10 months agoReal Madrid striker Benzema unimpressed by L’Equipe

first_imgReal Madrid striker Benzema unimpressed by L’Equipeby Carlos Volcano10 months agoSend to a friendShare the loveReal Madrid striker Karim Benzema is unimpressed by L’Equipe ignoring his work in 2018.The striker failed to make the top 15 strikers list, which featured fellow Frenchman Antoine Griezmann and former Real Madrid teammate Cristiano Ronaldo, yet Benzema took the news relatively well as he made a joke out of the situation.”L’Equipe, my friends, can I be the 16th?” he wrote on Instagram.Benzema on the paper’s 2018 best strikers shortlist: “L’Equipe, my friends, can I be the 16th?Should’ve just let it go ma man pic.twitter.com/wlaZL4aOiT— (@Ultra_Suristic) January 4, 2019 About the authorCarlos VolcanoShare the loveHave your saylast_img read more

a month agoLiverpool fullback Robertson quits Twitter after Napoli backlash

first_imgAbout the authorPaul VegasShare the loveHave your say Liverpool fullback Robertson quits Twitter after Napoli backlashby Paul Vegasa month agoSend to a friendShare the loveLiverpool left-back Andrew Robertson may have deactivated his Twitter account.The decision could be connected to the Reds’ 2-0 defeat at Napoli on Tuesday.The Scot gave away a late penalty when he was adjudged to have fouled Jose Callejon in the box, with Dries Mertens slotting home from the spot.Fernando Llorente then nipped in ahead of Robertson to seal victory for the home side in stoppage time.Reds boss Jurgen Klopp hit out at the decision to award the the penalty – and the failure to overturn it through VAR – after the game, although former Premier League referee Mark Clattenburg has claimed it was the right decision.The Mirror reports a search for his Twitter account ‘@andrewrobertso5’ shows up no results, although his Instagram account is still online at the time of writing. last_img read more

In Focus looks back on the Brian Sinclair story

first_imgAPTN National NewsThe life of Brian Sinclair ended tragically inside a Winnipeg emergency room in 2008.APTN has been following the story ever since.Brian was a double amputee who rolled into the health science centre in his wheel chair.  He needed his catheter changed and medication for a bladder infection.34 hours after he arrived, he was found dead in the emergency room.His family say he was ignored to death.last_img

SRH eye play-off berth vs Bangalore

first_imgBangalore: Bottom-placed Royal Challengers Bangalore (RCB) will look to salvage pride while Sunrisers Hyderabad (SRH) will aim to seal the final play-off berth when the two sides square-off for one final time in the Indian Premier League (IPL) 2019 at the M Chinnaswamy Stadium here on Saturday. The Kane Williamson-led Hyderabad side will need to forget their disappointing Super Over loss to three-time champions Mumbai Indians and need to get their act together in their must-win game. Also Read – We will push hard for Kabaddi”s inclusion in 2024 Olympics: RijijuOne good news for Hyderabad is that even if they lose their last game, they can still reach the playoffs if Kolkata Knight Riders (KKR) and Kings XI Punjab (KXIP) don’t win more than one of their last two matches. In the absence of their star batsmen — David Warner and Johnny Bairstow — young Manish Pandey shouldered the responsibility in their game against Mumbai as he clobbered Hardik Pandya for a six in the final ball to push the match into the Super Over. Also Read – Djokovic to debut against Shapovalov at Shanghai MastersPandey played a valiant 47-ball unbeaten 71-run knock and didn’t let his team miss the presence of Warner, who had consecutively scored runs for Hyderabad this season. Along with him, skipper Williamson, all-rounder Vijay Shankar and comeback man Wriddhiman Saha will also need to contribute effectively. The Hyderabad bowlers have performed well so far but will need to click as a unit against Bangalore, which boasts of batsmen like AB de Villiers and Virat Kohli. A lot will also depend on leg-spinner Rashid Khan and K Khaleel Ahmed, who have been amongst the wickets for the Orange Army. While Rashid has 14 wickets from 13 games, Khaleel has also been impressive with 14 scalps from just seven matches. They will need the support of the experienced Bhuvneshwar Kumar. Coming to Bangalore, the Kohli-led side has nothing to lose and will just look to play for pride after exiting from the race to the play-offs. Kohli will certainly aim to end things on a winning note after losing eight of their 13 games. The skipper, who has amassed 448 runs from 13 games, is the leading run-getter for his side but lacked support from the other batsmen. Apart from him, de Villers has also contributed with 441 runs from 12 games. The duo will need to leave the sad memories behind and get their act together. Bangalore’s bowling would once again rely on Yuzvendra Chahal, Umesh Yadav and Navdeep Saini. Despite the wicket generally assisting batsmen in Bangalore, the host’s bowlers will have to get wickets at regular intervals besides being economical.last_img read more

KCR meets Stalin, bid for federal front appears a non-starter

first_imgChennai: Telangana Rashtra Samiti chief K Chandrashekhar Rao’s bid to rope in DMK in his proposed alternative front appeared to be a non-starter with the Dravidian party chief M K Stalin urging the Telangana Chief Minister to extend TRS’s support to the Congress.Continuing his efforts to bring together regional parties, Rao called on Stalin at his residence here and discussed with him his proposal for a federal front, DMK sources said. In the meeting that went beyond an hour, Stalin conveyed to Rao that his party was in a pre-poll alliance with the Congress and he had also pitched the name of Rahul Gandhi for the office of the Prime Minister. Also Read – 2019 most peaceful festive season for J&K: Jitendra Singh”Thalaivar (Stalin) urged Rao to extend Telangana Rashtra Samiti’s support for a Congress-led government at the Centre,” DMK sources said. Rao, who had days ago called on his Kerala counterpart Pinarayi Vijayan, exuded confidence in the deliberations that regional parties would emerge as a powerful force with a significant number of seats and neither the Congress, nor the BJP would have adequate numbers to form a government. In such an eventuality, the TRS chief told the DMK president that a government could be propped up by the regional parties with the support of “national parties,” a reference perceived to include the Left parties as well. Also Read – Personal life needs to be respected: Cong on reports of Rahul’s visit abroadPossible “post poll scenarios” that may merge and how a federal front could help regional parties and “southern States,” were put forth by Rao, sources added. To this,the DMK side,which was also represented by senior leaders Duraimurugan and T R Baalu, felt the situation was conducive only for a Congress-led government at the Centre. Also, the Dravidian party pointed out that toying with the idea for a regime steered by regional outfits at the Centre may not work in view of divergent state specific positions of some parties. The TRS is opposed to both Congress and Telugu Desam Party in Telangana. While Rao did not meet waiting reporters, DMK said the meeting was only a “courtesy,” call. Rao had in April 2018 called on Stalin and then DMK chief M Karunanidhi here. Earlier in the day, he offered prayers at the ancient Sri Ranganathaswamy temple at Srirangam in Tiruchirappalli. On May 10 he visited the Sri Ramanathaswamy Temple in Rameswaram after going to Kanyakumari. Tamil Nadu Congress Committee president K S Alagiri downplayed the meeting between the two leaders and asked journalists “why accord importance to the meeting…in India a third front is not possible and not practicable; State parties from Kasmir to Kanyakumari know this very well.” BJP Tamil Nadu unit president Tamilisai Soundararajan wondered what was Stalin’s “hesitation” in his meeting with Rao to assert that he only supported Rahul Gandhi.last_img read more

