Gold markets

Тема: Gold markets

Цель урока:

учебная – совершенствование лексических навыков по теме «Precious metals»; формирование лексических навыков по текущей теме;

            познавательная – рынки золота.

Тип урока: комбинированный

1. Вопросы по теме "Precious metals”

1. What precious metals do you know?
2. What purposes are they used for?

Do people use them as a commodity to be bought and sold?

Do people use them for jewellery industry?

Do people use them for electronics, dentistry?

Do people use them for numismatic coins?

Do people use them for medals?

Does the government use them as currency reserves of a country?

3. In what forms do people use actual gold?

Do they use actual gold in bullion bars? bullion coins? coins?

4. Where should you buy precious metals?
5. Why shouldn’t you buy precious metals from private dealers? Do they sell alloy bars and coins? Do they cheat innocent people?
6. What are the most popular bullion coins?
7. Would you buy gold coins to save you money from inflation?

2. Устный опрос слов по теме "Precious metals”.

3. Убедите друга купить золото, чтобы сберечь деньги от инфляции. Посоветуйте ему покупать золото в банке, а не у частных дилеров.

Пример:

S1. How can I save money from inflation?

S2. Do you have enough money to buy a flat or a house?

S1. I’m afraid not

S2.Then buy some gold

S1. Is it a good way to save money?

S2. Of course! You can use it as a commodity to be sold in the future, for jewellery, dentistry, for numismatic purposes, make a medal for yourself if you wish.

S1.Medal! You are joking. But where can I buy it and in what form?

S2.You are unlikely to get bullion bars. But you can go to the bank and buy some golden coins.

S1. I’ll browse in the Internet. Perhaps, I’ll find some cheaper variants.

S2. But don’t go to private dealers?

S1. Why?

S2.You are sure to get alloy bars. They always try to find innocent purchasers and cheat them.

S1. Thank you for you advice.

4. Новая тема «Gold markets». Презентация слов

5. Игра "Пишем на спине"

Играем парами. Студенты выбирают примерно 5 новых слов и по очереди пишут эти слова на спине друг у друга (пальцами). Партнер старается угадать написанное слово.

6. Прочитать текст Gold markets

Unlike most other metals, gold appears in large quantities in fairly pure form in nature. This is why people became interested in this metal. The first discoveries were made in the first century BC when gold was washed from river sand in Egypt.

Today gold is mostly extracted by mining. The most important gold-producing countries in the world are South Africa, the former Soviet Union, the USA, Australia. Other areas where gold is produced are to be found in Canada, Brazil, Columbia, Ghana, the Philippines and more recently in China.

The world’s gold markets differ from each other not only in their framework but also in their functions. An important distinction has to be drawn between primary and secondary markets. Primary markets are those that receive the newly mined gold, which they then distribute either directly or through secondary markets.

The main primary gold markets, which are often called wholesalers, are Zurich and London. The secondary gold markets, which are retail dealers, are Frankfurt, Paris, New York, Los Angeles, Chicago, Panama, Singapore, Hong Kong, Kuwait and others.

Thanks to the cooperation between all these centres gold is traded by telephone 24 hours a day by bank dealers and brokers.

7. Прослушать статью "A Gold rush is upon us” . Скачать аудио вариант статьи можно здесь. 

Everyone is buying gold. Americans, Chinese, Russians, government, citizens, even Wal-Mart. Gold prices shot up to $1230 recently as fear spread throughout the world. European debt problems have caused investors to dump the Euro in favor of the shiny metal. Some analysts are calling for $5000 gold while others are predicting $500. People are even selling oil investments to buy gold. Previous spikes in gold have resulted in a swift correction. Many people believe that this time is different. Debt defaults and currency failures are prompting people to flock to the world’s oldest currency: gold.

What is a gold rush?

How can you explain the expression shot up to…? (go up)

What is the synonym for "call for”? (predict)

Draw a spike. Draw a correction.

What is "swift”? (quick)

What is "debt default”? (people cannot pay debts)

What is "currency failures”? (currency is worth less amount or it is worthless)

8. Переведите статью на русский язык.

9. Грамматика

10. Домашнее задание

Выучить слова урока.

Уметь рассказывать о рынках золота.

Заполнить пропуски

extracted, discoveries, BC, gold, gold markets, framework, pure, sand, primary and secondary

1.       Unlike most other metals, _________________appear in large quantities in fairly _______________ form in nature.

2.       The first _________________ were made in the first century _______________.when ________________ was washed from the river _________ in Egypt.

3.       The world’s ___________________differ from each other not only in their ________________ but also in their functions.

4.       Today gold is mostly _________________by mining.