The 5 Best Ways to Cash in on Gold
The 5 Best Ways to Cash in on Gold
One of the best performing assets in the last couple of years is gold, and that’s no coincidence. The precious metal is seen by many as the ultimate store of wealth. For thousands of years, gold has been recognized as a store of wealth that transcends governments and civilizations.
This article will look at how we can go about trading gold and the different ways in which you can do so.
How to trade gold
There are a number of ways to trade gold, each with advantages and disadvantages over other areas.
Spread betting
IGindex is the market leader in spread betting, but not many people are aware that the “G” in IG stands for gold. IG Index started life as a means of helping everyday traders trade gold.
You can trade the daily “spot” price of gold or the near quarter futures. For any trades you hope to hold for two weeks or more, the near quarter future price is probably the best due to the overnight rolling fees on the spot market.
Advantages of spread betting gold:
* Capital gains and income tax free.
* Leverage.
* No commission to pay makes small trades possible.
* Easy to trade short or long-term moves.
Disadvantages of spread betting gold:
• Leverage! Small movements can adversely affect your account if overexposed.
• A relatively large spread especially on the spot market.
• Not buying actual gold.
Trading gold directly on the futures market is another popular option with large traders with similar mechanisms to spread betting. The advantage over spread betting is the wafer-thin spreads, but the downside is the large cost of entry.
Take a punt: Fixed odds betting
Fixed odds trading allows you to take a simple bet on gold along the same lines as a sports bet. Similar to sports betting, your bet will either win or lose with you maximum reward and your maximum risk known from the outset. The main fixed odds betting broker is Betonmarkets.com, though no doubt IG index offer some fixed odds or “binary” bets.
In the middle of June, gold was trading $ 20 off its all-time high of $ 1,252. It had struggled to make significant progress beyond this barrier, but there is rising support cushion beneath.
Gold has actually been quite strange near all-time highs in the last year or so. According to my database, every time gold makes a 100 day high, the price pulls back the next day 52% of the time. Buying gold the next day after making 100 day highs would have actually lost you 5% since 2007.
In summary, fixed odds trading can be a great tool for trading gold in certain situations, especially considering how jittery it can be at all-time highs.
Advantages of fixed odds trading gold:
• Tax free.
• Low cost of entry.
• Simple to use.
• Fixed risk.
Disadvantages of fixed odds trading gold:
* There is a spread built into the bets which means that gold may have to move more than you think.
* You don’t gain from gold pushing higher and higher in one of its mega trends unless you make specific bets on that happening.
Covered warrants
Covered warrants combine the benefits of Spread betting and fixed odds betting. You have limited risk but unlimited upside. You buy a warrant for a set price and your total risk is limited to this purchase price you paid, often at a fraction of gold itself.
The two important components of a covered warrant trade on gold is the strike price and the time expiry.
The strike price is the point beyond which your trade will start to make money. The time expiry is how long you’re willing to give the trade to make money.
For example, if gold is at $ 1,200 you might buy a (call and up warrant) with a strike of $ 1,300.
The closer gold is to your chosen trigger, or strike price and the longer time limit you give it, the cheaper the warrant will be. The further away gold is from your strike price and the shorter the time period, the cheaper your warrant will be.
Advantages of covered warrants trading gold:
• Risk known from the start.
• Tax free if traded through a SIPP.
• Unlimited upside.
Disadvantages of covered warrants trading gold:
• Only tax free within a SIPP.
• More expensive than regular options.
Investing for the medium to long term - Gold shares and ETFs
In the last few years there has been an explosion in the popularity of Exchange Traded Funds (ETF).
Unlike traditional stock market funds, these ETFs aim to track an underlying market as cheaply and as closely as possible. Buying an ETF is as simple as buying a regular share and you can enjoy capital gains tax freedom by investing within an ISA or SIPP wrapper.
ETFs can be traded intraday, but for most people they are best for trades lasting a month upwards.
There are dozens of gold ETFs out there, but the most popular by far are:
GLD: This ETF tracks gold in US dollars.
GBS: Lyxor’s Gold Bullion Securities in sterling.
Individual gold mining companies can be an exciting investment with a major discovery potentially doubling or tripling a share price overnight. Gold mining companies may also pay dividends which will boost returns in the long run.
The main disadvantage of buying gold companies instead of gold is that you are not gaining direct exposure to the precious metal. Quite often gold will outperform gold mining companies and vice versa.
The world’s largest gold mining companies are all listed outside, with most in the US or Canada. These are: Barrick Gold, Goldcorp, AngloGold Ashanti & Newmont Mining Corporation.
The world’s biggest gold producer is the UK listed Rio Tinto. Other UK companies with gold exposure include: Petropavlovsk (POG), Rangold Resources (RRS) and Highland Gold Mining with a certain Roman Abramovitch as a part owner.
Advantages of using gold ETFs & shares:
• Tax free if traded through a SIPP or self-select ISA.
• Cheap way to make medium to long-term trades on gold.
• Tight spreads.
Disadvantages of using gold ETFs:
• Only tax free within a SIPP or self-select ISA.
