African Gold
Posted in Uncategorized on 03/20/2010 12:25 pm by admin
African Gold
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The South African rand was the world's second best performing currency in 2009. The rand rallied 28% versus the US dollar. In addition, the South African rand paid out 7% in interest income. In a leveraged forex account, that's 700% in leveraged interest income alone.
King of Bling
South Africa is the King of Bling. It is among the world's leading exporters of gold, diamonds, platinum, palladium, silver, ferrachrome, maganese, and gemstones.
As bling prices go up, so does the South African rand. As platinum and gold prices appreciated in 2009,the rand and the Australian dollar (AUD) soared along with them. Like South Africa, Australia is a leading gold miner.
The outstanding performances by gold, the South African rand, and the Australian dollar were not a coincidence. South Africa holds the world's largest gold reserves, estimated at 40% of the world's total. Australia is currently the world's leading exporter of gold. As a result, the rand's and AUD price moves in tandem with gold prices. One study found the ten-year price correlation was in excess of 80%
Better than owning Gold
When bullish on gold, I prefer owning the South African rand and the Australian dollar versus owning gold for the following reasons:
Leveraged Interest Income: Leveraged interest income is a beautiful thing. You deposit $1,000 with your forex broker. With that deposit you purchase a standard $100,000 South African rand currency position. The South African rand pays 7% interest on the $100,000 currency position. If the rate remains unchanged for a full year, you can earn $7,000 in interest income on your $1,000 original investment.
Leveraged Appreciation: This one can work for good or bad. In 2009, when the South African rand appreciated 28%, that was roughly a $28,000 profit on your leveraged position. Add that to your $7,000 in leveraged interest income, and you could have earned $35,000 on a $1,000 investment. Conversely, if gold prices and the South African rand would have fallen 28% in 2009, your leveraged position would have lost $28,000 less your $7,000 in interest income for a net loss of $21,000. Since you had deposited only $1,000 in your account, your account would have went into debit, except for your no-debit guarantee.
No-Debit Guarantee: Like leveraged interest income, the no debit guarantee is a beautiful thing. The no debit guarantee turns the two-edged sword of leverage into a superior speculative investment structure that resembles a limited-risk long call option position. You have unlimited upside from the rand's leveraged appreciation and interest income. But your downside loss is limited to the amount of your deposit in your forex account.
Choice of Funding Currency: When you buy stocks, gold, or other assets you pay with USD. When you buy a currency, you pay for it with the currency of your choosing. To buy the rand (ZAR), you can sell USD/ZAR or you can sell EUR/ZAR, or JYP/ZAR. You can greatly enhance your return by choosing the weakest currency. In 2009, the USD was the biggest dog. So far in 2010, its the EUR-this pig has fallen almost 10% in the last month alone. So even if the rand does not have a good year, you can earn great returns by purchasing it with a weaker currency.
Although the South African Rand pays higher interest and continues to outperform the Australian Dollar, if you are betting on higher gold prices, you should own both currencies. The diversification reduces your exposure to country specific risk (earthquakes, national strikes, etc).