NFL Hopes To Have Jonathan Vilmas Suit Dismissed

NFL Hopes To Have Jonathan Vilmas Suit Dismissed

Persistent New Orleans Saints linebacker Jonathan Vilma returned to federal court on Friday, where a judge is hearing arguments on the NFL’s motion to dismiss the Saints linebacker’s lawsuit seeking to overturn his bounty suspension.Vilma seemed hopeful but not overly so.“You never want to go into these things with expectations,” Vilma said upon his arrival for court. “Whatever happens, happens.”It’s not clear when U.S. District Judge Ginger Berrigan will rule, but if she does not dismiss the lawsuit, she could potentially rule on Vilma’s request to be allowed to temporarily return to the Saints while the case proceeds.NFL commissioner Roger Goodell has suspended Vilma for the entire 2012 season, saying the linebacker was among the ring leaders of a program that offered Saints defenders improper cash bonuses for injuring opponents.Vilma, several teammates and Saints assistant head coach Joe Vitt have testified that Vilma never paid or accepted money for injuring another player.Vilma was one of four current or former players who have been suspended in connection with the league’s bounty probe of the Saints. Teammate Will Smith, a defensive end, got four games, while defensive lineman Anthony Hargrove, now with Green Bay, was docked eight games. Linebacker Scott Fujita, now with Cleveland, was suspended for three games.Smith, Hargrove and Fujita are being represented by the NFL Players Association, which also has filed suit in federal court in New Orleans seeking to have the suspensions overturned.Vilma’s attorneys have argued that Goodell made biased public statements about the linebacker’s involvement in the bounty scandal well before the process of player discipline began, making it impossible for the commissioner to be an impartial arbitrator as called for in both the NFL’s collective bargaining agreement and federal labor law.The players union is arguing that Goodell did not have jurisdiction to appoint himself the arbitrator in the bounty matter because the accusations included on-the-field activity that, under the league’s labor deal, is supposed to involve an arbitrator other than the commissioner. read more

Baseball Ohio State relying on unproven talent in 2017

The OSU baseball team celebrates during a game against Northwestern on March 27 at Bill Davis Stadium. OSU won 5-4. Credit: Lantern file photoThe Ohio State baseball team is coming off its most successful season in years. For the first time since 2009, the Buckeyes were in the NCAA tournament and won their first Big Ten tournament since 2007.But repeating that success will be a challenge. The Buckeyes’ lineup will be returning just two hitters from that group against Iowa in the final tournament game — senior co-captain Jalen Washington and junior outfielder Tre’ Gantt — and both players are changing positions.The team also will return only two of its regular starting pitchers with redshirt junior Adam Niemeyer and sophomore Ryan Feltner. Friday night starter Tanner Tully, who was drafted by the Cleveland Indians, and Saturday night starter John Havird, who graduated last season, have left the program, leaving big shoes to fill.Replacing impact players like Nick Sergakis and Ronnie Dawson will be a combination of 17 junior college baseball players and freshmen joining the club, making for plenty of uncertainty.“We’re a very talented ball club. I say that with a little caution because we haven’t proven it,” said OSU coach Greg Beals. “There’s a lot of guys that are going to get their first shot to be everyday players here at Ohio State.”Arguably the biggest change for the team comes from behind the dish. Washington, who caught 62 games last season for the team, will leave the role of catcher and shift to shortstop, his natural position. Taking over at catcher will be sophomore Jacob Barnwell, a player Washington has worked with while in preparation for the new role.“We’ve had a lot of dialogue with me and Barnwell, (sophomore catcher Andrew) Fishel a little bit,” Washington said. “Just how to get comfortable, how to handle the pitchers. Majority of the game is understanding the pitchers, making the pitchers comfortable, making their job as easy as possible.”The remainder of the infield appears penciled in with a pair of junior college transfers likely to start on the right side of the infield, and one returning player. Beals said junior transfers Bo Coolen and Noah McGowan are favorites to start at first and second base, respectively, while sophomore Brady Cherry looks to start at the hot corner for the ball club.The outfield, however, is much more in question. Gantt, the primary right fielder last season, will be shifting over to center field to man his natural position. But he is the only player with a potentially guaranteed spot.One outfielder Beals has his eye on is freshman Dominic Canzone, a Louisville Slugger High School All-American praised for his promising hitting ability.“Dom Canzone — just a knack for hitting,” Beals said. “He’s got a hit tool that’s hard to teach. He puts barrel on ball at a high rate.”The pitching staff will see changes occurring within the rotation, but the bullpen figures to remain roughly the same as last season. Junior Seth Kinker, who led the team in appearances, returns to the club as will senior left-hander Joe Stoll, redshirt junior Kyle Michalik and redshirt junior Austin Woodby, who served as a spot starter and reliever.An interesting case is redshirt junior Yianni Pavlopoulos, who served as closer in 2016. He might be headed towards a role as a starting pitcher in 2017.“Yianni Pavlopoulos, we moved out of the closer’s spot into starting rotation potential,” Beals said. “The potential exists for him to be in the rotation, the potential exists for him to go back in the closer’s spot. But we’re training him with an increased pitch count so that he is ready to be a starter if need be.”Though Pavlopoulos will be competing for a spot in the rotation, the only known weekend starters are Niemeyer and Feltner, while the Sunday night starter and weekday starter remain unknown.“I think right now, all the positions are pretty open from a pitching standpoint,” Niemeyer said. “It’s kind of an open competition right now, so we’ll see how all the pieces fit in these next few weeks before the season starts.”The team still has some positions left to fill, but the ball club is optimistic about its chances in 2017. The team is young and lacks experience, but Niemeyer believes this is a club that can compete now.“We want to keep building on that culture we created last year,” Niemeyer said. “I think everyone in this locker room, the coaching staff, everyone expects us to be in the hunt for another Big Ten Championship and we all believe we can accomplish that goal.” read more

