Sunday, January 6, 2013

Pacino says he didn't want to meet Spector

(AP) ? Al Pacino said Friday that he decided not to meet famed record producer and convicted killer Phil Spector before portraying him in an HBO movie ? only to find he already had.

A friend showed Pacino a 20-year-old photo in which the actor was standing next to Spector. Pacino said he has no memory of the moment.

The movie, "Phil Spector," debuts in March. It focuses on the client-attorney relationship between Spector and Linda Kenney Baden, who represented him in his first trial after he was charged with the murder of actress Lana Clarkson. That ended in a mistrial, but Spector was convicted in a second trial and is now serving 19 years to life in prison.

Pacino wore a dizzying array of wigs in his portrayal of the eccentric Spector, whose "Wall of Sound" style was an integral part of pop music in the early 1960s. The actor said he decided not to meet Spector in prison because he'd be a different man than the one Pacino is portraying, who had not yet been convicted of a crime.

He watched video clips of Spector to help him with his portrayal.

"I didn't know anything about him, except that he was responsible for a lot of great music and this strange case," Pacino said.

Actress Helen Mirren, who portrayed Baden, said she heard stories about Spector from her filmmaker husband, Taylor Hackford, who had hired Spector to provide music for his 1980 film, "The Idolmaker."

The Academy Award-winning Mirren was a last-minute substitute in her role. Bette Midler had begun filming as Baden, but had to withdraw because of a bad back. The film's executive producers are Barry Levinson and David Mamet.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-01-04-TV-Pacino-Spector/id-d6a2eff4621c44f299a3d5a099a38221

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Trading And Investing Nova Copper And A Post Script On Precious ...

Disclosure: I am long ABX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I own shares in Nova Copper and Barrick Gold (More...)

Nova Copper (NCQ) is an amazing story that starts with two incredibly rich properties, Donlin Creek and the Ambler District west of Fairbanks, Alaska. There is a lengthy permitting process underway but the geological findings indicate that this penny stock will grow to a muscular mid cap and become a major world mining site. It offers lessons and opportunities for both trading and investing but first one must meet the cast of characters.

You can't understand Nova Copper without understanding Nova Gold (NG) an ailing mid-cap contrarian play, and you can't understand Nova Gold without knowing its fractious relationship with precious metals giant Barrick Gold Corp (ABX) that has been scaling back its exploration and slowing its development of nascent assets. The edgy, relations of Nova Gold to Barrick involve the latter's acquisition of Premier Metals and its neighboring properties. Dr. Thomas Kaplan, CEO of the Electrum Strategic Resources LLC which owns 27% (51 million shares) of NCQ also is Chairman of the Board of Nova Gold on which sits Dr. Marc Faber. Lastly the attention and purchases of Seth Klarman of Baupost and John Paulson of Paulson and Company who has about 30% of his $13 billion portfolio into Spider Gold ETF (GLD) and another 8% into Anglogold Ashanti Ltd (AU).

Nova Copper is a spin-off of Nova Gold , both of them favorites of Baupost. By the end of the 3rd quarter Klarman had upped his holding of NCQ to more than five million shares and 10.73% ownership. Paulson's holds 12.9% of the promising fledgling. As noted above, Electrum Strategic Resources with its many resource development affiliates, some in concert with Newmont Mining (NEM) is a major player. It takes a valuable asset to attract a brotherhood like this. This should be worth a 12-part TV series.

As was reported in SA early in August, more than six years ago Barrick offered to buy Nova Gold outright. The latter's ownership didn't like the tender so Barrick bought small cap Pioneer Metals with adjoining property. This is how they play ball on the piers of Manhattan.

Byron King has scrutinized Nova Copper's Donlin Creek and Ambler District samples and is impressed, devoting several pages of sample analysis, maps and projections in a special report in spring 2012. NCQ projects to 1.5 million oz of gold/year for twenty-seven years at a cost of $409/oz. The life of mine and low cost of NCQ compare very favorably to some of the best of the precious metal companies like Gold Corp (GG), Barrick, Kinross Gold Corp (KGC) and mid-cap AuRico Gold Inc (AUQ). Technical innovations are almost certain to extend the already extensive production curve as well as uncover additional ores. Nova Copper will produce gold, silver, very high purity copper, cobalt, lead and zinc.

