UCA Opera Theater to present The Gondoliers
CONWAY — Music lovers, especially those who enjoy opera, are invited to an evening of satire of snobbery regarding class distinctions as the University of Central Arkansas Opera Theatre presents the Gondoliers, by W.S. Gilbert and Arthur Sullivan.
The story of two just-married gondoliers who have been informed one of them has just become the King of Barataria will be told in three performances — at 7:30 p.m. Wednesday, Thursday and Friday at the Donald W. Reynolds Performance Hall at UCA. There is no admission charge. the show, which marks 25 years of the UCA Opera Theater, is in two acts and runs approximately 2 1/4 hours with one intermission.
“It’s quite a comedy,” said Wolfgang Oeste, producer of the opera and associate professor of voice at UCA. “This show is a real family show with comedy and wonderful, entertaining music, plus a great stage set. it has wonderful songs and ensemble pieces, some of which have vocal demands, but not the demands of grand opera.”
“Rob (Robert Holden, stage director of the opera and associate professor of voice and opera at UCA) and I looked around the area, and as far as Gilbert and Sullivan goes, there was no Gondoliers being offered. We said, ‘Let’s do the one that’s not being offered.’”
Oeste and Holden are in charge of musical preparation for the opera, as well as producing and directing it.
Oeste said this is a “large” show with 17 soloists and a chorus of about 30. it also has a lot of dancing in it.
“Dr. Ryan Fisher, director of the University Chorus, gave us the singers for the chorus,” Oeste said. “That saved us hours of audition time, plus it gives these kids a chance to be on stage.
“These singers are all students, and not all of them are music students. It’s about half music students, and the rest are students from throughout the campus.”
Oeste said the Gondoliers “has a considerable amount of dancing in it.
“That’s taken up a lot of time. Ruthann Curry Browne is our choreographer and has stepped right up to teach these kids how to dance. some of these young people have never danced. from day 1 when I saw them, I was in stitches. But they have grown from day to day; their bodies are in it, and their minds are in it. They actually are enjoying it.”
Oeste said the biggest challenge for him, as the producer, has been the costumes.
“And that’s not the fault of anyone,” he said. “We wanted to go with a bit of a splash. Cindy Wilkes of top Hat Costumes here in Conway has measured each person and has created authentic period costumes. the young ladies are dressed in skirts and blouses that might be seen in a Spanish town. and each man who is a gondolier wears the striped shirt, a hat and a red scarf, just like you would see in a canal in Venice.”
Israel Getzov, professor of music and director of orchestras at UCA, is the orchestra director of the Gondoliers. Tom Marhenke is in charge of set design and construction, and Frank Rodgers is the technical and light director. Rehearsal pianists are Kristin Harwell and Elsen Portugal.
The Gondoliers, which premiered in 1889 at the Savoy Theater, was Gilbert and Sullivan’s last great success, Oeste said. the opera ran for 554 performances.
Soloists in the Gondoliers include the following:
• Gianetta, a soprano role, played by Sarah Cain of Jonesboro on Thursday, and Genevieve Kimbrough, also of Jonesboro, on Wednesday and Friday.
• Tessa, mezzo soprano, played by Katie Hoover of Jonesboro on Wednesday and Friday, and Cassandra Hernandez, also of Jonesboro, on Thursday.
• Marco, tenor, played by Canon Hoover of Springdale on Wednesday and Friday, and Marque Black of Benton, a guest artist and graduate of UCA’s music department, on Thursday.
• Giuseppi, baritone, played by Jonathan Pillow of North little Rock.
• Casilda, soprano, played by Andrea Ramos of Bolivia on Wednesday and Friday, and Emily Richison of Russellville on Thursday.
• Don Alhambra, baritone, played by Nicholas Cortes of Bolivia.
• Luiz, tenor, played by Patrik Gaines of Cabot.
• Duchess, soprano, played by Ellen Westerman of Conway on Wednesday and Friday, and Karen Graham of Mayflower on Thursday.
