Go Ask Alice Essay Example For Students

Go Ask Alice Essay The tale, Go Ask Alice, is fundamentally around a 15-year old young lady who surrenders herself to drugs. From the start she is enamored with Roger and originates from a caring home, but on the other hand is exceptionally inquisitive about medications. She winds up fleeing, which didn’t last, returns home in the nick of time for Christmas, clean of medications, fires up again and flees. After all that she experiences, she loses her grandparents in the timespan of two months, and winds up in a psychological establishment. After she argues that it was just a mishap she at last gets the chance to return home. Toward the end she chooses not to keep a journal any longer and she passed on three weeks after the fact of an overdose. Centrality of the Title: In my own assessment, I accept that the title, Go Ask Alice, implies that you can get some information about medications in the event that you are interested. When you learn of her mix-ups, perhaps you won’t emulate her example and ruin your life, similar to a large number of adolescents do each year, by finding out about what befell her when she was interested about utilizing drugs and what they would accomplish for her. In her journal, I accept she is attempting to disclose to us that medications are not the response to taking care of your issues. Impressions and Changes in the Main Character: My initial introduction of the storyteller was that she was a sweet, gifted young lady. It appeared as if she had it every one of the; an adoring, caring family, incredible companions, and afterward it occurred. When she attempted the medications was the point at which her entire life and character changed totally. She wound up in the psychological organization by stumbling out, just it was coincidentally and at long last, she lost her life. Vital Passage: There were a ton of paramount sections that I will recollect from this story, however one that I will consistently convey with me would need to be the accompanying entry: â€Å"December 3 †Last night was the most exceedingly terrible night of my? it was no big surprise he was wild. † Pages 67 †68. That established an extraordinary connection with me. Believing that in the event that I were anyplace near exposing myself to this sort of catastrophe, I will recall this entry consistently. Essentialness of Reading This Story: One of the disclosures that I learned in the story was that a thousand adolescents kick the bucket every year by exposing themselves to drugs. Additionally, I discovered that exposing yourself to medications won't tackle any of your issues. One change in my life is that now I realize I won't ever left myself alone even a tiny bit keen on drugs, not regardless of whether my life is gone to nothing. My folks have revealed to me that young people are continually ready to attempt new things, and all the time, it occurs. With drugs being the point here, I do accept that I will never let myself at any point be even a tiny bit intrigued. This book truly had nothing illuminating. It was dismal and severe. One insistence I made subsequent to perusing this book is that teenagers will be interested about anything. Some of them will be interested about medications when they don't have anything else going for them. After they start, figuring things will show signs of improvement, they will in reality just deteriorate. In this, taking everything into account, I accept that medications are not a response to any supplications. In time, your life will possibly deteriorate in the event that you subject yourself to utilizing drugs.

Reporting Forensic Evidence Research Paper Example | Topics and Well Written Essays - 1000 words

Revealing Forensic Evidence - Research Paper Example Consequently, the report should be increasingly formal for clear introduction. For example, in the report of the examination that includes a gathering of criminal endeavor, a thorough report is to be created. In this manner, the legal specialists can apply the utilization of a PC to do the legal methodology. PC legal is in this way the usage of the PC applications and furthermore investigation for the revelation of any lawful proof engaged with the field of legal sciences. The utilization of the PC to rehearse the measurable examinations empowers a fast distinguishing proof and catch of the potential criminal using imperative information in the PC (Stauffer and Bonfanti, 2006). During the legal examination process, a portion of the things that were cultivated are the way toward get-together the basic subtleties of the potential suspects. This must be accomplished when the measurable examiners are properly allowed a warrant. This warrant permits them to do the criminological examinati on systems with no cutoff points. In this way, the specialists initially should get a legitimate warrant from the position to empower them get to any type of data from people. Besides, the proof got by the specialist must not be meddled with. For example, in the PC scientific examination, the PCs must not be contacted or even moved once the rate has happened. The agents should additionally ensure the information and the framework and its parts in order to be utilized for the indictment in the court. Also, a proceeded with chain of care is kept up. In the end, during the recovery of the information of the suspects, the specialist should be incredibly cautious to maintain a strategic distance from any mutilation of information contained in the PC. Subsequently, the proof gathered by the scientific agent should meet some set prerequisites. These incorporates that the proof should be created then additionally be expertly confirmed and besides be of the best proof accessible (Stauffer an d Bonfanti, 2006). There are various kinds of frameworks that are utilized during the assessment techniques of the legal examination. The proof assembled by the specialist shifts generally. A portion of these confirmations are acquired from the PC incorporates robbery of the protected innovation; there is likewise burglary of the prized formulas. For example, the specialists can utilize the manual type of gathering measurable proof or they can utilize the PC innovation strategy in the assortment of the criminological confirmations. The PC strategy utilized in the gathering confirmations of any type of wrongdoing is the most recent created technique. This strategy is brisk and furthermore among the best system to be used. The scientific agents use the PC measurable to accumulate any legal confirmations to be used in court. For example, the proof got for hoodlums, burglary, passings, and all types of suicides (Anastasi, 2003). Also, an assortment of apparatuses are utilized by the leg al examiner during the examination procedure. In this way for a viable procedure in the scientific examination, a know it all choice should be made on the best and most significant devices to be used. This is to empower the examiner have a precise investigation of the confirmations got. These devices utilized by the examiners can likewise be made by people who are experienced. Tragically, this thought isn't grasped by numerous in light of the fact that it is difficult to

