الثلاثاء، 9 نوفمبر 2010

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Archive for November, 2010

Miners Surge on Gold Spike

Tuesday, November 9th, 2010

The share prices of gold mining producers and explorers surged higher as the gold price crossed above $1,400 per ounce. The widely-held and followed Market Vectors Gold Miners ETF (GDX) climbed by 1.6% to $61.10, led by a 2.8% gain in the world’s largest gold producer, Barrick Gold (ABX). Gold mining companies continue to attract [...]

Look Out Above?

Tuesday, November 9th, 2010

In a note to clients, Michael Churchill, of Churchill Research, discusses a sea change in thinking among institutional money managers as it relates to gold as an investment:

Gold Hits New Record High of $1,409

Tuesday, November 9th, 2010

Gold bullion reached a new all-time record high of $1,409.96 Monday as the yellow metal displayed its resilience in the face of a rebound in the U.S. dollar. The yellow metal climbed $17.87, or 1.3%, while the U.S. Dollar Index (DXY) advanced 0.7% to 77.06 amid renewed sovereign debt concerns in Europe.Silver surged higher [...]

Miami hotel sparkles in gold leaf

Tuesday, November 9th, 2010

A hotel in Miami is "ablaze" with gold leaf that appears on the striking crystal chandelier that stretches the full 120 ft length of its dining area, one writer has claimed.
Johnny Morris, in an article for the Telegraph, said that the new W hotel on Miami Beach has already attracted guests ranging from models to [...]

3D TV – Is it the next big thing?

Tuesday, November 9th, 2010

Thanks to a bumper year at the cinema, the 3D technology it seems is back from the oblivion and many enterprises have been quick to integrate it with their existing lines of products. The result is huge arrays of products ranging from 3D-TVs to 3D Mobile phones. Sure the consumer electronics industry is eyeing big [...]

Verizon Droid Pro coming to stores on Nov 18 for $180

Tuesday, November 9th, 2010

Verizon today announced that its latest Android 2.2 offering Droid Pro will be available in the market for $179.99 after a $100 mail-in rebate from November 18. However customers can pre-order Droid Pro at select Verizon Wireless Communications Stores and online at www.verizonwireless.com starting Nov. 9.
DROID PRO, a global-ready Android smartphone, allows customers to [...]

NTT Docomo LYNX 3D aka SH-03C full specifications & Hands On pics

Tuesday, November 9th, 2010

This Android 2.1 3D smartphone was launched on NTT Docomo today. It will be available in Japanese market starting December and will get Android 2.2 update in 2011 spring.
LYNX 3D Full Specifications:

LG Optimus Chat aka NTT Docomo L-04C full specification & Hands on pics

Tuesday, November 9th, 2010

NTT Docomo today announced LG’s latest Android 2.2 smartphone Optimus One. It will be available next year in February. Optimus Chat aka L-04C will come with touchscreen and QWERTY keyboard, many preinstalled features/apps and a new UI, “docomo Menu.”
LG Optimus Chat Full Specifications:

Samsung Continuum launching later today at NASDAQ Closing Bell

Tuesday, November 9th, 2010

According to a press release issued today Samsung American CSO Omar Khan and Pat Devlin, President New York Metro Region, Verizon Wireless will preside over the NASDAQ Stock Market Closing Bell to launch a new Android smartphone.
Considering the number of leaks, and the presence of Samsung Continuum user manual on Verizon site, all point in [...]

Toshiba Regza aka NTT Docomo T-01C Full Specifications & hands on pics

Tuesday, November 9th, 2010

This Android 2.1 smartphone from Toshiba was launched today by NTT Docomo in Japan. It comes with a 4-inch full-wide screen, Mobile wallet, infrared communication and one-seg TV powered by Mobile REGZA Engine 3.0. It will be updated to Android 2.2 in spring 2011.
Toshiba Regza Full Specifications:

Three Million Galaxy S units sold in US

Tuesday, November 9th, 2010

Samsung continues gaining smartphone market share with the help of its flagship Android smartphone Galaxy S. While, Samsung sold a total of 7 million Galaxy S units around the globe, three million came from four versions launched with the big four in United States.

Verizon launches Samsung Continuum

Tuesday, November 9th, 2010

As expected, Verizon later yesterday announced its latest Samsung Galaxy S smartphone – Continuum. Verizon Continuum will be available for order starting Nov. 11 in Verizon Wireless Communications Stores and online at www.verizonwireless.com for $199.99 after a $100 mail-in rebate with a new two-year customer agreement and data package.

