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Comment Re:Newsflash (Score 1) 450

You can't generally get insurance on things with fluctuating value ... various financial instruments, commodities futures, etc.

In finance, an option is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price (the strike). The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfil the transaction.

Options (finance)
Options on futures

Comment Re:Is the gold rush over? (Score 1) 768

Did its value decrease, when major governments dropped the gold standard?

In 1968, governments could convert dollars into gold at $35/ounce. Nixon ended the direct convertibility of the dollar to gold in 1971; gold hit its all time high value in January 1980, at $850/ounce.

Comment Re:Intelligent life... (Score 1) 142

(thus explaining why plutonium is highly toxic to humans even disregarding the radiation issues).

Citation needed, because the NRC says:

In general, however, plutonium isotopic mixtures that are commonly encountered in the nuclear fuel cycle, nuclear weapons programs, or thermoelectric generator applications exhibit much higher radiological toxicity than chemical toxicity.


Modern Warfare 2 Not Recalled In Russia After All 94

thief21 writes "After claims that console versions Modern Warfare 2 had been recalled in Russia due to complaints from politicians and the gaming public over the infamous airport slaughter scene, it turns out the stories were completely untrue. Activision never released a console version of the game in Russia." Instead, they simply edited the notorious scene out of the PC version. They did this of their own volition, since Russia doesn't have a formal ratings committee.

"Free markets select for winning solutions." -- Eric S. Raymond