Friday, January 24, 2020
Bob Saget :: essays research papers
Bob Saget is best known as the star of ABC's "Full House" for eight seasons and as the host of "America's Funniest Home Videos." Unfortunately, these shows were not able to show Lord Saget for who he really is: the dirtiest and, by far, funniest man alive (as anyone who has ever seen his stand-up routine can surely vouch). It was only because of Lord Saget's Godly powers that the Olsen Twins were able to become as popular as they are today; for without the guidance of a supreme being, they would probably be working the pole at some strip club! Saget also executive produced and starred in "Father and Scout" in 1995, a presentation of "The ABC Family Movie." In 1990, he wrote, directed and starred in the one-hour special, "In the Dream State," which earned him a Cable ACE nomination for directing. Saget also directed the movie "Dirty Work," a hilarious movie starring Norm Macdonald. He has also made numerous TV appearances, including "The Tonight Show," "Late Show With David Letterman," "Saturday Night Live", "The Larry Sanders Show," "Late Night," and "Comic Relief," a cause that is very close to his heart. He has also made cameo appearances in movies such as "Dumb and Dumber" and "Half Baked," in which he played a dick sucking coke head (surely one of his better roles). Raised in Philadelphia, Pennsylvania; Norfolk, Virginia; Encino, California, and, of course, Heaven, Saget built his foundation in entertainment by performing and writing stand-up comedy, which he has pursued for almost 30 years. He supported himself during the early days of his career with stand-up gigs at The Comedy Store and The Improv, studying with acting coach Darryl Hickman for five years and spending a year with the Groundlings Workshops. He also toured with many top musical acts, playing at such venues as Carnegie Hall and the main showrooms of Las Vegas, Lake Tahoe and Atlantic City. After moving to New York in 1987, he began a six-month stint as co-host of "The
Wednesday, January 15, 2020
A Difficult Decision
Decision making is one of the hardest things a human being can do for themselves. The decisions people make, they do to either better themselves or worsen themselves. Decision making could be: what college someoneââ¬â¢s going to or making a big change in their lives like moving. Others would make a bad decision, whether itââ¬â¢s ignoring good advice or going as far as doing drugs. Some people would make decisions because of the situation there in and is an impulse decision, but sometimes it turns out good.Decision MakingFor four and a half years, I thought my mother was actually starting to change, but, in reality I misled myself into believing something that wasnââ¬â¢t true. I was a responsible student, worked and thought everything was going well and where I wanted it to be. The last few months that I lived with my mother and step-father, everything went spiraling into complete and total chaos. The last week, was the worst and best thing that has ever happened for me, and also the most difficult decision of my life. The start of everythingIn July of 2013, my life started to spiral out of control, I just graduated high school and was looking for work consistently. My mother insisted that I pay rent, every week until I could find my own place to live; at first I didnââ¬â¢t mind that, I just needed to find a job and fast. I luckily found a job a month later, I was doing very well there and then I got second job. I wasnââ¬â¢t making that much money and my mom kept insisting that the rent Iââ¬â¢m supposed to pay, is more than the last time.I barely made the amount she wanted me to pay a week, so I tried to find other things I could possibly do to make more money; I was out of luck. My mom and I started to argue a lot over the littlest things. I was trying to get myself out of that house as soon as possible, the living conditions were very bad no matter what I wouldà try to do, no food, filthy house. I was never home to do any of the cleaning be cause I was always at work or on my spare time see the people I really care about; but, it started to get worse.Getting worseAs the months started to drag on bye, my living situation became increasingly worse. I had found out that my mother and her husband were doing drugs. I really didnââ¬â¢t appreciate the way they used me and thought I was stupid enough to believe they werenââ¬â¢t doing anything. They started accusing me of stealing things, and doing things that I never even thought about doing. One day my mother called the police on me and she had told the police officer that I had attacked her. This was the most hurtful thing imaginable, my own mother, calling the police on me.What happened was, I wanted the money I had lent to her back ($50), I needed the money for some food, she kept resisting giving me my money back; I saw the money laying on the counter, so I went and got it and she, repeatedly kicked me in the stomach and bit me. Never once, would I ever put a hand o n my mother. Iââ¬â¢m really glad I had people in my life that would take care of me whenever I needed a helping hand.The evictionThe last week that I saw my mother was the day I received an eviction notice from her, right before Christmas. I was very hurt and I had no idea what to do, Iââ¬â¢ve never been in this situation before; I was scared. She said that I didnââ¬â¢t do anything around the house to help, so I had to go. I Know why she evicted me and I hope that someday that she will get the help that she needs. A couple of days after I had received the eviction notice, I found a place to live. It was not an easy move, but it was the best choice I have ever made. On December 7, 2013 I said my final goodbyes to my mother and have not seen or mumbled a single word to her, since that day.Where I wentPeople, who Iââ¬â¢m not even related to, treated me just like their family. I call her my aunt Tonya; she has been sheltering me since that day. She offered me a place to stay , and I took the offer. The difficult decision was that I had to move an hour and a half away, from my family and friends. They all understood, and want me to succeed in life, and show people I will make something of myself and prove the people that told me I couldnââ¬â¢t wrong. Now,à Iââ¬â¢m focusing better on school, and plan to succeed.