NCQ began trading in late April 2012, just in time for the May plunge in precious metals echoed by the lows (for some companies, double bottom) of late July. Its range in just eight months began at $4.67 hit $1.65/share early in August and since then has been a markedly volatile micro-cap whose development phase is still a few years off. This reflects the exceptional richness of its properties and the interest this potential has drawn from major investors whose affiliations include industry majors like Barrick and Newmont. The EPA also can painfully protract the process when their care might be employed better at behemoth rare earth sites like Baotou in China's province of Inner Mongolia.

The complexity and intensity of interest presents an occasion for both solid investing and periodic trading and profit-taking. For more than four months, Nova Copper has been see-sawing between $3 and $1.75/share. It cratered after the election and has been near $2/share since then. At some point the upper range will move out of penny stock neighborhood but because getting permits let alone development and production will take years the higher highs and lower lows will take a while to become a fact of its trading life. That gives us a takeaway:

If you do not own this prize yet, by all means establish a position when the share price is below $2 (NCQ was at $2.04 after hours on Thursday, January 3; on Friday the 4th it traded between $1.97 and 2.05. Like many equities it has been jumpy on the 'fiscal cliff' the clich?d reporting on which mask basic differences about fiscal and socio-economic policies and the latest Fed minutes suggesting that its massive bond purchases and electronic printing may, repeat, may cease late in 2013. But as the world turns or seethes these days that's not a promise to bank. Still there's a lesson here.

When Nova Copper dips below $1.90 (having watched it closely, it can be expected to touch $1.80 or less a few more times before permanent ascension sets in), load up. If it suits your needs or taste, when it passes $2.60 trim a bit and take some profit but by no means liquidate your position. Keep an eye on the charts for the onset of the higher lows and higher highs that will arrive at some point, depending on how severe a correction occurs when the nitty gritty of deficit reduction gets banged out. As spring approaches there is likely to be significant volatility so my previous column's suggestion about a 10% minimum cash position holds.

The Fed's latest guidance and the immediate drop in precious metal holdings merit an afterword on their role in portfolio allocation and mid to long term value. There were steep sell-offs on the announcement as futures contracts for gold, silver, platinum, palladium, copper and other commodities sagged on the strengthening dollar and ICE index. Is it a time to buy? Several experienced analysts, notably the venerable Richard Russell have argued that given the economic fundamentals and fiscal policies of the major central banks, gold should be 33 - 50% of a portfolio. Most people, I suggested and suggest cannot afford that weighting given that fundamentals and reason yield to sentiment and perhaps even more, manipulation of markets. Silver is a perfect example of the conjoined effects of sentiment and manipulation. A metal with many and diverse uses, -- currency, jewelry, silverware, electronics, photovoltaic's and more should make for a rather steady, sober market. The opposite is true: silver's hyper-volatility relative to gold is well known. Proponents of Elliott Wave theory have suggested that if silver breaks below $27.75/oz it may descend to $22 before resuming its strong bull run. The action January 3-4 gave credence to this analysis.

Given the power and variety of major macro-economic and political variables, it would be wise for those not in the '1%' neighborhood to keep exposure to precious metal miners and bullion in the 10-15% allocation range. The price should go much higher for the metals. Informed, experienced and successful Jim Sinclair has been calling for $3500 minimum for some time; many analysts have suggested gold at $10,000/oz in part because such a re-valuation would eliminate most of the national debt and restore major currencies to sanity. It makes sense but the policy goals of the inner ring of power long have planned a period of intense currency instability to prepare for a global currency, "call it the Phoenix" a prestigious and prescient journal wrote in January 1988. Despite the logic for a major increase in precious metal prices, given current shakiness, volatility and the long-term governing agenda, those who cannot hold out till a trend reversal might want to look for high days to reduce an allocation close to 10%. There will be ample occasion to add back and increase. Moreover, central banks are continuing to acquire large amounts of gold and it is plausible that whatever currency or currencies are left standing after this strange and terrible end of the floating fiat era will be backed by significant gold reserves. That should support higher gold and silver prices.

No matter how the macro climate develops in the near and mid-term take advantage of the volatility to build a healthy position in Nova Copper. It's a winner in its intrinsic qualities and because of the intense interest of major investors and producers.

