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how to make money as a 15 yo – Asia Insurance Review

Posted: August 10, 2022 at 1:38 am

And they all went into raptures, amazed, but reciprocally credulous.

The truth isanswered Sanchothat I have never read any historyfor I can neither read nor writebut what I will venture to bet ithat a more daring master than your worship I have never served in all the dayof my lifeand God grant that thidaring be not paid for where I have said; what I beg of your worship ito dresyour woundfor a great deal of blood flowfrom that earand I have here some lint and a little white ointment in the alforjas.

And they all went into raptures, amazed, but reciprocally credulous.

not yet What must I do?,

He half put out a hand, but she stirred a little and he withdrew it, leaning back in his chair and gazing with half-shut eyes into the flame. You cant see a fairy, you know, he said quietly.

At the last I shall die.

Oho said the old soldier. Whence hadst thou that song, despiser of this world?

He half put out a hand, but she stirred a little and he withdrew it, leaning back in his chair and gazing with half-shut eyes into the flame. You cant see a fairy, you know, he said quietly.

flightsat which they laughed not a littleand at which Sancho would have been no lesout of countenance had not himaster once more assured him it waall enchantment. For all that hisimplicity never reached so high a pitch that he could persuade himself it wanot the plain and simple truthwithout any deception whatever about itthat he had been blanketed by beingof flesh and bloodand not by visionary and imaginary phantomsahimaster believed and protested.The illustrioucompany had now been two dayin the inn; and ait seemed to them time to departthey devised a plan so thatwithout giving Dorothea and Don Fernando the trouble of going back with Don Quixote to hivillage under pretence of restoring Queen Micomiconathe curate and the barber might carry him away with them athey proposedand the curate be able to take himadnesin hand at home; and in pursuance of their plan they arranged with the owner of an oxcart who happened to be passing that way to carry him after thifashion. They constructed a kind of cage with wooden barslarge enough to hold Don Quixote comfortably; and then Don Fernando and hicompanionsthe servantof Don Luisand the officerof the Brotherhoodtogether with the landlordby the directionand advice of the curatecovered their faceand disguised themselvessome in one waysome in anotherso ato appear to Don Quixote quite different from the personhe had seen in the castle. Thidonein profound silence they entered the room where he waasleeptaking hihirest after the past fraysand advancing to where he wasleeping tranquillynot dreaming of anything of the kind happeningthey seized him firmly and bound him fast hand and footso thatwhen he awoke startledhe waunable to moveand could only marvel and wonder at the strange figurehe saw before him; upon which he at once gave way to the idea which hicrazed fancy invariably conjured up before himand took it into hihead that all these shapewere phantomof the enchanted castleand that he himself waunquestionably enchanted ahe could neither move nor help himself; precisely what the curatethe concoctor of the schemeexpected would happen. Of all that were there Sancho wathe only one who waat once in hisenseand in hiown proper characterand hethough he wawithin very little of sharing himaster

Whats the matter? asked Piglet

Oho said the old soldier. Whence hadst thou that song, despiser of this world?

Now, you see, said the fisherman, I can look back and remember all that--and Cambremer, too, he added, after a pause. By the time Jacques Cambremer was fifteen or sixteen years of age he had come to be--what shall I say?--a shark. He amused himself at Guerande, and was after the girls at Savenay. Then he wanted money. He robbed his mother, who didn,

As soon as they had arrived at the door of Anna,

Nothing more since the privateersman was run in, said Captain Acton.

With foes ahead, behind us dread,Beneath the sky shall be our bed,Until at last our toil be passed,Our journey done, our errand sped

Johns face grew thoughtful. It would kill him to do it.

He half put out a hand, but she stirred a little and he withdrew it, leaning back in his chair and gazing with half-shut eyes into the flame. You cant see a fairy, you know, he said quietly.

Again, those terribly dull evenings in some unknown town Do you know anything more wretched than the approach of dusk on such an occasion? One goes about as if almost in a dream, looking at faces that one never has seen before and never will see againlistening to people talking about matters which are quite indifferent to you in a language that perhaps you do not understand. You have a terrible feeling, almost as if you were lost, and you continue to walk on so as not to be obliged to return to the hotel, where you would feel more lost still because you are at home, in a home which belongs to anyone who can pay for itand at last you sink into a chair of some well-lighted cafe, whose gilding and lights oppress you a thousand times more than the shadows in the streets. Then you feel so abominably lonely sitting in front of the glass of flat bock beer that a kind of madness seizes you, the longing to go somewhere or other, no matter where, as long as you need not remain in front of that marble table amid those dazzling lights.

not yet What must I do?,

Whats the matter? asked Piglet

At the last I shall die.

not yet What must I do?,

ll put the words out of my head--I swear I will. Only cure me, and

It is needless, of course, to say that this searching walk was in vain. Whatever lay white in his road he rushed at, and in his gizzard he cursed the vast number of pieces of white paper which did somehow, as though distributed by innumerable malicious Greyquills, attract his eye and retard his progress whilst he turned them over.

