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Book
Perils of purchasing precious metals and coins
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ISBN: 9781633217065 163321706X 9781620811542 1620811545 Year: 2014 Publisher: New York : Novinka,

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Abstract

Precious metals are a class of metals deemed rare or highly valued, such as gold, silver, palladium, and platinum. Such metals can be bought and sold in the form of bullion bars, ingots, or coins. Due to the size and weight of the goods, investment firms typically transfer the title of the metal instead of the metal itself, which often remains in storage under the care of the firm or its affiliates. Like all commodities, the price of precious metals fluctuates. Still, the metals are perceived to be the safest form of investment, as they can be less volatile than the stock market. This book dis


Book
World trade systems of the East and the West : Nagasaki and the Asian bullion trade networks
Author:
ISBN: 9004358560 9789004358560 9789004358553 9004358552 Year: 2018 Publisher: Leiden, The Netherlands ; Boston, [Massachusetts] : Brill,

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In World Trade Systems of the East and West , Geoffrey C. Gunn profiles Nagasaki's historic role in mediating the Japanese bullion trade, especially silver exchanged against Chinese and Vietnamese silk. Founded in 1571 as the terminal port of the Portuguese Macau ships, Nagasaki served as Japan's window to the world over long time and with the East-West trade carried on by the Dutch and, with even more vigor, by the Chinese junk trade. While the final expulsion of the Portuguese in 1646 characteristically defines the “closed” period of early modern Japanese history, the real trade seclusion policy, this work argues, only came into place one century later when the Shogunate firmly grasped the true impact of the bullion trade upon the national economy.


Book
The elements of power : gadgets, guns, and the struggle for a sustainable future in the rare metal age
Author:
ISBN: 0300216718 9780300216714 9780300196795 0300196792 Year: 2015 Publisher: New Haven, CT : Yale University Press,

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A natural resource strategist investigates the growing global demand for rare metals and what it means to the environment and our future Our future hinges on a set of elements that few of us have even heard of. In this surprising and revealing book, David S. Abraham unveils what rare metals are and why our electronic gadgets, the most powerful armies, and indeed the fate of our planet depend on them. These metals have become the building blocks of modern society; their properties are now essential for nearly all our electronic, military, and "green" technologies. But their growing use is not without environmental, economic, and geopolitical consequences. Abraham traces these elements' hidden paths from mines to our living rooms, from the remote hills of China to the frozen Gulf of Finland, providing vivid accounts of those who produce, trade, and rely on rare metals. He argues that these materials are increasingly playing a significant role in global affairs, conferring strength to countries and companies that can ensure sustainable supplies. Just as oil, iron, and bronze revolutionized previous eras, so too will these metals. The challenges this book reveals, and the plans it proposes, make it essential reading for our rare metal age.


Book
Aluminum dreams : the making of light modernity
Author:
ISBN: 026232136X 9780262321365 9780262026826 9780262321372 0262321378 0262026821 Year: 2014 Publisher: Cambridge, Massachusetts : The MIT Press,

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Aluminum shaped the twentieth century. It enabled high-speed travel and gravity-defying flight. It was the material of a streamlined aesthetic that came to represent modernity. And it became an essential ingredient in industrial and domestic products that ranged from airplanes and cars to designer chairs and artificial Christmas trees.


Book
Rare Earth elements : supply chain risks and National Defense issues
Author:
ISBN: 1536101214 9781536101218 1536101206 9781536101201 Year: 2016 Publisher: New York : Novinka,


Book
The enigma of money : gold, central banknotes, and bitcoin
Author:
ISBN: 9789811018190 9811018197 9811018189 Year: 2016 Publisher: Singapore : Springer Singapore : Imprint: Springer,

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This book provides a new way of understanding modern money and markets by stressing their self-fulfilling/self-destructive properties as institutions from evolutionary perspectives. In contrast to an unrealistic view of the neoclassical general equilibrium theory that models the price mechanism of a “concentrated market” without using money, presented here is an alternative theory of markets on how a realistic “dispersive market” using a stock of money and inventory as buffers can work as a multilayered price-quantitative adjustment system. The central features of modern sovereign moneys seen in inconvertible IOUs of central banknotes can be depicted as “The Emperor's New Clothes” that correspond to the U.S. dollar and the Euro void of their own value. The image captures such characteristics of national currencies as “self-fulfilling ideas” by the inertia of conventions in the past and expectations of an uncertain future. Both ideas normally make money more acceptable and circulative so that its value can become more stable unless expectations for the future turn very pessimistic. The same logic also applies to such other currencies as Bitcoin and community currencies. Their recent diffusion has shown that Hayek's idea of denationalization of money and competition between multiple currencies in terms of its qualities, not its quantities sought as in ongoing quantitative easing, become more relevant under current situations. The qualities of money refer not only to stable monetary values and low transaction costs, but also to high ability in creating, sharing, and communicating social and cultural value. The potential of the logic of self-fulfillment of ideas can thus open up a new economic society when we realize that such various non-national currencies all depend on the same logic of money.


Book
Commodity prices and exchange rate volatility
Authors: ---
ISBN: 1475511027 1475505167 1475559569 1475563507 9781475511024 9781475563504 9781475505160 9781475505160 9781475559569 Year: 2012 Volume: WP/12/168 Publisher: [Washington, D.C.] International Monetary Fund

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We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is that prior to capital account liberalization the causality runs from South African Rand to gold price volatility but the causality runs the other way around for the post-liberalization period. These findings suggest that gold price volatility plays a key role in explaining both the excessive exchange rate volatility and current disproportionate share of speculative (short-run) inflows that South Africa has been coping with since the opening up of its capital account.

The monetary history of gold : a documentary history, 1660-1999
Author:
ISBN: 1315476134 1315476118 1781446342 1851967850 1315476126 9781315476117 9781851967858 9781315476131 9781315476100 Year: 2016 Publisher: London ; New York : Routledge,

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This title presents a collection of documents relating to the monetary history of gold from the 17th century up to the present, covering specifically the rise of the gold standard, its heyday, and the period following.

The Fund Agreement in the Court, Vol. IV
Author:
ISBN: 9781455290048 1455290041 1557751307 9781557751300 1462373453 1455266922 1283537257 9786613849700 Year: 1989 Publisher: Washington, D.C. : International Monetary Fund,

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Written by Joseph Gold, former General Counsel and now Senior Consultant at the IMF, these volumes contain discussions of the ever-increasing body of cases in which the Articles have had bearing on issues before the courts.


Book
Implementing AML/CFT measures in the precious minerals sector
Authors: --- --- ---
ISBN: 9781498338035 1498338038 1484326474 9781484326473 1498327451 9781498327459 1498332323 9781498332323 Year: 2014 Publisher: [Washington, D.C.]

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The trade in precious metals and stones has been linked to illicit financial flows, corruption, smuggling, drug trafficking, illicit arms trafficking, and the financing of terrorism. In addition, the extraction of precious minerals and the subsequent trade in these resources, if properly managed, present significant revenue opportunities, particularly for countries facing development needs. Building on staff expertise in anti-money laundering and combating the financing of terrorism (AML/CFT) and technical support and analytical advice on the management of natural resources, this note is a reference guide to aid countries in using the AML/CFT framework to help combat crime related to and affecting the precious minerals sector while raising revenue.

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