Sarah Schulze returns to action after knee injuries receives ovation

Though it was the final home game for senior center Jantel Lavender, the biggest ovation of the afternoon might have been for Sarah Schulze. The 80-47 win against Wisconsin on Sunday was the senior forward’s second appearance since Ohio State’s Jan. 16 matchup against Michigan State, when she tore a medial collateral ligament (MCL), meniscus and an anterior cruciate ligament (ACL) in her right knee. At the time, some feared her season — and her career at OSU — might be over. “They gave me the option to play,” Schulze said in the postgame press conference Sunday. “I can never get this back, so even though I’m not 100 percent now, I can still get in and bang a little. It’s totally worth it.” Schulze and Lavender were honored before the game alongside senior teammates, guard Alison Jackson and guard Brittany Johnson. Lavender had to wipe away tears as she embraced her teammates. For Schulze, her first home game since the injury was equally as emotional. “I’m just happy I’m playing and just having a second chance to actually be on the court,” she said. “I was just soaking up today.” After Schulze hit a three from the top of the key with 8:07 left in the first half, the Schottenstein Center crowd gave her an extended ovation. It was her only field goal of the game, and her only points since her injury. Schulze committed three fouls and didn’t attempt a shot in the Buckeyes’ 76-74 victory at Purdue on Feb. 20. She started in 17 games before the injury. In her absence, coach Jim Foster inserted freshman forward Ashley Adams, who has been a mainstay ever since. “With the timing of Sarah’s injury, whether or not Ashley was ready, she was thrown in there,” Foster said in the postgame press conference Sunday. “How she’s progressed on the floor has been a big deal.” Freshman forward Martina Ellerbe started in the first game Schulze missed, Jan. 20 at Illinois, but Adams has been in the starting lineup ever since. Adams averaged 5.9 points and 4.1 rebounds per game coming into Sunday’s game. Schulze played 13 minutes Sunday after only playing four minutes at Purdue. She said her knee injury has caused her to become a more cerebral player. “I’m not as explosive anymore, so I have to really play smarter,” she said. “Whenever I jump, I have to pay attention to how I land. It’s almost like I’m a step behind from where I used to be.” OSU (19-9, 10-6 Big Ten) will travel to the Big Ten Tournament in Indianapolis to play Iowa on Friday. read more

Carlos Tevez reveals who he wants as the new Argentina boss

Carlos Tevez reveals who he wants as the new Argentina boss

first_imgArgentina are in need of a new manager, after the departure of Jorge Sampaoli, and Carlos Tevez has named the man he would like to see in charge of the former World ChampionsArgentine Football Association (AFA) confirmed that they had parted ways with Sampaoli following the national side’s disappointing World Cup campaign that had seen them barely manage to scrape through the group stages of the competition before falling to eventual champions France in the Round of 16 with a 4-3 defeat.While much of the attention has been on the uncertain future of their all-time record goalscorer Lionel Messi, there is still the matter of appointing a new head coach – which could have a decisive impact on the Barcelona star’s final decision.The AFA released a statement on Twitter on Wednesday confirming that the decision process for a new coach will not be decided until July 31.#Comunicado Tras la salida de Jorge Sampaoli, la AFA informa que al día de la fecha no se ha iniciado ningún tipo de gestión ni se ha dialogado con ningún entrenador. El próximo 31 de julio, en reunión de Comité Ejecutivo, la dirigencia evaluará los pasos a seguir. pic.twitter.com/qo492V2BWv— AFA (@afa) July 18, 2018Raheem Sterling, EnglandTop 5 best players from the international break weekend Tomás Pavel Ibarra Meda – September 11, 2019 After a fresh international break just came to an end, we need to talk about the Top 5 best players during this whole weekend.We…But Tevez already knows who he wants in charge at Argentina and has named Columbia boss Jose Pekerman as the man for the job.The 68-year-old previously guided Argentina to the quarter-finals of the 2006 World Cup and Tevez believes that he is the best candidate for the position.He told ESPN: “I think that the closest we were of winning a World Cup was with Jose [Pekerman],”“When I felt closest to winning the World Cup was with Jose. If we had beaten Germany [in the 2006 quarter-finals], we knew we were going to be champions and we lost on penalties.“Jose’s era has taught me a lot from when I was a kid, I am very grateful to him, to Hugo Tocalli, to professor [Gerardo] Salorio to [Eduardo Julio] Ortasun… because today I am what I am because they put a grain of sand in what I was. I will always be grateful to them because they taught me a lot.“They taught me to be a professional at 14 years old and today I continue at 34. It is essential to start as a child. From my personal experience, I think Jose is the man who can do it [be Argentina coach] quietly because he knows what is being talked about.”Former Peru manager Ricardo Gareca has also been linked with the vacant post.last_img read more

Klopp has full faith in Daniel Sturridge

Klopp has full faith in Daniel Sturridge

first_imgLiverpool manager Jurgen Klopp insists that he has full confidence in Daniel Sturridge for the upcoming campaignThe English striker had looked like a near-certain exit from Anfield at the beginning of the summer following a disappointing loan spell with the relegated West Brom last season after failing to find the back of the net in his six games.But, contrary to expectations, Sturridge has had a strong pre-season and appears to have forced his way into Klopp’s plans for the new campaign.Now the German is hoping that his faith in the 28-year-old will be rewarded by an injury-free season.Jose Mourinho is sold on Lampard succeeding ar Chelsea Tomás Pavel Ibarra Meda – September 14, 2019 Jose Mourinho wanted to give his two cents on Frank Lampard’s odds as the new Chelsea FC manager, he thinks he will succeed.There really…“I can’t remember a bad game from him in the pre-season, to be honest. That’s absolutely good,” Klopp said on the club website.“I said it probably 500 times already: if Daniel is fit, nobody doubts Daniel. So, I do not. He is here in a good shape and hopefully he can bring that into the season as well.”Sturridge is expected to feature in Liverpool’s first game of the new league season at home to West Ham United on Sunday.last_img read more

Democratic Sheriff Candidate Ed Gonzalez Calls For Overhaul Of Harris County Jail

Democratic Sheriff Candidate Ed Gonzalez Calls For Overhaul Of Harris County Jail

first_img 00:00 /01:14 To embed this piece of audio in your site, please use this code: Share X Ed Gonzalez for Sheriff websiteEd Gonzalez is the Democratic candidate for Sheriff of Harris County in the November 8th Election.Ed Gonzalez, the Democratic nominee for Harris County Sheriff, was a guest on Houston Matters. Gonzalez described the sheriff’s office as “stagnant” and “almost going backwards,” particularly in terms of the way it runs the Harris County Jail. He said overcrowding at the jail threatens the safety not only of inmates and guards but that of citizens throughout the county as well.“That’s why it worries me when we’re pulling money from patrols and investigations to simply plug in a hole on overtime costs in the jail, for example,” Gonzalez said, “because those investigators and those patrol officers are being overworked. It sometimes can lead to mistakes.”Houston Public Media’s Coverage of Election 2016Gonzalez admitted the problem predates the current administration under his opponent, Sheriff Ron Hickman. He said part of the solution might involve house arrest or citations rather than imprisonment for certain low-level offenses. But he also stressed the need to deal with the underlying causes of crime.“There’s three things that we’re addressing in law enforcement that do not have a law enforcement response, and that’s mental illness, poverty, and addiction. We’ve got to find community based solutions to that,” he said.Gonzalez argued that his experience as a three-term city council member and an 18-year veteran of the Houston Police Department makes him “uniquely suited” to help find those solutions.Click the play button below to listen to Houston Matters’ interview with Ed Gonzalez. Listenlast_img read more