Samsung and Etisalat launch Galaxy Tab in Nigeria

Tuesday, November 9th, 2010

Samsung along with Etisalat has announced its latest Android 2.2 tablet for Nigeria. Galaxy Tab will be available in all Etisalat experience centres with a one year free bundled data, SMS and voice call.

Motorola Droid 2 Global arrives on Verizon for $200

Tuesday, November 9th, 2010

The dual mode GSM/CDMA Android 2.2 smartphone Droid 2 Global is now available from Verizon. It is selling for $199.99 after a $100 mail-in rebate and subject to the usual two-year contractual commitment.

ZTE launches Blade in France

Tuesday, November 9th, 2010

ZTE has launched its Android 2.1 smartphone Blade in France. It was launched as Orange San Francisco in UK sometime back and got rave reviews.
ZTE Blade comes with a 3.5″ multipoint capacitive touchscreen, with a resolution of 480×800 pixels, 3.2 mega pixel camera, WiFi, Bluetooth, GPS, Email, Internet, video player / recorder, MP3 player, FM [...]

ZTE Light is Optus My Tab; Details on the Optus Android tablet [Update]

Monday, November 8th, 2010

Minutes after we reported that Optus will be launching a ZTE made Android tablet in Australia, we heard from a credible source that Optus My Tab is none other than recently launched “ZTE Light”.

Gold Price Eyes $1,400

Monday, November 8th, 2010

GOLD PRICE NEWS – The gold price heads into the upcoming week on the verge of breaking out above $1,400 per ounce as confidence in the U.S. dollar continues to dissipate. The price of gold touched an all-time record of $1,398 per ounce last Friday on the back of the Federal Reserve’s unending commitment to [...]

Florida man ‘reunited with lost ring after 31 years’

Monday, November 8th, 2010

A man from Jacksonville in Florida has been reunited with his missing class ring 31 years after losing it.
First Coast News reports that Steve Iocco had been swimming in the lake at Gold Head Branch State Park in Keystone Heights in 1979 when he misplaced the band, which features a blue stone.The news feeds on [...]

Indian Fashion and Jewelry Site Exclusively.In Secures $2.8 Million From Accel Partners And Helion Ventures

Monday, November 8th, 2010

There is no doubt that the current Social/Group Shopping Avatar was born in the United States. And despite the fact that pejorative terms like ‘Bangalored’ go some way in highlighting the angst towards Indians. There is still an old exotic charm associated with the South Asian Giant though. And Exclusively.In is cashing in on this [...]

Dell launches Backup app to support Streak Froyo update

Monday, November 8th, 2010

Dell has launched their free Backup and Restore application in Android Market. Dell Streak users are supposed to use this application to backup their data before updating to Android 2.2.
Dell Backup and Restore has been developed in collaboration with Nero. Now, we have everything expect the update itself, we are expecting the update launch [...]

NTT Docomo launches LYNX 3D, Toshiba Regza, LG Optimus Chat Android phones

Monday, November 8th, 2010

Days after Softbank launched a series of Android phones along with two 3D devices, NTT Docomo went ahead and announced its own Android lineup.
NTT Docomo today announced three Android phones along with a 3D phone, which will be available in the market at different time-intervals.
LYNX 3D aka SH-03C: This Android 2.1 smartphone comes with [...]

To protect your Blog from automated spambots

Sunday, November 7th, 2010

NoSpam automaticly adds additional formfields to your comment form, invisible to the users. If a spambot fills these fields blindly (which 99.9% of all spambots do), the comment will not be saved. You can decide if you want to block these spambots, mark them as spam or put them in moderation [...]

IAMGOLD Misses, Shares Down 5.1%

Saturday, November 6th, 2010

Shares of IAMGOLD (IAG) are down 5.1% to $18.40 after the company missed consensus analyst earnings. The company reported $0.13 per share, missing expectations in the $0.15 to $0.20 range on lower production and higher costs.
IAG highlighted a problem with the SAG mill at its Essakane mine in Burkina Faso.

Blackrock’s Hambro Reiterates Bullish Gold Stance

Saturday, November 6th, 2010

Evy Hambro, manager of Blackrock’s $4.5 billion gold fund, reiterated his bullish outlook on the gold price on the back of the Fed’s new $600 billion quantitative easing initiative. Hambro told Reuters:
“Gold is not a paper currency, it is nobody else’s liability, it is not a promise to pay a bank and it’s something you [...]

