Friday, January 28, 2011

Gold Selloff Completely Normal says Aaron Smith

Jan. 27 2011 | Gold's pull back offers good long-term buying opportunities, says Aaron Smith, managing director at Superfund Financial, talking to CNBC's Bernard Lo and Oriel Morrison. He believes gold is an alternative to cash and expects strong support for the metal between $1,280-$1,300.

BP Gulf Oil Spill : The story that everybody has been talking about -- Disturbing Test Results


Oil Spill Health Issues, KLFY, January 27, 2011: http://www.klfy.com/Global/story.asp?... [A] new report just out has revealed some very disturbing findings. ... A blood study that was conducted on four males ages 3 to 43 and one female age 38 in December of last year. Subra says the results of those tests have revealed elevated levels of six toxic and potentially life threatening chemicals associated with crude oil, most notably Ethylbenzene which has been linked to kidney damage and cancer. ... UL Lafayette Professor Paul Klerks is an expert in the environmental toxicology and he says the high levels of ethyl benzene found in human patients is alarming but he doesn't believe its reason to panic just yet. "This is potentially cause for concern, but it's a very small sample size of five so it's really hard to tell with just a small sample size what it means as whole." ... [Their] problems included everything from trouble breathing, and bleeding from the ears, to swelling of the limbs and blood in the stool. Some of the more unusual cases include a commercial diver who is plagued by mysterious rash and the three year son of a fisherman who is suffering from kidney stones.

Dont Touch Gold or Silver Right Now!

Larry Edelson updates you on the major markets he follows: gold, silver, the dollar and the Dow Industrials. And he tells you how he thinks you should handle these markets right now.

DAILY NEWS ON BOOZE