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Over time, many technologies pioneered or elaborated in games and virtual worlds have become core parts of the web. Reputation systems. User profiles that track achievements and cumulative past experience. Avatars themselves, now degraded in common parlance all the way down to profile pictures. And now the idea of virtual coins is hot again, after some failed attempts in the 90s boom to make virtual currenct standards for e-commerce. The Guardian has a nice article on it : Startups such as
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by Jack Wagon Gold is one of the most popular and precious metals for investment today. Historically, gold has remained a measure of wealth as well as the medium of exchange for many years. It is more than just a commodity; it is unofficially a currency used all over the world. Central banks, all over the world, use gold to backup their respective currencies. There are two main reasons for using gold as an investment. Gold is bought by the investors to gain profit from its continuous rising
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by Jack Wagon Gold is one of the most popular and precious metals for investment today. Historically, gold has remained a measure of wealth as well as the medium of exchange for many years. It is more than just a commodity; it is unofficially a currency used all over the world. Central banks, all over the world, use gold to backup their respective currencies. Gold can be used as an investment for two main reasons. Firstly, investors buy gold in order to benefit from rising gold prices. Secon
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by Jack Wagon Gold has become one of the favourite precious metals in terms of investment today. It has been a basic measure for calculating wealth and as an exchange commodity throughout the history of mankind. It is not considered as a commodity only. In fact, it is the off-record international currency that can be used anywhere in the world. Central banks of all countries use gold as an endorsement to their respective currencies. People invest in gold for two main reasons. Firstly, they g
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1) California municipal bond sale falls short of fundraising goal “California suffered a painful snub by investors Thursday as the state’s attempt to sell $4.5 billion in general obligation bonds failed to attract enough demand to raise the full amount. After boosting interest rates on a chunk of the debt, the state cut the total size of the deal by 8% to $4.14 billion, Treasurer Bill Lockyer said.” 2) FHA Shortfall Seen at $ 54 Billion May Lead to Bailout “Oct. 8 (Bloomberg) — The
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As the stock markets continue to recover (assuming it has not done yet), the talk of inflation is coming back in the news. Our government has pumped in so much of printed money in the system that there is a concern that US economy will experience inflationary times. There is no denying that inflation will take away chunk of our real returns from overall investing returns. Many of the well known economists and investors (including Warren Buffett) have expressed concerns about in
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According to Robert Zoellick, World Bank President  and former Goldman Sachs head and US Secretary of State, you shouldn’t take the US Dollar’s reserve currency status for granted. Swelling government deficits and the strength of emerging countries is weakening the demand for the dollar. Time to head for the exits? So how should you diversify out of the dollar? According to Zoellick, the Euro and the Chinese Yuan are good alternatives (source: BusinessWeek ). But a lot of people think t
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by Kevin Lance Silver has always been admired, its utensils and currencies reflect its glow and also, it can serve as a wonderful material for ornaments, similar to gold and other precious metals. The term Silverware in fact is gained because of its characteristic of being harder and stronger than gold and is therefore utilized in expensive and luxurious utensils. Refining and polishing this white metal shimmers it all the more and hence puts itself into the brilliant works of fashion jewelry
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by Kevin Lance Silver has always been admired, its utensils and currencies reflect its glow and also, it can serve as a wonderful material for ornaments, similar to gold and other precious metals. The term Silverware in fact is gained because of its characteristic of being harder and stronger than gold and is therefore utilized in expensive and luxurious utensils. Refining and polishing this white metal shimmers it all the more and hence puts itself into the brilliant works of fashion jewelry
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Timothy Donilly SilverBearCafe.com As the gold price continues its steady climb higher and the U.S. dollar remains immersed in a downtrend, it is worth considering the importance of these macro trends. The headlines with respect to the ongoing depreciation of the U.S. dollar relative to the gold price and other global currencies have been recurring for a number of years. However, in recent months the number of stories has increased as the dollar has made 52-week lows versus a number of curre