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Books > Business & Economics > Finance & accounting > Finance > Investment & securities > Commodities
The Zimbabwe Stock Exchange (ZSE) is one of the last remaining
manual call-over stock exchanges in the world. It is a
contradictory and anachronistic place, in which, each day for
forty-five minutes, twenty traders haggle across wooden desks,
dealing mainly in agricultural and mineral commodities. The ZSE
seems to have been left behind by the rest of the world, but some
argue that its traders are the unsung heroes of the Zimbabwean
economy who can be credited with keeping things afloat during the
extraordinary years of hyperinflation. The ZSE is soon to be
renovated and its systems digitised and automated. This means that
the traders will become redundant, their place in history
forgotten, and the odd aesthetic of the space in which they work
will be lost. Lisa King has been photographing at the ZSE since
2011. Her project is a reflection on the physical and symbolic
space that it occupies in Zimbabwe. It is also a portrait of the
people who participate in this rare form of exchange. Her
photographs explore the anachronistic environment of the ZSE and,
along with Sean Christie’s incisive essay, suggest that the ZSE is
a reminder of the ways in which technology reflects transformations
in socio-political landscapes. Once the ZSE has disappeared, the
book … Sometimes I Make Money One Day of the Week will be one of
the few documents that record and reflect on this unique,
history-making space.
Peak Oil theory is wrong, period. The book starts analyzing the
repeated false prophesies bawled by both relevant personalities and
inexperienced doomsayers that through the years were echoed by
serious and prestigious news media, sometimes even quoted by
influential heads of state. Oil production and reserves data proves
that they were wrong in every instance. Year after year their
calculations proved to be erroneous, but yet they still declare
that the gloomy days are close. Today with a slight change in the
stage design of the drama: now it is not a question of oilfields
becoming exhausted, but rather that gas will soon be so expensive
that only the most opulent will be able to fill their tanks.
Oilfields historical production curves do not follow the "bell
shaped" curve as defined by M. King Hubbert. After the steep surge
of yield resulting from a discovery and later maximum withdrawal,
the fall in production is not symmetrical to the rise and tends to
be much flatter. Actually in most of the cases there is no defined
"peak" but rather a maximum yield "plateau." The smooth diminishing
rate of flow is simply results from the use of enhanced recovery
techniques (EOR) employed to stimulate the surfing of oil rising
from the reservoir rock in depth. The doomsters also ignore the
potential of future oil discoveries in unknown or poorly explored
sedimentary basins all over the world. Evaluations done by
international or national organizations such as the US Energy
Information Administration (EIA) are throwing new light over
undiscovered thick and extensive sedimentary basins potentially
endowed with substantial oil and gas resources. Drilling for oil is
the basic and ultimate tool to define an oil deposit. Only a well
can tell whether we are dealing with a future oilfield or a barren
area. Yet, one must consider that in the last 100 years 50% of the
wells drilled in the world were sunk on the US territory, that is,
over a surface that makes only 6.6% of the total continental lands
in the planet. This fact alone is solid evidence that the rest of
the world is poorly explored. WORLD WIDE OIL EXPLORATION IS IN ITS
INFANCY and many extensive sedimentary basins with potential oil
resources are still unknown and awaiting for both adventurous
entrepreneurs and highly experienced multinationals to bring
billions of barrels up to the light. This fact together with the
present reserves estimations allows us to sustain that there is oil
enough to take us till the end of the century, easily surpassing
the "oil depletion" prophecy that doomsayers wrongly predicted for
2005 or successive years. THIS WITHOUT CONSIDERING AT ALL THE
AWESOME NEW OIL RESERVES THAT CAN BE ADDED BY THE USE OF THE NEW
REVOLUTIONARY TECHNIQUES THAT ALLOW FUTURE OIL TAPPING FROM OIL
SHALES AND GAS SHALES. .