For now, happy are they who consulted Seeking Alpha and bought into Turquoise Hill (TRQ) near its recent bottom at $7.10.

Source: http://seekingalpha.com/article/1095581-trading-and-investing-nova-copper-and-a-post-script-on-precious-metals?source=feed

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Saturday, January 5, 2013

Eric Chua : Life, Business and Real Estate in Singapore ? Buy A ...

Real estate shopping can be exciting and difficult. If you are not equipped with the right information, you face the possibility of making mistakes that could haunt you for many years. Read below to find out how to avoid these pitfalls in real estate buying.

If you are seeking better returns on any real estate investments, think about getting some repairs and remodeling done. This way, you can have an investment return quickly, because the value of your property will go up. In some cases, the increase in property value is greater than the amount of money that you invested into the work.

Make sure to contact people you helped to buy a house every holiday, and on anniversaries of their first day in the house. If you call them again, they will know how much help you were when they were buying their home. Kindly remind them that you make your income via referrals and that you would feel honored if they spread your name to friends.

TIP! Buying commercial property can be easier if you have a partner that you can trust. It can make it way easier to get the loan you need.

If you have already been approved for a loan, it may entice sellers a little more. You might only end up prolonging the process of buying without pre-approval.

Before you meet with a real estate agent, think about questions you want to ask them. The content of your questions should cover every aspect you can think of. Things you want to include are asking the number of homes they sold over a specific time period and of those home, the number that were within the geographic location you are concerned about. A reputable agent will be ready to respond to all of your questions thoroughly and professionally.

Make sure to look towards the future whenever you are in the market for a new house. If you plan on living in the home you purchase, then you might want to view the nearby schools even if you do not have kids. You might want them someday, and it?s better to be safe than sorry.

TIP! Go online and search the sex offender registry in the area of any home you are thinking about buying. A real estate agent is not obligated to let you know if there is a sex offender living next door, or anywhere in the neighborhood.

Research a rental property thoroughly before buying it. If you want to buy some rental property, do not buy it until you have looked at the rental records for two years. The reason for this is that you have to make sure that the seller has made full and accurate disclosure regarding the property?s potential for income. Additionally, the lender will probably also want this crucial cash flow information before they sign off on the loan.

If you plan to purchase a house that has a nice view, don?t base your purchase solely on that fact. Even though the view is certainly lovely, it might not appeal to as many potential buyers in the future as you hoped it would. Pay for the home and view you love, but don?t pay too much.

TIP! Make your dream home your reality. Some investors say that it isn?t a good time for buying or selling larger houses, but some disagree.

A good real estate agent is an advantage. You can find information about the real estate agent by checking with the BBB (Better Business Bureau) and also through good sources on the Internet. Good references often come from people you know: friends, co-workers, and family.

If your future rental property has a garden, discuss with your landlord about who has the maintenance responsibilities before you sign the lease. Some rentals require the tenant to perform yard duties. Many places have this task included into the monthly payments.

Be sure to save up the down payment your mortgage loan servicing company requires. If you aren?t able to make the minimum down payment, you?ll be facing charges for private mortgage insurance, or PMI. This can add quite a bit of extra money that you would have to pay on a monthly basis to show the bank that you are able to make payments on your mortgage.

TIP! When buying a house, make sure you understand your options when it comes to the term of your loan. It is essential that you know exactly how much you will be paying every month and what the total cost of the loan over the entire length of the mortgage will amount to.

Figure out the amount of money you can spend on a house by utilizing an online calculator. They will ask for information related to your income and expenses. The tool then gives you a price range that ensures you will be able to afford the loan without tightening your belt or signing onto something crazy.

Get an agent or a broker to help you if you want to invest in property. You will have access to more resources through these people. Many brokers will use special software to sort through MLS and other listing services. You can personally do a property search through MLS, but these tools speed up the process and will help find properties which you might have missed otherwise.

Before you begin house hunting, examine your credit report. After you obtain a copy of your history, carefully look through it and report any issues that you see. Your aim is to have your credit in a position where you can go forward with a home purchase, as this will increase your ability to sustain a mortgage.

