Astronomers from UC Santa Cruz have announced the discovery of a distant planet they say is capable of harboring water on its surface, which would potentially sustain life. One of the discoverers said that he believes the chances of life on Gliese 581g is 100 percent, but others have expressed caution noting that the planet's density, atmosphere, and composition are still uncertain. Space Entrepreneur Jeffrey Manber explains that this new planet is just right and could support life.
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Saturday, October 2, 2010
Gold and Silver prices from one record to another
The price of gold and other precious metals seem unstoppable and is going from one record to another record,the price of a troy ounce (31.1 grams) of gold climbed on Friday to a record $ 1,320 Silver the little brother of Gold also rose in price and traded at $ 22.08 a price not seen since 1980 .What is driving Gold prices high is the worrying credit situation in the euro zone with countries like Ireland, but also fear about the new instability in the global financial system .Precious metal prices are a very clear indicator of impending inflation. The U.S. Federal Reserve (Fed) has had hinted in recent weeks that they will finance public debt indirectly through freshly printed money. Officially, this is "quantitative easing" the support of the ailing U.S. economy.
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Gold vs Dollar
Bob Chapman : there will be a deflationary Depression in Europe
Bob Chapman : there will be a deflationary Depression in Europe if they continue to do what they are doing , I think it is deliberate...., England is no better off than Greece Spain Ireland or Italy
Labels:
Europe
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