Good heavens cried Monsieur de Bourbonne, interrupting his nephew, surely you have not been such a fool as to tell that woman about your father,

What, been abroad, I suppose?

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how to make money as a 15 yo - Asia Insurance Review

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how to make money advertising on youtube – Asia Insurance Review

Posted: at 1:38 am

Very goodhave what time you require, Dantes. It will take quite six weeks to unload the cargo, and we cannot get you ready for sea until three months after thatonly be back again in three months, for the Pharaon, added the owner, patting the young sailor on the back, cannot sail without her captain.

Then what has brought matters to a head?

perhaps. The hope of causing you a regret will soothe my agony,

Have you found the Yellow Sign?

Hm, but you are hasty folk, I see, said Treebeard I am honoured by your confidence but you should not be too free all at once There are Ents and Ents, you know or there are Ents and things that look like Ents but aint, as you might say Ill call you Merry and Pippin if you please nice names For I am not going to tell you my name, not yet at any rate A queer half knowing, half humorous look came with a green flicker into his eyes For one thing it would take a long while: my name is growing all the time, and Ive lived a very long, long time so my name is like a story Real names tell you the story of the things they belong to in my language, in the Old Entish as you might say It is a lovely language, but it takes a very long time to say anything in it, because we do not say anything in it unless it is worth taking a long time to say, and to listen to

back was turned, and seized the opportunity to go to the chimney-piece and set upon it a little red morocco case with Rastignac

perhaps. The hope of causing you a regret will soothe my agony,

Mr. Middleton wrote assa polemist against Romanism, and hence he took especial painssto apply[144] these factssto that system of Christianity exclusively. Such an application issmanifestly unjust, since baptism wassfully corrupted before the formal establishment of the Papacy, and many corrupt elementssare yet retained in Protestantism. Mr. Middletonsssuggestion that men were debarred from the use of holy water assa punishment isssustained by the following from ?schines. In hissspeech against Ctesiphon he said:

Then what has brought matters to a head?

Is it not enough to know that they are servants of the Enemy? answered Gildor Flee them They are deadly Ask no more of me

You never look at it.

Oh, my goodness says IConstellation, says you? Noits a State.

AntinI could not find my houseit had been sold and pulled down. Speculators had built several houses over my gardens. Not knowing that my wife had married Ferraud, I could obtain no information.

To which Don Quixote very deliberately and phlegmatically repliedFair damselat the present moment your request iinopportunefor I am debarred from involving myself in any adventure until I have brought to a happy conclusion one to which my word hapledged me; but that which I can do for you iwhat I will now mention: run and tell your father to stand higround awell ahe can in thibattleand on no account to allow himself to be vanquishedwhile I go and request permission of the PrincesMicomicona to enable me to succour him in hidistress; and if she grantitrest assured I will relieve him from it.

That wouldnt be at all the thing, the Red Queen said verydecidedly: so Alice tried to submit to it with a good grace

When he got up, he was lame and could hardly limp asfar as the stable

YOUR FRIEND Burgess,

Is it not enough to know that they are servants of the Enemy? answered Gildor Flee them They are deadly Ask no more of me

We promise deliberate resistance to the tidal wavessof fashion, to the 'booms' and panicssof thepublic mind, to all the formssof weaknesssand of fear.

Such were the singular circumstances in connection with the Resident Patient and the Brook Street Doctor. From that night nothing has been seen of the three murderers by the police, and it is surmised at Scotland Yard that they were among the passengers of the ill-fated steamer Norah Creina, which was lost some years ago with all hands upon the Portuguese coast, some leagues to the north of Oporto. The proceedings against the page broke down for want of evidence, and the Brook Street Mystery, as it was called, has never until now been fully dealt with in any public print.

When he got up, he was lame and could hardly limp asfar as the stable

YOUR FRIEND Burgess,

back was turned, and seized the opportunity to go to the chimney-piece and set upon it a little red morocco case with Rastignac

I do. La Grange has made it. He produced a scale of pure gold day before yesterday. That nugget was manufactured gold.

At any rate, her voice had lost much of its harshness as she asked: But what about the wild animal that broke into the school an' tore the teacher's clothes fair off his back an' chased him up the road? That's the thing that scared him so he quit the school ferever. Now, Willium, what did you have to do with that?

