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Brewer Picks Up Second-Consecutive GSC Player of the Week Honor

first_img Print Friendly Version Brewer averaged 16 points, 11 rebounds and 5 assists with two double-doubles at Valdosta State and at home against Montevallo last Thursday and Saturday. The Huntsville, Alabama native became UWF’s career rebound leader at VSU, surpassing former teammate Katie Bobos’ 1.006 total. Brewer now has 1,021 and ranks just outside the GSC all-time top 10 in 12th place. Brewer currently leads the GSC and ranks seconds nationally with 10 double-doubles. She is eighth in the country with 11.8 rebounds per game and is 71st in scoring at 17.2 points per game. That is also second in the GSC. BIRMINGHAM, Ala.– UWF senior women’s basketball standout Toni Brewer was named the Gulf South Conference Player of the Week by the league office on Tuesday, picking up the honor for the second-consecutive week.center_img UWF (10-3, 4-2) will return to action this week with a road swing through the Mississippi schools, beginning Thursday at Delta State (9-4, 4-1). Tip-off at Sillers Coliseum is at 5:30 p.m. This is her second weekly award of the season and the tenth of her career.last_img read more

High school bowling: Airline teams continue to roll; Benton boys win

first_imgThe Airline girls and boys teams continued to roll in high school bowling action Monday at Holiday Lanes. In other girls matches, Loyola defeated Bossier 23-4 and Byrd edged Benton 15.5-11.5. Bree Lewis led the Bossier girls with a 361 series and 140 game.  Channing Kelly led the Bossier boys with a 304 series and 122 game. Aysia Evans led Parkway with a 362 series including a 132 game. In other boys matches involving parish teams, Benton downed Loyola 21-6 and Byrd defeated Bossier 27-0. Max Mendones had Airline’s high game of 225. Cody Shows had a 184 high game. Gage Moore led the Airline boys with a 600 series, the best of the day among all bowlers. That included a high game of 213. Zach Roden had the Benton boys’ high game of 208. Jacob Gafnea, who had the high series, and Ben Miller had high games of 186 and 185, respectively. Paris Mendones led the Airline girls with a 568 series, including a 234, the high game of the day among all bowlers. Trista Quinley bowled a 201 high game and Jayda Ellison had a 178. Caitlin Lawrence paced the Benton girls with a 478 series including a 167 game. Alexa Guajardo had a 140 high game and Michaela Celichowski bowled a 124. The Lady Vikings improved to 7-0 with a 26-1 victory over Parkway. The Vikings raised their record to 6-0 with a 21-6 victory over Captain Shreve. NOTE: Results courtesy of Holiday Lanes.Perfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoNews gadgetThis watch takes the whole country by storm! it’s price? Ridiculous!News gadget|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoAspireAbove.comRemember Abby from NCIS? Take A Deep Breath Before You See How She Looks NowAspireAbove.com|SponsoredSponsoredUndoCelebsland.com9 Celebrity Before-And-After Plastic Surgery DisastersCelebsland.com|SponsoredSponsoredUndolast_img read more

Jeb Bush invites Vols fans to tailgate

first_imgKNOXVILLE — Ever dreamed of tailgating with a presidential candidate?Republican presidential candidate Jeb Bush will be in Knoxville this weekend.Republican presidential candidate Jeb Bush will be in Knoxville this weekend.Now’s your chance.Former Florida Gov. Jeb Bush, a Republican, will be in Knoxville this weekend for Tennessee’s game against No. 19 Georgia, and he has invited the public to join him for some tailgating.[tweet https://twitter.com/JebBush/status/651880949882327041%5D“With the start of college football season, Jeb’s taking his campaign to the field to build grassroots support ahead of the SEC primary in March,” reads Bush’s campaign website. On March 1, eight Southern states, including Tennessee, will hold primaries.The invitation asks fans to meet Bush, “learn how you can get involved (with the campaign) and maybe even take a few selfies.”Bush previously attended a South Carolina-Georgia game in Athens, Ga. He’ll see games in Tuscaloosa, Ala., and Starkville, Miss., before the season is over.“As a successful conservative governor from an SEC state, Jeb’s looking forward to competing in the SEC primary and bringing some fun to the process,” reads the Bush website.Bush served two terms as governor of Florida. His campaign has asked fans interested in attending to RSVP on his website.Reach Matt Slovin at [email protected] or on Twitter @MattSlovin.last_img read more

Tall and old or dense and young: Which kind of forest is better for the climate?

