Chinese Know Real Value

April 27, 2011 Comments off

wealthcycle

The International Monetary Fund reported without fanfare recently its projection that the candidate who wins the 2012 U.S. presidential election will be the last U.S. President to lead the world’s richest super power.

The IMF prediction is based on its calculation that within the next five years China will surpass the United States as the world’s largest economy.

The IMF forecast differs from that of most traditional forecasts, which put the date China’s economy outstrips the U.S. at least a decade or two into the future. However, those traditional forecasters are looking at value as calculated in currency—and as we at WealthCycles.com have reiterated many times, currency lies.

“In addition to comparing the two countries based on exchange rates, the IMF analysis also looked to the true, Read more…
Categories: China, GOLD Tags: , , , , , , , , ,

Bacteria on the Radio: DNA Could Act as Antenna

April 27, 2011 Comments off

Wired

Theoretical physicists have proposed an explanation for how bacteria might transmit electromagnetic signals: Chromosomes could act like antennae, with electrons traveling gene circuits to produce species-specific wavelengths. It’s just a hypothesis, and the notion that bacteria can generate radio waves is controversial. But according to Northeastern University physicist Allan Widom, calculations based on the properties of DNA and electrons square with what’s been measured. “For a long time, there have been signals in water. Something is happening around a Read more…
Categories: Bacteria Tags: , , , ,

Enormous statue of powerful pharaoh unearthed

April 27, 2011 Comments off

yahoo

This undated photo released by the Supreme Council of Antiquities on Tuesday, April 26, 2011, shows a 13 meter (42 foot) tall statue of Amenhotep III in Luxor, Egypt. Archeologists unearthed one of the largest statues to date of the powerful ancient Egyptian pharaoh Amenhotep III at his mortuary temple in the southern city of Luxor, as well as one of the god Thoth with a baboon's head and and a six foot (1.85 meters) tall one of the lion-headed goddess Sekhmet, the country's antiquities authority announced Tuesday.

CAIRO – Archaeologists unearthed one of the largest statues found to date of a powerful ancient Egyptian pharaoh at his mortuary temple in the southern city of Luxor, the country’s antiquities authority announced Tuesday.

The 13 meter (42 foot) tall statue of Amenhotep III was one of a pair that flanked the northern entrance to the grand funerary temple on the west bank of the Nile that is currently the focus of a major excavation.

The statue consists of seven large quartzite blocks and still lacks a head and was actually first discovered in the 1928 and then rehidden, according to the press release from the country’s antiquities authority. Archaeologists expect to find its twin in the next digging season.

Excavation supervisor Abdel-Ghaffar Wagdi said two other statues were also unearthed, one of the god Thoth with a baboon’s head and a six foot (1.85 meter) tall one of the lion-headed goddess Sekhmet.

Archaeologists working on the temple over the past few years have issued a flood of announcements about new discoveries of statues. The 3,400-year-old temple is one of the largest on the west bank of the Nile in Luxor, where the powerful pharaohs of Egypt’s New Kingdom built their tombs.

Amenhotep III, who was the grandfather of the famed boy-pharaoh Tutankhamun, ruled in the 14th century B.C. at the height of Egypt’s New Kingdom and presided over a vast empire stretching from Nubia in the south to Syria in the north.

The pharaoh’s temple was largely destroyed, possibly by floods, and little remains of its walls. It was also devastated by an earthquake in 27 B.C. But archaeologists have been able to unearth a wealth of artifacts and statuary in the buried ruins, including two statues of Amenhotep made of black granite found at the site in March 2009.

Categories: Ancient History, Egypt Tags: , , ,

Should You Buy A Home In 2011? Check Out These 29 Absolutely Crazy Statistics About The Housing Crisis

April 27, 2011 Comments off

endoftheamericandream

Has the U.S. housing market reached a “bottom” yet?  Are home prices going to start recovering?  Is the housing crisis going to end at some point?  Today there are millions of American families that would like to buy homes but they are not sure what to do.  After all, nobody wants to end up like all the suckers that bought at the top of the market and now owe far more on their mortgages then their homes are worth.  A lot of people are really afraid to take out home loans right now.  So should you buy a home in 2011?  That is a very good question.  The reality is that there are a lot of reasons why home prices could continue to fall.  Unemployment is still rampant, and American families simply cannot afford to buy homes without good jobs.  Also, lending institutions have really, really tightened lending standards.  That is really restricting the number of buyers in the marketplace.  The number of foreclosures Read more…

Categories: Housing Tags: , , , , ,

Rain Colombia’s ‘worst’ natural disaster: Santos

April 26, 2011 Comments off

france24

A Colombian police officer helps evacuate a shop after a landslide in Sabaneta, near Medellin in Colombia. Some 160,000 police officers in the country and 52 aircraft are participating in emergency operations following deadly floods that killed 67 people and caused widespread damage, officials have said.

