Summer/ Spring fresh colours + current nails

Oh man I wish I had a name idea before I start doing my makeup, but as I choose the colours as I was doing it, it makes it harder to come up with names.
Onto the makeup.. I was not so happy with the crease but ya get that. I wanted to something bit brighter then lately but still simple at the same time, so I kept the lower lash line free of colour (except for a tiny bit that I didn't mean to get there haha).

Products:
Madd Minerals E/S in Snot Face (lol) for the 1st half of the lid, the rest of the colours are from the 120 palette.
Liner is Nyx Black Bean Jumbo pencil as always

Cheeks I *think* is Nyx Peach, & damn I wish I could remember what I used on the lips (I'm going to make it mandatory to take pics so I remember goddamn it!).
For that extra glow I'm pretty sure I used Mac's Strobe Cream (but its whatever works for you!)

Thanks for looking at this boring, predictable post!! ahah

x x

oopsies almost forgot to include pics of my nails

Sally Hansen Xtreme wear in white as a base, O.P.I Black Shatter, Sally Hansen Pink Shatter, O.P.I Silver shatter. It doesn't look very good when it starts to chip, though!!

How to: Cream Contouring & Highlighing

I like to do contour & highlight for a put together look especially for a night out & it adds a lot of dimension to your face, especially since I feel like I have no cheekbones. I used to only do it with powders but I find that doing it with cream concealers that are a few shades darker/ lighter than your skin tone help it look more polished plus you can still set it with the powders on top.

I like this coastal scents palette for this as it has some shades that I would never use except for in a kit. This is brand new as you can see but I'm still finishing my old one haha.

I'm only going to contour my nose & cheeks but here is an in depth chart if you want to go all out, however I would advice to stick to the face unless your in a photoshoot haha.

Contouring:

Make sure you've applied your foundation with no powder first. I've applied the cream to my cheeks & nose using a concealer brush. Ignore that it's not completely even haha. I've only done the tip of my nose because I think that's what needs refining. You can also see that it is a loott darker than my skin tone but I blend a lot of it away so it doesn't look unnatural.

Now you will want to blend it good! I use the foundation end of my beauty of essence brush to blend all my concealer. It is best to blend the outside of the lines outwards but not blend it completely away.

& that's it blended out. Apply more & blend again if you need to.

Highlighting:

I use the lightest colour in that concealer palette to highlight. You will want to apply it to the features you want to bring out, as shown in the face chart. I've only applied to the tops of my cheek bones (although you can't see it haha), the bridge of my nose & my cupids bow. & Then blend it in again, I use my fingers to blend this part.

So here I have gone over the top of my contour with Nyx Taupe blush, you will need to use something with no shimmer in it otherwise it will bring those parts back out. Alternatively you can just just translucent powder to set. For the highlighter I used Nyx White Pearl eyeshadow or you can leave it for a dewy look. I have also applied my blush & lipstick.

I hope this is useful, especially to any beginners out there! Don't forget makeup is about enhancing your look, & at the end of the day it can be washed off :)

Open Forum

Inconsistent nonsense

Worth reading this response by Victor the Cleaner in FOFOA comments to this question: "At the moment, in order to influence the Gold price downwards, all that needs to be done by the authorities in LBMA and COMEX, is to raise the margin requirements."

This is complete and utter nonsense.

LBMA is a trade association and not an exchange and as such does not set any 'margin requirement'. The LBMA member firms are typically those banks and other financial institutions that trade gold and silver OTC in London, but non-members around the world also trade OTC with these institutions.

When Newmont has some trucks on the road on the way to the refiner, they might want to sell that gold immediately to eliminate any further price volatility from their accounts, and so they might phone JPM and sell that stuff forward. None of the two counterparties is a speculator here. Newmont does have the real stuff, and JPM does have the cash. So even if they would require collateral, this would not influence the price.

Yes, there are probably some raw recruits who follow websites such as TF and who trade COMEX futures in under-capitalized accounts. Yes, CME occasionally raises the margin. Yes, they may just be checking who is the under-capitalized novice and who really has the cash in order to purchase the gold for the contracts they hold. Yes, they may just rip off the clueless novice for fun (and money). But to think this would set the spot price of gold is quite a hubris.

