Near Term Outlook

A real washout in gold stocks and gold and silver are substantially down. This reminds me of 1973-74. There was blood in the streets.

The long-term commodity bull market is still intact. This bleeding correction has very positive implications. Number one, it will extend the bull market and number two, it is the greatest buying opportunity for gold and silver stocks as well as silver and gold coins. I have not sold anything.

It will take a while for this market to rebuild, but the wait will be rewarded. There is enough credit crisis and real estate collapse to trigger an economic tsunami like the world has never seen. Sentiment is terrible among financial writers.

I repeat that I do not believe that this current credit crisis is to culminate in a great financial collapse as many writers expect. But keep in mind that after this financial season comes the deluge. That is when you had better have your ducks in a row.

The government bailout simply means print more money.

I believe that if it is possible to create enough "money" fast enough, the system will rally a few months hence.

Signs:
1) Look for banking stocks to begin a sustained rise. This is a very strong signal that the bottom is in and a crash has been averted.

2) When central bankers stop fighting inflation (which they caused with printing press money) and begin talking economic growth, this means that the new money floodgates are open.

3) Look for central banks to cut the prime rate and the discount rate.

4) The new administration will make Bush look like an economic conservative. I expect huge expenditures for repair and new infrastructure as well as many other construction projects. There will be another huge "stimulus" giveaway.

White House online privacy policy exempts YouTube

YouTube places cookies on users' browsersTechnology bloggers are raising questions about whether the White House is adhering to privacy rules that prohibit federal agencies from using cookies on their websites.

Chris Soghoian writes on CNET.com that the privacy policy listed on the White House’s website states that YouTube has been exempted from the ban on "persistent cookies."

"The persistent cookie is used by YouTube to help maintain the integrity of video statistics," according to a message on the site.

These long-term tracking cookies are issued by a website to a user’s browser, where they are stored. Cookies allow websites to identify users and track their video viewing habits.

Soghoian points out that the White House offers users an opportunity to avoid having a cookie issued to their browser by providing a link to download the file.

However, several tests carried out by Soghoian indicated that cookies were being issued as soon as he landed on the page, regardless of whether he pressed the "play" button.

This raises several questions about how federal agencies can comply with the rules and protect their users’ privacy while simultaneously employing web 2.0 content such as YouTube videos, he says.
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Clean air extends life by 5 months, study says

Tackling pollution is a public health issueCleaning up air pollution has the power to significantly benefit public health, extending life expectancy by approximately five month, a new study shows.

Researchers at Brigham Young University and Harvard School of Public Health say that average life expectancy in 51 American cities has risen in the past couple of decades, in part due to cleaner air.

The scientists acknowledged that there are a number of factors that influence how long people live, but said the results show the country is "getting a substantial return on investments in improving our air quality."

"Such a significant increase in life expectancy attributable to reducing air pollution is remarkable," lead author Dr C. Arden Pope III commented.

As part of the study, the team compared two sets of data from the cities, which took into account changes in air pollution in 1980 and 2000, as well as life expectancy.

They also used statistical modeling to account for factors such as population change, income, demographics and smoking.

Long-term exposure to air pollution is thought to affect blood pressure, heart attack risk and the chances of dying from cardiovascular disease and lung cancer.
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Obama signs order to shut down Guantanamo

Guantanamo will be closed within a yearPresident Barack Obama signed three executive orders on Thursday relating to the war on terror, showing a definitive break from the policies of the past administration.

One order requires the Guantanamo Bay detention facility to be shut down within a year, which Obama said would "restore the standards of due process and the core constitutional values that have made this country great."

A second order states that terror interrogations must follow rules set out by the Army field manual, which ban physical abuse, coercion and waterboarding. However, the Associated Press reports the administration is considering adding some more aggressive tactics to the manual in the future.

Commenting on the decision to put an end to the use of harsher interrogation methods, Obama said that observing "core standards of conduct" during challenging times is an idea that dates back to the founding fathers.

Another order creates a task force for reviewing detention policies and procedures and reviewing individual cases. This will help determine where future detainees will be held.

The decision to close Guantanamo immediately generated controversy among some Washington lawmakers. Michigan representative Peter Hoekstra, a Republican, suggested the move could be "unnecessarily risking the safety of our nation," CNN reports.
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Chopra: Obama should focus on alternative medicine

Herbal supplements may help AmericansIn the run-up to the election, President Obama promised to place healthcare reform near the top of his agenda.

