It’s time for Jaamal Berry to leave the Ohio State football program. Not for a couple days, games, or weeks. He needs to go. Permanently. After being charged for assault, battery and disorderly conduct Wednesday, based on an Oct. 21 incident in Columbus, Berry was suspended from the team. But head coach Luke Fickell needs to set a precedent for the post-Jim Tressel era of football at OSU and kick Berry off the team. This isn’t Berry’s first run-in with the law. He was allegedly involved in another assault as recently as Sept. 28 and was arrested for marijuana possession before even enrolling at OSU. The bottom line is he can’t stay out of trouble. I’m all for second chances. Young adults are going to make mistakes, but at some point somebody needs to draw the line. And the line at OSU should be a little stricter than at other schools because of everything the program has been through. With Tat-gate and all the ensuing insanity it caused for the program, OSU has had enough negative headlines for a lifetime. Berry and any other distractions just add fuel to the already negative image OSU has attached itself to. OSU has always portrayed itself as a program of integrity. Ever since Woody Hayes, OSU football was at least perceived as a program that won and won the right way. The mentality has been a core facet in OSU’s success ever since. It brought in talented recruits and created a product people wanted to cheer for. Tressel carried on the image, but with his tumultuous exit, that image was destroyed. Now the program is in a transition period. It’s up to Fickell to rebuild the image and restore the luster of the program. By kicking Berry off the team, Fickell takes the first step in the rebuilding process. He tells the rest of the college football world that OSU will not stand for bad behavior and actions that embarrass the program and compromise what it represents. But more important than telling everyone else, Fickell would be sending a message to his team. The sturdiest structures are solid at their foundation and the foundation of a football team will always be the football players. If Fickell can send a message to the most fundamental level of the program, the larger and more complicated matters will take care of themselves. I’m sure it’s difficult to look a kid in the eye and tell him he’s no longer wanted. You’re about to change the player’s entire life, but playing football for the Buckeyes is a privilege. It sounds cliché, but there are hundreds of other athletes who would love the opportunity to run out of the scarlet tunnel into Ohio Stadium on a fall Saturday afternoon. If someone compromises their opportunity, not just once, but multiple times, that player obviously doesn’t value it and should be dismissed. Suspending Berry from the team was a good first step and makes sense legally, but Fickell needs to finish the job and show Berry out.
Here’s a chart that Washington state reader S.A. shamelessly ripped from a Zero Hedge piece yesterday—and I thought I’d offer it with no comment. I was amazed by the big withdrawal from SLV yesterday The gold price chopped sideways in a five dollar price range up until shortly before 1 p.m. GMT in London on their Thursday. Then, in a minute or so, the price got sold down about six bucks, before rallying strongly after that. The rally got capped less than an hour later at 8:30 a.m. in New York. From there, gold traded sideways until about noon—and at that point it developed a slightly positive price bias, which really developed some legs at 2:30 p.m. in the thinly-traded New York Access Market. That rally lasted until just about 4 p.m. EST—gold’s high of the day—and then the price didn’t do much after that going into the electronic close. The CME Group recorded the low and high ticks as $1,307.10 and $1,325.30 in the April contract. Gold finished the Thursday session in New York at $1,323.00 spot, up $12.10 from Wednesday. Volume, net of February and March, was very decent at 144,000 contracts. The silver price had much more of a roller coaster ride in Far East and morning trading in London—but after the sell-off just before 1 p.m. GMT in London, the silver price action followed the gold price action like a shadow, including the rally in the thinly-traded electronic market after the Comex close—and silver’s high price tick of the day just before 4 p.m. EST. The low and high prices were reported as $21.515 and $21.90 in the March contract. Silver finished the Thursday session at $21.82 spot, up 28.5 cents from Wednesday’s close. Net volume was less than on Wednesday, but a still very decent 32,500 contracts. Here’s the New York Spot Silver [Bid] chart for yesterday—and as I said, it looks almost identical to the spot gold chart posted above. After getting sold down early in Far East trading on their Thursday, both platinum and palladium rallied to finish in the green, but only by a few dollars each. Here are the charts. The gold stocks rallied right from the open, with a big chunk of the gains in by the London p.m. gold fix. After that, the stocks rallied continued to rally higher, but at a much more modest rate. Then, when gold had its rally in the thinly-traded electronic market after the Comex close, the shares rallied a bit more—and the HUI finished up 3.89%—virtually on its high of the day, gaining back all of Wednesday’s losses and a bit more. I was impressed. The silver equities rallied right from the open as well—and most of their gains were in by precisely 11 a.m. EST. After that they traded sideways, but caught a bit of a tail wind as well when silver rallied in after hours trading in New York before the equity markets closed. Nick Laird’s Intraday Silver Sentiment Index closed up 4.03%—not gaining back everything it lost on Wednesday, but pretty close. Skyharbour Resources (TSX-V: SYH) is a uranium exploration company and a member of the Western Athabasca Syndicate which controls a large, geologically prospective land package consisting of five properties (709,513 acres) in the Athabasca Basin of Saskatchewan. The properties are strategically located to the north, south, east and west of Fission Uranium’s (TSX-V: FCU) Patterson Lake South (“PLS”) recent high grade uranium discovery on the western flank of the Athabasca Basin. $6,000,000 in combined exploration expenditures over the next two years is planned on these properties, $5,000,000 of which is being funded by the three partner companies. Numerous high-potential drill targets have been identified with drilling to start in March, 2014. The Company has recently acquired a 60% interest in the Mann Lake Uranium Project on the east side of the Basin strategically located 25km southwest of Cameco’s McArthur River Mine. The ground adjacent to this property is Cameco’s Mann Lake Joint Venture where an aggressive 13,000 metre, 18-hole drill program is about to commence and previous grades of up to 7.12% uranium have been intersected in drilling. The Company has 43.6 million shares outstanding with insiders owning over 25% of the outstanding shares. Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions. Please visit our website to learn more about the company and request information.