Positive ID announced that it has completed the development of its temperature-sensing microchip

Microchip Will Integrate With PositiveID's Wireless Body(TM) Platform to Provide Early Warning at the Onset of an Illness

DELRAY BEACH, Fla., Jan. 18, 2011 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or the "Company") (Nasdaq:PSID) announced today that it has completed the development of its temperature-sensing microchip in conjunction with development partner RFID 

Solutions of Malaga, Spain. The microchip, which uses radio frequency identification (RFID) technology, is able to measure internal temperature within the body and communicate that temperature wirelessly to an external reader. The Company plans to integrate the temperature-sensing microchip with its Wireless Body™ platform.

As previously announced in November 2010, PositiveID teamed up with RFID Solutions, an advanced technical development group with innovative automated manufacturing and expertise in specialized requirements for sensors in RFID markets, to develop the temperature-sensing microchip for use in humans.

The Company expects its Wireless Body platform will continue to evolve with the addition of other bio-sensing capabilities, including glucose-sensing through its GlucoChip™, which is currently under development. The Wireless Body will be designed to enhance wellness and disease management, for diabetes and other chronic illnesses, by allowing healthcare systems to communicate with each other and deliver solutions to patients seamlessly.

Scott R. Silverman, Chairman and CEO of PositiveID, said, "When a person spikes a fever, it is a signal that their body is fighting an infection. By being able to continuously monitor temperature, it could provide an early warning to a caregiver at the onset of an illness. With the completion of this first bio-sensing microchip we will also explore other bio-sensing functions to integrate with the Wireless Body through our patent for an embedded bio-sensor system to improve remote patient monitoring."

The Wireless Body communication system is built on the Company's Patent No. 7,125,382 for an Embedded Bio-Sensor System.

About PositiveID Corporation

PositiveID Corporation develops and markets healthcare and information management products through its diagnostic devices and identification technologies, and its proprietary disease management tools. PositiveID's implantable healthcare devices and external hardware and software products are designed to communicate wirelessly to improve healthcare and the patient's quality of life. For more information on PositiveID, please visit www.PositiveIDCorp.com.

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Marc Faber: Gold, Silver prices to soar in 2011

LONDON (Commodity Online): Global investing legend Marc Faber says exposure of investors to gold and silver compared to other commodities is very low. Therefore, price of gold and silver can go to higher levels in 2011 thanks to the low investor base for these precious metals.

Faber who is the publisher and editor of the famous Gloom, Boom, and Doom report, says gold and silver continue to be under-owned, despite the fact that the prices of these two precious metals have been zooming in the last one year.

Here is Faber’s outlook for 2011 on gold, silver, other commodities, emerging markets, bonds and equity markets:

Commodities: Faber likes energy companies since the long-term trend in oil is up, as supply fails to keep up with surging demand from emerging markets. Notes that emerging markets have surpassed the developed world in oil consumption and that this trend should keep demand strong for the foreseeable future. Faber likes the majors like Exxon, Hess, and even Chesapeake as natural gas is too cheap on an inflation adjusted basis. Continuing the energy theme, coal and uranium stocks should be gradually accumulated on weakness as the world looks for alternative sources of reliable energy. Peabody on the coal side and Cameco for uranium should outperform over the next few years.

Gold and Silver: Faber reiterates his favorable opinion on gold and silver. Doubts they are currently in a bubble as some analysts postulate. Faber notes that investor exposure is very low when you look you compare it to the world’s financial wealth, meaning that gold and silver are still under-owned and have room to run.

Equity Markets: Faber believes a correction is imminent for the stock market as bullish sentiment (AAII sentiment) nears record levels and mutual fund cash positions remain very low. Furthermore, the latest upward move in stocks has occurred on declining volume, which is usually bearish from a technical point of view. The correction should occur in January. That being said, you should be buying into the correction as it represents a good buying opportunity. Faber prefers energy companies and speculative stocks such as home builders and even AIG. He goes on to say that the third year of a Presidential cycle is very good for speculative stocks versus traditional blue chip value plays.