• Duke, baritone, played by Sam Prescott of Monticello on Wednesday and Friday, and Darrell Micks of little Rock on Thursday.
• Fiametta, soprano, played by Rachel Small of North little Rock.
• Vittoria, soprano, played by Jennie R. Narissi of little Rock.
• Inez, mezzo soprano, played by Aubrey Hoult of Conway.
• Francesco, tenor, played by Bradley Byrd of Bentonville.
• Annibale, tenor, played by Shawn O’Conner of Bentonville.
• Antonio, baritone, played by Zhao Zirui of China.
• Giorgio, bass, played by Jeremy Hooper of Springdale.
• Giulia, soprano, played by Mallisa Mobley of Perryville.
Members of the opera chorus include the following:
• Sopranos Rachel Bowen, Candice Harris and Darria Johnson, all of little Rock; Mallisa Mobley of Perryville; Wu Ting Ping and Yingwei Sun, both of China; Karissa Ploense and Laken Harrington, both of Cabot; Monique Berumen and Sarah Tilman, both of Greenbrier; Lin Huang of Taiwan; and Katie Opris of Mesquite, Texas.
• Altos Ali Brass, Sally Hughes, Ebony Ellison and Carmen Thompson, all of little Rock; Rachel Rhoads of Rogers; Bailee Winterrowd of St. Louis, Mo.; Emily Schaal of Springdale; Nanko Kasuga of Japan; Cassandra Lumsey of El Dorado; Stefany Moss of Fort Smith; Amber Pederson of Mountain Home; Kirsten Trainor of Des Moines, Iowa; Candrea Travis of Osceola; and Whitney Strickland of Stayton, Ore.
• Tenors Rozelle Clay of North little Rock; Keegan Doan and Hudson Jones, both of little Rock; Chris Gooch, Michael Hinds and Jared Anderson, all of Conway; and Shaw O’Conner of Bentonville.
• Basses Malcolm Carpenter of Rogers; Jeremy Hooper of Springdale; Naruhiko Tsukudo of Japan; Antwon Staton of little Rock; Zhao Zini of China; Zach Hall of Heber Springs; Brent Morgan of Jonesboro; and William Vester of Eureka Springs.
Members of the UCA Student Orchestra include flute, Leanne Hampton of little Rock; oboe, Andreas Oeste of Conway; clarinet, Fiona Fang of China; bassoon, Nick Tucker of Blytheville; horn, Courtney Hall of Batesville; trumpet, Jonathan Monroe of Jonesboro; trombone, Michael Tucker of Monticello; percussion, Ashlee Burnam of Vilonia; violin, Charlotte Crosmer of Conway, Catherine Yang, Aileen Zheng, Alice Wang and Anna Meng, all of China, and Brian Cooper and Baron Lyle, both of little Rock; viola, Anna Bass of Conway and Will Shipley of Newport; cello, Paul Hughes and Jeremiah Glusica, both of Conway; and bass, James Hatch of little Rock, a guest musician.
This article was published April 3, 2011 at 6:00 a.m.
<a href="http://www.arkansasonline.com/news/2011/apr/03/uca-opera-theater-present-gondoliers/?news-arkansastag:news.google.com,2005:cluster=http://www.arkansasonline.com/news/2011/apr/03/uca-opera-theater-present-gondoliers/?news-arkansasSun, 03 Apr 2011 11:11:20 GMT 00:00″>UCA Opera Theater to present The Gondoliers
Natale Gaze – Stock market predictions: What next?
• Collective reader predictions:- The FTSE 100 in Dec 2011
This is Money Editor Andrew Oxlade takes you through the rollercoaster ride of recent UK stock market fluctuations. We tell you:• The history• Who predicted the crash• What to expect next
Latest:›› Japan crisis: Are UK shares oversold? (19 March)›› is the UK stock market undervalued? (11 March)›› Expert who called the rally says FTSE 100 still ‘cheap’ (16 Feb)›› Shares confidence hits 10-year high … making some investors nervous (15 Feb)
Summary: The story so far
The upbeat mood in stock markets came to an abrupt halt in March when first unrest in the Middle East sent the price of oil soaring and then the earthquake in Japan created far greater doubt about prospects for the world economy. The FTSE 100 responded by losing 7% in two weeks – from 3 March to 16 March.
