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Tuesday, September 8, 2009
Is Peak Oil Real ?
Is the age of cheap oil about to come to an end? According to many experts, we are about to reach the point of "peak oil" -- the level at which supply can no longer keep up with demand. This, say the doomsayers, could send economies spinning into turmoil and up-end our comfortable, urban lifestyles. But others claim predictions like this are simply scaremongering. They believe supply will match demand for decades to come. So who's telling the truth? 'Peak Oil' investigates.
Produced by ABC Australia
Distributed by Journeyman Pictures
Category: Science & Technology
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What is a Bond? The Stock Market for Beginners
Everyone should know what a stock and a bond are - this video gives a quick intro to that. What stocks and bonds are has a lot to do with how providers of capital interact with users of capital (through equity (which includes stocks for many large companies)) and debt (which includes bonds for many large users of capital).
Category: Education
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Gold Hits $1000, Dollar Weak, Investors Seek Refuge
Gold powered through the $1,000 per ounce psychological barrier on Tuesday, carried by a wave of pent-up technical momentum and dollar weakness, with some analysts eyeing last year's record high at $1,030.80.
Some investors were also seeing gold as a caveat to stock market bullishness as they fret about the result of central banks and governments pumping billions of dollars into banking systems to boost growth.
Spot gold rose as high as $1,007.45 an ounce, its highest since March 2008, when bullion touched a record high at $1,030.80 an ounce.