first_imgArticle published by Morgan Erickson-Davis carbon, Carbon Sequestration, Climate Change, Environment, Forest Destruction, Forests, Global Warming, Global Warming Mitigation, Green, Logging, Rainforest Destruction, Rainforests, Research, Temperate Forests, Tropical Forests Paul Koberstein and Jessica Applegate are editors of Cascadia Times, an environmental journal based in Portland, Oregon. Scientists say reforestation and better forest management can provide 18 percent of climate change mitigation through 2030. But studies appear to be divided about whether it’s better to prioritize the conservation of old forests or the replanting of young ones.A closer look, however, reconciles these two viewpoints. While young forests tend to absorb more carbon overall because trees can be crowded together when they’re small, a tree’s carbon absorption rate accelerates as it ages. This means that forests comprised of tall, old trees – like the temperate rainforests of North America’s Pacific coast – are some of the planet’s biggest carbon storehouses.But when forests are logged, their immense stores of carbon are quickly released. A study found the logging of forests in the U.S. state of Oregon emitted 33 million tons of CO2 – almost as much as the world’s dirtiest coal plant.Researchers are calling on industry to help buffer climate change by doubling tree harvest rotations to 80 years, and urge government agencies managing forests to impose their own harvest restrictions. In 2007, Richard Branson, the British business magnate, offered a $25 million prize to anyone who can invent a device capable of removing significant volumes of carbon dioxide from the atmosphere.Andy Kerr, a noted Oregon environmentalist, drew a picture of a tree and sent it in. After all, a tree performs the job of sucking carbon out of the air far better than any technology yet devised by humans. But Kerr didn’t win, foiled by contest rules specifying the winner must be the inventor of such a device, and it’s certain neither Kerr nor anyone else invented the tree. An artificial tree might win if it could perform the implausible feat of inhaling CO2.Kerr’s idea, however, was rooted more in the climate benefits provided by an entire forest rather than just a single tree. These benefits can be enormous, according to “Natural Climate Solutions,” a paper published in 2017 in the Proceedings of the National Academy of Sciences.The paper asserts better management of forests, wetlands and farmland can provide 37 percent of the cost-effective climate mitigation needed through 2030. Forests alone can provide 18 percent of the mitigation, according to a statement published last year by the Climate and Land Alliance and signed by an international group of 40 scientists.“The ‘natural technology’ of forests is currently the only proven means of removing and storing atmospheric CO2 at a scale that can meaningfully contribute to achieving carbon balance,” the 40 scientists said. “The world’s forests contain more carbon than exploitable oil, gas, and coal deposits, hence avoiding forest carbon emissions is just as urgent as halting fossil fuel use.”The Amazon Rainforest is one of the world’s most important carbon sinks.Last year, the United Nations’ Intergovernmental Panel on Climate Change (IPCC) warned we have only until 2030 to act if we hope to limit global warming to moderate levels.Forests cool the atmosphere by inhaling CO2 through the process of photosynthesis and storing or sequestering it in roots, trunks, branches, needles and leaves. Half a tree’s weight is carbon. Although every backyard vegetable garden absorbs some amount of carbon, a rainforest takes in exponentially more. For this reason, rainforests and other large terrestrial ecosystems made up of dense vegetation are known as “carbon sinks.”Kerr lives at the edge of a temperate rainforest straddling the west coast of North America from the redwoods of Northern California into Alaska, the largest contiguous temperate rainforest in the world. Few ecosystems anywhere match its capacity to absorb and store carbon. Trees in the temperate rainforest, among the tallest in the world, live for 800 years or more.The expansive Amazon tropical rainforest of South America is one of the world’s largest carbon sinks. But on a per-acre basis, the Amazon is not nearly as efficient at absorbing carbon as the coastal temperate rainforest. The Douglas fir forests of Oregon and the hemlock and cedar forests of Alaska store about twice as much carbon per acre as the Amazon. The giant redwoods of Northern California, which store seven times as much, are regarded as the most carbon dense forests in the world.The temperate rainforest is a “carbon storage powerhouse,” says John Talberth of the Portland, Ore.-based advocacy group Center for a Sustainable Economy (CSE). “If allowed to mature, Pacific Northwest forests can capture and store more carbon than almost any terrestrial ecosystem on Earth.”Pound-for-pound, North America’s temperate rainforests – like this one on the Olympic Peninsula of Washington – beat tropical rainforests when it comes to carbon storage.The problem is most mature trees in the rainforest have been cut down and young ones are not allowed to mature. Outside conservation areas like national parks and wilderness, ancient groves are converted to industrial tree farms by the timber industry.After cutting down every old growth tree it can get its hands on, the industry typically plants a young sapling in its place. The saplings grow for about 40 years on average until the next harvest. Then the cycle repeats again and again.This business model might be good for timber industry profits, but what does it do to the climate?Sara Duncan, a spokeswoman for the Oregon Forest Industry Council, a lobbying group, claims this business model is good for both profits and the climate. She says old growth trees store a lot of carbon, but like everything else, old growth trees eventually die. If they aren’t harvested and converted into wood products, they will fall down in a windstorm, burn up in a wildfire or meet their fate some other way. Eventually they will release all their stored carbon content back to the atmosphere.The industry’s solution to the climate crisis is to log the trees, truck them to the mill, and store the carbon in 2-by-4s, plywood boards and toilet paper. Eventually, however, the carbon in these products will still return to the atmosphere one day.But is there a more climate-friendly way to manage our forests? Can we get more climate mitigation from a forest if we don’t cut it down every 40 years? The science suggests we can.In 2014, a study published in Nature by a team an international team of researchers led Nathan Stephenson, a forest ecologist with the United States Geographical Survey, found that a typical tree’s growth continues to accelerate throughout its lifetime, which in the coastal temperate rainforest can be 800 years of more.Stephenson and his team compiled growth measurements of 673,046 trees belonging to 403 tree species from tropical, subtropical and temperate regions across six continents. They found that the growth rate for most species “increased continuously” as they aged.“This finding contradicts the usual assumption that tree growth eventually declines as trees get older and bigger,” Stephenson says. “It also means that big, old trees are better at absorbing carbon from the atmosphere than has been commonly assumed.”This giant cedar sucked in a lot of carbon during its 1,000-year life. Photo by Morgan Erickson-Davis.But the science, as usual, is muddy. As Mongabay reported in February, a study published in the Proceedings of the National Academy of Sciences in 2019 by Thomas Pugh of the Birmingham Institute of Forest Research in the UK found young forests sequester more carbon per year than old-growth forests.“These findings upend conventional wisdom that old-growth tropical rainforests are the planet’s biggest carbon sinks,” Pugh’s study said. It defined old-growth forests as any stand over 140 years of age.It would appear the two studies contradict each other. But both scientists say they are consistent.