Jewelry Drives the Gold Love Trade

This week, the World Gold Council (WGC) confirmed something we’d already suspected: 2010 was a remarkable year for gold. Overall demand grew by 9 percent to reach a 10-year high on increased jewelry demand, strong momentum in key Asian markets and a paradigm shift in the official sector, the WGC says.

Demand for jewelry was the biggest contributor to gold demand, accounting for 54 percent of the total. That’s a 17 percent rise despite gold prices jumping 26 percent in many currencies. Gold demand for technology increased 12 percent. Surprisingly, investment demand declined 2 percent as investment in gold ETFs dropped 45 percent. Even with the drop, 2010 was the second-highest year on record in terms of investment demand.

India led the world in gold jewelry demand with more than 745 tons. Chi

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Selling House Quickly Tips – How To Achieve A Quick House Sale

Everyone at one time or another, has had to face their finances taking a turn for the worst. The possibility of losing your home due to your financial situation could be a heavy burden. Do not fear, help is available. Where there’s an issue theres always an answer.

Sell your home fast to stop home repossession. According to a current report, low mortgage rates have actually saved many people from various financial difficulties during the recession period. But based on the economist Jonathan Davis, the house prices should be expected to fall by 30% in the next two to four years. He also warns that rates is only going to rise along with unemployment since the credit is rationed.

One of the leading factors that effects the home marketplace is the readiness of banks willing to lend funds. The home market foresees property prices stumbling much more, celebrate common sense to sell property quick. I

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My First Raised Bed Garden – The Build

Over the past few weeks I have been gathering supplies in preparation for building my first raised bed garden.  The weather has been unusually cold this winter, so I was very pleased when I woke up this morning and it was nice outside.  Time to build the raised beds!

Before I get to the pictures of the actual build – a little back story.  Several years ago I stumbled across Mel Bartholomew’s awesome book Square Foot Gardening: A New Way to Garden in Less Space with Less Work and have always wanted to give square foot gardening a shot.  Recently, I discovered Emily’s site – My Square Foot Garden – and I knew that the time had finally come.  I needed to stop procrastinating – and start planting.

Here are my first two raised beds -

Both beds are made from 2 x 8 x 4 boards, screwed together to make a box.  I also added some  braces across the bottom of both boxes, for a little extra support.

I lined the boxes with cardboard (a recommendation I’ve found on several square foot gardening website) and then added a mixture of peat moss, perlite, vermiculite, and compost.  As you can see, I still need to add a bit more “soil” to both boxes.  I really didn’t know exactly how much soil I would need – and I underestimated.  I’ll fill them up tomorrow.

Here are the two boxes, side by side -

I left enough room between the two boxes for the lawnmower to pass.  (Please forgive the shade, but I took the pictures around five in the evening and we have tall trees in our side yard.)

The boxes are located in close proximity to our new compost bin.  Unfortunately, the compost bin is only a few weeks old, so I had to purchase compost at the hardware store.  Next year, I should have my own, homemade compost to use.

The 2 boards (which were originally 16 feet long) cost about $16 each.  The soil ingredients were roughly $40 dollars, so both beds cost an estimated $80 to make.  I used 3 cubic feet of peat moss, 4 big bags of compost (sorry, I didn’t get the information from the bags and have already disposed of them) and a small bag of both vermiculite and perlite.


Get Out of Credit Card Debt in 3 Years or Less

New credit card rules went into effect in 2010, requiring that your monthly credit card statement include important information about how long it will take you to get out of debt if you only pay the minimum payment and what payment you need to make to rid yourself of the balance in three years. This information is included on your statement for your benefit; use it to your advantage to help you put together an actionable “get out of debt” plan for the next three years.

Gather Credit Card Statements

The first step in getting out of debt is to face the debt. Gather each of your credit card statements. Identify the monthly payment amount you need to make on each credit card to pay it off in three years and write it down. Add up each of the payments to get the total figure you have to deal with on a monthly basis to finally get rid of your credit card debt for good.

The second step in creating your debt payoff plan ising to terms with paying off your credit card debt. You have to

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Calculating the Misery of Inflation

I was, unfortunately, sober enough to realize that I needed to get a lot drunker if I was going to withstand the horror of reading of even more economic fallout of the Federal Reserve’s disastrous decisions to create So Freaking Much Money (SFMM).

In particular, Michael Pento, in an essay in the Euro Pacific’s Weekly Digest newsletter, writes, “For the year 2010, the trade gap surged 43%, which was the biggest jump in a decade, as our government’s efforts to reignite consumer borrowing and spending led to a record number of imported consumer goods.”

I wince and moan, devastated by the very concept of a trade gap jumping by almost half in One Freaking Year (OFY), a situation where we bought more from foreigners than we sold to foreigners, thus many of the Fed’s trillions of new dollars flowed out of the US and into the world economy where it would produce its inflationary havoc, QED.

Mr. Pento is al

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