In the ARI J.'S article " Is Gold Really the Safest investment?", she states that why the price of gold increasing and gold is not the safest investment in the world. First, we can know what the relation between dollars and gold is. Second, there is the reason why the gold price increasing in the whole world. Third, the price of gold or the value of gold is unpredictable and volatile. To sum up, the suggestion is that we should not be blind buying gold or selling your jewelry.
REACTION:
I agree with the author's opinion that gold is not the safest investment, because the price of gold is unpredictable. But is a little safer than dollars, especially when the world is in trouble whit financial crisis. I think that is the best way to keep the value of your money is by using all 50% of your money to buy gold and keeping the other 50% of money in the bank. Whatever which side is changed, you always have 50% of the money, and get a chance to earn more money.
Friday, 17 April 2009
Sunday, 5 April 2009
Chinese Flag
The Five-Starred Red Flag was pinpointed as the national flag of the People's Republic of China on September 27th in 1949. The background of the flag is red, and there are five yellow stars on it. One of the stars is the biggest, and the others are same. The red color represents the history of Chinese revolution. And the five stars represent solidarity. Now maybe you are interesting in the meanings of the each star, let me show you. The biggest star means the Chinese Communist Party, the others small stars mean the workers, farmers, cities, petty bourgeoisie, national bourgeoisie. It is stand for the Chinese Communist Party rally the workers, farmers, petty bourgeoisie, national bourgeoisie to its banner. In China, the hight school, middle school, primer school held the flag raising ceremony every monday. we can see the Chinese flag not only in China, but also in every country.
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