“The difference is that Stephenson et al. looked at biomass of individual trees, whereas our study looks at biomass of whole stands of trees,” Pugh said in an email. “Whilst a single tree might continue to pile on more and more biomass, there will be less of such trees in a stand, simply because of their size and as tree stands age, gaps tend to appear due to tree mortality.”“So, our conclusion is actually that young forests are responsible for more of the terrestrial carbon sink than old growth forests,” Pugh said.“Both things are true,” Stephenson said in an email. “Individual tree mass growth rate increases with tree size, but old forests usually absorb carbon more slowly than young forests.”However, the relative growth rates of young and old trees do not tell the entire story.“Older forests store a lot more carbon than young forests and much of it is returned to the atmosphere quickly when harvested and planted with young trees,” says Beverly Law, a professor of global change biology at Oregon State University.By the time it becomes a desk, table or 2-by-4, a log will lose about 70 percent of its carbon, according to Dominick DellaSala, director of the GEOS Institute, an environmental think tank based in Oregon.About 45 percent of the carbon is left on the forest floor, said DellaSala, a member of the Oregon Global Warming Commission Task Force on Forest Carbon. “This includes decomposition of root wads, branches, and tops remaining on site and a little soil carbon. Logging takes nearly half the carbon and puts it into the atmosphere within years.”Trees that fall naturally release their carbon gradually over decades as they decompose.Another 25 percent is lost during manufacturing, he said. And as the finished wood products decay over time, he said, they emit even more.And that doesn’t include carbon emitted by chainsaws, logging trucks and lathes. In 2018, Law led a team of researchers who quantified these and all other carbon emissions as logs move from forest to sawmill. Their paper, published in the Proceedings of the National Academy of Sciences, said logging operations in Oregon contribute an average of 33 million tons of CO2 to the air. This equates to almost as much as the world’s dirtiest coal plant, Taichung Coal Plant in Taiwan, which emits about 36 million tons per year.Moreover, the climate impacts of logging are even greater if you factor in a harvested log’s lost future growth opportunities, Law says. Although her paper makes no attempt to quantify a logged tree’s foregone climate mitigation potential, she acknowledges it could be significant.Law called on the industry to help buffer climate change by doubling harvest rotations to 80 years and urged government agencies managing forests to impose their own harvest restrictions. These and other actions could increase the amount of carbon absorbed by Oregon forests by 56 percent by the year 2100, as well as improve water quality and biodiversity, her paper said. She is conducting a similar analysis for forests in California and Washington.Even after the wood is converted into a wood product, the carbon will likely return to the atmosphere sooner than people might think, Law said.“Old growth trees in the coastal temperate rainforest can sequester carbon for hundreds of years,” she said, “which is much longer than is expected for buildings that are generally assumed to outlive their usefulness or be replaced within several decades.”center_img Popular in the CommunitySponsoredSponsoredOrangutan found tortured and decapitated prompts Indonesia probeEMGIES17 Jan, 2018We will never know the full extent of what this poor Orangutan went through before he died, the same must be done to this evil perpetrator(s) they don’t deserve the air that they breathe this has truly upset me and I wonder for the future for these wonderful creatures. So called ‘Mankind’ has a lot to answer for we are the only ones ruining this world I prefer animals to humans any day of the week.What makes community ecotourism succeed? In Madagascar, location, location, locationScissors1dOther countries should also learn and try to incorporateWhy you should care about the current wave of mass extinctions (commentary)Processor1 DecAfter all, there is no infinite anything in the whole galaxy!Infinite stupidity, right here on earth.The wildlife trade threatens people and animals alike (commentary)Anchor3dUnfortunately I feel The Chinese have no compassion for any living animal. They are a cruel country that as we knowneatbeverything that moves and do not humanily kill these poor animals and insects. They have no health and safety on their markets and they then contract these diseases. Maybe its karma maybe they should look at the way they live and stop using animals for all there so called remedies. DisgustingConservationists welcome China’s wildlife trade banThobolo27 JanChina has consistently been the worlds worst, “ Face of Evil “ in regards our planets flora and fauna survival. In some ways, this is nature trying to fight back. This ban is great, but the rest of the world just cannot allow it to be temporary, because history has demonstrated that once this coronavirus passes, they will in all likelihood, simply revert to been the planets worst Ecco Terrorists. Let’s simply not allow this to happen! How and why they have been able to degrade this planets iconic species, rape the planets rivers, oceans and forests, with apparent impunity, is just mind boggling! Please no more.Probing rural poachers in Africa: Why do they poach?Carrot3dOne day I feel like animals will be more scarce, and I agree with one of my friends, they said that poaching will take over the world, but I also hope notUpset about Amazon fires last year? Focus on deforestation this year (commentary)Bullhorn4dLies and more leisSponsoredSponsoredCoke is again the biggest culprit behind plastic waste in the PhilippinesGrapes7 NovOnce again the article blames companies for the actions of individuals. It is individuals that buy these products, it is individuals that dispose of them improperly. If we want to change it, we have to change, not just create bad guys to blame.Brazilian response to Bolsonaro policies and Amazon fires growsCar4 SepThank you for this excellent report. I feel overwhelmed by the ecocidal intent of the Bolsonaro government in the name of ‘developing’ their ‘God-given’ resources.U.S. allocates first of $30M in grants for forest conservation in SumatraPlanet4dcarrot hella thick ;)Melting Arctic sea ice may be altering winds, weather at equator: studyleftylarry30 JanThe Arctic sea ice seems to be recovering this winter as per the last 10-12 years, good news.Malaysia has the world’s highest deforestation rate, reveals Google forest mapBone27 Sep, 2018Who you’re trying to fool with selective data revelation?You can’t hide the truth if you show historical deforestation for all countries, especially in Europe from 1800s to this day. WorldBank has a good wholesome data on this.Mass tree planting along India’s Cauvery River has scientists worriedSurendra Nekkanti23 JanHi Mongabay. Good effort trying to be objective in this article. I would like to give a constructive feedback which could help in clearing things up.1. It is mentioned that planting trees in village common lands will have negative affects socially and ecologically. There is no need to even have to agree or disagree with it, because, you also mentioned the fact that Cauvery Calling aims to plant trees only in the private lands of the farmers. So, plantation in the common lands doesn’t come into the picture.2.I don’t see that the ecologists are totally against this project, but just they they have some concerns, mainly in terms of what species of trees will be planted. And because there was no direct communication between the ecologists and Isha Foundation, it was not possible for them to address the concerns. As you seem to have spoken with an Isha spokesperson, if you could connect the concerned parties, it would be great, because I see that the ecologists are genuinely interested in making sure things are done the right way.May we all come together and make things happen.Rare Amazon bush dogs caught on camera in BoliviaCarrot1 Feba very good iniciative to be fallowed by the ranchers all overSponsored Feedback: Use this form to send a message to the editor of this post. If you want to post a public comment, you can do that at the bottom of the page.last_img read more

