Next PostGame of the Week: #1 Bluefield @ #16 Oak Hill Mail Tumblr Matt Digby Matt Digby is the Sports Director at WOAY-TV. He joined the station in January 2015 – right in the middle of Big Atlantic Classic Week. Read More Twitter Google+ Linkedin Facebook Pinterest SportsSports News Week 9 High School Football Scoreboard By Matt DigbyOct 21, 2017, 01:22 am 688 0 Home Sports News Sports Week 9 High School Football Scoreboard #1 Bluefield 74, #16 Oak Hill 7 (Game of the Week)Nicholas County 34, #4 Midland Trail 29Wheeling Park 32, Princeton 0#6 James Monroe 48, Liberty 10Westside 62, River View 20#9 Fayetteville 39, Buffalo 28#14 Summers County 24, #13 Pocahontas County 17#14 PikeView 50, Mount View 30Parkersburg South 29, Greenbrier East 12Richwood 41, Valley 8Meadow Bridge 26, Montcalm 18Shady Spring 31, Clay County 6 Previous PostTrump has no plan to block scheduled release of JFK records
By Doug Hornig, Senior EditorThe age-old model for higher education is under assault.Now granted, it may have been a long time since colleges conformed to the romantic stereotypes: ivy-covered stone walls, cozy seminars around long oak tables, crusty but lovable professors with tweed jackets and meerschaum pipes who took an active interest in each and every one of their pupils. But even the modern, 50,000-student campus versions are being turned around by the potential threat of a new model for education, delivered online.It’s a tsunami that is bearing down on every institution of higher education in the country. And anyone who doesn’t act with appropriate foresight risks inundation, a threat which has university officials around the nation acting out of panic.The idea of moving classes to the Internet is not a new one, of course. The University of Phoenix – one of the pioneers in the commoditization of education – started its for-profit “distance-learning” program with an initial class of 12 way back in 1989, first over private networks and later the Web. Although Phoenix has come under heavy criticism for its students’ high debt loads and low job prospects, it nevertheless still enrolls over 400,000 per year.There is also the Khan Academy, a non-degree tutorial program begun in 2006 by Bangladeshi-American educator and Harvard Business School graduate Salman Khan. Khan had a vision – to construct “the world’s first free, world-class virtual school where anyone can learn anything.” To this end, he has overseen the creation of more than 3,000 microlectures via video tutorials, stored on YouTube and covering subjects from physics and chemistry to art history and microeconomics.In addition, most schools now offer at least some online instruction. According to the Babson Research Group’s annual survey of more than 2,500 colleges and universities, more than 6.1 million students took at least one online class during fall, 2010. That’s a 10% increase over the year before, and represents 31% of all students – up from less than 10% in 2002.And it isn’t as if forward thinking JVs haven’t been tried before, notably with Fathom, an unsuccessful 2001 commercial venture that involved the University of Chicago, the University of Michigan, and Columbia University, and AllLearn, a nonprofit effort from Yale, Princeton, and Stanford that was canned in 2006.So what is new?In a May 3 op-ed in the New York Times, columnist David Brooks wrote that, “[O]ver the past few months, something has changed. The elite, pace-setting universities have embraced the Internet. Not long ago, online courses were interesting experiments. Now online activity is at the core of how these schools envision their futures.”Take MIT and Harvard, which rolled out a new educational partnership in April. Dubbed edX, it will offer free online courses from both universities, starting with its first five this coming fall. edX will be overseen by a nonprofit organization governed equally by the two universities, each of which has committed $30 million to the project.And that JV followed hard on the heels of MIT’s announcement last December that it was starting an open online learning project, called MITx. Its first course offering, “Circuits and Electronics,” debuted in March and attracted an enrollment of about 120,000. Those who complete the course get a certificate of mastery and a grade, but no official credit. That’s similar to what will happen with edX.Developments like this require a new acronym, you know. So we are going to have to become comfortable with MOOC, which stands for “Massively Open Online Course.”MOOCs are a hot topic on both coasts and everywhere in between. At the same time as the Boston duo was trumpeting edX, another consortium – consisting of Stanford, UCal Berkeley, Princeton, and the Universities of Michigan and Pennsylvania – was introducing Coursera.Unlike edX, Coursera is a commercial company. The founders – Stanford computer scientists Daphne Koller and Andrew Ng – have so far attracted $16 million in venture capital from such luminaries as John Doerr of Kleiner Perkins Caufield & Byers – who has backed some of the world’s most successful entrepreneurs, including the likes of Larry Page, Sergey Brin, and Eric Schmidt of Google; Jeff Bezos of Amazon.com; Scott Cook and Bill Campbell of Intuit; and Mark Pincus of Zynga.The tech behind MOOCs – characterized at the moment by video-lesson segments, embedded quizzes, immediate feedback, and student-paced learning – is still evolving, albeit rapidly. And the future is unpredictable.However, “Projects like this can impact lives around the world, for the next billion students from China and India,” says George Siemens, of publicly supported, online Athabasca University in Canada. “But if I were president of a mid-tier university, I would be looking over my shoulder very nervously right now, because if a leading university offers a free circuits course, it becomes a real question whether other universities need to develop a circuits course.”Put another way, if you have a choice between a course taught by an average professor at your school and one taught online by a nationally recognized expert in the field, which are you going to pick?One such expert is Sebastian Thrun.Thrun is a computer scientist, a research professor at Stanford, and a Google Fellow. At Google, he founded Google X, which has launched projects like the self-driving car and the new Google Glass wearable computer. In 2011, he offered a free online course through Stanford called “Introduction to Artificial Intelligence.” 160,000 students from all over the world signed up… 800 times the number that used to pack his lecture halls at Stanford.That level of global interest convinced Thrun that MOOCs are the wave of the future. So he gave up his Stanford tenure last year and cofounded a new company called Udacity. As Thrun describes his “Matrix” moment: “Having done this, I can’t teach at Stanford again. I feel like there’s a red pill and a blue pill, and you can take the blue pill and go back to the classroom and lecture your 20 students. But I’ve taken the red pill. And I’ve seen wonderland.”Classes from Udacity, which has been generating a lot of buzz in academic circles, are different from simply watching a recorded lecture. Besides letting you proceed at your own pace, they’re interactive, stopping to quiz you on what you’ve learned. They also use Google Moderator to let students submit questions.Startup money came out of Thrun’s own pocket and from a venture capital firm, Charles River Ventures. He opened his school in late February with two offerings from the computer field he knows so well: “Programming a Robotic Car,” which he taught, and “Building a Search Engine,” taught by Dave Evans of the University of Virginia. Four additional courses were added in mid-April, and five more at the end of June. The last batch incorporated subjects outside of computing, and Thrun says his ultimate intention is to offer a fully rounded curriculum.As with the other new online schools, Thrun’s courses are not for credit. You can’t pursue a B.S. in Computer Science through Udacity. So in that sense, MOOCs are not an immediate challenge to brick-front institutions. But down the road, might they become accredited and degree-granting? While possible, it’s not likely, because it would be difficult to offer a fully comprehensive degree program without charging for it.Since they don’t charge and don’t intend to, the obvious and giant looming questions are: how are they going to make ends meet? What’s the business model here? After all, the seed money will run out eventually. By then, the nonprofits will be expected to stand on their own electronic feet, while the private companies will be facing early, anxious investors who expect some kind of return on capital.So far, no one is saying exactly what the business plan might be. The only revenue stream that the major new MOOC providers have said they will pursue is charging a fee for a certificate. Coursera, the largest, with over 1 million registrations, says it may charge between $30 and $80 per certificate, depending on the course. MIT and Harvard expect to charge a “modest fee” for the opportunity to earn an edX cert.Problem is, these are tough courses. Among MOOCers, only a relatively small group – between 10 and 20% – successfully makes it all the way through the final exam to cert eligibility.But Daphne Koller of Coursera notes that course registrations are on such a massive scale that monetizing merely 20% of them makes the business potentially sustainable. Doing the math: a million registrants x 0.20 x $55 (avg. cert fee) = $11 million. And if the million students turn over two or three times a year, then revenues could be a multiple of that. It might be sufficient.Growth prospects remain a question mark, however, and the whole thing depends on the worth of the certificate. If it proves to have value to a prospective employer, then of course more people will strive to get one. But if it’s not held in high regard, then the great bulk of registrants would remain non-paying, simply seeking the knowledge without the paper, as is generally the case now. Revenues would suffer.Another possibility is “job matching,” and here’s where Udacity’s Google connection becomes provocative. Udacity has admitted it might serve as a kind of headhunter to the information industry. But instead of just presenting students with certs that they can list on their résumés, Udacity would set