Baltimore 15 Minimum Wage on HoldFor Now

Baltimore 15 Minimum Wage on HoldFor Now

first_imgBaltimore City Council has finally decided – not to decide yet on the $15 an hour minimum wage. The Council voted 8(yes) 6(no) to 1(abstain) to send the bill back to committee this week. Council chair Bernard C. ”Jack” Young had just started a roll call vote on the bill when the bill’s sponsor, Mary Pat Clarke (District 14), stood to request that the legislation be sent back to committee.After the council meeting ended, Clarke explained to reporters that she had recently been contacted by the National League of the Blind and Disabled with concerns about the bill. She wanted to ensure the group had sufficient time to work through their issues with city council.But Clarke was also under no illusions about the uncertainty surrounding the bill’s chances for passage given the current city council. “The City Council is still divided,” said Young who unsuccessfully sought a compromise of $11.50 an hour.Clarke and City Council Labor Committee Chair, Robert Curran did not rule out waiting until the new Council session starts in December to re-introduce the legislation.last_img read more

National Police Memorial dedicated to brave officers

National Police Memorial dedicated to brave officers

first_imgPaying a tribute to the courage and bravery of policemen, Adwaita Gadanayak, Director-General, NGMA, designed ‘National Police Memorial’, which was inaugurated by Prime Minister Narendra Modi on October 21, 2018. The memorial has been constructed in granite stone.Gadanayak, a sculptor and one of the most famous students of Balbir Singh Katt, designed the memorial as a memoir which makes it possible to keep past events alive in the common memory through physical representation in a public area. Also Read – Add new books to your shelfTalking about the sculptor, Gadanayak said, “I was trying to recreate the idea of selfless service which policemen on duty often are known for. My design is a tribute to the courage and the sense of bravery that is there within the policemen who died in the line of duty. I think the lives of policemen are precious, this is what I wanted to show.” The memorial takes cues from stone-building heritage and is modelled on a cenotaph– tall upright stones erected in ancient history. The policemen who visited the memorial were seeing saluting and bowing their heads in prayer and reverence. Also Read – Over 2 hours screen time daily will make your kids impulsive”This is what I wanted,” said Gadanayak watching the two police officers at the memorial. “I wanted that human response of anyone coming and bowing in front of a monumental memoir.” The main structure of the memorial is a vertical 30 feet tall granite pillar that is a permanent mark – a signal of a sacred space, for an officer who is always in the line of duty. The single block of granite both polished and unpolished presents the ebony black granite as a reflection of karmic symbolism. “The one who serves is a karma yogi, truth to action is his karma and it is the fruit of this selfless action that leads him to the eternal river of life,” he added. The 20 feet of granite over which running water can be seen provides an element of continuity. “Granite as a stone is in itself a witness to human civilisation,” says Gadanayak, adding, “The language of defence of protection is as old as history and the story of dharma in the life of a policeman is clear in the names of the officers on the granite column.” There is also a small burning lamp. “The burning lamp that accompanies the elements exemplifies the living story of service,” states Gadanayak. “It symbolises ceaseless union with the spirit. Man is mortal but his actions of bravery and courage in the hour of service are immortal. The entire construction and design philosophy has been taken from the Rigveda,” he concludes.last_img read more

Settop box and wireless networking specialist Air

first_imgSet-top box and wireless networking specialist AirTies has launched a new portable wireless set-top box (STB), designed to be small enough to fit into a handbag.The Air 7205 miniature STB measures 10 by 10 centimetres and is one of a number of products that the firm is demoing at the TV Connect event in London this week.Airties said the 7205 attaches wirelessly to the IP gateway, features remote control and home automation capabilities and can easily be moved from room to room.“The STB wirelessly connects to the home gateway and works on any unmanaged internet connection, effectively unbundling the provision of the pay TV service from the broadband service offering and opening up new revenue-stream opportunities,” said the firm.AirTies is also launching a new family of HEVC/4K set-top boxes, designed to offer satellite-quality live and on-demand video to any subscriber with a broadband connection.The Air 7410 line of set-tops consist of an OTT/IPTV STB and a hybrid DVB-T/OTT version that is available to trial quantities.All versions will include an HEVC decoder, 4K TV display, USB 3.0 and will use the latest Broadcom 7251 System-on-a-chip. The boxes will be on display for the first time at TV Connect.In addition, AirTies is using the event to launch two new versions of its next generation wireless video access points, targeted at both broadband and pay TV operators.The AirTies Air 4820 and Air 4920 feature the latest 802.11ac wireless chipsets and are designed to “simultaneously solve two of the most critical issues facing operators today: the cost of installing a pay TV service and the problem of consumers not getting the internet speeds they are paying for when connecting multiple devices in different rooms or on different floors,” said AirTies.last_img read more

