Crass With No Class – That’s Trump

Yes. This is Donald Trump and he holds the highest office in the United States of America. You cannot defend the assertion of “crass with no class” by simply deferring to an alignment with his public policy. This is what’s been done over the past two years among those who have been defending him. You see, I actually draw a correlation between personality, personal conduct, derogatory references to minorities, and the potential for leadership mistakes. I also empathize with voters who have been disenfranchised with Washington lobbyists and governmental mismanagement leading up to a radical choice in the Republican nominee. For context, we have the latest “tweet” pertaining to the Ocasio-Cortez, Omar, Pressley, Tlaib “squad” suggesting they return to their countries despite three of the four who have only known the United States.   

The biggest trouble with these crass twitter remarks is the lack of condemnation by his peers. It’s apparent that his political peers are either afraid to rebuke his tirades in fear of reprisals or fear of becoming the actual target of yet one more of his rants. Oh yes, then there’s the fear of a defamation lawsuit in the back drop of man who threatens like a school yard bully.  It’s dysfunction at its finest and in spite of being conservative in my ideology, I’ll be looking deeply into the eyes of those who dismiss Trump’s abounding personal insults as frivolous. The evidence of him being intolerant is abundant within the public domain during his short tenure as President never mind any private relational discord he would have encountered prior.  

 Lindsay Graham has remarked but there was no rebuke. This is the same Lindsay Graham who endured insults from the tongue of Trump during the contest for Republican nominee. To be quiet amidst undeserving personal attacks of peers seeming to be racist is to condone if travelling in circles around the President. When a nation cannot conduct debate with dignity, good faith and confidence erodes.      

If “values” matter as a principal in governance, then Mr. Trump fails. If U.S “financial solvency” becomes the primary bench mark in which Trump presides and somehow his leadership facilitates the return to fiscal prudence, he’ll have a success. Or, his experience in bankruptcy and his capacity to offend may actually serve him well should the U.S. federal debt become unserviceable during his tenure.

Tennis on The Board

So, your game of the week got cancelled but you still want to work on your strokes. Do visit the board at your local community centre but practice with it the right way. The right way you ask? Since the set up is crucial as a prefix for delivering a ground stroke, it makes no sense to be scrambling with the board since the ball returns so quickly. Instead, feed the ball to the board –make your stroke and only set up for another stroke if in control and set up properly. The purpose of this practice is to develop consistency without producing bad habits which can arise when chasing down errant balls.

How important is this? It’s critical because the neural pathways need to be developed without the impedence of experience associated improper mechanics. Similar to golf, tennis is difficult to pick up without basic fundamentals learned from somebody. The teaching of tennis has positively evolved to incorporate larger more forgiving balls and smaller racquets for youngsters.  Becoming versant in fundamentals is definitely a prerequisite before approaching a board without a playing partner.  There is also no denying the strength in some of the youtube content. For those who have good coordination and average athleticism but lack a playing partner, the board can be a great resource having picked up fundamentals from youtube.  Naturally, there’s good and bad content on the net but it’s mostly good so fear not. You can always hire a tennis teacher because it’s only in the one on one setting whereby your strokes can be observed and corrected.

Yes, that’s right – I, Blair Sveinson, am a certified tennis instructor with Tennis Alberta and I invite adults to reach out if keen to take up this wonderful game. I can be reached at 403-397-3110. I’m in Calgary.

Lucroy Marisnick Collision

If a defending player makes a tag on an offensive player running the base paths but in the process loses control of the ball, so long as the base runner touches the bag or plate, the base runner will be considered “safe”. Hence; if it becomes apparent that if a base runner has made a poor decision to advance yet has committed to the play, within the rules of the came he can contrive a strategy to exert such force on the defender in order to produce a dropped ball. Without question, Mr. Marinich in the Angels Astros game on Saturday July 6th took such a strategy by deviating his path inside the baseline toward the presence of the catcher who was positioned inside the field of play to receive the inbound ball. Had this not been Mr. Marinich’s strategy, the logical path would have been outside the baseline thereby increasing his probability of success by stationing himself further from the ball.

Some MLB pundits are calling for suspension of Marinich given that catcher Lucroy has sustained an injury. It was indeed a brutal collision but I suspect Marinich was more motivated by achieving a “safe” call at home as opposed to hurting Lucroy. It’s apparent to me that the rules of baseball are more to blame that Marinich. This precise play should give cause for a rule change.

Mid Tier Gold Companies Since June 11th 2019

Yamana Gold, $ 1.92 USD to $2.55 USD for a 32 per cent move

Eldorado Gold (EGO), $ 4.11 USD to  $6.22 USD for a 51 per cent move

New Gold (NGD) went from $0.72 CAD to $0.94 CAD for a 30 per cent move

Detour Gold (DGG) went from $13.25 CAD to $16.58 CAD – 25 per cent

McEwen Mining (MUX) went from 1.39 CAD to $1.82 CAD for a 30 per cent change

Argonaut Gold (AR) went from 1.71 CAD to 1.84 CAD  for 7 per cent

Royal Nickel (RNX) – yes a gold company  went from $0.50 CAD to $0.64 moving 28 per cent

….and how much did the price of gold change from Jun 11, 2019 to July 3, 2019? Well, 9.6 per cent.

As you can see, a premium has been offered to companies with moderate market caps compared to the majors. Risk capital would have been well served with positions here. 

Not Achieving? Consider This

First of all, you are most likely achieving more than you think you are but society’s norms, customs and feeback mechanisms oftentimes communicate negatively. Hence; the conditioning you receive is not necessarily congruent with your output.  Unfortunately, there are also a few who overestimate their contribution as well. Then there’s your government with its officials who think they know who should be bestowed awards based on criteria unbeknownst to those too busy raising children, volunteering modestly, and invigorating their workplace with passion and commitment. Last time I looked, it was a hockey player receiving the Order of Canada. I’m sure she’s a nice lady. 

