A quick primer on gold investment...
More and more investors are acquiring physical gold, or bullion, in the form of small bars the size of iPhones or coins like American Eagles and South African Krugerrands. Individuals’ bullion purchases almost doubled last year, amid apocalyptic panic over the financial system, to 862 metric tons.
Lately, that panic-driven demand has given way to a more subdued, yet still potent, fear that stocks will suffer as the recession grinds on for a long time, so gold makes sense. At the same time, there’s a rising anxiety about inflation among people like Dr. Van Steyn, resulting from the Obama administration’s massive stimulus spending.
Monday, July 13, 2009
Sunday, July 12, 2009
Clean, Sexy Water
So many people in poor countries desperately need assistance. So many people in rich countries would like to help but fear their donations would line the pocket of a corrupt official or be lost in an aid bureaucracy. The result is a short circuit, leaving both sides unfulfilled.
That’s where Scott Harrison comes in.
Five years ago, Mr. Harrison was a nightclub promoter in Manhattan who spent his nights surrounded by friends in a blur of alcohol, cocaine and marijuana. He lived in a luxurious apartment and drove a BMW — but then on a vacation in South America he underwent a spiritual crisis.
“I realized I was the most selfish, sycophantic and miserable human being,” he recalled. “I was the worst person I knew.”
Mr. Harrison, now 33, found an aid organization that would accept him as a volunteer photographer — if he paid $500 a month to cover expenses. And so he did. The organization was Mercy Ships, a Christian aid group that performs surgeries in poor countries with volunteer doctors.
(..)
Mercy Ships transformed Mr. Harrison as much as it did Alfred. Mr. Harrison returned to New York two years later with a plan: he would form a charity to provide clean water to save lives in poor countries. But by then, he was broke and sleeping on a friend’s couch.
Armed with nothing but a natural gift for promotion, and for wheedling donations from people, Mr. Harrison started his group, called charity: water — and it has been stunningly successful. In three years, he says, his group has raised $10 million (most of that last year alone) from 50,000 individual donors, providing clean water to nearly one million people in Africa and Asia.
That’s where Scott Harrison comes in.
Five years ago, Mr. Harrison was a nightclub promoter in Manhattan who spent his nights surrounded by friends in a blur of alcohol, cocaine and marijuana. He lived in a luxurious apartment and drove a BMW — but then on a vacation in South America he underwent a spiritual crisis.
“I realized I was the most selfish, sycophantic and miserable human being,” he recalled. “I was the worst person I knew.”
Mr. Harrison, now 33, found an aid organization that would accept him as a volunteer photographer — if he paid $500 a month to cover expenses. And so he did. The organization was Mercy Ships, a Christian aid group that performs surgeries in poor countries with volunteer doctors.
(..)
Mercy Ships transformed Mr. Harrison as much as it did Alfred. Mr. Harrison returned to New York two years later with a plan: he would form a charity to provide clean water to save lives in poor countries. But by then, he was broke and sleeping on a friend’s couch.
Armed with nothing but a natural gift for promotion, and for wheedling donations from people, Mr. Harrison started his group, called charity: water — and it has been stunningly successful. In three years, he says, his group has raised $10 million (most of that last year alone) from 50,000 individual donors, providing clean water to nearly one million people in Africa and Asia.
Wednesday, July 08, 2009
Let Sleeping Hypertensives Lie
From Doc Gurley's blog, aptly entitled "Posts from an Insane Healthcare System"...
A well-designed recent study showed just how important sleep is to your blood pressure. Other studies in the past have revealed an association between time-spent-sleeping, and high blood pressure, but none of those studies actually measured a person’s sleep (they were, instead, based on self-report) and almost none looked at blood pressure over time
A well-designed recent study showed just how important sleep is to your blood pressure. Other studies in the past have revealed an association between time-spent-sleeping, and high blood pressure, but none of those studies actually measured a person’s sleep (they were, instead, based on self-report) and almost none looked at blood pressure over time
This recent study did both – and found some eye-opening (so to speak) results:
Sunday, July 05, 2009
Saving a Kashmiri Village After Remaking His Life