up matches that bring together exceptional students and companies looking for someone with that particular skillset. And it would take a commission for each successful marriage.Here again, it’s questionable how much such a venture would bring in, given the low percentage of students who are apt to be placed and the competition from highly credentialed specialists already seeding their résumés across Silicon Valley. But Coursera’s Koller and Udacity’s CEO, David Stavens, maintain that this service should generate enough money to help beef up the companies’ bottom lines. In Silicon Valley, headhunters generally get paid finder’s fees equivalent to 20% of a software engineer’s starting salary, Stavens says. That could mean around $15,000 per match, or $1.5 million per hundred – definitely not chump change.Koller also points out that the MOOCs will have a deeper knowledge of their students’ capabilities than an employer could glean from a standard college transcript. “Employers [could] be able to search against our databases, where you have very detailed, quantitative performance information on people across different skill sets,” she says. “That might be something they would be interested to look at,” and perhaps might be willing to pay for the right to peek.If you’re Google, whom would you rather hire, someone fresh out of a traditional college with a general CS degree or a programming genius who has proven his or her worth to you by acing Udacity’s tough online course in search engine structure?Thus, the current industry rumor, that Google is already raiding Udacity for its future superstars, just might not be unfounded (it’s amazing what companies like Google will do to procure top tech talent).Another possibility for MOOCs down the road is lead generation. Info on the many students who do not complete their courses might be sold to traditional online programs where they might have better luck. Lead gen is a big business, and Koller says it’s under consideration.Ann Kirschner, dean of the honors college at the City University of New York, suggests that MOOC providers could sell “accompanying content and services, so that it’s not all about the courses themselves.” The companies might make money by providing or outsourcing library resources, tutoring services, and other facets of the normal university life. “That ‘envelope of learning’ is going to have to happen somehow in order for this concept to really take off, and in creating that envelope will be opportunities for new businesses,” Kirschner says. The MOOC companies might do it themselves, or a new satellite industry might grow up around them.Adding “layers of more robust assessment” to their courses is another way to go, says Paul LeBlanc, the president of Southern New Hampshire University, a school that has a strong national online presence. A higher tier of feedback and human interaction – “something that inches closer to credit-bearing,” in LeBlanc’s words – might be a feature students would be willing to pay for, especially if it layered on greater credibility with prospective employers.All of these potential sources of revenue have their pros and cons. But in the end, LeBlanc says, “Most of the stuff that will hold up over time, will be that which is attached to the brand … [if] everybody would put it on their résumé, they could make a billion dollars.”Maybe. But in order to get there, MOOCs will have to maximize their strengths.Convenience and access to world-class instruction are not all they have going for them. There is also the prospect of selecting from a wide array of different lecturers with differing perspectives from across the planet; you could take the same subject twice, from separate scholars, extracting the best from each; two professors could link up to team teach, taking the parts of the subject in which they are most well-grounded; or the team might consist of experts in different but related disciplines, teaching together in a bidirectional learning experience, helping break down the historic walls between university departments.MOOCs are by no means incompatible with traditional instruction, either. The two could combine, with far-flung masters supplying the lectures and on-site mentors concentrating on the more intimate give-and-take of one-on-one tutoring.There are also many potential hard questions. Brooks wrote:“Will online learning diminish the face-to-face community that is the heart of the college experience? Will it elevate functional courses in business and marginalize subjects that are harder to digest in an online format, like philosophy? Will fast online browsing replace deep reading? If a few star professors can lecture to millions, what happens to the rest of the faculty? Will academic standards be as rigorous? What happens to the students who don’t have enough intrinsic motivation to stay glued to their laptop hour after hour? How much communication is lost – gesture, mood, eye contact – when you are not actually in a room with a passionate teacher and students?”Those questions will be answered one way or another, because MOOCs are here to stay. They won’t replace the higher-educational experience as we know it – after all, students probably learn as much swapping ideas with their peers as they do in the classroom – but they will surely transform it.With student debt loads at all-time highs, and with students from around the world simply unable to even dream of attending places like MIT in person, the demand for these courses will likely grow like crazy. If quality and availability continues to improve, they could become a real threat to the sustainability of growth in the university system.Free courses from nonprofits or sponsored by companies with an eye toward large recruiting bases might pull marginal students out of the expensive university system, threatening the less elite schools. And they might cause the most talented kids – regardless of country of origin – to skip the degree system altogether and jump from a brilliant MOOC performance right into a high-paying job, much like the pros recruit sports stars directly from high school or early college.No one can say how it’s all going to shake out, not at this early stage. But at least some universities are not going to just sit around and wait to see what happens.In summary, David Brooks wrote:“The early Web radically democratized culture, but now in the media and elsewhere you’re seeing a flight to quality. The best American colleges should be able to establish a magnetic authoritative presence online. My guess is it will be easier to be a terrible university on the wide-open Web, but it will also be possible for the most committed schools and students to be better than ever.”That seems like a good guess.Bits & BytesGenetic Test Predicts Autism Risk (FierceBiomarkers)Characterized by abnormal social interaction, impaired communication, and stereotypic behaviors (i.e., constant and repetitive actions), Autism Spectrum Disorders (ASDs) are a complex group of developmental disorders that affect about 1 in every 150 children. The cause of ASDs is poorly understood, but scientists have long thought they have a genetic basis. Now, researchers from Australia have developed a genetic test capable of predicting the risk of developing ASDs. The team used data from the Autism Genetic Research Exchange (AGRE) to create a genetic diagnostic classifier, consisting of 237 single-nucleotide polymorphisms (SNPs) in 146 genes to correctly predict ASD diagnosis in more than 85% of cases from a Central European cohort. The results are published in Molecular Psychiatry.One of the study’s authors, clinical neuropsychologist Dr. Renee Testa, said the test would allow clinicians to provide early interventions that may reduce behavioral and cognitive difficulties that children and adults with ASDs experience. “Early identification of risk means we can provide interventions to improve overall functioning for those affected, including families,” she said.iPhone 5 Revealed (Technology Review)After months of speculation on what it would bring, the iPhone 5 was finally unveiled yesterday in San Francisco. The device itself has received many rave reviews, but analysts were initially a bit disappointed that everything shown off was as expected. Shares of Apple traded lower immediately after the media event but ended the day up 1.4% at $669.79. As far as features go, the new iPhone 5 is 20% lighter than the 4S and 18% thinner. It has a larger, four-inch retina display and is powered by a new chip, the A6, which is said to be a full two times faster than the A5 chip in the iPhone 4S. Apple stuck with an eight-megapixel camera for the phone, but it is said to have much better low-light performance than the previous model. You can preorder the iPhone starting tomorrow (September 14), and it will start shipping to consumers on September 21.Nano-Velcro Traps and Detects Heavy Metals in Contaminated Water (Gizmag)Heavy-metal contamination is a problem in waterways around the world. Conventional detection methods require taking samples to a lab and analyzing them on expensive equipment. But using what it calls a kind of “nano-velcro,” a team of researchers from Switzerland and the US has reportedly developed a cheap way to immediately ascertain the levels of heavy metals in lakes, rivers, and the fish pulled out of them. The technology consists of a strip of glass covered in a film of nanoparticles that are themselves covered with tiny hairs. When a positively charged heavy-metal ion – such as a methylmercury ion – comes into contact with these hairs, they close up and trap it. The level of heavy-metal contamination can then be calculated by measuring the voltage across the nanostructure. The team of researchers says the nano-velcro strip could potentially cost less than $10, and the voltage measuring device would cost only a few hundred dollars. Plus, the analysis can be carried out in the field, and the results are available immediately.The Zuckerberg Bounce (Forbes)Facebook CEO Mark Zuckerberg took the stage at TechCrunch Disrupt yesterday, and his appearance fueled a rally for FB shares. The stock closed up 7.7% yesterday at $20.93, with volume surging to 121.5 million shares, more than three times average daily volume over the past three months. Investors apparently liked what Zuck had to say about his commitment to mobile and new opportunities in search.
