If a large fraction of the value of gold was based on it's technical uses, the gold price should be more stable IMHO.
My understanding is that the opposite is actually true. Silver for example has a lot more industrial uses than gold but the market is much more volatile. Admittedly part of the reason is that the silver market is much smaller than the gold market, but another major part has to do with the business cycle.
For example, if there is a huge economic downturn, silver will get hit harder since industrial demand will drop as the economy contracts (i.e. less people buying audio wires). Since there is little industrial gold demand, the price will actually be more stable.
Thats exactly correct. For a good description of the properties of money, check out the following link:
You can currently hook up a tablet to your laptop as a second monitor. My understanding is that depending on the software your using though, it can be a bit laggy. It would be nice if someone decided to design a tablet specifically for use in conjunction with a laptop.
Does anyone know what the best laptop/tablet solution is?
From my understanding, programmers making 300 - 400 thousand in the financial industry are typically quantitative analysts or financial engineers with masters degrees or Phds in these fields. Their primary duties are things like modeling complicated financial scenarios or finding statistical anomalies to exploit in high frequency trading. Yes they code their strategies but I don't know if I'd put them in the same category as your typical programmer.
Two Missing options depending on context
1. I get my nourishment through intravenous you
2. I'm the top not the bottom you insensitive clod!
I attribute my success to intelligence, guts, determination, honesty, ambition, and having enough money to buy people with those qualities.