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May 21, 2011

Mining Interactive : Zeal Intelligence Weekly - "Commodities Risk Trade" by Adam Hamilton

Dear Friends:
Adam Hamilton has posted his weekly Zeal Intelligence Newsletter on the Mining Interactive Website.
Click here:
Zeal Intelligence Weekly

Greetings and Regards from Vancouver and Brought to you by,


CBS NEWS Coverage of Breaking Space News: 540p 5/21 Update: Analysis shows damaged heat shield tile no threat

-- Posted at 12:58 AM EDT, 05/21/11: Astronauts begin work to inspect damaged tile
-- Updated at 05:05 AM EDT, 05/21/11: Gouged heat shield tile inspected
-- Updated at 02:20 PM EDT, 05/21/11: MMT briefing delayed to 5 p.m. EDT
-- Updated at 04:20 PM EDT, 05/21/11: MMT briefing moved up to 4:30 p.m. EDT
-- Updated at 05:40 PM EDT, 05/21/11: MMT determines damaged tile no threat to safe re-entry

CBS News

KENNEDY SPACE CENTER, FL--The shuttle Endeavour's crew used an instrumented boom on the ship's robot arm Saturday to carry out a close-up, focused inspection of a damaged heat shield tile on the belly of the orbiter. By late afternoon, analysts concluded the damage posed no threat to the orbiter and NASA's Mission Management Team cleared the ship for re-entry as is.

"So all good results all the way around," said MMT Chairman LeRoy Cain. "Ultimately, their recommendation to the MMT was that we clear this area. In accepting that recommendation, we're essentially clearing the vehicle for re-entry at this point. There were no dissenting opinions, no alternate opinions, the entire team was pretty much on board with the assessments that were done."

NASA managers were optimistic that would be the case, based on an analysis of long-range telephoto views shot during Endeavour's final approach to the station Wednesday, but the focused inspection was ordered Friday to make absolutely sure.

The inspection work began after midnight when the space station's robot arm was used to pull Endeavour's heat shield inspection boom, or OBSS, out of the ship's cargo bay for hand off to the shuttle's 50-foot-long arm. Pilot Gregory Johnson, overseeing a series of computerized maneuvers, then positioned the arm under the shuttle's right side for close-up photos and laser scans.

The imagery and laser scans showed the damage site measured 2.43 inches by 2.95 inches with a maximum depth of .89 inches. Cain said the analysis showed the aluminum structure below the damage site would experience maximum temperatures of around 219 degrees Fahrenheit during re-entry, well below the 350-degree safety limit.

"With this data, to include the laser data that the team was able to acquire from the focused inspection, the analyses teams went back and essentially what they did is verify how much tile is still in the cavity," Cain said. "Because, of course, it's more important what remains than it is what's gone, per se. What we're interested in is protecting the structure underneath the tile and the associated systems."

And based on that analysis, "it was clearly OK," he said.

To make doubly sure they were on solid ground, analysts created a three-dimensional representation of the damage that had the uniform shape required for computer modeling. As such, the computer model assumed more damage than was seen in the actual gouge, "and in running that analysis, they determined we still cleared with plenty of margin."

The astronauts went to bed no knowing the Damage Assessment Team results, but Cain said they knew engineers were optimistic. With the damage site cleared for entry as is, the astronauts will have one less worry as they prepare for a second spacewalk Sunday to add ammonia coolant to a space station solar array.

Here is a timeline of the crew's remaining schedule for flight day six (in EDT and mission elapsed time; includes revision E of the NASA television schedule; best viewed with fixed-width font):


12:56 PM...05...04...00...00...Garan sleep begins
01:26 PM...05...04...30...00...Shuttle crew sleep begins
02:00 PM...05...05...04...00...Replay of PAO event with Pope Benedict XVI
03:16 PM...05...06...20...00...ISS evening planning conference
04:30 PM...05...07...34...00...Mission Management Team briefing on NTV
05:31 PM...05...08...35...00...ISS crew sleep begins
06:45 PM...05...09...49...00...Flight director update on NTV
08:45 PM...05...11...49...00...Flight director update replay on NTV
09:26 PM...05...12...30...00...Shuttle crew wakeup


CBS News Space Updates:

NASA Shuttle Web:

