financial online-The Gold & Silver Club And ACM Gold | Weekly Commodities Review | 21st March 2014

• published: 22 Apr 2014
• views: 24

The Gold & Silver Club Weekly Commodities Review In Alliance With ACM Gold South Africa - 21st March 2014. Presented by: This week on Wednesday, Gold Prices slipped to a three-week low, following the highly anticipated March FOMC Statement, which signalled the Federal Reserve could hike interest rates in 6-months after the current bond-buying program ends. By Thursday, Gold prices fell to a low of $1320 an ounce, during Gold biggest one-day sell-off in 3-months, which presented commodities traders with a highly lucrative sell short opportunity. Overnight Gold price were back above $1330 an ounce as bargain hunters stepped in to buy on the dip. On Wednesday, the FOMC announced they would taper monthly asset purchases by a further $10 billion to $55 billion-a-month, which the markets expected. However the FOMC shook the financial markets by announcing an upward revisions to its benchmark interest rate forecasts. The market become nervous on the prospect of rates being raised as early as March 2015 - something traders were not expecting. Based on the current pace of taper, the Fed predicates - its bond-buying program could be completely unwound by October. The USD surged following the FOMC Statement, which in turn has been a bearish for the Precious Metals. The big question now is: Will Gold price make a comeback or continue to fall next week? Try the ACM Gold Commodities Trading Platform Here: Website: Facebook: Twitter: financial online,forex,financial,online trading,financial online,Forex,financial planners,attorney firmsHistory of Africa's Slave Trade (Obama's Visit to Ghana) / The Ancient Empire of Ghana was heavily impacted by the first Europeans who made their way to Africa, which were the Portuguese in 1471. They came in pursuit of gold and this led to the start of the African slave trade, which the Europeans incorporated themselves in. The British fought for control over what was then known as the Guinea coast, which was the Ancient Empire of Ghana. The British successfully won control and renamed it the Gold Coast. The Ashanti kingdom was the last section to be incorporated in the British Gold Coast and brought under British rule. They were reluctant to give into British rule, and also to give away the ancient golden stool that the British were so desperately eager to acquire from them once they got to know of it. So one female warrior named Yaa Asantewaa was determined to defend the Ashanti kingdom and make sure that the golden stool would not get into the hands of the British colonial power. Nana Prempeh the first at the time had ascended the throne as the new Ashanti hene. In 1874, the Gold Coast became an official British colony. As a result of opposing colonial rule, both Yaa Asantewaa and Prempeh were sent to an island east of mainland Africa called Seychelles in exile. Yaa Asantewaa died in exile in 1921, but Nana Prempeh managed to survive and was allowed by the British to return to the Gold Coast which was in 1924, 3 years after Yaa Asantewaa's death. The slave trade in Africa made its way to North America where the African diaspora began. Slaves were working on plantations in the south and picking cotton. This led to Harriet Tubman's secret underground railroad discovery, which many slaves used as a way to escape from their slave masters. Slaves who were brought from Africa in ships were treated very horribly once they arrived in America, and even while they were on their way coming in the ships they were treated badly and living in deplorable conditions. Many were chained and shackled together. While in America over the years fighting for equal rights, it sparked the civil rights movement. This brought great civil rights leaders like Jesse Jackson, Malcolm X, Dr. Martin Luther King Jr., among many others. Recently the first Black democratically President visited Ghana and also went to see Cape Coast castle, a place where many slaves were kept in order to be brought onto the ships which shipped them off. He chose Ghana as the first country to visit in Sub-Saharan Africa since becoming President, and of course Africa as a whole. Many saw him as acknowledging and realizing Ghana's political and economic stability over other countries in Africa. He even chose Ghana over his father's home country Kenya. It was then discovered that Ghana had become some sort of a pilgrimage for many African Americans who were and are interested in learning about the history of the slave trade.I recommend watching this video: "16th century Equality 21st Century White Supremacy" I want to redo the information I have already presented so it is more viewable. I will continue to work on it Wonders of the African world page 198, we learn the Portuguese come to the so called Gold Coast and soon this area is producing 1/10 of the worlds supply of gold. Many people may be relieved to know that during this period; most of the African slaves that the Portuguese bought were then sold to