Before that, it was a different story. The Footsie’s total rally to the mid-February 2011 high of 6091, represented an incredible 73% recovery from the low of 3512 in March 2009.
Last year was a decent one for shares, not as good as 2009 but pretty health all the same, with the FTSE 100 racking up a near-10% rise. It would have been much bigger if not for BP’s Gulf of Mexico oil spill: BP was the index’s biggest stock. The gain for the FTSE 250, in contrast, was 24%.
Emerging markets have done even better in recent years. The FTSE Emerging Latin America index [FT chart], rose 87% in 2009 and a further 13% in 2010 and in 2011. But jitters in the Middle East and worries that the likes of Brazil and China may be overheating means these markets have not done so well in 2011.
The rally was supported by companies revealing better-than-expected profits. That may be more difficult later in 2011, at least in the UK, when government spending cuts kick in.
Shares have also thrived because interest rates are so low – that has made it cheap for companies to operate.
The tough choice for central governments in 2011 is whether to raise rates to control inflationary pressures, which have become especially intense in the UK.
But raising rates could slow business investment and would heap pressure on the banks: if house prices were to fall as a result of higher borrowing costs then bad debts would increase for banks and it could all start another crisis. such a scenario would be very bad news for stock markets.
The best of this is Money once a week…
see our latest here »
›› 30-second guide: Beware stock market predictions (including ours)
What next for shares?Latest views from the best financial pundits
One of the City’s new prophets is Dylan Grice at SocGen. He, along with colleague Albert Edwards, have established feted status of late for making some thought-provoking assertions.
Most recently, they suggested the US stock market is 50% to 60% overvalued against the long-term average and that investors have now missed the boat with pumped up emerging markets.
Edwards has warned before. In August 2010, he predicted an ‘equities bloodbath’.
Nouriel Roubini – the so-called Dr Doom who predicted in 2006 that the world would suffer a bank-induced meltdown – warned (2 Nov 2010) that house prices would fall further and economic growth would be anaemic. Previously, he warned global shares will fall 20%.
• Central banks will stimulate economies with printed money at the slightest hint of trouble, and this has the side-effect of increasing demand for assets such as shares;
• The economic recovery was more V-shaped than expected and that may continue, improving company profits and pushing up share prices;
• Shares look very cheap vs bonds. when FTSE 100 dividend yields exceed 10-year government bonds, it means shares are a buy. this happened in late summer 2010. others say this measure is flawed because bond yields are depressed by low rates and QE;
• Inflation is on the rise and a period of gentle price pressure can be good for equities.
• Japan’s earthquake crisis will disrupt global supply chains and undermine economic demand
• The good news is all factored into prices. Investors, with optimisim at a 10-year high, are too confident.
• A fresh boom in China helped pull the world economy back from the brink. That economic charge may be slowing – the jury is out;
• A recovery in house prices has ended. A second wave of falls, leading to more bad debts, could spark another waves of bank failures or another credit crunch;
• Governments took on too much debt in the boom years, and bad debt from banks, and some could fail to meet repayments;
• Spending cuts in the UK could hamper demand, if creates greater unemployment;
• Deflation may take hold, leading to a falling spiral of consumer and asset prices, including shares.
The bottom line is that many Western governments are sitting on massive debts – paying those down will erode economic growth for many years [Why the FTSE 100 may still be at 5000 in 2020]. Some countries, such as Greece, may be already caught in a recessionary debt spiral.
And the UK stock market, when compared to earnings, actually trades below its long-run average – around 21% in August 2010, according to Capital Economics [Source: Citywire]. That, of course, assumes that analysts are right with their estimates for earnings.