Emerging Markets: While he is very bullish long-term on emerging markets, investors should avoid (or at least lighten up on) emerging market stocks right now. They should only be bought on corrections which would represent favorable entry levels. Overall, Faber thinks the SP 500 will outperform emerging markets in 2011. The only emerging market that looks attractive right now is Vietnam (VNM).

Bond Market: Reiterates his bearish long-term view on US Treasuries, but notes that they are currently oversold and could be a good trade at this point (TLT). But this would only be a short-term bounce as rates have likely bottomed and higher inflation will erode future returns.

Japan Equities: While everyone is still bearish on Japan, Faber likes Japanese equities and thinks they have the potential for more upside. In particular, he likes Japanese financials such as Nomura and Mizuho Financial.

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Peter Schiff: Here's Why Home Prices Have To Decline At Least 20% And Probably More

Image: Euro Pacific Capital

House prices have to decline at least another 20.3% to come back to the historical trend and may have much further to fall, according to Peter Schiff of Euro Pacific Capital.

Writing in the Wall Street Journal, Schiff breaks down the horrible state of the U.S. residential real estate market just days after a negative Case-Shiller number pretty much confirmed we're in a housing double-dip.

Schiff explains that, if we all believe that we were in a housing bubble, then house prices need to come back to the historical trend line before we're actually through this.

But that 20.3% is only the beginning of the break.

From Peter Schiff (in the WSJ, emphasis ours):

With a bleak economic prospect stretching far out into the future, I feel that a 10% dip below the 100-year trend line is a reasonable expectation within the next five years, particularly if mortgage rates rise to more typical levels of 6%. That would put the index at 114.02, or prices 28.3% below where we are now. Even a 5% dip would put us at 120.36, or 24.32% below current prices. If rates stay low, price dips may be less severe, but inflation will be higher.

Because of high unemployment, and little short-term hope for a jobs recovery, this darker vision makes a lot more sense, according to Schiff. He also blames the poor outlook on high levels of private and public debt and feels Fed activity to prop up the market is only delaying a real recovery.

Read more: http://www.businessinsider.com/peter-schiff-home-prices-2010-12#ixzz19tOzDuIC
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Syrian foreign minister welcomes incoming US ambassador

Incoming US ambassador to Syria, Robert Ford, has met with Syrian Foreign Minister Walid Moallem and showed him the letter of appointment that he will soon present to Syrian President Bashar Assad, the SANA news agency reported.

According to the report, the two spoke about strengthening the ties between Damascus and Washington. In 2005, then-US President George Bush recalled the previous ambassador, Margaret Scobey, following a suspicion that the Syrian administration is behind the assassination of former Lebanese Prime Minister Rafik Hariri. (AFP)

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Report: Mubarak’s Wife and Son Flee to London amid Protests

The wife of Egyptian President Hosni Mubarak and their son Gamal, considered the successor to his father as president, have fled to London with 97 suitcases after unprecedented massive protests in Egypt, an Arab website reported. Egyptian officials denied the claim.

The plane also reportedly carried Gamal's daughter, the Akhbar Arab website reported. It also said a Twitter account was blocked to prevent a social network campaign to urge the ousting of Mubarak, who is over 80 and is reportedly is suffering from cancer.
Dozens of Twitter messages have been sent saying that Mubarak’s wife Suzanne was identified at Heathrow Airport in London, where she and her son and granddaughter arrived in a private jet.

MORE:
http://www.israelnationalnews.com/News/News.aspx/141969

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Rep. Wolf Threatens to Vote Against Debt Ceiling Increase

Virginia Rep. Frank Wolf threatened Thursday to oppose raising the country's $14.3 trillion debt limit, becoming one of the first members of Congress to draw a line in the sand over the looming vote.

The Republican congressman declared on the House floor that he would vote "no" on the measure -- unless it's tied to balancing the budget.


"When Congress is asked to increase the statutory debt limit, which will likely happen in the next few months, I will vote no, unless, and let me be completely clear here, there is a firm commitment to deal with the larger issue or the vote itself is tied to a plan to put America on a path to financial responsibility," Wolf said.

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