City overtake Spurs, Liverpool close to United, Arsenal and Chelsea good value

first_img 9. Leicester have scored 33 goals so far in 2017 17 14. Stoke have scored 28 goals so far in 2017 8. Bournemouth have scored 33 goals so far in 2017 17 17 15. Burnley have scored 26 goals so far in 2017 17 17 17 Joint 12. Swansea have scored 29 goals so far in 2017 17 16. West Brom have scored 24 goals so far in 2017 17 17 10. West Ham have scored 32 goals so far in 2017 5. Manchester United have scored 46 goals so far in 2017 17 Manchester City’s 7-2 demolition of Stoke City took their tally for the season so far to 29 Premier League goals.But which club has scored the most this calendar year? And where does your club rank in that particular tally?We’ve looked at the 17 Premier League clubs to have participated in the 2016-17 and 2017-18 seasons, and have the answer in the countdown above. 17 6. Liverpool have scored 45 goals so far in 2017 17 17 17 3. Chelsea have scored 56 goals so far in 2017 11. Watford have scored 31 goals so far in 2017 17. Crystal Palace have scored 23 goals so far in 2017 – Click right to count down to number one 17 4. Arsenal have scored 50 goals so far in 2017 1. Manchester City have scored 70 goals so far in 2017 7. Everton have scored 42 goals so far in 2017 17 Joint 12. Southampton have scored 29 goals so far in 2017 2. Tottenham have scored 68 goals so far in 2017 17last_img read more

Fresh hopes for Swan Park as Taoiseach receives community’s call for funding

first_imgTaoiseach Leo Varadkar has been handed a letter today from various Buncrana groups calling for the necessary funding to reopen Swan Park.Buncrana Tidy Towns Garden Chairperson Paddy McLaughlin took the opportunity to present the letter to the Taoiseach at today’s official opening of Cockhill Bridge.The letter has been signed by signatories from Buncrana’s business, sporting and community organisations calling for €2.1 million to be provided from the upcoming Budget for the works. Swan Park was destroyed in August 2017 during the flash flooding and lies in disrepair ever since. Some temporary works have been carried out this week to facilitate Crana Fest, but the Buncrana Tidy Towns, the Buncrana Chamber and other groups are calling for a full funding package to restore the park.Buncrana Tidy Towns representatives: Paddy McLaughlin, Gerard Porter, and Willie McKinneySpeaking to Donegal Daily after giving the Taoiseach the letter, Mr Paddy McLaughlin said:“We hope that they focus now on Swan Park and bring it back to its original state.“I know that work is being done provisionally to accommodate the Canoeing Fest in October which is vital for the Buncrana economy. Hopefully we’ll bring it forward from there so the residents and visitors alike can start using it again.” Despite many calls for the Taoiseach to see the state of the park for himself, Mr McLaughlin said it was not a major disappointment that Mr Varadkar did not visit during his time in Inishowen.Mr McLaughlin said: “We appreciate he is busy, as long as the funding comes. At the end of the day he may get an opportunity to look himself before he goes back to Dublin, but regardless as long as we get the funding.He added: “It is brilliant to have the Cockhill Bridge open again. It is really appreciated and we appreciated the Taoiseach coming here.”The following groups have signed the Open letter to An Taoiseach –Buncrana Chamber of CommerceBuncrana Tidy TownsBuncrana GAABuncrana AnglersInsight InishowenThe Amazing Grace InitiativeThe ExchangeWest Inishowen History & HeritageWild Inishowen Fresh hopes for Swan Park as Taoiseach receives community’s call for funding was last modified: September 11th, 2018 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Adobe Remix on Photobucket