NASA Station Web:

Spaceflight Now:


CBS : This Sunday Morning: Our annual design issue

The CBS Sunday Morning newsletter


In the ancient world, Athens and Rome were the pillars of modern architecture and their influence not only spread across the world, but over two millennia as well. Today, when we think of cities that are showcases of modern architecture, New York, London, Shanghai, Dubai, Paris and Berlin all come to mind. But right here in the American heartland, there is one city that structure for structure may rival them all: Columbus, Indiana.
Former first lady Ladybird Johnson once referred to Columbus as the "Athens of the Prairie." And for good reason, its buildings are designed by some of the greatest architects of our time: Eero Saarinen, I.M. Pei, Robert Venturi, Richard Meier, and the list goes on. That's why "CBS Sunday Morning" has chosen Columbus as the broadcast site for our annual special edition "By Design."
Right after World War II, Americans began a love affair with the suburbs. They were spacious, clean and offered all the amenities that returning GIs and their growing families needed to live the good life. Now, almost 70 years later, that trend is reversing. People are returning to the excitement and convenience of cities. In fact, as correspondent Seth Doane reports in our "Sunday Morning" cover story, more than half of all humanity lives in cities, and by 2050, nearly three quarters of us will call a city home.
If you decide the urban life is for you and you need to sell your home to get there, you may want to consider a design makeover. More and more sellers caught up in this buyer's market are hiring interior designers or "stagers" to make sure their houses make the best impression possible. As correspondent Cynthia Bowers finds out, hiring a stager can be an expensive proposition, but if you don't, it could cost you.
Of course, the hustle and bustle of the city isn't for everyone. For those of you more interested in contemplation rather than urban vibration, a Zen garden may be just right for you. Correspondent Lucy Craft takes us to Kyoto, Japan, for a look at some of its celebrated rock gardens.
Beauty comes in many forms and in the case of jewelry it can be had for a price, sometimes a hefty price. But as correspondent Martha Teichner reports, it's not the price that matters (you probably couldn't afford it anyway), it's the design. Teichner gets an up close look at exquisitely crafted jewelry designed by legendary jeweler Van Cleef and Arpels for some of the world's most beautiful women including Marlene Dietrich, Elizabeth Taylor and Jacqueline Kennedy Onassis.
Diane von Furstenberg knows a thing or two about designing for women. After nearly four decades, her clothing is still in vogue and worn by the likes of Jessica Alba, Madonna and Jennifer Lopez. The Belgian-born designer first hit the fashion scene with her body-hugging "wrap dress" in the early 1970s, a dress so symbolic of the time that it now hangs in the Smithsonian. Correspondent Anthony Mason visits von Furstenberg at her New York studio for a look at her latest designs, which go far beyond the runway.
The popularity of the "wrap dress" certainly got Diane von Furstenberg noticed, but as hard as it is to believe, there are designers who prefer their work go unnoticed. Miami dentist Mark Barsky is one of them. He designs custom-made veneers that make teeth look whiter. He calls himself a "smile architect" and only considers his work a success if it doesn't call attention to itself. Correspondent Richard Roth reports on a designer who is constantly striving for imperfection.
Those stories and more on a special edition of "Sunday Morning: By Design." Listen for the trumpet.

Reincarnation: Believing in second chances One in ten Americans remembers living a past life; What evidence is there for reincarnation, beyond faith that memories are forever?

Guide to summer movies 2011 Film critic Kenneth Turan guides you through this season's cinematic offerings, from comic book heroes to "Tree of Life"

MarketWatch | Weekly Roundup: The Week's Top 10 Videos

Weekly Roundup
MAY 21, 2011

The week's top 10 videos on MarketWatch

By MarketWatch

In case you missed them, here are the 10 most popular videos that appeared on MarketWatch for the week of May 16-20:

Google's developer conference is a giant maze

AllThingsD's Ina Fried tried out a larger than life labyrinth at Google's developer conference. The giant maze was controlled solely by tilting an Android tablet.
 Watch Video Report.

Credit cards are safer than debit cards

If scammers steal your debit-card pin number, your bank account may be at risk. Fewer than half of banks promise zero-liability protection on debit-card pin transactions, says MarketWatch's Andrea Coombes.
 Watch Video Report.