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Heres where we might really be able to set up a colony on the Moon – BGR

Posted: at 1:33 am

Hopes of one day making a lunar colony may have found some extra encouragement. Normally, the surface of the Moon reaches upwards of 260 degrees Fahrenheit during the day. Then, it drops to a chilling minus 280 degrees Fahrenheit at night. However, research shows some lunar pits stay around 63 degrees Fahrenheit, providing much-needed safety from the elements.

These stable temperatures could provide additional protection for a possible Moon-based colony. Additionally, access to caves and other formations that humans can shelter it may be found within such pits. If we were to create a lunar colony on the surface of the Moon, building it within such a pit may prove worthwhile in helping protect from intense temperatures.

We first discovered pits on the Moon in 2009. Since then, scientists have long wondered whether they might lead to caves or underground structures. While we cant say for sure, this new research proves that they have much more stable temperatures than other surface areas on the Moon.

These stable temperatures are important for the viability of a lunar colony for multiple reasons. First, if the temperatures are stable and stick around 63 degrees Fahrenheit, we could build systems that work well within those areas. Whereas if we built those same structures on the main surface, wed have to account for the wild temperature changes.

NASA is already planning to send humans back to the Moon in the next few years. However, being able to create a long-term lunar colony would be astounding. Additionally, doing so would allow us to open a new door to studying the Moon and its surface.

Not only could be test the long-term effects of the lower gravity on humans, but we might also be able to make some breakthroughs on creating artificial gravity. That would help combat any long-term effects the lower gravity of places like the Moon and Mars might have on the human body.

Additionally, building a lunar colony could allow us better on-site testing of growing plants in lunar soil. Growing plants in places that arent normally acclimated for it would be a huge breakthrough for space exploration ad colonization. The researchers published their findings in the journal Geophysical Research Letters.

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Heres where we might really be able to set up a colony on the Moon - BGR

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Elon Musk’s Flawed Vision and the Dangers of Trusting Billionaires – TIME

Posted: at 1:33 am

Elon Musk is a singular visionary driving humanity toward a better futureor at least thats what he and his admirers want us to believe. For the past two decades, supporters and news outlets have praised him for the bold narratives hes woven around Tesla and SpaceX, and by extension allowed him to evade scrutiny and become the worlds richest man. Any time Musk sends a tweet, you can check his replies to see the devotion of his millions of followers.

As his profile has been elevated by relentless media attention, Musk has become the figure everyone was looking for: a powerful man who sold the fantasy that faith in the combined power of technology and the market could change the world without needing a role for the government. (Just dont talk about the billions in subsidies that kept his companies going over the years.)

But that collective admiration has only served to bolster an unaccountable and increasingly hostile billionaire. The holes in those future visions, and the dangers of applauding billionaire visionaries, have only become harder to ignore.

As CEO of Tesla, Musks plan was to use luxury vehicles to fund a more affordable electric car. The Model 3 was supposed to be that vehicle, starting at $35,000. But the current starting price is $46,990, and most buyers end up paying even more. Teslas are supposed to be the model for green automobility, but the emissions required for the production of each individual vehicle are on the rise, and there are persistent problems with production quality which means theyre at risk of not lasting as long as vehicles from other carmakers.

More importantly, those vehicles dont have a clean, green supply chain. Around the world, mining companies are salivating at the opportunity presented by a shift to battery-powered vehicles because theyre so much more mineral-intensive than the ones we drive today. The International Energy Agency expects demand for battery minerals to soar by 2040, including up to 2,100 percent for cobalt and 4,200 percent for lithium.

But that extraction comes with serious consequences for local environments and nearby communities. In 2019, Tesla was named in a lawsuit over the deaths of children in the Democratic Republic of Congo who died mining cobalt at sites owned by British mining company Glencore. Despite talking about cobalt-free batteries, Musk proceeded to sign a deal with Glencore in 2020 to supply its Berlin and Shanghai factories. The lawsuit was dismissed in November 2021, but in April of this year, an investigation from Global Witness found that Tesla was among a number of companies that may be getting minerals from mines using child workers in the DRC.

It may be easy to overlook consequences that exist at the other end of Teslas supply chain, but these problems extend deep into the heart of its manufacturing operation. Black workers dubbed the companys Fremont factory the plantation after being subject to racist abuse and a number of women described sexual harassment at the facility as nightmarish. Meanwhile, workers at the Nevada Gigafactory are suing after a mass firing of over 500 people, following reports that Musk praised workers in Teslas Shanghai factory for burning the 3 am oil by working 12-hour shifts and six-day weeks while sleeping on the factory floor.

To top it off, Teslas customers are also being put in harms way. Its vehicles have slammed into highway medians, emergency vehicles, transport trucks, and more, while using its supposedly self-driving Autopilot feature. Musk continually misleads the public about how safe and capable the system really is, even as the U.S. traffic safety regulator is poised to recall hundreds of thousands of vehicles. And Tesla is just the tip of the iceberg.