• Commission payable on each transaction. Need a discount broker and healthy bank size to make multiple short-term trades worthwhile.
• Gold miners not directly linked to the price of gold.
Buy gold without the hassle of storage
The classic way to hold gold in your name without the hassle of storing it is to purchase a certificate through the Perth Mint. This is operated by the State of Western Australia, so it’s a legitimate scheme. You can purchase certificates through brokers such as Baird & Co who are mentioned in the next section.
Another method is to use a website such as BullionVault to buy gold based on physical assets. BullionVault stores gold in vaults in London, New York and Zurich and effectively allows you to buy a share of that gold with a certificate available stating that proportion of gold is physically yours.
Depending on the number of transactions you make, BullionVault may be a cheaper alternative to holding gold via an ETF as their storage costs are around 0.12% vs around 0.4% per year management fees for ETFs.
You can also buy gold in various currencies including British pounds:
Advantages of using certificated gold.
• Minimum storage costs.
• Certificate of ownership linked directly to allocated gold.
• Tradable if doing so in sufficient size.
Disadvantages of using certificated gold.
• Tax situation unclear.
• Still not owning physical gold.
Time to buy that crossbow - Investing in physical gold
Perhaps the ultimate safety net is holding some physical gold. There are two main methods of purchasing physical gold as follows:
1. Gold coins
Major economies issue their own gold coins with the most famous in the UK being gold sovereigns. Other famous gold coins include US Eagles, South African Krugerrands, Canadian Maple Leafs and Australian Kangaroos. Price depends on the age and weight of the coin.
2. Gold bars
Gold bars can be purchased in various sizes with little variation in the ground of origin. It seems a gold bar is a gold bar. Prices range from 83.00 for a 2.5 gram bar up to 26,000 for a 1KG bar!
Recommended Reading
- Canadian Coins
- Pcgs Gold Ensure Your Gold Coins Are Genuine
- Finance And Business? Two Sides of A Coin
- Games Tips Roll a Coin on the Knuckles in PSP
- How I Chose My Gold & Silver Coin MLM Business
Related posts:
- 7 Ways to Make a Gold Investment 7 Ways to Make a Gold Investment There are many options available to people interested in gold investing. Investments can be made by purchasing and storing physical gold, purchasing items...
Question 4
To work well as a medium of exchange, an item must be
Answer
portable.
durable.
easily divisible.
all of the above.
2 points
Question 5
A claim on the property and income of the borrower is called
Answer
a capital gain.
an equity.
a financial asset.
an investment.
2 points
Question 6
What is one of the most promising strategies for success that an investor can follow?
Answer
Invest in penny stocks.
Invest consistently over a long period of time.
Concentrate on options rather than equities.
Look for complex investments rather than simple ones.
2 points
Question 7
An investor views a corporate bond as
Answer
a tax-free investment.
a way to obtain ownership in a corporation.
a financial asset that generates interest.
a risk-free investment.
2 points
Question 8
How many shares were traded on this particular day?
Use the table to answer the questions.
Answer
22,015
2,201,500
22,015,000
2,2501
2 points
Question 9
Fiat money is
Answer
money in checking accounts.
money that has value as a good.
money that is valuable only because the government says it is.
near money that can easily be converted into money.
2 points
Question 10
United States Treasury Bonds
Answer
are generally regarded as the safest of all financial assets.
pay the highest return.
both a and b are true statements
neither a nor b is a true statement
2 points
Question 11
The Dow-Jones Industrial Average
Answer
advertises good stock investments.
involves only the bond market.
represents the best capital markets.
is based on the performance of 30 representative stocks.
2 points
Question 12
What is the value of a ten dollar bill?
Answer
The value of the goods and services it can buy.
It is hardly worth the paper it is printed on.
The cost of the paper it is printed on.
The ten dollars in gold used to back it up.
2 points
Question 13
Exceptionally risky bonds are
Answer
mutual funds.
pension funds.
individual retirement accounts.
municipal bonds.
junk bonds.
2 points
Question 14
An example of using money as a store of value would be
Answer
lending your brother $25.00.
opening a checking account.
opening a savings account.
purchasing new jeans for $50.00.
2 points
Question 15
Most of the money in circulation is in
Answer
paper money.
checks.
savings.
coins.
2 points
Question 16
An example of the barter system would be when
Answer
you do the taxes for your dentist in return for him cleaning your teeth.
you pay cash for purchases instead of using a credit card.
you use a credit card for your purchases instead of paying cash.
you use a foreign currency instead of dollars to make your purchases.
2 points
Question 17
A city that wants to finance a new library would issue
Answer
junk bonds.
treasury bonds.
savings bonds.
municipal bonds.
2 points
Question 18
Tax exempt bonds issued by state and local governments are
Answer
mutual funds.
pension funds.
individual retirement accounts.
municipal bonds.
junk bonds.
2 points
Question 19
A long-term, tax-sheltered time deposit that an individual can set up to draw on in the future.
Answer
mutual fund
pension fund
individual retirement account
municipal bond
junk bond
2 points
Question 20
More money becomes available for economic growth when
Answer
people save.
interest rates are high.
there is high unemployment.
only non-bankk institutions are involved.