Tuesday, January 7, 2020
How Much Gold Exists And Its Value Finance Essay - Free Essay Example
Sample details Pages: 8 Words: 2434 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Gold is determined by the inflation, the U.S dollar and U.S. stock market unpredictability. Gold has always held a special charm and fascination in peoples minds. Donââ¬â¢t waste time! Our writers will create an original "How Much Gold Exists And Its Value Finance Essay" essay for you Create order Possibly it is the colour, weight, or the fact that over time it has come to symbolize an elemental resource for value and wealth. After a small research on the World Gold Council website, we can found that an estimate which pegged the total amount of mined gold from old era to the present, calculated at 158,000 tonnes. This is a very large number, but one thing is very difficult to get close to peoples heart. It can be shared through the population of the world and there are approximately 23 grams per person and is about 1.2 cubic centimetres each. This is equivalent to about $250-$350 per person value of the earth and is according to current prices. Now, we would like to describe how does one tonne of gold look like? There has been 158,000 tonnes of gold have been recovered from the earth and we assuming that is in 24K form of purity, and then will be converted into 5,079,817,925 troy ounces. If a cubic centimetre of 24K gold equals to 19.3 grams, and then a cubic meter of gold would weigh 19.3 tonnes. Likewise all the gold ever mined would amount to 8,187 cubic meters. Lets say all the gold in the world able to fit in a 20.15 meter cube, or 66 feet 1.3 inches square,Ãâà and then it will be the size of a small office building.Ãâà There are between 120,000 and 140,000 tonnes of gold now in the world. To imagine a single and pure gold cube with edges of about 19 metres which thats all that has ever been produced. The length is about 3 metres short of length of a tennis court. It is about 3 metres long of the length of a tennis court. In reality, a considerable number of 19 metres is shorter than a tennis court, and include all private holdings of gold coins, bars and the world jewellery. The worlds monetary gold reserve is a block of one quarters of that particular volume whereas Americas gold reserve is only one quarter only. Nowadays, there is not enough gold left in the ground. There are generally about 50,000 tonnes not yet un-mined and will charge an extra of $300 an ounce to mine the gold. After the detailed worldwide reviews, the mining industry compromise that huge mineral deposit found out that they are a thing which from the past. It can be shared amongst the population of the world and there are about 23 grams per person, about 1.2 cubic centimetres each. This is equivalent to $250-$350 per person and it will rely on the current price also. What is gold worth? The cube value which likes a short tennis court is about $1.8 trillion. By contrast, the U.S government spent $690 trillion until Year1971 was partially supported gold sovereign debt. The United States gold reserves are more than 8000 tonnes which is about 6% of the total gold mining. So, it is worth approximately $100 billion or 15% of the U.S national debt. The cube value, $1.8trillion is one fourteenth of the international bond market. $26 trillion is the western government of ruler debt constituted about two third and almost all the debt have emerged. Since Year 1971; government announced the first notes and that time government borrowing without any alert. At the present value, the gold content that will be pay is about 7% of paper based international bond market. However, the 75% of the worlds gold is not provided enough to the governments. They are being held as a private jewellery, gold and gold coins. The worlds gold is only 30,000 tonnes which is 1% of the worlds sovereign debt that was held in central bank as gold reserves. At the same time, gold stock that in the world including the majority of personally held. The underwritten risk is far less than one half of 1% in the global financial derivatives market. Nowadays, people have a strong reliance in paper notes. Investors have evaded gold for almost twenty years and at the same time as the value of gold based on financial assets has been blow up. Who owns the gold? The central bank vault held about 30,000 tonnes of the worlds gold which is 20 to 25 in percentage form. The Major Central Bank Reserves are shown at below: Nations and institutions Reserves (Tonnes) USA 8139 Germany 3469 IMF 3217 France 3025 Switzerland 2590 Italy 2452 The one that remain of gold jewellery which is about 70,000 tonnes to 80,000 tonnes, coins and personal owned bullion which about 20,000 tonnes is held by individual in the society. After the main holders that shows above the diagram, the total for others countrys central bank falls speedily. Most of the central bank just holds a hundred something tonnes and they make up about 30,000 tonnes together it. The beginning of Californias gold speeding in Year 1848, there has 90% of the gold on the ground had mined. South Africa is the worlds biggest produce gold which has the