Archives for June, 2014

Why Australia’s Mining and Banking system is about to fall off its own fiscal cliff
Australia’s miracle economy is fast diminishing, the recovery of the USD in comparison is a glimpse into the state of country’s current economic situation. China has been indirectly supporting Australias economy since the GFC with iron ore supply from the main two mining companies down under. Little else in the Australian economy is growing, and while most business is making ...more»
Introduction To Gold : Troy Ounces, Ounces, Carat and Fineness.
In most situations, when people mention the weight of gold in ounces, they are referring to troy ounces which are not the same as the standard ounces of weight. Troy ounces are specifically used to measure the weights of precious metals in particular (gold, silver, palladium, platinum, and etcetera) whereas goods such as sugar and coffee are measured in standard ounces. Now ...more»