This Mr. Shea is quite an inspirational person, "being the change that he wants to see in the world..."
CHIKAR, Pakistan — The lone hospital in this Kashmiri mountain town was on the eve of hosting one of the year’s biggest social gatherings, a health fair for several hundred villagers, and Todd Shea was not happy.
The hospital’s founder, Mr. Shea, an American who resembles a football coach more than a health worker, was outraged because one of the employees had failed to purchase enough hygiene kits — freebies the villagers had come to expect at the fair.
If Mr. Shea, 42, had a résumé, it would by his own admission reveal far more experience as a cocaine addict than as a medical professional. But with his take-charge demeanor, he has transformed primary health care here in this mountain town in Kashmir, where government services are mostly invisible.
“Others are more qualified, but I’m the one who’s here,” he said.
Friday, July 03, 2009
Tuesday, June 30, 2009
Cost-Effectiveness of Cancer Drugs Is Questioned
The widespread use of expensive cancer drugs to prolong patients’ lives by just weeks or months was called into question by an article published Monday in the Journal of the National Cancer Institute.
Crunching data from published studies, the authors found that treating a lung-cancer patient with Erbitux, a drug that costs $80,000 for an 18-week regimen, prolongs survival by only 1.2 months.
Based on that estimate, extending the lives of the 550,000 Americans who die of cancer annually by one year would then cost $440 billion, they extrapolated.
Crunching data from published studies, the authors found that treating a lung-cancer patient with Erbitux, a drug that costs $80,000 for an 18-week regimen, prolongs survival by only 1.2 months.
Based on that estimate, extending the lives of the 550,000 Americans who die of cancer annually by one year would then cost $440 billion, they extrapolated.
Wednesday, June 24, 2009
Fragile Tanzanian Orphans Get Help to Thrive

BEREGA, Tanzania — The Berega Orphanage, a cluster of neat stucco cottages in this village of red dirt roads and maize plots, is a far cry from what the name suggests. The 20 infants and toddlers here are not put up for adoption, nor kept on indefinitely without hope of ever living with a family.
Most of their mothers died giving birth or soon after — something that, in poor countries, leaves newborns at great risk of dying, too. The children are here just temporarily, to get a start in life so they can return to their villages and their extended families when they are 2 or 3 years old, well past the fragile days of infancy and big enough to digest cow’s milk and eat regular food.
And, in an innovative program designed to meet the infants’ emotional as well as physical needs, many have teenage girls from their extended families living with them at the orphanage.
Africa is full of at least 50 million orphans, the legacy of AIDS and other diseases, war and high rates of death in pregnancy and childbirth. With the numbers increasing every day, Africans are struggling to care for them, often in ways that differ strikingly from the traditional concept of an orphanage in the developed world.
Programs like the one in Berega are “the way to go” in Africa, said Dr. Peter Ngatia, the director of capacity building for Amref, the African Medical and Research Foundation, a nonprofit group based in Nairobi, Kenya.
Tuesday, June 23, 2009
Vision of eye care charity

Trachoma causes blindness but can be treated, and one charity brings such cures to poor areas, writes MICHAEL McHALE .
THE EYELIDS turn inwards. They make contact with the eyeball, scratching the cornea and leading to excruciating pain and scarring. Usually there is only one outcome: blindness.
These are the effects of trachoma, an infectious disease that, according to figures from the World Health Organisation (WHO), affects about 84 million people worldwide. Eight million become visually impaired as a result, causing 3 per cent of the world’s blindness. Yet it is preventable.
The disease is most prevalent in developing countries that have difficulties with water supply, overcrowding and large numbers of flies, thereby triggering infection.
It is spread from person to person, often from child to child or from child to mother. A disease of poverty, it was only eradicated in Ireland in the 1930s.
Orbis Ireland is a charity that hopes to halt the spread of trachoma in two of the largest regions in Ethiopia – Gamo and Gofa – which combined have a population of two million. Of this population, 40 per cent are infected with the disease while 70,000 have already been made blind by it.
Monday, June 22, 2009
World Hunger Reaches 1 Billion People Mark
AP, June 19, 2009 · One in six people in the world — or more than 1 billion — is now hungry, a historic high due largely to the global economic crisis and stubbornly high food prices, a U.N. agency said Friday.
Compared with last year, there are 100 million more people who are hungry, meaning they receive fewer than 1,800 calories a day, the Food and Agriculture Organization said in a report.
Almost all the world's undernourished live in developing countries, where food prices have fallen more slowly than in the richer nations, the report said. Poor countries need more aid and agricultural investment to cope, it said.
"The silent hunger crisis, affecting one-sixth of all of humanity, poses a serious risk for world peace and security," said the agency's director-general, Jacques Diouf.
Soaring prices for staples, such as rice, triggered riots in the developing world last year.
Compared with last year, there are 100 million more people who are hungry, meaning they receive fewer than 1,800 calories a day, the Food and Agriculture Organization said in a report.
Almost all the world's undernourished live in developing countries, where food prices have fallen more slowly than in the richer nations, the report said. Poor countries need more aid and agricultural investment to cope, it said.
"The silent hunger crisis, affecting one-sixth of all of humanity, poses a serious risk for world peace and security," said the agency's director-general, Jacques Diouf.
Soaring prices for staples, such as rice, triggered riots in the developing world last year.
Wednesday, June 17, 2009
Alcohol’s Good for You? Some Scientists Doubt It
By now, it is a familiar litany. Study after study suggests that alcohol in moderation may promote heart health and even ward off diabetes and dementia. The evidence is so plentiful that some experts consider moderate drinking — about one drink a day for women, about two for men — a central component of a healthy lifestyle.
But what if it’s all a big mistake?
But what if it’s all a big mistake?
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