In This Issue.* Euro climbs above $1.34 * Japanese yen continues to slide * US trade deficit widens on increased imports * Bud Conrad comments on the Fiscal Cliff dealAnd, Now, Today’s Pfennig For Your Thoughts!The euro continues to climb, vaulting through $1.34 for the first time in almost a year… Good day. I want to start off this morning’s Pfennig with a quick correction/clarification of something Chuck ran on Friday morning. Chuck encouraged all of the Pfennig readers to go out and sign the petition to force the government to audit the US government’s gold holdings. But apparently the link Chuck provided in Friday’s Pfennig was shut down and removed. Here is what Chuck had to say: “So, I immediately went into conspiracy mode, and thought that. The Gov’t put it up on their website, thinking that no one would notice it, then in a couple of months they would be able to say, that the people didn’t demand an audit when they asked… Unfortunately for them, someone noticed and the word got out, and seeing thousands of names on the petition being added, the Gov’t pulled it, before it got to 25,000…” But in the end. it was just a bad link (I had gotten it from the GATA site). Chuck was able to find another link which seems to work (I tried it over the weekend) here is where you can all sign the petition and watch the government squirm. We only have until Feb 8th to sign.Direction was given to Friday’s markets by the euro which continued to march upward vs. the US$. The positive rhetoric by ECB President Mario Draghi continued to support the euro which climbed quickly through the $1.32 handle and then vaulted right through $1.33 touching $1.3404 as a high. This is the highest level for the euro in almost 11 months. Both Mario Draghi and Luxembourg Prime Minister Jean-Claude Juncker, who leads the euro-area finance ministers, made convincing arguments last week that the ‘worst is now behind for the euro’. But is the worst really over? Or is the European debt crisis simply taking a back seat while the US debt ceiling and budget negotiations dominate the markets?Draghi pulled off what has got to go down as one of the best verbal interventions of all time with his statement regarding ‘unlimited support’ for the European bond markets at the height of the European debt crisis. This can now be seen as a definite turning point in the crisis, and what is sometimes forgotten by the markets is that the European Central Bank has still not spent a single euro supporting Draghi’s statement. No country has asked the ECB for the help which Draghi offered last summer, but the markets continue to be convinced that help is available, and that has kept the bond vigilantes away.2012 was definitely a challenging year for the euro area, but Draghi and the ECB seem to have pulled through the worst and are actually looking forward to 2013. “We spoke a lot about contagion when things go poorly, but I believe there is a positive contagion when things go well,” Draghi said. And you really can’t argue with Draghi’s optimistic outlook. The markets are no longer betting the Euro will collapse, and even a Greek departure is no longer such a ‘sure thing’ with bets placed at Intrade.com implying just a 15 percent chance vs. a 49 percent chance at this time last year. And the rest of the PIIGS are also looking better. The economies of both Portugal and Ireland, two of the first countries needing help, are looking better. Chuck sent me a note last night regarding something he had read on the plane down to Florida: Just read in The Economist, which is always required reading when I travel, and came across an article On Ireland. Our ancestor’s homeland may just may be able to leave their bail out program at the end of this year! WOW!So much for all those that say austerity doesn’t work eh?The currency strategists over at Goldman Sachs certainly think the euro will continue to move higher. A report released last Friday by strategists in London said the euro would strengthen to a 14 month high of $1.37 in the near term. It always gives me a ‘warm and fuzzy’ when the boys over at Goldman agree with our thoughts, as Goldman Sachs is still in charge of the global financial system.The other big mover in Friday’s currency markets was the continued slide of the Japanese yen which reached its weakest level since June 2010. The new Prime Minister continues to push the Bank of Japan for further stimulus measures in order to boost the stagnated Japanese economy. Abe will probably get the BOJ to adopt the 2% inflation target which he as been advocating; double their current 1% target. This would allow the BOJ and Abe’s government to get even more aggressive in their attempts to stimulate their economy. The yen continued lower Friday after the Japanese announced they would spend 10.3 trillion yen in new stimulus plans.The weaker yen has made the return of the ‘carry trade’ very profitable for investors. Readers may recall I spoke about the return of this carry trade a few months ago, just when the Japanese yen began its slow spiral down in value. Data compiled by Bloomberg showed carry trades funded by the Japanese yen returned an annualized 77 percent in the past three months. This compares to a 7.8% gain for carry trades funded by the dollar, and a loss of 4.3% for those trades funded with euros. The Japanese economy continues to be stuck in a funk, but the rest of Asia is recovering. According to data I found on Bloomberg, Asian economies are expected to expand an average of 4.8% during 2013 compared to just .65% growth in Japan. This higher growth should continue to benefit the currencies of China and Singapore, both of whom tend to use their currency as a tool against higher inflation which typically accompanies higher growth rates. We have pointed out Singapore’s use of their currency as a means to combat inflation in many of the presentations we give to interested investors. While many central banks choose to combat growing inflation pressures with increased interest rates, the export driven economies of Singapore and China put more focus on using their currency levels to combat inflation. As the global economy continues to heat up, raising inflation expectations, the central banks of Singapore and China could continue to allow their currencies to appreciate.The commodity currencies were slightly lower over the weekend, but the moves lacked any real conviction. Both the Aussie and Canadian dollars fell from their strongest levels in over a quarter, and the pull back was largely seen as an adjustment after the recent moves. Positive news out of the Chinese economy has bolstered all of the commodity currencies recently. A report released on Friday showed inflation accelerated more than forecast to a 7 month high. Chinese inflation rose 2.5% in December from a year earlier, compared to an increase of 2% gain in November. The increasing inflation data has caused some investors to worry that China’s recovery could overheat again.Does anyone else feel this is just a bit ridiculous? We have stories one month stating the Chinese economy is heading for a ‘hard’ landing, and then the next thing you know we have other stories claiming the Chinese economy is at risk of overheating. I guess all of these knee jerk reactions should be expected since most investors don’t feel they can trust the numbers coming out of China. More transparency in the Chinese financial markets could go a long way toward smoothing out some of these volatile reactions to data releases, but that will take time. Reports on Friday showed the US trade deficit which unexpectedly widened in November. The deficit swelled to $48.7 billion from October’s $42.1 billion shortfall. This widening surprised the markets, and our oiwn Chuck Butler who felt the deficit would probably narrow as oil prices moved lower. But imports actually increased 3.8% with purchases of foreign made cars and parts leading the surge. Exports also increased, but could only manage a 1% move during the month of November. The future does look a bit brighter for the trade deficit though, as a falling dollar and recovering global markets should lead to an