average production cost, $238 per troy ounce. The worldwide average production cost is $300 per troy ounce which estimated by Federal Reserve Board. Modern machinery and chemicals have declined the price of gold while its price is going to be raised. Why Investors Own Gold? First, lets talk about gold. The price of gold determined by the changes of supply and demand and this can affect the spending of consumers. Gold is unlike from other valued metals, example, platinum, silver, diamond and palladium[1]. This is because the demand for those valued metal mainly appeared from the industrial application. At the beginning, gold is produced for treasure. Now, gold become worldwide acceptance that as a store of value and at the same time it is money also. Relative to other commodities, gold as we know that, it will not expire, blemish or rust and there are no substitute good for gold. There is no difference between thousands years agos gold mined and todays gold mined. In the future, we believed that although the U.S dollars currencies hit great cash in monetary history, the gold still can remain its place in the Global Financial System. The value of gold will raise compare to most national currencies. When East Central Bank buying outstrips West Central Bank selling, and it will in the not-too-distant future, the other remarkably bullish fundamentals for gold will take over and drive the gold price to levels that most people can scarcely imagine today. (John Embry, Investors Digest, March 4, 2005) There are 6 reasons showed that why investors want to own gold: As a hedge against inflation As a hedge against a declining dollars As a safe haven in times of geopolitical and financial market instability As a commodity, based on gold supply and demand fundamentals As a store of value As a portfolio diversifier As a hedge against inflation Why gold known as a hedge against inflation? When inflation goes up, the price of gold will increase also. The highest inflation in U.S was Year 1956,1974,1975,1979 and 1980. The averages real return on gold was 130.4% during those five years. To create perfect inflationary storm, there are few factors are scheming, which are government tax cut, a huge trade deficit, declining in dollars and Americas status as biggest debtor. Commoditys price increase regard to the weakening of U.S dollar. There will be no doubt that oil prices will affect gold price although the both not exactly reflect each others. If oil price increase or decrease, investors can anticipate an equivalent effect in gold price. Nevertheless, gold is still being mined and advanced at the rate of almost 2,600 tonnes for every year. So, the world gold supply above the ground is going up. The rate of gold supply is rising at about 12 centimetres annually. Thus, after 20 years more, gold will reach a full tennis court siz ed cube. For extra information, in 1968, there have 2 upward movements in the gold price. The first one took place in Year between 1972 and 1974 when the oil price up to 325%, which mean $2.44 to$10.36. At the same period, gold price rose again to 268% from $47.75 to$174.76. The second one for the price happened between Year 1978 and Year 1980, means that oil price increased about 105%, from $12.70 to $26.00. Gold price went up 254%, which from 4178.33 to $631.40. As a hedge against a declining dollars Any declining in U.S dollar will affect the price of gold to goes up or down as gold is bought and sold in U.S currencies. As a safe haven in times of geopolitical and financial market instability Even America is the only superpower in the world, but there will be numerous of trouble decaying the whole world. Gold also named as crisis commodity, it able to perform better in other investment when the time of people worry a lots. On top of that, when dreadful economy comes, the bank for sure falls badly. For those poor bank also will bring down the whole economy. The combination of the universal economy for economic and banking has to stable back the world economy which is a most vital thing to the world. When crisis happen, people will change their mind, disbelieve to paper notes and start to trust gold as a safe haven. Government save themselves by making their money currency become worthless and let gold more valued. Gold will always gives government more secure as gold will rise if the government is in lowest situation. As a commodity, based on gold supply and demand fundamentals Gold mined, copper, lead and other metals are declining. It found difficulty in release new mines as the production of the process takes about 7 year times and also difficulty to cope the supply rapidly. South Africa is the biggest gold producer in the world. Since 1931, South Africa drop to the lowest stage due to high price in gold for already 16 years. As we know that, India is the biggest country that purchasing gold in the earth. Chinas is growing rapidly in economy. Both countries have the freedom in their laws and regulations regard to the golds import and export that will help purchasing gold in a numerous amount. China is expected to be the second biggest developed country by Year 2020, which the economy is