Gold price rockets up as a natural haven during the turbulent financial markets. It is reflective type behaviour from the past when gold played a very specific role in finances. Currently, gold is a normal commodity with its price fully driven by the market. Therefore, the rocketing gold price likely repeats the trajectory of house prices before 2006. Some experts say that it was a bubble in sense that the house prices were speculative. Gold can not be an exclusion from "normal" market behaviour . When the market players understand this simple rule the price will plummet down. I expect this fall in 2011 because the negative tendency in economic performace has no alternative and there is no really safe haven for assets.
Spatio-temporal evolution of low-magnitude seismicity before the May 24, 2013, Sea of Okhotsk earthquake recovered by waveform cross correlation. Is it an earthquake prediction case?
Abstract According to the International Data Centre (IDC), the Sea of Okhotsk earthquake occurred at 05:44:49.7 on May 24, 2013, had c...
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These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot... -
These days sanctions and retaliation is a hot topic. The first round is over and we will likely observe escalation well supported by po...
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This paper "Gender income disparity in the USA: analysis and dynamic modelling" is also of interest Abstract We analyze and deve...
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