Breitbart News predicts Intel is restructuring its Client Computing Group to exit stand-alone central processing units (CPUs) for personal computers (PCs) and fully embrace its disruptive 3D XPoint memory technology, which combines huge storage-class memory and a processor into a single device. The compact high-bandwidth package will eliminate the need for standalone dynamic random access memory (DRAM) chips.
Said Intel CEO Brian Krzanich in an email today to employees, “These are not changes I take lightly. We are saying goodbye to colleagues who have played an important role in Intel’s success. We are deeply committed to helping our employees through this transition and will do so with the utmost dignity and respect,” and promised more details soon.
IBM Layoff Epidemic Spreads Worldwide (richcabot)
Here we are six weeks later. IBM has said little more about the layoffs publicly, yet they don’t appear to be over. The March round appears to have been the beginning, not the end. A Facebook group, Watching IBM, is gathering reports from around the world. These dispatches are by no means comprehensive, but are at least painting a rough picture of what is going on.
Q: Do you keep a budget? A: No, but I have been working on trying to recently. I know I have to pay bills for food, for clothes, gas. It’s a lot of things that go into budgeting. It’s hard to plan for, because you never really know what you’re going to need to spend money on. And the amount of money I make varies, because I work different hours. The biggest two-week check I’ve had so far is $250.
State pensions are lobbying Congress to make it mandatory for everyone (not just government employees) to contribute to state pension systems. They want to takeover your 401K, manage everything, and rob your savings to pay for unfunded liabilities to state workers. This is how they are looking to bail themselves out — it will be the dark side post-2017. All of this is going on right now but it is still hush-hush.
All Hail the Mighty Silver Bugs (Kevin J.)
As we discussed back in late March, shorting the GTSR (Gold-to-Silver Ratio) at 80 looked like it could turn out to be the 2016 Trade-of-the-Year, but little did I expect that the move would occur without a breakout (or breakdown) move in gold. As it stands, gold is still locked in that $1,210-$1,287 range that has shackled it since the 1st of April, but silver by contrast has been a standout performer since that day. The new recovery high seen today in silver is a big positive over the near term and bodes well for the ultimate test of $18.50, with a strong likelihood that silver is leading gold to what will be an upside resolution to this sideways correction.
Silver: Not Time to Worry (GE Christenson)
“But by the fall of last year the energy industry was in trouble and on the verge of triggering another financial crisis and many over-leveraged energy companies were on the verge of going under. The Fed desperately needed some commodity inflation.”
Investment School Of Rock (Tiffany D.)
Collectibles such as rare coins, stamps, wine, art and comics have shown steady growth in value regardless of what’s happening in the stock market. But they are too often overlooked among investors as too complicated when it comes to using them to protect and growth their wealth. That’s why we’ve launched the Uncommon Fortunes service to provide valuable insight into the different aspects of the collectibles market.
Dualism Makes LNR Go (Arthur Robey)
Superconductivity is critical in the characterization of LENR. It provides some of the miracles that LENR demonstrates. This is due to the dualism that superconductivity shares with black holes. A superconductive Bose condensate is an effective black hole. The BEC acts like a black hole.
What a difference a year makes! In the 2015 survey, interviewees showed familiarity with and interest in the issue of slower load growth: 57 of 58 were willing to rank by relative importance the causes of slow load growth. There was also a change in perceived reasons for the slowdown in load growth and more commentary from interviewees about their thinking in projecting lower growth.
Unnatural Selection (jdargis)
In 2005, the state teamed up with the Nature Conservancy and the University of Hawaii to devise a contraption—basically, a barge equipped with giant vacuum hoses—to suck algae off the seabed. Gradually, the reefs revived. There are now more than fifty so-called “patch reefs” in the bay.
“Kaneohe Bay is a great example of a highly disturbed setting where individuals persisted,” Gates said. “If you think about the coral that survived, those are the most robust genotypes. So that means what doesn’t kill you makes you stronger.”
The compact is a historic, and rare, regulatory framework. Unlike the divisive water-sharing laws for the Colorado River and others in the West, the Great Lakes compact includes language that emphasizes sustainability, transparency, conservation and efficiency.
“The compact is more about governing the resource collectively as a common pool for the public domain,” said Jenny Kehl, a professor at the University of Wisconsin, Milwaukee, who studies water resource issues.
Who Owns The Earth? (westcoastjan)
The commons are just what they sound like: land, waterways, forests, air. The natural resources of our planet that make life possible. Societies throughout history have continually relied on varying systems of commons usage that strove to distribute essential resources equitably, like grazing and agricultural land, clean water for drinking and washing, foraged food, and wood for fuel and building. As far back as 555 CE the commons were written into Roman law, which stated outright that certain resources belonged to all, never owned by a few: ‘By the law of nature these things are common to mankind – the air, running water, the sea and consequently the shores of the sea.’
Gold & Silver
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