But Money Week’s Merryn Somerset Webb (pictured right) says shares are overpriced based on ‘the only reliable indicator of market performance’. The cyclically-adjusted price-to-earnings ratio (CAPE) suggests the US market is not remotely cheap. CAPE is currently 23 times, significantly above its long-term average. and that was before the recent rally.
On November 5, she noted that the UK market yield was only 3% against an average of 4.4% over the past 90 years, making it considerably more expensive than the long-run average. However, she does recommend buying defensive stocks as a protection against inflation.
She has declined to give us a FTSE 100 prediction for 2011 but told us (27 Dec): ‘While I very strongly suspect that the FTSE 100 is overvalued on CAPE it is hard to say by how much as as far as I know, no one compiles these numbers for the UK in the same way they do for the US (which according to Andrew Smithers is overpriced by 70% or so on both CAPE and Q).
‘However, even if we could say for sure by how much it was overvalued it would I’m afraid help us very little as CAPE, while a fabulous long term indicator, is utterly useless in the short term. Basically my view is that while value always asserts itself in the end, thanks to QE buybacks and so on [which distorts the market], it will be little guide to the market moves of the next couple of years.’
Bill Bonner, a pathological pessimist who correctly called the decade-long bull market for gold, is also bearish. He says the stock market is undergoing a long correction and suggests there’s another six years to run.
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The FTSE 100 in the last decade:
The FTSE 100 ended the Noughties 22% below where it had started, despite a 22% rally to 5412 in 2009. A 53% rally from its March low of 3512 helped. But if you throw in dividend income, the FTSE 100 returned a total of a little less than 7% in total over the whole decade. Read more on the FTSE in 2009
The factors behind the 2009-10 rally:
• Quantitative easing and bank bailouts boosted confidence;
• Slashed rates and money printing enabled companies to borrow cheaply;
• Companies slashed costs, boosting profits
• A global depression scenario (Jan-March 2009) was replaced by more measured concerns.
The best from around the web
Financial Times – Guest columnist – 23 MarchEquity bull rally is just pausing for breath (US shares to rise 60% by 2013)
The Economist’s Buttonwood – 18 FebruaryUS shares are 45% overpriced – but they may keep rising
Risk.net – 18 JanuarySocGen warns on overvalued stock markets
Broker smithers.co.uk – 8 DecemberWhy the US stock market is 74% too high
dailyreckoning.co.uk – 5 NovemberShares will fall for six years
Marketoracle.co.uk – 4 NovemberStock market ‘insiders’ head for the exit
Zerohedge.com – 26 AugustWhy share investors are in for a rude shock
• Stock market predictions and tips for 2011• Stock market ‘bloodbath’ lies ahead• Bank of England report: shares to fall 20%• Roubini warns global shares will fall 20%• Star manager Ted Scott’s fears for the market• The no-win scenario for shares and property• Reasons why shares may fall in 2010• Read more on whether the stock market is overvalued
This commentary was written by Editor Andrew Oxlade and updated each week or as market events dictateTwitter: @andrew_oxlade
The FTSE 100 over the past year
We aim to gather views that matter, from those with a proven track record of calling the market right, or at least those who get it right more than the norm:
• Key bullish views:›› Warren Buffett: ‘Shares are far cheaper than bonds’
• Key bearish views:›› bill Bonner: Stocks are at the beginning of a major adjustment – another six years›› ‘Dr Doom’: Rally reversal in late 2010 [More Roubini gloom - June 2010]›› Shares guru Woodford warns on, er, shares›› The Economist warns on shares ‘bubble’›› Ditch shares, says prophet of doom IFA›› why the market is 20% over-priced
It’s also worth keeping an eye on the Roubini index [thestreet.co.uk]
• The inbetweeners›› Bolton (right) was bullish. now he’s not›› Speculator Jim Rogers: UK economy is dead. So go east!
