September 2010
Whenever cheap and affordable vacation or travel is mentioned the fist city that comes to mind is Dubai. It is a modern, vibrant and exciting city filled with wonderful surprises. The best thing about Dubai is that it is a perfect balance of east and west; there is an authentic old Arab feel yet there are tall skyscrapers and fabulous malls. Traveling to Dubai is one experience that most people crave for, yet accommodation is one such thing that they worry about. You must know this that you no longer need to worry about it, as long as there are holiday apartments.
As you are well aware that today’s world no longer functions the way it did a couple of decades ago. There’s a lot more economic instability than before and it is very important to insure your business against theft or loss that is incurred on a regular basis. If your business qualifies to be a public house, then you must take public house insurance. This is a special kind of policy, amongst 150 common insurance policies, this type would usually be sold as tradesman insurance.
In 1986, tragedy struck the American space program. On a cold winter morning, the space shuttle Challenger blasted off. A few seconds after launch, while the world watched on television, the shuttle exploded, killing seven astronauts: Francis Scobee, Judith Resnick, Ronald McNair, Michael Smith, Sharon Christa McAuliffe, Ellison Onizuka, and Gregory Jarvis. It was the worst disaster in the history of the American space program.
Today's blog entry was going to be about soft commodities - that's the ones you can chew. Unfortunately, it will have to be about drunk driving, instead. But don't you worry, it's nothing really horrific, every human will live through the end of the story and, of course, I wasn't the one driving drunk.
Let me start this short note with a little theorem that I offer without a proof. For the most part and under steady state economic conditions: 1)Short-term commodity prices (within a span of a several months) are driven by expectations of supply and demand for that commodity. 2) Mid-term commodity prices are driven by the actual supply and demand for that commodity and to some extent inflationary expectations. 3) Long-term commodity prices (several years or more) are for the most part a function of inflation.