increase in exports. This is one of the ‘silver linings’ of the devaluation of the US$, our exports get cheaper and can better compete in the foreign markets. But as Chuck pointed out during a conversation on the desk last week, the US really doesn’t export anything anymore, so any positive impacts of a falling US$ will probably be minimal.Then There Was This. Bud Conrad over at Casey Research, put his own viewpoints on the recent Budget Deal aka the Fiscal Cliff deal… I couldn’t agree with him more! here’s Bud… “I had been trying to ignore the massive, blanketed coverage by our media of this political circus. I knew ahead of time what the result would be from this deficit-cliff exercise. When it comes to holding the line against more government deficits, spending, and taxing, our government is dysfunctional. This event is more seminal than the results indicate: we can expect the politicians to repeat this process in a couple of months, and so on until there is a major loss of confidence in the dollar. There will be no return to fiscal responsibility. My point is simply this: we are already beyond the point of ever returning to a sensible, balanced-budget system. We may be distracted by wars, some crazy or false-flag terrorist event, or by even a natural disaster, but the conclusion is already inevitable: The US dollar will be toast; Treasuries are a dangerous investment; interest rates will start rising; and even the massive Federal Reserve manipulation supported by the banking cartels will be unable to overcome that. We will likely start in a slow fashion his year and will escalate out of control in the decade ahead.”Thanks to Chuck for pointing Bud’s piece for me to include in today’s Pfennig. Chuck also sent me an update regarding the trillion dollar platinum coin he mentioned last Friday. I was a bit amazed that many people were actually pushing this idea to the White House, but the Treasury department came out with a news alert carried by the Wall Street Journal over the weekend stating that they won’t pursue the idea of the platinum coin. Maybe they heeded Chuck’s warning on just what that coin would mean for the dollar!To recap. The euro vaulted through the $1.33 level and reached a 11 month high of $1.34 on ‘good vibes’ sent out by Draghi and Goldman Sachs. The Japanese yen continued to move higher (dropping in value) after the new PM pushed for even more stimulus measures. Rising inflation expectations should boost the Singapore dollar and Chinese currencies. And reports out of the US on Friday showed the trade deficit unexpectedly widened in November.Currencies today 1/14/13. American Style: A$ $1.0566, kiwi .8413, C$ $1.0153, euro 1.3363, sterling 1.6076, Swiss $1.0906. European Style: rand 8.6994, krone 5.5136, SEK 6.4582, forint 222.15, zloty 3.0836, koruna 19.1676, RUB 30.228, yen 89.32, sing 1.2260, HKD 7.7524, INR 54.50, China 6.2203, pesos 12.6545, BRL 2.0324, Dollar Index 79.539, Oil $94.04, 10-year 1.84%, Silver $30.76, Gold $1,668.95, and Platinum $1,656.50.That’s it for today. Did you catch any of those football games this weekend? While last week was a bit of a yawner for games, this week certainly had some great last minute lead changes. Our spring like weather which had spoiled us a bit last week moved away over the weekend and the 60 degree temps were replaced with wind chills in the single digits. But it made it a perfect weekend to make a fire and watch the playoff games. Hockey is baaaaack. The St. Louis Blues took to the ice this weekend and there were over 6,000 fans who attended their first practice since the end of the lockout. The Blues will begin their season this weekend at home against the Detroit Red Wings; GO BLUES!! Hope all of you had a great weekend, and thanks for reading the Pfennig. Have a Marvelous Monday!Chris Gaffney, CFA Vice President EverBank World Markets 1-800-926-4922 1-314-647-3837
You’ll note that JPMorgan et al have been taking tiny slices out of gold, silver and platinum every day this week. These “salami slices” normally culminate in a huge engineered price decline.And as I write this paragraph, the London open is twenty minutes away. Gold and silver didn’t do much of anything in morning trading in the Far East on their Friday, but both began to head lower around lunch time in Hong Kong, just as it has been happening all week—and both are down from yesterday’s close in New York. Platinum and palladium have been chopping sideways. Net gold volume is a hair under 14,000 contracts—and silver’s net volume is very quiet as well at 2,900 contracts. The dollar index hasn’t been doing much, but is currently up about 8 basis points. Nothing to see here once again.Today we get the latest Commitment of Traders Report for positions held at the close of COMEX trading on Tuesday—and I, like Ted, am hoping for a slight improvement in the Commercial net short positions in both gold and silver. But based on the reporting week, it’s too close to call at the moment.We also get the latest Bank Participation Report. This is data extracted directly from the COT Report, which shows the COMEX futures contracts, both long and short, that are held by the U.S. and non-U.S. banks as of Tuesday’s cut-off. I’m expecting them [and the COT numbers] to be ugly once again—and it’s for that reason I’m more than nervous about the price set-up at the moment. I may have a better feel for it after the job numbers are released this morning. If “da boyz” are going to do anything, that would be a perfect time. However, both Ted and I have been waiting for the hammer to fall for a while now—but so far, nothing. So we wait.And as I send today’s effort off into cyberspace at 5:15 p.m. EST, I see that the gold price is continuing to head south—and is down about five bucks at the moment. I also note that the HFT boyz put the boots to silver at exactly 9 a.m. in London trading—and it’s currently down two bits from Thursday’s close. Platinum and palladium are down four dollars each. Gold volume is just under 26,000 contracts, which isn’t overly heavy considering the price action. Silver’s net volume is a bit under 7,000 contracts—and that’s a surprisingly low number as well.The almighty dollar index is now up 34 basis points.Based on what I see in front of me at the moment, I look forward to the precious metal price “action” at 8:30 a.m. EST with some fear and trepidation although, as I say at times like this, I’d love to be spectacularly wrong.That’s all I have for today. Don’t forget to sign up for Casey Research‘s free webinar that’s mentioned in the last Critical Read of the day—and to save you from scrolling up, the story is linked here.Enjoy your weekend, or what’s left of it if you live west of the International Date Line—and I’ll see you here tomorrow.Pershing Gold is an emerging Nevada gold producer on a fast-track to re-open the Relief Canyon Mine, which includes three open-pit mines and a state-of-the-art, fully permitted and constructed heap-leach processing facility. Pershing Gold is currently permitted to resume mining at Relief Canyon under the existing Plan of Operations.Pershing Gold’s landholdings cover approximately 25,000 acres that include the Relief Canyon Mine asset and lands surrounding the mine in all directions. This land package provides Pershing Gold with the opportunity to expand the Relief Canyon Mine deposit and to explore and make new discoveries on nearby lands. The Company is currently listed on the OTCQB and has submitted an application to up-list to the NASDAQ stock exchange.Here are four more photos from Sedona and area. The first is the interior of the Chapel of the Holy Cross—the photos of which adorned yesterday’s column. The second and third photos are two more view shots taken from either side of the church. When I [finally] make my millions in the precious metal market, I’m going to buy the house in the right foreground in photo #2 and use it as rental property. The third photo was taken on the walkway up to the chapel. Don’t forget the ‘click to enlarge‘ feature. I’m more than nervous about the price set-up at the momentIt was another day where gold rallied in Far East