February 20, 2012 Newsletter
Dear Friends,
Tangents:
From the verbatim report of the trial of Joan of Arc, 1431.
On Monday the nineteenth day of February …. the Bishop of Beauvais …. explained to them that a woman named Jeanne called the Pucelle, who was accused of invoking devils and other crimes, and had been delivered and handed over to him from the Very Illustrious Prince the King of France and England [Henry VI] …. Since the Grand Inquisitor of the Faith was not in the town of Rouen, but only his deputy was there, it was ordered and directed by the bishop that the deputy should be called; and that in the presence of notaries he should be summoned to hear the articles and informations which had been made concerning the crimes and evildoing of the said Jeanne, and the scandal which had thereby arisen. –from The Book of Days.
photos of the day
February 20, 2012
Abu Dhabi Ocean Racing with skipper Ian Walker from the UK, on the helm, chases Team Sanya, skippered by Mike Sanderson from New Zealand, during the start of leg 4 of the Volvo Ocean Race 2011-12, from Sanya, China, to Auckland, New Zealand. Race organizers will hold the six boats in Sanya to allow enough time for dangerous conditions to clear, with fears that waves of up to eight meters could wreak havoc with the fleet.
A waning moon is seen in the sky over a building crane decorated with illuminations in Minsk, Belarus.
Sergei Grits/AP
Market Closes for February 20, 2012:
North American Markets
| Market
Index |
Close | Change | ||||||||||||||||||||||||
| Dow Jones
S&P 500 NASDAQ |
Closed for President’s Day |
|||||||||||||||||||||||||
| TSX | Closed for Family Day (Ontario) | |||||||||||||||||||||||||
Bonds |
||||||||||||||||||||||||||
| Bonds | %Yield | Previous %Yield |
| CDN. 10 year bond |
Closed for Family Day (Ontario) |
|
| CDN. 30 year bond | ||
| U.S. 10-year bond |
Closed for President’s Day |
|
| U.S. 30-year bond | ||
| Currencies |
| BOC Close | Today | Previous |
| Canadian
$ |
0.99349 | 0.99715 |
| US
$ |
1.00656 | 1.00286 |
| Euro Rate
1 Euro= |
Inverse | |
| Canadian $ | 1.31585 | 0.75996 |
| US
$ |
1.31448 | 0.75501 |
| Commodities |
| Gold | Close | Previous |
| London Gold Fix | 1733.70 | 1724.50 |
| Oil | Close | Previous |
| WTI Crude Future | 104.92 | 103.24 |
Market Commentary:
North American markets closed.
Have a wonderful evening everyone.
Be magnificent!
The absurd denial of the truth is natural in man.
Man does not want to be, but to appear to be.
He does not want to see what he is, but tries only to see himself as the person
other people take him for, when they talk about him.
-Swami Prajnanpad, 1891-1974
As ever,
Carolann
Ask yourself whether you are happy
and you cease to be so.
-John Stuart Mill, 1806-1873
Carolann Steinhoff, B.Sc., CFP, CIM, FCSI
Senior Vice-President &
Senior Investment Advisor
Queensbury Securities Inc.,
St. Andrew’s Square
Suite 340A, 730 View St.,
Victoria, B.C. V8W 3Y7