TIP! When you are buying a new property, you need to have some liquid funds available for unexpected expenses. The closing costs are usually calculated by adding the prorated taxes, bank points and down payment.

This is a great time to think of investing in property. Property values and interest rates are low in light of the recent housing market crash. If you?ve always dreamed of owning a home, now is the time to buy. Since the prices will eventually go up again, if you purchase now, you are sure to make your investment profitable.

Always have a potential home thoroughly inspected before purchasing it. While it will cost you, don?t have a friend or relative do it, since something can be missed and you?re left with no recourse.

Prior to making the final decision to purchase a particular home, you should thoroughly research the neighborhood that it is located in. You will never be truly happy with your home if the neighborhood is not what you desire. You have to know all you can about the area you plan to move to in order to know what to expect if you live there.

TIP! A simple method in starting your process in real estate buying is to get organized. Organize your information in a notebook.

These tips may help you make better decisions. Put them to work, so that you do not end up wasting your money. You will feel more confident about your decisions if you are sure of yourself.

Join me on Facebook:

www.facebook.com/maynaseric

Source: http://www.maynaseric.com/buy-a-home-the-right-way-with-this-property-buying-advice-2

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Best Online Website Promotion ? Dedicated Servers

Sharing knowledge on the web can be a very powerful way to establish your online presence and credibility. First, you write a thoughtful and informative article on an topic in your area of expertise. Then you submit it to e-zines to be read by the general public and possibly re-published on other web sites. Appended to the end of your article is a resource box containing a brief promotional message linking to your web site. Webmasters who wish to reprint your article on their sites are required to include your resource box along with any live links to your site. The benefit that you get from your article is two-fold. First, your article will be read by visitors to the e-zine site. If they find it helpful and interesting, they will likely visit your web site to see what else you had to offer. Second, webmasters who find your article useful to their visitors may re-publish it on their sites, giving your article additional exposure. Every time your article is re-published on a web site, you gain an additional one-way link to your site through the live link in your resource box. This adds to your link popularity and ultimately increases your search engine rankings.  As you can see, the true potential of your article lies in its ability to propagate virally in cyberspace. For your article to propagate virally, it should appeal to both readers and webmasters alike. Keep in mind that your goal is hold your readers attention long enough for them to get to the  resource box.  If your article is boring and uninformative, few people will read it beyond the first or second paragraph. Below are some pointers to consider when writing an article: 1. Give your article a catchy title. Your title is the first and often the only thing that visitors see when they skim through a list of articles on an e-zine page. Put some thought into coming up with a title that grabs the reader?s attention right away. Words like Secrets,Free, and Successful tend to attract more attention than others. 2. Your article should not read like an ad. Most people read articles to find information they can use, not to see a pitch about your products or services.  If they see your article as nothing more than a shameless act of self promotion, they?ll get turned off and hit the Back button right away.  Put yourself in the reader?s shoes. What benefits do you want to get out of reading an article?  Cater to your reader?s  interests rather than your own. 3. Offer lots of free, useful information. Following on the last tip, keep in mind that your readers are looking for specific how-to instructions to help them achieve a certain goal.  Offer lots of tangible information that is immediately useful to them. Do not lead them through hoops just to get to an order 4) Avoid gimmicks. While it may be true that a sucker is born every minute, most internet users are sophisticated enough to tell what?s legitimate and what?s not. Write with the intention of offering something substantial to the reader. Be honest and forthright. Your article should not cause the reader to think, What is this guy trying to sell me? 5) Be succinct. Get to the point quickly, preferably in the first or second paragraph. Avoid lengthy paragraphs. Use lots of white space to separate your paragraphs to make them easier to read. 6) Your article should not be too short. Certainly, it?s possible to write a good article packed with useful information using just a couple hundred words. If your article is too short, however, some webmasters may feel hesitant to reprint it on their sites. They may, instead, borrow your ideas and write their own articles, gaining authorship without having to give you credit for your ideas. How long should your article be?  I suggest at least 500 words, preferably longer.  Longer articles give webmasters the impression that you have put some time and effort into your work and, thus, are deserving of being reprinted on their sites. 7) Use live (clickable) links in your resource box. Many e-zines permit clickable links in  resource boxes. Yet, many authors forgo this privilege by simply spelling out their URLs. Whenever permitted, you should spell out your URL as well as make it clickable (e.g. http://www.nexcomp.com/weblaunch). The advantages of a clickable URL are, (1) readers can go to your site simply by clicking on it,  and more importantly, (2) search engines will be able to record the ezine page containing your article as a link your web site, adding to your link popularity and search engine rankings. 8) Avoid hyping in your resource box. Your resource box, while promotional in nature, should be brief and tasteful. The purpose of your resource box is not to sell your readers something, but to lead them to your website which does the actual selling. Your resource box should contain your name, your company name, a brief description of your products or services, your web site?s URL, and a clickable link to your site. 9) Put some thought and effort into your writing. E-zines have varying standards for accepting articles, and some accept and publish all submissions without any human review at all. However, this does not mean you should write an article just for sake of having it published somewhere. If your article comes off as half-baked, readers may make a similar assumption about you and your business practices. 10) Submit your article to as many e-zines as feasible. There are dozens of e-zines on the web that welcome submissions from independent authors.

