OSU then-redshirt sophomore J.T. Barrett (16) carries the ball against Michigan on Nov. 28. OSU won, 42-13. Credit: Lantern File PhotoThe turnover of the roster from 2015 to 2016 has been the sweeping storyline in the offseason for Ohio State’s football team. Despite new faces bound to hit the field come September for coach Urban Meyer, three returning starters are receiving preseason notoriety.Redshirt junior quarterback J.T. Barrett, junior linebacker Raekwon McMillan and redshirt junior defensive lineman Tyquan Lewis were named to offensive and defensive player of the year watch lists, respectively.Barrett was named to the preseason Maxwell Award watch list. The Maxwell Award honors the nation’s player of the year and often is a predictor for the winner of the Heisman Trophy.Former Alabama running back Derrick Henry went on to win the Maxwell and the Heisman Trophy last year. Eddie George was the last Buckeye to win the award in 1995, who also won the Heisman.This is Barrett’s second nomination for the watch list in consecutive years. He was joined by former Buckeyes Ezekiel Elliott, Cardale Jones and Braxton Miller on last year’s preseason watch list. Barrett was the backup quarterback behind current Buffalo Bill Cardale Jones to start the 2015 season. Following the victory over Penn State on Oct. 17, Barrett was named the starting quarterback. The 2014 National Freshman of the Year and Big Ten quarterback of the year threw for 992 yards, 11 touchdowns and four interceptions in 2015. He also ran for 682 yards on 115 attempts.McMillan and Lewis were named to the watch list for the Bednarik Award which is given to the nation’s defensive player of the year. OSU also had two players on the 2015 Bednarik watch list with former defensive end Joey Bosa and linebacker Joshua Perry. OSU has never had a Bednarik Award winner.As first-year starters last season, McMillan and Lewis both impressed along side the NFL talent on those units. McMillan will be expected to be the leader for the Scarlet and Gray linebackers in 2016 as the only returning starter from the year before. The Georgia native led the Buckeyes with 119 total tackles contributing four tackles for loss and 1.5 sacks.Lewis quietly made his presence felt on the same line as No. 3 overall pick Joey Bosa and fourth-round selection Adolphus Washington. Lewis led the defensive line with 54 total tackles, second behind Bosa with 14 tackles for loss and led with eight sacks in 2015.The Buckeyes begin the 2016 season on Sept. 3 at noon versus the Bowling Green Falcons.
For five Ohio State divers, The week of Feb. 1 through 8 was full of trials.OSU’s men and women divers competed in the 2010 USA Diving Winter Nationals and World Cup Team Trials starting Feb. 1 in the McCorkle Aquatic Pavilion.From preliminary to semifinal to final events, the Buckeyes were constantly performing and refocusing for multiple events.USA Diving spokeswoman Jennifer Lowery said there are 10 titles at stake from the events. For the FINA World Cup Team, they will take the top two finishers from the individual 3-meter and individual 10-meter events, Lowery said.“So the winner is the national champion, and gets a spot on the World Cup Team, and second place gets an alternate,” Lowery said. “We’ll have a synchro trial in April to pick the two from those two events.”OSU senior Weston Wieser started off the week of trials in the men’s 1-meter preliminaries on Feb. 1. Wieser placed second with a 366.5.On Feb. 2, Wieser placed second in the men’s 3-meter preliminaries, but was eliminated in the quarterfinals on Feb. 4, placing 23rd.His last event, men’s 10-meter platform, started with quarterfinals Feb. 5 immediately followed by semifinals. Wieser came in fifth with a score of 418.80, just less than 15 points behind the fourth place.In the final round, Wieser’s first and final dive of the six rounds earned dive scores of 86.40. He came in fifth against competition like Olympic medalist David Boudia, who swept first place with just more than 116 points.OSU senior Ryan Jefferson also had a good showing, placing sixth in the preliminary