Volumes are way up as well  In gold volume is ju

first_img Volumes are way up as well.  In gold, volume is just over 43,000 contracts, and silver’s volume is now at 14,000 contracts, which are almost the same as the volumes at this time of day on Monday.  The dollar index has spiked up a whole 9 basis points. It could be an interesting day during the New York trading session, so nothing will surprise me when I switch my computer on later this morning. That’s all I have for today, and I’ll see you here tomorrow. The gold stocks managed to keep their heads above water until the gold price began to sell off shortly after the 1:30 p.m. EDT Comex close, and the shares followed.  The HUI closed down 1.57%, virtually on its low of the day. It’s visible for all to see, unless they’re willfully blind, that is. The gold price opened flat in New York on Sunday night and then didn’t do much until 9 a.m. in Hong Kong when a not-for-profit seller took gold down about fifteen bucks in just a few second.  The price struggled back after that, but could never made it above the $1,330 spot price mark before getting sold down. Gold closed at $1,322.30 spot, down $3.30 from Friday’s close.  Gold’s net volume on the day was 144,000 contracts, with 35,000 of that coming before the London open, so you can see that trading was very active in the Far East on their Monday. The silver stock headed south even earlier than the gold stocks, and Nick Laird’s Intraday Silver Sentiment Index closed down 2.82%.  A lot of the silver miners did much worse than that.  The silver equities, like their golden brethren, have now given back all their gains from last Wednesday. The CME’s Daily Delivery Report for Monday showed that zero gold and 80 silver contracts were posted for delivery within the Comex-approved depositories on Wednesday.  There were seven short/issuers, with the biggest being ABN Amro with 47 contracts.  The three largest stoppers were Canada’s Bank of Nova Scotia with 32 contracts, followed by JPMorgan Chase with 28 contracts in its in-house [proprietary] trading account, and 14 in its client account.  The link to yesterday’s Issuers and Stoppers Report is here. There was another withdrawal from from GLD yesterday, as an authorized participant took out 19,309 troy ounces.  And as of 10:01 p.m. yesterday evening, there were no reported changes in SLV. Since yesterday was Monday, the U.S. Mint had a sales report.  They sold 3,000 ounces of gold eagles; 3,500 one-ounce 24K gold buffaloes; and 710,500 silver eagles. There wasn’t much in/out movement in gold within the Comex-approved depositories on Friday.  They reported receiving 5,353 troy ounces of the stuff, and shipped 385 troy ounces out the door.  The link to that activity is here. As usual, there was a lot more activity in silver.  They reported receiving 500,272 troy ounces, and 138,665 troy ounces were shipped off to parts unknown.  The link to that action is here. Since today is Tuesday, I have a few more stories than normal, so I hope you’re able to find the time to read the ones that interest you the most. I’m not a Fed-Head because whatever they do is not specific to silver and gold, but applies to asset values in general. I’m more interested in the things most specific to silver and gold. As is usually the case, what moved silver and gold violently this [past] week was not the Fed, in my opinion, but factors much more specific, namely, the illegal trading practices on the COMEX. In fact, it’s hard for me to comprehend how anyone paying close attention could fail to see the obvious explanation for the week’s volatility in silver and gold – JPMorgan and other collusive commercials rigging prices on the COMEX for their own benefit. – Silver analyst Ted Butler: 21 September 2013 Except for the 9 a.m. appearance of the high-frequency traders in Hong Kong, it was pretty quiet during the rest of the trading day both in Europe and in New York on Monday.  I also noted that all four precious metals got sold down for small loses during electronic trading after the Comex had closed for the day. Nothing will happen price-wise until JPMorgan and the raptors [the Commercial traders other than the Big 8] stop doing what they’re doing.  The gold and silver pundits out there can predict rallies until the cows come home, but until the above-mentioned players stop gaming the system, either for profit or on Fed/BIS orders, or both, nothing will come of it. These guys can step into the market any time they wish, and as you can tell from the price action since the low back at the end of June, that’s precisely what they’ve been doing, andand it’s visible for all to see, unless they’re willfully blind, that is. Today, at the 1:30 p.m. EDT close of Comex trading, is the cut-off for this Friday’s Commitment of Traders Report.  If the Tuesday trading session comes and goes with little price action [at least to the upside] then we should get a very clear picture of what happened on Wednesday and Friday of last week, the big up/down days following the Fed announcement. All four precious metals traded marginally higher during most of the Far East trading day on their Thursday, and silver managed to spike above $22 for a minute or so.  However, shortly before 2 p.m. Hong Kong time, all four came under high-frequency trading selling pressure, and now prices are back to around their Monday closes in New York.  Volumes were very decent in Far East trading, but not anywhere near as high as they were on Monday at this time, but still pretty chunky nonetheless.  The dollar index is chopping sideways, and is basically unchanged as of 3:42 a.m. EDT. And as I hit the send button on today’s column at 5:20 a.m. EDT, all four precious metals are still under pressure from the HFT crowd, with silver leading the way.  At the moment it’s down more than 60 cents from its high earlier in the day in Hong Kong. Silver ran into the same 9 a.m. Hong Kong seller as gold did, but by 10:30 a.m. in New York, the price had struggle back to slightly above unchanged from Friday’s close, but once electronic trading began, it got sold down for a small loss on the day. Silver finished the Monday session at $21.64 spot, down 16 cents from Friday.  Net volume was very decent at 46,500 contracts and, like gold, 15,000 of those contracts traded before the London open.  That’s a lot of contracts in both metals for that time of day.center_img Sponsor Advertisement The dollar index closed in New York on Friday at 80.44.  It hit its low of the Monday session [80.29] minutes after 2 p.m. in Hong Kong, and then chopped back to basically unchanged into the close, as it finished at 80.45.  Nothing to see here. Both platinum and palladium had mini spikes down at 9 a.m. Hong Kong time as well.  Platinum rallied back until just before the London open before getting quietly sold down for the rest of the day.  Palladium traded pretty flat until around 11:30 a.m. BST in London and then gold sold down a bit over ten bucks by 9:30 a.m. in New York.  From there it recovered but, like the other three precious metals, it wasn’t allowed to close in positive territory, either.  Here are the charts. See Dr. Ron Paul Up Close and Personal at the 2013 Casey Summit He’s never voted to raise taxes. He’s never taken a government-paid junket. And he’s never voted for an unbalanced budget. He’s Dr. Ron Paul, and he’s always led by example. During his 36 years in Congress, he tried to convince his colleagues to vote along with him against any measure that ran counter to the Constitution. Unfortunately, they seldom did. So now he’s taken his message to the streets… and to the 3 Days with Casey Summit which is being held October 4-6 in beautiful Tucson, Arizona. Dr. Paul will be the keynote speaker for this timely event—a rare opportunity for investors and freedom-lovers of all stripes to hear and see him live. Not only will he be speaking, he’ll be in attendance for the entire three days, giving attendees the chance to talk with him in small, intimate settings. That he’s staying for the entire Summit speaks volumes about how important it is. In fact, many of the Summit speakers intend to stay for the duration as well. On hand with Dr. Paul will be renowned contrarian investor Doug Casey, internationally known economist Dr. Lacy Hunt, The Crash Course author Chris Martenson, Mauldin Economics Chairman John Mauldin, and 21 other financial and investment experts. Seats are going fast for this event—and Casey Summits always sell out—so reserve yours now.last_img read more