2 points
Question 22
All of the following are steps in making a successful budget EXCEPT
Answer
make list of all income.
keep records of all expenses.
charge what you can’t afford.
organize expenses into categories.
2 points
Question 23
It is important to keep accurate records of your bank account because
Answer
your banking record becomes an important part of your credit history.
it looks nice in your check register.
you will be tested over it later.
your bank requires it.
2 points
Question 24
Disadvantages of credit are
Answer
overspending.
finance charge.
both A & B.
neither A nor B.
2 points
Question 25
All of the following are types of bankruptcy EXCEPT
Answer
Chapter 2.
Chapter 7.
Chapter 9.
Chapter 11.
2 points
Question 26
Insurance can be defined as
Answer
part of credit.
transfer of risk of a potential loss.
a risky purchase.
transfer of loss.
1. By the 1670s, planters in Virginia began to switch to slave labor because __________.
A. they could use slaves as collateral and expand their plantations
B. the use of slave labor could help them receive tax credits
C. more and more Englishmen wanted to become indentured servants
D. the advances in technology demanded more efficiency
2. Select the choice that best completes the analogy shown in the graphic.
A. towns.
B. sawmills.
C. harbors.
D. fishing boats.
3. Mercantilists believed that to become wealthy and powerful, a country had to __________.
A. constantly increase production
B. find new overseas markets
C. steadily raise prices
D. acquire gold and silver
4. What was the South’s first successful cash crop?
A. rice
B. indigo
C. tobacco
D. wheat
5. What brought prosperity to New England?
A. fishing and whaling
B. tobacco
C. rice
D. indigo
6. The plantation system in the South created what type of society?
A. democratic
B. independent
C. religious
D. one with separate social classes
7. Participation in town meetings and creation of local governments were central practices in which colonial society?
A. South
B. New England
C. Middle Colonies
D. All colonial societies
8. What contributed to colonial merchants’ success, causing some ports to turn into cities?
A. import of goods directly from England
B. the discovery of gold
C. manufactured goods produced in America
D. triangular trade
9. Who was at the top of the new social structure that emerged after the development of American cities?
A. artisans
B. wealthy merchants
C. farmers
D. ship loaders
10. The Virginia slave code defined the __________.
A. legal distinction between indentured servants and slaves
B. age at which enslaved men and women could be freed
C. laws by which indentured servants had to live
D. relationship between enslaved people and free people
11. Colonial America’s population grew through which of the following?
A. Immigration
B. High birth rate
C. Import of African slaves
D. All of the above
12. Which new way of thinking promoted logic and reasoning?
A. deductive
B. rationalism
C. naturalism
D. inductive
13. The movement that advocated rationalism, influencing the American colonies, is known as __________.
A. The Enlightenment
B. The Advancement
C. The Great Awakening
D. The Glorious Revolution
14. Which Enlightenment writer influenced the political ideas in America by encouraging a government by the choice of the people?
A. George Whitefield
B. Jonathan Edwards
C. Sir Edmund Andros
D. John Locke
15. Which idea about political power did Enlightenment writer Baron Montesquieu promote, later influencing the formation of American government?
A. political power should be held only by the president
B. political power should not be given to the people
C. political power should be separated into three branches of government (executive, legislative, and judicial)
D. political power should be held by the elite classes
16. The movement which involved religious revivals in the colonies was known as __________.
A. The Enlightenment
B. The Advancement
C. The Great Awakening
D. The Glorious Revolution
17. One result of the Great Awakening in the colonies was __________.
A. church attendance decreased
B. new churches were created based on new ideas, separating from traditional churches
C. people returned to traditional beliefs and ways of thinking
D. people believed a new government was needed in the colonies
18. The first skirmish of the French and Indian War occurred because __________.
A. the French organized Native American attacks on frontier settlements
B. both the French and the British wanted the Ohio River valley
C. the French ambushed a British detachment near Quebec City
D. both the French and the British claimed Louisiana
19. In response to Britain’s early interest in the Ohio River valley, what did the French do?
A. met with the British to discourage their interest
B. attacked British settlers in the area
C. built forts from Lake Ontario to the Ohio River
D. tried to negotiate a compromise to share the land
20. The Albany Plan of Union proposed that __________.
A. the Iroquois unite with the British against the French
B. the colonies unite to form a federal government
C. the colonies unite with the British against the French
D. the colonies unite with the French against the British
21. The treaty that ended the French and Indian War eliminated __________.
A. Great Britain’s debts from the war
B. colonial resentment toward Great Britain
C. Spain’s power in North America
D. French power in North America
22. Who attacked British settlers in
Have you heard the news that Bob Iaccino joined forces with Vladimir Ribakov, now 2 Powerful and Proven traders are now Trading The Forex, with The Forex Signals.
I just had to let you know! Check out the latest info, goto http://www.trading-the-forex.com
He is arguably one of the best traders on the planet and you may have already heard of Bob Iaccino, as the financial media networks are always asking his opinions and analysis of the markets.