Elon Musk has wielded a virtual monopoly on how we think about the future, but will his visions really deliver better lives for most people in our society? For all the tech industrys talk of disruption, keeping us all trapped in cars for decades into the future by equipping them with batteries or upgraded computers doesnt feel like much of a revolution.

A much more sustainable alternative to mass ownership of electric vehicles is to get people out of cars altogetherthat entails making serious investments to create more reliable public transit networks, building out cycling infrastructure so people can safely ride a bike, and revitalizing the rail network after decades of underinvestment. But Musk has continually tried to stand in the way of such alternatives.

He has a history of floating false solutions to the drawbacks of our over-reliance on cars that stifle efforts to give people other options. The Boring Company was supposed to solve traffic, not be the Las Vegas amusement ride it is now. As Ive written in my book, Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in Californiaeven though he had no plans to build it.

Several years ago, Musk said that public transit was a pain in the ass where you were surrounded by strangers, including possible serial killers, to justify his opposition. But the futures sold to us by Musk and many others in Silicon Valley didnt just suit their personal preferences. They were designed to meet business needs, and were the cause of just as many problems as they claimed to solveif not more.

As Musk sets our collective sights on Mars, a town in south Texas and nearby wildlife reserve are being sacrificed on the altar of his personal ambition. SpaceX recently fired employees who wrote an open letter asking it to distance itself from its increasingly controversial CEO, while astronomers and Indigenous groups have expressed concern about what Starlink is doing to the night sky. Meanwhile, scientists will tell you living on Mars wont be an easy task. In service of his dreams, Musk is purposefully obscuring those challenges.

In crafting his future visions, Musk draws on the libertarian tendencies of Robert Heinlein and a technocratic longtermism inspired by Isaac Asimovs Foundation series, not to mention the dreams of Nazi-turned-NASA rocket engineer Wernher von Braun. Future visions cribbed from the pages of science fictionoften of the dystopian varietyand reshaped to fit the desires of the richest man in the world dont serve the broader public. But there are other authors who provide very different answers to the questions of technology and the future.

In 1985, Ursula K. Le Guin took aim at this imperialistic kind of science fiction that inspires Musk, in which space and the future are synonymous: they are a place we are going to get to, invade, colonize, exploit, and suburbanize. The renowned novelist explained that science fiction is not actually about the future; its about us and our thoughts and our dreams. But when we get confused about that, we succumb to wishful thinking and escapism, and our science fiction gets megalomania and thinks that instead of being fiction its prediction.

Thats exactly where we find ourselves now: having our future dictated by powerful people who seek to recreate the space colonies or dystopian virtual reality worlds they read about as kids without considering the consequences. Kim Stanley Robinson, whose Mars trilogy helped inspire some of the recent interest in colonizing the red planet, has called Musks plan the 1920s science-fiction clich of the boy who builds a rocket to the moon in his backyard and one thats dangerously distracting us from the real problems we face here on Earth.

For Le Guin, part of the problem is how we tell the human story: as one where a singular hero aggressively pushes it toward resolution, whether its the hunter with their bow or the Great Man driving society forward. It also infects our conception of technology, positioning it as a heroic undertaking, Herculean, Promethean, conceived as triumphor as a call to buildrather than the active human interface with the material world and the more mundane technologies we rely on every day.

Make no mistake: there is a need for people to think about the future and what a better one looks like, especially as we face serious challenges like the climate crisis. But we also need to question the idea of progress being sold to us and who it ultimately benefits. The tech industry enjoys casting itself as our savior, delivering empowerment and convenience, but along with it has come an unprecedented expansion of surveillance, an erosion of workers rights, and the empowerment of white nationalist and fascist groups.

For years, Elon Musk sold us fantasies to distract from the reality of the future hes trying to build, and to get people to accept his growing belligerence. What we really need right now is not more cars, colonization dreams, and technokings, but a collective project to improve the lives of billions of people around the world while taking on the immediate challenges we face regardless of whether it generates corporate profits. Thats something Elon Musk can never deliver.

Travel Bug: You don’t have to be a diver to enjoy Palau – Pacific Daily News

Posted: at 1:33 am

Living in Micronesia means youre just a quick plane ride away from experiencing the rich cultural and ecological diversity all over the region.

Palau is a popular destination thanks to its unparalleled diving but is it worth it for those of us who dont relish trying to breathe normally 60 feet underwater while surrounded by sharks?

As someone still working up the courage to get dive-certified, I can confidently tell you that yes, Palau is filled to the brim with beauty everywhere you look.

Though the flight is a brief two hours, a round trip flight to Koror, Palau, will run you just about $1,300 in the economy cabin. Pricey, yes, and so if you arent diving or visiting loved ones the cost may not be worth it to you.