trading until 1 p.m. Hong Kong time—and then then the not-for-profit sellers showed up, with an interim low coming at the 10:30 a.m. GMT morning gold fix in London. It rallied a bit from there—and really took off to the upside the moment the London p.m. gold fix was done for the day. That rally got hammered flat—and “da boyz” set the low price tick at the 1:30 p.m. COMEX close. The gold price rallied a bit into the close of electronic trading.The high and low on Thursday were reported as $1,208.90 and $1,195.80 in the April contract.Gold finished the Thursday session at $1,198.00 spot, down another $2.30 from Wednesday’s close. Volume, net of roll-over out of the April contract, was pretty light at only 104,000 contracts.The silver price pattern was virtually the same as gold’s, so I’ll spare you the play-by-play on that precious metal.The high and low ticks, which are barely worth the effort of looking up, were recorded by the CME Group as $16.355 and $16.14 in the May contract.Silver was closed in New York yesterday at $16.20 spot, down another 1.5 cents. Net volume was very quiet once again at only 20,500 contracts.The platinum price followed an almost identical path to gold and silver as well—and it finished the Thursday trading session at $1,176 spot, down 4 bucks from Wednesday.Ditto for palladium, expect the price got hit for a full percent at 10:40 a.m. EST, the precise same time as the other three precious metals got it in the ear from the HFT traders and their algorithms. Palladium recovered most of its loses—and only closed down a buck at $823 spot.The dollar index finished the Wednesday trading session at 95.91—and began to head higher as soon as trading began in the Far East on their Thursday morning. There was an interim top at 96.25 around 2:30 p.m. Hong Kong time—and it traded flat until shortly after 12 o’clock noon in London. It then it rolled over hard, cutting through the 96.00 price mark like the proverbial hot knife through soft butter. But, once again, ‘gentle hands’ were at the ready. The subsequent rally topped out at around the 96.55 mark at precisely 12:00 o’clock noon in New York. From there it faded into the close. The dollar index finished the Thursday session at 96.35—up another 44 basis points.The gold stocks opened around unchanged, but with a positive bias—and really took off in the rally that began at the London p.m gold fix. The high tick for the shares came at the same time as the high tick in the gold price—and from there they sank back to unchanged—and chopped sideways into the close. The HUI finished down 0.09 percent.The silver equities followed a similar pattern to the gold shares, but the price action was much weaker, as Nick Laird’s Intraday Silver Sentiment Index closed down another 1.26 percent.The CME Daily Delivery Report showed that 4 gold and 8 silver contracts were posted for delivery within the COMEX-approved depositories on Monday. In silver, Jefferies issued 7 contracts—and once again JPMorgan was the big long/stopper with 6 contracts in its in-house [proprietary] trading account. The link to yesterday’s Issuers and Stoppers Report is here.The CME Preliminary Report for the Thursday trading session showed that for the second day in a row that March open interest in gold remained unchanged at 153 contracts. March o.i. in silver declined 41 contracts to 956 contracts.There were no reported changes in GLD yesterday, but an authorized participant added 1,339,489 troy ounces to SLV. I would guess that this deposit was used to cover an existing short position—and if that was the case, it can be assumed that it would be JPMorgan doing the honours.Joshua Gibbons, the “Guru of the SLV Bar List,” updated his website with the weekly data from the iShares.com Internet site—and this is what he had to say: “Analysis of the 04 March 2015 bar list, and comparison to the previous week’s list — 258,026.4 troy ounces were added (all to Brinks London), no bars were removed or had serial number changes.”“The bars added were from: Kazinc (0.1M oz), Solar Applied Materials (0.1M oz), and 6 others.As of the time that the bar list was produced, it was overallocated 186.3oz.”“All daily changes are reflected on the bar list.”There was a tiny sales report from the U.S. Mint. They sold 1,500 troy ounces of gold eagles—and that was it.There was no gold reported received at the COMEX-approved depositories on Wednesday, but a chunky 121,143 troy ounces were shipped out, with most of it coming out of Scotiabank’s vault. The link to that activity is here.It was another very decent day in silver, as 605,830 troy ounces were received—and 562,707 troy ounces were shipped out the door. The ‘in’ volume was at Scotiabank—and the ‘out’ volume was at HSBC USA. The link to that action is here.Here’s a chart that Nick sent my way last night—and I thought it worth sharing. It shows the amount of gold held in foreign and international accounts by the U.S. Fed since 2000.Then just after midnight EST Nick slid the chart posted below into my in-box. It shows the withdrawals from the Shanghai Gold Exchange for the week ending February 27. Nick said that the 37.917 tonne withdrawal that was reported was “comprised of two days before the Golden Week—and three days after.”I have a lot of stories for you today—and because of that, I’ll happily leave the final edit up to you.And while I usually only comment on Silver Eagle sales in the weekly review, yesterday’s report from the U.S. Mint indicated a sharp jump in the daily sales rate this month above not only very recent daily selling rates, but even above estimated full daily production capacity. Whereas sales for February came to a bit less than 108,000 coins per day (7 day week), yesterday’s sales for the first few days of March come to 141,000 coins per day, above previous full capacity of 130,000 coins per day. My sense is that the big buyer held back a bit recently in order to give the Mint some breathing room production-wise and away from having to fully ration Silver Eagles, as has been the case many times over the past four years. I can’t help but conclude that JPMorgan accounts for a large part of recent sales of Silver Eagles. I don’t hear of strong retail demand from my usual sources and sales of gold coins are so weak as to support the feedback of overall weak retail coin demand. Someone is a big buyer of Silver Eagles and if it’s not the public it has to be someone big. I say it’s the same big buyer of other forms of physical silver, including the delivery of COMEX March contracts. – Silver analyst Ted Butler: 04 March 2015It was just another day off the calendar where prices rose a bit in early trading in the Far East—and then got sold down after that. Any upward price movements are hammered flat before they get too far. It’s almost like price are being kept in some sort of holding pattern—but for what reason, and how long?Today we get the job numbers at 8:30 a.m. EST—and I’ll be interested to see what price ‘action’ we have at that point. Last month there was very little.Once again I have the 6-month charts for all four precious metals.
MORE INFORMATIONSewage-Filled Rail Cars Stuck in Parrish: March 1, 2018Walker County officials and residents are concerned that a company owning three sewage-filled rail cars sitting in Parrish will blow their removal deadline.Just under a month ago WVUA 23 brought you the story of the sinky train from the New York area stuck in Parrish while it waited to get shipped to Adamsville’s Big Sky landfill.At a special meeting called Feb. 28, the Parrish City Council decided the company did not have the proper business license to unload or transport sewage from Parrish and told Big Sky that they had three weeks to remove the rail cars.Parrish Mayor Heather Hall said the company appears to have about half the trailers moved, and the smell has abated somewhat.But she’s uncertain the company will have everything moved by next week’s deadline.“If there’s still quite a bit of material out there and they’re trying to move anything new in, we’ve already taken the steps and will be speaking with our attorney,” Hall said.The deadline is March 21.