›› How to spot when a bear market turns bull
Commentary from Editor Andrew Oxlade
The five-year share boom (since the 3250 Footsie low of March 2003) ended on 21 January 2008 when the FTSE 100 endured its biggest fall since the 9/11 attacks of 2001, crumbling from 6400 points to less than 5600 within a month. The trigger had been the collapse of of US investment bank Bear Stearns.
The credit crunch, which began in August 2007, had until then been a phoney war for shares. all is explained here: Credit crunch explanation
Even after that, markets enjoyed a powerful recovery from mid-March to mid-May, with the Footsie rising nearly 20% to more than 6400 points. It was a ‘Wile E Coyote’ moment, legs spinning and running off a cliff.
The root of the problems went back a decade. Excess money from the cash-rich Chinese and far East economies sloshed into Western nations, fuelling a consumer boom based on debt. this was stoked further by interest rates being set too low in the West.
The first signs of stress emerged in ’sub-prime’ mortgage lending in the US. The banks, which had done all the lending, suddenly woke up to the serverity of the crisis at the end of summer 2008, with the collapse of Lehman Brothers. The FTSE 100 plunged from 5600 at the start of September to below 3800 by early November.
The episode had already sparked a severe recession. The FTSE 100 fell more than 10% at one point on 10 October. Personally, I was enticed back to investing again on 12 October in bombed out emerging markets. why I invested. Warren Buffett gave the markets some support by revealing on 16 October that he was bullish and buying US shares.
The Footsie bounced, then fell again to a five-year low of 3,512 in March 2009. It contined to rise with an 8% increase for April – the biggest surge for six years. It also became an official bull market, having risen 20%. In late July, the FTSE 100 managed an 11-day winning streak, matching a record achieved in 2003 and 2004. The third quarter saw a 21% rise – its biggest ever.
The FTSE 100’s roller coaster since the mid-Nineties
Who predicted the shares slump?
Back in 2007, when markets remained fairly oblivious to the growing storm, we reported (see below) on warnings of bad times from emminent financial pundits.
These are people with a track record of successful investing (and I’ve also thrown in some of my own views). However, take all stock market calls and predictions with a pinch of salt (30-second guide: Beware stock market predictions) as even the world’s most revered stock-pickers get it wrong. Read about UK managers making the wrong calls.
The bottom line is that markets, by nature, are erratic and unpredictable. Nassim Taleb explains this well with his Black Swan Theory | Don’t miss: A 30-second guide to Black Swan Theory
For my part, I have UK fund investments but more money invested in emerging markets – a higher-risk strategy: Latin America | why I like emerging markets. I believe these regions will now pick up the baton from developing countries (see below). It’s paying off so far (April 2009).
This is Money has long been an advocate for sticking with equities over the long-term. See our share school. if you’re unsure, talk to an independent financial adviser (find an IFA). you may also like to try this quick investment test ‘Should you sell?’
This special report pulls together the latest reports, expert views, analysis and advice. you can also put yourself a step ahead of other investors with our newsflash alerts. We will email you when the market plunges or soars.
Or sign up for the newsletter for a weekly summary of predictions and investment advice…
see our latest here »
- this is Money’s Dan Hyde gives a full plotted history of stock market crashes since 1720.
- and we explain how this crash compares to 1929 and the depression that followed (Oct 2008)
A selection of views from BEFORE the stock market falls of 2008
›› Jeff Prestridge: I’m following the smart moneyWe reported of a warning of an imminent collapse of equity markets akin to that of 1973 and 1974, when the UK stock market fell by 73% (Dec 07).
›› FTSE 100 ‘could fall 1,200 points in 2008′Morgan Stanley’s warning was spot on. and don’t miss a full round-up of predictions from December 2007.
›› Shares guru warns of crashAnthony Bolton, arguably the UK’s best stock-picker, warned of dire times. But he first warned (prematurely) of a crash in 2006 (Jan 2008).