Here’s the thing. There is much repression in the spirit of those who have over reached with financial responsibility thereby compromising the pursuit of unique latent talent. The kicker is that it’s not just the variable of “keeping up with the Jones’” which has many stymied but also the subliminal familial and social suggestion that you are “not really good enough” or ‘how dare you be adventurous” with career when there are mouths to feed.

Here’s the other thing. You’ll never get yesterday back. It’s gone forever. If you spent yesterday by keeping your biggest aspiration tucked away in that dark closet of your mind, it’s one less day you’ll have available in fertilizing its fruition. You will have a legacy. What will it be?  

How’s The Guitar Coming Along You Ask?

Well, it’s been about 2 1/2 years since getting serious about guitar. This is my old Fender Gemini III from 1987 which basically sat in storage until 2016. Looking back at the “set up” of the guitar and learning much about the “build characteristics” of acoustic guitars, it’s not surprising that I turned away from learning the instrument so quickly back in 1987. The “action” was “high” meaning that it needed a “truss rod adjustment”. Now I’ve made it easier to play and is a nice complement to my new Yamaha FG800. I’ll let the video do the talking from here on out.

Options Leaps and Time Value

I write this piece having brushed up on my formal derivatives training from 20 years ago. I went to a weekend seminar last summer to reacquaint myself with options and found the weekend valuable.  It’s a year later, and I put some capital to work. I had successfully recovered my weekend training fees by fulfilling “the required” in the market and submitting proof of my trades.

Margin accounts have authorization levels. You’ll start out by going long on calls and puts only. The closer your “strike price” is to being “in the money”, the more you’ll pay in premium. Obviously less risk entails purchasing calls or puts closer to the market price at inception. 

Then there is time value. The more time until option expiry, the lesser the risk. You start to see the moving parts involved with options. This is why no investment advisor wants you in them. They think you lack the capacity to absorb the variables in placing option trades. So, what are LEAPS? These are options which have a time value of one year plus. You’ve all seen stock charts right. The line graphs move up and down and oftentimes in a pattern. What if you projected that pattern outward while giving yourself lots of “time value” for forgiveness? You are not in options because you’ve been taught that risk is bad. I’m here to say that when you eliminate all risk, you can only expect a meagre return. There is actually an opportunity cost in not at least keeping up to “actual inflation”. Your investment advisor does not want to be proclaimed as a conduit of your options losses. Therefore, you need to direct these investments yourself. However; this would take some time in learning, researching, and acting on your own behalf on your own account. Interested?

Power of Social Media – Example

I enjoy story lines that develop at the WSOP. What’s that you ask? It’s the World Series of Poker. From late May to early July every year, sixty or so tournaments “unfold” culminating in the “Main Event” which has a $10,000 buy in.  Who can afford that right? Well not many…so “staking” has become a thing. You can put your money on a player and ride his coat tails. This has been done for decades but not formally through a website until recently. 

Then about five years ago, the “poker vlogging” phenomenon emerged. Players started video taping their results from their poker sessions and then posting the footage on Youtube. It became a way to get some hand histories while learning and also take in the Vegas nightlife over the net. 

Fast forward to 2019 with thousands of vlog subscribers now interested in staking their Vegas friend in the main event through access to a web portal in order to execute the deal. You guessed it. The volume of traffic was so overwhelming today that the technology could not cope.

What if your business experienced the same kind of phenomenon because of the following you develop through personal affiliation arising from social media content? Could you “break the internet” too? 

Ever Present Master Class

It’s becoming more common….the “Master Class”. It’s so vain. Don’t get me wrong. I have no difficulty with people posing as experts but these “master classes” are growing “long in the tooth”.

What’s most interesting is that predicates associated with trainings can be out of date in short order due to changing social and economic landscapes.

What appeals to me are “values” and “merit” but not so much “tricks” and “gimmicks”. You see you can’t teach me values and merit. It’s engrained through a history of nurturing from parents, fundamental education, inquisitive proactive learning, and life experience.  Philosophical expression consequently manifests intuition and common sense. You don’t need to put a bible in front of me either to differentiate right from wrong.  I sense these master classes pose as substitutes for the tepidness of an individual to execute on what one already knows but is overly fearful of risk.

Certainly the master class promoters are cognizant of the impact of a “leftist” education on the autonomous will of the individual. Why not just step into the void and patronize with pretention presuming that all are meek and imperceptive of aloofness. Well, I call it out.  

Beach House Stirs

Another band discovered by watching a cover over at Youtube. Thanks Ani Lyn for your cover of “Myth”. The genre is described as “Dream Pop” and is strong medicine for those legitimately in need of an escape. If you’re like me and spend too much time enraptured by musicians dallying in minor keys, you will be delighted by this experienced group. Some youtube commenter has referred to the album “Bloom” and going from one great song to a better one.

Two young scholars came together in Baltimore’s Indie Rock scene and wrote music fervently  only to have a block on the defining of a band name. As you would expect with “Dream Pop”, we’re talking organs, synthesizers and slide guitar with an underlying soft mellow beat. Both Victoria LeGrand and Alex Scally are versatile musicians deploying various instruments. Can one draw a parallel between “Shoe Gaze” and “Dream Pop”? Well, Scally with Beach House employs D flat tuning as does Slowdive.

As I write this piece, I’m listening to “Wishes” from “Bloom”. I’m tellin’ ya…this group is spectacular.  LeGrand has a soothing voice and fans were avid enough in 2016 to suggest that Pitchfork make them the headliners in Chicago. If distant travel beckons, book your ticket to Beach House and a dream theatre by the water.