David Driver
Chief investment Officer
http://www.visionaryforex.com
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African Gold $19 Download the African Gold font for Mac or Windows in OpenType, TrueType or PostScript format. |
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The Rough Guide To West African Gold $4.99 The Rough Guide To West African Gold |
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African Barrick Gold $43.67 High Quality Content by WIKIPEDIA articles African Barrick Gold plc is a gold mining business operating in Tanzania. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The business was established as a unit of Barrick Gold when that company started mining in Tanzania in 2000. It was floated off by Barrick Gold and first listed on the London Stock Exchange in 2010. Barrick's involvement in Tanzania begun in 1999, when the company purchased the Bulyanhulu property as part of its acquisition of Sutton Resources Ltd. Barrick then acquired Buzwagi and Tulawaka as part of its acquisition of Pangea Goldfields Inc. in 2000. Finally, in 2006, Barrick acquired North Mara, when it took over Placer Dome. In the financial year 2009, the ABG's four operations produced a combined amount of 716,000 attributable ounces of gold, a 31.5% increase from 2008. |
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A South African Miner Drives a Drill into Veins of Gold Ore on the South African Rand $24.99 A South African Miner Drives a Drill into Veins of Gold Ore on the South African Rand - Photographic Print |
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African Gold Ornament Designs $9.94 Gold jewelry, regalia and ritual objects of North and West Africa. |
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African Beginnings $3.95 The debut title in the acclaimed From African Beginnings series explores the complex and fascinating history of Africa's most ancient--and advanced--civilizations. Coretta Scott King Award winner James Haskins and Kathleen Benson take readers back in time to visit the kingdoms of Kush, whose black pharaohs ruled Egypt for nearly a century; Ghana, where between A.D. 450 and 1230 more gold was traded than anywhere else in the world; and many others. Lush illustrations by Coretta Scott King Honor artist Floyd Cooper evoke the richly layered heritage of the African continent and its people and how they made a powerful impact on world history. Look for the companion books, "Bound for America" and "Building a new Land," in your local library. |
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Black Gold African Violet Mix 4 quart: HY $4.11 Black Gold African Violet Mix 4 dry quarts Finicky African Violets feel right at home in this balanced blend that provides the optimal rich and porous medium for growing beautiful foliage and flowers. The mix that African Violets would ask for by name. Use in planting or transplanting all varieties of African Violets. |
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Devon Leigh Nature's Wonders African Turquoise in 24k Gold Foil Earrings $315 African turquoise wrapped in 24k gold foil, on 14k gold fill ear wire African turquoise color varies due to natural stones. Store in dry, covered place. Made in United States |
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Close View of a Purple African Lily Flower $39.99 Stacy Gold Close View of a Purple African Lily Flower - Photographic Print |
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The A to Z of African American Theater $39.78 African American Theater is a vibrant and unique entity enriched by ancient Egyptian rituals, West African folklore, and European theatrical practices. A continuum of African folk traditions, it combines storytelling, mythology, rituals, music, song, and dance with ancestor worship from ancient times to the present. It afforded black artists a cultural gold mine to celebrate what it was like to be an African American in The New World. The A to Z of African American Theater celebrates nearly 200 years of black theater in the United States, identifying representative African American theater-producing organizations and chronicling their contributions to the field from its birth in 1816 to the present. This is done through a chronology, an introductory essay, a bibliography, and over 500 cross-referenced dictionary entries on actors, directors, playwrights, plays, theater producing organizations, themes, locations, and theater movements and awards. |
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African Americans on the Western Frontier $3.94 During the last half of the nineteenth century, several thousand African Americans moved to the American western frontier. Before the Civil War, some went west to California as slaves of gold miners and to Utah as slaves of Mormons. Later, free black men joined the U.S. Army and served in frontier outposts, while others were hired on as cowboys on western ranches and cattle trails. Once Reconstruction ended in the South, discrimination and segregation caused more African Americans to seek better opportunities where prejudice was less evident. The significant role played by African Americans in the settlement and development of the West has largely been ignored and neglected until now. African Americans on the Western Frontier remedies that historic neglect with fifteen essays that explore the contributions that African American men and women made to the western frontier -- as miners, homesteaders, town builders, entrepreneurs, and as ordinary, civic-minded citizens. |
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Wendy Mink Brights African Glass Hoop Earrings $98 Hoop wrapped with African glass 14k gold-filled wire frame African glass will vary in size and shape due to hand-made nature Made in USA |
