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Day 1 wrap-upThe NT State Titles commenced last night with teams from all over the Territory making their way to Goodline Park in Palmerston, near Darwin. The Palmerston Raiders Rugby League Club ensured the fields were in immaculate condition for the event, which will see all round games held over two evenings (Thursday & Friday) in cooler conditions and Grand Finals to be played on Saturday.Round one tapped off and saw in the Women’s open Division Inferno Magpies open their account with a convincing 6-0 win over the Titans. While the Sharks managed a tough 7-6 win over a much-fancied Rebels side from Katherine.The Men’s Division saw a number of closely fought encounters with Alice Springs taking the win over the Inferno Magpies in what was a terrific show of speed and skill. The Rebels Men’s team from Katherine managed a 6-1 win over the Darwin Men’s side, while Sims Refrigeration put on a terrific display with a convincing win over the MacKillop Saints.In the Senior Mixed Division, Palmerston Magpies currently sit top of the ladder, while in the Under 18s, the Inferno Magpies are the current leaders.Games continue tonight from 6pm at Goodline Park, Palmerston. All results are available via the tournament website: http://websites.sportstg.com/assoc_page.cgi?c=14-920-0-532184-0&sID=213772
The No. 4 Ohio State wrestling team added two wins in Big Ten action after defeating both Michigan and Northwestern this weekend. The Buckeyes fell to Michigan in 14 consecutive matches from 1994-2007. However, the Buckeyes have turned the tables on the Wolverines, taking the past three matches.Friday night, the Buckeyes took a major decision over the Wolverines 29-9. Junior Nikko Triggas put the Buckeyes on the board early with a pin. Triggas is ranked No. 20 at 125 pounds. A California High School State Champion and three time state qualifier out of Moraga, Calif., Triggas had his support system in the crowd over the weekend.“I’ve got six family members here; they come out here twice a year to my matches,” Triggas said. They picked a great weekend to come out.In just under 3:00, Triggas had his second pin of the weekend on Sunday against Northwestern. “A pin against Michigan is always huge and to get a second one in the same weekend is great,” Triggas said. With 141 pins, he holds the record at Campolindo High School for most career pins.He’s working toward another school record with 12 pins on the season.“I’m climbing up the leaderboard for all-time in Ohio State. I have to get a few more to top the season off,” Triggas said.Coach Tom Ryan would like to see Triggas’ stamina improve during this training phase. “He’s really good on top and when you’re tired you’re not as good on top and on your feet, so there’s a lot of room for improvement,” Ryan said. Triggas likes the camaraderie and team aspect at the collegiate level, but admits he’s probably better at the Greco-Roman and freestyle. In 2008, he took two gold medals at the Pan American Championships in Junior Greco-Roman and freestyle events. He is just one of two wrestlers to win both events. As a Buckeye he is a two-time NCAA championship qualifier and led the team last season in falls and near falls. Ryan and Triggas have the same mentality: They all plan on going to the championships.After a 37-6 win over Northwestern, the Buckeyes are 16-1 overall and 5-0 in Big Ten conference action. The team heads to Illinois for another conference match on Friday at 8 p.m.