Gold Hits Yet Another Record High

Saturday, November 6th, 2010

After trading down to $1,374 early this morning, the gold price bounced over $22 to its current level of $1,396 per ounce. Despite the U.S. dollar holding onto most of its gains versus the euro and yen, gold continues to hit fresh all-time highs – hitting a high print of $1,398 per ounce.
Gold mining stocks [...]

$1,500 Gold by Year-End?

Saturday, November 6th, 2010

Bretton Woods Research, in a note to clients, projected that the gold price could end the year at $1,500 per ounce:
“There is a risk that gold could drift higher now, similar to how it rose following the March 18, 2009 initiation of QE1. If gold were to continue its upward trend since July 27 when [...]

2010 Gains for Gold Soar to 27%

Saturday, November 6th, 2010

Risk appetites have surged and investor confidence has grown in recent weeks amid increasing confidence that a double dip recession has been averted. With the Federal Reserve, alongside its counterparts overseas, engaged in a full-fledged effort to extinguish deflation, investors have plowed funds into assets, such as stocks, commodities, and gold.
After surging 3.7% in October, [...]

Ecuador to Propose New Mining Contracts

Saturday, November 6th, 2010

Bloomberg is reporting that Ecuador’s Non-Renewable Natural Resources Ministry, in an email, announced it would be proposing new mining royalty contracts in December. According to the document, Kinross Gold and IAMGOLD must sign new mining contracts.

Gold jewellery ‘a winter trend’

Saturday, November 6th, 2010

One jewellery designer has predicted that gold accessories will be on-trend for the winter season.
Kelly Hobson, store manager at Pandora Leeds, said the label has recently released new beads in gold and silver, while she has also seen a

lot of wooden, brown and soft yellow pieces around.The news feeds on this site are independently provided [...]

Google Instant Goes Mobile!

Saturday, November 6th, 2010

In September, Google stepped many levels above its competition when it launched Google Instant Search. It estimated that “more then 3.5 billion seconds in a day” would be saved thanks to Instant Search. The feature came to Google’s India domain almost a month later on October 8th. It was, however, only restricted to the search [...]

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Archive for November, 2010

Join Magic Members Affiliate & Win 65 Inch LCD TV

Tuesday, November 9th, 2010

Magic Members is a premium Wordpress Membership Plugin that turns your WordPress blog into a powerful, fully automated membership site. Magic Members has proven to be one of the best Wordpress Membership site plugins available.

Samsung And Yahoo! All Set To Expand Their Internet TV Reach

Tuesday, November 9th, 2010

The Internet TV game has become more interesting with Samsung and Yahoo! announcing their plans to sell Yahoo-connected TVs in 26 more nations across Europe. That raises the number of countries where Samsung sells TV sets powered by Yahoo widgets to 39. The Yahoo Widget system allows the viewers to access thousands of internet content [...]

Mobile Number Portability? ‘Not This Year’ Say Telcos

Tuesday, November 9th, 2010

I did tell you I won’t be holding my breath waiting for Mobile Number Portability, didn’t I? Just a few days later, any optimism I might have had has been dashed. Leading GSM operators like Vodafone, Airtel and Idea have told the Department of Telecommunications that Mobile Number Portability should only be implemented in January!
The [...]

Bucketbolt.com – A Review

Tuesday, November 9th, 2010

What do you do if you have to buy some textbooks for college? You go to a bookstore and buy it. Simple enough, right? But what if you are too lazy to step out of your house and want the convenience of buying the book online and having it delivered it to your house? Well, [...]

Happy Diwali From WAT Team!

Tuesday, November 9th, 2010

Dear Readers,
Here is wishing you a very happy and amazingly prosperous diwali! You have supported us through thick and thin and its you support that we are over 4 years old and still going strong!

We would like to wish our previous advertisers as well as they have helped us keep the ship afloat! We want [...]

Internet Explorer 9 Beats Other Browsers In HTML5 Compliance?

Tuesday, November 9th, 2010

In its first ever tests to ascertain browsers’ conformity to HTML5, the World Wide Web (W3) Consortium has announced that Microsoft’s Internet Explorer 9 is well ahead of other major browsers in terms of the compliance.

