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To: Scoobah who wrote (24257)4/22/2011 11:09:26 AM
From: Jim McMannis1 Recommendation  Respond to of 29622
 
One more reason to buy bullion...

Termites eat millions of Indian rupees in bank

– Fri Apr 22, 5:53 am ET
news.yahoo.com

LUCKNOW, India – It was an all you can eat buffet at the bank.

An army of termites munched through 10 million rupees ($222,000) in currency notes stored in a steel chest at a bank, police in northern India said Friday.

The bank manager discovered the damage when he opened the reinforced room in an old bank building on Wednesday, police officer Navneet Rana told The Associated Press.

"It's a matter of investigation how termites attacked bundles of currency notes stacked in a steel chest," he said. The money was put in the chest in January.

The termites had damaged bank furniture and documents in the past.

The police have registered a case of negligence against bank officials in Barabanki, a town 20 miles (30 kilometers) southwest of Lucknow, the Uttar Pradesh state capital. In India, police register a case before opening an investigation.



To: Scoobah who wrote (24257)4/22/2011 11:10:12 AM
From: Jim McMannis  Respond to of 29622
 
SIlver 47.71

Defying gravity, dunno about logic.



To: Scoobah who wrote (24257)4/22/2011 6:30:51 PM
From: GROUND ZERO™8 Recommendations  Read Replies (2) | Respond to of 29622
 
For a moment, let's think outside the box... not only is the silver market not entering a bubble, it is in fact coming out of a bubble, a long term depressed and reversed bubble which it has been in for many years and that the market is now correcting itself upwards... we have reverse head and shoulder patterns, why not reversed bubbles? Prices were held down and manipulated to such a low level for so long and now the bubble finally burst, so silver is now correcting itself back up to its rightful higher level and proper gold/silver ratio... yes, silver is indeed already in a correction, a correction upwards to where it should have been had it not been suppressed and manipulated for so many years by firms and dealers...

GZ