David Kirkpatrick

February 11, 2010

Gold and nanotechnology

Filed under: Business, Science, Technology — Tags: , , , , — David Kirkpatrick @ 4:02 am

A release from the World Gold Council and Cientifica Ltd., smoking hot from the inbox this morning (the crazy formatting is from the original and I didn’t feel like fixing it, so apologies for reading difficulties):

Gold at Forefront of ‘Nanotechnology Revolution’

LONDON, February 11/PRNewswire/ —

– World Gold Council Research Paper Demonstrates Important Applications
in Development Using Gold Nanoparticles

World Gold Council (WGC) has today published ‘Gold for Good: Gold and
nanotechnology in the age of innovation’, a research paper detailing new
scientific and technological innovations using gold. The report, which was
produced in conjunction with Cientifica Ltd, the world’s leading source of
global business and investor intelligence about nanotechnologies,
demonstrates how gold nanoparticles offer the potential to overcome many of
the serious issues facing mankind over the coming decades.

Gold nanoparticles exhibit a variety of unique properties which, when
harnessed and manipulated effectively, lead to materials whose uses are both
far-ranging in their potential and cost effective. This report explores the
many different applications that are being developed across the fields of
health, environment and technology.

Trevor Keel, Nanotechnology Project Manager at World Gold Council said:

“The opportunities and possibilities identified in this report are just a
subset of the amazing scope to use gold in the era of nanotechnology. As a
readily available and well understood material, gold nanoparticles are ideal
for use in a vast array of applications that improve our lives. WGC is
looking to promote and invest in the development of gold-based innovations
through Innovations Partnerships, so that the full benefits of gold
nanotechnology can be realized.”

Tim Harper, founder of Cientifica Ltd, said:

“Over the last decade, almost $50 billion of government funding has been
invested into nanotechnologies, and this investment is now starting to bear
fruit with a steady stream of commercially viable nanotechnologies which are
positively impacting human health, the environment and technology. This paper
demonstrates the many varied applications in which gold nanotechnology can
improve society’s standard of living.”

Health: Gold has a long history in the biomedical field stretching back
almost five thousand years. However the dawn of the ‘nano-age’ has really
broadened the potential of gold in biomedical applications and today, gold
nanoparticles are being employed in entirely novel ways to achieve
therapeutic effects.

Tumor targeting technologies which exploit gold’s inherent
bio-compatibility are being developed to deliver drugs directly into
cancerous tumours. Additionally, simple, cost effective and sensitive
diagnostic tests are being developed for the early detection of prostate and
other cancers.

Environment: Environmental concerns have never been more prominent –
energy and clean water scarcity, global warming and pollution are all major
issues that need to be addressed. Gold nano-particle based technologies are
showing great promise in providing solutions to a number of environmentally
important issues from greener production methods of the chemical feedstocks,
to pollution control and water purification.

Gold-based catalysts are being developed that can effectively prevent the
release of highly toxic forms of mercury into the atmosphere, the reduction
of chemicals from green feedstock, and also for water purification and
contaminant detection. In addition, gold is being used in meeting the
challenge of constructing cost effective and efficient fuel cells, a key
‘clean-energy’ technology of the future.

Advanced technology: Gold is already a well established
material in the electronics industry and the use of gold can only increase as
the worlds of electronics and nanotechnology interact further in the future.
Gold is being developed for conductive nanoparticle inks for plastic
electronics because of its material compatibility, inherent durability and
proven track record of reliability. Gold nanotechnologies have also been
shown to offer functional benefits for visual display technologies like touch
sensitive screens and potentially for use in advanced data storage
technologies including advanced flash memory devices.

The full paper can be downloaded from:

http://www.gold.org/assets/file/rs_archive/gold_and_nanotechnology_in_the
_age_of_innovation.pdf

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser’s URL address field. Remove the
space if one exists.)

OR

http://cientifica.eu/blog/white-papers/gold/

Innovation Partnerships

World Gold Council works directly with partner companies via Innovation
Partnerships. These support research and development of new practical
applications for the metal, drawing on a genuine commercial market
requirement for innovation. Partner organisations include (but are not
limited to) precious metal, chemical, electronics, materials and biomedical
companies, ranging from small enterprises through to established
international businesses. Interested companies are invited to contact World
Gold Council for further details.

During 2009-2010 World Gold Council is particularly interested in
receiving proposals relating to the following areas:

Industrial catalysts (including catalysts for pollution control and
chemical processing)

Biomedical applications (including medical diagnostics, therapeutics and
materials)

Advanced electronics (including any technology or component likely to be
used in next-generation devices)

Fuel cell systems (including applications both within the fuel cell
structure and hydrogen processing infrastructure)

Optical materials (including nanotechnology, chemicals and coatings)

Companies interested in collaborating with World Gold Council
are invited to make contact.

Notes to Editors:

World Gold Council

World Gold Council’s mission is to stimulate and sustain the demand for
gold and to create enduring value for its stakeholders. It is funded by the
world’s leading gold mining companies. For further information please visit
http://www.gold.org.

Cientifica

Cientifica Ltd, based in London, is one of the world’s best-respected
consultancy companies in the field of emerging technologies and technology
commercialization. It provides global business intelligence and strategic
consulting services to industry, governments and investors worldwide.

http://www.cientifica.eu

January 26, 2010

Four new asset bubbles to watch

Filed under: Business — Tags: , , , , , , — David Kirkpatrick @ 3:15 pm

Oh, man.

From the link:

Less than two years after the housing market collapsed, the U.S. economy is threatened by a new bubble in asset prices. This time, four billowing balloons are hovering: two commodities — gold and oil — stocks, and government bonds.

Don’t be fooled into thinking that last week’s 5% drop in the S&P, and the recent sell-off in oil, remotely makes them fairly valued, let alone bargains. Equities and commodities, as well as Treasuries, which actually rallied as stocks dropped, still have a long way to fall. The reason: They’ve already seen huge run-ups that put their prices far above their historic averages, and far above the levels justified by fundamentals.

November 13, 2009

The US government holds the most gold …

Filed under: Business — Tags: , , , , — David Kirkpatrick @ 4:15 pm

… reserves in the world and doesn’t plan on selling bullion anytime soon.

Fun facts about the Fed.

Another fun fact is this image:

Gold had been the standard currency for international trade for centuries. In fact, the Federal Reserve vault in New York has compartments for different countries. When one country would trade with another, a “sitter” would simply move bars from one compartment to another, according to David Girardin, spokesman for the New York Fed.

October 13, 2009

Gold bugs …

Filed under: Business — Tags: , , , — David Kirkpatrick @ 6:12 pm

… are dancing in the streets right about now.

From the link:

Gold futures rose to a record as the slumping dollar spurred demand for the precious metal as an alternative asset.

The metal reached an all-time high of $1,069.70 an ounce in New York, surpassing a record on Oct. 8. Gold is on course for a ninth straight annual gain. The price has advanced 20 percent this year, while the dollar has dropped 6.8 percent against a basket of six major currencies, touching a 14-month low today.

September 4, 2009

The latest investment bubble?

Filed under: Business — Tags: , , , , — David Kirkpatrick @ 1:53 pm

Gold.