Monday, August 23, 2010

Kenya seizes two tonnes of elephant Ivory

Kenyan authorities have seized two tonnes of raw elephant ivory and five rhino horns bound for Malaysia at the country's main airport, wildlife officials said Monday. Officials said the ivory, from an estimated 150 elephants, had likely been collected over a period of two decades and represented "the largest elephant ivory recovery in Kenya in the recent past". Duration: 01:04.

Silver Investment: $1500oz Silver!! - Mike Maloney

In 1980, it took 1000oz of silver to buy a single family median price home, that day will come again but it's probably going to be less than 500oz. This opportunity isn't going to last for long...there are these brief moments that go by, as far as historic time, they go by in the blink of an eye...where the safest place to be, the place where people run to, to protect their financial well being during economic crisis, gold and silver, they have been the safe haven for your finances for 5000 years. And there are these brief moments in history where they simultaneously become the asset class that has the single greatest gains in absolute purchasing power...and we're in one of those RIGHT NOW." - Mike Maloney

Hedge Funds Hurt Gold

Jon Nadler, senior analyst at Kitco.com, says increased hedge-fund buying is making the gold trade crowded.
Sun 08/22/10 09:00 AM EST -- Alix Steel
Stocks in this video: SGOL | GLD | SIVR | IAU | SLV

DAILY NEWS ON BOOZE