round of men’s 3-meter springboard. The Wisconsin native placed ninth in the semifinals and finished ninth in finals with an 815.10.Feb. 4 marked the start of the week for OSU diver Katie Bell, who placed second in both women’s 10-meter platform preliminary/quarterfinals and semifinals. Bell, who won a U.S. national championship in August on the 10-meter platform, dove in two events on Feb. 6, placing third in the women’s 10-meter platform finals with an overall score of 670.85.Bell missed the spot on the FINA World Cup Team by 6.5 points, but qualifies for the U.S. Grand Prix Team that will compete May 6 through 9 in Fort Lauderdale, Fla., against divers from 20 nations.In the women’s 10-meter synchro final later that day, Bell did not place among the top two qualifying spots. The synchro event is similar to the individual dive, but two divers perform the same dive together and are judged on their technique and synchronization.Joining Bell in the women’s 10-meter platform was junior Kristen Asman, who went into finals ranked sixth from her semifinal dive on Feb. 4. The Columbus native scored a 529.55 with an average score of 49.81 to take ninth place in finals.Rounding it out for the Buckeyes was third-year Bianca Alvarez.Alvarez competed in the women’s 3-meter springboard preliminary/quarterfinals, semifinals and finals. She placed seventh in the finals, just less than 78 points shy of second place after a failed first dive.The Miami, Fla., native paired up with 17-year-old Loren Figueroa. This was the first time the two have competed as a pair in 3-meter synchro event.“We don’t have a lot of our skills the same; a lot of our techniques might be a little bit different,” Alvarez said after her 3-meter synchro event Sunday. So basically that’s one thing we need to work on, just trying to get together more.”Alvarez said because her partner doesn’t live in Columbus, Figueroa will have to fly to Columbus to practice with Alvarez to prepare for future competitions together.Paired together at a synchronized diving camp attracting the top divers from across the country, Alvarez said those that run the camp make the evaluation of which two divers look best together.“They told us that we did [look the best together], so we stuck with that,” Alvarez said. “We just tried it out here at nationals.”Lowery said Sunday that the experience overall was great watching the OSU divers make it all the way to the finals.“I think Ohio State did really well. I think everyone made finals on their event. There was a really good representation: top five, top six,” Lowery said. “Katie Bell was third, Wes [Wieser] just got fifth. A really strong showing by the Buckeyes.”
Redshirt-freshman quarterback J.T. Barrett (16) is carted away after suffering a right ankle fracture during the 4th quarter of a game against Michigan on Nov. 29 at Ohio Stadium. OSU won, 42-28. Credit: Chelsea Spears / Multimedia editorFor the second time in less than four months, the Ohio State football team will have to turn to its backup quarterback.Redshirt-freshman quarterback and Heisman candidate J.T. Barrett suffered a broken ankle during the second half of OSU’s 42-28 win over the Michigan Wolverines Saturday afternoon, forcing redshirt-sophomore Cardale Jones into action in The Game.Barrett is scheduled to have surgery Sunday, and will miss the remainder of the season.OSU co-offensive coordinator and quarterbacks coach Tom Herman said after the game he did not envision losing two possible Heisman candidates at the same position to injury in the same year.“I wouldn’t have asked for that,” he said. “This game is very crazy at times, throws you a lot of curveballs and you have to be able to adapt and adjust and I am sure we will be able to do that.”Senior tight end Jeff Heuerman, who was on the field when Barrett’s injury occurred, said, at first, he didn’t think the injury was severe.