In an editorial published in the San Francisco Chronicle, Deepak Chopra argues that by bringing complementary and alternative medicine (CAM) into the mainstream, the country could boost its citizens’ long-term wellness and effect considerable cost savings.

Currently, conventional medicine fails to provide sufficient preventive care, Chopra says. He also claims that the majority of doctors are too reliant on the influence of pharmaceutical companies when it comes to choosing a treatment path.

"The era of patient-centered, humane care has long passed," he writes. "Yet, in the face of burgeoning alternatives, official medicine shrugs its shoulders and shuts its doors."

He points to examples in which science has failed to uncover a satisfactory answer as to why some people get sick and others don’t.

Chopra proposes that the Obama administration should begin listening to those who promote and practice CAM, as it can offers answers to many of the nation’s chronic health problems.

Tom Daschle, Obama’s pick for Health and Human Services Secretary, has in the past supported more exploration into the benefits of CAM.

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The case against forcing banks to lend

Is easier credit a good thing?In the current economic climate, it is common to hear people speak about the need for banks to relax their lending standards and start approving loans again.

But is this really a good idea? Writing for CNN Money, Paul R. LaMonica argues that if financial institutions lend for the sake of it, the country will have a more difficult time pulling itself out of the crisis.

Instead, banks should use the funds from the Troubled Asset Relief Program to shore up their balance sheets and protect themselves against the fresh wave of credit defaults that are around the corner, he says.

Considering that irresponsible lending was a cause of the current recession, it would be a mistake to re-start a system of lending to people who cannot afford to pay the money back, according to LaMonica.

Daniel Alpert of investment bank Westwood Capital, called for a rethinking of "so-called stimulus."

"I don’t think massive consumer spending is the way out. The country needs a pickup in savings and investments in the future," he told the news provider.
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Experts: Housing problems likely to get worse

Fewer houses are being builtFrom homebuilders’ perspective, 2009 is likely to be a washout year, a panel of housing experts has predicted.

The National Association of Home Builders said at a news conference that this year is expected to be worse than 2008 and a period where the market really hits "the bottom," the Associated Press reports.

A number of factors contribute to this outlook, including rising foreclosures and late payments on mortgages, as well falling house prices and housing starts.

Meanwhile, employment figures may have the most significant impact on whether or not the housing market will recover any time soon.

Frank Nothaft of Freddie Mac forecast that unemployment could reach 8.7 percent in the fourth quarter of the year, up from its current level of 7.2 percent.

"The single most important trigger event leading to [mortgage] delinquency is unemployment," he told the news provider.

One factor that may be holding potential homebuyers back from the market is that many mortgage lenders are employing strict criteria to determine who can obtain a loan.

And some existing homeowners have been stung by falling prices, meaning they currently owe more money on their mortgage than their property is worth.
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Cholesterol Drugs Can Deplete CoQ10 and Increase Heart Failure Risk

Some 36 million Americans are now on cholesterol (statin) drugs.  Everybody is in on the act—the government, the pharmaceuticals and the medical establishment.  The public is overwhelmed. Everybody is sold!

My opinion: The cholesterol mania is commerce pure and simple—high cholesterol is a diet problem, not a drug problem.

Statin drugs work by blocking cellular production of cholesterol in the mevalonate pathway (the liver) but statin drugs also block Coenzyme Q10 (CoQ10) production, a vital heart and brain nutrient, in the same pathway.

The good news is that consumption of 100 to 200 mgs per day of CoQ10 will reverse CoQ10 depletion induced by statins. At least one cholesterol drug manufacturing company has admitted to this widespread problem with statin drugs.

There is particular CoQ10 depletion in seniors when statins are taken at higher doses. Doctors are getting more aggressive at prescribing higher and higher dosages of statin drugs with corresponding higher and higher depletion of CoQ10, increasing the likelihood of impairment in heart-muscle function.

If you take a cholesterol-lowering drug, you should take extra CoQ10. It won’t affect the action of the cholesterol drug, but will greatly improve heart function.

CoQ10 is a nutrient, but in practice it is nearly impossible to obtain therapeutic quantities of CoQ10 from the diet—most especially if one is on statin drugs. CoQ10 supplementation will guarantee adequate levels.

In cardiovascular health, CoQ10 is valued by many alternative physicians for helping angina, high blood pressure and congestive heart failure. Symptoms such as fluid retention, shortness of breath, palpitations, sweating, subjective arrhythmia, purple skin color and nighttime urination were checked for improvement. Overall there was significant improved quality of life.

A six-year study at the University of Texas found that sufferers of congestive heart failure who took CoQ10 in addition to their conventional therapy had a 75 percent chance of survival after three years, compared to 25 percent survival rate for those using conventional therapy alone.

