Business as Usual after Marikana

Description

Front Cover; The International Gold Trade; Copyright Page; Table of Contents; Preface; Note; Part I: Markets and trade; CHAPTER 1. The structure of the market; Introduction; Production of newly mined gold; The central banks; Supply from hedging transactions; The demand for gold; Fabrication offtake; Investment offtake; CHAPTER 2. Bullion trading centres and transactions; Many markets and one; London; Zurich; Geneva; Other European markets; New York; Dubai; Bombay; Other centres; Transactions in the bullion market; CHAPTER 3. Bullion offtake and international trade; Introduction. Front Cover The International Gold Trade Copyright Page Table of Contents Preface Note Part I: Markets and trade CHAPTER 1. The structure of the market Introduction Production of newly mined gold The central banks Supply from hedging transactions The demand for gold Fabrication offtake Investment offtake CHAPTER 2. Bullion trading centres and transactions Many markets and one London Zurich Geneva Other European markets New York Dubai Bombay Other centres Transactions in the bullion market CHAPTER 3. Bullion offtake and international trade Introduction. Western EuropeSwitzerland The UK Italy Other markets in Western Europe North America Japan Taiwan Hong Kong South-East Asia India The Middle East The Commonwealth of Independent States China Other markets CHAPTER 4. Futures and options markets Futures markets Uses of futures contracts Options markets PART II: The production of gold CHAPTER 5. Geology, mining and refining The geology of gold Mining Beneficiation Refining CHAPTER 6. Gold mining -- the big producers Introduction South Africa The US Australia Canada The Commonwealth of Independent States. CHAPTER 7. Gold mining -- other producersIntroduction China Brazil Other Latin American producers Africa Asia and the Pacific Other areas PART III: The uses of gold CHAPTER 8. Jewellery Introduction Determinants of jewellery demand Adornment jewellery and investment jewellery Jewellery markets in Western countries and Japan Jewellery in other countries Variations in caratage and other characteristics Prospects for gold jewellery CHAPTER 9. Industry and coinage Introduction Electronics Dental and medical Miscellaneous decorative and industrial applications. Medals and imitation coinsGold coins CHAPTER 10. Gold as money The rise and fall of gold Banking and gold The gold standard in the early days A universal gold standard The return to gold The Bretton Woods system The gold pool The two-tier market The end of convertibility Demonetisation by the IMF International reserves The distribution of gold reserves The future CHAPTER 11. The gold price -- history and prospects The fixed price era Long term comparisons Currency considerations Macroeconomic influences Supply and demand prospects APPENDIX I: Gold bars and products. APPENDIX II: The A to Z of optionsAPPENDIX III: Soviet gold exports and reserves APPENDIX IV: China's gold reserves Bibliography Index.