first_img8 Best WordPress Hosting Solutions on the Market Adobe recently announced they are to bring outonline versions of some of their desktop software suite, including Photoshop, within thenext 6 months. The first place we can get a glimpse of these offerings is on the popularphoto and video sharing site Photobucket. Since last month, pro users of Photobucket have beenable to access an Adobe online video editing tool called Adobe Remix. This will be opened up to all users of Photobucket sometime thismonth.With a Photobucket account, you can upload and share your photos and videos – andblast them out to just about anywhere on the web, including MySpace, Facebook, Bebo,eBay, Blogger. Founded in 2003, they claim to have 38 million registered users, over 17million visitors per month, and serve out a whooping 3 billion media clips per day.According to Alexa, they have justrecently overtaken Flickr in terms of traffic. Photobucket is free to use, but a proaccount gives you some extras – such as 5 gigs of space and unlimited bandwidth for just$25 per year. And now, Adobe Remix is a pro account extra too…Adobe RemixThe Adobe Remix feature in Photobucket is a flash application that was built with Flex and runs very smoothly. You can takevideo clips and pictures that you have uploaded to your Photobucket account and drag themonto the Remix time line, add captions, borders, transitions and effects. You can evenadd an audio track to your movie, by choosing from a large selection of tracks providedby Pump Audio. You can’t uploadyour own music at the moment, but this may change in time. The end result is a single movie that you can post on your blog, MySpace etc – or justdownload for your own amusement. The only obvious feature that’s missing is soundeffects. Otherwise Adobe Remix is an excellent tool for manipulating video or photos. Itis a relatively simple application, but runs well and is very easy to use. Online Photoshop coming soon…Looking forward, it’s going to be very interesting to see what Adobe brings out thisyear. The company plans to announce more partnerships soon and these free services willprobably be driven by advertising. What’s more, they will be used as promotional tools –to lure users to upgrade to Adobe’s desktop suites. If Remix is a taste of what’s to comefrom Adobe, then the future looks bright for those who don’t currently have access totheir products. Tags:#news#web Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting david lenehan 1 Related Posts A Web Developer’s New Best Friend is the AI Wai…last_img read more

Part 1 – Motivation for Intel® Optane™ Technology + 3D NAND: Emerging new memory technologies from Intel

first_imgI have been dabbling with various open source storage software and distributed high-availability models to understand the applicability of new memory technologies. I am excited to share my insights and learnings over a series of blogs. But first, why should you care about Intel memory and storage?Moore’s Law for CPUs opens up opportunities for new storage technologiesGeneral purpose computing has been evolving over five decades at breakneck pace following Moore’s law. As CPUs evolved, the memory has not quite kept up. As a result, a hierarchical memory with inclusive caches as an architecture evolved to manage the insatiable need for better computing experience needing bigger and faster memory.With the dawn of the new millennium, increasing the operating frequencies meant that the CPU package temperatures would be hotter than the surface of the sun! So, the number of CPU cores per package started increasing as a natural response. Interestingly, only the levels of memory closest to the CPU remained exclusive per core, while the rest of the layers became inclusive. This shared memory hierarchy resulted in the need for high performance, random-access non-volatile storage.Figure 1: Intel memory and storage hierarchyI was part of the team of inventors that brought Intel’s first consumer storage segment SSD, the Intel® X25-M, to market. Since then, cores per CPU keep increasing exponentially, and every layer in the memory hierarchy is facing massive pressure to increase the performance/capacity. The answer to this problem is to innovate new memory technologies and add more layers to the hierarchy. Intel has done this with the super-fast, non-volatile Intel® Optane™ media, as well as the world’s first data center QLC PCIe SSD (Intel® SSD D5-P4320)1.Explosive data growth – A story of growth for all memoriesThe world’s dataset sizes, and therefore the need for storage, continue to explode exponentially. In a hierarchical memory, the area under the pyramid needs to grow to support this explosive growth (i.e. the entire pyramid grows and the area of every layer in the pyramid also grows in absolute capacity).Figure 2: Explosive growth in world’s datasetIf the annual data size doubles roughly every two-to-three years, it implies that data is getting generated at an accelerated speed, yet the performance/terabyte of the storage layer is getting slower. Let me use NAND as an example to illustrate the challenge.Slowing performance/capacity or faster memory for same affordability?Figure 3: Write Bandwidth Per Die                   Figure 4: Write Bandwidth Per TerabyteApplying Moore’s Law to NAND, the density stored per die has to double every ‘x’ months (~24 months in Figure 3 above). If we made the NAND die 2x denser, it reduces the $/GB. The performance/die typically remains constant. Using write bandwidth/TB for illustrative purposes, you can see that the performance/TB is sloping downward in a logarithmic scale. The slope should have been steeper than what is shown in Figure 4, but NAND has other innovations like multiple-page programming called multi-plane (similar in concept to multi-core CPU), that increases the performance per die.This increased number of planes comes as an added cost and other constraints like granularity of writes, which is outside the scope of this blog. The larger trend of decrease in performance/capacity is an inevitable one. The dominant type of NAND deployment is 3 bits/cell. Intel has introduced the world’s first 4 bits/cell PCIe NVMe SSD1 to fulfill the opportunity available between the 3 bits/cell tier and what is delivered using hard disks.Since adding more layers and bits per cell delivers more capacity per die at a lower performance, what needs to be done in the architecture to improve overall performance?Combining fast and slow storage to create tiersI want to explore architectures that can be flexible – you don’t need every layer in the hierarchy for every deployment. All these memory technologies are here to stay (and thrive). This is a story of growth and value creation, and not one of conquest where one technology eliminates the need for other.With the growth of faster connectivity over the last decade, there are now at least two distinct types of data: (1) Frequently modified, update-in place data (2) Machine generated, forever lifetime data.Traditional hierarchical dataImagine an ‘instant power on’ of an operating system. Intel® Optane™ technology enables such possibilities. For a PC to power on instantly, the operating system data for boot needs to be in the fastest memory. Let’s use Adobe Photoshop as an example. In order to manipulate the pictures, very fast read bandwidth is necessary from the storage that holds the data. The data file in Photoshop is often megabytes in size and Intel’s 4-bits/cell NAND SSD can deliver the necessary cost-effective read bandwidth. Legacy/traditional software does not understand data tiers and it is left up to software in the operating system to apply heuristics and guess the placement of data. In future blogs, we can explore techniques to identify/classify data for placement in appropriate memories.Machine data/Cloud native applications: Storage performance tier-aware applicationsWith the advent of cloud storage and cloud computing, and improvements in connectivity speeds, it is now possible for applications to target a storage tier with a specific service level capability. For example, archival and backup of pictures captured via a mobile phone vs. storage for online transactions of a business require entirely different performance and guarantees. Although it is easy to imagine arbitrary ratio of fast and slow media to create an intermediate performance storage, it is incredibly hard to build an intermediate performance tier that delivers consistent performance.I am exploring techniques of building storage tiers that can deliver consistent performance using mixed media like Intel® Optane™ technology and Intel® QLC technology, as well as have the ability to provide tiers of performance cost effectively.In future blogs, I will explore what I learned by building storage with Intel® Optane™ media in front of an Intel® QLC SSD (hierarchical data) and share what I discovered while building a QLC-based storage service with Intel Optane media as a part of the storage appliance, but not necessarily directly contributing to storage of user data.1Source: Intel. Based on Intel achieving PRQ status of Intel® SSD D5-P4320 on 13 July 2018.2 Figures 3 and 4: Source – internal Intel testing.Performance results are based on testing as of the date set forth in the configurations and may not reflect all publicly available security updates. See configuration disclosure for details. No product or component can be absolutely secure. Software and workloads used in performance tests may have been optimized for performance only on Intel microprocessors. Performance tests, such as SYSmark and MobileMark, are measured using specific computer systems, components, software, operations and functions. Any change to any of those factors may cause the results to vary. You should consult other information and performance tests to assist you in fully evaluating your contemplated purchases, including the performance of that product when combined with other products. For more complete information visit intel.com/benchmarks. Intel does not control or audit third-party benchmark data or the web sites referenced in this document. You should visit the referenced web site and confirm whether referenced data are accurate. Intel technologies may require enabled hardware, specific software, or services activation. Check with your system manufacturer or retailer. © Intel Corporation. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.last_img read more