WWW: WAT Weekly WrapUp 1st – 7th November 2010

Tuesday, November 9th, 2010

Last week saw some frenetic action in the telecom space. While Tata DoCoMo finally launched its 3G services and Aircel set up ‘Experience Zones’ in Chennai, the back and forth over Mobile Number Portability continued. The DoT is looking at a November 25th launch but larger telcos want it to be put off till next [...]

Mobile Trading Grows Slowly, But Surely, On The BSE And NSE

Tuesday, November 9th, 2010

Chalk up another one to Rajiv’s Appvolution. In late September and early October, both the BSE and NSE launched their mobile trading platforms. While there was skepticism at the time, the trend shows that their acceptance is growing slowly but surely amongst traders. At least that’s what the brokers are saying.

Panjab Digital Library – Keeping Literary Wealth Alive!

Tuesday, November 9th, 2010

The Nanakshahi Trust based in Ajit Singh Nagar, Punjab - has started a well thought out initiative by creating the Panjab Digital Library. The main objective of this library is to preserve the history of Punjab and the Sikhs by digitizing books, records and documents, and making them available online even after the [...]

TV Broadcasters Will Provide Cross-Platform Content In The Near Future

Tuesday, November 9th, 2010

Gone are the days when broadcasters just limit themselves to televisions. Today it has gone on to other media platforms such as mobiles and PCs. This trend is invariably due to the advent of 3G and fast internet broadband connections. And to make the ends meet, the Rs 25,700 crore Indian broadcasting industry is considering [...]

The Morpheus Invites Startup Applications For Batch 5

Tuesday, November 9th, 2010

The Morpheus – A “gang of serial entrepreneurs and around 65 startup founders and growing” – as they call themselves is looking for applications for its fifth batch of startups. Recognizing the fact that the first 12-18 months is the most important and perhaps difficult stage in the life of a startup. Calling it the [...]

Facebook Bug Bites The British Monarchy

Tuesday, November 9th, 2010

It was until recently when you could not have any access to any of the news or updates from the most authoritative persons or bodies of your country. But thanks to Facebook that has enabled people to get most of the important news and updates of the person or organization or anything that they are [...]

Mig33 Raises 8.9 million $ From Indonesian Entrepreneur

Tuesday, November 9th, 2010

Mobile social network Mig33 which we have blogged about before has raised a series C round of funding from multiple investors. The funding is to the tune of 8.9 million $ and is led by Indonesian telecom entrepreneur Pak Sugiono Wiyono and GREE, Japan’s leading social networking service. Existing investors including early stage venture fund [...]

BlackBerry Losing Its Sheen In The Corporate World?

Tuesday, November 9th, 2010

BlackBerry maker RIM (Research in Motion) saw a 3% drop in its shares as investors shied away on account of its losing grip on the market. For quite some time now, the smartphone has been facing a tough competition from its rival devices.
Many corporate houses including Bank of America, Citi Group, JPMorgan Chase & Co, [...]

Gold buying continues in India ‘due to strong rupee’

Tuesday, November 9th, 2010

Gold buying across India remained buoyant yesterday (November 4th), with the strength of the country's currency being highlighted as a positive factor.
According to Reuters, a combination of the rupee's value and the Hindu Diwali festival has helped the precious metal to perform well.The news feeds on this site are independently provided by Adfero Limited © [...]

Poker player wins gold ring in tournament

Tuesday, November 9th, 2010

A poker player from the Mississippi Gulf Coast has dominated a field of 288 competitors to win a tournament in Biloxi that has netted him a gold ring.
Aaron Brant also secured $19,585 (£12,000) for clinching the World Series of Poker Circuit (WSOPC) Ring event at the IP Resort Hotel and Casino.The news feeds on this [...]

House of Fraser gives out gold coins to mark anniversary

Tuesday, November 9th, 2010

Some 1,000 gold coins are going to be distributed by House of Fraser to people in and around Manchester city centre over the weekend.
The retailer – which is located on Deansgate – is celebrating its 175th anniversary, with lucky consumers able to redeem the items in store for a selection of luxury gifts, Manchester Confidential [...]

Luxury bags ‘feature real gold leaf’

Tuesday, November 9th, 2010

A luxury handbag designer ensures that bags get added sparkle by using real gold leaf on them, it has been revealed.
And this theme may be one that is carried over into the interior of the new outlet Zagliani plans to open in London.The news feeds on this site are independently provided by Adfero Limited © [...]