growth is 9% per year. American consumes more on Chinese products which is $162 billion for last year. Lately, the 4 majors commercial banks in China acknowledge selling gold bars to people after they had passed the countrys regulation. Before the acknowledgement, people only can purchase gold-backed certificates from the bank only. As a store of value Gold is an asset that can always remain the same value on it, which mean its value will not vanish when market collapse. So, this is the attractiveness for people who owned gold. The price of gold is unpredictable in short term, however gold able to maintain its value. An economist, Stephen Harmston of Bannock Consulting had made some comment in a 1998 report for the World Gold Council. As a portfolio diversifier Lastly, investors would like to expand their portfolio, the most efficient way to diversify portfolio and keep the wealth that formed in the stock and financial markets is invest towards assets that adversely corresponded with markets. This is why gold will as a portfolio diversifier because it is an adversely corresponded asset to the stock markets. Mostly investment advisors known that portfolio diversifier can better the portfolio performance. Searching investments that are uncorrelated to each other is the way to diversification. In order to the risk reduction, most of the investors combine asset like gold with stock and bond. The reason is stocks and bonds are fairly directly corresponded with each others. Gold had a low correspondence with bonds and stocks previously. Gold is significant for a diversified portfolio due to the reaction of price. Gold also allocation as a hedge against the corrosion of purchasing power of paper notes consumption by people. Gold still underground Those un-mined gold shows in the mining companies as reserves where any of the reasonable and confidence that can be extract economically. The reserves that remain are about 40% of the total of gold above ground which is about 50,000 tonnes. There are 50% of un-mined gold which is the worlds recognized stock in South Africa. According to Metal Economics Group, the main gold producers increased their reserves that had reported to 719.7 million or more than 22,000 tonnes at the end of 2005. If 10% recovery of losses when the extraction of ore, which mean it is equal to 14 years level of gold production in Year 2005. Inelastic supply Inelastic supply also can say as inflexible supply for gold. This is because gold is hard to find a substitute for it. For gold mined production, it really need long times, usually 5 years times and require a lot of money. This will result the supply curve of the gold equation be constant. When there is a roar times, everyone is courage to invest in and will takes a great period in gold mined production at the end. Then, a decision will make on excess inflated for the price that will be attain in the end. However, there is an inclination to ensuing over-production for the attainable price. The golds price roar in Year 1979 and 1980 brought up growing production from bottom to the peak of 1200 tonnes to 2600 tonnes in Year 1999 respectively. All major countries producing excluding South Africa that considerably increased production in this period. Once the production started to falls, gold mined will also become worthless. The undistinguished gold market resulted in reduction for the investigation. Hence, a lesser number of new gold mined waiting to be produce than demands anticipation from the market. Physical gold quantities The table below showed the comparison of kilogram quantities for gold with monetary values, spatial volumes, and meaningful human measurements. Kilograms Value @ 390$ / Oz Litres How much 0.008 $100 0.00041 A British sovereign coin 0.031 $390 0.00161 US Eagle / Canadian Maple coin 0.100 $1,254 0.00518 0.500 $6,269 0.02591 1 $12,539 0.0518 1 kilo a golf ball sized sphere 2 $25,077 0.1036 3 $37,616 0.1554 4 $50,154 0.2073 5 $62,693 0.2591 6 $75,231 0.311 A can of Coke 7 $87,770 0.363 8 $100,309 0.415 9 $112,847 0.466 10 $125,386 0.518 12 $156,000 0.645 A standard 400 oz bullion bar 20 $250,772 1.04 A litre bottle of water 50 $626,929 2.59 100 $1,253,858 5 A good sized deposit box 1,000 $12,538,580 52 10,000 $125,385,802 518 Half a cubic metre fits in a corner of a small bank vault. 100,000 $1,253,858,025 5,181 Ãâà 1,000,000 $12,538,580,000 51,813 A small living room and more than twice Britains gold reserve. 8,139,000 $102,051,504,000 421,710 The US gold reserve fits into a town house.Ãâà Fort Knox is mostly empty space! 30,000,000 $376,163,190,000 1,554,404 The worlds total financial reserve of gold (central banks + significant global financial institutions) 100,000,000 $1,253,858,024,000 5,181,347 The approximate total of all privately held jewellery, bullion and coin 140,000,000 $1,755,401,234,000 7,253,886 All the gold in the world A block with edges 3 metres short of a standard sized tennis court. $7,000,000,000,000 The current US sovereign debt (which excludes future pension and health obligations, none of which have been reserved against in the public accounts)
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