“I heard him yell, and I looked over…at first I thought he just got his bell rung (but) as soon as everyone got off of him, I just went over there and as soon as I saw his ankle…he (Barrett) didn’t realize it at first,” Heuerman said. “That is when I told him ‘you need to stay down for a second.’”With Barrett out for the season, Jones is set to make his first career start as a Buckeye next week in the Big Ten Championship Game.The Glenville High School product entered Saturday having attempted just 14 passes, eight of which were completed for 111 yards and two scores through the air.Jones finished the win over Michigan two for three on pass attempts for seven yards and added another 18 yards rushing on two carries.Herman said he was pleased with how Jones responded in such an intense atmosphere.“Great mentally. He missed the one pass to (redshirt-sophomore wide receiver Michael) Thomas, but mentally he was very in tune,” Herman said. “He keeps a headset on the entire game so he is in tuned to everything we are talking about. He is very engaged in everything that goes on in terms of in-between series adjustments, halftime adjustments, so he was ready to go.”OSU coach Urban Meyer said following the win that the Buckeyes will start preparing for the Big Ten Championship Game on Sunday, adding that the game plan won’t be adjusted that much with Jones at the helm.“We gotta go and we have a lot of confidence in the guy that’s going to be doing it, his name is Cardale Jones. He’s been here I think for 120 years,” Meyer said jokingly. “The good thing is they (Barrett and Jones) have a similar skill set and so it’s not like we’re going to have to drastically change things.”Sophomore safety Vonn Bell, who started the game with an interception on the second play from scrimmage, said the Buckeyes will continue to move forward with Barrett out.“We lost one of our soldiers today,” Bell said after the game. “Somebody has to pick up the rifle and keep on going.”Herman said after the game that although Barrett is out for the season, he does not want to discount the win over Michigan.“We are really, really happy for this team. You are happy for what we have accomplished in the regular season, you are happy to beat our rival at home and get a third pair of gold pants,” Herman said. “At the same time, your heart goes out to J.T. because he has not only meant so much to this team, but this team has meant so much to him and his growth as a young man. We will keep him involved as much as we can, and move forward.”Herman said that he believes the Buckeyes can still be successful with Jones, OSU’s third-string quarterback coming into the season.“The quarterback doesn’t have to win games for us anymore. The quarterback has to manage games, distribute the football and lead,” Herman said. “We have seen that throughout this season and so as long as he is mentally prepared…I have nothing but the utmost confidence that he (Jones) can get the job done because of what we have got around him.”One of those players will be sophomore running back Ezekiel Elliott, who rushed for 121 yards and two scores against Michigan Saturday on just 17 carries.Redshirt-sophomore quarterback Cardale Jones (12) carries the ball during a game against Michigan on Nov. 29 at Ohio Stadium. Jones replaced an injured redshirt-freshman quarterback J.T. Barrett in the fourth quarter of OSU’s 42-28 win. Credit: Mark Batke / Photo editorElliott said after the win that he believes Jones’ experience in the off-season will help him moving forward.“He got a lot of reps in the spring, he got plenty of reps this fall, I think he is ready,” Elliott said. “I don’t think there will be a drop-off.”As another one of the offensive weapons, Heuerman said he believes Herman will be able to coach Jones to success.“Coach Herman has obviously already been through this. Offensively man, we have a lot of talented guys that have played a lot of football this year. They are going to have to step up and make up for lost ground,” Heuerman said. “Cardale is an outstanding athlete, has a super strong arm. He can make the big plays we need to get this team rolling. We are going to have to rely on him, offensively and as a team.”The Buckeyes are set to travel to Indianapolis to take on Wisconsin in the Big Ten Championship Game Dec. 6. Kickoff is set for 8 p.m.
