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Life through the eyes of a market player

Jesse, of Cafe Americain, is a difficult money man to pin down politically. His politics of compassion say “left” but his financial activities say “right”. Perhaps he’s just reactive.

One thing he does do is come out with statements which are then borne out, on a variety of topics. Here are three today:


More notable is the interesting delivery month we are seeing, with plenty of warrants for the April contracts changing hands, but little to no gold showing any visible movement in the warehouses.

As you may have read, China has opened Beijing as a third point of imports of gold, in addition to Shanghai and Hong Kong. One might suspect that the numbers so closely watched by some in Hong Kong will continue to become increasingly less relevant to that actual world trade in gold. Much like the Comex.

Big things are happening behind the scenes. But you will see only traces of their footprints in the news of the day.…



Vienna, 1683

Muslims must accept Britain’s Christian values, says former Home Secretary Jack Straw

Why do people say these things, believe these things are possible?

It’s like Cameron saying they’ll claw back powers from the EU or saying Hitler might be nice to us if we ask nicely. The Muslims have no history of voluntarily giving back territory gained – in fact, they are hellbent on gaining all the time.

There is no interfaith dialogue or any sort of compromise with them. Wherever they go, they take their whole system with them and only acknowledge that system. If they see a mosque or church, they convert it to a mosque and for anyone trying to convert it back, there is death.

They’ve been doing it since the C7th – why should they change now? And we are in their House of War – they are exhorted by their Imams to wage war against the west.…

Easter Day

There are three interesting articles on Christianity at the Spectator, obviously occasioned by Easter.

If we can pass over the pagan aspects of the fertility rite to the Christian/Passover, today is clearly the one upon which the entire faith rests. Historians don’t seriously question the historicity of Jesus of Nazareth but they do fall out over the arising.

For the people of the time, the arising is certainly the clincher but not the only phenomenon deeply impressing itself on the Galilean mind, there were those miracles – or party tricks if you’re an atheist – to take into account.

The reaction of the authorities added its own authenticity and the more widely attested Roman suppression, the gnostic threat and others certainly showed this Christianity to have become a substantial problem by the 2nd century. You can call it a superstition but it’s one which grew and grew and grew and as some of the finest minds of the time fell for it, it impressed more and more.…

Ukrainian leaflets – they’re getting desperate

You may have seen the report in the Telegraph about the Rabbi in Donetsk who is angry about pro-Russians demanding that Jews register with the local authorities:

The leaflet carries the crest of the “Donetsk People’s Republic”, whose leaders have taken over official buildings in nine towns and cities across this region, in reaction to the February Revolution in Kiev.

The Chief Rabbi of Donetsk spoke with controlled outrage, holding up a piece of paper bearing an elaborate stamp with two crossed hammers.

”The last time in history that someone wrote a text like that was in 1939 in the Nazi time,” said Pinchas Vishedski.

Open and shut case, eh?    Damned Russians about to start a pogrom, a new holocaust.   Except for one tiny bit of info you may remember from Russ, the NO correspondent from Russia, who wrote:

They [Ukraine nazis] did holocaust on their teritory before Hitler came).

Good Friday reflection


A certain worthy gentleman, tireless supporter of a club whose colours, I believe, are black and white [ :) ]- who incidentally is presenting the Easter music here this year and who is also known for his scathing views on PoMo and other ignoble trends in society, interprets the calling out of wrong more as:

“l’enfer c’est les autres” - Jean Paul Sartre

On this day when a certain Carpenter’s Son is nailed on a cross, I can imagine a conversation shortly after He overturned the moneylender’s tables, following His making a general nuisance of Himself all over Galilee.

A local lad named Bobby Ferrin steps into His path and addresses Him:

“Hey Man, can’t you just ease off? Get a life, enough of all this endless ranting at the Pharisees and Sadducees or whatever group is is today. Man, you’re so full of hate, you should look at yourself. Hey – there’s good in everyone, besides – it’s all just a matter of opinion.

New tech a double-edged sword


Nothing new in this but perhaps a timeless reminder:

Digital cameras are almost everywhere, and they’re getting smaller and smarter. Whole new categories of cameras are being developed that don’t need lenses or don’t need large sensors. Instead, algorithms are being used to manipulate digitized light rays to create impressive images without traditional camera components. Here are just a few examples.