  • CoQ10 may normalize heart function in mitral valve prolapse patients.
  • CoQ10 may help prevent stroke as well as prevent death in people who have had stroke.
  • CoQ10 improves blood circulation.
  • CoQ10 helps prevent blood clots.
  • CoQ10 is a specific for heart function. More is needed for the aging process.
  • CoQ10 may improve the heart’s ability to survive and produce energy in hypoxia (limited oxygen) situations such as: High altitudes, clogged arteries, blood clots, angina and high fat content blood.

Analysts cite dangers of government intervention

Government intervention in the market may not be a good ideaAs the damaging effects of the financial crisis continue to spread, there has been a tendency for people to turn to the government for solutions.

However, many analysts argue that government intervention in the free market may not be successful, Reuters reports.

According to the World Economic Forum’s 2009 Global Risks report, one of the problems at the heart of addressing these concerns is that the financial crisis is global, with the actions of a single government able to affect – and be affected by – countries around the world.

"That intervention will be both reactive and uncoordinated by a series of local, regional and national political actors," commented Ian Bremmer of Eurasia Group in his 2009 outlook.

The world is moving toward a situation in which politics and the free market are necessarily intertwined, he said.

According to the WEF report, this could end up disrupting the natural system of incentives that encourage growth.

"Intervention in support of the financial and manufacturing sectors carries the risk of rewarding failure or propping up inefficient corporations and industries," it states, according to Reuters.

Companies who do not receive government funds may also find themselves at a disadvantage, it explains.
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Disruptive plane passengers prosecuted under Patriot Act

Does disruption count as terrorism?Although the Patriot Act is intended to combat terrorists, it is also reportedly being used to fight back at unruly passengers.

A report in the Los Angeles Times describes how mother Tamera Jo Freeman was convicted of a federal felony defined as an act of terrorism, after she apparently engaged in some disruptive behavior on a plane.

In fact, her particular behavior consisted of spanking her two children, swearing at a flight attendant and throwing a can of tomato juice on the floor, according to the article.

At least 200 people on flights have been convicted of terrorism under the Patriot Act. The Times says most of these cases do not contain any evidence of hijacking or physical attacks, but have instead consisted of arguments, bad language and unruly behavior.

"We have gone completely berserk on this issue," security consultant Charles Slepian told the news provider. "These are not threats to national security or threats to aircraft, but we use that as an excuse."

The Patriot Act was passed by Congress 45 days after the terrorist attacks on September 11, 2001.
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Gold rises on investor demand

Gold is seen by some as a safe investmentThe price of gold rose by more than 3 percent on Tuesday, as more investors turned toward the precious metal as a safe haven for their wealth.

According to Reuters data, gold reached an 11-day high of $860.40 an ounce, fuelled by demand from people seeking secure assets.

Standard Chartered analyst Daniel Smith told the news provider that investors are flocking to exchange-traded funds, which issue securities backed by stocks of gold.

"People are slowly building long positions in gold and commodities more generally," he said.

There appears to be a trend of investor mistrust of paper assets in an uncertain economic climate. In addition to exchange-traded funds, other vehicles for gold investment include mutual funds, as well as gold coins or bullion.

"With the exception of the 30-year Treasury bond, gold has held up better than other asset classes and has been in a general upward trend since 2001," Leo Larkin of Standard & Poor’s told Newsday.

Although a stronger dollar often prompts gold to fall, that did not seem to be the case on Tuesday. The dollar rose against the euro as officials released negative predictions about this year’s European economic forecast.
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Mobile phones using GPS to advertise to users

Mobile phone companies are able to track users via GPSMobile phone companies are moving one step closer to developing a comprehensive way to track users’ location – and use that information to deliver targeted marketing.

Today’s phones have the ability use GPS chips and network-based cell-tower information to communicate in an individualized way with users, Reuters reports

For example, if a person is walking past a particular clothing store, their phone may offer them a discount related to that shop.

However, the technology may be moving more slowly than operators would like, due to privacy concerns about how people might react to the knowledge that their location is being shared with a service provider.

The article states that as of the end of 2008, both Verizon Wireless and Sprint have taken steps toward implementing location-based services, while AT&T has said it will begin development on its own version early this year.

"I think you’ll see the business pressures on other carriers will lead them to adopt a more open solution as well," Joel Grossman of data aggregator WaveMarket told the news provider.

This is not the first time GPS technology has been at the heart of a privacy debate. In recent months, some police forces have been pushing for further license to use GPS to track suspects.
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Is water pollution causing male fertility problems?