Let’s have a look at how each tier of membership will benefit you:
1, If you are just starting your Forex trading adventures, then this is the perfect level for you.
We’ll focus on delivering trading signals for 5 currency pairs (EURUSD, GBPUSD, USDCAD, EURGBP, USDCHF plus 2 Commodities) on the short-term 1hr Chart, as well as any longer-term 4hr and Daily Chart trade signals.
You’ll be able to investigate and study the trades at your own pace and graduate to the higher levels when you’re comfortable with the process and you’re achieving
profitable results.
http://www.trading-the-forex.com
2, This level is for the trader who is familiar with the Forex market and wants to step-up their game. We’ll open up the floodgates a bit and alert you to money-making trades for 10 different currency pairs on the 1hr Chart, as well as any longer-term 4hr and Daily Chart trade signals PLUS Gold, Silver, Wheat and the S&P500 index.
The currency pair signals which you will get: EURUSD, GBPUSD, EURGBP, USDCAD, USDCHF, USDJPY, EURJPY, EURCHF, EURAUD, AUDJPY.
This is a great way to start to ramp up your trading activity, on the way to becoming a profitable and successful trader.
http://www.trading-the-forex.com
3, Ready for blistering fast signals pounding your email in-box and cell phone all-day long? If so, then you’ll want to upgrade to the Senior Trader level.
You’ll get the full raw power access to signals on the following currency pairs: EURUSD, GBPUSD, EURGBP, USDCAD, USDCHF, USDJPY, EURJPY, EURCHF, EURAUD, AUDJPY, GBPJPY, GBPCHF, GBPNZD, AUDUSD, NZDUSD, GBPCAD, NZDJPY, CHFJPY, EURCAD
PLUS all the commodities and indices that we cover: GOLD, SILVER, WHEAT, S&P500, OIL, NATURAL GAS, PLATINUM, CORN, SOYBEANS, DOW, NASDAQ, DAX, FTSE, CAC and NIKKEI …as well as others that will be introduced into the service.
If you want the keys to the Kingdom, then this is the package for you. This level is what every trader aspires to be. If you have the time and resources at your disposal to make this a full-time income and are prepared to put in the effort to optimize your results, then this is the level you should consider. However, don’t even think about this level unless you are prepared to make tons of cash AND you are prepared to put in the effort to be mentored to the level that makes us proud to do what were doing. Don’t waste your time or ours if you’re not serious about this. Seriously. As a Senior Trader you’ll get immediate access to premium services, priority alerts, and signals for all the commodities and currency pairs as listed above. Being a Senior Trader is as close as you get to being a full-fledged partner. If you want to be the boss and grow a money pile in weeks rather than months then fast-track yourself to the Senior Trader level.
P.S. You are not risking a penny. In 60 days decide if you want to stick with the Service. If you aren’t happy – one email gets your money back. It’s fair AND a no-brainer.
Check out these Powerful and Proven Traders and all the latest info
http://www.trading-the-forex.com
Happy Trading
Try predicting. Who will be the next line of 10 men, who will hold WWE Gold?
Make a list in order chronologically(by time) and try saying why.
Here’s my predictions:
1. Chris Jericho(Elimination Chamber 2012 to WMXVIII) - It’s too obvious, if he does return. Chris Jericho hopefully will return on 1/2/11 to engage in a feud with CM Punk. It is rumored he will be on a short schedule returning to the WWE, so it will be good giving him a title run just once before he leaves again.
2. CM Punk(WMXVIII to MITB 2012) - After competing in the feud with Jericho during the WrestleMania season, CM Punk will resume his spot at the top of WWE with a semi-lengthy WWE Championship run. The youth movement will be in full effect at this point, and Punk will be leading the way. After retaining the championship at Extreme Rules and Over The Limit, CM Punk will lose the WWE title at Money In The Bank to….
3. Dolph Ziggler(MITB 2012 to Night of Champions 2012) - At Money In The Bank 2012, Dolph Ziggler will win the Raw Money In The Bank match and cash in on CM Punk later that night, winning his first major title in WWE (not counting that brief reign as WHC on SmackDown).Ziggler is developing into quite a talent for WWE, and this should be the first of many reigns for the so-called “show-off.”
4. John Cena(NOC 2012 to Vengeance 2012) - After a long absence where John Cena didn’t hold a WWE title, he will return in full form at Night of Champions; after all Cena is one of WWE’s most glorious title holders.Cena will win a multi-man championship match, and Superman will make his return to the the top, unfortunately still with a face persona.If Cena stays out of the title picture for long enough, it will be exciting when he regains it…maybe.
5. The Miz(Vengeance 2012 to Survivor Series 2012) - At Vengeance 2012, the Awesome One will once again hold the most awesome title in WWE. Miz will be in and out of the title picture in the coming months, but will fail to regain the gold until September. Maybe a move to SmackDown could help Miz, as Raw is becoming crowded with title contenders.With so many worthy contenders, it becomes very difficult for everyone to share the glory of WWE.