When Ohio State played at Iowa on Jan. 4, the Hawkeyes proved a much tougher test for the Buckeyes than expected. OSU trailed at halftime of that game before escaping with just a five-point win. The second time around, however, was much less dramatic. Led by senior David Lighty and 40 minutes of stifling defense, No. 1 OSU (19-0, 6-0 Big Ten) routed Iowa, 70-48, Wednesday. “It was our game plan to come in and play defense for 40 minutes,” Lighty said. “It’s something that we haven’t been doing lately and it’s something that we’ve been keying on. “This week in practice it was just preparing to play real Ohio State defense and I think we came out and did it today.” Lighty finished the game with 18 points and five rebounds and became just the third player in OSU history to record 1,000 points, 500 rebounds and 300 assists in his career. The only two other Buckeyes to accomplish the feat were Jim Jackson and Evan Turner. The first half began with senior Dallas Lauderdale scoring seven of the Buckeyes’ first 12 points. Lauderdale, who has struggled since the start of conference play nearly three weeks ago, hadn’t scored more than six points against any Big Ten team this season and had been held scoreless twice in the last five games before scoring nine points Wednesday. Lauderdale put in two dunks to go along with a three-point play in the first six minutes, giving OSU an early 12-4 lead. Although Lauderdale picked up his second foul with 10 minutes remaining in the half, coach Thad Matta said he was pleased with the way his starting center played on both ends of the floor. “I thought he was good,” Matta said. “He was active on the glass and picked up a couple fouls there in the first half, but that’s the level we need him at.” Early on in conference play, the Buckeyes had made a habit of getting big leads, only to squander them away down the stretch. In the second half against the Hawkeyes, however, OSU did no such thing. The Buckeyes led by as many as 23 before completing the 22-point victory, holding the Hawkeyes to their lowest point total of the season. “When we feel good about our defense, we’re a great team and it’s going to be even harder to beat us,” Lighty said. “We have so many weapons offensively, and when we tie our defense with that there’s really not too many holes that we have in our game.” Junior William Buford scored 15 points, and freshman Jared Sullinger scored 13 points and grabbed nine rebounds. Freshman Aaron Craft, who scored a career-high 19 points in the Buckeyes’ last game, scored just three points, but his defense suffocated the Hawkeyes all night. His seven steals were a tie for second most in a game in OSU history and the most for a freshman. “That’s a team stat,” Craft said. “Everyone is in the gaps, putting pressure on the ball and just putting indecision in the ball-handler’s mind. I just happened to get the stat tonight.” The Buckeyes’ 19-0 start is the best of any OSU team under Matta, and the school’s best since the 1961-62 Buckeyes began the season 22-0. OSU’s next matchup will be against the No. 23 Fighting Illini at noon Saturday in Champaign, Ill.
The NFL lockout is in full swing, but Ohio State alumnus LaMonte Coleman is working to keep football on the field in Marion, Ohio. Coleman played running back at Division II Slippery Rock University in Slippery Rock, Pa., from 1992–94, but left college to pursue a professional career with the Pittsburgh Steelers and several Arena Football League teams. After retiring from professional football in 2005, Coleman assumed the roles of CEO and general manager of the Continental Indoor Football League’s Marion Blue Racers — but not before he came to OSU to finish his undergraduate education. Coleman credits his managerial career to the bachelor’s degree in sports leadership and sports humanities he received from OSU. “My degree got me into it,” he said. “It gave me the opportunity to understand sports management as a whole, including contract law, exercise science; it all mixes into one.” Rodney Swanigan, coach for the defunct Marion Mayhem of CIFL, tried to talk Coleman into coaching. “I said no,” Coleman said, “but he needed somebody with experience to help develop some of these young athletes.” Shortly after Coleman accepted a position on Swanigan’s staff, the Mayhem folded. Coleman’s chance to put his degree to work, and continue a tradition of football in Marion, proved valuable. “I got to see how the business was run,” he said. “I started thinking about ownership, and the rest is history.” Coleman then created a company called Run 42 Sports Group. He owns the Blue Racers and the Columbus Bills, a flag football team. Former Bowling Green quarterback Josh Harris came out of retirement to play for the Blue Racers. Harris, who spent time in the NFL, Canadian Football League and Arena Football League, said Coleman is pointing the team in the right direction. “We have a great group of guys that we are playing with and a great group of administrators,” Harris said. “(LaMonte) is a smart guy. He is a visionary.” First-year coach Ryan Terry, who played college football at Miami (Ohio), agreed with Harris. “It’s been a blast,” Terry said. “(LaMonte) has shown great guidance. I have learned a lot of things as far as business savvy.” The Blue Racers are 8-1 with one game remaining in the regular season, and soon will prepare for the playoffs, which begin Monday. Coleman said he is confident he has the right people in place and that the Blue Racers should stay in Marion for a while. “We are all using our experiences to be leaders in our separate positions,” he said. “It is definitely a treat for me.”
