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  • Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or safe haven against any economic, political, social, or fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and
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current gold price - The Rise
The Rise of Nuclear Iran: How Tehran Defies the West
The Rise of Nuclear Iran: How Tehran Defies the West
Former U.N. Ambassador Dore Gold shows why engaging Iran through diplomacy is not only futile but also could be deadly. In the West, liberal politicians and pundits are calling for renewed diplomatic engagement with Iran, convinced that Tehran will respond to reason and halt its nuclear weapons program. Yet, countries have repeatedly tried diplomatic talks and utterly failed. In The Rise of Nuclear Iran, Gold examines these past failures, showing how Iran employed strategic deception and delay tactics to hide its intentions from the West. He argues that Western policymakers underestimate Iran s hostility toward us and explains why diplomacy will continue to backfire, no matter which party or president is in power.

87% (10)
Adam Gilchrist on his way to a 204 off 213 balls-Australia vs SA 1st test Johanesburgh 2002
Adam Gilchrist on his way to a 204 off 213 balls-Australia vs SA 1st test Johanesburgh 2002
Adam Gilchrist missed out on a million, but carved his way into the record books with Test cricket's quickest double century as Australia took complete control of the first Castle Lager/MTN Test match against South Africa at the Wanderers on Saturday. Gilchrist's 204 not out, which came off just 213 deliveries, enabled Australia to pulverise a depleted South African attack for a record 652 for seven before the home team wobbled to 111 for four by the close. With three days to play and the follow-on target of 453 still somewhere over the horizon, South Africa seem to be in an impossible position. After the 3-0 drubbing in Australia, many feared that the scars would still to be too fresh to have healed and, if anything, the home team's start has been worse than anything most could ever have imagined. Injuries, disorganisation and selectorial indifference have played their parts, but the basic truth of the matter is that Australia have simply overwhelmed the home team. If the first day belonged to Australia, the second day was a rout with Gilchrist and Damien Marty taking centre stage. Together they added 317 for the sixth wicket, at one point threatening the record 346 held by Sir Donald Bradman and Jack Fingleton. In the end, Martyn got out for 133, slicing Jacques Kallis down to Gary Kirsten at third man to leave the record intact. "It's best you don't tamper with those sort of records," Gilchrist said afterwards with Martyn concurring. "I don't think you want to knock The Don off," he said. It was astonishing batting reaching a climax between lunch and tea as Australia took 190 off the South African attack in fewer than 26 overs. Gilchrist, who said he had gone through patches while at the crease, was 199 at the tea break after coming within a couple of metres of hitting an advertising billboard and thereby earning himself a solid gold ingot. At the current gold price, the shot would have been worth R1,3-million to Gilchrist and his team-mates and although he said he hadn't set out deliberately to aim for the billboard, he admitted that he was aware of how close he had come. When Gilchrist reached his double-century with a four off the first ball he faced after tea, he had taken just 212 balls, eight better than the previous record held by Ian Botham. He also became only the fifth wicketkeeper to make a Test double-hundred. For much of the time, Martyn batted in Gilchrist's shadow, but he opened up for the second 50 of his hundred - which took only 37 deliveries - as the South African attack looked less and less likely to achieve a breakthrough. It was, in other words, a massacre and when Australia declared, just after Gilchrist had reached 200, they were only two short of the 654 for five made by England in the Timeless Test of 1938/39, the most runs ever conceded by South Africa. If the home side believed that it couldn't get much worse, they were mistaken. Kirsten fell to the second ball he faced, caught at slip off Glenn McGrath; Herschelle Gibbs made a streaky 34 without ever bothering to move his feet before falling lbw to Shane Warne; Kallis, who dropped Matthew Hayden on 0 and Gilchrist on 35, scarcely made up for it by managing only 3 and Neil McKenzie responded to a life given him by Steve Waugh in the gully by immediately top-edging McGrath down to fine leg. Ashwell Prince, a late replacement for Justin Ontong, has battled well for his 47, but there has been little support for him on his Test debut. Some of the batting was brainless, but the fact is that South Africa already look a well-beaten side. The question is not so much whether they can wriggle out of this game, but whether they have to stomach to contest the next two Test matches. © Cricinfo 2002
GLD PnF Potential Support/Resistance 112408
GLD PnF Potential Support/Resistance 112408
(This was originally posted around 11AM, so the SMAs are not reflective of today's move. Secondly, Bullish Percent end of day moved from 51% yesterday to 83% today. This is now in the overbought area. Although Tim may have shorted it perfectly today as it got near resistance, I would be of the mind to wait for it to lose 70 on the Bullish Percent before I shorted. This may be a more conservative approach. By the way, I am not looking to short GLD.) GLD current price is 80.75 Daily PnF potential support/resistance areas (+ or - .005%) 92.50 88.30 85 82 77.15 73.75 72.75 71.05 66.60 Average True Range Daily: 3.05 Average True Range Hourly: 1.10 Its on a daily PnF sell signal, but has had a 4 box buying reversal. It would need to get above 91.50 to go on a PnF buy signal. Its on an hourly PnF buy signal, for a 3 box selling reversal it would need to reverse below 78. Gap open overhead: 90.09 to 89.72 Gap open below: 80.45 to 78.85 Gap open below: 74.20 to 75.45 SMAs 5 75.64 ascending 10 73.84 ascending 20 73.39 ascending 50 78.73 descending 200 86.24 descending Showing strength with the current price above the 5,10, 20 and 50SMAs Precious Metals group performance: extremely poor. potential: extremely poor. GLD performance: poor. GLD potential: average. SLW is weakest issue in group. ASA is strongest issue in group. Supply/Demand: demand ascending Relative Strength: RSI 2 (short term) is overbought Momentum: Ascending; strong Money Flow: Increasing. It is being accumulated. Bullish Percent of the 20 stocks I follow is at 53%. Above 70, then losing 70 sometimes marks a reversal. Good luck! fwiw

current gold price
current gold price
Hatred's Kingdom: How Saudi Arabia Supports the New Global Terrorism
Dore Gold has the goods on Saudi Arabia, proving how it is actively supporting terrorism. Using previously unpublished documents, Gold, former Israeli Ambassador to the UN and internationally known Middle East strategy expert, pieces together the links between the current wave of global terrorism -- from the World Trade Center to Bali, Indonesia -- and the ideology of hatred taught in the schools and mosques of Saudi Arabia.

In the global search for culprits and causes in the rise of terrorism, former Israeli ambassador to the United Nations Dore Gold shines a spotlight on a nation many think of as a close ally of the United States: Saudi Arabia. As he explains in Hatred’s Kingdom: How Saudi Arabia Supports the New Global Terrorism, Gold believes that the Saudi government is greatly influenced by the Islamist sect known as Wahhabism and, he explains, that influence has lead to Saudi support of terrorism in the Middle East, Europe, the United States and around the world. The historical portion of Gold’s argument, where he traces the emergence of Muhammad ibn Abd al-Wahhab and the changing face of Saudi leadership, is admirably extensive and detailed. His modern research is a little more uneven, relying on statements by various Muslim clergy members, letters to the editors of newspapers, opinion pieces, and other evidence that is rarely damnable. Curiously, mentions of Israel and the long-standing Arab-Israeli conflict are much more infrequent than one would expect from an Israeli diplomat and scholar. But regardless of one’s opinion of Gold’s research or his alarming conclusions, the book offers something not often found in modern political nonfiction: a coherent structure, exhaustive research, and a clear and consistent perspective on the ongoing threat of terrorism. --John Moe

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