AFP – Colombia faces its worst natural disaster on record due to the effects of relentless heavy rain that has been pounding most of Colombia this year, President Juan Manuel Santos has said.

The heavy rain, triggered by the La Nina weather phenomenon, has killed at least 69 people in April alone, bringing the total death toll to at least 90, officials said.

“It’s as if our territory had been struck by a hurricane that arrived last year and does not want to leave,” Santos said in an address to the nation.

“This is without doubt the worst natural tragedy of our history,” he said, as he called for “national unity” to face the Read more…

Categories: Colombia, Flood, Weather Tags: , , ,

Mississippi River nears highest level since ’37

April 26, 2011 Comments off

chicagobreakingnews

VICKSURG, Miss. — The National Weather Service has forecast that the Mississippi River will crest at 52.5 feet in Vicksburg on May 13, the highest level since 1937.”We’ve got water coming down on top of heavy rain,” Marty Pope, senior service hydrologist with the National Weather Service in Jackson, told the Vicksburg Post.”It’s looking pretty bad right now. We have lots of rain to come, too.”

The Mississippi River at Cairo, Ill., at the confluence with the Ohio River, stood at 53.5 feet overnight Sunday, 13.5 feet above flood stage, and it was predicted to crest there May 3 at 60 feet.

The stage at Vicksburg stood at 39.2 feet Monday. It reached 43.3 feet on March 31.

In 1937, the Mississippi River topped out at 53.2 feet. In 2008, the river reached 50.9 feet, the highest since 1973 when it reached 51.6 feet.

The benchmark 1927 flood reached 56.2 feet on today’s gauges.

Pope said that 5 to 8 inches of rain were predicted over the next three days from Read more…

Categories: Flood, United States Tags: , , , , , ,

NASA issues warning of solar superstorm 2012: One billion could die

April 26, 2011 16 comments

helium

Could a superstorm generated by the sun destroy civilization as we know it in 2012?

No less than NASA thinks it’s a distinct possibility. In a remarkable move the normally conservative US space agency has taken the extraordinary step of warning the world.

The headlines reverberating around the world speak volumes: ‘Leaks discovered in Earth’s magnetic field,’ Solar storms to wreak havoc,’ ‘The end of life as we know it,’ ‘Magnetic shift to cause global superstorms.’

 Can such things really happen?

NASA and the European Space Agency say yes.

2012 and the rising specter of doom

Among all the countries with exposure to the solar devastation, the United States is the most susceptible. Read more…

Categories: NASA, Solar Cycle 24, Solar Storm, Sun, world Tags: , , , , , , , , , , , , ,

Can’t seal Fukushima like Chernobyl – it all goes into sea

April 26, 2011 Comments off
Categories: Japan, nuclear crisis Tags: , , ,

US, China to hold economy meeting in May

April 26, 2011 Comments off

AFP

WASHINGTON — Top officials from the United States and China will meet in Washington early next month, the Treasury Department said Monday, as tensions between the two economic superpowers simmer.

Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton will host Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, amid continued tensions over debt, exports and the value of China’s currency.

The Treasury Department has delayed the publication of a report that could lead to sanctions against Beijing until after the meeting, despite US lawmakers complaining that China is still manipulating its currency for trade advantage.

The semi-annual report, which was due on April 15, has become a focal point for critics who accuse Beijing of unfairly keeping the yuan weak against the dollar to boost Chinese exports.

The US government said it would wait until a meeting of the Group of 20 finance chiefs, the IMF’s annual spring Read more…

Categories: China, United States Tags: , , , , , ,

State Dept. wants to make it harder to get a passport

April 26, 2011 Comments off

consumertraveler

If you don’t want it to get even harder for a U.S. citizen to get a passport — now required for travel even to Canada or Mexico — you only have until Monday to let the State Department know.

The U.S. Department of State is proposing a new Biographical Questionnaire for some passport applicants: The proposed new  Form DS-5513 asks for all addresses since birth; lifetime employment history including employers’ and supervisors names, addresses, and telephone numbers; personal details of all siblings; mother’s address one year prior to your birth; any “religious ceremony” around the time of birth; and a variety of other information.  According to the proposed form, “failure to provide the information requested may result in … the denial Read more…

Categories: United States Tags: , , , ,