators for people having to both 'leave/flee low lying areas' as well as 'camping out {on} slippery/slick rocks'. This latter phrase comes from a lexical grouping describing people 'fleeing rising waters' to more height, even at the expense of what is described as 'necessary foods/sustenance'. Further there are threads within this area supporting the idea of 'food drops' to these unfortunates who are having to live on 'weather exposed rocks' amidst 'sloshing waters' long after the earth has 'subsided to relaxation of strain'. There are other indicators that some coastal areas, especially very low lying, now inhabited places which will be 'left to the waters' as a result of this series of 'plate quivers'.

We have more data interpretations, but the astute reader will grasp the general idea from the above extracts. Please note that our reports in total are expensive and we are NOT trying to elicit new subscriptions. Please note that any additional data will NOT tell you anything with surety about your personal safety.....let me repeat that for those who have yet to have their coffee hit their commute dulled brain cells. DO NOT THINK TO BUY OUR REPORTS on the idea that the whole of the report will provide you with any more specific details either timing, or geographic. Save your money or if so inclined, use the funds to get prepared for potential future events. What we have is condensed above. If anything appears within the processing which warrants more discussion it will likely be posted at Geo Ure's site, www.urbansurvival.com/week.htm  or posted here at Halfpasthuman in a publicly available form. Again, this is not a solicitation, rather is offered as a 'for what it is worth'. Further discussions of the data set and any additional information which may arrive prior to the end of December will be posted on Geo. Ure's site should they be meaningful.

What we have suggests that if you are on the west coast of the north American continent, or on the east coast of Asia, or on any Pacific plate based island, that it is likely that you will be impacted to some degree by the suggested events rising from our rather dubious processing and software. What we have suggests that you pay attention now if you are in the affected areas and see to the care and well being of your personal situation so that you may be of assistance to those who will be directly impacted by these earthquakes and subsequent volcano activity.

 Take heart from the fact that we are frequently wrong. After all, no human has any clue about what is really going on in the present, let alone the future, and we are all just guessing our way through life, universe, and everything.

Yes, we have hopes of being very foolishly wrong. However we note with real sadness that our approach to this work actually did catch the pan-global emotional wave which resulted from the Sept. 11 attacks on the USofA, and we caught it in June of 2001. It is this past history which prompts this posting.

Still, here is hoping we are wrong.  

Cliff

Disclaimer: Note this report is offered for entertainment value only. Any resemblance between the events portrayed in this report and any developing reality is purely co-incidental and in no manner represents foreknowledge on the part of the authors of this report.

Note that this information is derived from humans expressing themselves on the internet. As such, human emotional values and the words used to express them are being sampled and interpreted here, NOT THE FUTURE. Any resemblance between this report and future developments is entirely in the mind of the perceiver and does not exist in reality. The Authors cannot be held liable for accuracy of lack thereof in this report. Authors cannot be held liable for human interpretation of this report nor any action any human takes as a result of this report. Any human foolish enough to alter their behavior based on this entertainment-only analysis demonstrates themselves incapable of rational appreciation of reality, and the authors are explicitly held harmless and blameless for any and all such mental aberrations on the part of the reader.

The text above is the usual disclaimer on the ALTA reports. We have need of such as the current social order is very litigious and has an over-production/over-capacity of attorneys. We do not wish to waste the remaining time between now and HK (Hunab Ka) in useless activities in courts involving money which we do not have in any event. Hence, the disclaimer above which covers the material above.


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