Anti-androgens are in the water supplyNewly identified chemicals in the water supply could potentially be causing fertility problems in men, according to British scientists.

A group of chemicals known as anti-androgens have been discovered by researchers at Brunel University, the Universities of Exeter and Reading and the Centre for Ecology & Hydrology.

These pollutants – which enter the water supply from discarded medicines, pharmaceutical treatments and agricultural pesticides – may be capable of having a feminizing effect on male fish, the scientists say.

In previous studies, the same teams had demonstrated how estrogens and estrogen-mimicking chemicals cause reproductive problems in male fish.

Now, they suggest the anti-androgens may also be contributing to the hormone disruption in fish. Additionally, they say the chemicals could potentially be linked to a male fertility problem called testicular dysgenesis syndrome.

Senior author Charles Tyler of the University of Exeter said the study draws attention to "the cocktail of chemicals" in the water supply which may harm reproduction.

"There are likely to be many reasons behind the rise in male fertility problems in humans, but these findings could reveal one previously unknown factor," he added.
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Amazing Benefits of Vitamin D

“This month’s big news is Professor Cedric Garland’s paper on cancer and vitamin D.  Is vitamin D a cancer crusher? Dr. Garland and six other experts reviewed all the studies in the literature and concluded that up to 50 percent of all cancer could be prevented by adequate Vitamin D nutrition.” From: American Journal of Public Health.

Today, it is well established that besides playing a crucial role in the establishment and maintenance of the calcium in the body, vitamin D also acts as an effective regulator of cell growth and differentiation that is specific to cancer.

Clinical studies now show that vitamin D deficiency is associated with four of the most common cancers:

  • Breast
  • Prostate
  • Colon
  • Skin

Diabetes
Vitamin D deficiency has been associated with insulin deficiency and insulin resistance. It was shown in 2005 that vitamin D deficiency is likely the major factor for the development of diabetes in children.

Heart Disease and Vitamin D
As in diabetes, insulin resistance is one of the major factors in heart disease. Well, northern countries have higher levels of heart attacks in the winter months when there is no vitamin D from sunshine. How simple to take vitamin D supplements—dirt cheap!

Skin
The health news of the century: Dermatologists have made mega-dollars for years with graphic scares about skin cancer caused by sunshine. Of course they don’t know about colon cancer, breast cancer, prostate cancer and 25 other internal cancers caused by sunlight deprivation. Think what enormous damage and death the sunscreen purveyors and users have caused.

Over age 50?
Scientific evidence proves that vitamin D improves neuromuscular performance in older people. It improves everything like better body balance, fewer hip fractures and even hair growth. It makes natural antibiotics that humans rely on to fight infection. There is a very positive connection between multiple sclerosis and vitamin D.

And now I reveal the secret of vitamin D and you can say that you have been told. Here it is: We do not get nearly enough vitamin D. We need 10 times as much as the Recommended Daily Allowance (RDA) and that is up to 4,000 to 10,000 units daily.

My friends, if you have any health concerns related to the above, get in touch with The Vitamin D Council: Find The Vitamin D Newsletter on the Internet at www.vitamindcouncil.org.

Many think U.S. headed toward socialism

Is the U.S. going in the right direction?A new Fox News survey has found that half of Americans believe the recent stimulus packages and government support of private companies feels like a move toward socialism.

Some 50 percent of total respondents held this opinion, including 70 percent of Republicans, 53 percent of independents and 37 percent of Democrats.

At the same time, slightly more than half of all respondents said they think the best way to ease the country’s economic troubles is to encourage spending by individuals and businesses. Only 19 percent said government spending was the answer.

However, when it came to voicing opinions on President-elect Barack Obama’s specific stimulus plan, responses were more mixed.

Some 79 percent of Democrats said they supported it, along with 60 percent of independents. Just over half of Republicans opposed it.

"It will be interesting to see whether this level of support holds up once the details of the recovery plan come to light, especially given the public’s general preference for private rather than public solutions," commented Ernest Paicopolos of Opinion Dynamics, which conducted the poll for Fox News.

Obama has indicated that he believes strong government intervention is crucial to bring the economy out of recession.
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Secret court upholds warrantless wiretapping

A court vindicates the Bush administrationAn appeals court for the secretive Foreign Intelligence Surveillance Court has affirmed the use of warrantless wiretaps, a much-criticized measure that was introduced by the Bush administration.

The unclassified version of an August 2008 ruling was released on Thursday and responded to a challenge by an unnamed telecoms company to the Protect America Act of 2007.

This act gave the government the right to monitor phone calls and emails of suspected terrorists without first obtaining a court warrant.

Objections to the act suggested that it violated the Fourth Amendment of the Constitution, which prohibits "unreasonable search and seizure."

In its decision, the court said the requirement to obtain a warrant could slow down the government’s ability to collect time-sensitive information and potentially put Americans’ security at risk.

Although the Protect America Act expired in February, Congress has since passed a new law that permits surveillance and protects communications companies who participated in warrantless wiretapping from lawsuits.

The Foreign Intelligence Surveillance Court was established in 1978 to review applications for warrants related to national security investigations.
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Poll: 61% of Americans oppose more bailout spending

Enough bailouts, Americans sayMore than six in 10 Americans do not want any more of their tax dollars to be devoted to bailing out financial institutions, according to a new poll.

A CNN/Opinion Research survey found that the majority of people feel the first bailout was not successful and do not want to spend more in this way.

"One reason for the opposition to more money being spent may be that more than eight in 10 said that the first $350 billion of taxpayer money for the bailout didn’t work," said CNN’s polling director Keating Holland.

In fact, a similar poll taken by CNN back in October, before the bailout had been approved found that 56 percent of the public opposed the measure.

However, the newest findings do reveal that some people are in support of the government’s proposed actions, with 38 percent agreeing more money should be given to struggling financial institutions.

On Thursday, the Senate voted to release the remaining $350 billion of the $700 billion Troubled Asset Relief Program to the incoming administration.
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Bypass Surgery by Robotics

Yes! In Odessa, Texas at Alliance Hospital, there is a heart bypass procedure unique to all in the United States!

In the first two years after its grand opening in June 2003, Alliance Hospital had already performed the largest volume of robotic cardiac surgical procedures done in a single institution to date.

A group of 11 physicians established Alliance Hospital with the primary purpose of establishing a center of medical excellence.

Can you imagine a heart bypass operation where no human hands ever touch the heart and the chest is never opened as in conventional heart surgery?

The closed-chest, minimally invasive procedure utilizes four fingertip-size incisions on the chest where special robotic instruments are inserted and manipulated remotely by a cardiac surgeon sitting away from the patient. The operation is performed on a beating heart.

The cardiac surgeon sits at a remote console and harvests arteries that run along the inside of the chest to use as grafts for the heart bypass surgery. Most of the time this means no leg wounds!

Because of this approach, most patients are out of the hospital in 24 to 48 hours. They are back to their normal lifestyle without the misery of healing a split sternum and recovery from a stopped heart or heart-lung machine.

Alliance Hospital does heart, orthopedic, vascular, urological, general and specialty surgeries. Interestingly, the insurance companies and Medicare pay on the same basis as for conventional operations.

Suresh Gadasalli, M.D., F.A.C.C., whom I consider highly professional and who devotes time and attention to each patient, treated me.

Sudhir Srivastava, M.D., is a cardiovascular and thoracic surgeon. He has performed approximately more than 550 robotic assisted surgeries with no heart attacks, strokes or deaths.

Alliance Hospital has been rated number one in the Permian Basin area for overall cardiac care according to a study recently released by HealthGrades®, the nation’s leading provider of independent hospital ratings. The study ranked Alliance Hospital among the best hospitals in Texas for cardiology, and it received five-star ratings for the treatment of heart attack and heart failure. 

For more information, contact Alliance Hospital in Odessa, Texas. Tell this great health news to everyone you care about!

Ohio renter law requires collection of personal data, photo

Personal information is collected about tenants in a suburb of ClevelandA Maple Heights, Ohio law that requires landlords to collect personal information and photos of their tenants has attracted complaints about its privacy implications.

ACLU attorney Melvyn Durchslag said the measure was likely enacted to keep students from outside the school district from attending the suburb’s schools, the Cleveland Plain-Dealer reports.

The law at stake obligates landlords to provide the city with data on tenants, including names of adults, number of adults and children living in a residence, names and ages of children, which schools the children attend, residents’ signatures and photographs.

"In their zeal to search out a few people who may be improperly registered for school, city officials have jeopardized residents’ personal information and contributed to our ever-expanding surveillance society," Durchslag said, according to the news provider.

City officials told the Plain-Dealer they would seek to address the issue and that no one had ever complained about it before.

Durchslag said that the ACLU had battled Maple Heights previously over the use of personal data. In 2002, the organization won a lawsuit against the school district centering on the proof required for enrolling new students.
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