Monthly Archives: August 2013

Smart dust: A complete computer that’s smaller than a grain of sand

"Nobody’s ever written a Star Trek episode about the world’s smallest microchip, only about the world’s smallest computer. Now, a team from the University of Michigan has built not just a very small microchip, but a whole functioning computer, and it’s less than a cubic millimeter in size. Called the Michigan Micro Mote, or M3, this tiny computer features processing, data storage, and wireless communication. Researcher Pabral Dutta thinks it will be the 'next revolution in computing.' The technology works with a very low-powered and low-range wireless standard to broadcast its latest state every few minutes. To power the M3, researchers fitted it with a tiny solar cell." Continue reading →

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What Will Software Eat Next?

"Just look at the industries that software-driven companies have taken over in last decade: In publishing, Amazon and its Kindle destroyed Borders and flipped the industry's financials on their heads; In movies and music, Netflix and Apple's iTunes displaced Blockbuster and Best Buy, not to mention the local record shop and the CD and DVD themselves; In photography, Shutterfly and Snapfish supplanted Kodak, only to be handed their own walking papers by Facebook and Instagram. Software stands at the threshold of even more explosive growth as it will continue to reshape entire industries. The million-dollar question is: What's next? There are several industries that are on high alert." Continue reading →

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Kenya to Introduce Exchange-Traded Funds, Market Regulator Says

"The Nairobi Securities Exchange (NSEASI), Africa’s third-best performing bourse this year, will begin offering exchange-traded funds, the Capital Markets Authority said. The funds will be offered 'in an effort to increase the scope of capital market products available in Kenya,' the Nairobi-based regulator said in an e-mailed statement today. The NSE All-Share Index rallied 23 percent this year. Ghana, Africa’s best performer, gained 47 percent. The Kenyan funds will target individual investors seeking an affordable way to buy into a diverse number of assets, Paul Muthaura, acting chief executive officer of the regulator, said in the statement." Continue reading →

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TEDxMogadishu 2013 Theme: Rediscover

"2012 saw the rebirth of Mogadishu and the first ever TEDx event in Somalia. In 2013, we will reflect on the past, present and future, exploring the ideas, innovations and traditions that once built and will again rebuild this country. Peace has continued to take hold, children are playing in the streets, and the beaches are filled with weekend swimmers. A parliament has been formed, constitution approved, and a new cabinet of ministers is leading Somalia back onto the international stage. Every day that goes by is a historic day, and TEDxMogadishu will highlight the incredible voices that have fought against all odds to make this possible. It is time to rediscover Somalia." Continue reading →

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Financial Times Sees “Endless Cycle Of Bubble, Financial Crisis And Currency Collapse”

"It's funny: nearly five years ago, when we first started, and said that the world is doomed to an endless cycle of bubble, financial crisis and currency collapse as long as the Fed is around, most people laughed: after all they had very serious reputations aligned with a broken and terminally disintegrating economic lie. With time some came to agree with our viewpoint, but most of the very serious people continued to laugh. Fast forward to last night when we read, in that very bastion of very serious opinions, the Financial Times, the following sentence: 'The world is doomed to an endless cycle of bubble, financial crisis and currency collapse.'" Continue reading →

Continue ReadingFinancial Times Sees “Endless Cycle Of Bubble, Financial Crisis And Currency Collapse”

Pay me in gold: Romania’s new term as it gets more of Rosia Montana

"One completely new aspect of the agreement between Gabriel and the Romanian government is over payment of the royalty. Romania can opt to be paid in gold bullion, which could be a fair amount of gold in the end, with total delivery measured in tonnes not ounces. The six percent royalty is on gross revenue. Romania can take the equivalent value in gold. As a Gabriel spokesperson put it, 'essentially they can request six percent of the value of our production.' It could - emphasis on could - mean Romania hauls in some 15 tonnes of gold, life of mine. That, in turn, amounts to about 15 percent of Romania's official gold reserves, which are just over 100 tonnes." Continue reading →

Continue ReadingPay me in gold: Romania’s new term as it gets more of Rosia Montana

India gold price at all-time high

"As we have discussed in previous articles, gold is synonymous with savings and security for many of India’s 1.24 billion people and recent events clearly show why. With capital leaving the country, investors fleeing the stock market and dumping Indian bonds, the only asset that has protected capital has been gold. In fact, holders of gold have prospered in an environment where there are few safe assets. The RBI has attempted to make gold ownership difficult and expensive for Indian buyers by restricting imports and increasing taxes, yet the chart below is evidence they have failed in their campaign." Continue reading →

Continue ReadingIndia gold price at all-time high

Indians Who Bought Gold, Won. Those Who Didn’t, Lost.

"The idiot Keynesians who ran the Bank of India destroyed the rupee. In India, fathers buy gold for their daughters’ dowries. They don’t buy rupees. India put a tax on gold imports in a vain attempt to save the rupee. It didn’t work. The government hates it when Indians buy gold. This shows a lack of faith in the government. That lack of faith is well deserved. The government said that Indians who bought gold were making a big mistake. But it turns out that Indians who trusted the government’s rupee made the big mistake. If you think it can’t happen here, you could wind up like all those Indians who have lost a quarter of their wealth in recent months. They believed their government. Silly them." Continue reading →

Continue ReadingIndians Who Bought Gold, Won. Those Who Didn’t, Lost.

Gold’s Protective Power In Action: India’s Ongoing Currency Destruction

"Although the Indian currency has been falling against the dollar for four decades now, it certainly is in an accelerating downtrend lately. The following paragraphs, quotes and charts paint a picture of a country desperately trying to save its economy and currency. The victims of this situation are of course the citizens. In their attempt to run to gold, they are stopped by their own government. How ironic is this situation when looking as an outsider. Did you ask yourself: am I prepared if this situation hits my country? In this global currency war, that just started two years ago and is expected to last till at least 2020, every country will be hit sooner or later. Are you prepared?" Continue reading →

Continue ReadingGold’s Protective Power In Action: India’s Ongoing Currency Destruction