The OTC market is ten times bigger than COMEX, and so it pushes COMEX around in a way that most COMEX-fixated goldbugs don't understand.

If you want to keep gold cheap in the long run, you need to create a huge volume of gold loans, expand the 'money supply'. If you want to manage the price of gold intra-day (and yes, there is indeed statistical evidence for this), you need to sell a lot of gold at spot in a short period of time. But you can do this only if you are a credible financial institution and only as long as you can hand over the allocated whenever your counterparties request it. So you need to understand extremely well what you are doing and how much physical per paper you need to be able to show. Hiking the COMEX margin is a side show.

What I find rather disappointing is the extremely poor quality of the discussion that is presented on the typical precious metal websites. This is financial product pushing of the same quality as pre-1999 when they IPO'd the companies that sell dog-food online.

Here are FOFOA, people discuss a very good reason for owning gold. For some reason, the mainstream goldbug websites totally ignore the good reason and push gold with inconsistent nonsense instead.

Why is that? Want to scalp PSLV? Want to create a mania, sell them financial products (including GoldMoney which is no longer 'money' by the way) and then when the big blackout comes, grab the gold for cheap from those who sell in panic because they never understood why they owned it in the first place? Very sad. And when the Financial Times calls the goldbugs confused idiots, sadly, there is even some truth in this statement.

If Victor keeps this up I'll be out of a blogging job.

Aussie Pride... Nail art on my toes :)

I'm getting all prepared for Australia Day, which is on the 26th this month. I can't wait to spend all day in the pool and have a barbie & a few drinks! hehe.
I know there's a few aussie's on here, but for those who are not, Australia Day is usually spend by going to the beach, having a bbq or meat pies, playing backyard or beach cricket & drinking! haha.

Anyhoo, I was mucking around with my nail polish & thought heyy why not copy the flag onto my toe nails! haha, its much easier than doing it on my finger nails :P Beware if you do not like to look at toes up close.

Sorry that it looks quite messy, it looks a lot better from a distance for sure.

No Flash

Products:

The Rubi nail polish (base colour) is quite cheap & nasty, I purchased it from Cotton On but its the only colour like that I have, The red is Nicole By O.P.I OMB (Justin Bieber collection), the white & blue sparkle nail polishs are both from Phuket & the Sally Hansen X-treme wear in clear is for the top coat. I also used a dotting tool from ebay for the red parts of the flag.

And of course, the flag.

Thanks for looking! <3 To all the Aussies out there happy Australia Day!

Yonder ...thur be DRAGONS!!

Survivor Bias and TBTF Tyranny

London Banker "has been a central banker and securities markets regulator during a varied and interesting career in global financial markets" and is a very credible commentator IMO. From his latest:

"Perhaps gold is being used as collateral for margin and cash liquidity, sold by counterparties to bring the price lower, leading to margin calls for even more. A crisis arising from a major default (Greece, Portugal, a huge bank) would force the price lower still, when the collateral would be exercised on default. Following on, the price might rocket again to enable the conspirators to seize outsize profits. Just a scenario, mind you! (Although, I note that Lehman's counterparties reported record profits through much of 2009.)

What is left of the global markets becomes a game of engineered survivor bias. Only those operating outside the law and with unlimited regulatory forbearance can win while the rest of us lose."

Some may remember my comments on FOFOA blog about how "Bullion banks are like spiders in the center of a web. They can feel the twitching of the flies in the web and determine the mood of the market better than anyone else and often in advance of others."

London Banker again: "Their top down view of clients' trading and custody portfolios and cash positions and flows puts them in a position to exercise tyranny. They can game their clients, taking advantage of superior information, credit and liquidity to ramp or crash targeted markets as needed to precipitate a crisis."

In other words, it is not just about avoiding debt (or its variant, leverage/derivatives) but also avoiding having most of your positions and trading with one bank.

Reading this stuff makes me comfortable that the Perth Mint will be one of the few left standing after all this is over. We don't engage in speculative trading/risk taking and the AAA rating means we don't have to beg and put up collateral with banks to be able to do the covering trades and other transactions necessary to keep the business running.

