Archive for April, 2008

Those Amish sure are busy

Wednesday, April 30th, 2008

This past winter, every other day there was a full-page ad in the Chronicle Section A touting the wonders of the “Amish Roll-n-Glow Electric Fireplace.” The ads are incredibly cheesy. You know it’s the Weekly World News of direct sales, but the copy and photos are so entertaining that I always read these ads. Here is an actual photo they use. Look at those Amish women slaving away! Heh! Well, the folks that gave us the Roll-n-Glow have introduced a brand-new product today… the Amish Roll-n-Gl

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Kenya: Reserve System in the Spotlight As Dollar Slides - AllAfrica.com

Wednesday, April 30th, 2008

Kenya: Reserve System in the Spotlight As Dollar SlidesAllAfrica.com, Washington - 1 hour agoThis system originated in medieval Europe where villagers would deposit their gold or silver coins with the local goldsmith in exchange for an IOU note. …

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Gold May Glitter, but It Doesn’t Stack up as a Long-term Investment - Knowledge@Wharton (subscription)

Wednesday, April 30th, 2008

Knowledge@Wharton (subscription)

Gold May Glitter, but It Doesn’t Stack up as a Long-term InvestmentKnowledge@Wharton (subscription), PA - 47 minutes agoIn fact, gold has not been a good long-term investment. The previous peak was about $850 an ounce in 1980. Anyone who had squirreled some gold coins or …

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500-year-old shipwreck found by diamond firm - Telegraph.co.uk

Wednesday, April 30th, 2008

500-year-old shipwreck found by diamond firmTelegraph.co.uk, United Kingdom - 36 minutes ago… weapons and thousands of Spanish and Portuguese gold coins, minted in the late 1400s and early 1500s,” said Hilifa Mbako, a company spokesman. …

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Nambia Finds Lost Treasure Ship

Wednesday, April 30th, 2008

The BBC Tells us: A 500-year-old ship-wreck laden with treasure has been discovered off the coast of Namibia. The country’s diamond company, Namdeb, says it found the wreck during operations on the sea bed. The company said the find included three bronze cannons, thousands of Spanish and Portuguese gold coins, and several tonnes of elephant tusks. There were also human remains and navigational instruments. Excavations in the area were halted immediately. Archaeological experts have ident

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Gold May Glitter, but It Doesn’t Stack up as a Long-term Investment (Knowledge at Wharton)

Wednesday, April 30th, 2008

Call it a gold rush, of sorts. Gold topped out at more than $1,000 an ounce in mid-March, up from about $680 a year ago. Although it dipped to just under $900 late in April, it has had a tremendous run, up from $350 five years ago. What has driven these price gains? What does gold tell us about the economy’s future? Should ordinary investors buy it? Knowledge@Wharton talks to the experts.

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Namibian Diamond Company Discovers Treasure Laden Shipwreck (Nasdaq)

Wednesday, April 30th, 2008

(RTTNews) - Namdeb, a Namibian diamond company, said on Wednesday that it had discovered a 500-year-old shipwreck laden with gold coins, elephant tusks, copper and weapons.

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Ailing dollar brings reserve system into question - Business Daily Africa

Wednesday, April 30th, 2008

Ailing dollar brings reserve system into questionBusiness Daily Africa, Kenya - 1 hour agoThis system originated in medieval Europe where villagers would deposit their gold or silver coins with the local goldsmith in exchange for an IOU note. …

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Namibian Diamond Company Discovers Treasure Laden Shipwreck (INO News)

Wednesday, April 30th, 2008

(RTTNews) - Namdeb, a Namibian diamond company, said on Wednesday that it had discovered a 500-year-old shipwreck laden with gold coins, elephant tusks, copper and weapons.

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De Beers discovers treasure ship off Namibian cost - National Post

Wednesday, April 30th, 2008

BBC News

De Beers discovers treasure ship off Namibian costNational Post, Canada - 1 hour agoThe ship was laden with thousands of gold coins and a hoard of more than 50 elephant tusks. Namdeb Diamond Corp., a joint venture between De Beers and the …Treasure trove of coins, 500-year-old cannons discovered on … International Herald TribuneDe Beers Finds Shipwreck, Treasure From Columbus Era (Update2) BloombergAncient wreck off Namibia yields treasure trove Reuters South Africa all 10 news articles

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