Friday, October 29, 2010

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That tenuous link between the Rare Earths, Electronics Industry, China and the war in Afghanistan

Rare earths are used in a wide range of consumer products: the engines of the iPhone electric cars, batteries rechargeable technology found in hybrid cars, from television screens or computer monitors lasers, through fiber optics, superconductors, magnets, catalytic converters, fluorescent lamps, are used in technologies such as magnetic refrigeration, wind turbine, and massively, even in the military.

China, which controls about 97% of world production over the past twelve months has reduced exports by almost half. In a scenario of competitive devaluation of the various countries seeking to depress their currencies to export more and to sustain growth, with the side effect of an appreciation of raw materials and therefore inflation, it could trigger a violent rise in the cost of these rare elements, which inevitably has repercussions the final consumer.

What are Rare Earth? In English "rare earth elements" or "rare earth metals" are a group of 17 chemical elements in the periodic table curious names such as lutetium, yttrium, scandium, europium or neodymium. Are the raw materials of the future for excellence, those at the base of most promising technologies of the twenty-first century, one of all renewable energies (not those we know now, as we know them now), which should "ferry" to a future more "green" and sustainable. The major consumers are China and Japan and the world demand for these items is expected to grow rapidly in coming years, such as that of dysprosium, terbium, neodymium, praseodymium and europium is estimated to increase by a minimum 8% per year, and only with respect to the use of these elements in electric vehicles in the field studies suggest increases of 790% over the next five years. A

their quality mineral, especially popular in the military is engaged in magnetism resistant to high temperatures. But the most interesting strategic

most striking is that 97% of global production of these materials comes from China, and Beijing shows every intention of using its market power in this field to force the rest of the world to accept their conditions and that is not only a transfer net capital, but also work and especially trade secrets to the West from the People's Republic.

"The balance of power in this field are all in favor of China," says a report by the Government Accountability Office (GAO) of the U.S., and without these 17 rare earth elements, there is nothing of all that today gives hope to 'industry's most advanced Philips, Siemens, Nokia, Toyota, Hewlett Packard, Apple, Sony, Canon, no large multinational industrial democracies could produce their goods.

According to reports from the GAO report to the U.S. Senate, the monopoly in Beijing in this area is actually the result of foresight government rather than the allocation of raw materials. In fact, China is 37% of known reserves of these 17 items, 18% in the former USSR, the United States 12%. But Russia has the means to extract and America in the last 12 years has blocked (in Mountain Pass, California) in the name of environmental protection.

The fact rare minerals are often combined with radioactive substances and the mines pollute far: in a democracy nobody wants, nobody wants to pay the environmental and social costs. Technologies are needed to protect miners and technologies to limit pollution from the high extraction, high investment, complex permissions, everything in fact China has never been concerned, and for this reason that controls 97% of the world, because no one else is willing to extract these conditions ...

... at least in the West. And 'in fact, news of a few months ago the "discovery" in Afghanistan is an important mineral deposit worth about one trillion dollars. The

poterebbe Afghanistan become the world's largest producer of copper and iron, but would also provide large deposits of niobium, a metal used in the production of superconductors, rare earth and large deposits of gold in the Pashtun areas of southern problems.

Lithium instead would be in large quantities in the salt lakes of western Afghanistan and the first analysis in an area of \u200b\u200bthe province of Ghazni revealed the presence of lithium levels as those of Bolivia.

Perhaps not surprisingly, soon after the announcement of the discovery of mining, it reappeared immediately the ghost of Osama bin Laden to threaten the American invaders and Barack Obama, but certainly no coincidence that the announcement of the discovery of the immense treasure is mine was given directly by General David H. Petraeus, commander of U.S. Central Command, who told the New York Times: "Here is an awesome potential. There are many "ifs", but I think it is potentially extremely important. "

A "we" can not know nothing but what you want to say, the rest you can only try to reconstruct, perhaps wrongly, a very difficult puzzle with many pieces missing, a question, and one certainty: Afghanistan is not the West ... and at this point is natural to wonder: "Maybe someone already knew what was there?"

Thursday, October 28, 2010

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Tuesday, October 26, 2010

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and that maybe if I told you back close to 17,000 of FTSEMIB?

but not today ... or exceeded by the force, or 22,500 ...

Monday, October 25, 2010

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Thursday, October 21, 2010

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Wednesday, October 20, 2010

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U.S. economy growth to slow in recent weeks. Increasingly likely a new "quantitative easing".

Fed: Slow growth for U.S. economy in recent weeks. Increasingly likely a new "quantitative easing".
The U.S. economy has grown slowly in recent weeks, with few inflationary pressures, and employers are reluctant to hire or invest between political and economic uncertainty: the Federal Reserve said today. The "Beige Book" of the central bank provides more details on an economy hampered by a slow recovery that can not generate new jobs. The report, prepared for the next session that the Fed will have to choose the addresses 2 and 3 November, does not seem intended to deflect what seems a consensus among politicians in favor of a further monetary easing. The manufacturing sector was stronger in the twelve Fed districts, driven by exports in many places, said anecdotal report on economic conditions.
The spending power of consumers is maintained or gained something, but whoever buys it focuses on expenditure needs. The housing market remains weak, although the prices seem stable. Higher prices of agricultural products and metals have bounced back on consumers, and the pressure on the payroll were minimal, the report said. In this environment, the labor market and investment remains weak.

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Tuesday, October 19, 2010

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Monday, October 18, 2010

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Saturday, October 16, 2010

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Friday, October 15, 2010

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Thursday, October 14, 2010

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Why the markets continue to rise?

The current driver that moves the markets is the euro / dollar.
weak dollar means UP markets. The increase in unemployment is not a problem financially at the moment, U.S. growth is seen as little Quantitative Easing closer, and weaker dollar .. then UP markets.
(until proven otherwise)

Wednesday, October 13, 2010

What Causes Skinny Fat

Software LifeCycle

1. Programmer produces code he believes is bug-free.

2. Product is tested. Twenty bugs are found.

3. Programmer fixes ten of the bugs and explains to the testing department that the other ten aren't really bugs.

4. Testing department finds that five of the fixes didn't work and discovers fifteen new bugs.

5. See 3.

6. See 4.

7. See 5.

8. See 6.

9. See 7.

10. See 8.

11. Due to marketing pressure and extremely pre-mature product announcement based on over-optimistic programming schedule, the product is released.

12. Users find 137 new bugs.

13. Original programmer, having cashed his royalty check, is nowhere to be found.

14. Newly-assembled programming team fixes almost all of the 137 bugs, but introduces 456 new ones.

15. Original programmer sends underpaid testing department a postcard from Fiji. Entire testing department quits.

16. Company is bought in hostile takeover by competitor using profits from their latest release, which had 783 bugs.

17. New CEO is brought in by board of directors. He hires programmer to redo program from scratch.

18. Programmer produces code he believes is bug-free.