"Give me control of a nation's money and I care not who makes the laws." (Mayer Amschel Rothschild)

"Most people are obsessed with money. Hardly anyone is interested in it."
(Wm. Shakespeare)

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Some Useful Links

FTSE 100 Shares Index (Value) 15 minutes delay. BBC Page
FTSE 100 Shares Index (Graphs) 15 minutes delay. BBC Page


eMail dr.ftse@gmail.com to learn more/how to get started as an Option Trader, or to ask for details of the hugely successful White Knuckle Riders Investment Club (wkr.inv.club@gmail.com) which deals largely in Traded Options, particularly Options in the FTSE 100 Index. The Club's objective is to make 1% PER MONTH for its members.
Since it's inception in August 2000 the Club has paid out £253,000 in profits to members. Members are strongly advised to withdraw accumulated profits regularly; trading options is always riskier than trading in the underlying securities (i.e the 100 companies whose shares make up the so-called 'FTSE 100 Index')


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My Open Option Contracts

(Updated weekly on Friday at close of business, or whenever I re-arrange any of my positions - except I haven't updated them for MONTHS because no one ever reads the blog. See my comments above!)

FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014

(*) "Short" in the context of option trading means the contracts were opened by selling them.
(**) "Covered" Calls means I have the shares to meet any assignment by the counterparty
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.


Monday, 24 January 2011

BBC Radio 4 News . .

. . . at 6a.m this a.m was gearing up for another Media Orchestrated Terror Campaign.  And what is it this time?  Well, it's FOOD SECURITY, innit?  The problem seems to be that the world's ballooning population (6.4 billion and rising faster than you can count) is putting pressure on:-

Agricultural land (that's WHERE we grow food)
Fresh water         (a resource necessary for growing it)
Energy                (for - you name it, food needs it)

As Molesworth sez, "Eny fule kno all this" although we collectively pretend it doesn't matter - as long as it impinges only on the poor of the world and not on the developed world - and even though many of us weigh twice as much as is good for us. But I digress. The bulletin went on to say (something like)  "various authorities have been issuing warning about the impending crisis for the last thirty or forty years."  

ONLY thirty or forty?  The Reverend Thomas Malthus first pointed to the problem  in his Essay on the Principle of Population (1798 to 1826) in which he argued that population growth must eventually be limited by famine and disease.  At the time he was up against utopians like Jean-Jacques Rousseau.  (For the more mathematically minded, Malthus pointed out that population can in principle increase in a geometric progression - whereas food supply can increase only in an arithmetic progression. When the graphs cross, we're in trouble.) Technology has done pretty well so far to fix things up, despite the insane vapourings of the anti-GM lobby.  These are amongst the World's True Weirdos. Why?  Because if they are below the age of about 150, they haven't eaten a mouthful of food in their whole lives that isn't genetically modified(*).  These maniacs are not objecting to GM. They are objecting to GM being done quickly and cheaply in laboratories, rather than slowly and expensively on plant and animal breeding stations. They are objecting to science, which they don't understand yet rely on for everything they do and are, every minute of their lives.  They will change their minds the day they find empty shelves in Tesco. Remember folks . . next time you eat any of your five- a- day, you're eating a genetically modified  hybrid.   ENJOY!  

(*) fish and game are perhaps exceptions to this, except that evolution has been genetically modifying even these species for millions of years.

1 comment:

  1. evolution has been genetically modifying even these species for millions of years

    Mankind included! Aren't we lucky? Glad you had a more interesting topic to post about than I did, this Monday.

    ReplyDelete

I don't leave comments on blogs that use Word Verification. Ditto blogs which I know have Comment Moderation applied. Life's too short and I'm too busy makin' money and what the Hell are these people scared of anyway? If you don't like some creep's comment . . TRY DELETING IT! You have that privilege.
And I never read unpunctuated so-called poetry. I don't understand why self-styled poets think it's clever to make their work difficult to read/understand.