You will learn: * Why most Financial Advisors can't recommend
physical Gold and Silver * Inflation vs. Deflation- which impacts
gold more? * How to pick the best dealer?: A step- by-step guide *
Spot Price Vs Actual Price * The best gold and silver to buy and
hold * When to sell: the Key Ratios to watch * Back to the Gold
Standard-- Who will be first: China, Russia, or. . .? * How to take
Physical Possession of Gold & Silver with your 401k or IRA
$$$$$$ * The Top 7 Gold Scams
Have you ever thought of investing in gold? Gold is one of the most
stable precious metals; it is described as a protection for you and
your family against financial uncertainly and inflation. This is
one of the most recommended investment opportunities especially for
someone who has never invested on anything before. The future for
gold investments always have a golden lining since the price of the
metal has increased for about three to four times its value in just
a matter of a decade.
For the past decade, gold prices have been on a "breathtaking
ascent" and have reached some of the "highest recorded summits" in
modern history. Many investors speculate that these values will
rise even further.
History has shown us that the strength or weakness of the global
economy determines the value of this "iconic" precious metal.
Rising gold prices often "coincide" with weakening currencies and
economic uncertainty and act as a "compass" indicating the
direction the economy is heading. Being able to read this compass
is critical
Beginning with the credit crisis of 2008 and the deep recession
that followed, our Treasury has engaged in "massive stimulus"
programs by "borrowing and spending almost $1 trillion"""and our
central bank (the Fed) has supported a "massive and unprecedented
expansion" of the money supply--both threatening to weaken our
currency and trigger a painful cascade of inflation.
The meteoric rise in the value of gold reflects a common, global
perception that world currencies, particularly the U.S. dollar, are
"under threat." When investors distrust the stability of a nation's
currency--especially a currency as important to global commerce as
the dollar--they look for "hard assets of true value" that can
protect their hard-earned wealth. Learn how you, too, can safeguard
your wealth, hedge against adversity, and diversify your portfolio
through gold investing.
In this book, you will find answers to those questions on
"everyone's" mind:
- Why is the price of gold increasing so quickly and
dramatically?
- What do these increases tell us about the health of the
overall economy?
- Can gold be a safe haven for wealth and a hedge against
economic turmoil?
- What does the modern investor need to know about gold?
- Where and how can I buy or invest in gold?
Got Gold? Get Gold The Get Gold guide book is your compass for
protecting the wealth you have and surviving the unfolding Greater
Depression. The U.S. Dollar is no longer backed by gold. In fact,
it is not backed by anything except legal tender laws. New dollars
are simply created as needed. This is known as inflation of the
money supply and has the effect of devaluing every other dollar
already in existence. This over-issuance of dollars causes prices
to rise. Gold is money. Gold has always been money throughout
recorded history. Periodically, gold is not recognized as money. It
becomes recognized as money again when currencies falter. The U.S.
Dollar is currently faltering and its devaluation is accelerating.
Gold is the anti-dollar and the dollar is the anti-gold. As the
value of the dollar erodes, it takes more of them to purchase a set
amount of gold. It is clear that both gold and silver have been in
a bull market since the turn of the century and will continue to be
unless the devaluation of the dollar ceases. We must protect
ourselves from this rapid debasement of our currency with tangible
assets. The most conservative of all commodities and assets are
precious metals. This book explains why you must have gold and
silver to protect your wealth and provides ample advice for how to
do so. Fundamentally, it seeks to answer the following questions.
Is gold in a bull market? If so, how can I profit? What are the
factors that will cause it to remain a bull market? When is a good
time to buy? What do the experts say? How long will it remain in a
bull market? (i.e. When do I sell?) What type of gold should I buy?
How high is the price likely to rise? What percentage of my savings
should be in bullion? How does this bull market compare to the last
gold bull market? Why is gold so valuable? Isn't it just as good to
hold dollars or stocks? What are some of the gold equities I can
invest in? Which are the most risky and which are the most
conservative? What do I need to know to not get taken when selling
my gold jewelry? What are grandpa's old silver coins worth? What do
I need to know when buying silver or gold? Where do I store my
precious metals? What's safest? Can I hold gold in my retirement
account? Is an investment in gold taxable? Protect yourself NOW
before it's too late.
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