For now flights from Guam are every Tuesday, Thursday and Sunday night, and departures from Palau are very early as in 1 a.m. every Monday, Wednesday, and Friday. Most hotels have a shuttle you can arrange for pickup, or you can opt to rent a car.

Palau, like Guam, is not designed to be particularly walkable. There are taxi services your hotel can connect you to but if you can rent a car, do. Your visit will be much more comfortable.

Good vibes abound at The Canoe House, where you can mingle with locals and visitors alike as they enjoy drinks and live music in Koror, Palau.

Three days is enough time to hit Korors highlights, though it wont leave much time for relaxation. If you can stay through Tuesday night and leave Wednesday morning, you wont need to rush your excursions, and it will leave you ample time for poolside lounging.

We stayed in Koror at Cove Resort Palau, which is near several other hotel properties and is a 45-minute walk into downtown. It has its own restaurant and bar, The Hungry Marlin, as well as a pool. The rooms are spacious and the showers are spectacular.

A reconstructed bai, or traditional meeting house, outside the Belau National Museum on July 16, 2022. The bai has been constructed using traditional methods, meaning it is fit together without using any nails, screws, or pegs.

There are also hotels closer to the city center, like the Palau Central Hotel, which allow for more walkability to restaurants and shopping or hotels off the beaten path that offer a touch of nature, like Ngellil Nature Island Resort.

It may not make much of a difference for your airfare, but booking your hotel well in advance can save you some money. Most rates in Koror span from $80 to $400 a night depending on location, amenities and timing.

A golden jellyfish beneath the surface of Jellyfish Lake in Palau on July 17, 2022.

Alright, so youre not into diving. I get it! But youd be a fool to visit Palau without at least snorkeling. Lucky for you, there are multiple companies offering day or half day trips that include a visit to the famed Jellyfish Lake and snorkeling spots throughout the Rock Islands.

You can poke around for one that suits your interests and schedule, but we booked a half day tour with Sams Tours that cost about $215, including lunch and the $100 permit to access Jellyfish Lake.

Bring your own snorkeling equipment or borrow from the company, and be warned that the trail to Jellyfish Lake includes a steep staircase.

For me, this was the absolute highlight of the trip. The journey via boat to Jellyfish Lake is magical in its own right sailing through rich, teal water amidst the verdant Rock Islands is hard to beat.

If youre unfamiliar, Jellyfish Lake is nothing short of a miracle. Thousands of years ago it was below sea level and as water levels receded, the jellyfish were left behind.

A golden jellyfish beneath the surface of Jellyfish Lake in Palau on July 17, 2022.

Now, an estimated 12,000 years later with no natural predator, they have evolved without the ability to sting. This allows visitors to serenely snorkel alongside thousands of stunning golden and moon jellyfish, who gracefully bob alongside you completely unbothered. Its unlike anything Ive ever experienced.

Following our Jellyfish Lake adventure, we headed to Cemetery Reef to snorkel with a wider variety of ocean life.

This area was teeming with vibrant fish, but the real delight for me was seeing the coral reef itself. To be so close to this elegant, natural architecture when so many around the world are disappearing feels sacred.

Goodies at the Q-Lala Snack House tent at the 680 Night Market in Airai on July 17, 2022.

Since we stuck to downtown Koror restaurants, I have to admit to not finding much in the way of authentic Palauan food. Learn from my mistakes and do some research on where to go! Otherwise youll be stuck with a surprising amount of pizza, pasta and burgers.

Standout restaurants included The Taj, an Indian restaurant downtown featuring an extensive, mouthwatering menu and warm atmosphere. I will be dreaming about their lamb vindaloo and kashmiri naan for weeks.

Koror mangrove clams in white wine and garlic at Elilai Seaside Dining on July 18, 2022.

Elilai Seaside Dining was also spectacular, both for its magnificent waterfront sunset views and for its food. The Koror mangrove clams were melt-in-your-mouth creamy, and the local white snapper served Korean style with red chili paste, leeks, and jasmine rice was divine.

If you find yourself in Palau on a Saturday night, make sure to visit the 680 Night Market if theyre on that week you can visit their Facebook page to check.

Located on the Airai side of the Japan-Palau Friendship Bridge connecting Koror and Babeldaob Islands, the market is often themed and features local dance groups, live music, food vendors and artisans.

You can also catch live music at The Drop Off or The Canoe House in Koror, both of which have lively weekend crowds enjoying drinks and dancing with family and friends.

A lover bag in the Searching for Indigenous Art exhibit, which highlights the indigenous people of Taiwan, at the Belau National Museum on July 16, 2022. This bag, carried by the Amis people, traditionally features patterns that reflect their family background and is used as part of a matchmaking ritual.

There are two major museums in Palau, and both are worth your time. Etpison Museum has a $10 entry fee and features a remarkable exhibit about the traditional first child birth ceremony in Palau. At the time of my visit, it also had an extensive collection of works by storyboard masters.

LAmarena, a charming gelato shop owned by an Italian family from Verona, is just up the street and is the perfect place to relax after an hour or two of learning. Their signature cherry gelato is not to be missed!

The Belau National Museum is much larger and costs $15 for nonresidents. You could easily spend two or more hours here, soaking up the wealth of information starting with the origin story of Palau and carrying visitors through the known history of the area pre-contact, through the colonization of the Spanish, German, and Japanese, through World War II, and finally as an independent nation.

Robiul Alam hard at work carving a storyboard at the Tebang Woodcarving Shop in Koror on July 19, 2022.

Among the treasures in this museum are many stories shared from locals about their experiences before, during and after World War II, drawings of daily life from Japanese artist Toshiko Akamatsu, and examples of Palauan glass money.

At the time of my visit there was also a beautiful exhibit focused on indigenous people of Taiwan, called Search for Indigenous Art.

The exhibit included examples of bright textiles, baskets, and tools from the 16 indigenous tribes recognized in Taiwan.

Finally, if youre seeking a souvenir, storyboards are widely available in gift shops all over Koror but the cream of the crop is at the Tebang Woodcarving Shop.

Located just off the main road you can easily visit this shop to watch the woodcarvers at work, chat with owner Ling Inabo, and choose a handmade storyboard to bring home.

If you know youll be back to pick it up, you can even commission a piece with a story of your choice.

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Travel Bug: You don't have to be a diver to enjoy Palau - Pacific Daily News

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Having a birthday today, Aug. 20, 2022 | | gjsentinel.com – The Grand Junction Daily Sentinel

Posted: at 1:23 am

Country

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Having a birthday today, Aug. 20, 2022 | | gjsentinel.com - The Grand Junction Daily Sentinel

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The Inflation Reduction Act vs. Gold & Silver – United States Gold Bureau

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Sometimes headlines about legislation garner more attention than is warranted, when the resulting impacts are measured. Occasionally government officials from across the political spectrum (such as Bernie Sanders and Ron Paul) hold similar views about the shortcomings of a particular bill or legislative accomplishment. Today we could say this about the Inflation Reduction Act that recently passed. Critics from both sides of the aisle acknowledge that despite the catchy name, the legislation likely does little to curb the impacts of inflation on the average American family. This in and of itself hints at the positive future potential for gold and silver. Today we will take a look at the potential effects of this legislation, combined with technical signals currently flashing strong support for higher precious metals prices in the 3-12 month timeframe, and beyond.

This report from Bloomberg provides a concise summary of winners and losers from the Inflation Reduction Act, and also discusses what is not included in the final bill compared to the promises implied to the public when initially discussed. Despite an extra $80 billion dedicated to the IRS, none of the proposals to increase taxes on the wealthiest Americans made it into the final bill. This implies that the 87,000 new IRS agents due to be hired as a result of this legislation will likely spend the bulk of their time combing the finances of Americans not deemed to be among the most wealthy. A CBS report from 2019 revealed that the highest rate of tax audits have routinely occurred in the poorest areas of the country. 8 of the 10 most-audited counties are in Mississippi, one of the poorest states.

A long-time gold and silver advocate, retired Texas Congressman Ron Paul released the following as part of his recent Liberty Report. The laughably-named Inflation Reduction Act will double the size of the IRS - making it larger than the Pentagon, State Department, FBI, and Border Patrol...combined! And that will save money?, he quipped. This seems like a good time to remind everyone that there are no requirements to report precious metals holdings from year to year on your tax return. This makes gold and silver one of the last bastions of financial privacy available to save/invest in today. (One notable exception would be gold or silver held inside an IRA, as all IRAs have similar annual reporting requirements). But whether in an IRA or outside an IRA, gold and silver appear set to outperform in the inflationary environment this legislation does little to address.

A recent report from the World Gold Council reveals that as of August 4, gold coin sales in the United States are expected to total nearly 2 million ounces for 2022. This would be the highest amount of gold demand and sales from the US Government Mint since 1999, indicating a strong appetite for sound money among the American public. Given we are experiencing the highest inflation rates in 40 years, it makes sense why Americans are more interested in gold and silver. But there other more specific reasons that suggest now may be an opportune time to increase our personal holdings of precious metals.