Before you buy gold, watch this

David Weidner gives some words of caution about gold.
 Watch Video Report.

Analysts predict a September iPhone 5 launch

Analysts are suggesting that the new iPhone 5 may arrive in September, not June as previously expected, George Stahl reports.
 Watch Video Report.

What you should know about the LinkedIn IPO

Professional networking service LinkedIn has priced its initial public offering of shares at $45. John Letzing tells Stacey Delo what you need to know before shares start trading Thursday.
 Watch Video Report.

Michael's customers' credit cards hacked

Ann Zimmerman reports Michaels arts and crafts stores are warning customers across the country that their credit card information may have been obtained by hacker.
 Watch Video Report.

Winklevoss twins vow Supreme Court fight

It's not over yet. The storied fight between Facebook and the Winklevoss twins may be heading to the Supreme Court, Simon Constable reports.
 Watch Video Report.

Where gas prices are headed from here

Richard Soultanian, president of NUS Consulting Group, talks to Steve Gelsi about why he expects gasoline prices to cool off over the summer and how the Fed's monetary policy may ease pain at the pump in coming months.
 Watch Video Report.

A look inside the Fukushima Daiichi nuclear plant

Tokyo Electric Power Co. released this video, filmed May 6, that illustrates the scale of the damage at the Fukushima Daiichi nuclear power plant and steps being taken to resolve the crisis.
 Watch Video Report.

Cody Willard ‘likes' LinkedIn, but not buying

Cody Willard says he thinks LinkedIn is a better investment than RenRen, which he said to "run run" from, but isn't a buyer of the professional network's much anticipated initial public offering. He talks with Stacey Delo.
 Watch Video Report.

MarketWatch | The Week's 10 Best Personal Finance Stories

Personal Finance Daily
MAY 21, 2011

The week's 10 best Personal Finance stories

By MarketWatch

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of May 16-20:

Get ready for Social Security, Medicare meltdowns

Given that Medicare is expected to be exhausted in 2024 and Social Security's reserves will be exhausted in 2036, what should current and future Social Security beneficiaries do to maximize or protect their benefits?
Read more: Get ready for Social Security, Medicare meltdowns.

The higher costs of strategic default

Homeowners considering strategic default need to know this before taking the leap: The fact that you could have continued paying your mortgage, but chose not to, could mean you'll face harsher consequences than those who defaulted out of hardship.
Read more: The higher costs of strategic default.

People plan to work into their 70s — or later

Almost four in 10 workers said they'll work long past the normal retirement age, if they even retire at all, and a growing number of people said the recession will force them to work longer in life, a new survey finds.
Read more: People plan to work into their 70s — or later.

Don't buy that car yet, whether it's new or used

Used-car prices are soaring and Japanese car-parts shortages are pumping up new-car prices, so you're best off waiting to buy an auto.
Read more: Don't buy that car yet, whether it's new or used.

Helping friends, family members with dementia

Watching a loved one with dementia reach the final stages is heartbreaking. But you don't have to give up on maintaining a meaningful connection with that person.
Read more: Helping friends, family members with dementia.

Companies tie more of workers' pay to performance

Companies increasingly are focusing on employees' performance when it comes to doling out pay. Some workers may be fine with this riskier form of income, but others, not so much.
Read more: Companies tie more of workers' pay to performance.

Stock sectors set to dominate the market

The much-ballyhooed "risk-on" trade has catapulted the materials, energy and industrials sectors for most of the past two years. But this ride looks like it's come to an end — and that could be bad news for stock bulls.
Read more: 3 stock sectors set to dominate the market.

5 money moves one China basher is making now

Wall Street veteran Richard Bernstein sees trouble for emerging markets, commodities and gold, particularly China.
Read more: 5 money moves one China basher is making now.

Pick dividend-paying stocks carefully

Everybody loves a healthy dividend-paying stock, but investors need to assess companies carefully to make sure the payout is likely to continue. That includes looking at the company's free-cash-flow yield.
Read more: Pick dividend-paying stocks carefully.

No more free lunch for commodities investors

Mutual-fund investors who decided a year ago or more to take a chance on commodities funds have found out recently what all the warnings and danger signs were about. The question is how they intend to deal with it.
Read more: No more free lunch for commodities investors.