30-minute chart, annotated:
Slow Boat Brewery's Juniperus Pale Ale
Another in the line of gimmicky flavors ... anise, coffee, coconut, vanilla ... they're all good, though the juniper (ABV 7.2%, IBU 28, SRM 12) was berry junipery, a bit too berry for me. Lovely color!
From the brewery:
Juniperus Pale Ale
(ABV 7.2%, IBU 28, SRM 12)
Hops: Chinook and Wilamet
Malts: New Zealand malt and Crystal Malt
TASTING NOTES:
This gloriously big-bodied amber ale is brewed with juniper berries for a touch of bitterness and a refreshing floral aroma. Perfect for the botanist beer drinker and Pale Ale lover alike. This beer is guaranteed to invoke a powerful “Kum ba yah” of the senses, balancing acidic pine notes with a lightly sweet crystal malt finish.
Dragonvale -- Orchid Dragon
Cactus + Air = Orchid ... this one took a long time to get.
The Americans S02 E07
Chiquita Banana ... from Nicaragua ... contra to the contras?
Trading idea for Thu. Jun. 19, 2014 | Expeditors Int'l (EXPD)
Ombre for Hombres
For her
For him
Unfortunately marred by logo.
No logo but not as interesting a color combo.
Stagnant Sales of Luxury Goods in China
From Deutsche Bank:
"... sales of luxury goods in China only grew 2% yoy in 2013, far slower than the 30% yoy growth in 2011 [ed.: what was it in 2012?]... As the China luxury market is shrinking, international luxury brands have slowed down their expansion in China. LV adjusted its strategy which a narrowed focus on Tier 1 cities and remained cautious about entering lower tier cities. GUCCI also announced a suspension of expansion plans in China. Meanwhile affordable luxury brands are raising share in the China market. Affordable luxury brands refer to goods with luxury designs and materials but affordable pricing, covering handbags, accessories, watches and other categories. For instance, Coach’s total sales growth in China was 35% in 1Q14 and was estimated to increase by at least 25% yoy for 2Q14."
Trading idea for Wed. Jun. 18, 2014 | Public Storage (PSA)
Love this business ... renting little cubes of space.
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Metal Financing Fraud
From Reuters:
"News of a investigation into a metal financing fraud at Qingdao Port, where a third-party company is suspected of using single cargoes of metal multiple times to obtain financing, has rattled banks and trading houses and unsettled markets."
...
"Pledging commodities to a bank, often using a warehouse receipt as proof of ownership, has become a popular way of raising finance in China, often to skirt restrictions on raising credit and helping drive up stockpiles at some ports."
Not all warehouse receipts are created equal.
From UBS:
And then there's aluminum. Their estimate seems low. It's an old scam, right? How many separate banks can you get on the hook and string along?
"In March, the bank [Goldman Sachs] estimated commodity finance deals in China were worth as much as $160 billion, or about 31 percent of the country's total short-term foreign exchange loans."
Citic Resources now says they're missing 123,446 metric tons of aluminum at the Qingdao Port:
Makes you wonder how much everyone else who stored metals there will be "unable to sequester." You have to love the euphemism.
From the Qingdao Port prospectus:
Gratuitous Yowza
On the old blog I had a feature called the Gratuitous Cute Chick Pic, which proved to drive more traffic than any of my brilliant stock picks. Her name is Adrianne Ho. She's Sandrine Holt's little sister; Sandrine caught my eye while playing Gillian Cole in House of Cards.