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Katie Edwards

Gold price not in a bubble | China business news - 0 views

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    The China Business news reports about the increasing gold prices of China. The elasticity of the product is going to be incredibly low and inelastic because gold is so unique. Of course there are faux-gold substitues, however gold is the real deal. Having a shortage of gold, combined with economic uncertainty, means that the #3 gold producer's prices may continue to change.
Katie Edwards

Business Line : Industry & Economy News : High gold imports hurting balance of payments: Gokarn - 0 views

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    A lot of movement in the reserve assets component of the financial account in India is causing stress for the balance fo payments. Demand for gold is increasing, and because of great returns on investment and the affinity for gold in India, demand is increasing. The determinants of demand are highly responsible for maintaining this instability in current account deficit and "stress on the system" for the Reserve Bank of India.
Dan Call

Demand - 2 views

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    This is an article from China earlier in the year, talking about how the demand for gold related items has grown rapidly over a short period of time. It is obviously very relevant to the topic this week as it talks about the markets demand for a scarce product, which will have a big impact on the product supply & demand curve.
Monique T

A Gold Rush of Subsidies in the Search for Clean Energy | NYTimes.com - 0 views

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    This article describes the vast amounts of subsidies that are available to companies providing renewable energy sources in the United States. The government decided to provide subsidies for these projects because it felt that they were necessary for the environmental health of the country, however some people believe that the government provided too much unnecessary money in this situation.
Sebastian van Winkel

xbox live price hike a higher cost for microsoft - 3 views

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    This article is about the fact that microsoft increased the price of their xbox live. This is a "subscription" so that you can play online, with friends and people all around the world, and the price has increased. I don't think that less people will buy it though. It was $50, now it's $60. People who really want to play online were willing to pay $50 so i don't think these $10 will make a change.
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    In a way this makes microsoft out to be a bad comapny. It talks about how they have almost conned people into the purchase of the console, and how they can then determine the price of the xbox live. But, the customers are buying the console, in the knowledge that the price of the live play is not constant and can rise dependent on what microsoft feel is correct. Microsoft have tried to counter the price rise, with a reduced price in the common, years to try and deflect from the annual incraese in price that they are putting in place.
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