ABBYYVIDEOShttp://gdata.youtube.com/feeds/api/users/ABBYYVIDEOSTechABBYY: Leading Technology Innovation
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Iran’s scientific progress no propaganda at all. Iranian researchers and scientists say it’s the fact on the ground plus the International Scopus bibliographic database that says science production in Iran is one of the fastest in the world, even preceding those of Switzerland and Sweden.
The statistics published by the International Scopus bibliographic database, which contains abstracts and citations for academic journal articles, say Iran ranks first in the Middle East and 20th in the world in scientific progress and science production respectively. Iranian scientists back the newly-published report, which says those that precede Iran are Britain, Germany, China and Japan.
Iran has made great strides in medicine, aerospace, nuclear science, stem cell, cloning research, industry, and energy. With the help of a research reactor in Tehran, the country produces 15 types of anti-cancer drugs and radio-medicines, produced only by a handful of pharmaceutical firms in the West.
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SILVER & GOLD CRASH – Dump SILVER & GOLD & Get Into a Rock Solid ZIMBABWE DOLLAR Paper Asset
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time to dump gold from your portfolio?
After giving fabulous returns for nearly a decade, gold has done the unthinkable. It has actually declined in the past six months and is currently trading at nearly 10% below its 52-week high of Rs 32,950 for 10 gram. This is the domestic price of gold, which has been buoyed by the depreciation of the rupee against the dollar. In dollar terms, gold has not generated meaningful returns in the past two years (see chart).
Surprisingly, this has happened at a time when global cues should point to higher gold prices. The Eurozone is stumbling from one crisis to another, but the Cyprus debacle didn’t do much for gold. Even the recent sabre rattling by the nuclear-armed North Korea hasn’t boosted gold prices, raising questions whether the precious metal has lost its traditional status of a safe haven during uncertain times.
What has turned this safe avenue into a loss-making investment? The main reason for gold’s short-term weakness is the rise of the dollar due to the economic crisis in Europe. The dollar has also moved up on the hopes that the US economy is emerging from its crises, which could nudge the Federal Reserve to withdraw the stimulus package earlier than expected.
Gold futures sank another $50 plus on Monday, deepening their descent after entering bear-market territory last week, and prices for industrial metal copper also slumped following economic data from China that fell short of expectations.
Gold for June delivery GCM3 -3.21% tumbled $61.70, or 4.1%, to $1,440.10 an ounce during Asian trading hours. Gold last week lost 4.7%.
The losses roughly matched gold’s heavy drop on Friday, when it lost $63.50, or 4.1%, to $1,501.40 an ounce on the Comex division of the New York Mercantile Exchange. Friday’s settlement price marked a 20.5% drop for the most-active contract from the record high settlement of $1,888.70 an ounce reached on Aug. 22, 2011.
Traders and analysts have cited numerous reasons for gold’s breakdown.
Sentiment has suffered due to recent cuts to price forecasts for the precious metal and outflows from gold exchange-traded products. Among those calls, Goldman Sachs, last week lowered its average gold-price forecast for 2013 to $1,545 an ounce, a level it took out last Friday.
Shamu said gold’s tumble has largely been blamed on potential central-bank sales to shore up fiscal shortfalls. “This is after ECB President Mario Draghi put pressure on Cyprus to sell its excess gold reserves to help fund the bailout and plug a €6 billion gap. Although Cyprus is yet to decide how it’ll fund the gap, these comments have rattled investors and caused the sell-off.”
The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the official currency of Zimbabwe from 1980 to 12 April 2009.
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Although the dollar was considered to be among the highest-valued currency units when it was introduced in 1980 to replace the Rhodesian dollar at par, political turmoil and hyperinflation rapidly eroded the value of the Zimbabwe dollar to become one of the least valued currency units in the world, undergoing three redenominations, with high face value paper denominations including a $100 trillion banknote (1014). The third redenomination produced the “fourth dollar” (ZWL), which was worth 1 trillion ZWR (third dollar), or 1025 ZWD (first dollar).
Despite attempts to control inflation by legislation, and three redenominations (in 2006, 2008 and 2009), use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009.  This was a result of the Reserve Bank of Zimbabwe legalising use of foreign currencies for transactions in January 2009.
Currencies such as the South African rand, Botswana pula, pound sterling, euro, and the United States dollar are now used for all transactions in Zimbabwe; the policy of the government of Zimbabwe has insisted that any attempts to reintroduce Zimbabwean currency should be considered only if industrial output improved
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Laszlo Bock, of Google, George Halvorson, of Kaiser Permanente, and Mary Humiston, of Applied Materials, discuss ways to create a truly creative company at The Economist’s Ideas Economy: Innovation Forum on March 28th 2013 in Berkeley, California. The session was moderated by Martin Giles, The Economist’s US technology correspondent.
For more about Economist Events, visit: http://econ.st/ZaP1jf
Duration : 0:30:58
today’s note「Science History Literature」kunihirokazuki
今日の音「サイエンス history 文学」国広和毅
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