 
Pure gold precipitate produced
by the aqua regia refining process and 99.999% Gold Bars for trading
purposes
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.....COLOURS
OF GOLD FOR
HUMAN'S ETERNAL AFFLICTION OF GOLD LOVE...
The commercial greed of Gold in western
culture
historically wiped out ancient North and South American native
civilizations and also
plundered eastern civilizations rich in
abundant daily gold usage for
cultural and spiritual life raditions and customs....
....Different colors of
gold with silver and copper alloys....
Whereas most other pure metals are
gray or silvery white, gold is yellow. This color is determined by the
density of loosely bound (valence) electrons; those electrons oscillate
as a collective "plasma" medium described in terms of a
quasiparticle
called
plasmon.
The frequency of these oscillations lies in the ultraviolet range for
most metals, but it falls into the visible range for gold due to subtle
relativistic effects
that affect the
orbitals
around gold atoms. Similar
effects impart a golden hue to metallic
cesium
(see
relativistic quantum chemistry).
Common
colored gold
alloys such as rose gold can be created by the addition of various
amounts of copper and silver, as indicated in the triangular diagram to
the left. Alloys containing palladium or nickel are also important in
commercial jewelry as these produce white gold alloys. Less commonly,
addition of
manganese,
aluminium,
iron,
indium
and other elements can produce more unusual colors of gold for various
applications.
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......GOLD IN TODAY'S NEWS.... |
....GOLD'S GROWING GLITTER FOR HUMANITY
IS MORE THAN GOLD JEWELLERY....
.....DUING 2007-10 WORLD FINANCIAL
CRISES
INVESTORS GAMBLES ON SHELTER IN GOLD
RAISINING GOLD VALUE TO
(U.S.)$1200 PER TROY OUNCE IN JUNE 2010 FROM $35 IN 1960....
HISTORY
OF GOLD FROM 1960 TO 2010
(FROM: KATHRYN TAM/THE GLOBE
AND MAIL SOURCES: BLOOMBERG; UBS)
IN 1960
The $35 (U.S.)-an-ounce gold ratio,
adopted by the Bretton Woods system of fixed exchange rates in the
1940s,
starts to show cracks as gold demand rises.
IN 1971
U.S. President Richard Nixon
ends the trading of gold at the
fixed price of $35 per ounce.
IN 1980
Rising inflation and the Soviet invasion of Afghanistan help
propel gold to $850.
It then plunges more than 40 per
cent.
IN 1999
Gold falls to 20-year low, just
above $250,
as central banks sell gold.
IN 2007
Gold returns to the $800 mark
as investors look for a safe haven amid turmoil in credit markets.
IN 2010
Europe's debt crisis helps gold
surpass $1,200.
& UBS Securities predicts it will hit $1,500 by 2011.
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GOLD USED TO BE A BAUBLE
(meaning something that is bright, showy, sometimes expensive, and
usually of little use)
Most gold is even now held in the form of jewelry:
Jewelry 52%
Industrial 12%
Investment 18%
Official sector 16%
Unaccounted for 2%
Total stocks stands at 166,000 tons in 2009
BUT NOW IT'S AN INVESTMENT
Exchange Trading Funds (ETF) holdings of gold are at all-time
highs
THE PORTFOLIO EFFECT:
Investment demand now rivals jewelry use
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THE LOVE AFFAIR OF GOLD AND
HUMANITY...
IS ETERNAL IN ALL ASPECTS OF HUMAN LIFE.....
Gold
has been highly valued in many societies throughout the ages. In
keeping with this it has often had a strongly positive symbolic
meaning closely connected to the values held in the highest esteem
in the society in question. Gold may symbolize power, strength,
wealth, warmth, happiness, love, hope, optimism, intelligence,
justice, balance, perfection, summer, harvest and the sun.
Great
human achievements are frequently rewarded with gold, in the form of
gold medals,
golden
trophies
and other decorations. Winners of athletic events and other graded
competitions are usually awarded a gold medal (e.g., the
Olympic Games).
Many awards such as the
Nobel Prize
are made from gold as well. Other award statues and prizes are
depicted in gold or are
gold plated
(such as the
Academy Awards,
the
Golden Globe Awards,
the
Emmy Awards,
the
Palme d'Or,
and the
British Academy Film Awards).
Aristotle
in his
ethics
used gold symbolism when referring to what is now commonly known as
the "golden
mean". Similarly, gold
is associated with perfect or divine principles, such as in the case
of
Phi,
which is sometimes called the "golden
ratio".
Gold
represents great value. Respected people are treated with the most
valued rule, the "golden
rule". A company may
give its most valued customers "gold cards" or make them "gold
members". We value moments of peace and therefore we say: "silence
is golden". In Greek mythology there was the "golden
fleece".
Gold
is further associated with the wisdom of aging and fruition. The
fiftieth
wedding anniversary
is golden. Our precious latter years are sometimes considered
"golden years". The height of a civilization is referred to as a "golden
age".
In
Christianity
gold has sometimes been associated with the extremities of utmost
evil and the greatest sanctity. In the
Book of Exodus,
the
Golden Calf
is a symbol of
idolatry.
