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The term goldbug is used to describe investors who are very bullish on buying the commodity gold. This practice, however, is usually associated with claims that a certain company, sector, or the entire stock market is going to crash and thus gold will be the only thing left of stable value. Goldbugs have a lot of published work, and Web articles. They are sometimes among the first people to mention a pending problem, such as a real estate bubble. While they may be right sometimes, critics contend that overall goldbugs preach doom and gloom in an attempt to persuade others to buy gold, driving up the price so they can sell the gold they have for a profit. This practice has also been alleged to occur by those who short sell a stock. Unfortunately, it can be hard to distinguish the "doom and gloom" preaching from real solid research. Investment is a term with several closely related meanings in finance and economics. ...
The word commodity is a term with distinct meanings in business and in Marxist political economy. ...
General Name, Symbol, Number Gold, Au, 79 Chemical series transition metals Group, Period, Block 11 (IB), 6, d Density, Hardness 19300 kg/m3, 2. ...
A stock market is a market for the trading of publicly held company stock and associated financial instruments (including stock options, convertibles and stock index futures). ...
Black Monday (1987) on the Dow Jones A stock market crash is a sudden dramatic loss of value of shares of stock in corporations. ...
Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ...
In finance, short selling is selling something that one does not (yet) own. ...
Recently, goldbugs have pointed to rapidly rising oil prices and the unwillingness of China to de-couple the value of its own currency (the yuan) from the US dollar as complementary rationales for purchasing and holding gold. In this view, the relative value relationships between consumable commodities and variations in industrial capacity between markets increase the likelihood of chaotic behavior in the present international economic system because modern hard currencies lack full backing by gold reserves and therefore cannot establish empirically rigorous values for goods and services. Yuan (TC:元 or 圓; SC:元 Pinyin yuán WG yüan) is, in Chinese, the base unit of a currency, for example, US dollar is Mei yuan (美元). ...
Chaos theory, in mathematics and physics, deals with the behaviour of certain nonlinear dynamical systems that (under certain conditions) exhibit the phenomenon known as chaos, most famously characterised by sensitivity to initial conditions (see butterfly effect). ...
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