›› Sex, population and the predicted share crash of 2008In 2002, we highlighted a theory that claimed to accurately forecast stock markets. The prediction? A prolonged slump in shares and house prices to begin in 2008. [Updates on this].
›› Soros and Greenspan warn ‘US faces crisis’Former Federal Reserve Chairman Alan Greenspan and billionaire investor George Soros warned of a serious crisis ahead (Nov 07).
›› Buffett warns on derivatives in 2003Yes, of course the greatest investor of our age had seen it all coming years before, warning of ‘financial weapons of mass destruction’.
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Has Warren Buffet actually done anything useful for humanity with his money?
I know he is giving most of it to the bill & Melinda Gates foundation, but seriously – couldn't he think of anything better to do with it for humanity than fight AIDS in Africa?
He could use it to do almost anything, like start businesses that actually serve mankind while making a profit.
He could do so much with it; but what has he done? He's provided Africa with a couple billion free condoms.
What a difference he's made!
Has Warren Buffet actually done anything useful for humanity with his money?
Wall Street Watcher & 5 Hot Stocks for Wednesday
Stocks were slammed today as investors pulled money from risky assets due to the Japanese nuclear situation, which was upgraded to a level rivaling the nightmarish Russian Chernobyl disaster sending waves of fear into the market. A drop in U.S. exports and disappointing numbers from Alcoa (NYSE: AA) further pushed stocks into the red. Midweek holds the Beige Book, Retail Sales and Business Inventories.
5 Hot Stocks for Wednesday
JP Morgan Chase (NYSE: JPM) The venerable investment bank reports earnings before the bell with an expected figure of $1.16. Shares are off fractionally.
NovaGold Resources (NYSE: AG) A $0.07 loss is forecast during the trading day. Shares are off more than 9%.
Bank of the Ozarks (Nasdaq: OZRK) After the close, the bank has projected results of $0.69 . The stock is up fractionally.
Exelixis (Nasdaq: EXEL) The drug company climbed 3% on the session after hiring Goldman Sachs(NYSE: GS) for takeover consultations.
Atmel Corporation (Nasdaq:ATML) The semiconductor company fell more than 5% after a patent suit was filed against it in Delaware.
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Jim Rogers Blog: Japan`s Disaster And How It Impacts Commodities
“No, it will increase demand because with the nuclear power plants being closed down or damaged or under duress, Japan will have to import more oil, everybody in the world will now look at their nuclear power plants again and probably have more demand for oil and natural gas. Japan is now going to rebuild, that is going to cause big increases in demand for copper and other things. Japan wasn’t building very much in the past 10-15 years, now there is going to be a big jump in the demand for building materials in Japan.” – in Economic Times
Related: United States Natural Gas Fund, LP (Public, NYSE:UNG), United States Oil Fund LP (ETF) (Public, NYSE:USO)
Jim Rogers is an author, financial commentator and successful international investor. he has been frequently featured in Time, the New York Times, Barron’s, Forbes, Fortune, the Wall Street Journal, the Financial Times and is a regular guest on Bloomberg and CNBC.
Jim Rogers Blog: Japan`s Disaster And How It Impacts Commodities
Is this why Warren Buffet wants Obama in office?
As many know Warren Buffet is backing Obama. also, if you have heard Warren Buffet is buying up a lot of the fallen stocks; and he's picking them up at bargain prices. He's grabbed over 5 million so far and counting!
He has publicly said the best time to buy is when the markets are down, WAY down.
Hmmm, so really when you think of it, Warren Buffet has a motive for seeing the market crash, doesn't he?
The market is crashing under GW Bush's watch, or are you confused about who's president, Linda?
Edit:
Linda: We're incredibly naive and short sided in your fantasy world huh? FYI the market is way down NOW. why would Buffet think it'll be down even further in a few months? And also, Linda, you may not want to hear this, but, historically, the stock market has done better under a DEMOCRATIC presidency. And Buffet already bought the 5 million shares, so why would he want the market to go down further even if your silly little conspiracy theory is true? so who's the naive one, Linda?