6. CM Punk(SS 2012 to RR 2013) - Once again, the top superstar in WWE will hold the top title in WWE. By now, Punk will have cemented himself as the main event of WWE for the future, and this title reign will just be one of many. Punk will retain his title through the dangerous TLC PPV, but lose it cleanly at Royal Rumble to a familiar face, pushing this young rising superstar to the top.
7. Zack Ryder(RR 2013 to WM29) - At next years Royal Rumble, Zack Ryder will beat his friend CM Punk for the WWE Championship, sending the former friends into a WrestleMania feud! Ryder will be impressive as he retains the WWE Championship through Elimination Chamber, allowing people to take him seriously as a major title holder.
8. CM Punk(WM29 to Extreme Rules 2013) - The face of WWE will be on top once again, defeating Zack Ryder for the WWE Championship at WrestleMania 29 in a classic match. A WWE Championship reign is nothing new for CM Punk, who will be seeing many of them before his Hall-of-Fame career is done.
9. Wade Barrett(Extreme Rules 2013 to NOC 2013) - Wade Barrett will hold the WWE Championship, after coming over to Raw in the WWE Draft. Barrett will be a major threat at this time, and already should have held the World Heavyweight Championship on SmackDown. Barrett’s win will establish him as a major contender going forward, as he is immensely talented in all aspects.
10. Cody Rhodes(IDK to IDK) - Rhodes is talented in so many aspects right now making him one of the best heels and wrestlers in the business today. And it seems so stupid that they are degrading his talent with feuds with legends like Booker T that make no sense(no respect to Booker T). Hopefully Cody wins WHC soon or comes to RAW to take the WWE Gold.
But those are just my predictions…
Question 4
To work well as a medium of exchange, an item must be
Answer
portable.
durable.
easily divisible.
all of the above.
2 points
Question 5
A claim on the property and income of the borrower is called
Answer
a capital gain.
an equity.
a financial asset.
an investment.
2 points
Question 6
What is one of the most promising strategies for success that an investor can follow?
Answer
Invest in penny stocks.
Invest consistently over a long period of time.
Concentrate on options rather than equities.
Look for complex investments rather than simple ones.
2 points
Question 7
An investor views a corporate bond as
Answer
a tax-free investment.
a way to obtain ownership in a corporation.
a financial asset that generates interest.
a risk-free investment.
2 points
Question 8
How many shares were traded on this particular day?
Use the table to answer the questions.
Answer
22,015
2,201,500
22,015,000
2,2501
2 points
Question 9
Fiat money is
Answer
money in checking accounts.
money that has value as a good.
money that is valuable only because the government says it is.
near money that can easily be converted into money.
2 points
Question 10
United States Treasury Bonds
Answer
are generally regarded as the safest of all financial assets.
pay the highest return.
both a and b are true statements
neither a nor b is a true statement
2 points
Question 11
The Dow-Jones Industrial Average
Answer
advertises good stock investments.
involves only the bond market.
represents the best capital markets.
is based on the performance of 30 representative stocks.
2 points
Question 12
What is the value of a ten dollar bill?
Answer
The value of the goods and services it can buy.
It is hardly worth the paper it is printed on.
The cost of the paper it is printed on.
The ten dollars in gold used to back it up.
2 points
Question 13
Exceptionally risky bonds are
Answer
mutual funds.
pension funds.
individual retirement accounts.
municipal bonds.
junk bonds.
2 points
Question 14
An example of using money as a store of value would be
Answer
lending your brother $25.00.
opening a checking account.
opening a savings account.
purchasing new jeans for $50.00.
2 points
Question 15
Most of the money in circulation is in
Answer
paper money.
checks.
savings.
coins.
2 points
Question 16
An example of the barter system would be when
Answer
you do the taxes for your dentist in return for him cleaning your teeth.
you pay cash for purchases instead of using a credit card.
you use a credit card for your purchases instead of paying cash.
you use a foreign currency instead of dollars to make your purchases.
2 points
Question 17
A city that wants to finance a new library would issue
Answer
junk bonds.
treasury bonds.
savings bonds.
municipal bonds.
2 points
Question 18
Tax exempt bonds issued by state and local governments are
Answer
mutual funds.
pension funds.
individual retirement accounts.
municipal bonds.
junk bonds.
2 points
Question 19
A long-term, tax-sheltered time deposit that an individual can set up to draw on in the future.
Answer
mutual fund
pension fund
individual retirement account
municipal bond
junk bond
2 points
Question 20
More money becomes available for economic growth when
Answer
people save.
interest rates are high.
there is high unemployment.
only non-bankk institutions are involved.
2 points
Question 22
All of the following are steps in making a successful budget EXCEPT
Answer
make list of all income.
keep records of all expenses.
charge what you can’t afford.
organize expenses into categories.
2 points
Question 23
It is important to keep accurate records of your bank account because
Answer
your banking record becomes an important part of your credit history.
it looks nice in your check register.
you will be tested over it later.
your bank requires it.
2 points
Question 24
Disadvantages of credit are
Answer
overspending.
finance charge.
both A & B.
neither A nor B.
2 points
Question 25
All of the following are types of bankruptcy EXCEPT
Answer
Chapter 2.