Darjeeling: It was Asha’s first ever tryst with Darjeeling that she had heard about from her father and grandfather, not quite the one that she was born and brought up in. Asha, a Class 9 student of a Hill school, was used to a Darjeeling where rallies, slogan shouting and bandhs were a daily affair. The days of unrest usually paved way for agitations marred with violence. But today, the scenario is very different. On Saturday, thousands of students along with people from all walks of life, took to the street with flags and cheered, sang and danced to celebrate the spirit of Darjeeling and the teams they support for the upcoming football World Cup. The frenzy gripped the Queen of Hills that was labeled as Darjeeling — the World Cup Town 2018 by the citizens. Also Read – Heavy rain hits traffic, flightsThough the world will ring in the football World Cup on June 14, Darjeeling kick started the frenzy on June 2 with a mega event organised by Darjeeling North Point School Alumni Association (DNPSAA,) along with various other organisations, NGOs and citizens of the region.”We are celebrating the spirit of Darjeeling along with our love for the game. We want people to know that Darjeeling is peaceful and the nicest place in the world. We want people from all over the world to visit Darjeeling,” stated Ajoy Edwards, Vice-President, DNPSAA. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedVeteran footballers, students from different Hill schools, locals and even tourists joined in the parade that went around Chowrasta and down Nehru Road to return to where it began. The marchers shouted slogans and danced to football-themed songs. The parade was led by footballer Nirmal Chettri of FC Goa.The town was decorated with separate team flags, roadside walls painted up and billboards put up giving the town which is witnessing a huge tourist onrush, a festive look. The day saw cheer-leading competitions, garage sales by Shanker Foundation; dance fiesta by Edith Wilkins Street Children’s Trust; bike and scooty rallies from Kurseong hosted by MARG; mountain bike rally; BMX stunts; cosplay, b-boying; face painting; nail art; hair do; musical performances and beat boxing. The bike rally from Darjeeling to Kurseong and back was a major attraction. Even women riding scootys, mountain bicycles were part of it. Aces — the Super Bike club from Siliguri also joined them. “I had heard from my father and grandfather that Darjeeling used to be the safest, most peaceful and cosmopolitan place in the country. It was a great place to live in. In the past, I had never seen anything to connect the town with such claims. However, today (Saturday) was different. Hope we get back all the goodness of good old Darjeeling soon,” said Asha. The award for the cheer leading competition was won by Gyanodaya Niketan School, Darjeeling. An award for best decorated area of the town (World Cup theme) was also announced. 10-year-old Pratham Thapa, an MTB rider, was also felicitated. “The event is not just about fun. It has an underlying cause. With the participation registration amount we will buy an ambulance for our project the Clinic on Wheels. This is an ambulance fitted with a mobile lab and ECG machine. The mobile clinic will visit far flung areas every week and provide medical test facilities to the marginalized at highly subsidized costs,” stated Deven Gurung, president, DNPSAA. The organisers also want to revive the golden era of football in the Hills including the famous Brigade of Gurkhas Gold Cup football tournaments.”Even back home celebrations have not yet commenced. Darjeeling has beaten us. I’m happy to see that England too has quite a fan following in Darjeeling,” stated Neil, a tourist from England.
June 29, 2001Arcosant Organics manager Adam Nordfors recently used the barn on the ranch to dry the many braids of garlic intended for sale at our own farmers’ market. [photo by Jennifer Thornton]
In This Issue… * Greeks decide to keep euro… * U.S. posts Monthly Budget Surplus! * JP Morgan throws a spanner… * Eric Sprott talks about manipulation… And, Now, Today’s Pfennig For Your Thoughts! Mini-Rally Is Reversed… Good day… And a Happy Friday to one and all! What a quick week! We have a Happy Hour planned tonight, so I can tell right from the starters blocks this morning that it’s going to be a Fantastico Friday! Next week I’ll be in Las Vegas… not my kind of city, but it is what it is, and I’ll be there to speak on two different days, so if you’re in the area, drop by, the MoneyShow is free! Well… that little mini-rally that a handful of currencies saw yesterday, faded overnight, and that handful of currencies are all back to the levels of Wednesday… UGH! The handful, in case you were wondering, included: Aussie dollar (A$), euro, Brazilian real, Norwegian krone, Swedish krona, Singapore dollar (S$), and a couple of others… Yesterday, we saw the U.S. Trade Deficit widen from $45.4 Billion in March to $51.88 Billion in April… It’s not all with