Protests erupted at Hoover mayor Frank Brocato’s home last night.The protests started around 8 p.m. Nov. 27. People were demanding video surveillance of the Riverchase Galleria shooting be released.Earlier that day, Hoover City Council members had little to say after going into executive session at a special called meeting. The meeting was to discuss possible litigation against the city, stemming from the officer-involved shooting death. Those who filed the council chamber during the executive session had a lot to say, including several religious leaders, who are calling for peace and patience.“I don’t seem to see any transparency,” Mike McClure Sr., leader of the Gatekeepers Association of Alabama, said. “I think that’s the sticky part, but I understand, being an ex-law enforcement officer. I understand investigations take time. So I think here the key word would be some degree of tolerance and a whole lot of patience I think would really help in this situation.”Friends and family of 21-year-old Emantic “EJ” Bradford Jr. gathered at the 16th Street Baptist Church in Birmingham for a town hall and prayer meeting Tuesday night. Bradford was shot and killed Thanksgiving night at Riverchase Galleria by a Hoover police officer who mistakenly believed Bradford shot an 18-year-old man and 12-year-old girl moments earlier. The real suspect is still at large.The funeral for EJ is expected to be Saturday.
Students at Hillcrest High School and their parents can rest a little easier after administrators’ investigation into a possible gun threat at the school revealed a toy gun, and no real threat.A post on social media Tuesday implied there was a gun on the high school’s campus. It turns out the student had a toy gun instead.Tuscaloosa County Schools administrators say their investigation is now closed.
A man from Northport is facing more than a dozen breaking an entering charges stemming from car break-ins around Tuscaloosa.James Earl Noland, 38, is charged with 20 auto burglaries, along with giving a false name and possession of a controlled substance. Noland was out on probation on another auto burglary charge that happened in December 2017.Locations of the burglaries included the 600 block of East Skyland Boulevard, the 1600 block of Veterans Memorial Parkway, the 4500 block of Jug Factory Road, the 5000 block of Oscar Baxter Drive, the 4100 block of Courtney Drive and the 2800 block of East McFarland Boulevard.
Coach Xavi Pascual and Panathinaikos Superfoods Athens registered their second consecutive win together, a comfortable 70-59 win over visiting Crvena Zvezda mts Belgrade in the Greek capital on Friday night. The victory improved Panathinaikos’s record to 3-1, while Zvezda dropped to 2-2. Other than the visitors’ opening lead, Panathinaikos controlled things for 40 minutes. The hosts used defense to open a double-digit margin in the first quarter and increased it to 23 points early in the second. Behind Nick Calathes and James Gist, Panathinaikos had a 46-25 cushion at halftime and Zvezda never threatened. Calathes finished with 16 points, 6 rebounds and 5 assists, while Gist netted 17 in victory. K.C. Rivers and Ioannis Bourousis contributed with 12 points apiece for Panathinaikos. Ognjen Kuzmic stared with 15 points and a career-high 15 rebounds for the visitors, and Milko Bjelica scored late to finish with 12. Nate Wolters made his EuroLeague debut, scoring 8 points with 3 assists in defeat.Panathinaikos took control from the start. Gist helped matters by scoring 7 points, including a three-point play. James Feldeine hit a pair of jumpers and Calathes nailed a three-pointer as the hosts led 23-14 after 10 minutes. The Greens opened the game by making 12 of their first 13 two-point shots, including Rivers, Bourousis and Calathes, who each scored in the first 90 seconds of the second quarter. Bourousis added a triple moments later to help Panathinaikos increase its lead to 34-14. Zvezda needed four minutes to score its first point of the second quarter as Rivers drove for a dunk and a 41-18 advantage. Kuzmic collected 13 points and 8 rebounds before halftime, and sparked a 0-7 run that cut into the deficit, but Gist made sure Panathinaikos went into the break up big, 46-25. After the break, Panathinaikos was cruising and the visitors started making plays. Wolters beat the shot-clock, banking a shot in from way downtown for his first EuroLeague points, before he and Charles Jenkins got Zvezda within 61-47. Back-to-back threes cut it to 63-53 midway through the fourth quarter, but that is as close as the visitors got.Source: EuroleagueTweetPinShare0 Shares
NYON, Switzerland (AP) — Draw made Friday for the Champions League playoffs:(First-leg matches, Aug. 15-16; Second-leg matches, Aug. 22-23)Champions route:Qarabag (Azerbaijan) vs. Copenhagen (Denmark)Apoel Nicosia (Cyprus) vs. Slavia Prague (Czech Republic)Olympiakos (Greece) vs. HNK Rijeka (Croatia)Celtic (Scotland) vs. Astana (Kazakhstan)League route:Istanbul Basaksehir (Turkey) vs. Sevilla (Spain)Young Boys (Switzerland) vs. CSKA Moscow (Russia)Napoli (Italy) vs. Nice (France)Hoffenheim (Germany) vs. Liverpool (England)Sporting Lisbon (Portugal) vs. Steaua Bucharest (Romania)TweetPinShare0 Shares
ATHENS (AP) — Competitors at the Spartathlon ultra-marathon in Greece have been forced to contend with a storm buffeting Greece since before dawn on Saturday.The winner, Japan’s Yoshihiko Ishikawa, finished the 245.3 kilometer (152.4-mile) race in 22 hours, 54 minutes, 40 seconds. He was more than 42 minutes ahead of the Czech Republic’s Radek Brunner.Ishikawa, who set off from under the Acropolis at 7 a.m. local time Friday, finished early Saturday morning amid heavy rain, which had started shortly after 3 a.m.Since then conditions have only worsened, according to race spokesman Pantelis Tzertzevelis.By 3:50 p.m. local time (1250 GMT), 85 of the 387 runners had finished. About 115 more were still in the race, trying to make the cutoff time of 36 hours, which expires at 7 p.m.—By DEMETRIS NELLAS , Associated PressTweetPinShare0 Shares
OAKLAND, Calif. (AP) — Stephen Curry left with an injury and the Golden State Warriors were unable to recover in a 134-111 loss to the Milwaukee Bucks that snapped their eight-game winning streak Thursday night.Eric Bledsoe scored 26 points and Giannis Antetokounmpo added 24 points, nine rebounds and four assists as the Bucks handed the Warriors their first defeat at home this season.The two-time defending NBA champions were already missing All-Star Draymond Green and then lost Curry midway through the third quarter. The two-time MVP strained the adductor muscle in his left leg and went to the locker room shortly thereafter. He did not return.Curry grabbed at his inner thigh after trying to contest Bledsoe’s shot in transition. He is expected to have an MRI on Friday.Klay Thompson led the Warriors with 24 points and Kevin Durant had 17 points, nine assists and seven rebounds.Malcolm Brogdon scored 20 points as Milwaukee (9-2) won for the second straight time at Oracle Arena, including a 116-107 victory on March 29.Golden State Warriors’ Stephen Curry walks on the court during a timeout in the second half of the team’s NBA basketball game against the Milwaukee Bucks on Thursday, Nov. 8, 2018, in Oakland, Calif. (AP Photo/Ben Margot)THUNDER 98, ROCKETS 80OKLAHOMA CITY (AP) — Paul George scored 20 points and Oklahoma City beat Houston without point guard Russell Westbrook for its seventh straight victory.Westbrook missed his second consecutive game with a sprained left ankle. George also had 11 rebounds, six assists and six steals. The Thunder were 0-4 before the streak.Steven Adams had 19 points and 10 rebounds, and Terrance Ferguson and Dennis Schroder each added 14 points. James Harden scored 19 points, but made just 7 of 19 shots for the Rockets. Clint Capela added 17 points for Houston. The Rockets had won three in a row.Houston’s Carmelo Anthony, who played for the Thunder last season and was traded this summer, scored two points on 1-for-11 shooting. Chris Paul added 10 points.CELTICS 116, SUNS 109, OTPHOENIX (AP) — Kyrie Irving scored 18 of his season-high 39 points in the fourth quarter and overtime, and Boston overcame a 22-point deficit to beat Phoenix.Irving scored Boston’s first six points in the extra period, and Marcus Morris finished with 17 against his former team — including the tying 3-pointer with 1.1 seconds left in regulation.Devin Booker led the Suns with a season-high 38 points, and T.J. Warren had 29.TRAIL BLAZERS 116, CLIPPERS 105PORTLAND, Ore. (AP) — Damian Lillard had 25 points and Portland topped Los Angeles to win its third straight game.CJ McCollum added 23 points for the Trail Blazers, who have won six of seven.Danilo Gallinari and Lou Williams each scored 20 for the Clippers. Shai Gilgeous-Alexander had a career-high 19.The Clippers closed to 107-101 on Gallinari’s jumper, but Jusuf Nurkic answered for Portland with a layup and Los Angeles could not get any closer down the stretch.TweetPinShare0 Shares
TweetPinShare0 Shares ANAHEIM, Calif. — Texas Rangers relievers found themselves dealing with the wrong kind of buzz Sunday, first from bees in the bullpen and then from the crowd’s reaction to another mammoth home run by Mike Trout.The star slugger went deep for the fourth straight game and the Los Angeles Angels, after waiting out a five-minute delay caused by a swarm of bees, beat the Rangers 7-2.Trout hit five home runs in the four-game series and became the fourth Angels player to connect five times in one set. The two-time AL MVP went 6 for 11 with nine RBIs in the series. He hit a two-run drive off Kyle Bird in the sixth inning Sunday for a 6-2 lead.“I’ve got to keep that same approach and just keep doing my job,” Trout said.Play was stopped in the fifth when bees began flying around the bullpens in left-center field at Angel Stadium. Bird was warming up and kept throwing while swatting away the insects, but his teammates hopped the wall to get away. They ended up standing under what would be the trajectory of Trout’s 422-foot shot two innings later.Many fans cleared out of the area until the bees eventually left.Rangers manager Chris Woodward didn’t realize there was an issue until he looked out to make sure Bird was getting loose, “and there was nobody down there,” he said.Bird might have preferred staying in the bullpen with the bees after leaving a fastball over the middle of the plate to Trout, who became the first player in American League history with five homers in the first four home games of a season.“He’s not missing anything,” Woodward said. “Typically, you look at a game and most hitters don’t get a lot of pitches. He’s getting one or two and he seems to be hitting them out. Hopefully next time we face him it will be a different result.”Brian Goodwin also homered for the Angels, who have won three in a row following a five-game losing streak. Justin Anderson (2-0) threw a scoreless inning in relief.Joey Gallo hit a two-run homer for the Rangers. Shelby Miller (0-1) gave up four runs on four hits and three walks and hit one batter in two innings.The Angels scored four times in the second. Jonathan Lucroy had an RBI single, and Zack Cozart was hit by a pitch to tie it at 2. David Fletcher singled home a run and another scored on Tommy La Stella’s groundout.Angels manager Brad Ausmus was pleased his offense was able to get those four runs across without any help from Trout.“Although I say at times that Trout is going to be the bulk of our offense, on any given day we need six or seven guys in the lineup to contribute to consistently score runs,” Ausmus said.The Rangers took a 2-0 lead in the second when Gallo launched a changeup 441 feet into the stands in right field. It was his fourth home run of the season.By: Dan Greenspan, Associated Press
Editor’s note: This quiz was originally published in 2016 and has been updated.Costumes have been inspired by infectious diseases for hundreds of years, way before trick-or-treating became an American Halloween tradition in the 1920s.Take this quiz to see how much you know about global disease costumes of the past and present: Copyright 2018 NPR. To see more, visit http://www.npr.org/.
A total of 17 eateries from the North End / Waterfront and Beacon Hill are participating in Dine Out Boston, a two-week celebration of Boston’s restaurant scene taking place August 5-10 and August 12-17.Restaurants have customized their lunch and dinner menus by choosing price-points: lunch for $15, $20 or $25 and dinner for $28, $33, or $38. They can offer as many courses as they desire at their scheduled prices.*Advertisement* This is the 18th year for Dine Out Boston, founded by the Greater Boston Convention and Visitors Bureau (GBCVB) in partnership with founding sponsor American Express. This year’s charitable partner is MLK Boston – a privately-funded project to design and build a memorial in Boston that celebrates the legacy of Martin Luther King, Jr. and Coretta Scott King.Participating Restaurants:North End: Aria Trattoria, Bacco, Cantina Italiana, Lucca North End, Nico Ristorante, Ristorante Fiore, Ristorante Villa Francesca, Strega Restaurant & Lounge, TrescaWaterfront: Chart House Restaurant, Miel-InterContinental BostonBeacon Hill: CLINK., Grotto, Ma Maison, No. 9 Park Restaurant, Scampo, Toscano RestaurantFor more information, see DineOutBoston.com.
The North End / Waterfront is part of Boston Police District A-1. Our local Boston Police Department (BPD) station is located at 40 New Sudbury Street, Boston MA 02114. In case of emergency, dial 911. To reach the community service desk for non-emergencies, dial 617-343-4240.District A-1 Police hold a monthly North End Public Safety meeting on the first Thursday of the month at 6 p.m. at the Nazzaro Center, 30 N. Bennet Street. The public is encouraged to attend these meetings to learn about incidents in the neighborhood and to communicate with local police officials.National Drug Take Back Day will be held on Saturday, October 27. Safely dispose of unused or expired medications at your local Boston Police station from 10 a.m. to 1:30 p.m. Check the BPD website for a list of all districts and their station locations.*Advertisement*
Arne Jude Millares, general manager for the Visayas and Mindanao, said “all our efforts on corporate social responsibility programs aim to help the locals regain what they’ve lost.”MORE STORIESnewsinfoPM Boris Johnson visits Belfast as Brexit woes hurt UK economynewsinfoNorth Korea says it tested new rocket systemnewsinfoSen. Pia Cayetano: Judge our clan based on performanceMORE STORIESnewsinfoPM Boris Johnson visits Belfast as Brexit woes hurt UK economynewsinfoNorth Korea says it tested new rocket systemnewsinfoSen. Pia Cayetano: Judge our clan based on performanceCurrently, M Lhuillier Philippines is also rehabilitating their branches that were affected by the typhoon Yolanda. The company said that it won’t take long before they can resume operations.Read Next Children aged 13 and below were also given sweets and other treats.Financial aid came from patrons and partner companies such as TML Remittance Center Sdn Bhd (Malaysia) and Mercury Quick.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPalace open to make Dengvaxia usable again as dengue cases spikeSmart Communications also took the initiative of sending almost 1,500 SIM packs for the affected residents.For M Lhuillier Philippines, this is just the first phase of their commitment to helping communities. Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements PH protests Chinese boat swarm, warship passage Painters refuse to go quietly Trucks and cars dispatched by M Lhuillier traveled all the way from Cebu City to Leyte Island last Nov. 26 to deliver relief goods to Ormoc, Palo, Tanauan, Tacloban and accessible areas in Samar.A team from M Lhuillier distributed the relief packs containing kilos of rice, canned goods, fresh milk, hygienic supplies such as soap, toothpaste and toothbrushes to everyone who lined up during the distribution.ADVERTISEMENT Carpio gets nominated as CJ for 4th time LATEST STORIES PCSO to focus on improving transparency of gaming activities PLAY LIST 03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspension Baybayin revival makes native PH history hip View comments WHAT WENT BEFORE: Dengvaxia is world’s first dengue vaccine Locsin wants to drop ‘visas upon arrival’ privilege MOST READ SMC bags Bulacan airport project Don’t miss out on the latest news and information.