first_img— What Teeka Discovered at a Private Bitcoin Meeting in New York Will Shock You Recommended Link After a private meeting with some of the wealthiest investors in the world, Teeka’s making a major new Bitcoin prediction for 2018. Details here. Another was that everybody and their dog was talking about them. Because it had gone up 1,000% in the last year, they expected a repeat performance. It’s always that way in financial markets. Look, the last time I saw anything quite this goofy was during the internet bubble. Dozens of failed mining companies in Vancouver were turning themselves into internet companies. It was happening weekly, almost daily. That was the bell ringing at the top of the market for the internet companies. It was also the bottom of the market for the mining companies. So, I’m frankly trying to liquidate at this point. I really only want to own gold, silver, and other commodities to preserve capital. And mining stocks, as speculations. And more cash than I’m accustomed to. But that only leads us to another problem. The dollar itself is a hot potato. Justin: What do you mean? Doug: Keeping dollars in banks is very dangerous. The whole world is like Cyprus a few years ago. You don’t actually own anything in a bank or broker anymore—your assets are the unsecured liability of an institution that’s likely bankrupt. This is especially true if you have more than $250,000 in any given account, which the FDIC insures. But it’s bankrupt too, with assets that cover like a half percent of their liabilities. The problem is systemic risk, and it’s worldwide. It’s like Joe Louis said: you can run but you can’t hide. The only place you can hide today is gold and silver. That, and cheap real estate, if you can find it. Justin: Yeah, gold is doing quite well. Its price is up 12% since July. What do you attribute this to? Is it because investors are taking shelter? Is it due to the weak dollar? Or is it simply because we’re in the early innings of a new commodity bull market? Doug: Well, I think all the indications are aligning at this point. It’s been a rough bear market. As a group, commodities are 50% below their 2011 highs. It’s been a deep bear market as well as a long bear market. As a result, commodities have never been cheaper relative to financial assets like stocks and bonds. It’s a great time to be in commodities. And gold is the foremost commodity. It’s historically been used as money. And it will continue to be used as money because none of these governments should, or do, trust each other. Or each other’s phony paper fiat currencies. There could be a buying panic in gold and it could go much higher. We’re in a new bull market for gold at this point, but nobody cares. Or even knows that’s true. The same is true for silver. Although, silver is primarily an industrial commodity. It’s the poor man’s gold for many reasons. Silicon Valley Rocket Scientist’s February 27th Prediction Could Lead to 35,000% Growth Jeff Brown is a real-life rocket scientist and one of the most tuned-in angel investors in Silicon Valley. Not only has Jeff been an executive for companies like Qualcomm and NXP Semiconductors, but he’s also completed 89 private deals. Right now, he’s predicting that a new biotech breakthrough could skyrocket this market niche 35,000%… All because of a little-known FDA anomaly happening around February 27. Click here to see him lay out his bold prediction in full detail.center_img — Recommended Link Justin’s note: Volatility has come storming back. Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days. It’s up 89% since the start of the year. Last week, it hit the highest level since 2016. Investors aren’t used to this. After all, last year was the least volatile year ever for U.S. stocks. That lulled many investors to sleep. It led them to take risks they would normally never take. Now, those same people are wondering what to do. They aren’t sure if this is just a run-of-the-mill pullback…or the start of something much worse. To help answer this question, I called up Doug Casey. I knew he would have an interesting take on this matter… Justin: Doug, U.S. stocks took a beating recently. Where do you see things going from here? Doug: Well, I hate to make a firm prediction of timing. The fact that things have held together, against all odds, since 2009, has underlined the old saying about just because something is inevitable doesn’t mean it’s imminent. Predictions of disaster, and all these things unwinding, have been wrong over the last half a decade. And the smart bet is always for muddling through, in the direction of progress. But it seems that we’ve finally reached a peak, a major turning point. Justin: So, what have you done to protect your wealth? Doug: At the beginning of the year, I took all my original capital out of cryptos, plus 150% profits. I also took profits on crypto stocks. I got in late, and out a bit late. But it was a happy experience. They were bubbly. Every company that could possibly do so has gotten into this game. Now XYZ ice cream company is XYZ blockchain company. That was one tipoff. Justin: How much higher could gold head? Doug: Well, these things usually move in a hyperbolic curve. They start out slowly. Then, they accelerate. Same type of thing we saw with cryptocurrencies. I think gold will do the same, although not to the same extent. My prediction by the end of this year is that gold will hit $2,000. In 2019, $3,000. In 2020, $4,000. By the time this bull market peaks, gold could reach $10,000. But I hate to say things like that…because it sounds so outrageous. But look at the number of dollars in existence ($3.635 trillion in the M-1 money). Divide that by the 260 million ounces of gold the U.S. Government is supposed to own, and you get a gold price of $13,982/ounce. Look at the number of dollars that are outside the U.S.—$10 trillion, $20 trillion, who knows?—and that liability is growing by $50 billion annually with the balance of trade deficit. At $1,300 per ounce, the U.S. gold holdings can’t even cover a year’s deficit. And consider the fact that at some point those dollars will need to be redeemed by something if they’re going to retain any value. The price of gold—if gold is going to be fixed to the dollar again, at least for the purpose of trading with foreigners, with foreign governments—is going to have to be much higher than it is today. Of course, I don’t think the dollar should exist, nor should the U.S. government even be in the money business; it just confuses the issue. Money is a medium of exchange and a store of value—it shouldn’t also be a political football, and a means for the State to finance itself. Gold itself should be used as money. Remember that the dollar—like the franc, the pound, the mark, and what-have-you—were just names for a specific quantity of gold. So a six-to-one shot from here is not at all unreasonable over the next several years. And that would mean very good things for gold stocks. Justin: So, it’s safe to assume you’re buying gold stocks? Doug: Resource companies are essentially the only stocks that I’m buying right now. And that’s because nobody’s interested in them. They’re very cheap. Of course mining itself is a crappy business. You can’t invest in it, only speculate. But it’s a great speculation now. I probably do, on average, a private placement a week in mining stocks, which is quite a lot. The only thing I’m afraid of is having too many stocks. You can’t effectively monitor more than 15 or 20 stocks. And then you lose track of them. You can’t keep up. You forgot why you bought them. Unless I really like the stock and I’m planning on following it in particular, I sell the basic stock after the four-month hold period and keep the warrants in case I get lucky. Justin: What else are you buying right now? Doug: Well, I buy gold coins whenever the opportunity presents itself. I try to be disciplined about that. I just put them away and forget they exist. Unlike gold stocks, you can do that with gold coins. I think it’s wiser to buy small gold coins, of a quarter-ounce or less, as opposed to the one-ounce-size coins that are so popular today. Paying the premium is worth it. Incidentally, I also prefer to buy semi-numismatic coins, like British sovereigns, French Louis d’or, Danish crowns, and the like, as opposed to the currently minted ones. I treat gold, physical gold, as a savings medium, an insurance medium. To speculate, I buy small mining exploration issues. Because they’re so cheap. But if we have a 1929-style credit collapse, however, I’m sure most of them are going to get washed away. But the odds are much better that the dollar’s going to lose value at an increasing rate over the next few years. Because we have Keynesian academics at the helm of the financial world. People with no experience in the real world. They shouldn’t even be allowed to teach a freshman class in economics. Some of them should be, and quite possibly will be, hung by their heels from a lamppost when things come unglued. The world economy is going to wind up crashed on the rocks. It’s going to be very ugly. And soon. Justin’s note: Each month, Doug shares his unique insights in The Casey Report, our flagship publication. And beyond Doug’s timeless political and market commentary, you’ll get stock recommendations designed to help build your wealth—even in today’s uncertain market environment. To learn more about a subscription to The Casey Report, click here.last_img read more