Former Arsenal striker Nicklas Bendtner has dropped his appeal and will serve a 50-day prison sentence for assaulting a taxi driverBendtner was involved in an altercation in Copenhagen with a taxi driver in September.The 30-year-old and his girlfriend allegedly left the taxi without paying the £5 fare due to the driver’s directions.In retaliation, the driver threw an object at them which saw Bendtner then punch him and break his jaw.The Denmark international admitted to it but insisted he did it in self-defence.Euro 2020 qualifiers round up from group D George Patchias – September 5, 2019 In Euro 2020 qualifying group D, Denmark hit Gibraltar for six while Ireland and Switzerland played out a draw.The Danes made easy work of…Bendtner was handed a jail term and had been expected to appeal, but his lawyer announced he agreed with the attorney general in Copenhagen to drop it.“Even though he disagrees with the verdict, he would rather focus on his club and family,” Lawyer Anders Nemeth told BBC.The sentence will be served in Denmark under “intensive surveillance” with an electronic tag.A fine of 1,500 kroner (£179) fine will also be handed to Bendtner.The former Juventus player, who now plays for Rosenborg, will also miss the rest of the Norwegian league season – which finishes on November 24.
I’m not sure what to read into yesterday’s price action in Far East trading With the U.S. markets closed, the activity in Far East trading in all four precious metals came as surprise, at least to me—and all of it took place before there was any news on the oil front out of Europe, as the high tick of the day came minutes after 9 a.m. Europe time on their Thursday morning. After that, the gold price didn’t do much—and the Globex trading system closed/shut down at 6 p.m. GMT, which was 1 p.m. EST. With no data out of the CME Group in New York, I guesstimate the low and high ticks at $1,187 and $1,198 in the December contract. The gold finished trading down at $1,189.80 spot, down $8.20 on the day. Gold’s net volume was around 83,000 contracts, with a good two thirds of that traded before the London a.m. gold fix. With New York closed yesterday, there are no updated 6-month charts for any commodity, but the only commodity that counted was crude oil—and with the price down almost five bucks, it will be ugly when I post it in Saturday’s column. At the moment [3:15 a.m. EST] it’s trading at US$68.66 a barrel—down another 39 cents. And as I type this paragraph, the London open is about twenty minutes away—and for the second day in a row, all four precious metals got sold down in the Far East. This time their respective lows came minutes before lunchtime in Hong Kong trading—and all have rallied off their these lows but, with the exception of palladium, all have a ways to go to get back to their closes on Thursday. With Thursday’s trading volume now mixed in with Friday’s volume, it’s hard to tell what the real Friday volumes are at the moment, but based on what I reported for Thursday, they don’t look out of line for this time of day. As a matter of fact, it looks to be on the lighter side in both gold and silver. The dollar index is off it’s earlier high, which appeared to come around noon Hong Kong time–the low tick in all four precious metals—and is only up 5 basis points at the moment. And as I sent this out the door at 5:15 a.m. EST this morning I note that gold’s tiny rally ended at the London open—and it’s now trading sideways, down six bucks from yesterday’s close. Silver met the same fate, along with a HFT sell-off to a new low for the day [and below $16 spot] about 8:40 a.m. GMT—and it’s now attempting to rally back to unchanged. Platinum and palladium were only affected a tiny amount at the London open—and both are struggling higher at the moment, but both are down a couple of bucks from Thursday’s close. It’s hard to tell what the volumes are in silver and gold at the moment. The dollar index continues to struggle higher—and is up 18 basis points at the moment. With today being Friday—and the last trading day of the month—I must admit that I’m not overly optimistic about what may happen for the remainder of the trading session. But we’ve had a few Friday surprises to the upside so far this month—and today may or may not turn out to be another one of those, so I’ll keep an open mind until I get a chance to check the charts later this morning. Enjoy your weekend, or what’s left of it if you live west of the International Date Line—and I’ll see you here tomorrow. Silver really got taken to the cleaners. At its 12:45 p.m. Hong Kong low tick it was down about 45 cents from Wednesday’s close. From there it rallied until shortly after 3 p.m Hong Kong time—just like the gold price—and then sold off starting just before noon in London, which may have