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African Americans of Denver $21.45 The city of Denver was born during the great aPikes Peak or Busta gold rush of 1859 when flakes of placer gold were found where the South Platte River meets Cherry Creek. With the discovery of more gold, Denver became a boomtown, and African American pioneers began to arrive in search of prosperity and a better future. Initially, Denveras African Americans lived scattered throughout the city and in the Cherry Creek area. By the late 1890s, most had relocated to the Five Points Neighborhood. Many worked in Denver during the week and farmed their homesteads in Dearfield on the weekends. They often spent their holidays at Winks Lodge and summers at Camp Nizhone. |
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Wendy Mink Out of Africa Mixed African Necklace $198 Necklace with painted African bead, African glass and 18k gold plated African bead African beads are hand painted and may vary slightly Strung on thick suede strand Proudly hand-made in Tribeca New York Made in United States |
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Labour in the South African Gold Mines 1911 1969 $35.98 The main theme of this 1972 book, the determination of wages, is introduced by a historical analysis of the labour market in the mines and an examination of the economics and financial structure of the gold mining industry. Dr Wilson believes that successive South African governments used the gold mining industry when planning labour policies, so that the mines' labour strategy exerted a profound influence on the social and economic structure of South Africa. The author shows how collusion between the mining groups enabled them to hold down black wages so effectively that in real terms African miners' wages were likely lower at the time of this book's publication than they were in 1911. The strong bargaining position occupied by white miners allowed them to be the sole beneficiaries of increases in productivity, so that the distribution of income would become more unequal over time. |
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Alex Woo African Cats Large 14k Yellow Gold Pendant, 18 $2298 In celebration of DisneyNature's "African Cats" film and the 50th anniversary of the African Wildlife Foundation, Alex Woo designed a special pendant which captures the true beauty and essence of African wildlife. The African Cats Large Pendant shows the captivating story of the inseparable connection between a mother and their young, depicted in a detailed and majestic scene set in the African horizon. Like the regal cats that fill the savannas, all mothers know what it's like to go through life sacrificing themselves in order to ensure the protection of their children. In this hand sculpted 14k yellow gold design, the mother cat gazes into the horizon for looming harm and the baby cub looks up to her mother to shield and protect her from the dangers of the wild. 20% of the proceeds from this pendant will benefit the African Wildlife Foundation whose efforts are in continuatl conservation of the African wildlife and wetlands. |
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Alex Woo African Cats 14k Yellow Gold Disc Pendant, 18 $878 In celebration of DisneyNature's "African Cats" film and the 50th anniversary of the African Wildlife Foundation, Alex Woo designed a special pendant which captures the true beauty and essence of African wildlife. The African Cats Small Pendant shows the captivating story of the inseparable connection between a mother and their young, depicted in a detailed and majestic scene set in the African horizon. Like the regal cats that fill the savannas, all mothers know what it's like to go through life sacrificing themselves in order to ensure the protection of their children. In this hand sculpted 14k yellow gold design, the mother cat gazes into the horizon for looming harm and the baby cub looks up to her mother to shield and protect her from the dangers of the wild. 20% of the proceeds from this pendant will benefit the African Wildlife Foundation whose efforts are in continuatl conservation of the African wildlife and wetlands. |
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Close View of Purple African Violets, Washington, D.C. $34.99 Stacy Gold Close View of Purple African Violets, Washington, D.C. - Photographic Print |
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Close View of a Purple African Violet, Washington, D.C. $34.99 Stacy Gold Close View of a Purple African Violet, Washington, D.C. - Photographic Print |
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African Americans of San Francisco $17.54 Beginning in the 1840s, black men and women heard the call to go west, migrating to California in search of gold, independence, freedom, and land to call their own. By the mid-1850s, a lively African American community had taken root in San Francisco. Churches and businesses were established, schools were built, newspapers were published, and aid societies were formed. For the next century, the history of San Francisco's African American community mirrored the nation's slow progress toward integration with triumphs and setbacks depicted in images of schools, churches, protest movements, business successes, and political struggles. |
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African american Stein by CafePress $20 Heft a cold one in this 22 oz. ceramic stein with gold trim. A great usable alternative to the trophy. Make any day Oktoberfest whether with this impressive stein on the shelf or in-hand. CheersMeasures 6.75 tall, 3.75 diameter base, 3 di African american Stein Heft a cold one in this 22 oz. ceramic stein with gold trim. A great usable alternative to the trophy. Make any day Oktoberfest whether with this impressive stein on the shelf or in-hand. CheersMeasures 6.75 tall, 3.75 diameter base, 3 di |