China folks… the majority is with OPEC… remember, the price of Oil in April was well over $100 all month! We also saw the Initial Weekly Jobless Claims, which was flat VS the previous week at 367,000… The Continuing Claims remain a problem, folks… I know I talked yesterday about jobs, etc. and I received a few emails from very disgruntled folks, that have been looking for jobs, and don’t believe there are any out there to be found… That brings me to the thing that I’ve said since 2008… that a lot of the jobs that were lost were not going to come back… and the jobs that did open up, were going to be completely different, than what the unemployed person was trained to do… I’m not insensitive to this, folks… I just tried to get it out there a few years ago, so that people could begin to make changes… OK… so, did you see that the Monthly Budget Statement, which had been a deficit each and every month for so long that I had begun to call it the Monthly Budget Deficit, actually stopped the bleeding in April? The Gov’t posted a $59.1 Billion surplus in April… WOW! OK… hold on a minute there, Tim… Isn’t April the month that all taxes owed are collected? (for the most part any way) the key here is to see where this balance goes the next couple of months… My bet is that it will go right back to the monster deficits that were seen every month prior to April… Today, we’ll see wholesale inflation (PPI) for April, and the U of Michigan Confidence index… Overnight, we heard that the Greeks were having second thoughts about electing an anti-euro government, and now it appears that the government that will be elected will keep the euro, no questions asked… That’s nice of them! Obviously, calmer, smarter heads prevailed here, because I don’t believe that the Greeks want to see what life is like for them outside of the euro! Euro traders are kind of lost between two lovers here. They just can’t figure out whether they want Greece to leave a stay… Should I stay or should I go now, If I go there will be trouble, and if I stay it will be double… The Aussie dollar (A$) had climbed back above $1.01 yesterday, but is right back to Wednesday’s level of $1.0050 this morning… losing ½-cent overnight… The other day, I talked about the forecast Aussie Budget Surplus for next year… Well, while that would be great for them should they achieve that surplus, it won’t really be known if that’s going to be a reality until September… I also told you a couple of weeks ago, that I thought it was bond buyers of Aussie Gov’t Bonds (ACGB’s) were behind the resiliency of the A$ in the face of a rate cut… Of course back then, I thought that the Reserve Bank of Australia (RBA) was only going to cut 25 basis points, and the surprised the markets with a 50 basis point rate cut… That severely inhibited the resiliency of the A$… And I talked about how it is believed that if Australia does achieve a Budget Surplus that the supply of ACGB’s would drop by a large margin… So, if that’s true, that underpinning that the A$ enjoyed from bond buyers, would be damaged… But, as I told a small group the other day… “Even if the A$ falls to 95-cents, it’s still a strong currency, just 10 years ago it was trading around 50-cents…” As far as today’s prospects for a Risk On Day go… I think the chance are slim and none, and Slim left town… All the overnight bourses are down, and U.S. stock futures are down… Everyone is running for the hills after a story in the Wall Street Journal hit the streets last night… According to the WSJ report, “J.P. Morgan Chase has taken $2 billion in trading losses in the past six weeks and could face an additional $1 billion in second-quarter losses due to market volatility” – WSJ Most of you all know how I would have reacted to this report in “the old days”… So, this is your chance to “be like Chuck”… and give me your version of what Chuck would have said in the old days… (you don’t really have to send it to me, unless you think you have really nailed it!) I think I’ll talk about Silver now (wink, wink)… Did you see that China had introduced Silver Futures Contracts that will trade in renminbi / yuan, on the Shanghai Futures Exchange? The contracts will not be allowed to fluctuate more than 7% per day… I have to wonder how the Chinese are going to take seeing the price of Silver brought down in after hours trading… And did you know that China is now the world’s leading producer of Silver? No, it’s not Mexico, and no it’s not Peru… It’s China… And that’s good, because China is the world’s second leading consumer of Silver behind the U.S. Have you been following the news on Scotland contemplating leaving the U.K.? That would be a HUGE blow to the U.K., not only prestige wise, but monetarily… Scotland’s economy is second in contribution to the U.K. economy, coming behind the Southeast part of England… The pound sterling, which has defied gravity recently, is beginning to feel the weight of doing a double dip in the recession pool, and everything else