Sunday, January 25, 2015

The Peanut Gallery

Statements, comments and forecasts that have no substance, but just might turn out to be relevant.

1.Russia is in crisis, but if anyone thinks Vladimir Putin will have his tail between his legs, they are mistaken. If anyone believes that the Ukraine sanctions had any effect on Russia, they are mistaken. If anything, all it did was add oil (?) to the fire. Russian troops are taking up positions in Eastern Ukraine accompanied by armour, artillery and missiles. They have taken control of the Donetsk airport and have laid down a bombardment of Mariupol, killing at least 30 "civilians". Add to that, in spite of an unbalanced budget and a crash in Russian capital markets, they have been selling oil and purchasing gold in large amounts. COMMENT: Red light blinking! Follow the money.

2. Greek Prime Minister Antonis Samaras called the leader of Greece's anti-austerity Syriza party, Alexis Tsipras, to congratulate him on his party's success in the country's Jan. 25 parliamentary elections, Reuters reported. This is an anti EU party and a possible indicator of whats happening in the peripheral countries of the EU. COMMENT: Orange light blinking!

3. So the mayor of Paris insists that "no-go zones" don't exist in Paris. Possibly she might want to check that theory by accompanying any Orthodox Jew to any of at least five areas in Paris without a police escort. This would be an excellent article for the satirical newspaper "Charlie Hebdo". COMMENT: The liberal media continues to push the theme that "Not all Muslims are terrorists". They are correct. However they should balance that view with "All terrorists are Muslim". 

4. Jared Dillian: I think the scary thing about present-day markets is that you have fewer experienced traders in charge. In an age where 50% of stock market volume is algorithmic, it’s young folks with math and physics degrees who are building these models and who have no sophisticated understanding of actual risk, the kind that cannot be mathematically modeled. They probably think they’re superior to people like me because they know math and I don’t, but when you’ve traded two of the biggest bear markets in the last century, you begin to learn that the market has a much bigger (and more malignant) imagination than you. COMMENT: There is no such thing as hi-tech methodology in markets. Anyone with healthy and logical instincts can invest in a market and make money.

5. The parade of top tech companies planting their flag in Israel continued Thursday with the report that online retail giant Amazon was set to buy Israeli semiconductor development firm Annapurna Labs. Located in Yokne’am, the company has been operating in stealth mode since 2011, and has 90 employees. COMMENT: GO ISRAEL!
Read more: http://www.timesofisrael.com/sources-amazon-set-to-buy-israeli-hardware-firm-for-350m/#ixzz3PeSALL9k

6. Raymond Ibrahim: On January 6, Abdel Fatah al-Sisi became the first Egyptian president ever to visit the St. Mark Cathedral during Coptic Christmas Eve Mass and offer his good wishes to the nation's Christian minority. Because Islamic law bans wishing non-Muslims well on their religious celebrations, all previous presidents -- Nasser, Sadat, Mubarak, and of course Morsi -- had never attended Coptic Christmas mass. COMMENT: A Major historical act in Egypt by a true Muslim Leader. Kolhakavod! Read more http://www.gatestoneinstitute.org/5125/el-sisi-coptic-christmas

7.. A rare frilled shark, whose species dates back 80 million years, was caught in a fishing trawler off Australia's coast. The shark, which reaches about 6 feet in length, has 300 needle-shaped teeth in 25 rows and it is believed to capture its prey by bending its body like a snake. This particular shark was nearly as large as they grow and caught at 2,296 feet below the surface, the association said. COMMENT: Take a look at this baby. http://www.foxnews.com/world/2015/01/21/like-horror-movie-rare-frilled-shark-caught-off-australia/

It often takes more courage to change one's opinion than to stick to it - Georg Lichtenberg

Whenever you find yourself on the side of the majority, it is time to pause and reflect - Mark Twain


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