Mike Maloney and David Morgan on Silver Investing

Hi folks, here is a clip of Mike and David Morgan at the press conference for Silver Summit Asia. Check out David's site: http://www.silver-investor.com The question was "Why do you say that silver is dirt cheap?". Some great stuff in their responses. I love David's analogy of the birds changing direction. Anyhow, apologies for the lack of posts this past couple of weeks...we've been in Dallas, Phoenix and LA filming some more stuff for future productions. The gold and silver film is at the translators right now, stay tuned for news on that. Mike and I filmed the responses to the YouTube video questions today, thanks to all those that made videos. Second trailer for the film will be out on Tuesday coming. Subscribe if you're digging this channel, welcome aboard.

Asia Shares Rise on Metals

In today's market report... the U.S. dollar tumbled against a basket of currencies. There's a growing expectation among traders that the value of the dollar will continue to drop and metals prices will soar.

Today, the U.S. dollar hit a 28-year low against the Australian dollar and continued to struggle against the euro and yen.

The Australian dollar gained on its high yield and link to commodities like copper and gold.

Separately, Singapore's central bank said it would slightly increase the trading band for the city-state's currency. The Singapore dollar hit a record high, while the dollar stood at its lowest level against the six major currencies in 10 months.

Even with the dollar's tumble, Asian share markets rose, led by resource stocks.

Japan's Mitsui Mining gained as gold hit a new record high and copper hit a 27-month peak, while Australian mining giants Rio Tinto and BHP Billiton rose.

Foreclosure Fiasco

Home Repossessions Hit Record

Foreclosure Fiasco

Oct. 14 2010 | Fresh data out today showing the number of homes seized by lenders is hitting record levels, with CNBC's Diana Olick.