Energy Efficiency

climate change, energy resources and the big picture: an Australian perspective on global issues

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Entries Tagged as 'gold'

$ Dives While Share Market ‘Floats’

December 23rd, 2010 · No Comments

A few nights ago, the ABC’s finance reporter Alan Kohler showed how various countries’ share markets have fared over the last year. Kohler has at times proved to be incisive but in this report one must ask has he been muzzled or doesn’t he understand that share markets are just a manipulation by the system [...]

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Tags: economy · global · gold · money

The Only Thing that Glitters IS Gold

June 6th, 2010 · No Comments

Over 5 years it has increased at an average of 21.6% per year. Or to put it another way, the currency has devalued 62.3% in 5 years !The price of Gold in Aussie $’s has reached a record $1,482 /oz on F Now if you were a bit paranoid (like me), you wonder about the banks borrowing [...]

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Tags: gold

Gold’s Hollow Greenish Tinge

February 11th, 2010 · No Comments

As you read this, bankers and treasury officials all around the world are wondering what to do next, now that gold bullion bars have been proven to be tampered with, that gold bars are made up of other less valuable metals and many people who paid for gold or promissory notes for gold can’t collect it, so where did [...]

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Tags: banks · gold

All that Glitters is Fools Gold?

December 4th, 2009 · No Comments

Over 5 years, gold has increased in US$ by 182% an annualised increase of 23% p.a; the US$ has fallen 65% in value in that time, so it begs the question as to the value of any currency against the ‘real’ value of gold. On one hand, the major players enjoy the status of a [...]

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Tags: global · gold · money

All That Glitters Is Not Gold

November 9th, 2009 · No Comments

We all aware that at some point in time, paper money and other promissory type notes were ‘guaranteed’ or backed up gold or sliver; that people could use equity of property or future work to borrow against. Then the Share Market was created to allow businesses to access monies through inactive investors and then shares [...]

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Tags: gold