Recommended Link

first_imgRecommended Link I can think of at least 25 more reasons to own gold right now as well… But you get the picture.These investors haven’t said why they’re buying gold. But we know they are buying… And you only buy something for one reason: You think it will go up in value.The reason we follow the world’s most successful investors is because we don’t have to do all the research ourselves. They spend tens of millions of dollars on research every year. We can profit just by following them.They have hundreds of other investments they could make. Yet they chose to allocate a good portion of their portfolios to gold.I’m not going to bet against any one of these guys—let alone all three.Let’s piggyback off their multimillion-dollar research budgets and own some gold. The easiest way to add gold exposure to your portfolio is through GLD.Regards,Nick Rokke, CFA Analyst, The Palm Beach DailyP.S. We’re excited to announce that former hedge fund manager and world-renowned cryptocurrency expert Teeka Tiwari has found PBRG’s first “Whale Hunter.”Teeka’s new contact is a former top Wall Street trader. He worked for one of the world’s top investment banks, where he figured out how to hunt these billionaire whale traders… and he created a system to profit by tracking them.Last night, we revealed the identity of the Whale Hunter for the first time. Over 10,000 people tuned in to see exactly how his system works. And today only, you can watch a full replay video that shows you the entire story right here.Reader MailbagToday, more high praise for Doug Casey and his new book, Totally Incorrect Volume 2:I have read and reread Totally Incorrect, and kudos from a mind based in reality, not emotion.Doug Casey is as kind as he can be in the face of extreme stupidity of individuals and institutions. Refreshing to find a similar mind that is fact, based in reality instead of some dream world. Keep leading the horse to water, we know it will not drink until it is dying of thirst, and may by then forget how to drink… all this unfocused attention is just hilarious, and the failure to learn at least some history is the blight of current education. Doug, you rock! —DonHave you claimed your free copy of Doug’s book yet? It’s packed with Doug’s no-filtered insights on today’s most controversial topics.It’s also a vital guide to surviving the changes happening in America today… as well as a road map for where they’ll take us. Click here to learn how you can get your hands on it.And as always, if you have any questions or suggestions for the Dispatch, send them to us right here.In Case You Missed It…It’s called the “100-to-1 Project”…In this exclusive interview, you can get all the details surrounding a little-known stock that could be on the verge of a historic breakout. In the past, similar stocks have shown investors 96,900%, 196,500% and 787,400% gains. Click here to learn more. Urgent – You only have until midnight to claim all of this: 75% savings… a FREE year of service… plus the unprecedented $250,000 ChallengeLast night’s $250,000 Challenge broadcast was a success: thousands of people tuned in to see the launch of our newest service, Palm Beach Trader. We posted a full replay video that shows you the full story right here. But you only have until midnight to save 75%… and get a completely free year… AND take us up on that $250,000 Challenge…so click here now. Seth Klarman. He’s the author of Margin of Safety, a book packed with such good information that people pay thousands of dollars for it (if you can even find a copy). No one is better at spotting value than he is. John Paulson. He knows a thing or two about spotting a crisis. He made his investors $15 billion as the subprime housing crisis unfolded in 2008–2009. And if another crisis comes, he’ll make a lot more money with his current positioning. This is a rare opportunity. You almost never see this many top investors get so interested in gold at the same time.Paulson has 11% of his fund invested in SPDR Gold Shares (GLD), which tracks the price of gold. He has about another 8% of his fund in gold mining companies.Dalio’s fund now holds 7% of its assets in gold and other mining stocks. That’s up from 2% during this time last year.Klarman has the smallest portion of his portfolio in gold and gold miners. But he’s actively adding to his gold holdings.Why Gold Could SoarRegular readers know that we consider gold a chaos hedge. We like chaos hedges as an asset class because we view them as insurance against disaster.They don’t always produce income or increase in value, but chaos hedges provide us the benefit of “sleep-at-night” protection.Right now, there are plenty of reasons why gold could soar: The powder keg that is the Middle East could explode. Ray Dalio. He’s the founder of the world’s largest hedge fund, Bridgewater Associates. The fund has made $50 billion for its investors—more money than any other hedge fund. When these three whales all get excited about a certain investment, we should dig into it. And in this case, they’re buying gold. Is Trump’s New Executive Order Warning Us To Prepare For June 21? Donald Trump recently signed an executive order adding this white metal to the official “U.S. Critical Minerals Directory.” This labels the metal as “critical for national economy and security.” Why did Trump make this move now? According to the man who predicted Trump’s election and one of his first executive orders… It’s to prepare for June 21 – when this historic event could spike the price of this white metal 10x as its global supply is pushed to critical lows. Get all the details by clicking here.center_img Justin’s note: This week over at The Palm Beach Daily, my colleague Nick Rokke has been writing about one of the simplest and most effective trading strategies that you can start using today. It’s a way to follow the world’s top investors into the money.And recently, he discovered that three of them are buying one of our core recommendations here at Casey Research… By Nick Rokke, analyst, The Palm Beach DailyToday, we’re going whale hunting…In the sports world, a “whale” is a superstar player who’s entering free agency. Teams hunt these valuable whales because they can change a franchise’s fortune.Think of Michael Jordan in basketball, Peyton Manning in football, and Alex Rodriguez in baseball.You can ride these whales to championships and glory.The investing world has its own whales, too.Now, we can’t sign them as free agents… But we can do the next best thing—follow them into the money.As I showed you on Tuesday, one way to outperform the market is by following the best investors in the world. All you have to do is look inside their portfolios.Today, we’re following three of the world’s biggest fund managers into one of our favorite chaos hedges…I’ll show you what they’re buying in a second, but first let’s take a look at how this strategy works… Recommended Link The U.S. is printing more money and issuing more debt than ever. Inflation is on the rise. How to Get a Sneak PeekThere’s a simple way for the average guy to piggyback on the returns of the world’s top investors without hiring them…All funds that have more than $100 million under management need to file a quarterly report with the U.S. Securities and Exchange Commission (SEC).The SEC calls it a 13F filing. It requires large funds to disclose the stocks they own 45 days after every calendar quarter.These reports are public record. So you can look at them yourself. (If you want to read through the 13F filings yourself, check out WhaleWisdom.)Here’s what they’re showing for three of the world’s best investors…Three Wise MenWhen one whale buys a position, that’s interesting. But when three of them buy the same position at the same time, it’s head-turning.The three titans I’m talking about are: The trade war could upset the world markets… and lead to a real war with China. — —last_img read more

Washington state has moved a step closer toward ma

Washington state has moved a step closer toward ma

first_imgWashington state has moved a step closer toward making it more difficult for parents to receive exemptions from having their children receive a required immunization.The state Senate passed a bill on Wednesday night that removes the personal belief exemption from vaccinations for measles, mumps and rubella. However, the bill retains medical and religious exemptions and leaves intact personal belief exemptions for all other required immunizations. The bill, which passed 25-22, will now return to the House for passage of the version amended by the Senate. Upon its anticipated passage there, it will go to Gov. Jay Inslee, a Democrat, who is expected to sign it.Current state law allows parents to not have their child get the MMR vaccine if they have a philosophical or personal objection. If the bill is signed into law, that exemption would be removed.The Centers for Disease Control and Prevention recommends all children get two doses of the MMR vaccine, starting with the first dose at 12 through 15 months of age, and the second dose at 4 through 6 years of age. Two doses of MMR vaccine are 97 percent effective against measles and 88 percent effective against mumps.State Sen. Annette Cleveland, who sponsored the bill, represents part of Clark County, which has been the site of a measles outbreak. There have been 73 confirmed cases in Clark County since the start of the year, but there are no new confirmed cases since March 18.”My community is under threat,” said Cleveland, according to The Seattle Times. “A vote against this bill is a vote against public health.”But state Sen. Ann Rivers, who also represents a portion of Clark County, said it should be up to parents whether to have their children vaccinated. “We keep hearing ‘science is settled,’ ” she said, according to the Times. “It’s not settled.”All 50 states have legislation requiring schoolchildren to be vaccinated. According to the National Conference of State Legislatures, all states permit medical exemptions, and all but three (California, Mississippi and West Virginia) allow religious exemptions. Washington is one of 17 states that permit philosophical objections to school immunization requirements.California removed its personal beliefs exemption in 2015, which also included religious objections.Meanwhile, lawmakers in Arizona are moving in the other direction: considering bills to make it easier for parents to get exemptions for their kids from the usual childhood vaccinations. As KJZZ’s Will Stone reported for NPR last month, “Among other things, the Arizona bills would require that before immunizing a child, doctors hand over to parents a stack of papers that include the benefits and risks of each vaccine, the vaccine manufacturer’s product insert, the vaccine’s summary description from the Centers for Disease Control and Prevention, and instructions on how to report a vaccine-related adverse event.”Another bill in the package would make it easier for Arizona parents to opt out, adding a new type of exemption in the state — an exemption based on religious objections.” Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