Best Online Website Promotion

Source: http://www.30amediagroup.com/dedicated-servers/best-online-website-promotion-3961

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Friday, January 4, 2013

Is Hillary Clinton Battling Brain Cancer? | RumorFix

Posted on January 2nd, 2013 at 6:18 am

Fixed

The National Enquirer published a nasty rumor regarding Secretary of State Hillary Clinton, claiming that the former First Lady is suffering from brain cancer.

Last month, Clinton experienced a concussion after collapsing in her home. She was then checked into a hospital this past weekend after a checkup revealed that she had developed a blood clot from the concussion.

Despite doctors claims that Clinton would make a full recovery, National Enquirer?s brain cancer rumor gained more momentum. Fortunately, a spokesperson for the Secretary of State has dismissed the rumor, calling it ?nonsense?.

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Source: http://rumorfix.com/2013/01/is-hillary-clinton-battling-brain-cancer/

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Tuesday, January 1, 2013

CIBC to pay $149.5 million to Lehman estate, ending dispute

(Reuters) - Canadian Imperial Bank of Commerce said it would pay $149.5 million to the estate of Lehman Brothers Holdings Inc to resolve litigation over a collateralized debt obligation tied to the bankruptcy of the former Wall Street bank.

In a statement on Monday, Canada's fifth-largest bank said the million payment was equal to $110.3 million after taxes.

CIBC said it had previously recognized a gain of $841 million following Lehman's September 15, 2008, bankruptcy, when it had reduced to zero its financial commitment related to a note issued by the CDO.

On September 14, 2010, Lehman had sued CIBC and dozens of other defendants to recover more than $3 billion that it said it had been deprived of as a result of the Chapter 11 filing.

Lehman contended it had contracts that gave it senior payment priority on various derivatives and collateralized debt obligations, but that the bankruptcy caused this to be improperly replaced with junior payment priority.

It sought to hold CIBC responsible for a large portion of the more than $1.3 billion due under an agreement requiring it to cover payment shortfalls tied to a CDO transaction.

A Lehman spokeswoman had no immediate comment on the CIBC settlement.

Once Wall Street's fourth-largest investment bank, Lehman emerged from bankruptcy protection on March 6 and has paid out roughly half of the estimated $65 billion it hopes to return to creditors. Its bankruptcy is by far the largest in U.S. history.

The case is Lehman Brothers Special Financing Inc v. Bank of America NA et al, U.S. Bankruptcy Court, Southern District of New York, No. 10-ap-03547. The main bankruptcy is In re: Lehman Brothers Holdings Inc in the same court, No. 08-13555.

(Reporting by Jonathan Stempel in New York; Editing by Lisa Von Ahn)

Source: http://news.yahoo.com/cibc-pay-149-5-million-lehman-estate-ending-143949747--sector.html

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Durham Mens League Basketball Game - in Durham-Middlefield Patch

A public middle school for 7th and 8th graders, Strong is highly regarded for its academic excellence. The school is made up of approximately 340 students, with attendance rates surpassing 95% on a yearly basis. A teaching staff of more than two dozen works closely with students and parents to prepare and guide them both academically and emotionally for high school.

Source: http://durham.patch.com/events/durham-mens-league-basketball-game-5e1ad377

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