Pithaly

For one, it explains most of my abilities.





http://uk.youtube.com/watch?v=X_2VXcQXw_0




If you don't believe this, do see the following video to be amazed.







http://uk.youtube.com/watch?v=He7Ge7Sogrk Read more on this article...

I think we have missed out on some of the uses of precious metals which seem to be making a resurgence after thousands of years.

It is well known to the moderately intelligent Indian who has not fully migrated to McDonalds and Bling, that water kept silver vessels will kill bacteria. A recent application of silver has been in Air handling units where it is used to neutralise bacteria in the air stream.

It's the same case for gold. Early uses apart from the use of jewelery (which btw, was not merely for decorative purposes, but the heavy gold jewelery adorning the bare chests of men ensured absorption of gold molecules which serve a healthy purpose), also included the use of gold for false teeth on account of it's malleability, ductility and it's inertness.

Gold is now used in the manufacture of integrated circuits on account of it's ductility, non-corrosiveness and high conductivity.

Recent research has been going on in the use of gold in the manufacture of DNA sensors which would be used to detect diseases.

I dare say that the future will see more and more applications of this beautiful metal.

Excerpts from recent research:

ScienceDaily (Aug. 23, 1997) — Evanston, Ill. --- Researchers at Northwestern University have combined gold and DNA in an innovative way that should lead to new techniques for detecting many types of diseases. Screening for genetic and pathogenic diseases -- that is, those transmitted through heredity and those transmitted by microorganisms -- may be done using the new material, according to one of its inventors, Chad A. Mirkin, professor of chemistry at Northwestern.

Functionalized nanoparticles are covalently bound to internal, chemically modified bases on double-stranded DNA without the presence of destabilizing "nicks" along the DNA backbone. In addition, we report an approach for thiolating one end of the DNA/nanoparticle product and attaching it to a gold surface. The ability to attach one or both ends of the DNA/gold complex, after generation of the desired pattern, to fixed contacts or electrodes is necessary for nanodevices fabrication.

Abstract. This report presents the use of disulfide-modified single-stranded DNA (ssDNA) to form DNA self-assembled monolayers (SAMs) and mixed DNA-carbon nanotube (CNT) hybrids SAMs on gold substrates. Mixed DNA-CNT SAMs are composed of DNA,
mercaptohexanol (MCH) and DNA-CNT aggregates. Both, DNA-CNT and DNA areas of the mixed SAMs were analyzed and compared to traditional DNA SAMs. The results suggest the formation of a more compact and densely packed monolayer of DNA-CNT in comparison with DNA. The use of DNA-CNT hybrids to form SAMs on gold substrates might represent a new approach to improve the immobilization of DNA strands on gold, and might therefore help with the development of enhanced DNA sensors. Read more on this article...

NEW YORK, Aug 3 (Reuters) - The United States is in the second inning of a recession that will last for at least 18 months and help kill off hundreds of banks, influential economist and New York University Professor Nouriel Roubini told Barron's in Sunday's edition.

Taxpayers will pay a big price for helping bail out the rest of the financial services industry as well, Roubini said -- at least $1 trillion and more likely $2 trillion.

The banks will become insolvent because of mounting losses as a result of the housing bust and because they have only written down their subprime loans so far, he said. Still in front of them are their consumer-credit losses, for which they lack the reserves, Barron's reported.

He also said there are hundreds of millions of dollars outstanding in home-equity loans that could be worth zero, too.

U.S. consumers, meanwhile, are "shopped out" and saving less, while the Federal Reserve's performance in handling the crisis has been poor, Roubini said, because it failed to see that the problem extended beyond subprime mortgage debt.

Now, Roubini told Barron's, the government is overregulating, bailing out troubled participants and intervening in every market.

"The regulators should investigate themselves for bailing out Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz), the creditors of Bear Stearns and the financial system with new lending facilities. They have swapped U.S. Treasury bonds for toxic securities," he told Barron's. "It is privatizing the gains and profits, and socializing the losses as usual. This is socialism for Wall Street and the rich."

He said that sometimes it is necessary to use public money to rescue institutions, but in a way that does not bail out the people who made the mistakes. "In each one of these episodes, the government bailed out the shareholders, the bondholders, and to some degree, management," Roubini told Barron's.

As for the banks that will go bankrupt, they will include community banks that finance homes, stores, downtown areas, commercial real estate and other mainstays of U.S. towns and cities, Roubini said.

"Of three dozen or so medium-sized regional banks, a good third are in distress," he told Barron's, saying half of the group could go bankrupt. Some big banks could wind up insolvent, he added, but said they might be deemed too big to fail.

Nouriel stressed that he is "quite bullish" about the state of the global economy and that he is positive about the medium and long term.

(Reporting by Robert MacMillan, editing by Martin Golan)

http://www.reuters.com/article/bondsNews/idUSN0344130720080803?sp=true Read more on this article...

That dreaded day approaches again. Rakhi. (Raakhi, Rakhee, Raki, Rakee, Raakee) It's not the old sisters that are a problem. It's the new wannabees which scare me.
They gonna grab your hand when you least expect it. I wish I can find a place to hide,
and get back home safe.
I'l be back someday.
Before I sail away. Read more on this article...

Lousy Investment #1: Bonds
Lousy Investment #2: Real Estate in the U.S.
Lousy Investment #3: U.S. Stock Markets
Lousy Investment #4: European Stock Markets
Lousy Investment #5: Most of Latin America

Best Investment #1: Gold!
Best Investment #2: Energy
Best Investment #3: Natural Resources
Best Investment #4: Economies that are driving demand for natural resources higher.

Reason: They are the economies that are also largely driving global economic growth these days. Countries like India and China. Indonesia and Malaysia. And more!

It's not too late. By the time the crisis hitting the U.S. is over, gold will be trading at more than $2,000 an ounce.

http://www.marketoracle.org/Article5709.html Read more on this article...