Sunday, September 4, 2011

09/04/11 It's not the money



The best things in life are free? That's misleading. In order to fully enjoy family, friends, nature and life, one needs:

(a) time
(b) health
(c) peace of mind

All three commodities are generally available in sufficient quantities only to those with enough money.

26 comments:

  1. SVM - Located an interesting article:

    May 2nd, 2006 - "Silvercorp is not an advertiser, and because of my stupidity we don't own any shares. I would be a buyer on a pull back.

    Silvercorp Metals, Inc
    SVM-T $17.86 Canadian (May 2, 2006)
    47.6 million shares outstanding
    Silvercorp website

    Bob Moriarty
    President: 321gold"

    http://www.321gold.com/editorials/moriarty/moriarty050406.html

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  2. One reason China will not overtake the US in our lifetimes as the greatest nation on the planet-

    http://www.marketwatch.com/story/chinas-latest-pollution-problem-nanpan-river-2011-09-04?pagenumber=2

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  3. "One reason China will not overtake the US in our lifetimes"

    Perhaps, SVM has taken over and cleaned up, built, installed, and paid for waste effluent treatment systems for the mining properties they have purchased. They have also built a world class smelting facility to replace the existing gross polluter smelting facility that existed.

    VE - Companies like VE are also involved in major Chinese markets, providing solutions to wastewater and runoff pollution.

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  4. Personally, I've never understood why polluters aren't punished more severely, either in the US or China. Aren't they basically scumbags that cause more pain, suffering, illness and death than the homicidal maniacs we mistakenly focus on?

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  5. Interesting article in the ft on National Bank of Greece (NBG). Talks about how the smart money is looking to buy into Greece as a discount now. Last comment is particularly telling"

    "NBG doesn’t need a functioning EFSF to survive the next storm, and there have been worse ones between 1841 and now."

    http://www.ft.com/intl/cms/s/0/e4c7e080-d530-11e0-bd7e-00144feab49a.html#axzz1X2ICHZRA

    Also, from last posts, Crown Royal is one of the premier Canadian Whiskey's, like Chivas Regal. They are both blends and very good. Single Malt Scotch's like Glenlivet have a wide variety of flavours and are a great way to spend large stock profits.

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  6. CYD - This company manufactures genset power plants, which according to this article, are becoming more popular:

    http://www.globalenvision.org/2011/08/02/raising-prices-means-reducing-waste-peter-orszag-chinese-water

    http://yaleglobal.yale.edu/content/water-challenges-asia-powers-part-i

    Aside: I bet most people don't realize, water vapor is a climate change gas.

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  7. "Aren't they basically scumbags that cause more pain, suffering, illness and death than the homicidal maniacs we mistakenly focus on? "

    Exclusive of military personnel, approximately 15 American citizens lost their lives to terrorism in the last 12 months.

    How many more thousands died of other avoidable causes and why the fixation on terrorism that's in fact really just a criminal act?

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  8. CP- Point well taken! The EPA should be getting several times the attention/funding we place on the pathetic Department of Homeland Security. All that money spent on airport screening? Probably the largest misguided decision in the past ten years. Of course, in a week we'll be inundated with emotional visual reminders of 9/11, and who cares about a higher incidence of cancer twenty years down the road anyway? (Not to make light of the higher incidence of cancers now showing up in 9/11 responders.)

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  9. In fact, the older I get, the less patience I have with scumbags- in that sense, I can identify with John Walsh of America's Most Wanted, who has undoubtedly used the word 'scumbag' in public more than any other media personality.

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  10. 2nd - Yes, I'm just attempting to get my arms around why our military, the single largest fossil fuel energy consumer on the planet, needs to be in the middle east.

    What's their real purpose?

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  11. As long as I'm on the subject of scumbags- a close second in terms of categories of homo sapiens I'm losing patience with would be ---holes.

    I'm afraid of what might transpire when confronted with a scumbag or ---hole in my eighties.

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  12. CP- Yes. The entire war on Iraq was facilitated by 9/11. In that regard, Bin Laden ----ed up big time.

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  13. But let's not be too harsh. Without a reliable source of oil, Mark would no longer be able to drive 110 mph down the back roads of Sonoma county, or 120 mph on his way to visit his more ecologically-minded bro in the California desert.

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  14. I make up for it by rarely exceeding 90 mph on my to work in the mornings.

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  15. What? 90mph? That's outrageous. LOL, I hope. Other comments re polluters/military I can agree with whole heatedly.

    On whiskeys - Not an expert but one thing I remember is bourbons have a charcoal filter taste that is disagreeable. Had a friend from Kentucky who would diss Canadian cause it had straight alcohol added. (A blend). I tend to disagree.

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  16. 2nd-

    Having spent 7 months + 2 more starting in September, China is a total disaster. I had to travel 11500 miles by train and 9,000 feet vertically to get just a LITTLE bit of fresh air. The pollution is beyond any description.

    China is a complete mess. Total disaster.

    So are the States.

    Like everything else, the next bullish economice surge will take place where we least expect it.

    Chile, Ecuador, Laos, Indonesia....

    Definitely not one of the old "superpowers".

    One is only able to see the U.S. situation from an international perspective. The collective thinking from within the States is that "we have always come together and emerged from significant challenges as we are the most creative and driven nation on the planet."

    I have been traveling internationally nonstop for the past 19 years. In the past, foreign nations have expressed sympathy during periods of U.S. "setbacks".

    Unfortunately, now, they are vocal in their belief that they not only want the U.S. to fail, but they want to completely crush the U.S.

    I think I've told this story before, but just one story...I was in an electronics shop in Hong Kong w/ 3 GE executives. The shop owner ordered us out immediately: Yelling: "Get the H%*L out of my shop! We hope 911 happens to you FUC&%#RS again!!"

    It has gotten progressively worse over the past couple of years.

    Fortunately, per CNBC, the U.S. is still in a pullback in an ongoing bull market.

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  17. jesse- What prompted the shop owner to order the 4 of you out?

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  18. One catalyst for a big short term bounce that I think people r ignoring: greece leaving the EU...this would be hugely bullish for ST sentiment

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  19. Europe crashing - Do ya think higher rates might help? I doubt it, higher rates would make things worse, IMO.

    As tax receipts continue shrinking, wonder how western world governments plan to pay back all their debt? They could cut spending massively or print? I believe they should print if asset prices continue falling and defaults are rising.

    At least as long as foreign governments insist on buying our debt, we should be printing.

    Looking for that TBT entry...

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  20. Jesse -- what motivated your constant non-stop traveling for the past 19 years? I am just curious...

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  21. Josef Ackerman, Deutsche Bank’s chief, said its beginning to feel like 2008 all over again.

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  22. Or it could be 1987 all over again.

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  23. Whatever it is, the trend has changed and being flexible in approach I change with changing conditions.

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  24. dude not cool germany index at july 2009 levels

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