Chapter 7.
Chapter 9.
Chapter 11.
2 points
Question 26
Insurance can be defined as
Answer
part of credit.
transfer of risk of a potential loss.
a risky purchase.
transfer of loss.
OKAY HERE IS THE SCOOP: I HAVE TO RUN THIS QUESTION BY 3-4 PEERS, CO-WORKERS,FRIENDS,FAMILY ETC. BUT TONIGHT I HAVE TO CLEAN THE CHURCH MYSELF. SO, I COME TO THE PEOPLE OF YAHOO WORLD AND ASK THIS QUESTION. IT’S FOR A FINAL. I HAVE ALREADY FINISHED THE OTHER 24 QUESTIONS, BUT THIS SOUNDS LIKE A TRICKY ONE. WILL VOTE FOR BEST. HAVE TO WRITE ABOUT A PARAGRAPH FOR THE ANSWER. THANKS ALL FOR THE HELP. SURE THIS WILL BE FUN FOR SOMEONE OUT THERE, BUT AFTER 24 OTHERS I’M JUST BURNT OUT, PLUS I’M HERE BY MYSELF CLEANING. THANKS ALL. 5 STARS TO THE BEST INDEPTH PRO. ANSWER.
READY…SET…ANSWER..(lol).
Bill Smith and his girlfriend Susie Jones decided to visit the local Megla-Mart to buy the newest CD by the heavy metal band, “Momma’s Boy.” Because they needed cash, they formed a plan to break into the house of Bill Smithers a local Certified Public Accountant. The pair approached the Smithers’ porch and gained entrance through an open window located on the first floor. Smith slipped through the window and made his way through the dining room and located a gold plated ten key calculator that Smithers kept above the fireplace. Susie remained outside until she became frightened by the Smithers’ pet rabbit that had hopped onto the porch and then she began to climb through the window by sticking her left leg through the opening. At this moment, Smithers surprised the pair and called the police. Smith quickly ran outside and Jones never completely entered the residence. Smith and Jones are being charged with burglary of a residence. Discuss the following: 1. What are the elements of burglary? 2. Can Jones be charged with burglary considering her entrance into the residence was incomplete? 3. Would your answer change if Smithers lived in old porta potty on a vacant lot?
SOME GREAT QNSWERS SO FAR, YOU GUYS ROCK!!
1. By the 1670s, planters in Virginia began to switch to slave labor because __________.
A. they could use slaves as collateral and expand their plantations
B. the use of slave labor could help them receive tax credits
C. more and more Englishmen wanted to become indentured servants
D. the advances in technology demanded more efficiency
2. Select the choice that best completes the analogy shown in the graphic.
A. towns.
B. sawmills.
C. harbors.
D. fishing boats.
3. Mercantilists believed that to become wealthy and powerful, a country had to __________.
A. constantly increase production
B. find new overseas markets
C. steadily raise prices
D. acquire gold and silver
4. What was the South’s first successful cash crop?
A. rice
B. indigo
C. tobacco
D. wheat
5. What brought prosperity to New England?
A. fishing and whaling
B. tobacco
C. rice
D. indigo
6. The plantation system in the South created what type of society?
A. democratic
B. independent
C. religious
D. one with separate social classes
7. Participation in town meetings and creation of local governments were central practices in which colonial society?
A. South
B. New England
C. Middle Colonies
D. All colonial societies
8. What contributed to colonial merchants’ success, causing some ports to turn into cities?
A. import of goods directly from England
B. the discovery of gold
C. manufactured goods produced in America
D. triangular trade
9. Who was at the top of the new social structure that emerged after the development of American cities?
A. artisans
B. wealthy merchants
C. farmers
D. ship loaders
10. The Virginia slave code defined the __________.
A. legal distinction between indentured servants and slaves
B. age at which enslaved men and women could be freed
C. laws by which indentured servants had to live
D. relationship between enslaved people and free people
11. Colonial America’s population grew through which of the following?
A. Immigration
B. High birth rate
C. Import of African slaves
D. All of the above
12. Which new way of thinking promoted logic and reasoning?
A. deductive
B. rationalism
C. naturalism
D. inductive
13. The movement that advocated rationalism, influencing the American colonies, is known as __________.
A. The Enlightenment
B. The Advancement
C. The Great Awakening
D. The Glorious Revolution
14. Which Enlightenment writer influenced the political ideas in America by encouraging a government by the choice of the people?
A. George Whitefield
B. Jonathan Edwards
C. Sir Edmund Andros
D. John Locke
15. Which idea about political power did Enlightenment writer Baron Montesquieu promote, later influencing the formation of American government?