Sometimes we think professional money managers should know something the rest of us dont, about where to allocate capital. Perhaps sometimes that is true. But other times, we would do well to go in the opposite direction. Often they can be wrong over half the time, leaving an unhappy trail in the wake of their recommendations. What if we could identify what types of positioning they typically get wrong, and do the opposite? When it comes to the future price of gold, we can often do exactly that. Since 2006, there have been only 5 times when money managers were net short on gold futures contracts. This means they were positioned to make money if gold went down in price. They were wrong most every time. They went net short again in mid-July, which indicates a rally is probably likely.

Analyzing previous net short data, we can see that gold moved higher within 3 months, 88% of the time. It was higher in 6-months 95% of the time, and showed positive returns in 1-year, 100% of the time after money managers took a net short position (expecting the price to drop), sometimes growing over 18% in price (see chart). There are other indicators worthy of our attention as well.

When we look at long term average gold positioning among money managers, and note when they dip below their long-term exposure by a factor of 2, we find 13 instances in the last 15 years. Gold moved higher from there over the next 3-12 months, 81-90% of the time (see graph). We find ourselves here again, currently. But it is not only the sentiment of money managers regarding gold we can look to, to find historical support for a rise in future gold prices. We can also take a look at how they are positioned in the dollar, and in 10-yr US Treasury securities.

It turns out that when money managers are net long exposure to the dollar, while simultaneously net short exposure to 10-yr treasuries, it has historically prefaced a rise in the gold price 80-97% of the time over the next 3-12 months. This has happened 17 times in the last 15 years, most recently right now. So if history is any guide, there is an 80-88% probability gold moves higher within 3 months, and a 90-100% probability it is higher within a year, depending upon which data set we track from here, with gains of up to 18%.

When we view the technical analysis in the graphs above provided by the World Gold Council, combined with a record inflationary environment not tempered by the latest anti-inflation legislation, we can expect higher gold and silver prices in the near-to-intermediate term. When we factor in the recessionary conditions beginning to develop, it correlates to an environment known as stagflation. Stagflationary conditions typically preface much higher metals prices longer term, looking out 2-5 years from now. With bright prospects from 3-months to 5 years from now, it will take more than legislation with a catchy name to slow down this gold and silver train, which continues to build momentum.

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The Inflation Reduction Act vs. Gold & Silver - United States Gold Bureau

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Today in history, Agu. 20, 2022 | | gjsentinel.com – The Grand Junction Daily Sentinel

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CPAC Poll Analysis: Republicans Have Officially Moved on From Romney The Amarillo Pioneer – The Amarillo Pioneer

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Republicans attending CPAC on Saturday in Dallas sent a clear message to their partys one-time presidential nominee: we dont want you anymore.

According to Fox News, Utah Sen. Mitt Romney was one of the candidates listed on this years CPAC Texas straw poll ballot, but when the results were read on Saturday from the Hilton Anatole in Dallas, Romney didnt secure any recorded support in the influential Poll. Meanwhile, President Donald Trump led the field with 69 percent of the vote of attendees, followed by Florida Gov. Ron DeSantis at 20 percent. While Romney has established himself as an opponent of Trump and has feuded with conservative lawmakers and leaders in recent years, the result on Saturday still marks a stark contrast from Romneys former popularity among conservatives.

Prior to Romneys victory in the 2012 Republican presidential primary, the former Massachusetts Governor-turned-Utah Senator won the CPAC Straw Poll in 2007, 2008, 2009, and 2012. He also finished second in the straw poll in 2010 and 2011, behind former Texas Congressman Ron Paul. At his peak in the poll, Romney claimed the support of 38 percent of CPAC attendees.

Now, without any support in the poll, it is clear that conservatives have moved on from Romney. It marks one of the most incredible declines for a politician within their own movement in decades.

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CPAC Poll Analysis: Republicans Have Officially Moved on From Romney The Amarillo Pioneer - The Amarillo Pioneer

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Opinion | With Trump, It’s 2015 All Over Again – POLITICO

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Yet, on the cusp of another potential run, some of the same questions and dynamics surround Trump as the first time around, including whether he will actually make the plunge or is just teasing, and how strong and enduring his apparent support is.

These doubts are perhaps another sign of wishful thinking on the part of people hoping Trump will fail to launch or go away, just like when he was about to descend the famous escalator. It is certainly the case, though, that Trump is now in his weakest position since 2015 or the first part of 2016 when, of course, he won the nomination, although it wasnt quite as inevitable as it came to look in retrospect.

First, theres the threshold question of whether Trump will run. In 2015, there was much doubt that he would. Hed talked about it so much before. And would he really want to go through the paces of disclosing his finances? This time around, there are fewer doubters. Still, theres a school of thought that believes he hasnt truly decided whether to run and could pull up short if conditions dont look propitious or he doesnt feel up to it for some other reason.