Say it with me and say it with me loud: PRESIDENT OBAMA!
You don't understand the market do you? The market is already down, he has already bought the stock. now it is in his best interest for the market to go back up so he can sell at a profit. maybe he backs Obama because he knows he can get the economy back on track and make his purchases worth something. Hmmm, so really when you think of it, Warren Buffet has a motive for seeing the market REBOUND so that he can sell what he has bought in the current economy.
Um, no, that's not why Buffet supports Obama. you people are blaming him for everything–that's pretty desperate. The market is falling and will continue to fall for many many reasons, none of which has to do with Obama. That's just showing utter ignorance of how the economy works. Try again after you've taken a few economics courses.
PS A LOT of people are buying up stocks–that's how the market works.
Wow….that's it. Senator Obama and Warren Buffett caused this entire financial crisis so that the richest man alive could buy more stocks. Outstanding deduction!!!!!
I love conspiracy theories and this one is a great one.
Warren Buffet is one of the most respected businessmen in America. no one questions his integrity. Until he votes Democrat of course!
Still, I'm sure your smarter than him though.
No, he wants Obama in office because Obama's tax policy is going to make it hard for other businesses to compete with his.
Yes. It's definitely to his advantage.
He has already bought the stock.
Jim Rogers: Bull market in commodities to stay for several years « WD-Invest
LONDON (Commodity Online): Global commodities investment guru Jim Rogers says he is very bullish on commodities, especially in all the agricultural commodities, crude oil and precious metals like gold and silver.
In an interview to Bloomberg, Rogers, who is a bull in commodities market, said that crude oil prices will continue to rise for the simple reason that the world is running out of all the known reserves of oil.
“Saudi Arabia has been lying about their (oil) reserves for decades,” said Rogers. “The reason oil is going up is the world is running out of known reserves of oil,” he pointed out.
Rogers, who set up the Rogers International Commodity Index, said that gold price will shoot up to $2000 per ounce and silver price will hit $50 as the global investment demand and consumption of these two precious metals are just going up.
“Gold will go to $2000 in this decade. It’s pretty simple as far as I’m concerned. Silver will certainly go over $50. The old high on silver was $50. Silver will go to new highs again. all these prices are going to go to absurd levels by the end of the decade, by the end of the bull market,” Rogers who is famous for his books like A Bull in China and Hot Commodities said.
Read more: CommodityOnline.com
this entry was posted on March 8, 2011 at 21:39 and is filed under Worldnews. you can follow any responses to this entry through the RSS 2.0 feed. you can leave a response, or trackback from your own site.
Jim Rogers: Bull market in commodities to stay for several years « WD-Invest
Twitter Founder Wants to Make Service More Mainstream
By Jennifer Valentino-DeVries
Making Twitter more useful for the average person — that’s Jack Dorsey’s first challenge as he returns to the company he founded, he said Tuesday.
Bloomberg NewsJack Dorsey in October
“We have a lot of mainstream awareness, but mainstream relevancy is still a challenge,” he said during a discussion at Columbia University’s Journalism School Tuesday. Mr. Dorsey, who came up with the idea for Twitter, said Monday that he is returning to be product chief of the company; on Tuesday he outlined more about his plans for the next few months.
Mr. Dorsey said Twitter could make it easier for people to navigate the technology and do a better job of catering to people who use Twitter to get information rather than relay their own thoughts.
The best part about Twitter is that it allows you to do things like following “what’s happening in Egypt right now. That’s the value, not the brand ‘Twitter.’ so we need to refocus on that value,” he said. “That’s my goal in the next few months.”
The return of Mr. Dorsey marks an important change at the top of the company, which has grown rapidly in the past couple of years but is still working out the details of its fledgling business model. Mr. Dorsey was replaced in 2008 as CEO by another co-founder, Evan Williams. Mr. Williams stepped down in October and was replaced by current CEO Dick Costolo.