Scorpions take out Men’s Open title

first_imgThe Scorpions won the match 7-3, preventing the Sharks from winning their fifth title in six years. The Scorpions night continued to get better, being named the Champion Permit for the 2010 NTL.As the siren sounded to commence the game, the heavens opened, causing unpleasant playing conditions.The opening exchanges were fast, with movement going from end to end, and both teams attacking in the in goal areas early.It took nine minutes before the first touchdown was scored, when the Sharks’ Kade Bonner crossed after being set up by a great cut out pass from Drumayne Dayberg-Muir. When Scorpions’ key playmaker Dylan Hennessey was taken from the field with an injury concern, things weren’t looking too good for the boys from Sydney. But five minutes later Charbel Maroun scored for the Scorpions to bring them back into the game. The Scorpions soon proved how quickly a game can turn around, when Nathan Wong took an intercept while the Sharks were attacking close to the line. The young Australian representative then ran the length of the field to give the Scorpions the lead for the first time in the game, and went to the half time break leading 2-1. The Sharks hit back straight after the break, with Troy Skinner scoring in the opening set of the second half to level up the game at 2-all.The Scorpions’ Potatau Berryman put his side back in the lead one minute later, when a spectacular dive close to the line gave them a 3-2 lead. Young guns Jordan Marshall-King and Maurice Kennedy both scored touchdowns for the Scorpions soon after, to take their biggest lead of the game, 5-2. Ryan Pollock hit back for the Sharks the set after Kennedy’s touchdown, to put his side down by only two touchdowns. But when Sharks’ captain Ben Robinson got sent to the sin bin, Maurice Kennedy capitalised, taking the Scorpions out to a 6-3 lead. Twin brother John also got on the touchdown scorer list in the final minute, giving the Scorpions a four touchdown win and their first NTL Men’s Open title in 10 years. Drumayne Dayberg-Muir was rewarded for his consistent tournament, being named Player of the Series, while John Kennedy was awarded Player of the Final.last_img read more

Alberta still out of climate change accord until pipeline approved Notley

first_imgEDMONTON – Alberta Premier Rachel Notley says the province is still out of the federal government’s climate change accord despite Ottawa’s plans to get the Trans Mountain pipeline expansion approved.The federal government has given the National Energy Board less than six months to redo its environmental review of the pipeline and examine the impact of additional oil tanker traffic off the coast of British Columbia.Albertans have faced and overcome many obstacles.We’re leaders on the environment.We produce energy products to the highest standards.We contribute mightily to the national economy.And we’ve ensured that this pipeline benefits all Canadians.#KeepCanadaWorking #ableg #abpoli pic.twitter.com/ZURYySpM9c— Rachel Notley (@RachelNotley) September 21, 2018Notley pulled out of the federal climate change plan, which mandates putting a price on carbon emissions, after the Federal Court of Appeal overturned approval of the expansion project.She says the province won’t rejoin the plan until the pipeline is approved.Notley says the fight to build the pipeline has just begun and failure is not an option.She says Alberta will hold the federal government’s feet to the fire, but wouldn’t say how the province will do that.last_img read more

PRRD to start upgrading Area B water stations

first_imgThe Regional District added that it intends to have only one station down at a time during the construction windows.Last June Area ‘B’ residents voted overwhelmingly in favour of having the Regional District provide potable water in Area B. Of the 1,010 votes cast in the referendum, 920 voted in favour of the proposal.PRRD Area ‘B’ Director Karen Goodings explained that the provincial government would not allow the regional district to provide potable water services to residents unless they are granted permission by those residents in a referendum.Goodings explained that the reason for the change in the rules stems from the tragedy in Walkerton, Ontario in 2000, when seven people died from consuming drinking water that was contaminated with E. coli bacteria. FORT ST. JOHN, B.C. – The Peace River Regional District will be starting to upgrade water stations in Electoral Area ‘B’ this summer to allow the stations to provide potable water after residents voted last year in favour of upgrading the stations.The PRRD says that construction on the water stations in Buick, Rose Prairie, and Feye Spring will run from mid-July to mid-September, while work at the stations in Prespatou and Goodlow will last from mid-September to mid-October.At some point during the construction, the Regional District says that water will be shut off at the stations for a period of no longer than five days, but that advance notice will be provided when the shutdowns will occur so that area residents can top up their tanks and/or make arrangements to get water from an alternate site.last_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   – / 61 Top Stories Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo GLENDALE, Ariz. — Over and over toward the end of last season, random Arizona Cardinals members could be heard lamenting how the team let a win slip away from its grasps in the first week of the season.That loss, which saw Arizona cough up an 11-point fourth quarter lead to the St. Louis Rams, loomed large as the Cardinals finished just short of reaching the playoffs. Needless to say, the Cardinals understood the importance of getting off on the right foot Monday, which they did by way of a tough 18-17 win over the San Diego Chargers. By the way, they came back from being down 11 to start the fourth quarter in this one.“We learned our lesson,” Cardinals coach Bruce Arians said. “It sets the table for us to continue to build.”If points were awarded for style, the Cardinals would receive few — if any. Though the statistics show their effort in a favorable light — 22 first downs to San Diego’s 15, 403 net yards to the Chargers’ 290 and 31:49 time of possession to their opponent’s 28:11 — over the course of 15 minutes in the third quarter, the Cards saw a 6-3 lead turn into a 17-6 deficit. Of course, from then on, the Cardinals did just enough both offensively and defensively to regain the lead and, ultimately, hold on for win No. 1 on the season. “Especially the way it happened,” defensive end Calais Campbell said of the importance of the victory, “it showed the fight in this team; it showed the resilience we have.”On the other side of the coin, the Chargers are lamenting how they let this one slip away.“Oh, absolutely, absolutely,” linebacker Dwight Freeney said when asked if they let the Cardinals off the hook. “You look at it, we’re up and we’re winning by double-digits, six to whatever it was — 17, I think it was. We’re trying to pin our ears back and we’re ready to go, and they started finding a little something here and there.”last_img read more

The performance which thoughtfully utilized the s

first_imgThe performance, which thoughtfully utilized the space of Arcosanti, began in the Crafts III Cafe, then moved into the Ceramics Apse which was transformed into the Witches’ Cave.The North Vault was the castle for the rest of the performance. This was a truly imaginative use of the Arcosanti space. They used their resources and talent and managed to be both innovative and minimal, providing an immersive and memorable theater experience. October 4, 2017This past week-end William Shakespeare visited Arcosanti with the Laark Productions presentation of MACBETH.[photos by Shannon Mackenzie, text by workshop participant Rebecca Weeks]With three well-received performances that gained a total audience of over 300 people, Arcosanti in conjunction with Laark Productions provided a unique site-specific experience for both the theater lover and architecture enthusiast.On Friday and Saturday, with a special late-night viewing that truly captured the richly dark essence of Shakespeare’s masterpiece, the actors of Laark Productions brought their absolute best to the stage.last_img read more

Today the XAUgold ratio is at a historic low of

first_img Today, the XAU/gold ratio is at a historic low of 0.07. To fully appreciate what this means, look at these former lows for comparison: It’s lower than the 2008 gold stock selloff; It’s lower than the “nuclear winter” of the mid-’90s; It’s lower than the very beginning of the gold bull market in 2001. Right now, gold stocks are like a rubber band that’s being stretched to an extreme. As all rubber bands do, it will snap back. And not just that; based on how extreme the undervaluation has become, they’re bound to be among the most profitable investments of this generation. A year ago, I pointed out how cheap gold stocks were—and yes, they managed to get cheaper still. But that fact only underscores how vast this opportunity really is. Current sentiment in the precious metals sector, especially the stocks, is beyond dreary: it’s pitiful. At the Toronto Stock Exchange, where most mining stocks are traded, security guards are now doubling as suicide watchmen. (OK, I made that up.) What I didn’t make up is that your chances of following in Doug Casey’s or Rick Rule’s footsteps—and making similar breathtaking returns—have never been higher. Upside is at its greatest when even the cab driver laughs at the thought of buying a gold stock. As conditions return to normal, huge profits will be made… by those who didn’t listen to the investing herd and its mouthpieces in the mainstream financial media. Is there a guarantee gold stocks will rebound and deliver life-changing profits? I’m sure you’ve heard the “death and taxes” thing, so I don’t have to answer that question. And there are some scenarios that could conceivably prevent gold and silver from rebounding—possibly killing off the miners for a generation: If billions of Chinese, Indians, and other Asians finally realize that unbacked paper currencies are much more desirable to hold than physical gold and silver… If Ben Bernanke vows never to print another bloody greenback again, and neither does his successor… If Congress unanimously agrees to lower, instead of raise, the debt ceiling and drastically cut all but core spending, for the health of the country and its citizens (I know, don’t make me laugh)… If solar panel manufacturers and dozens of other industries find a valid replacement for silver in their products… If the insane amount of $700 trillion in derivatives circling the world like a cloud of toxic particles suddenly evaporates… If Beijing calls a press conference and proclaims they were mistaken and now feel no need to diversify out of the US dollar, that it’s the one and only reserve currency the world will ever need… … then we might see that happen. But I’m not holding my breath on any of these. (A phrase about snowballs and hot places comes to mind.) In the meantime, I bought another gold Eagle last month. But even if you don’t have $1,300 lying around, you can now add to your bullion in an easy and cost-effective way. I just told BIG GOLD readers of an exciting new program to accrue gold and silver—a program that deducts money from your bank account every month and buys the metal for you automatically. But the best part is: it’s the first auto-accumulation program that stores metal at an international vault. Every other similar program offers domestic storage only or doesn’t have a service for automatic purchases. Specifically for BIG GOLD subscribers, the company has agreed to lower the minimum amount from $250 to just $100 per month. If you sign up for a risk-free 3-month trial to BIG GOLD today, you can read all about this unique program and get the link to take advantage of this special subscribers-only offer… as well as our portfolio of deeply undervalued gold stocks. You have 3 months to decide if it’s right for you—if not, for whatever reason, just cancel for a full refund, or a prorated refund after the 3 months are up. Click here to read more about BIG GOLD or start your risk-free trial now. I caught myself daydreaming last week… It’s October 27, 2008, and Silver Wheaton (SLW) just hit $3 per share. I buy 10,000 shares, more than I’ve ever devoted to any one stock. I sell half when it hits $33 per share and pocket $150,000 after a 1,000% gain. I pay off the mortgage, and my wife quits work—and I still have 5,000 shares… Not a bad daydream, eh? I don’t know how many investors actually had the intestinal fortitude to plunk down a big lump of cash on a stock at that time—but Silver Wheaton did indeed offer that 1,000% return, and more. When you look back at the investments that have made the most money over the past few decades, they’ve always been assets that had reached an extreme—an extreme low or an extreme high. Buying gold at $250 per ounce in 2001… buying tech stocks in the early ’90s or Apple Computer at $8 per share in 2003… shorting real estate in 2007 or the stock market in 2008… the list goes on. Each of those speculations led to massive returns only because the price of the respective asset was either dramatically undervalued and poised to take off or, in the case of the short sales, a bubble ready to pop. Paradoxically, such opportunities aren’t that hard to find—the truth is, they sprout up all the time. What is hard to find is the type of investor who has the guts to take advantage of those opportunities. Fact is, most people run from assets that are at an all-time low… and happily buy into stocks that are reaching their peak. As legendary resource investor Rick Rule likes to say, “You’re either a contrarian or you’re a victim.” When you think about it, the strategy for getting rich—a strategy regularly applied by the Doug Caseys and Rick Rules of the world—is deceptively simple: Find an asset at an extreme (low or high) and determine if it’s headed in the other direction anytime soon; Take a significant position and hold the fort while market forces play out. That’s all. The difficult part is to muster the courage to hold on when all your senses are screaming that it’s a huge mistake, that your investment will never pan out, that today’s fool (you) is tomorrow’s loser. If, on the other hand, you don’t mind going where others fear to tread, opportunities practically jump into your outstretched hands. Here’s the best one I know of right now: gold stocks. Actually, to say they’re a “good opportunity” is a laughable understatement: Gold stocks are at an extreme low we haven’t seen in over 30 years in this industry. Let me prove it to you. An effective way to measure the true value of gold stocks is to compare them to the gold price. Other things being equal, a gold producer selling for $20 per share at a $1,500 gold price is a heck of a lot cheaper than when gold’s at $1,000. (When the price of a product is higher, the stock is more valuable, and vice versa.) The XAU (Philadelphia Gold and Silver Index) consists of 30 gold and silver stocks and began trading in December 1983. Here are the first 23 years of the Index’s ratio to gold. Any time the ratio reached 0.20 or below, gold stocks were undervalued in relation to gold, and investors who bought at those inflection points made a profit. Conversely, once the ratio reached 0.34 or above, stocks were overvalued and due for a pullback. For 23 years, from its inception through 2007, the XAU/gold ratio provided fairly reliable feedback for investors. Now let’s add the rest of the data.last_img read more

