The Economics of Gold

Abstract

From day to day or month to month, the price of gold can swing violently. But over much longer time spans, gold holds its real value rather well. This paradox is explored in this paper; it is explained by the notion that a well informed market should overreact to news about the fundamentals governing its long run value; and then, in the absence of further shocks, the price and stock of gold in use should tend to drift in opposite directions until the long run point of balance is attained. The paper also investigates other issues concerning gold, including the suggestion that paper currency should be backed by gold.     

The Monetary Role of Gold

Abstract

After a brief introduction to the role of gold as a monetary agent in history, the classical gold standard and the Bretton Woods agreement and its failure are discussed. Since then the price of gold has fluctuated widely and has only recently steadied. The monetary role of gold at present is then considered. Gold stocks, their supply and demand and various economic factors playing a role in price formation are mentioned in detail. Inflation and countercyclicality in relation to the Morgan Stanley Index of World Equities are the final subjects of this review.     

最美黄金海岸 加州1号公路自驾

正当我驾车行驶在美国加州1号公路"17英里"(17-mile Drive),这条蜿蜒于太平洋与北美大陆茂密丛林间的临海岩岸,那"世界上陆地与海洋最佳连接处"的无敌风景之路深深将我吸引。壮丽的海景,悠闲的田园,茂密的雨林,可爱的生物,满眼的奇花异草,静谧的海边小镇、宁静优雅的城市海滩……"17英里"无疑是加州1号公路皇冠上那颗最耀眼的明珠。     

The Design of Gold Jewellery Stimulation and Promotion by the World Gold Council

Abstract

As with any work of art or industrial product, good design of jewellery is essential if it is to appeal to its owner. In the field of gold jewellery, the World Gold Council is playing a leading role and its efforts are here reviewed by commenting on the taste in British and Continental design of gold jewellery. Consumer preference, whether organic, symbolic or elementary jewellery is preferred, and the growth of the market are here discussed.     

杭州滨江金色海岸 江上的风帆

在全球第一届“国际花园社区”人文类金奖的名单中,滨江·金色海岸以其天然的山水环境、尊重城市文化脉络、提倡科技节能概念、强调人与自然的完美结合而忝列其中。是杭州不可多得的富于设计内涵的楼盘。     

楚金币的发现与研究

本文概述了楚国金币的发现情况,对楚金币的种类、形制、印记、重量与刻文诸问题加以探讨,对楚金币出土情况进行剖析,认为,楚金币是流通中的秤量货币,它与铜贝是主币与辅币的关系;并对楚金币的币材产地、冶炼技术与铸造年代等进行研究。     

淘金记:拉普兰“黄金村”

<正>芬兰拉普兰的"黄金村",是世界著名的黄金主题旅游地。这座小镇曾是淘金者的天堂,小镇的建筑淳朴而乡味十足,在这里还看到以黄金为主题的纪念品与餐厅。当然,最让游客们感兴趣的当然是亲手淘金了,小镇上会有专业指导来传授游客们淘金秘法,然后,你就可以到小河中去一试身手和运气了。1黄金真的只能放在柜台里卖吗?在这个小镇上,在这家可以说是世界上最简陋的"金店"里,任何人都可享受自助购买黄金。放在玻璃瓶中的     

淘金记:拉普兰“黄金村”

<正>芬兰拉普兰的"黄金村",是世界著名的黄金主题旅游地。这座小镇曾是淘金者的天堂,小镇的建筑淳朴而乡味十足,在这里还看到以黄金为主题的纪念品与餐厅。当然,最让游客们感兴趣的当然是亲手淘金了,小镇上会有专业指导来传授游客们淘金秘法,然后,你就可以到小河中去一试身手和运气了。1黄金真的只能放在柜台里卖吗?在这个小镇上,在这家可以说是世界上最简陋的"金店"里,任何人都可享受自助购买黄金。放在玻璃瓶中的     

黄金盛宴

<正>远古时期的人类对太阳充满了狂热的崇拜,在他们看来,只有太阳才能给人带来光明、温暖和幸福。而黄金散发着和太阳一样神秘的光芒,被人类当作太阳的化身,认为拥有了黄金也就拥有了太阳,拥有了至高无上的权力和财富。这种观念始于古代红海沿岸崇拜太阳的闪米特人,而今延伸至世界各个角落。各种黄金、金色的景观、生物也因此深受人们的偏爱。本期杂志,我们以黄金为线索,为您推荐了多处迷人的金色风景。在深度     

Fishing for Gold: The Story of Alabama's Catfish Industry

Auburn, Alabama, independent researcher Karni R. Perez's veryreadable book takes readers on a behind the scenes tour of therise of the state's catfish industry. She crafts her narrativefrom interviews she conducted, making the book especially relevantfor oral historians. She interviewed over forty people involvedin Alabama's catfish industry, from those involved in its ratherinauspicious beginnings to     

The Village that Turned to Gold: A Parable of Philanthrocapitalism

International development is increasingly financed and implemented by a nexus of billionaires and corporate foundations known as ‘philanthrocapitalism’. This article develops a critique of this paradigm, focusing on the case of the Millennium Villages Project (MVP), and its implementation in Bonsaaso, Ghana. The author interprets the MVP as a staging of the neoliberal fantasy of origins — an imagined history of the spontaneous emergence of capitalism in the frugal activities of smallholder farmers. In Bonsaaso, this fantasy has been shattered by the violence of primitive accumulation — the separation of the peasantry from the land through which capitalist social relations are actually established. Drawing on fieldwork conducted in Bonsaaso, the author describes how an influx of foreign gold miners has plunged the region into a profound socio‐ecological crisis. Despite producing several internal reports on this crisis, the MVP has failed to respond to it, and has instead sought to restage its fantasy in a new Village in the north of the country. Yet an analysis of its background documents and financial networks demonstrates the complicity of the MVP in the political economy of primitive accumulation underway in Bonsaaso. The case provides a cautionary tale against the promise of a good and pure capitalism.     

西安发现一批唐代金银器

2002年春,西安市公安部门移交给文物部门唐代金银器等文物共27件,据调查这批金银器在长安区祝村乡羊村唐墓出土,现整理介绍如下: (1)银杯,通高9.5、口径13.6、足径6.2厘米,重464克。敞口,唇外卷,深腹,下弧形     

《南山经》与南金

金是贵重的稀有金属。截至1995年底,中国各类金矿累计探明储量6000吨,保有储量才4．500多吨。由于金不会氧化,有绚丽的黄色金属光泽,很容易被人发现;又由于它可塑性好,便于加工,所以金很早就被人类利用。     

Uses of Gold in Jewellery

Abstract

Gold plays a dominant role in the jewellery market. This is to a large extent due to the intrinsic value of gold, its beauty and its unique resistance to tarnish and corrosion. In 1990 the amount of gold used in jewellery was about 2000 t worldwide, reaching about 75% of the total demand for gold. The demands on gold materials for jewellery, its applications in the form of bulk material for wrought and cast jewellery and as gold solutions for electrodeposition and electroforming as well as activities to introduce powder materials for the manufacture of jewellery are described. Today's conventional carat gold alloys are reviewed; coloured gold alloys based on the Au–Ag–Cu system, as well as the white gold alloys, based on Au–Ni or Au–Pd alloys. Additionally, the development of special gold alloys is mentioned, for instance that of a very high carat gold alloy, 990 gold–titanium.