MOST READ View comments MORE STORIESnewsinfo4 men nabbed after yielding shabu, marijuana in Quezon CitynewsinfoRobbery eyed in slay of DPWH official in BulacannewsinfoMan kills brother in dispute over electricity billMORE STORIESnewsinfo4 men nabbed after yielding shabu, marijuana in Quezon CitynewsinfoRobbery eyed in slay of DPWH official in BulacannewsinfoMan kills brother in dispute over electricity bill Kids Festival Shooter in California Took Gun Illegally PBA: Rain or Shine overcomes San Miguel, McCullough’s 51 to avert sweep A 24-YEAR-OLD man was shot dead in a funeral convoy in barangay Pajac, Lapu-Lapu City last Monday afternoon.Jason Amistad succumbed to gunshot wounds in the abdomen and chest.ADVERTISEMENT LATEST STORIES Police said Amistad was riding a motorcycle driven by another man in a funeral convoy for the scheduled interment of his uncle.Police said a motorcycle boarded by three men wearing full-faced helmets stopped near the motorcycle ridden by the victim.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPasig to sue 6 enforcers for extortionOne of the backriders of the other motorcycle then shot the victim twice before they drove off, police said.Police said illegal drug connections is being looked into as a possible motive in the killing./CORRESPONDENT FE MARIE D. DUMABOC Show me the money: Price-tagging Enrique Gil’s photos PCSO to focus on improving transparency of gaming activities PLAY LIST 03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspension ACLU: 911 Toddlers and Babies Separated from Parents Inmate tries to kill self Don’t miss out on the latest news and information. Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements Capital One Data Breach Read Next NAFTA: Democrats Leveraging the Trump Administration Locsin wants to drop ‘visas upon arrival’ privilege
Page: 1 2His colleagues and staff consider him the black Tony Stark–the eccentric inventor and human component of Iron Man. Like Stark, Kerry S. Harris, the founder of Angel 7 Industries, is an inventor and lives life on the edge.[Related: Concerned Mompreneur Develops Driver Watchdog Device]Black Enteprise.com last spoke with Harris in 2012, when he was nominated for BE’s Innovator of the Year award. More than three years later, Harris’ enthusiasm for inventing and drive for innovation has only increased.A veteran of both the United States Navy and Marine Corps, Kerry S. HarrisÂ served 18 years as an enlisted sailor, a Marine Corps officer, and a Navy pilot.He holds many patents and has launched several businesses. His latest venture, Angel 7 Industries, is a holding company and high-tech think tank specializing in the design and manufacture of combat helmets, optical systems, and tactical equipment for soldiers and law enforcement officials.And yet, Harris has no formal training as a scientist or an engineer. That doesn’t stop him, though. He credits his talents at inventing to his career as a pilot.“I wanted to be a pilot since I was really young,â€ says Harris. “I used to watch the guys with the yellow wands on the [airport] fields and said, ‘One day I am going to do that.’â€“My first solo flight–there was a guy with the yellow wand waving me in. It just hit me all at one time – tears of joy; a blessing that I had been able to get there.â€Harris had become a fully licensed pilot. Yet, he had other aspirations.“Innovating and creating things to help people is what I was meant to do.â€ While many of his Navy buddies have careers that involve flying, Harris felt the path he was meant to take was different.“When I was studying aircraft I was exposed to knowledge and systems I was never exposed to,â€ he says. Harris, a former psychology major, was drawn to the intricacies of the wiring and components of aircraft.“Then I started actually making things.â€ He started by creating modified helmets that could withstand substantial impact. He also studied how to obtain patents and electronics. He currently holds 16 patents and will have 22 by next year.His company’s latest revenues were over $1 million. Angel 7 Industries makes safety gear – such as eyewear and helmets – suitable for the military and law enforcement. His consumer base is global – across Europe and in nine countries in addition to the United States.“A7’s focus is to bring value to people’s lives – mainly safety, utility, and enhanced performance. I specialize in optics, biomechanical interface, advanced electronics, and protective systems.â€Just like Tony Stark!His recent launch of protective eyewear was created with a very personal matter at stake. “We have the most ballistically sound eyewear in the world. My daughter serves in the Air Force so it’s a little more personal – what do I want her to have?â€(Continued on next page)Page: 1 2 Inappropriate? Pres. Obama Calls Kamala Harris …The Inventress Lisa Ascolese Shares Insider Tip…Meet the Black Pilot Teaching Kids How To Fly be_ixf; php_sdk; php_sdk_1.4.18 https://www.blackenterprise.com/catching-up-with-the-black-tony-stark-2/ https://www.blackenterprise.com/catching-up-with-the-black-tony-stark-2/
By FFWPU USA: The 2016 annual National Leadership Conference, themed this year as “430 Tribal Messiahship,” is a gathering of over 150 FFWPU USA pastors and ministry leaders this week in Las Vegas. Like last year, the conference embraces a family mentality where our national team of pastors and ministry leaders connect as one family and go about their day as families would, breaking up into teams of families, sharing their dreams and goals together, brainstorming together and even playing games together. The difference this year is that last year’s participants were each able to invite one more person to attend, expanding the scope of this meeting to include not only district pastors but local pastors, youth pastors, regional coordinators, and even Universal Peace Academy (UPA) cadets and Global Top Gun graduates from around the world. The intended outcome is a sense of leadership as a family, where every element and individual that makes up our national family has a shared role in leading our American movement and moving forward together.Taking place over four days, the 430 Tribal Messiahship leadership conference covers four specific areas for reaching our National Tribal Messiahship goals for Vision 2020: Celebrating Achievements, Vision and Modeling, Goal Setting, and Action. On Tuesday, April 12, the conference opened with a lunch at the International Peace Education Center, followed by worship, prayer and icebreaker activities.The theme for the day was “Celebrating Achievements.” Dr. Michael Balcomb, FFWPU USA President, gave opening remarks, and then Demian Dunkley, Director of Evangelism, gave an overview of the entire conference, its objectives and projected outcomes.The presentations began that afternoon, with FFWPU USA Vice President Miilhan Stephens giving a review of the recent International Leadership Conference in Korea, Dr. Balcomb sharing a presentation about claiming our national victories, and Collegiate Association for the Research of Principles (CARP USA) President Naokimi Ushiroda leading a follow-up reflection activity.The day closed with a garden party at the Las Vegas Family Church, where participants ate dinner and enjoyed entertainment, making for a lovely evening of family bonding. There was time to share favorite memories, during which participants learned a lot about each other’s lives, were able to connect deeply, and talked for hours on end. Several participants noted that this was a great way to open the conference, and they look forward to moving together as a family.The conference continued bright and early on April 13, starting with a Hoon Dok Hwe (scripture reading) session and a testimony given by Bay Area Family Church Pastor, Rev. Kevin Thompson, on the recent Set Free Summit in North Carolina.The theme for the day was “Vision and Modeling.” After an exercise session, breakfast, and group prayer, Continental Chairman Dr. Ki Hoon Kim talked about True Parents’ 40-year ministry in America. Dr. Balcomb followed up with a presentation on Vision 2020 and our plan for the next four years, and then Demian Dunkley gave three evening sessions about Tribal Messiahship, including discussions and guided reflections.