A. political power should be held only by the president
B. political power should not be given to the people
C. political power should be separated into three branches of government (executive, legislative, and judicial)
D. political power should be held by the elite classes
16. The movement which involved religious revivals in the colonies was known as __________.
A. The Enlightenment
B. The Advancement
C. The Great Awakening
D. The Glorious Revolution
17. One result of the Great Awakening in the colonies was __________.
A. church attendance decreased
B. new churches were created based on new ideas, separating from traditional churches
C. people returned to traditional beliefs and ways of thinking
D. people believed a new government was needed in the colonies
18. The first skirmish of the French and Indian War occurred because __________.
A. the French organized Native American attacks on frontier settlements
B. both the French and the British wanted the Ohio River valley
C. the French ambushed a British detachment near Quebec City
D. both the French and the British claimed Louisiana
19. In response to Britain’s early interest in the Ohio River valley, what did the French do?
A. met with the British to discourage their interest
B. attacked British settlers in the area
C. built forts from Lake Ontario to the Ohio River
D. tried to negotiate a compromise to share the land
20. The Albany Plan of Union proposed that __________.
A. the Iroquois unite with the British against the French
B. the colonies unite to form a federal government
C. the colonies unite with the British against the French
D. the colonies unite with the French against the British
21. The treaty that ended the French and Indian War eliminated __________.
A. Great Britain’s debts from the war
B. colonial resentment toward Great Britain
C. Spain’s power in North America
D. French power in North America
There are so many choices. From where I sit, I see at least 7, and my team the Portland Trailblazers have 3 of them! I’m going to be a total homer here and, of course pick 2 of our (P-town’s) rookies as my top candidates. Of course, I wouldn’t be surprised in the slightest to see them supplanted by either Rose or Beasley or even any other of the candidates I have,or (haven’t . . . Gallinari, Randolph?) listed. But wha’ts the fun in having a favorite team if your not a total homer, right? Fell free to write in your own selections if your a total homer too, and I didn’t list your teams top draft pick selection here (Knick fans?, Warriors fans?)
The candidates(listed alphebtically by last name):
Jerryd Bayless - Projected by many to be the 4th best player in the 2008 NBA Draft, he sllipped all the way to 11th and taken by Indiana and traded to Portland. College quick stats - 19.7 ppg 2.7 rpg 4.0 apg. Summer League MVP - 29.8ppg. Member of the “USA Select Team”
Michael Beasley - projected as a Number 1 Overall Pick in the NBA Draft for most of the college basketaball season until Derrick Rose’s great NCAA Tournament run, he was taken 2nd overall by the Miami Heat. College quick stats - 26.2 ppg 12.4 rpg 1.2 apg, 28 double doubles (a freshman record). Led Orlando Summer League in scoring with 19.6 ppg.
Rudy Fernandez - Portland acquired the draft rights to Rudy Fernandez from the Suns for cash in the 2007 NBA Draft. If you watched the Gold Medal game last night between USA vs. Spain, then you know this guy can ball. 2004 Copa del Rey de Baloncesto MVP; 2006 Catalan League Winner; 2006 FIBA EuroCup Winner; 2006 FIBA EuroCup Final Four MVP; Euroleague 2006-07 Rising Star Award; 2008 Catalan League Winner; 2008 Catalan League MVP; 2008 Copa del Rey de Baloncesto Winner; 2008 Copa del Rey de Baloncesto MVP; 2007-08 ULEB Cup Winner; 2007-08 ULEB Cup Final MVP
Kevin Love - Taken with the 5th Overall Pick in the NBA Draft by the Memphis Grizzlies and traded to Minnesota in a package that included O.J. Mayo. Touted as the best high school player in the country coming into the college basketball season last year. Pac-10 Freshman of the year. Final 4 participant (losing to Derrick Rose and Memphis). College quick stats - 17.5 ppg 10.6 rpg 1.9 apg. Vegas Summer League quick stats - 18 ppg 13.5 rpg 1.8 apg. Member of the “USA Select Team”
O.J. Mayo - Taken with the 3rd Overall Pick in the NBA Draft by the Minnesota Timberwolves and traded in a package that included Kevin Love to the Memphis Grizzlies. College quick stats - 20.7ppg 4.5 rpg 3.3 apg (3.5 t/o . . . ouch!). Vegas Summer League quick stats – 18.8 ppg 3.6 rpb 2.6 apg. Member of the “USA Select Team”
Greg Oden – Taken with the Number 1 Overall Pick by the Portland Trailblazers in the 2007 NBA Draft. Due to Oden’s season ending micro-fracture knee surgery he did not play in a single NBA game last year, making him eligible for R.O.Y this season. Coming into the 2007 Draft Oden was unanimously declared a “once in a decade talent.” A wrist injury kept him from playing a full season at Ohio State and he was never 100% healthy. College quick stats – 15.7 ppg 9.6 rpg 3.3 bpg. He might be a dark-horse candidate at this point, but only because he’s yet to play a basketball game (in college or the NBA) at full strength and health and people tend to move on the newest and coolest thing very quickly, speaking of newest and coolest thing . . .
Derrick Rose – Taken with the Number 1 Overall Pick by the Chicago Bulls in the 2008 NBA Draft. He is considered, unanimously, to be the best pure PG in the draft. His stock rose sharply during the NCAA tournament when he put his team on his back and carried them to a record number of wins in a season (38) and to one of the best NCAA championship games in history, but his team fell just short of the ultimate prize, losing to Kansas in that final game. College quick stats – 14.9 ppg 4.5 rpg 4.7 apg. Played only 2 games in Orlando Summer League and his stats are hardly worth posting, so I won’t.