Gold interest suggests ‘people are revisiting old axioms’

Tuesday, November 9th, 2010

The axiom that precious metals are money and "everything else is credit" is being revisited by gold investors, suggests Fund Strategy.
According to the investment news provider, JP Morgan founder John Pierpont Morgan made that claim back in 1912.The news feeds on this site are independently provided by Adfero Limited © and do not represent the [...]

American gold Eagle coin sales ‘increased in October’

Tuesday, November 9th, 2010

American Eagle gold coins experienced a rise in sales last month, according to new figures.
Writing for Coin Update News, Michael Zielinski said statistics from the US Mint confirmed volumes for gold bullion pieces increased, marking the second month in a row that this has happened.The news feeds on this site are independently provided by Adfero [...]

Established guide books ‘good for gold coin buying’

Tuesday, November 9th, 2010

Those looking to buy or sell gold coins have been advised to refer to reputable guidebooks in order to make sure they are making the right choices.
This is the suggestion of Peter Joerg, writing for Damego, who said these volumes can often be found in local libraries, highlighting The Official Red Book: A Guide Book [...]

India’s Postal Services hits half-tonne in gold coin sales

Tuesday, November 9th, 2010

Over a half-tonne of gold coins have been sold by India's Postal Service, proving it is a popular investment choice for people in the country.
This is according to Reuters, which claimed the nation is historically renowned for purchasing jewellery, yet individuals are keen to pick up other forms of the precious metal, including bars and [...]

Increasing gold prices ‘pushing up wedding ring cost’

Tuesday, November 9th, 2010

The rising price of gold is seeing the retail cost of many wedding bands in the metal also creep up, it has been claimed.
Heather Haddon, writing for the New York Post, said that gold jewellery prices have increased by 30 per cent since last year, meaning that some traditional gold wedding rings now cost a [...]

Brands show off matching gold rings

Tuesday, November 9th, 2010

Russell Brand and Katy Perry have shown off their matching gold wedding bands for the first time since becoming man and wife.
The comedian and pop star enjoyed a week-long wedding celebration in India last month but only this week gave their first public appearance together since the event.The news feeds on this site are independently [...]

Gold Price Firm as U.S. Dollar Bounces

Tuesday, November 9th, 2010

GOLD PRICE NEWS – The gold price consolidated near unchanged Monday morning, trading near $1,392 heading into the new week. While the price of gold held steady, stocks and commodities were under a bit of pressure after last week’s string gains. Gold prices traded near all-time highs at $1,398 late last night before succumbing to [...]

Ron Paul Lambasts Bernanke, Fed

Tuesday, November 9th, 2010

In an interview on CNBC, Ron Paul, House Republican from Texas, will be the next chairman of the monetary policy subcommittee. He shared his views on the Fed, Chairman Bernanke, and gold and silver.
A sample of his quotes:
On the Fed and Bernanke:
“Where did this authority come from?”
We “spend trillions of dollars and nobody thinks anything [...]

Gold Stocks, GDX Dip, Claude’s Earnings Rise

Tuesday, November 9th, 2010

GOLD STOCKS NEWS – Gold stocks looked to open slightly lower Monday, as the Market Vectors Gold Miners ETF (GDX) dipped $0.19 to $59.90 in premarket activity. The fractional decline in

Gold ETFs, GLD Slide, Aurizon Bucks Trend

Tuesday, November 9th, 2010

GOLD ETFS & GLD NEWS – Gold ETFs fell Monday, as the SPDR Gold Trust (GLD) retreated $0.48 to $135.90 in morning trading. The weakness in the GLD, the largest of the gold ETFs, came as the yellow metal inched lower by $0.44 to $1,391.65 per ounce amid a 0.6% rebound to 77.00 in the [...]

A Return to the Gold Standard?

Tuesday, November 9th, 2010

Robert Zoellick, President of the World Bank and a former U.S. Treasury official from 1985-1988, called for the readoption of a “modified global gold standard” amid the “talk of currency wars and disagreements” at the G20 meetings over further quantitative easing from the Federal Reserve.In a Financial Times article entitled “The G20 must look beyond [...]

Gold Touches $1,400 Level

Tuesday, November 9th, 2010

Gold prices reversed their earlier losses and spiked up to hit the magical $1,400 per ounce level, rising despite gains across the board in the U.S. dollar. Spot gold decoupled today from the broader stock and commodity markets, which both moved lower.
The gold price has now appreciated 27.8% thus far in 2010 and is set [...]