The Gold Price Today effect
This week as we sat down with a coffee and ran through the gold news we stumbled upon the unusual story that Scotland is hiding gold, and apparently not just a wee amount. Scotgold, the Australian-funded mining company, have found deposits of gold around Tyndrum, a small Scottish village. They’ve also announced they are going to ask for planning permission to start mining approximately 4.5 million tonnes of gold at their Canonish mine, again in Scotland. This mine was drilled twenty years ago and it’s never been commercially worked…A week ago Gold Fields announced they aim to produce 1m ounces from South America by 2015. All across the board we’re seeing mining companies motivated by the current surge in gold prices.
The gold price has shaped companies that rely on it and this doesn’t just include miners. This week Franco-Nevada, the mining royalty company said it experienced record gold royalty revenue for the third quarter.
The Gold Fever grips politics
The strength of the gold price has led to political maneuvering. We see changes in government policies as a direct result of a high bullion value…
But where the price of gold goes up it’s usually in the face of other currencies going down, as we mentioned in our dollar gold relationship article a few weeks back. When you factor in the South African state run utility company, Eskom’s, proposal to triple power tariffs, an appreciating currency doesn’t seem so enviable.
As the gold price continues to hit new highs watch out for all it’s related statistics on our website… and hold your breath till next week.
Nov 18, 2009
Gold futures higher after passing $1,150 level
Gold futures higher after passing $1,150 level
Gold rallied to yet another record high Wednesday, as weakness in the dollar weakness continued, along with the trend of borrowing the U.S. currency at low cost and using it to buy the metal and other commodities.
Gold for December delivery hit an intraday high of $1,153.40 an ounce on the Comex division of the New York Mercantile Exchange.
December gold finished at $1,141.20 an ounce, up $1.80, or less than 0.1%. and see the gold price today effect.
Gold traders typically look at the consumer-prices report, which tracks inflation at the retail level, for direction, in light of the impact this data have on currency markets and on gold itself. The metal's widely viewed as a hedge against inflation.
Officials at the Federal Reserve charged with setting monetary policy also keep a close eye on consumer prices.
Gold is underpinned by "trends that are already in place rather than from new sparks of buying interest," wrote Tom Pawlicki, analyst at MF Global, in a note to clients.
And Scotgold isn’t the only one. The key is higher profit margins which makes some mines worth producing. RioZim , Zimbabwe’s largest listed resource corporation, is planning to increase gold production to 80kg from the current 60kg a month at its Renco mine. A week ago Gold Fields announced they aim to produce 1m ounces from South America by 2015. All across the board we’re seeing mining companies motivated by the current surge in gold prices… well not quite all, but we’ll come to that later.
Gold rallied to yet another record high Wednesday, as weakness in the dollar weakness continued, along with the trend of borrowing the U.S. currency at low cost and using it to buy the metal and other commodities.
Gold for December delivery hit an intraday high of $1,153.40 an ounce on the Comex division of the New York Mercantile Exchange.
December gold finished at $1,141.20 an ounce, up $1.80, or less than 0.1%. and see the gold price today effect.
Gold traders typically look at the consumer-prices report, which tracks inflation at the retail level, for direction, in light of the impact this data have on currency markets and on gold itself. The metal's widely viewed as a hedge against inflation.
Officials at the Federal Reserve charged with setting monetary policy also keep a close eye on consumer prices.
Gold is underpinned by "trends that are already in place rather than from new sparks of buying interest," wrote Tom Pawlicki, analyst at MF Global, in a note to clients.
And Scotgold isn’t the only one. The key is higher profit margins which makes some mines worth producing. RioZim , Zimbabwe’s largest listed resource corporation, is planning to increase gold production to 80kg from the current 60kg a month at its Renco mine. A week ago Gold Fields announced they aim to produce 1m ounces from South America by 2015. All across the board we’re seeing mining companies motivated by the current surge in gold prices… well not quite all, but we’ll come to that later.
Elearning Online Study Tips
Elearning Online Study Tips
In order for you to provide a duty of care to your patrons it is essential that you remain up-to-date with current state laws and hold the OLGR approved RSA certificate.