So who’s it going to be? Give me two.
My picks: Greg Oden, Rudy Fernandez
read: Wrestlin’ With Racism Min. Paul Scott
Sep 16, 2006 20:28 PDT
Wrestlin’ With Racism:
Cryme Tyme Hits Prime Time
Min. Paul Scott
The crowd of 20,000 rose to their feet as 6 foot 5,
400 pound, Mandingo “Tha Masked Minstrel” Jones headed
for the ring decked out in a bright red tuxedo and fur
coat and carrying a big bucket of fried chicken. The
announcer , obviously upset over his being 20 minutes
late, spits watermelon seeds at him as he strolls to
the ring with his main “Ho” Jazzybelle on his arm.
After pickpocketing the wallets from the people on the
front row, he tap dances into the ring, only to slip
on a chicken wing and get pinned 30 seconds later by
120 pound Bobby Taylor as the crowd erupts with
laughter….
Wrestling is racist! What a news flash, right? Anyone
even vaguely familiar with America’s favorite guilty
pleasure would be hard pressed to argue with the fact
that the image of Black professional wrestlers has
left much to be desired. All of the negative
stereotypes that have, historically plagued Black
folks have always found a comfortable home in the
middle of the squared circle. Somehow, the
predominately , good ole boy audience always got a
hoot out of 450 pound Black men being reduced to
bumblin’, bug eyed buffoons every week.
I remember as a child staying up way past midnight to
watch wrestlers with names like “Pork Chop ” Cash
constantly get their behinds kicked by the golden boys
like Nature Boy Ric Flair. While Flair and the rest
of the boys strutted to the ring in diamond studded
robes the Brotha’s came to the ring like they had just
escaped from the Crocket Plantation. I would always
wonder why the white dudes had the fancy moves like
the figure four leg locks and could triple flip off
the top rope but the only move the Black wrestler had
was that same ole head but.
Black wrestlers were also used to do what they did
best, scare the pants off of white folks. I remember
wrestlers such as Abdullah the Butcher rushing up on a
wrestlers and gouging their eyes out with number 2
pencils. And who could forget the witch doctor Papa
Shango who had little white kids sleeping with their
lights on. Perhaps the most stereotypical wrestler was
Kamala, the Ugandan Giant , a “savage cannibal from
dark Africa” who would wreck havoc on his opponents
with the help of his “trainer/master” some white dude
in a stocking mask.
While one may argue that like the Black actors from
the Steppin’ Fectchin’ Era, Black wrestlers had to
portray these characters in order to eat, what about
the Black wrestlers of the last decade like the
wrestlin’ Pimp “The Godfather” who would come to the
ring surrounded by his “Ho’s” or Booker T who has Ms.
Jones’ kindergarten class walking around buggin’
their eyes and yellin’ “CAN YOU DIG THAT…SUCKA’S!”
The latest bright idea of WWE owner Vincent K. McMahon
(yeah, the same dude who called wrestling’s thugged
out version of Vanilla Ice, John Cena, “my nigga” ) is
Cryme Tyme. The promos feature two gold toothed, gold
chain wearing Brothas, Shad and JTG preparing for what
promises to be a stellar career in the WWE by bumbling
their way through smoothie store robberies and muggin’
fools who get lost in tha hood while the announcer
urges listeners to “pop a 40 and check their Rollies.”
One must wonder why this blatant diss of Black folks
wasn’t stopped long ago. Could it be that most Black
men are ashamed to admit they occasionally flip from
the Monday Night Football game to watch a couple of
dudes in tights tryin’ to pin each other? Or could it
be that our fearless “Civil Rights” leaders are
scared that some 400 pound steroid addicted masked
maniac may show up at their cribs one night and pile
drive them through their patios?
Now before I hear the familiar comeback of “Aw, you
people are sooo sensitive…lighten up, buddy. It’s
just entertainment…geez guys.” Do you think that the
Jewish community would tolerate a wrestler named
“Captain Kike, master of the kosher karate chop?” You
can best believe that Flyin’ Father Francois Flanagan,
the homosexual priest who has the nasty habit of
inviting little boys to his dressing room would be met
with tons of angry letters from outraged members of
the *** and Catholic community.
But Black folks are supposed to accept all kinds of
disrespect with a “thank ya massa” and a big Kool Aid
smile.
I say enough is enough, we must start a petition to
demand that WWE cancels the Cryme Tyme story line,
immediately. We must send emails and letters telling
Vince McMahon that we will not take this disrespect
lying down on the mat!
It’s time that we throw racism over the top rope, put
hatred in a head lock, give prejudiceness the pile
driver, beat tha…Aw, ya’ll get the point.
As Hulk Hogan would say “Now, whatcha gonna do, when
the Black community runs wild on you!”
Min. Paul Scott is a writer, activist and lecturer
based in Durham NC. He can be reached at (919)
451-8283 web site:
http://www.hiphoprefugee.blogspot.com email: