Friday, October 26, 2007

Gold !RUN! at 28 year high!

On the London Bullion Market, gold prices surged as high as 778.50 dollars per ounce, which was last seen in January 1980. A gold ounce is currently trading at 540.14 euros per ounce and $777.40 per ounce. Krugerrand gold coins are at 800 dollars while the American Gold Eagle Bullion Coins are $804.80 - $874.95 . In early European trade, the euro struck 1.4375 dollars -- the highest level since the single currency's creation in 1999.

What does all this mean? Well the euro is on the rise, the dollar is on the decrease and the price of gold is on the rise. I know nothing so please add input but does this mean oh no... is he actually going to say it... a recession? In 1979 the Gold price doubled in 7 months -- maybe because poeple wanted a sure form of investment?

Question #1 Will the price of gold double again? #2 Will there be a recession in the near future? #3 Are we currently in a recession? #4 Does the global economy and our vast daily investment in communist Chineese products affect this? #5 Will this shape the election in 2008? #6 Will this affect your future? college tuition perhaps? #7 What impact will this plays on American Manufacturing? #8 Will this create a rising superpower out of the European Union? #9 Is Europe now controlled by a central government called the EU? #10 What will have if the price of gold falls drastically? . #11 Has the price of gold ever fallen drastically? #12 What affects will this have on the housing market? #13 Is the stability of the economy totally dependent on the price of gold? #14 Will this affect the stock market? #15 What does Warren Buffet have to say? #16 How will this affect religion? #17 Will Religion affect this first? #18 Will your Aunt Selma still bake chocolate chip cookies? #19 Is this organised by a global intelligence agency? #20 Are they from the US or outside our borders? #21 Will this make Putin resign? #22 What could make Putin resign? #23 Who will replace Putin?

#24 Who will control the man who replaces Putin? #25 Will this affect the government of Columbia? #26 Does anyone care if this affects the government of Columbia? #27 Does anyone care if this affects your next door neighbor? #28 Does anyone care if this affects you? #29 Are you wearing blue socks? #30 Would anyone even think of answering all these questions? #31 How many licks does it take to get to the center of a toosie roll pop? #32 Would you believe 148? #33 You shouldn't. What city will be most affected? #34 What city will be the least affected? #35 Will this impact the car that you drive? #36 Do you even drive a car? #37 What type of car do you drive? #38 Is it made in America? #39 Are you part of the original problem? #40 Is your roommate? #41 Have you met a model? #42 What would you say to her if you had? #43 Is the sun out where you are at? #44 Do you know how to ask questions? #45 Do you find the last question ironic? #46 Do you know how long it took me to write this? #47 Do you think it was worth it? #48 Do you remember the first question? #49 Do you remember the last question? #50 Do you run?

If you take a look at the slope of the gold market its value is increased by a much in fact that its at a 28 year high. By the way just to go back to the recession thing the price of a barrel of new york crude is at $92. Not sure if that means a recession though if US profits are involved in that. Just something to consider. Please weigh in and let me know what you think all of this means.

Thursday, October 25, 2007

Disblief in Ultra Running

My disbelief is in how much I can really run. A lot has happened in the last year running-wise, since I ran the 35 miler. I still have major leg pain which increased, but I consider that to my advantage somewhat. While I am writing this I JUST heard about people who are tying their shoes for the first time to run the BOSTON! The BOSTON MARATHON! Can you imagine running the Boston for your second marathon! One of the five world class master races and also one of the fewer races in which you must qualify for. (This is why Boston can't be the first marathon you run). You really have to be fast to qualify too! 26.2 miles of fast to be exact.
If you hear more about the NOVA marathon special let me know, but probably I'll let you know, so come back soon.

I am in disbelief as to how these men and women who have never run before, train for one of the worlds top races. My disbelief in what I am have been able to accomplish through running has empowered me to strive for a lifetime goal of running the 100 mile Western States, arugubly one of the toughest races in the world. After that I plan to run the 50 mile Comrades Marathon and then the 135 mile Badwater UltraMarathon.

From their own website:
The trail ascends from the Squaw Valley floor (elevation 6,200 feet) to Emigrant Pass (elevation 8,750 feet), a climb of 2,550 vertical feet in the first 4½ miles. From the pass, following the original trails used by the gold and silver miners of the 1850’s, runners travel west, climbing another 15,540 feet and descending 22,970 feet before reaching Auburn.

Auburn -- Endurance Capital

WSER is one of the key events that have helped Auburn, CA, earn the title of
"Endurance Capital of the World."

Most of the trail passes through remote and rugged territory, accessible only to hikers, horses and helicopters.

By the way, I forgot to mention you have to finish the race in less then 1 day to qualify for the belt. 100 miles in one day. Yeah, thats all you get for finishing. A big belt buckle. Dean Karnasas has nine of those buckles. I ran my first half marathon with the incredible runner.