AOT has created the most up-to-date, visual, highly informative and entertaining RSA course available. The course is Queensland recognised and delivered as online training education allowing you to achieve your certificate today.
The Food and Beverage Short Course will provide you with:
• Knowledge of Australian and State liquor legislations and penalties
• How to identify customers to whom service should be refused
• Prepare and serve alcohol responsibly
• Assist customers to drink within appropriate limits
• Follow hygiene procedures
• Report and identify any personal health issues likely to cause a hygiene risk
• Prevent food and other item contamination
• Prevent cross contamination
This unit describes the performance outcomes, skills and knowledge required to responsibly sell or serve alcohol and to satisfy the requirements for Responsible Service of Alcohol (RSA) under state or territory legislation.
Learning: You know what is the love?, Tell you how to stop smelly feet
Nov 7, 2009
Authentic louis vuitton Monogram bags
As an editor of handbag blogs, I always thought I have seen a great many handbags, totes, hoboes clutches and pouches in different styles. However, bags from the house of Judith Leiber are quite the eye-openers. The distinctive design and the delicate craftsmanship are definitely different from the usual bags you see. Judith Leiber Macau Parrot Minaudiere is a typical example of its special design.
This LV handbag does not look like someone that can be easily replicated but this replica louis vuitton eclipse speedy 28 has not bad quality. I have no idea if this fake monogram handbag is made of genuine leather but touches pretty soft. Louis Vuitton 09 Cruise The prestigious American fashion brand, Judith Leiber, is synonymous with elegance, style and sophistication. Different from other designer handbags, Judith Leiber handbags are renowned for her signature crystal ornaments and animals or fruits shapes. I think I will try this eclipse speedy handbag which has supple leather and precise stitching. I know stitching is one of the points to measure if a knockoff thing has good quality or not.
Gradually I can see more and more fabulous imitation thing especially the handbags. This fake louis vuitton Monogram bag is made of real calfskin leather, and its making is as the real LV. All the details, size are the same as the authentic louis vuitton Monogram Eclipse Alma. They are pretty smart to manufacture out such wonderful imitations that you can not tell any differences from real one. I do not care style of this bag as long as the good quality it comes with. So I think i will try. And you?Buy through only 235$. Black one is also available.
Gucci 2009 Fall and Winter handbag
Recently Gucci has grandly announced the launch of its new series of handbags in Gucci 2009 Fall Winter show. For the first time, Gucci has combined the rare alligator leather with its classic GG canvas/cowhide in one handbag. The Gucci handbag white leather with gold hardware large shoulder bag with single adjustable strap, detachable shoulder strap, push lock closure, hand stitching, tassels with bamboo detail, and inside zip, mobile phone, and pda pockets. 48 x 39 x 6 cm.
The Gucci 2009 Fall and Winter handbag series are in elegant styles with varied designs for women of different temperaments, and thus won the hearts of many actresses and celebrities immediately after they are released. The new collections has well combined Gucci’s classic design and rare leathers, expressed perfectly the brand’s aesthetics and fully revealed their excellent Florentine leather craft as well as the unique ideas of the brand’s creative director Frida Giannini. So whether you’re in your city shorts and cute tee or perhaps denims and a collared top or probably a city dress, this Gucci ladies web medium Tote will surely give your overall look an added style.
The Gucci 2009 Fall/Winter collection has various shoulder bags and handbags at your choice, and for shoulder bags they all have two shoulder straps of different lengths. and inside zip and cell phone pockets, this Gucci sneaker would be a fabulous day sneaker. The classy and elegant Gucci handbags have a special place of their own in the fashion world. I say day sneaker because, due to the color of the sneaker, it’s kind of hard to make a large metallic sneaker go with an evening outfit. And tell you the tips how to chose bags.
Gucci handbag is designed in perfectly contrasting shades to give you a choice to carry this beautiful handbag with variety of clothes. So the Gucci 2009 Fall Winter handbags collection is the work of ideas and craftsmanship.
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