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Wendy Mink Brights African Glass Teardrop Earrings $98 Teardrop earring with yellow and orange African glass 14k gold-filled wire frame African glass will vary in size and shape due to hand-made nature Vermeil ear wire Made in USA |
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4.00ct t.w. African Ruby, 1.15ct t.w. Diamond Earrings In Gold $1646.25 Luscious African rubies of 4.00 ct. t.w. are sugared with 1.15 ct. t.w. diamonds. Hinged posts, 14kt white gold earrings. Ruby birthstones are the perfect gift for July birthdays. |
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14K Yellow Gold African Wedding Band $308.23 This 14k yellow gold african wedding band is casted keeping in mind the ring should be smooth and easy to wear on a daily basis. Wedding bands are usually available in different ring sizes and millimeter widths. This band may also be also available in other metal types such as gold, platinum, titanium, sterling silver, stainless steel and rubber. This 14k yellow gold ring makes a great addition to any jewelry collection and can be worn on different occasions. The total metal weight of this ring is 2.97 grams. This ring is part of our bands collection of jewelry.If this item is not immediately available, you will be contacted with 48 business hours with other options.Do you need this ring in a different metal or different carat weight? No problem. Contact us at Service@DivaDiamonds.net and let us know. We may have this item availble in metals such as Sterling Silver, 10K Gold, 14K Gold, 18K Gold and Platinum.This is DivaDiamonds.net item number 5170:6309.If this item is Brand: DivaDiamonds Occasion: Birthday Resizable: Yes Adjustable: Yes Size/Dimensions: 6 Metal Stamp: 14 kt Gift Box: Gift Box Shape: Round Oval |
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African Gold By Garrard, Timothy F. $47.52 Author: Garrard, Timothy F./ Ferrazzini, PierreAlain (PHT) Subtitle: Jewellery and Ornaments from Ghana, Cote Dlvoire, Mali and Senegal in the Collection of Teh Gold of Africa Barbiermueller Museum in Cape Town Publication Date: 2011/06/27 Number of Pages: 247 Binding Type: Hardcover Language: English Depth: 1.25 Width: 7.50 Height: 9.25 |
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African American History: The Inventors $39.95 This collection is a teacher's gold mine! It's a teaching tool and a mini-musical! African American History: “The Inventors” promises to be the first in a series of musical collections celebrating African American historical figures. Chronicling the lives and achievements of four famous African American inventors, this collection contains songs that may be used individually or together as a mini-musical any time of year. There are learning activities and games for each inventor, and the rhyming narratives that precede each song make memorizing facts a breeze. The songs are short and to the point, with a variety of styles from “Tick-Tock Boogie” to “Shoes Blues”. “Traffic Light” is a '50s style ballad, and you better hold on to your hat for “Ridin' On the Amtrak”. Can you guess the inventions? Don't miss this opportunity for music education in your elementary music room or classroom. Choreogr Height: 1 Width: 0 Weight: 0.52 |
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Alex Woo African Cats Small 14k Yellow Gold Pendant, 18 $1098 Alex Woo continues to commemorate DisneyNature's "African Cats" film and the 50th anniversary of the African Wildlife Foundation through an alternate design that captures the same essence found in the African Cats Pendant. The solid sterling silver disc has a stylized, etched design featuring the strongest components found in the original version. Imprinted in the disc is a mother cat looking out into the African horizons as her baby cub looks up to her for protection, with the Acadian tree from the African landscape in the background. When all of the elements are strung together, the story of motherhood and the unbreakable bond with one's children is illustrated in this inpirational disc. 20% of the proceeds will benefit the African Wildlife Foundation whose efforts are in continual conservation of the African wildlife and wetlands. |
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African Native Worker Pouring Fine Gold into Cast Iron Molds at Rand Refinery Near Johannesburg $79.99 African Native Worker Pouring Fine Gold into Cast Iron Molds at Rand Refinery Near Johannesburg - Premium Photographic Print |
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African Women, from Gold Coast, Both Presbyterians, Examine a Medieval Painting in the Ryksmuseum $79.99 African Women, from Gold Coast, Both Presbyterians, Examine a Medieval Painting in the Ryksmuseum - Premium Photographic Print |
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African Native Worker Pouring Firt Melting of Raw Gold Bullion into a Crucible at Rand Refinery $79.99 African Native Worker Pouring Firt Melting of Raw Gold Bullion into a Crucible at Rand Refinery - Premium Photographic Print |