Sign up for '08 Here:

How to Qualify:
Including the 11 hour 50 miler requirement.

Encourage me to have more disbelief when I see you on the starting line along with me. See you soon.

Wednesday, October 24, 2007

How to Make Millions: Part 2

Doing Drug lit homework right now and I need a break so I thought I would continue to discuss the ways you can become a millionaire. First up to review the last post, the Clay institute is offering 7 million dollars to the first person to solve any one of their seven mathematical problems. One million dollars per problem that you solve. Pretty easy huh? Except for the fact that some of those questions date back over 1500 years, a couple of people have tried to solve them.

Other ideas include the following:

  1. Design a really cool site and make people pay you a million bucks to advertise on it.
  2. Marry rich.
  3. Get injured and sue.
  4. Win the lottery.
  5. Inherit wealth.
  6. Put 5 dollars a day into bank for 42 years. (with 10% interest, but then where do you find 10% interest)
  7. Buy a bank (earn more profit then most fortune 500 companies)
  8. Own a pharmaceutical company (even more profit then a bank with about 17% profit revenues)
  9. Be an high paid employee or be an employer. Just a thought: when you are in college you pay to get educated, but on the job someone pays YOU to educate YOU.

If you try, there is some chance of succeeding.

A famous millionaire has said the following:
Nine out of every 10 businesses fail, so why bother?" Here is another way to look at that -- the chance of success is 10 percent. You start nine businesses that fail and then the tenth one succeeds and you make a million bucks -- those are damn good odds. (Not sure if I agree, I don't want to lose money 9 times first. Would you?) I prefer never to lose money and slowly save it, however I do know that philosophy is stupid when it comes to wanting to become a millionaire. Don't use your money to get rich, use someone else's, like the banks, for instance. For example, borrow 50 grand, make 10 grand off of it, and return the 50 grand. Its a lot better method then just using your own money, because if you decide to use your own money its just too slow, well at least thats my opinion.

Your job is to look at the American economy and all the people in it. Now think to yourself, "What can I do that some of these people need? What can I do that would make their lives better in some way, and they would be willing to pay money for?

All you need to do is figure out a way to snag 0.00001% of the money flowing around in the American economy in one year and you have made a million dollars.

It does not have to be a complicated idea, and it does not even have to be original. For example, let's take the idea of selling pizza. People like pizza -- you know that. If you can start a pizza restaurant, and if you make $1 profit off of each pizza you sell, and if you sell a million pizzas, you have made a million dollars. It has happened before. Ever heard of Domino's? Papa John's? Pizza Hut? Little Caesars? Chuck E Cheese's? Red Baron pizza? Tombstone pizza? DiGiorno's pizza? Freschetta pizza? Lots of people have made a lot of money selling pizza. And it will happen again.

Basically in my book, I believe Earnings are proportional to work and there is no way to get rich without hard work, or awesome luck.You know its just plain unbelievable that I could be a millionaire in ten or fifteen years. Trouble is a lot can happen in fifteen years. I don't really think its a goal of mine to be a millionaire in fifteen years, if it happens it does, and if it doesn't, it doesn't.

What is my plan? Right now its finish school, then work hard so I can pay off my bills and start to earn capital with all the investment I have put into pharmacy school and my career. After I have enough capital, I plan to invest it in what the trillion dollar insurance companies invest in. (they don't seem to lose) and no I'm not going to be selling insurance.

For a totally random aside:If you've never seen the commercials for the Benelli shotgun you should take a look. The guy can shoot upside down over his head, behind his back, under the leg, basically any shot; which is pretty amazing and you should take a look if you get a chance.

Tuesday, October 23, 2007

How to make a Million Dollars

Just a cool site I found-
Jump to a random WikiAnswers question

How to earn a million dollars:

In order to celebrate mathematics in the new millennium, The Clay Mathematics Institute of Cambridge, Massachusetts (CMI) has named seven Prize Problems. The Scientific Advisory Board of CMI selected these problems, focusing on important classic questions that have resisted solution over the years.

The Board of Directors of CMI designated a $7 million prize fund for the solution to these problems, with $1 million allocated to each. During the Millennium Meeting held on May 24, 2000 at the Coll├Ęge de France, Timothy Gowers presented a lecture entitled The Importance of Mathematics, aimed for the general public, while John Tate and Michael Atiyah spoke on the problems. The CMI invited specialists to formulate each problem.
One hundred years earlier, on August 8, 1900, David Hilbert delivered his famous lecture about open mathematical problems at the second International Congress of Mathematicians in Paris. This influenced our decision to announce the millennium problems as the central theme of a Paris meeting.
The rules for the award of the prize have the endorsement of the CMI Scientific Advisory Board and the approval of the Directors. The members of these boards have the responsibility to preserve the nature, the integrity, and the spirit of this prize.