Trump still draws big crowds. In 2015, when the Trump rally first became a thing, some commentators dismissed the size of his events. Candidates who were huge draws before think Ron Paul in 2008 and 2012 didnt amount to much in the end. In 2015 and 2016, these pundits thought people might be showing up for the entertainment, or to see what the fuss was about. Their attendance, that thinking went, didnt mean theyd caucus or vote for Trump when push came to shove.

This, we now know, was flagrantly wrong. The Trump rallies showed a passion and commitment on the part of his supporters that no other candidate could come close to matching and was extremely important. As much as anything, the rallies were a metonymy for the larger Trump phenomenon.

Then-Republican presidential candidate Donald Trump speaks during a campaign rally on Nov. 9, 2015, in Springfield, Ill.|Seth Perlman/AP Photo

How about now? Well, theres doubt about the rallies again. Are they the redoubt of die-hards who show up in considerable numbers but are also a relatively small number of Republican voters? Are they an echo of the past rather than a sign of future vitality? The right-wing and now vociferously anti-Trump pundit Ann Coulter discounts the events on grounds that Sarah Palin could still draw a crowd even as her influence ebbed after the 2008 defeat to Barack Obama: In case you dont remember, for three years following that loss, Palin was packing stadiums with tens of thousands of Trump-like fans.

Trumps polling also looks strong, although there should be some skepticism about that, too. When he first popped up to the top of the polls in 2015, it was easy to believe he was another one of those unserious Republican candidates who momentarily catch the imagination of voters before fading back into the pack.

This, again, proved completely wrongheaded. What about the polling now?

Trump has had monstrous 30- or 40-point leads in the national polling over potential competitors, but a recent USA TODAY/Suffolk poll had him at just 9 points over Ron DeSantis nationally. The Florida governor isnt exactly closing the gap in the average Trump is up 2-1, 50 to 24 percent but a national survey that has Trump up by less than 10 points is a blast from the past.

Almost exactly seven years ago, in early August 2015, Trump led the field by about a 2-1 margin, 24 percent for Trump to 13 percent for Jeb Bush. Most individual polls had him up by double digits nationally in that time period, but some had him only up by single digits. This would remain true until he got the nomination in the spring of 2016.

Or consider Florida. A couple of polls conducted the last couple of weeks have DeSantis beating Trump in Florida. Needless to say, its very favorable terrain for the home-state governor. But it is still a notable result. According to the RealClearPolitics run-down of primary polls from Florida in the 2016 race, Trump hasnt been losing to another Republican in the Sunshine State since July 2015, way back when another native son, Jeb Bush, was leading in Florida.

Maybe the softening in Trumps numbers is part of an inexorable trend. Perhaps its only a minor downdraft that will quickly reverse if he announces for president. Who can know?

There are other echoes of 2015. Theres derision directed at Trumps extremely small team of loyalists that would form the nucleus of his campaign just like the first time around.

Theres a very strong possibility that if Trump ran for the nomination and lost hed try to poison the chalice the reason for the Reince Priebus-orchestrated loyalty pledge back in 2015.

Trump benefited during his first run from a multi-candidate field that divided his opposition. At the same time, no one quite knew how to handle him, and many candidates spent time ducking and covering. The same could well be true in 2024.

The biggest difference with Trumps first run is that now hes been president of the United States. Hes shown he can win a presidential race (as well as, it must be added, lose one).

Rather than an outsider who has to be grateful for every small crumb of support from Republican officialdom, Trump owns the RNC, has elected officials he endorsed from governor to dogcatcher scattered all over the landscape, has a government in waiting in the form of various America First entities, and is lavishly funded. This time around, Trump will have his own establishment a MAGA establishment that he and his loyalists have fashioned in recent yearsat his back.

This will make him, in effect, the establishment frontrunner in the race assuming he really does run.

Thats a formidable position to be in, although history shows its not necessarily impregnable.

If people are fundamentally looking for something else, all the name ID, the money and support from elected officials will mean nothing. Trump will also have trouble seeming as fresh as he did out of the gate as he nears a decade at the top of national politics. And his obsession with 2020 inevitably means a backward-looking focus. These are the kinds of pitfalls that can drag down front-running campaigns.

In short, 2015 means Trump 3.0 is not to be trifled with or lightly dismissed. It also means, once again, there are potential chinks in his armor.

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Having a birthday today, Aug. 20, 2022 | | gjsentinel.com – The Grand Junction Daily Sentinel

The Inflation Reduction Act vs. Gold & Silver – United States Gold Bureau

Today in history, Agu. 20, 2022 | | gjsentinel.com – The Grand Junction Daily Sentinel

CPAC Poll Analysis: Republicans Have Officially Moved on From Romney The Amarillo Pioneer – The Amarillo Pioneer

Opinion | With Trump, It’s 2015 All Over Again – POLITICO

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