In the coming flight from risk, it won't just be about moving to cash (and hopefully many moving to precious metals), but it will also be about a flight to riskless/conservative counterparties. The problem for those looking to store precious metals is that at that point the Perth Mint is likely to run out of capacity - both in physical storage and also insurance (as we fully insure - few others do). All that will be left then is personal storage, which won't be a problem for those with small holdings. But for those with multi-million dollar holdings it will be tough as there aren't many non-bank fully insured custodians.

The lesson is to prepare now, which I'm sure all my readers have, as it is going to get nasty.

Gold Scams

I've got a post up on the corporate site you will like about gold scams - hat tip Kid Dynamite for the lead story. I've included three real life examples of scam emails that the Perth Mint has received. You will (or won't) be surprised that it is not just average people fooled by this stuff - we have been contacted by suburban accountants and lawyers trying to facilitate a $100 million deal without pausing to think why a legitimate buyer wouldn't just come to us directly and save themselves a 1% commission.

Expert says: Money spent on gold is practically wasted

Regular readers of this blog know I watch reports from Vietnam as an indicator of how Governments deal with large flows of money out of fiat and into gold. Non-first world countries feel this more I think and thus they give us a view into the future as to how first world countries will respond when they get hit with a real loss of faith in the ability of fiat to hold value over time and/or a view that there are few productive investment opportunities in the economy.

This Mineweb article on India raising import taxes on gold and silver has some interesting quotes in this respect:

"...this hike will discourage imports ... that is what the government wants, since imports have made a huge dent in India's growth story and growth seems to be flagging"

"The shift away from financial savings to something which will just lie in lockers around the country could be a large contributing factor to lower growth..."

"Another expert with a nationalised bank pointed out that money locked up in the yellow metal effectively disappears from the economy to become jewellery or sits idle in cupboards and bank lockers."

"Money spent on gold is practically wasted and it is also excluded from the financial intermediation system. Imports needed to be curbed."

"The massive jump in gold imports has also led to an increase in current account deficit."

No surprise that most of this plays on the "gold is useless" meme. In actual fact I agree with that. One's savings are better invested in productive businesses and entrepreneurs rather than an inert metal.

However, what the financiers, technocrats and politicians don't get is that movements into gold are a clear signal or vote by savers that the economy is crap. The solution is not to block the signal, but to solve the underlying problem. Actually the way to solve it is to get out of the way and stop fiddling with the economy but that would put them out of a job I suppose.

What these guys are doing is taking painkillers so the pain in their chest won't bother them. Then they'll all be surprised when they get a heart attack. Indeed, money flowing into gold is painful. That's the point.

The Gold Must Flow

Wedding makeup

As a guest, not to my own wedding haha, I just couldn't think of any other title :)Was a good afternoon/ night, got a little merry with the champagne :)

In case you're wondering, this is my 'getting ready' shirt haha

I'm sorry that its hard to see the makeup, I didn't have much time for close up shots!

Before I let my hair out.. I curled it with a small curling iron & pinned it to my head.. it took forever to get the pins out! haha. Also I like this pic coz it shows my contouring :)

Products

Sleek Storm palette.... darkest pink; applied wet on the lid.

 Light pink from the same palette in the crease along with some gold e/s.

A little bit of Satin Taupe in the outer crease.

 Nyx JEP in Slate on the outer corner, with a black e/s over the top.

Black Bean JEP for eyeliner, mascara & a few single false lashes.

Cheeks: Contoured with a darker concealer, with Nyx Taupe blush over the top.

Nars Orgasm on the apple, highlighted with Mac Strobe Cream & topped with Nyx White Pearl.

Lips: Revlon Nude Attitude l/s topped with Nyx Iris l/s

& a pic of my boy & I at the reception.

Thanks for looking sweethearts <3

Emotions, Premiums and Backwardation

Good interview between Jeff Lewis (silver-coin-investor.com) and Grant Williams (vulpesinvest.com). Grant makes a very good point on emotions influencing how events are interpreted (my emphasis):

" It’s important to try and keep a sense of balance because the way things trade, particularly in silver, it’s easy to get fixated upon an idea and to blame every move on that particular idea. In the case of silver, the big theory about silver is the manipulation of the COMEX futures. ... It’s a dangerous game to sort of ascribe every single move in an instrument to a construct that has yet to be proven beyond any doubt. While I suspect there is definitely something untoward going on the silver futures as Bart Chilton has intimated in his comments this past year. I think it’s a very dangerous game to not have a balance, to just simply look at the way markets behave, look at the extraneous events that may have an effect and cause the de-leveraging or liquidation and to try and get a more rounded picture of why something moves now."