In This Issue   Krone is best performer overni

first_imgIn This Issue. *  Krone is best performer overnight. *  Flight to safety takes a back seat. *  Renminbi marks 6 consecutive days of appreciation. *  Canada’s Labor report disappoints again! And Now. Today’s A Pfennig For Your Thoughts. Norway’s Inflation Bounces Higher! Good Day! .  And a Marvelous Monday to you! Have you checked out the Super Moon? It’s pretty cool. A couple of years ago, I was sitting on a beach, and the Super Moon looked as if I could reach out and touch it! My beloved Cardinals barely get out of Baltimore with what remains of their pride, and Chuck does some reflection in the FWIW section today, you’ll not want to miss that! Or, maybe you will! HA! There are a few things going on in the currencies, as we head to the middle of the month this week. The Dog Days of August are upon us. Front and Center this morning, there was surprising news from Norway this morning, and before you grad your heart pills, it wasn’t bad news for once! The Norwegian krone, which had been a very disappointing performer this year, really bounced overnight, to the good, VS the dollar, as CPI (consumer inflation) jumped higher.  The Core CPI in Norway bounced to 2.6%, in July Vs a year ago.. The Consensus was for a 1.9% gain, which would have been better than a sharp stick in the eye, but this 2.6% print saved the eye. So, the krone is the best performing currency overnight, and it sure seems like it has been a month of Sundays since I said that.  The krone has taken the krona from Sweden along for the joyride this morning, and the rest of the currencies are mixed VS the dollar this morning. So, we don’t have that all-out assault on the currencies by the dollar going on this morning, which is just a speed bump to me for the bias to buy dollars. As I told you previously, (last week and before) I believe that the bias to buy dollars will hang around for a month or two. So, you need to batten down the hatches, and if you do anything, I would think you would use the cheaper prices in the currencies as an opportunity to pick up some additional diversification! The Flight to Safety, which was going on Friday morning, has been pushed to the back seat this morning, as there is a cease fire in the Middle East (for now that is. The U.S. has carried out 5 more airstrikes in Iraq, and the border buildup by Russia in Ukraine is still going on, but for now the markets feel better about it all, and with that U.S. Treasury yields are back to the levels they were before the Flight to Safety took place, albeit, still very low levels, I might add!  And Yen and francs are finding that they are no longer on terra firma, as the safe havens take a back seat. The Eurozone is printing their 2nd QTR GDP reports from the member countries today, and from the forecasts, we could actually see Spain’s GDP outperform Germany’s in the 2nd QTR. Spain printed a +.6% gain in the 2nd QTR, while Italy printed a -.2%, both compared to the previous quarter. The euro has lost a 1/4-cent this morning, and is back below 1.34.  There is a real slowdown going on in the Eurozone folks, and I believe it will be shown when Germany’s 2nd QTR GDP prints this morning. We’ve seen this before a few times during the past 12 years. The Eurozone slows down to recession-like speed, but the euro hangs on to stronger levels. Why would that be? Ahhh grasshopper, it’s what the markets feel about the dollar.. And with the euro being the offset currency to the dollar, it gets love even when it’s been bad. The Chinese renminbi / yuan was allowed to appreciate again last night, marking 6 consecutive nights of appreciation. Much like the way it used to be, and the way it ought to be! Chinese inflation printed over the weekend, and remained contained, and within market expectations, but the print of +2.3%, contained a real spike in food prices in July from June. And that has to concern the Peoples Bank of China (PBOC). And long ago, the PBOC received my memo that I wrote to them daily, about how a stronger currency helps combat inflation, and they squelched inflation by allowing the renminbi / yuan to rise almost daily from 2009 to 2013. But in 2014, the PBOC have taken it upon themselves to teach the markets a lesson about thinking the currency is a one-way street for currency appreciation. Hopefully the lesson has been learned and we can get back to the way it used to be, and the way it ought to be! There was news over the weekend that China and Russia have finished writing the details of a currency swap agreement that goes very deep in tying these two countries together as trade partners, etc. As in all the currency swap agreements between China and other countries that now total over 20, the dollar is removed from the terms of trade between the two countries. I did a list of the countries last week, and missed a couple of smaller countries in Asia, but the glaring thing that jumps out at you when you list all these countries is that there is not one OPEC country on the list. The Might of the U.S. Military has partly to do with that. given they are the OPEC countries’ security blanket. But there have been rumors of a currency swap agreement with OPEC countries for a couple of years now. And you know me. Where there’s smoke. there’s fire.  And if that ever happens, OPEC signs a currency swap agreement with China, the petrodollar will be no more. The dollar will still exist, but its claim as the petrodollar will be hollow words. For the second month is row, Canada’s labor report was disappointing, even though July showed that the Unemployment Rate ticked down to 7% from 7.1% in June. The real disappointment was in the jobs created for July. The total was 200. That’s right I said 200, with expectations at 20,000. This data did nothing to help the Canadian dollar / loonie, and rightly so. But that was Friday, this morning, the loonie is attempting to mount a rally. Gold is down a couple of bucks this morning. Last Friday, I talked about how some people that I respect tons, don’t believe in the price manipulation story. Then on Saturday, Ed Steer, printed a snippet from Dennis Gartman’s letter, where he calls the price manipulators, “The Force”. But wait! Weren’t the Force the good guys? You know, “may the force be with you”. Luke Skywalker and Han Solo, Princess Leia?  Anyway, the thing I liked about the snippet was that this very well respected analyst, talked openly about how price manipulation may be nearing an end. WOW! I’m surprised by the weakness in Platinum lately. The past few days have seen Platinum lose ground while Palladium gain ground. Doesn’t make any real sense to me, as these two have industrial uses as well as investment uses. Oh well, it is what it is. right? Well, this morning, we have the Bloomberg printing a story about how Fed Vice Chair, Stanley Fischer talking about the sluggish labor supply growth as being a “source of concern, because it may be contributing to a slowdown in longer-run output of the economy.”  For once, a Fed member is thinking like me here folks. Let’s listen further. Fischer said, “There are reasons to believe that some of the surprising weakness in the labor-force participation reflects still poor cyclical conditions.” He went on to talk about how the drop in the labor-force participation rate isn’t all just retiring workers, it may be discouraged workers as well. Right arm, farm out, out of state! A Fed member that sees this labor force thing the way Chuck sees it. YAHOO! Now, was this his real thoughts? Or. was he simply greasing the tracks here?  Since this is the first time he’s come out and talked about the labor force participation rate, the caution flags were raised and Chuck’s spider sense began to tingle. He could very well have been greasing the tracks for continued lower rates, and QE. Maybe, just maybe, cause you don’t know, but we will in a few months now won’t we? Well, The U.S. Data Cupboard on Friday, printed the Productivity data for the 2nd QTR.  I told you Friday, how I detest this data set. But for the record Nonfarm Productivity increased by 2.5% in the 2nd QTR, after falling -4.5% in the 1st QTR. This data is used by Fed, and really no one else, the markets couldn’t care less if it printed or not, for all it is, in essence, is a gauge to see how hard we all work without raises. The U.S. Data Cupboard will come back on board this week, after spending last week on leave. There is nothing to print today, and tomorrow only has the Monthly Budget Statement for July. But on Wednesday, we’ll see the July Retail Sales, which I already previewed last Friday for you. For What It’s Worth. You know. I get to thinking a lot about things going on these days. Jackson Browne sang about it, These days, I sit on corner stones and count the time in quarter tones to ten, my friend. Don’t confront me with my failures, I had not forgotten them. In my younger days, I thought that just about everything Jackson Browne wrote was genius, until he decided to go popish. Oh well, I guess sooner or later they all attempt to jump the shark tank, right?  What in the world are you getting at this morning Chuck? (I hear you saying) Well, I know that I talk about the weak dollar and how U.S. citizens lose purchasing power with a weak dollar, and how I believe that this will continue based on what I learned through the years about economics, and currencies.  Paul Simon said it best in his great song, The Boxer: A man hears what he wants to hear, and disregards the rest.  But just because I believe this about the dollar doesn’t mean it will happen just like I say it could.  Remember what I’ve told you about something being Evident, but not Imminent. It’s quite evident to me, but then I believe what I want to hear, and disregard the rest!  My friend, the great publisher, Bill Bonner, talked about this on Friday in his daily letter: Diary of a Rogue Economist.  He quoted a famous line by Julius Caesar in Latin,  but don’t’ worry, he translated it for us: “Men willingly believe what they wish to be true”    And then he added in his own words, “At least, they believe it as long as they can.” So, it all comes down to what really happens. In 2001, we made a press release that Chuck Butler of EverBank says that the dollar is ready to enter into a multi-year weak trend.   People laughed, economists and traders all had a belly laugh, and it wasn’t until soon after that in February of 2002, when the dollar began its long slide on the slippery slope that the media began calling and asking me how did I know that the dollar was going to get weak. I would tell them that it was simple: You had to stop believing what you wished to be true, that the U.S. dollar was king, and would never relinquish that title.  And then again in 2005, the dollar rallied, was this the end of the weak trend? No, said Chuck, for the fundamental reasons the dollar entered into the weak trend, still existed. Too much Debt, and too many dollars floating around.  Again the media chuckled, at the thought of the dollar not being able to mount a multi-year rally, but it wasn’t to be, and this time news outlets like the Wall Street Journal came calling and wanted to know how I knew the 2005 rally in the dollar wasn’t going to last. Again, you just had to stop believing what you wished to be true. Then we saw it again in 2008, 2011, and again now. Don’t get in the way of the bus that’s driving the dollar higher they say. But wait! Who’s that standing there like Superman, ready to stop the bus in its tracks?  You guessed right, it’s me.  For I too believe what I want to believe. or hear what I want to hear, and disregard the rest. And for good reason! The fundamentals haven’t changed, in fact they’ve gotten worse with all the Quantitative Easing, ZIRP, and easy credit.  So, you need to sit on a corner stone, and count the time in quarter tones to ten, my friend, and figure out if you have the intestinal fortitude to stand in front of that bus with me.  I’ll be there, you can count on that! To recap. The bias to buy dollars is not as strong today, and the currencies are mixed with the Norwegian krone coming out on top as the best performing currency overnight. Norway’s inflation surprised with a huge upward bounce, and the krone took the Swedish krona along for the joyride. The euro is weaker this morning, as 2nd QTR GDP reports from the member countries begin to stream in. And Gold is weaker this morning by a couple of bucks, while Dennis Gartman calls the prince manipulators, “The Force”.  Chuck doesn’t like that description since the Force were the good guys in Star Wars! Currencies today  8/11/14. American Style: A$.9265, kiwi .8465, C$ .9120, euro 1.3390, sterling 1.6780, Swiss $1.1035, . European Style: rand 10.6910, krone 6.1860, SEK 6.8630, forint 234.30, zloty 3.1350, koruna 20.8035, RUB 36.13, yen 102.15, sing 1.2505, HKD 7.7515, INR 61.17, China 6.1522, pesos 13.24, BRL 2.2825, Dollar Index 81.45, Oil $97.75, 10-year 2.42%, Silver $19.88, Platinum $1,470.00, Palladium $863.00, and Gold. $1,308.20 That’s it for today. Well, Saturday was the birthday of one of my fave people in the world, Kristin Kuchem. Happy Birthday, darlin. And yesterday was the birthday of our Lucy Evans.  And today Jen comes back from vacation! It’s all good!  Chris is still gone as he recovers from his half-ironman. Our Trading desk here, must think we are in Germany, as so many people are going to be out during the month. No worries. We have plenty of coverage. Pink Floyd’s song: Time, just began playing on the IPod, you know the one with all the alarm clocks going off at the beginning, made me jump, as it surprised me! Whew! Those were two trips to the woodshed for my beloved Cardinals in Baltimore, as they lost 2 of 3 to the Orioles. And lost them is being kind. They got whacked!  Time to get this out the door today. Thanks for reading the Pfennig, and now go make this a Marvelous Monday! Chuck Butler President EverBank World Marketslast_img read more

Copyright 2019 NPR To see more visit httpswww

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