Ignore This Post

I'm just posting so that November 2012 won't be a blank month for this blog. That's all. Ciao.

Queen Victoria 1000 bond

Bond buyers are now looking for Potosi and Queen Victoria bonds. If you are an interested broker - someone who knows someone who has the bond - forget about making any deals. Once you put the main parties in touch with each other, you will be cut out of the deal. Buyers (and sellers) don't like paying more than one person on each side. Do not believe anything that anyone tells you about getting part of a healthy commission. You will NEVER be paid. There are a hundred excuses being thrown out that will justify the buyer and seller cutting you out. They will also just flat out lie to you. Do not waste your time on this. The business is great but the honest players are non-existent - there are NO honest buyers or sellers out there. Sorry. 

Black Eagle bond 27500

So, the much-sought-after Black Eagle, so-called 27500, Mexican bond is again in high demand. I know it's not easy to find and many who claim to own it do not. They may have paperwork which they copy over and over again but that proves nothing. The due diligence required to process such a bond includes a search of data bases which tell the whole story. It's like doing a title search on a property. Remember that. Photos alone tell only a small part of what's necessary. On the other hand, if you are a seller, be wary of any buyers who claim they can close quickly. The process usually takes more than two months. Anxious brokers say you can close in four days. I have never seen that and I never will. I know better. Most buyers may have down payment money to make purchases but they often have to borrow the capital needed to actually close. Or, they may need to set up joint ventures to secure the money needed to close. Those things take a lot of time. In the meantime, your bond gets tied up for many weeks. Most buyers are borderline dishonest, if not outright dishonest - much worse than used car salesmen. Beware. Most brokers who have somehow found sellers have often come away discouraged with what they have encountered and still, they try to put deals together. Unless you have a great sense of humor and can absorb the absurdity of the entire bond dealing scenario with a good attitude, stay away because you will only end up frustrated and disillusioned. Enjoy whatever it is you do and count your blessings. Things could always be worse. 

Explosion in Venezuela

There may have been an explosion at a large Venezuelan refinery a few minutes ago. This may be a developing story and you won't read about it - if it's true - until tomorrow. That is all I know. 

Irma Driggers

Some time ago, Irma Driggers asked me for a painting I had done. It was a nice painting of a violin which I was very fond of so I hesitated but, I eventually gave in and gave it to her. She was very insistent and persuasive. I think you know what I mean. However, I took a picture of it and I have posted it on the internet. It is entitled Guarnerius. If I ever become a famous painter, it might then be worth a lot of money - maybe even more than $500. Nevertheless, it is extremely unlikely that I will ever be a well-known painter.  Anyway, as far as Irma Driggers is concerned, the painting does have sentimental value. I think she still has it. 

Comments

Very, very, very few people make comments on my blog. Very few. The reason for that? On average, about one tenth of one percent of readers make comments on other blogs. I have done the math. On this blog though, the ratio of commenters to readers is much, much, much lower. The reason: maybe it's too much trouble; maybe people don't have anything to say; maybe the blog does not stimulate anyone to contribute any comments; maybe the blog is boring and does not merit the time of day; maybe readers are afraid of me; maybe the blog is not read by anybody. The last reason is the most likely. There are almost ten billion people alive at this very moment - I'm lucky to get four of them to read my posts. So be it - that does not bother me one bit. I actually enjoy talking to myself. 

Proof of Funds

In many businesses, one must show proof of product before the buyer produces proof of funds when he is asked to do so. If your buyer hesitates, just walk away. Someone who cannot produce proof of funds after you have shown him what you're selling, has NO funds. Even if he is being financed, he MUST show proof of funds. Period.