Short and Sweet

Well, I was suckered into watching the entire Miami Dolphins vs NY Jets game last night! An incredible game with lead changes and momentum turns galore. I just wish they could kick off at 8pm eastern time so I could go to bed at a respectable hour.

On that note, a bit short on time tonight, so just a couple of thoughts.

-Intel (INTC) blew away earnings estimates, which was expected, but the company went above the "whisper number" as well. What should be clear to any observer is how silly the earnings estimate game is. Why is it that every quarter the analysts polled are off on the numbers by wide margins, both the upside and downside? Anyway, expect a rocket ship ride up tomorrow in the indices.

-Related to the INTC news, where did all these sales come from? Where are these chips going? Of course revenue is still down year over year, but I would be interested to know where this "unexpected" rebound came from.

-I am not familiar with the author of this post, so I offer his article with all the usual caveats. That said, if this story has any merit ......
Central Banking: A Blight On Humanity
Details a possible issue with gold bullion for physical delivery contracts being renegotiated for cash settlement instead, and at huge premiums to spot gold price.

For a chuckle, enjoy this Fail Blog post:

see more Epic Fails

Have a good night.

Sunday Random Items

I had a bit of extra time this Sunday afternoon, so I thought I would do a small post of interesting items that are non financial in nature.

Crazy Video
I am not sure if this video is even real, and the fact that the title of the clip is "F-18 Hornet Extremely Low Fly By" when the jet in the clip looks like a Harrier does not help the real case. Anyways, I still found this pretty wild:


Who Needs Defense Anyway?
Today news came that the New England Patriots traded away star defensive end Richard Seymour to the Oakland Raiders for a 2011 first round draft pick. I am puzzled at this move. Seymour is one of the last "old school" Patriots. I understand his contract is up after this season and he will probably want crazy money, but that could have waited until the next off season. The Patriots are not exactly known for their generation of quarterback pressure over the last few years, and this will not help.

Tim Graham of ESPN has a much more positive take on the deal than mine, but I still think this move is a bad one for reasons of locker room moral. Oh well, who needs defense anyway, right?

Funny Site
Modeled along the lines of sites like LOL Cats, and LOL FED, the blog FailBlog is a very funny stop on the Internet. This one from today shows what not to do when trying to sell your home (NOTE: You will have to click on the pic to see the whole thing):

see more Fail Blog
That is just so wrong!

Mexican Centavos
I am not a coin collector, but I really do love old Mexican 50 centavos coins. There is something about holding a coin from the 1800's and knowing that is must have moved all over Mexico and the United States. You can almost feel the history with these things. Here is a picture of one:
Front

Back

Pretty cool!

That's about it. Enjoy the weekend and leave anything interesting in the comments.

Have a good night.