One big question as Twitter builds out its service: what will happen to the programmers who built tools like Tweetdeck and smartphone apps for the service? in the past few months, Twitter has either purchased or built its own products for the iPhone and other devices and raised questions about the future of the “ecosystem” that has built up around it.
Mr. Dorsey echoed earlier comments by Twitter, saying it would be better for developers to move beyond “basic” Twitter services. “It’s up to any good platform company … to really guide its developers in the right way, to inspire them to create interesting and useful applications,” he said.
What does he want to see from Twitter developers? Mr. Dorsey says he has “no idea,” but that more tools that combine information from Twitter with other services would be a good place to start.
“The interesting products out on the Internet aren’t building significantly new technologies. They’re combining technologies,” he said.
Mr. Dorsey is going to be balancing his duties at Twitter with those at his new company, Square, an electronics-payment firm that lets small business accept credit-card payments with smartphones.
“I live across street from Square, and Square is two blocks from Twitter,” he said. “I live and breathe these companies.” His break from Twitter to build Square allowed him to learn how to build products that are “approachable to consumers,” which is what he now plans to do at Twitter.
“You have a very small window in which to gain leverage” when building a start-up, he said. “We need to push hard with both companies.”
Readers, what do you think? what should Twitter do to improve?
Tonight Warren Buffet said that the US is on the way to be a Banana Republic, what is a Banana Republic?
Is is good or bad,?
And why are we heading there?
Funny you should ask.
Honduras, right now, is probably the best and most literal example. the reason that banana republics got that name is that the big banana companies, like Chiquita started up big banana plantations in Central and South America. At first it was a good deal for all concerned, but the banana companies got so powerful and ended up as such a big part of these nation's economies that they effectively owned and controlled everything, the governments, the military, the people, everything.
The President of Honduras, Zalaya, was thrown out of the country for trying to raise the minimum wage. It's a bad thing.
Banana republic is a pejorative term for a country that is politically unstable, dependent on limited agriculture (e.g. bananas), and ruled by a small, self-elected, wealthy, and corrupt clique.[1] it is most commonly used for countries in Central America such as El Salvador, Belize, Grenada, Nicaragua, Honduras, and Guatemala. In some cases, these nations have kept the government structures that were modeled after the colonial Spanish ruling clique, with a small, largely leisure class on the top, and a large, poorly educated and poorly paid working class of peons, though it might have the (fake) trappings of modernity (such as styling itself a republic with a president etc.)
If Warren Buffet says that, it is truly to consider it being a state of things to come,.he does not say those things lightly,
he also said if we keep spending money the way we do, we will be in a Hyper Inflation, before that happens the Chines will want their money back, so when you see the Chinese wanting back their bucks, you know we are very close!
Buffet is a Democrat who is now sorry that he voted for Obama, heard him say that,..
Look at the bright side, we can make lots of milkshakes…
If Buffet is making contradictory statement, well he is pretty old, might be Dementia setting in,..
the other day he said, we will not be heading in a a major recession, but going to get close,
then the next day he said on quote, I believe we are over the worst…
It is a 3rd rate country with little productivity. it is bad. We are heading there bc our debt/GDP ratio is at a devastating low. This has been caused partly due to unemployment but more to the astronomical spending of our govt.
It suggest unstable government — and few industries. being that Buffet is a democrat it is hard to say what he meant — I would need more context
buffet makes a lot of statements that piss both sides off — he is hard person to understand
where on our way to be a toilet for the world..like a lot of 3rd world countries that can only offer hospitality a beach and some palm trees..where losing our substance and core..We are more transparent than ever..our whole ecomony is based on buying, spending and lending….
If you like pina coladas and long walks in the rain…….lalalalalal
If your not into tofu…….can't stand champagne
come with me lallalalalla
thats all I remember.
Banana republic is BAD. Unless you have good weather.
It's an upscale clothing store.
Makes no sense. just this morning he said we are on our way to recovery, it will be slow. This is a contradiction.