Upcoming, Decision Dates for UGA Applicants - UGA Undergraduate Admissions

Upcoming, Decision Dates for UGA Applicants - UGA Undergraduate Admissions Upcoming, Decision Dates for UGA Applicants The final two decision dates for UGA freshman applicants are now set (unless some major issue impacts our office), and the smaller February wave of decisions will be released on Friday, February 23, while the final decisions in March will be released on Friday, March 16. In addition, transfer decisions will begin being released on Friday, February 23. February Decisions UGA will offer admission to over 2,000 freshman applicants on Friday, February 23. This group of decisions is made up of only offers of admission, and if you were admitted, you will be able to see the decision on your Admission Status page (so only admitted students will see a decision change on their status page) and these admits will receive an email communication. Additionally, an admissions packet will be sent out in the mail the following week. Our office is too busy reviewing files for me to run any mid-range academic averages at this time, but the academic information should be very similar to the Early Action admitted students (it will not be exactly the same, as we had a large number of EA admits who were applying for our top scholarships, which slightly skews EA stats a little higher). Thepress release about our Early Action decisionsgives more details on the academic averages for this group. As we did in the November Early Action offers of admission, th ere will be some scholarship offers in this group, and those who have received them will see it on the status page. We will continue to offer scholarships through early April, so please be patient as we do these reviews. These admitted freshman, made up of mostly Regular Decision applicants, met the stringent academic criteria of Early Action admission that we used with our much larger wave of November admission offers. Do not panic if you are not admitted with the February group. We are still very much in the midst of carefully reviewing documents and data on a great many more files, and there are still lots of decisions to make. March Final Decisions On Friday, March 16, all final freshman decisions will be released. There will be three decision groups (Admit, Deny and Wait-List), and I will try to post some information on all three of these decisions during the week leading up to the final decision release. We will also have a small group of freshman that we will admit for the Spring 2018 term. We are still deep in the holistic read process, and I do not have any numbers on how many final admits we will make, what the statistics will look like overall, or how many students will be put on the wait-list. When we do release final decisions, I will have statistics on the overall applicant pool and admitted group the following week, but not broken out into the different release dates. After we make final decisions, we will continue to offer scholarships through early April, so please be patient as we do these reviews as well. Thank you for your patience during this review process. Transfer Applicants We have begun reviewing the Summer and Fall transfer applicants, and we will release the first group of transfer decisions on Friday, February 23. We will then continue to release transfer decisions every Friday. All applicants with a decision will receive an email alerting them to a change in their status, so you do not need to constantly check your admission status page. We generally review transfer applicants by term first (so summer decisions before fall if possible), and then roughly by the date the file becomes complete. This is not exact, as some transfer files are more complicated than others to review. As such, please do not compare application date to release dates with others, as it might vary due to other factors (included days when several hundred applications were received/completed). Go Dawgs!

Karst Topography and Sinkholes

Limestone, with its high calcium carbonate content, is easily dissolved in the acids produced by organic materials. About 10% of the earths land (and 15% of the United States) surface consists of soluble limestone, which can be easily dissolved by the weak solution of carbonic acid found in underground water. How Karst Topography Forms When limestone interacts with underground water, the water dissolves the limestone to form karst topography - an amalgamation of caves, underground channels, and a rough and bumpy ground surface. Karst topography is named for the Kras plateau region of eastern Italy and western Slovenia (Kras is Karst in German for barren land). The underground water of karst topography carves our impressive channels and caves that are susceptible to collapse from the surface. When enough limestone is eroded from underground, a sinkhole (also called a doline) may develop. Sinkholes are depressions that form when a portion of the lithosphere below is eroded away. Sinkholes Can Vary in Size Sinkholes can range in size from a few feet or meters to over 100 meters (300 feet) deep. Theyve been known to swallow cars, homes, businesses, and other structures. Sinkholes are common in Florida where theyre often caused by the loss of groundwater from pumping. A sinkhole can even collapse through the roof of an underground cavern and form whats known as a collapse sinkhole, which can become a portal into a deep underground cavern. While there are caverns located around the world, not all have been explored. Many still elude spelunkers as there is no opening to the cave from the earths surface. Karst Caves Inside karst caves, one might find a wide range of speleothems - structures created by the deposition of slowly dripping calcium carbonate solutions. Dripstones provide the point where slowly dripping water turns into stalactites (those structures which hang from the ceilings of caverns), over thousands of years which drip onto the ground, slowly forming stalagmites. When stalactites and stalagmites meet, they forum cohesive columns of rock. Tourists flock to caverns where beautiful displays of stalactites, stalagmites, columns, and other stunning images of karst topography can be seen. Karst topography forms the worlds longest cave system - the Mammoth Cave system of Kentucky is over 350 miles (560 km) long. Karst topography can also be found extensively in the Shan Plateau of China, Nullarbor Region of Australia, the Atlas Mountains of northern Africa, the Appalachian Mountains of the U.S., Belo Horizonte of Brazil, and the Carpathian Basin of Southern Europe.

Relationship Between Infant And Primary Caregiver Essay

The most significant bond of life is between the infant and primary caregiver. John Bowlby, the eminent authority, describes attachment as the natural connection between baby and mother (as cited in Alexander, 1992, p.186). Family dynamics have changed since Bowlby’s time, for this reason, the research analyzes the relationship of the infant and primary caregiver. Bowlby’s attachment theory infers that the path of these bonds lay the groundwork for future behavior, view of one’s self, and relationship with others (Colonnesi et al., 2011). Research on abuse and neglect of infants and it’s correlation to insecure attachment and the type of insecure attachment is vital to set up an early intervention protocol. Bowlby’s work on attachment theory shows infants treated well develop a secure attachment. Hence they have a good foundation for healthy self-esteem, behavior, and future relationships (Barnet, Ganiban, Cicchetti, 1991). If the infant develops an insecure bond with the caregiver, they may develop mental disturbances (Cicchetti, Ganiban, Barnett, 1991). Mary Ainsworth, Bowlby’s contemporary, applied Bowlby’s theory in her research. In 1978, Ainsworth, Blehar, Waters, and Wall, created the strange situation technique to study one year old infant attachments (as cited in Colonnesi et al., 2011, p.631). Results of their analysis led to three categories of attachment. They distinguished a secure (B), an insecure avoidant (A), and insecure ambivalent attachment (C)Show MoreRelatedAttachment Theory on Socio-Emtionals Development of Children1435 Words   |  6 Pagesmost significant theoretical schemes for understanding the socio-emotional development of children at an early stage. In addition, the theory is also developing into one of the most prominent models that guide parent-child relationships. Some of the key areas in these relationships that are guided by attachment theory include child welfare, parenting programs, daycare, head start programs, schools, and hospitals. Furthermore, attachment theory plays a crucial role as a concept that informs social workRead MoreCore Self And Reflective Self1392 Words   |  6 Pagesevolves in the context of early attachment relationship. The role of the caregiver is empathized in the development of the infant’s reflective self. The caregiver does not only take care of the infant physically but also psychologically by containing the infant’s overwhelming emotions, reflecting on the infant’s experience and representing it to the infant in a form that the infant can understand. The process mitigates the discomfort and frustration of the infant and provides an illusion that it is achievedRead More The Development of Attachment Essay1748 Words   |  7 PagesOne of the most important factors that affect child development is the relationship of the child with their primary caregiver. This is a tenet of developmental psychology known as attachment theory. John Bowlby, the creator of this theory, wanted to examine how early childhood experiences influence personality development. Attachment theory specifically examines infant’s reactions to being separated from their primary caregiver. Bowlby hypothesized that the differences in how children react to theseRead MoreHow Mother and Child Relationships Impact Adult Relationships1102 Words   |  4 Pagesparticularly within the context of mother / caregiver– child attachment and how it impacts adult attachment relationships and or patterns. There is an association between individual differences in adult attachment and the way people think about their relationships, and of what their relationships with their mothers / parents or primary caregivers are like. In other words, as adults the relationships we have with other adults are influenced by relationships we have with our parents as children. Read MoreEffects Of Maternal Separation On Children s Development1397 Words   |  6 Pagesthat a child and their parents or caregivers form plays a vital role in the child’s life. Studies were performed by John Bowlby and Mary Ainsworth to observe the effects that maternal separation had on the child’s development. The hypothesis they formed based off their observations became known as the attachment theory. The attachment theory came about on the core principle that â€Å"children brought up with consistent, loving parents or significant, reliable caregivers can develop a foundation of trustRead MoreBowlby s Evolutionary Theory Of Attachment1497 Words   |  6 Pagesconnection or relationship formed between two people, mostly between infant and its caregiver. According to Macoby (1988) attachment has four key characteristics which are: proximity; where an infant always want to stay near the attached caregiver. Separation anxiety; is when the infant is distressed wh en separated from the caregiver. Pleasure, when the infant and the caregiver feel pleasure at reunion and lastly frequent contact; where the infant is always conscious of the caregiver and desire toRead MoreThe Theory Of Attachment Theory1421 Words   |  6 Pages There are a lot of close relationship theory that are studied in social psychology but one of the main theory is attachment theory. This theory not only provides a framework for understanding emotional reactions in infants but also in love, loneliness, and grief in adults. In adults there are attachment styles that are a type of working model that explains certain behaviors that are developed at infancy and childhood. An infant requires two basic attitudes during their earliest interactionsRead MoreSupport Young Childrens Healthy Development And Learning1109 Words   |  5 Pagesresponsive curriculum is based on relationships that occur within planned and unplanned activities, experiences, and happenings† (2014, p. 26). This relationship-based curriculum, referred to as the â€Å"caregiving curriculum,† includes three fundamental policies: (1) a primary Caregiving system; (2) consistency; and (3) continuity of care. Using examples, describe how these policies work tog ether to support young children’s healthy development and learning. The primary Caregiving system; consistency;Read MoreModifications of Bowlbys Attachment Theory Essay1724 Words   |  7 PagesModifications of Bowlbys Attachment Theory Bowlbys original theory of attachment was concerned with the bonding relationship that develops between an infant and his primary caregiver. He believed the process of bonding to have a biological basis as the genes of those infants who successfully sought the protection of a caregiver (from predators and other dangers) will have survived and been passed on. Bowlby also formulated the Maternal Deprivation hypothesis (1953)Read MoreRelationship Between Security Of Attachment And Cognitive Development1513 Words   |  7 PagesThe relationship between security of attachment and cognitive development creates the underlying foundation from which individual’s operate throughout the lifespan (Carruth, 2006). The security of attachment between an infant and their primary caregiver can have profound consequences for the developing brain, impacting an infant’s future relationships, self-esteem, and ability to self-regulate emotions (Carruth, 2006). Attachment theory, first theorized by John Bowlby (1988), stresses the significance

Fluctuation of Gold Price Free Essays

string(108) " sellers can work together to either get product they need or to make a profit from the fluctuation prices\." read and give rewards to me ABSTRACT Gold is a brilliant yellow precious metal that is resistant to air and corrosion. Gold comes second after bank deposits when it comes to the preference for investment in India and considered a savings and investment vehicle. India is the world’s largest consumer of gold in jewelry as an investment. We will write a custom essay sample on Fluctuation of Gold Price or any similar topic only for you Order Now Gold is traded in the form of securities on stock exchange Even when the gold prices are high there is steel boom in the commodities market of gold hence the main purpose and the need of the study are to know the investment pattern in gold and to hedge the risk The data which is used in the study is secondary data. The analysis has been done by using the technical tools Relative Strength Index (RSI), MACD. From the analysis it can be concluded that gold as an investment avenue has increased. There wider market for gold and a person with small amount can trade in gold. RSI can be considered as the best tool to evaluate the price movement of gold. The investors have to keep a keen watch on the price of gold and since there is an upward momentum in the price of gold it is time for the investor to sell CONTENT | | | | |CHAPTER |PARTICULAR |PAGE NO | |NO. | | | |1. INTRODUCTION | | | |NEED FOR THE STUDY | | | |OBJECTIVE OF THE STUDY | | | |SCOPE OF THE STUDY | | | |RESEARCH METHODOLOGY | | |LIMITATIONS | | | | | | |2. REVIEW OF LITERATURE | | | |TABLES AND GRAPH | | | | | | |3. COMPANY PROFILE | | | | | | |4. |DATA ANALYSIS INTERPRETAIONS | | | | | | |5. FINDING | | | |CONCLUSION | | | |RECOMMENDATIONS | | | | | | |6. BIBLIOGRAPHY | | CHAPTER NO — 1 INTRODUCTION INTRODUCTION ABOUT INDIAN COMMODITY MARKET Commodity future trading is an old concept and flourished in the late nineteenth century. There were several such exchanges that traded in specific commodities in certain geographies. In the 1960s the futures market ran into trou ble as high inflation resulted from a series of wars and droughts in the country which lead to considerable speculation and hoarding of agricultural commodities. Ever since the down of civilization commodity trading has become an integral part in the life of mankind. The very reason for this lies in the fact that commodities represent the fundamental utility of human being. Commodity markets are market where raw or primary products are exchange. These raw commodities are traded regulated commodity exchange they are bought and sold in standardize contract that may any movable property other them actionable claims, money and securities. This commodity market is becoming day by day the best for the increasing economy. Gold is valued in India as saving and investment vehicle and is the second preferred investment after bank deposit. India is world’s largest consumer of gold jeweler and in investment. Gold is traded in the form of securities on stock exchange. In the cities gold is facing competition from the stock market and a wide range of consumer goods. Domestic consumption is dictated by monsoon, harvest and marriage season. Indian jewellery off take is sensitive to price increases and even more so to the volatility. For years, portfolio managers have recommended a minimum of 10% to 20% of one’s total net worth in gold as a hedge against inflation or as a safety net in the event that our paper money system collapses. Hence the study is about the commodities market in gold. Every commodity has its own price, and varies across markets even at the point of first sale, i. e. the wholesale market. There is of course another very active financial market, which has a price that is widely traded, i. e. the stock market. Here shares of companies are traded by investors at prices which are determined by multitude of perceptions. NEED FOR THE STUDY:- ? Since there is a cut throat competition in the present world market There is a need to study about factors affecting gold prices ? Even when the gold prices are high there is still boom in the commodities market of gold hence the main purpose and the need of the study are to know the investment patterns in gold and to hedge the risk OBJECTIVE OF THE ST UDY:- 1. To know how gold is traded 2. To know the fluctuation of gold prices 3. To know the factors affecting gold prices 4. To evaluate the trend analysis of gold . To study the impact of gold on investors METHODOLOGY: – The data which is used secondary in a nature. SECONDARY DATA:- ? From various test books, journals, magazines, news papers and booklets from company. ? Information collected from different websites likes Gold World, MCX etc. SCOPE OF THE STUDY:- ? The scope of the study is about the day to day changes in the price of gold and the reasons behind the change. ? It focuses more on the fluctuations and the interest of investors to invest in gold even though the price is getting higher. The study also focuses more on the fluctuation in the gold and its relation to oil markets oil and gold are the two main items in the economy now that tends to increase day by day. LIMITATIONS:- ? Difficulty in getting the lives prices of gold in absence of online research softwar e. ? Use of limited technical tools. ? Commodity trading is limited to gold only. ? There may be factor other than those studied in this research which may impact on gold prices. ? The study is limited only for a certain period of time i. e. April to June 2012 CHAPTER-2 REVIEW OF LITERATURE TRADING OF GOLD IN COMMODITY MARKETS COMMODITY MARKET Commodity markets are markets where raw or primary product these raw commodities are traded on regulated commodities Exchange in which they are brought and sold in standardized contract it cover physical product markets but not ways that services including those of government, nor investment debt, can be seen as a commodity A commodity trading is sophisticated form of investing it is similar to stock trading but instead of buying and selling shares of companies, an investor buys and sells commodities likes stocks, commodities are traded on exchange where buyers and sellers can work together to either get product they need or to make a profit from the fluctuation prices. You read "Fluctuation of Gold Price" in category "Essay examples" There are few ways to trade commodities. Futures are contracting to buy or sell commodities at specific date. An option is the right to buy or sell a commodity at a specific price and date. COMMODITY TRADING: Trading futures is the purest way to invest in commodities. To trade commodities, an individual trading account can be opened either directly with a futures commission merchant or indirectly through as introducing broker. Another way to trade commodities is through a managed account, where you give someone written power of attorney to make and execute decisions about what and when to trade. He or she will have discretionary authority to buy or sell for your account or will contract you for approval to make trades, or you can hire a commodity trading advisor for a fee. And lastly, ever increasingly popular methods of diversified investing in commodities include commodity pools (limited partnerships) or commodity related mutual funds. In all futures markets, trading decision are made in two ways – Fundamental or Technical, although many traders use a combination of both. Fundamental analysis includes all factors that influence supply and demand. For the physical commodities markets, fundamental factors include weather and geopolitical events in producing countries – outside forces that influence price action. For the financial futures markets, factors such as Federal Reserve actions and economic reports are among fundamental forces affecting prices. Technical analysis is based strictly on inside market forces. It involves tracking various price patterns that occurred in the markets in the past. Analysts focus on a variety of time frames, and trading decisions are based on past tendencies with the idea these price patterns tends to repeat themselves. Technical analysis involves a wide range of techniques, and a variety of market indicators are studied including volume, open interest, and momentum. Each individual analyst has his favorite approach – technical analysis is just as much art as it is science. REGULATOR OF COMMODITY MARKET THE DIFFERENT PRODUCT IN COMMODITY MARKET ARE USE 1. Precious metal 6. Plantations 2. Base metal 7. Spice 3. Pulses 8. Sugar 4. Cereals 9. potato 5. Energies Introduction Gold Gold is a unique asset based on few basic characteristics. First, it is primarily a monetary asset, and partly a commodity. As much as two thirds of gold’s total accumulated holdings relate to â€Å"store of value† considerations. Holdings in this category include the central bank reserves, private investments, and high-cartage jewelry bought primarily in developing countries as a vehicle for savings. Thus, gold is primarily a monetary asset. Less than one third of gold’s total accumulated holdings can be considered a commodity, the jewelry bought in Western markets for adornment, and gold used in industry. The distinction between gold and commodities is important. Gold has maintained its value in after-inflation terms over the long run, while commodities have declined. Some analysts like to think of gold as a â€Å"currency without a country’. It is an internationally recognized asset that is not dependent upon any government’s promise to pay. This is an important feature when comparing gold to conventional diversifiers like T-bills or bonds, which unlike gold, do have counter-party risk History of gold in India Prior to 1962, India was the world’s largest gold market and the main trading center was Bombay. In 1962, the government enacted the Gold Contract Act, which prohibited the citizens of India from holding pure gold bars and coins due to loss of reserves during the indo-china war. It was declared that the old holdings in pure gold bars to be compulsorily converted into jewelry. Pure gold bars and coins were to be dealt only by licensed dealers. A large unofficial market sprung up which dealt in cash only as a consequence of this legislation that adversely affected the official gold market. This also made way for smuggling and black marketing, which comprised of many jewelers and bullion traders. In 1990, India was on a verge of default of external liabilities as it had a major foreign exchange problem. It had to give up the concept of controlling and licensing as it led to nothing more than corruption and shortages. As a result, the India government pledged 40 tones from their gold reserves with the bank of England. India had to adopt the concept of liberalization. The government abolished the 1962 Gold control Act in 1992 and liberalized the import of gold in India for a duty payment of Rs. 250per 10 grams. The government made up for the foreign exchange problem by allowing free imports and earning the taxes. This step expanded the gold market and it also waved off the unofficial trade i. e. smuggling and black marketing. This makes India the most price-sensitive market for gold in the world. Gold in Indian present scenario Gold is valued in India as a savings and investment vehicle and is the second preferred investment behind bank deposits. India is the world’s largest consumer of gold in jewelry (much of which is purchased as investment). The hoarding tendency is well ingrained in Indian society, not least because inheritance laws in the middle of the twentieth century lent a great desirability to anonymity. Indian people are renowned for saving for the future and the financial savings ratio is strong, with a ratio of financial assets-to-GDP of 93%. Gold’s circulates within the system and roughly 30% of gold jewelry fabrication is from recycled pieces. India is typically also the largest purchaser of coins and bars for investment (80tpa), although last year it had to concede first place to Japan in the wake of the heavy buying in the first quarter due to fears for the stability of the Japanese banking system. In 1998-2001 inclusive, annual Indian demand for gold in jewelry exceeded 600 tons; in 2002, however, due to rising and volatile prices and a poor monsoon season, this dropped back to 490 tons, and coin and bar demand dropped to 67 tons. Indian jewelry off take is sensitive to price increases and even more so to volatility, although this decline in tonnage since 1998 is also due in part to increasing competition from white and brown Goods and alternative investment vehicles, but is also a reflection of the increase in price. The Indian bride’s â€Å"Streedhan†, the Wealth she takes with her when she marries and which remains hers, is still gold, however (thus giving gold an important role in the â€Å"empowerment† of women in India). The distinction between gold and commodities is important. Gold has maintained its value in after-inflation terms over the long run, while commodities have declined. Some analysts like to think of gold as a â€Å"currency without a country’. It is an internationally recognized asset that is not dependent upon any government’s promise to pay. This is an important feature when comparing gold to conventional diversifiers like T-bills or bonds, which unlike gold, do have counter-party risk. SIGNIFICANCE OF GOLD IN INDIAN CULTURE Gold is a precious metal with which man kind has had a long and very intimate relation. Gold is considered as a symbol of purity and good fortune. Most of the gold that the entire world holds lies in India. The main reasons why Indians consider gold as an investment are. ? Gold is considered as equivalent to liquid cash: gold is considered as a security or assets which can be converted in to cash when ever required. Gold is very good investment :due to consistently increasing value, gold is considered as safe and secure investment ? Gold is a goof gift item: it is precious and worthy it is again as gift during wedding birthdays or any other special occasions. It is symbol of prestige and is co nsidered auspicious ? Gold considered as status symbol: Gold is symbolizes wealth. in Indian the weddings, the bride wears jewellary as a symbol of the family status. ? Gold has religious significance : Gold is a symbol of Hindu goddess lakshmi. Gold is bought or gifted on occasions of festivals like Dhanteras Dussera and diwali . ? Gold has great ornamental value: women and gold jewellery are inseparable from each other. Gold ornaments area always in fashion and will never become out of fashion . even the wedding rings are made of gold to mark a long lasting relationship ? Gold : Ancentral property: Gold is passed down from generation to generation as an ancestral property. .Gold producing countries †¢ South Africa †¢ United states †¢ Australia †¢ China †¢ Canada †¢ Russia †¢ Indonesia †¢ Peru †¢ Uzbekistan †¢ Papua new guinea †¢ Ghana †¢ Brazil †¢ Chile †¢ Philippines †¢ Mali †¢ Mexico †¢ Argentina †¢ Kyrgyz tan †¢ Zimbabwe †¢ Colombia The largest producer of Gold is South Africa. It accounts for an estimated 16. 5 million ounces of Gold annually in the next 3 year: and produces almost 20 percent of the world’s bullion. Hopping to control its declining production trend due to the extended weakness in the price of Gold in recent years. The South African Gold industry is working in the direction to lower its production costs and boost productivity. The second largest producer of gold is united states. It accounts for an estimated 10. 4 million ounces of Gold annually by 2001 and produces about 12. 5% of the world’ Gold supply Due to the expansion US Mining operations. And because of the reduced profitability due to the low price of Gold. Reduction in mine production is expected by 9% by the US during the next 3 years the third largest producer of gold is Australia with an estimated 9. 6 million ounces annual production by 2001. Nearly 45% of the world gold supply was produced by the top 3 producing nations Latin America (Mexico, Peru, Chile and Brazil) and the Far East producer are accepted to increases production in the next three years. Though these countries add up to a very a small shares in the world’s totally supply there production increase will counter act some of the production cuts made up by the top 3 big producers Current Scenario in Indian Commodity Market Need of commodity derivatives for India India is among top 5 producers of most of the commodities, in addition to being a major consumer of bullion and energy products. Agriculture contributes about 22% GDP of Indian economy. It employees around 57% of the labor force on total of 163 million hectors of land Agriculture sector is an important factor in achieving a GDP growth of 8-10%. All this indicates hat Indian can be promoted as a major centre for trading of commodity derivatives. INDIAN COMMODITY MARKET TRADING AND EXHANGES ? MCX: MULTI COMMODITY EXHANGE ? NCDEX: NATIONAL COMMODITY AND DERIVATIES EXHANGE ? NSEL: NATIONAL SPOT EXHANGE LTD ? NMCE: NATIONAL METAL AND COMMISSION EXHANGE MULTI COMMODITY EXCHANGE – MCX Multi commodity exchange is a commodity exchange based in Mumbai, the financial capital of India. The MCX is a demutualized electronic multi commodity futures exchange, and enables future trading of various agricultural and non agricultural commodities such as Metals, Pulses, Oils, Fiber, Energy, Petrochemicals, Plantations, Cereals, Bullion and Spices etc. As on 31st of December 2007, the exchange was offering futures trading in 55 different commodities. Established in November 2003 by Financial Technologies, the MCX hold a permanent recognition issued by government of India. Pattern on multi commodity exchange (MCX) MCX is currently largest commodity exchange in the country in terms of trade volumes, further it has even become the third largest in bullion and second largest in silver future trading in the world. Coming to trade pattern, though there are about 100 commodities trade on MCX, only 3 or 4 commodities contribute for more than 80 percent of total trade volume. As per recent data the largely trade commodities are Gold, Silver, Energy and base Metals. Incidentally the futures trends of these commodities are mainly driven by international futures prices rather than the changes in domestic demand-supply and hence, the price signals largely reflect international scenario. Among agriculture commodities major volume contributors include Gur, Urad, Mentha oil etc. whose market sizes are considerably small making then vulnerable to manipulations. NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LTD – NCDEX The second largest commodity exchange in the country after MCX. However the major volume contributors on NCDEX are agricultural commodity but most of them have common inherent problem of small market size, which is making them vulnerable to market manipulations and over speculation. About 60% trade on NCDEX comes from guar seed, chana and urad (narrow commodities as specified by FMC). National Commodity and Derivatives Exchange Ltd (NCDEX) is a technology driven commodity exchange. It is a public limited company registered under the Companies Act, 1956 with the Register of companies, Maharashtra in Mumbai on April 23, 2003. it has an independent Board of Directors and professionals not having any vested in commodity market. It has been launched to provide a world-class commodity exchange platform for market participants to trade in a wide spectrum of commodity derivatives driven by best global practices, professionalism and transparency. In December 2003, the National Commodity and Derivatives Exchange Ltd (NCDEX) launched futures trading in nine major commodities. To begin with contracts in Gold, Silver, Cotton, Soya bean, Soya oil, Rape/ Mustard seed, Rapeseed oil, Crude palm, and RBD palmolein are being offered. National Multi Commodity Exchange (NMCE) NMCE is third national level futures exchange that has been largely trading in agricultural commodities. Trade on NMCE had considerable proportion of commodities with big market size as jute rubber etc. But, in subsequent period, the pattern has changed and slowly moved towards commodities with small market size or narrow commodities. Analysis of volume contributions on three major national commodity exchanges reveled the following pattern, major volume contributors. Majority of trade has been concentrated in few commodities that are ? Non Agricultural Commodities ( bullion, metals and energy) ? Agricultural commodities with small market size ( or narrow commodities) like guar, urad, menthe etc The commodity markets are being classified as following types of commodities. 1. Agricultural products. 2. Precious metals. 3. Other metals. 4. Energy. GENERAL CHARACTERISTICS OF GOLD: ? Gold is primarily a monetary asset and partly a commodity. ? More than two-thirds of gold’s total accumulated holdings relate to â€Å"value for investment† with central bank reserves, private players and high-carat jewellery. Less than one-third of gold’s total accumulated holdings is a â€Å"commodity† for jewellery in western markets and usage in industry. CHARACTERISTICS OF GOLD MARKET: ? Gold market is highl y liquid and gold held by central banks and other major institutions and retail jewellery keep coming back to the market. ? Due to large stocks of gold as against its demand, it is argued that the core driver of the real price of gold is stock equilibrium rather than flow equilibrium. ? Effective Portfolio Diversifier: this phrase summarizes the usefulness of gold in terms of â€Å"Modern Portfolio Theory†, a strategy which is utilized by many investment managers today. Using this approach, gold can be used as portfolio diversifier to improve investment performance. Effective Diversification During â€Å"Stress† Periods: Traditional methods of portfolio diversification often fail when they are most needed-that is, during periods of financial â€Å"stress†(instability). On these occasions, the correlations and volatilities of return for most asset classes(including traditional diversifiers such as bonds and alternative assets)increase, thus reducing the intended â€Å"cushioning† effect of diversified portfolio. INDIAN GOLD MARKET: ? Gold is valued in India as savings and investment vehicle and is the second preferred investment after bank deposits. ? India is the world’s largest consumer of gold in jewellery and in investment. In July 1997 the RBI authorized the commercial banks to import gold for sale or loan to jewellers and exporters. ? The gold hoarding tendency is well ingrained in Indian society. ? Domestic consumption is dictated by monsoon, harvest and marriage season. Indian jewellery off take is sensitive to price increases and even more so to the volatility. ? In the cities gold is facing competition from the stock market and a wide range of consumer goods. ? Facilities for refining, assaying, making them into standard bars in India, as compared to the rest of the world, are insignificant, both qualitatively and quantitatively. GOLD MARKET MOVING FACTORS: ? Above ground supply from sales by central banks, reclaimed scrape and official gold loans. Producer/miner hedging interest. ? World macro economic factors-US Dollar, interest rate. ? Comparative returns on stock markets. ? Domestic demand based on monsoon and agricultural output. IMPORTANT WORLD GOLD MARKETS: ? London is the biggest as well as the oldest gold market in the world. ? Mumbai under India’s liberalized gold regime. ? New York as the home of futures trading. ? Zurich as a physical turntable. ? Istanbul, Dubai, Singapore and Hong Kong as doorways to important consuming regions. ? Tokyo was TOCOM sets the mood of Japan. Headquartered in Mumbai, Multi Commodity Exchange of India Ltd (MCX) is a state-of-the-art electronic commodity futures exchange. The demutualised Exchange set up by Financial Technologies (India) Ltd (FTIL) has permanent recognition from the Government of India to facilitate online trading, and clearing and settlement operations for commodity futures across the country. Having started operations in November 2003, today, MCX holds a market share of over 80% of the Indian commodity futures market, and has more than 2000 registered members operating through over 100,000 trader work stations, across India. The Exchange has also emerged as the sixth largest and amongst the fastest growing commodity futures exchange in the world, in terms of the number of contracts traded in of the number of contracts traded in 2009. MCX offers more than 40 commodities across various segments such as bullion, ferrous and non-ferrous metals, and a number of agric-commodities on its platform. The Exchange is the world’s largest exchange in Silver, the second largest in Gold, Copper and Natural Gas and the third largest in Crude Oil futures, with respect to the number of futures contracts traded. The Exchange strives to be at the forefront of developments in the commodities futures industry and has forged strategic alliances with various leading International Exchanges, including Euro next-LIFFE, London Metal Exchange (LME), New York Mercantile Exchange, Shanghai Futures Exchange (SHFE), Sydney Futures Exchange, The Agricultural Futures Exchange of Thailand (AFET), among others. For MCX, staying connected to the grassroots is imperative. Its domestic alliances aid in improving ethical standards and providing services and facilities for overall improvement of the commodity futures market. EXCHANGE-TRADED GOLD: GOLD-BACKED SECURITIES Gold is traded in the form of securities on stock exchange in Australia. France, Hong Kong, Japan, Mexico, Singapore, South Africa, Switzerland, Turkey, the United Kingdom and the United States. By design, these forms of securitized gold investment, all regulated financial products, are generally referred to as Exchange Traded Commodities or Exchange Traded Funds (ETFs), and are expected to track the gold price almost perfectly. Unlike derivative products, the securities are 100% backed by physical gold held mainly in allocation form. These securities have had a major impact on the gold market, representing an annual average of 32% of identifiable investment and 6. 5% of total physical demand over the 5 years to 2008. Financial advisors and other investment professionals can provide further details about these products. FUTURES AND OPTIONS GOLD FUTURES Gold futures contracts are firm commitments to make or take delivery of a specified quantity and purity of gold on a prescribed date at an agreed price. The initial margin – or cash deposit paid to the broker – is only a fraction of the price of the gold underlying the contract. That means investors can achieve notional ownership of a value of gold considerably greater than their initial cash outlay. While this leverage can be the key to significant trading profits, it can also give rise to equally significant losses in the event of an adverse movement in the gold price. Futures prices are determined by the market’s perception of what the carrying costs – including the interest cost of borrowing gold plus insurance and storage charges -ought to be at any one time. The futures price is usually higher than the spot price for gold. Futures contracts are traded on regulated commodity exchanges. The largest are the New York Mercantile Exchange Comex Division (recently rebranded CME Globex, after a merger between Chicago Mercantile Exchange and NYMEX), the Chicago Board of Trade (part of CME) and the Tokyo Commodity Exchange. Gold futures are also traded in India a Dubai. The Commodity Futures Trading commission provides extensive reports on derivatives trading in the United States. Tradable commodity indices are based on fully collateralized baskets of long-only commodity futures, all of which include a small allocation to gold. GOLD OPTIONS These give the holder the right, but not the obligation, to buy (‘call’ option) or sell (‘put’ option) a specified quantity of gold at a predetermined price by an agreed date. The cost of such an option depends on the current spot price of gold, the level of the pre-agreed price (the ‘strike price’), interest rates, the anticipated volatility of the gold price and the period remaining until the agreed date. The higher the strike price, the less expensive a call option and the more expensive a put option. Like futures contracts, buying gold options can give the holder substantial leverage. Where the strike price is not achieved, there is no point in exercising the option and the holder’s loss is limited to the premium initially paid for the option. Like shares, both futures and options can be traded through brokers. Gold price Fluctuation: Responsible factors Gold has widely used throughout the world as a vehicle of monetary exchange, as an investment, use in jewelry, medicine, the food and drink also. Gold provided the independent of states, currencies, productivity and credit worthiness. Many experts advice to the private investors that they do 5 to 10 % their investment in the gold because regular purchase of gold and silver coins helps to protect the smaller investor against price and currency fluctuation. Gold has always been prized as precious and valuable. It does not deteriorate. Gold is also maintained the liquidity in our portfolio because gold is traded around the world. With gold we can possess the international currency which we can sold around the world at any time. This table shows the gold price fluctuation. [pic] Table shows the gold price fluctuation In the recent scenario there are various issues and factor responsible for the gold price fluctuation. Increasing deficit in the balance of trade in the united states. ? The declining production of some gold producing countries the major gold producing company Africa, Canada, Australia, china, Philippines. ? Central bank and international monetary fund also play the major role in gold fluctuation. It is g enerally accepted that interest are closely related to the gold price. As the interest rate rise the general tendency is for the gold price, which earn no interest to fall and rates dip for gold price to rise. ? At the end of 2008 financial crisis captured all the global market, a trend start to develop of regular investor allocating a certain amount of their portfolio into gold. The most popular reason to own gold is as hedge against the inflation. ? From late 2009 Fears of Sovereign debt crises developed among the investors as a result rising the private and government debt levels around the world together with the wave of downgrading of government debt in some European states. The crises have major impact on several European countries, most notably on Greece, Ireland, Italy, Portugal and Spain. Several other factors which are responsible to pushes the gold prices upward political unrest and war monetary expansion, economic misbalance because of these reasons people lose their faith in the value of their currency and they invest into the gold as permanent or a fixed assets. [pic] How to cite Fluctuation of Gold Price, Essay examples

Suicide in the Trenches by Siegfried Sassoon and Green Beret by Ho Thien Essay Example

Suicide in the Trenches by Siegfried Sassoon and Green Beret by Ho Thien Paper Both these poems are based around the theme of war, however they are set in different periods of time. Suicide in the Trenches deals with the stresses that war can inflict and how tragic it can sometimes be. It focuses on the life and death of a soldier boy. Throughout the poem the poet emphasises the simplicity of the boy. The poem has a simple layout and rhyme scheme, Sassoon is probably trying to suggest the simplicity of the soldier boy and how simple the life of a soldier in the trenches would have been. Green Beret is more recent and is based on the Vietnamese war. It tells the story of a Vietnamese boy who is being threatened with the death of his father to give information about the Vietnamese people. Throughout the poem the poet suggests how the brutal actions of the soldiers only seem to make the resistance force greater. Both of these poems differ from each other but they both show the tragedies involved in war. The poets in both poems use different methods to show their ideas. In Suicide in the Trenches the poem is structured in quatrains and the poems layout is very simple. I think that Sassoon used the quatrains and a simple layout to emphasise the simplicity of the simple soldier boy. I also think that he may have used this layout to imitate the life of a soldier, as soldiers are thought to be orderly and neat. Sassoon uses a title which prepares us for a poem containing grown up men, however, when we read the first line we get the image of a young boy. This shows us that the young boys involved found the war it so dreadful that some even took extreme measures to get away from it. We will write a custom essay sample on Suicide in the Trenches by Siegfried Sassoon and Green Beret by Ho Thien specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Suicide in the Trenches by Siegfried Sassoon and Green Beret by Ho Thien specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Suicide in the Trenches by Siegfried Sassoon and Green Beret by Ho Thien specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In contrast, Thien uses a narrative approach and relates to events in order as though it was a story. The first long stanza focuses on what happened and the last short stanza focuses on how the resistant forces werent defeated, suggesting how brave the boy was for keeping quiet. I think that Thien finally revealed the silence of the boy so that the reader remained intrigued in the poem and it kept up the suspense. Green Beret is in free verse and both stanzas are unevenly spread. I think that this is because Ho Thien wants us to know that the Green Beret soldiers may be unfair and that the boy and the Vietnamese people are very much in charge of their own decisions and that they wont give information away about their people, no matter what consequences are involved. At the end of the poem Thien even compares the Vietnamese people to fierce animals, like tigers across the High Plateau. I think that Thien uses tigers so that we get the impression that the Vietnamese are like predators and that they are quiet when the move making it very hard for the Americans to find or detect them. The lengths of the poems also vary dramatically. Green Beret is rather long, which is probably because the poet wants us to know that the war went on for a long time and that it may have been very awkward for the Americans to get information. In the second stanza we get the impression that the brutal actions by the American forces only makes the resistant forces stronger and when the poet mentions wall of steel we can imagine how strong the resistant forces must be. Whereas, when we look at Suicide in the Trenches we can see that its much shorter indicating that suicide was part of life in the trenches. It also gives us the impression that the soldiers would have got over these tragedies quickly and that suicide was part of everyday life. The rhyme scheme and rhythm are significantly different when we compare both poems. In Suicide in the Trenches the rhyme scheme is rather straightforward; aabbcc (This again shows the simplicity of the soldier boy. ) The rhythm functions to make the poem easy to read and remember. However, when we reach lines seven and eight, the rhythm changes; He put a bullet through his brain. No one spoke of him again. I think the poet used these two lines to emphasise the brutality and the harsh reality of war. I also think it shows how desperate war really was. In both poems the poets use the language differently. In Green Beret Thien gives a sense of realism by adding dialogue, it also gives a true sense of how Green Beret spoke. When he commands kill the old guy in front of the boy we see how heartless and unsympathetic that Green Beret really is. The poet describes the boy as frail and slight, this shows that the boy may be quite malnourished and that he may be rather vulnerable. At the end of the poem Thien describes the Vietnamese army as tigers. He probably used this particular word as tigers are a sneaky and strong type of an animal and perhaps he wanted the reader to know that they are strong and quite a formidable force. Thien also uses repetition like eyes. I think that he uses eyes so much through the poem as eyes can show a persons emotions very effectively. When we find out that the boy has the eyes of a hurt animal, we take the boys side and we feel sympathetic towards him. When we look at Thiens choice of verbs they really stand out and put a strong image in the readers head. Thien uses verbs like commanded and roared, I think that Thien used these verbs as they show the brutality of Green Beret and that he is rather ruthless. In the poem Green Beret speaks to the boy in broken English, tell us where or we kill father. I think this is to show that Green Beret thought that the boy was stupid or inferior and by communicating to him this way he would understand what he is saying. By way of contrast, when we study the language used by Sassoon there are no similes, metaphors and very few adjectives used. I think that Sassoon used this technique as war is already brutal and by using very few of these words is presents war as it is and how desperate it was. I think that both of these poems were written for a wide audience; children to adults and they are to show the true horrors of the war. Green Beret was to show the things going on during the Vietnam War, and it almost exalts the Vietnamese people and shows that they werent so weak after all. As we see that the little boy is willing to let his father be killed for the people of his country. On the other hand, Suicide in the Trenches outlines how horrific war can be and it shows that war is fought mentally as well as physically. In conclusion, both of the two poems have a lot of differences but they are still very alike each other as they both still portray the harsh brutality of war. But the two poets have used different techniques and methods to present their ideas and they have the same sadness in their tone. I think that both poets have been very effective with the techniques used as both poems contain a lot of strong emotions. I personally preferred Green Beret as I thought it gave a convincing insight into the war and it showed how brutal it was. It also showed how one small boy could save all his people and how mentally strong he was. Although I thought that Suicide in the Trenches was more effective as it portrayed a lot of emotion and it gave a much different view on war and showed the different mental stresses it contained and how desperate war really was and is.