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Top U.S. Commodity Regulator Proposes Limits on Speculation
Jan. 13 (Bloomberg) -- The top U.S. commodities regulator approved today publishing a plan to curb speculation in raw materials including oil, gold and wheat as part of the most sweeping rewrite of Wall Street rules since the 1930s.
This must come as quite the shock to Paul Krugman.
There is no mention if the curbs will be applied to apples.
Could Apple Hit $1,000?
Right now Apple trades at around 17 times forecast earnings. If that rating stays about the same, then a market value of $900 billion would have to be supported by net income of about $53 billion.
Would $130 per man, woman, and child on this planet seem like a reasonable future valuation for Apple? Would $8 per year per man, woman, and child on this planet seem like a reasonable expectation for Apple's future profits?
The company has 40% gross profit margins. You may think that's ridiculous, but ours is not to reason why. People line up around the block to pay up. Individuals with a perfectly good iPhone will stand in line for six hours—updating their Facebook page—so they can be among the first in their town to own a new one. Customers are even happy to pay an extra $100 for an iPad with extra memory, even though they know the cost of that memory is maybe a dollar or two (if that). These people are not price-sensitive. They might be better described as price-immune.
People are nuts. I hope you realize that.
This might be your last chance to buy iStocks, iHomes, iCars, iPhones, and iPads before the face planting resumes. Get them now while money is cheap.
Don't let MaxedOutMama's doom and gloom bring you down-to-earth.
Friday: No Major Economic Releases
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 10:00 AM ET, *University of Michig...
1 hour ago
13 comments:
iWantIt and iWantItNow
I want the iShovel. You just point at your driveway, click, and lala! Driveway cleared.
This might be dangerous in Seattle when everyone tries to drive with their iShovel pointed out the window, clicking madly.
But on the other hand, apparently Seattle plus 1/2 inch of snow is rather catastrophic already.
Did you know that long ago dentists and orthopedic surgeons lobbied the town elders for 'curbs', also known as iPlants.
ilive near Seattle and iwant one of those ishovels too. ipromise not to drive and click with the ishovel, just like idon't drive and use my ipad.
We've got regulation of commodities trading here in the U.S. It's the International Commodities Exchange (ICE) in London that needs regulation. I hope this new scheme for regulation here isn't a plan to cut back mining, farming, and all those other "dirty" commodity industries.
The iShovel has a very intuitive interface. A camera in the handle scans your driveway and plans out a strategy using artificial intelligence. All you really need to do is just grab it with both hands and insert it into the snow. It will give you voice commands that tell you what to do next.
There's a dial you can turn to adjust its pace or you can buy the optional heart rate meter and the iShovel can determine the optimal value automatically.
It's really just that simple! ;)
That iShovel is going to go through the roof. Get in early before the snow melts.
maybe Apple can buy these guys out:
wovel It looks like it fits in with their business plan and could also be useful for scooping up big piles of money!
OMG Teri! I am buying a WOVEL this very evening! Great find.
word verification is: prebrawl
uh oh!
Jimmy J.,
It's also the last chance to buy a *clean* iFan! Trust me on this one. You don't want to buy it after something hits it.
Teri (&GYSC),
The wovel to scoop up easy money? I love it!
Apple has become so powerful that they should introduce their own version of easy money. Edible money!
It's much more than just a store of value. It's iBread!
"Log, log, log, it's better than bad it's good!"
GYSC,
iLog
What takes passwords alone or in pairs
Takes even the names of dogs?
What's great for a hack and creates an attack?
iLog, iLog, iLog!
iLog, iLog, it's big, it's scary, it's rude.
iLog, iLog, it's better than bad, it's good!
Everyone has iLog!
You're gonna love it, iLog!
Come on and get iLog!
Everyone needs iLog!
January 7, 2011
Apple Security Loopholes Open Mac App Store to Piracy
A number of security loopholes in the applications listed on the Mac App Store allow users to download paid applications for free and repackage bootleg programs with malicious code.
If there is one thing this economy has proven time and time again it is that everyone loves repackaged things and/or malicious code.
"It wouldn't surprise me to see a surge in markets for pirated applications that might just be booby-trapped to include unexpected surprises," Wisniewski said.
If there is one thing this economy has proven time and time again it is that everyone loves unexpected surprises.
If that isn't enough to give Apple a headache, Gizmodo reports that a group known as Hackulous has developed a program called Kickback, which claims to break the protection on any Mac App Store application, but that it will not release it until next month.
If there is one thing this economy has proven time and time again it is that everyone loves kickbacks.
I want the iShovel. You just point at your driveway, click, and lala! Driveway cleared.
The battery will run out beforethe driveway is cleared. And you can't replace the battery, you have to buy a whole new iShovel.
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