been an early silver fix. Silver finished the Thursday ‘session’ at $16.20 spot, down 34 cents—and it’s net volume was around 18,000 contracts, with more than 50 percent of that amount transacted before London opened. Platinum had a similar down/up move—and its recovery rally high topped out shortly before Zurich opened—and it drifted lower from there until 6 p.m. GMT/1 p.m. EST. Platinum was closed down an even 10 dollars. The dollar index closed late on Wednesday afternoon in New York at 87.68—and didn’t do much until it dipped to its 87.53 low about 3:10 p.m. Hong Kong time. From there it rallied in stair-step fashion for the remainder of the day, closing at 88.01—up 33 basis points from Wednesday. Palladium rallied sharply the moment that trading began in New York at 6 p.m. on Wednesday evening. But the not-for-profit sellers showed up within ten minutes—and palladium hit its Thursday low tick at 1 p.m. in Hong Kong. After that it struggled back above $800 the ounce, with a spike high shortly after 4 p.m. Zurich time—and it got sold down a bit from there, but managed to finish up 3 bucks on the day, closing at $803 spot. With New York closed, there was no trading in the precious metals stocks, so there was no HUI or Intraday Silver Sentiment Index—nor was there any other report out of New York yesterday. On Thursday afternoon, Nick Laird passed around the three charts posted below—and shows what happens to the gold price when national currencies got to hell in a hand basket, a fate that will befall the U.S. dollar at some point. The only real reason for a column today was to deal with the stories that I knew I would accumulate—and I certainly didn’t want to be faced with the task of shoving them all in Saturday’s column. Without a doubt, the main criterion for why this is the best COT setup ever to me is the radical change in JPMorgan’s formerly concentrated short position in COMEX silver futures. In the six years in which I had first discovered that JPMorgan (as a result of acquiring Bear Stearns) had become the biggest COMEX silver short, the bank has never held a smaller short position than it does now. In fact, considering what I think the bank has accumulated in physical silver over the past three and a half years, it appears to me that JPMorgan is massively net long in silver overall, to the point of perhaps holding the largest silver position in history. There is no question that a dominant and concentrated position is at the heart of every manipulation; and JPMorgan’s concentrated short position in COMEX silver since March 2008 meant that the bank was the big silver price manipulator (and allowed me to get away with calling JPM crooked). But right now, JPMorgan is no longer the big silver short and may, in fact, be the big silver long. It took years and a price rigging that resulted in a sickening drop in the price of silver, but JPMorgan has succeeded in completely reversing its overall position in silver from short to long. This is nothing less than the most radical structural change in silver over the past six years, if not forever. – Silver analyst Ted Butler: 26 November 2014 I must admit that I’m not sure what to read into yesterday’s price action in Far East trading on their Thursday morning. Volume up until the London open was very heavy, at least double the normal volume—whatever passes as ‘normal’ these days. It had all the hallmarks of the the HFT traders and their algorithms, but it’s impossible to tell for sure. Next Friday’s Commitment of Traders Report may or may not shed some light on what happened, but that report is a lifetime away at the moment. The noteworthy price events in gold and silver yesterday was their apparent ‘failure’ at their respective 50-day moving averages—particularly in gold. As I pointed out the other day, there was a similar ‘failure’ at gold’s 50-day moving average back in the third week of October—and it remains to be seen if this ‘failure’ is a sign of things to come. But, on the other hand, their respective prices may be held just under their 50-day moving averages for as long as possible, without having to resort to another brutal leg down courtesy of JPMorgan et al. So we wait. Here are the 6-month gold and silver charts as of Wednesday’s close. The agreement with Sumitomo on the Fourth of July project is a great compliment to our recent agreement with Newmont Mining on the Wood Hills South project. We also have the Arabia, Golden Shears and some generative efforts being funded through our joint venture business model. We have enough capital in the bank to last two more years and no debt. The share structure remains at 33.5 million fully diluted. We are very well positioned to have a major win with an incredible share structure. 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