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Wonders of the African World $23.92 The Companion Volume to the PBS Television Series Wonders of the African World is an exuberant, visually stunning journey across Africa and through the history of its glorious but forgotten civilizations. Traveling by camel, by dhow, by Land Cruiser, and on foot, the renowned scholar Henry Louis Gates, Jr., takes us to twelve countries in search of Africa's magnificent past, the now neglected civilizations that in their day were as grand and sophisticated as any on the face of the earth. From Nubia's ancient empire, which for a time ruled Egypt and centuries before had established the earliest known African city, to the fabled town of Timbuktu, where during the medieval period there thrived a center of scholars that rivaled any in Europe and where books were as prized as gold, to Ethiopia's Christian kingdom, where the Lost Ark of the Covenant is said to reside under perpetual vigil, Gates reveals an Africa little known to Westerners. And as he shows us the achievements that exploiters of the continent have ignored or denied for centuries, he introduces us as well to the fascinating variety of modern-day Africans, many of whom are descended from the great peoples who built Africa's most formidable cultures, including the Asante, the Swahili, the Tuareg, and the Shona. As Gates's compelling narrative shows, the continent's past continues to be felt in the lives of many Africans today. And in America for the descendants of those brought here as slaves, that past has been a controversial inheritance, passionately embraced by some, fiercely rejected by others. For this reason, Gates's deeply personal account of discovery is charged throughout by a question posed by Countee Cullen in his 1925 poem "Heritage" and perennially asked by African Americans: What is Africa to me? Finally, though, it is the wisdom of this book that the legacy of Africa, no less than that of Greece or Rome, belongs to all the world's civilized peoples. Illustrated with spectacular full-page photographs specially commissioned from the internationally acclaimed Lynn Davis, Wonders of the African World is Africa as we have never known or seen it before. With 66 photographs by Lynn Davis, 132 illustrations in black-and-white and full color, and 7 full-color maps |
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African Royal Court Art $14.88 In this visually stunning work, anthropologist Michele Coquet presents the power and the brilliance of African court arts. Grounding her analysis in the social and historical context of traditional royalty systems, Coquet examines the diverse roles played by artisans, nobles, and kings in the production and use of royal objects. From the precolonial kingdoms of the Edo and the Yoruba, the Ashanti and the Igbo, Coquet reconstructs from a comparativist view the essential cultural connections between art, representation, and the king. More than ornamentation, royal objects embodied the strength and status of African rulers. The gold-plated stools of the Ashanti, the delicately carved ivory bracelets of the Edo-these objects were meant not simply to adorn but to affirm and enhance the power and prestige of the wearer. Unlike the abstract style frequently seen in African ritual art, realism became manifest in courtly arts. Realism directly linked the symbolic value of the object-a portrait or relief-with the physical person of the king. The contours of the monarch's face, his political and military exploits rendered on palace walls, became visual histories, the work of art in essence corroborating the ruler's sovereign might. Richly illustrated and wonderfully detailed, Coquet's influential volume offers both a splendid visual presentation and an authoritative analysis of African royal arts. " This] beautiful and exciting book emphasizes the skillful court art of the Benin, Dahomey, and the Kongo. A very interesting and unusual approach to the art of the continent that has been too easily situated 'outside of history.'"--"Le Figaro" |
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Migration, Mining, and the African Diaspora $85 From the late 1800s, African workers migrated to the mineral-rich hinterland areas of Guyana, mined gold, diamonds, and bauxite; diversified the country's economy; and contributed to national development. Utilizing real estate, financial, and death records, as well as oral accounts of the labor migrants along with colonial officials and mining companies' information stored in National Archives in Guyana, Great Britain, and the U.S. Library of Congress, the study situates miners into the historical structure of the country's economic development. It analyzes the workers attraction to mining from agriculture, their concepts of "order and progress," and how they shaped their lives in positive ways rather than becoming mere victims of colonialism. In this contentious plantation society plagued by adversarial relations between the economic elites and the laboring class, in addition to producing the strategically important bauxite for the aviation era of World Wars I & II, for almost a century the workers braved the ecologically hostile and sometimes deadly environments of the gold and diamond fields in the quest for El Dorado in Guyana. |
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Renee Garvey 10k Gold Amazonite and African Quartz Thick Bangle Bracelet $466 Hammered 10k heavy gauge gold bangle with smooth gem quality amazonite Paired with antique African quartz and a Tahitian keshi pearl ranging from 4-7mm All stones move freely around the bangle. This bangle has a polished finish African quartz and keshi vary slightly in size and shape Hand made in the United States |
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8.50ct African Ruby, 1.00ct t.w. Diamond Ring In 14kt White Gold $2021.25 Our sensational 8.50 carat oval African ruby and 1.00 ct. t.w. diamond ring has a lush, saturated hue that will simply amaze you. 14kt white gold ring. Ruby birthstones are the perfect gift for July birthdays. |


US $39.52






























































