In the
Book of Genesis,
Abraham
was said to be rich in gold and
silver,
and Moses was instructed to cover the
Mercy Seat
of
the Ark of the Covenant
with pure gold. In Christian art the
halos
of
Christ,
Mary
and the Christian
saints
are golden.
Medieval kings were inaugurated under the signs of
sacred oil
and a golden crown, the latter symbolizing the eternal shining light
of heaven and thus a Christian king's divinely inspired authority.
Wedding rings
have long been made of gold. It is long lasting and unaffected by
the passage of time and may aid in the ring symbolism of eternal
vows before god and/or the sun and moon and the perfection the
marriage signifies. In
Orthodox Christianity,
the wedded couple is adorned with a golden crown during the
ceremony, an amalgamation of symbolic rites.
In popular culture
gold holds many connotations but is most generally connected to
terms such as good or great, such as in the phrases: "has a heart of
gold", "that's golden!", "golden moment", "then you're golden!" and
"golden boy". Gold also still holds its place as a symbol of wealth
and through that, in many societies, success.....
To read a complete history of scientific, economic, social,
cultural, spiritual and symbolic biography of GOLD in the known
history of the current humanity please click
here
to read on the Wikipedia, the Free Online Encyclopedia which
is continually updated by the current humanity as a knowledge
sharing.
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This knowledge sharing is in the same spirit that PVAF shares life
sciences knowledge as a news story for your tomorrow to be
happier than today simply because you have more knowledge gained today
that you can use tomorrow to evolve to the prosperity you wish.....
Please click on the next line to read the today's news story on the
continually soaring prices of gold being experienced since 2007 for the
first time in recent history... and also to learn how to trade gold
on-line should you fancy to implement your learning to earn a few gold
bars......
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......TODAY'S NEWS STORY....
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....As gold
moves
from
jewellery cases to investment portfolios,
prices soar to over $1200....
(From: Canadian
Globe and Mail:
Saturday, June 12, 2010: By Brenda Bouw, Minining Reporter, Vancouver)
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It used to be the best way to show off gold was to hang it around your
neck or dangle it across a wrist.
Today, it's gold coins or bars or even
a gold Exchange Trading Funds (ETF) that really turns heads. Gold has become the hottest
investment on the planet, hitting another high this week of $1,251.20
(U.S.) an ounce.
Driving prices higher are investors with fading faith
in paper money. The worry is that as governments load up on debt,
inflation mNo longer does gold automatically trade in the opposite direction as the
U.S. dollar, nor can it be considered another commodity alongside copper
or nickel.
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"Gold is money - a very special form of money," Swiss bank
UBS declared in a recent report.r />
More than half the world's gold holdings are in the form of jewellery,
but demand for that purpose is falling because of higher prices.
Instead, investors - from big-name funds to individual investors - are
bulking up on gold investments, leading to record holdings of the
precious metal in exchange-traded funds.
"Buyers, until now, believed in a certain system. Suddenly, with changes
in this world, they are starting to say, 'Look, I need some insurance
... for down the road,'" said UBS's Andreas Maag |
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.......CLICK ON THE WEBSITES LISTED
BELOW
TO STUDY MORE ABOUT GOLD
IN CURRENT TIMES AND FUTURE TO
COME....
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As we mentioned in “An Introduction to Trading Spot Gold,” trading spot
gold on a forex exchange is an appealing way to speculate on the price
of gold or to hedge risk.
When you trade spot gold, you take a long or short position in gold at
the same time that you take the opposite position in the U.S. dollar.
That is similar to forex trading. Forex is simply the simultaneous
buying of one currency and selling of another. Forex prices are quoted
in pairs. One example of a forex pair is the EUR/USD, which refers to
the euro and the U.S. dollar. Another pair is the USD/JPY, which refers
to the U.S. dollar and the Japanese yen. With each pair, a trader
concurrently buys one currency and sells the other.
Again, when trading spot gold, you simply trade gold and the U.S. dollar
instead of two currencies. Not surprisingly, then, reading a spot gold
quote is similar to reading a forex quote. It is even represented the
same way (XAU/USD). The first symbol listed represents one “troy” ounce
of gold. So the price quote—which may look something like 800
XAU/USD—simply means that one ounce of gold is equal to $800 U.S.
dollars. (The dollar amount fluctuates, of course.)
Pricing in the spot gold market is similar to pricing in any financial
market. There is a price at which participants are willing buy spot gold
(called the ask) and a price at which they are willing to sell spot gold
(called the bid). The difference is called the spread. Spot-gold trading
on forex is a fast-moving market, and the bid and ask change quickly
throughout the day.
So, let’s say you receive a quote for spot gold that looks like 800 /
801. This means that you could sell spot gold at $800, or buy at $801.
To show you how trading spot gold works, let’s say you buy a single lot
of gold—a lot equaling 10 ounces—at $800 per ounce, so $8,000 total. The
spot gold market rallies, and a few hours later you sell the spot gold
at $805 per ounce, or $8,050 total. You made $50.
That may not seem like much, but remember, you will likely have many
such contracts—because you don’t actually have to pay $800 for each
contract. We’ll talk more about that in “The Benefits of Leverage in
Spot-Gold Trading.”
Finally, note that spot gold can be traded both long and short multiple
times throughout the day, given that the market moves so quickly. |
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