Later he says what the extraneous event was:

"I think a lot of that downdraft we saw in both gold and silver going into year end, was just people who are having to raise cash and selling the thing that they had a little bit of profit built into. Now, once they start going down, the shorts are going to press that; and so these falls get a lot more vicious than perhaps they would be in just an orderly market where people were looking to sell a bit of precious metals to raise some cash for year end. But as I say, you have to try and take your emotions out of this thing."

Interesting here that Grant says that the initiator of the price drop was year end selling, which was further "pressed" by speculators. I made a similar point in this corporate post when talking about bullion banks being aware of falling Indian consumer demand. My point, and Grant's, is that not everything is a manipulation (as in being initiated by speculators) and sometimes speculators are just riding a physical market trend. Don't drink the Kool-Aid (or should that be "Silver-Aid") of the pumpers which blame every price drop on manipulation but who never question any price rise.

As Ted Butler says (my emphasis) "... when silver experienced two separate 35% price declines in a matter of days. Such a decline in a world commodity for no observable supply/demand reason is unprecedented and I would say impossible in a free market." Same applies when you have the London AM Silver Fix increasing 20.1% over 24 hours from $10.77 to $12.93 on 18 Sep 08 (note: I can't find two 35% price declines in London Fix data, Ted must be talking intra-day).

Some who has been drinking the Silver-Aid is Tyler Durden with the silly headline Physical Silver Surges To Record 30% Premium Over Spot, In Backwardation. Regrettably, it was picked up by Money Morning Australia (from whom I'd expect better), to which I left this comment:

"What that chart tells us is that PSLV is a closed end fund with some possible tax advantages with good marketing, hence the premium. In the real physical wholesale silver market which is not constrained by a limited number of shares, Perth Mint is not having any problem acquiring, or selling, silver at spot."

Tyler must be drinking a lot of Silver-Aid or desperate to alleviate the cognitive dissonance of a circa 25% increase in COMEX silver warehouse stocks since mid-2011 to claim that a stock exchange listed trust is as good as and representative of cold hard physical in your hand.

Further proof that Tyler is suffering is his conclusion that the backwardation discussed in Keith Weiner's appended article "means, although for those who like the punchline here it is, as above: shortage" when, if you read Keith's good article, he says at the bottom that (my emphasis) "In a normal commodity, backwardation means shortage. ... But in gold and silver it means something else entirely. People have the metal. But for whatever reason(s), they choose not to take this free money. In the silver market right now, trust is in short supply."

Why everyone thinks that Zero Hedge is a credible source when in this example (and I have others) he can't even understand that Keith is saying there isn't a shortage of metal, there is a shortage of trust. I covered this idea in the Gold Standard Institute's 2009 Canberra seminar - see this post on Degrees of Distrust.

I've left this comment on ZH, let's see what comes of it:

"Perth Mint does not incur any premium when it pulls physical out of London. Whoever is feeding you that is making a fool out of you. If you really are independent and after the truth, more than happy to chat with you anytime - you have access to my email in my profile."

There are plenty of good reasons to hold precious metals I don't know why people resort to this shortage and premiums meme - maybe it is just a simple idea easily understood and communicated compared to some more intellectually dense analysis of the market's supply/demand/stocks.

Anyway, to finish on a more upbeat tone, here is Grant again:

"... we are left with an awful lot of strong hands holding silver now. I’m here in Asia, the futures price is really more of an irrelevancy. Over here it’s all about physical metal both in gold and silver and so we see a lot of buying of physical metals here in Asia when the price comes down on the COMEX and we see premiums expand because it’s very tough to get delivery."

I focus on the base trend for precious metals and see it driven by increasing numbers of strong hands. The day-to-day volatility (down AND up) is driven by leveraged money of speculators and hedge funds and bullion bank prop desks. I'd suggest ignoring that volatility, otherwise you waste too much emotional energy stressing about it. Just buy your PMs (or dollar cost average in) and forget about it and relax. That's what insurance is for.

A bit of this, A bit of that....