that’s going on badly there… like this morning they reported that March Construction output was very disappointing, which points to a downward revision to 1st QTR GDP, that already showed that the U.K. economy was going for a double dip… Gold enjoyed a day in the sun yesterday, but it’s raining on the shiny metal again this morning… It seems that we’ve returned to the days around 2008 and early 2009, where the dollar is rewarded with bad data… Dollar Bugs will tell you that this is how it should be, as the only true safe haven is the U.S. dollar, and Treasuries. I want to hit these dollar bugs over the head with a Gold Bar! Maybe then they would find the true safe haven! Speaking of Gold… I did some math about a year ago and ran it here, and with all the talk about the U.S. paying off its debts by selling its Gold holdings, I thought it best to pull this back out…There are 5,046 tons of gold at Fort KnoxThere are 7,716 tons of gold at Fed NY Total = 12,762 tons… there are 32,000 ounces in a ton, 12,762 tons x 32,000 = 408,384,000 x $1,590 (price of Gold) = $649,330,560,000 Sorry… but $650 Billion doesn’t even pay for the stimulus that was thrown at us a couple of years ago! But… if the price of Gold were to be pushed up to, let’s say, $5,000… Then we would be talking about making some inroads to the debt! And if the price were pushed to $10,000, then we’re getting somewhere, but… we would still be left with a very large national debt… You see that’s the problem with deficit spending… at some point, the numbers become so HUGE that you can’t make a difference in total unless you come in with both guns blazing! And then keep those guns blazing! Doing one-off corrections, are only chinks in the armor… For long time readers… do you remember a few years ago, when I tried to show the knuckleheads at CNBC that the markets were being manipulated in the afterhours trading, and they laughed and told me to take the story to Hollywood? Well… CNBC has come a long way, I guess, for they allowed Eric Sprott to talk freely about manipulation the other day… Of course maybe not that long a way, as I wanted to include the link to the video here, but it’s not working… and the folks at CNBC did attempt to ridicule him…. But he would have none of it! Maybe CNBC will have it fixed later, just Google Eric Sprott at CNBC, and look for the most recent video.. Anyway, Eric Sprott, Ted Butler, and others, including me, have done our best to inform the public of what’s going on… Maybe one day, We The People will get the message… and exercise our right to contact our representatives and discuss this with them… Then There Was This… I saw this on Reuters… “Financial advisers increasingly warn that U.S. Treasury bonds are close to a bubble and suggest that clients look elsewhere for stable and safe returns. Alternatives recommended include investment-grade corporate and emerging-market bonds, master limited partnerships and preferred stocks.” Chuck again… Hmmm… I liked that they had finally come around to noticing the Treasury bubble, but nowhere on their list of alternatives did I see Gold? To recap… the mini-rally in a handful of currencies yesterday, was wiped out in the overnight markets, and the currencies and Gold are back to Wednesday’s levels. The Greeks agree to elect a government that keeps Greece in the euro. The U.S. posted a monthly surplus for the first time a very long time in April, but then tax collections are made in April, one would think that if they can’t book a surplus in April, when could they? And JP Morgan has really thrown a spanner in the works for a Risk On Day, with their aftermarket announcement yesterday…Currencies today 5/11/12… American Style: A$ $1.0040, kiwi .7845, C$ .9950, euro 1.2935, sterling 1.6110, Swiss $ 1.0770, … European Style: rand 8.1150, krone 5.8650, SEK 6.9550, forint 224.20, zloty 3.2815, koruna 19.52, RUB 30.15, yen 80, sing 1.2520, HKD 7.7650, INR 52.64, China 6.31, pesos 13.54, BRL 1.9530, Dollar Index 80.25, Oil $96, 10-year 1.85%, Silver $28.66, and Gold… $1,582.70That’s it for today… Well… Let’s see… today we will celebrate two birthdays on the trading desk, Lori/ Gidget and Aaron will see their birthdays this Sunday… So Happy Birthday Gidget & Aaron! Sunday, of course, is Mother’s Day… This is a day when I truly miss my mom… and not the mom that was devastated by MS later in life… the mom that would come downstairs and listen to me play the guitar. She loved it when the band got together to play in the basement, and most of all, she was always there for me, and sometimes I didn’t deserve to be “there for”, but that didn’t stop her… So, if your mom is around, give her a great big bear hug, and tell her you love her! OK… time to get this out the door… you’ve been a lovely audience, thank you for reading the Pfennig… I was here all week, I hope you tried the veal! Talk to you next week from Las Vegas… now go out and have a Fantastico Friday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.com