Marijuana Industry Braces for Shock of Trumps Trade War With China

first_img Image credit: Timothy Fadek | Getty Images Add to Queue Marijuana Industry Braces for Shock of Trump’s Trade War With China International Business –shares Next Article August 8, 2018 Virtually all the vaporizers sold in the US are made in China but the effect will be more far ranging that just vaporizers. Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry — in particular, cannabis vaporizer companies.Others likely to be affected include:Cultivation operations that want to expand their greenhouse facilities.Growers that need to buy lighting equipment.Brands that purchase packaging from China.Businesses that buy materials made with Chinese-made steel and aluminum, such as extraction equipment.“If I was in the vape industry or the lighting industry or greenhouse industry, I would be pretty concerned that costs were going to go up as the result of a trade war,” said Kevin Hogan, president and co-founder of Oregrown, a vertically integrated cannabis company in Bend, Oregon.Here’s a review of the major factors developing around the issue for the cannabis industry.1. Businesses are anxious their costs could go up because of a trade war.On May 29, President Trump announced that by June 15 the Office of the United States Trade Representative (USTR) should announce 25% tariffs on approximately $50 billion worth of Chinese imports containing “industrially significant technologies.”Included on the second list of items under the increased tariffs is the harmonized tariff schedule code 8543.70.99.40, which relates to vapor product devices, batteries intended for use in vaping devices and pre-filled pods and cartridges.That HTS code was one of 284 on the second list to undergo further review in a public notice and comment process, including a hearing in front of the USTR.The public comment period on that ended Aug. 1. Now vaporizer companies are waiting to hear if the USTR will strip out any HTS code related to vaporizer devices before the tariffs go into effect.The White House also announced on Aug. 1 it may up its proposed tariffs to 25 percent from 10 percent on another $200 billion of Chinese imports.According to the import-export data tracking website Datamyne, the United States imported $42 million worth of vaporizers or vaporizer parts under the above HTS code from China in 2017 and $800,000 worth of similar products from Hong Kong. The next three closest markets accounted for less than $500,000 in imports combined.Hogan said vaping products are among the largest-growing segment in cannabis “by a country mile,” and Oregrown doesn’t sell any vaporizers that aren’t made in China. None of the vaporizer brands Hogan’s store carries has told him to increase prices. But it’s on his radar.On the construction side, Hogan said he’s also concerned about the potential future cost of steel for greenhouses. However, a greenhouse builder he contracts with “got ahead of the curve” and ordered its steel before the tariffs were imposed so he was “insulated from the increase in costs.”Related: Luxury ‘Bong’ Maker Faces Unique Trademark Infringement Dilemma2. Consumers likely will have to pay more for vape cartridges.In states such as Oregon, a lot of the outdoor-grown cannabis flower that is sold on the low end of the market is processed into oil and sold for vape cartridges, so the tariffs directly affect one of the largest segments of the state’s cannabis industry.“So many companies are struggling to survive on all levels of the supply chain that these tariffs are like throwing salt in the wound,” said Brad Blommer, a cannabis attorney in Portland, Oregon. “Ultimately, the consumers are going to have to pay more.”“It really is a trade war,” said Josh Church, chief regulatory and compliance officer for Joyetech Group, a major manufacturer of vaporizers for both e-cigarettes and the cannabis industry with headquarters in Changzhou, China. “The difference between us and other industries is that all of the vaporizer manufacturers are based in China. For the cannabis industry, there are very few (U.S.) domestic manufacturers of vaporizers.”One of the key drivers of the Trump administration’s trade policy is to bring back jobs that the United States has lost to markets in other countries. But making cannabis vaporizers isn’t a legacy industry for American workers in the same way that steel manufacturing is. There have never been large-scale vaporizer manufacturers or e-cigarette companies in the United States.“The issue is that we as an industry don’t even have the ability to manufacture stateside,” Church said.Related: 3 Challenges You’re Likely To Face Once You Open for Business3. Repercussions from tariffs may not be immediately apparent.Jan Verleur, CEO of Miami-based VMR Products, which owns cannabis vaporizer product line Prohibited, said his company imports container-sized goods from Shenzhen, China, every week and he hasn’t seen the impact of the tariffs yet. He doesn’t expect to see anything show up in his financials until this fall at the earliest.“But the profit margins in the cannabis space as an overall rule are still healthy,” Verleur said. “I don’t think this is a hit that’s going to collapse anyone’s business.”Jeremy Heidl is president of Denver-based Organa Brands International, which has a large-scale vaporizer brand in the cannabis industry. As of last week he hadn’t seen the impact of the tariffs, but he’s waiting for it. “We expected it about a month ago, when the announcement was made,” Heidl said.Organa Brands also imports equipment, packaging and other items from China. “(The tariffs) make U.S. equipment nearly the same price, so I guess it’s having the intended effect there,” he added.Heidl also said it’s not a guarantee that consumers will see the added cost of the tariffs passed down to them.“It’s pretty difficult to raise cannabis prices in the market right now,” he said. “It will likely be absorbed” by the cannabis companies.But Arnaud Dumas de Rauly — co-founder and co-CEO of New York-based The Blinc Group, a vapor and cannabis technologies incubator — pointed out that the margins aren’t that large on the hardware.“Adding 25 percent tariffs on top of that really makes it hard to not pass this on to the consumer,” he said.Dumas de Rauly testified in front of the USTR last week, arguing that increasing the cost of vaporizers in states like New York and Florida, which have medical marijuana markets that don’t allow for smokable flower, will drive more patients to the black market. In the future, Dumas de Rauly would like to see the marijuana industry pay closer attention to business-as-usual regulations that could have a significant impact on company owners.“As a nascent industry, we are sometimes narrow-minded and focus specifically on the cannabis regulations and forget the rest,” he said.Morgan Fox, media relations director for the National Cannabis Industry Association, said he hadn’t heard of any members complaining about the tariffs, and the trade group hasn’t developed a strategy on the issue.“It’s definitely something that’s under discussion,” he said.Bart Schaneman can be reached at barts@mjbizdaily.com Brought to you by Marijuana Business Daily 7 min read Free Green Entrepreneur App Bart Schaneman Download Our Free Android Applast_img read more