Another huge collection of looks I didn't want to post separately. Some of these are quite old but I will have some newer ones to post together soonish. I wont list all the products but let me know if you have any questions :) Any feedback is welcome!
Neutrals

When I got the fake tan haha. Using mainly the sleek storm palette

Neutral mattes with pink lip which I think is Nyx Narcissus.

Shimmery Neutrals with Red Lip- Nyx Amsterdam

Browns

was meant to be Olivia Wilde- Inspired but didn't turn out like it, used the UD Naked palette.

28 neutral palette

 Simple/ Eyeliner

Gray look focusing on the liner

Lips is Rimmel Shocking Pink

Night Time/ Dramatic

Bright cut crease using the 120 palette

Ignore the lipstick up close haha, I think I used mainly Too Faced E/S Duo in Ohh & Ahh

Using Nyx glitter palette (the purple one) but using the gold & gray with dark blue eyeliner

Pink & Black Smoke

Purple from 120 palette, glitter is Nyx purple glitter & brown from the 28 neutral palette.

Wet n Wild Lust

Colours

Lips is BYS Coral Kiss, Blues from the 120 palette.

Lately I have been lovin using a lighter colour right in the middle of the lid, even if you can barely notice it.

I also used a lighter teal in the middle here.(120 palette)

Thanks for looking if you got through all of that! Sorry some of the pics went off to the side. I can finally move these files so they are not waiting in a folder to be put on here, haha :)

The Studebaker Effect

Reasons For Gold’s Weakness

I've got a post up on corporate site riffing of a recent Jeff Clark article on the same issue, adding in some comments on declining Indian demand and how the bullion banks would have played it. Click here to download the pdf article.

I'll be posting a bit more stuff on the corporate site from now on as I'm off a project I've been working on, so more time to focus on the commentary. You'll see from the pdf format I'll be writing under the Treasury department name. We are looking to beef up the commentary and analysis, maybe with a dedicated subsite under perthmint.com.au. More info to follow and will be interested in feedback and suggestions.

Testing

Helloo, just testing, please comment if this shows up in your feed! thanks :)

Party Like It's MTM Time

Gold The Most Explored Mineral Commodity

Got a post up on the corporate blog on how 50% of all money spent on non-fuel mineral exploration during the last 15 years was spent on gold exploration.

And from the "who can make the most dramatic price forecast" department comes The Possibility of $1,000 Silver before Hyperinflation. Has anyone made a higher call?

To save you reading the whole article, here is the key logic behind the headline:

"...with gold at this relatively conservative top of $10,000 - if silver is at its historic 16:1 average in relation to gold - silver will be $625 per ounce. We have also explained above how it is entirely possible for silver to overshoot this 16:1 average, which is normally what happens when a trend has been misaligned for such a long period of time. If silver does reach a 10 to 1 ratio as it has done before at different times throughout history, then we would be seeing a price of $1000 per ounce..."

I suppose when you start off with the assumption that $10,000 gold is "relatively conservative" then $1000 silver is not far behind.

The key "gotcha" is in the headline: "before Hyperinflation". That is not a situation in which you want to trade your silver for $1000 of soon to be worthless fiat.

All that glitters: Fancy dress for New Years Eve

I hope everyone had a fun & safe new years!! Where I am we don't get fireworks, but we had a spectacular lightning show! (it was fine that day until the arvo, how typical). So my new years attire was a bit different from normal as we attended a dress up party haha, and we were going to change before we went out but decided not to. Although we got a fair few comments while we were out lol!

 With my makeup I basically copied this look here (not that it got much love) Ah wells. Of course I had to add glitter to make it new years eve-y & I paired it with a red lipstick for my costume- If you can guess who I am!!

If you can't guess it, shame on you! I'm Snow White :D

 Haha I had quite a few people asking where my 7 dwarfs were.

 Products:
Eyes: Stila Kitten
Black Bean JEP
Nyx Gold Glitter
Black E/S
BYS False Eyelashes
I also used a few individual eyelashes on my lower lash line.

Cheeks: Fyrianne Intrigue Blush
All About Glo Bronzer

Lips: Nyx Matte Cream Lipstick in Amsterdam

New years nails

My SO & I, brownie points if you can guess what his costume is from!!

I hope everyone has had a good start to the year! & if you have made resolutions, to keep at them!!