Silver for Life

From The Economist:

MORE than a billion people lack clean water—and in most cases the lack is just of cleanliness, rather than of the water itself. The result is disease, particularly diarrhoea. This kills millions of children a year and stunts the growth of millions more. Better water filters, then, could save many lives and improve many others, and Yi Cui of Stanford University thinks he has come up with one........The filter element he and his team have designed is a mesh of tiny carbon cylinders, known as nanotubes, and silver wires laid on top of a thin strip of cotton cloth. Silver is well known to kill bacteria, so Dr Cui conjectured that forcing bugs to pass close to the metal without actually trapping them might lead to their destruction......read in full

Gold, China and QE

Brian Hicks of US Global Investors interviewed by John Candy on Mineweb.com. Brian discusses the expected effect of QE on the Gold price and the tightening of fiscal policy in China......listen here

Meltup - The NIA tells is as it is

Every American should be grabbed by the scuff of the neck and forced to watch this video.

Insider Selling To Buying Surpasses 1,400-1

From ZeroHedge.com: 27 Sep 2010

For all those who thought last week's "dramatic" improvement in the ratio of insider selling to buying from 650:1 to "just" 290:1 was a sign things are turning and insiders may soon be selling only 100 or so times more stock per week than buying, we have some bad news. According to Bloomberg, the latest ratio of insider selling to buying was 1,411 to 1. Let us repeat: 1,411 to 1. Needless to say, corporate insiders are totally buying the Fed reflation story, and the economic recovery. Like, totally....read in full

The Incas were Right - Moon's Soil Contains Silver

It seems that the ancient Incas were correct in describing Silver as "the Tears of the Moon" as NASA has just found out that the lunar soil contains trace amounts of Silver.

From news.com.au:

LUNAR soil is richer than previously thought, with traces of silver among the complex mix of elements and compounds found within one of the moon's craters, according to a study published today.

Researchers at Brown University who analysed particles of lunar dust kicked up by a NASA-engineered collision last year found a surprisingly rich mixture that, in addition to the silver, included water and compounds such as hydroxyl, carbon monoxide, carbon dioxide, ammonia, and free sodium.....read on

Weekend Chill Out

This Weekend's Chill Out is dedicated to all those Smooth Operators out there who bought Gold under $1,000/oz and Silver under $500/kg. I hope you are closer to living the Diamond Life.

Currency Wars - Spotlight on Currencies at G20 Finance Leaders Summit

From VOA News:

Finance policy makers from the world's 20 largest economies and the heads of the World Bank and International Monetary Fund are in South Korea. Their two-day meeting, which began Friday, focuses on avoiding a currency war that could lead to another global economic downturn.

The Group of 20 nations have a consensus on which way they need to go in terms of currencies. That is the word from Canada's finance minister, Jim Flaherty. He spoke Friday just before the G20 finance ministers and central bank governors began their meeting.

"Where we're trying to get to is an action plan that will avoid the temptation by some countries to protect their currencies in different ways," Flaherty said......read on

Keiser Report - Interview with Peter Schiff