Has the gold rush stimulated renewal?

Article Abstract:

The price of gold is influenced by many factors, including international politics, greed, and technology. Gold typically is located in inaccessible places in politically troubled areas, and is costly to extract. Annual transactions between governments and official organizations, at 500 tonnes, represents a fraction of the annual global production of two million tonnes. The majority of gold consumption is by the jewelry trade, with jewelry often representing a convenient store of value. Gold is considered a classic hedge against inflation, and it has begun to increase in price due to the renewed interest in gold as an investment medium. Gold could settle at a price of just above $500 an ounce in the early 1990s and is a sound investment medium because while the downside of gold is limited, its potential for appreciation is great.

Gold ores, Coal and other minerals and ores, Analysis, Gold industry, Gold

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Seats in the stand: a high price to pay

Article Abstract:

Britain's soccer clubs are facing severe economic difficulties as they struggle to cope with the twin pressures of rising players' wages and the higher expenditures needed for the development of all-seater stadia. Rising player wages, have been fuelled, in part, by increased competition from foreign clubs, while the development of all-seater stadia has been made mandatory for all clubs by 1999. Several well-known clubs have had their financial problems exacerbated by ill-timed forays into unrelated businesses. The creation of the Football Association's Superleague in 1992 has also complicated matters, as it is expected to significantly reduce the advertising revenue of many of Britain's troubled lower-division clubs.

Sports clubs, managers, & promoters, Economic aspects, Soccer teams, Soccer fields

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