I live in a state of spiritual flux.

Political pendulums often swing too far.

But gold is also a high risk and highly volatile investment.

Since then, the international financial system has been highly volatile.

The cheese is produced daily, and it can show a natural variability.

But, as the negotiators work, the world s energy landscape is in enormous flux.

Such volatility does not fit a fundamentals driven market.

Indeed, one of the big puzzles of the US stock market recently has been low price volatility since around 2004, amid the most volatile earnings growth ever seen.

The EU would benefit as well, by contributing to the stabilization of a highly volatile area.

In these circumstances, it is not surprising that financial markets have returned to extreme volatility.

Saddam's regime caused most of the volatility in the oil market in the last 30 years.

In Japan and Latin America, volatility dropped in a meaningful way only in the current decade.

Second, natural resource prices are volatile, and managing this volatility is hard.

Surely, today s low volatility is partly cyclical.

The underlying problem remains that, while both central banks and finance ministries are unhappy about the excessive volatility of real and nominal exchange rates, they do not understand very well what causes it.

The entire center left is in flux, and new parties will probably come and go.

Unemployment is now running at over 40 in Kosovo and breeds political volatility.

The authorities have tolerated somewhat greater volatility in domestic inflation rates as a consequence.

No one is looking for a sudden surge, and volatility is reduced by the absence of sharp up movements.

This source of vulnerability has become less important, owing to tight restrictions imposed since the 1990 s on local governments borrowing capacity.

On the other hand, dollar oscillations increase costs and uncertainties that are associated with fluctuations in exchange rates.

But emerging market policymakers criticisms do not reflect an inconsistent stance in both cases, the crux of their complaint has been volatility.

Volatility in Asia began to fall only after the financial crisis of the late 1990 s.

But if a major flare up causes investors to lose confidence in low volatility, the bottom could fall out from under equity and housing prices.

There is a great deal of volatility in foreign exchange markets across the globe, mainly owing to the weakening of the dollar.

Multi year financing frameworks7 were designed, inter alia, to reduce the volatility of voluntary contributions to the largest programmes and funds.

Volatile capital flows induce volatility in the recipient economy, making booms and busts more pronounced than they would otherwise be.

A volatility feedback loop begins the more volatility, the more people feel they must pay attention to the market, and hence the more erratic their trades.

Past guidance in this area was limited, focusing entirely on manipulation and on avoidance of short term volatility.

Unlike capital flows, which vary according to the economic environment, remittances tend to stay stable and are less volatile over time.

Housing prices are on a rollercoaster ride, and we may never be able to make complete sense of their movements, other than to understand the volatility that they represent.

However, the political situation is still fragile and potentially volatile, and much of the technical process of unification has still to be completed.

Normal financing is not forthcoming. Only grants from the US will reduce output volatility.

Coming on the tenth year anniversary of the Asian financial crisis, the caldron in which today s ultra liquid capital markets were forged, conspiracy theories abound.

So, if a conspiracy of Asian central banks is not to blame for the volatility drought that is parching traders earnings, what is?

Minimizing the fluctuation between assets and the present value of liabilities requires matching the characteristics of liabilities with assets with similar characteristics and adjusting for inflation.

These traders confidently figure that as long as markets gyrate, no matter what the direction, they can always make money.

Smaller fish will usually be pulled on board with a gaff and may be clubbed or even punched in the head to prevent them from thrashing around on the deck.

But what it immediately did was that the volatility that had been present in terms of our economic development where, even if oil prices were high, we would grow very fast.

After some considerable volatility, a smaller and more robust currency union will emerge and, importantly, Europe will avoid the euro s demise and a total breakdown of the eurozone.

People are also aware that the stock market has not been this volatile since the Great Depression (with the single exception of October 1987).

In spite of the best efforts of the Department, it has to be recognized that meetings management is a highly volatile exercise and the results are far from satisfactory.

13. Reiterates that measures to mitigate the impact of excessive volatility of short term capital flows and to improve transparency of and information about financial flows are important and must be considered

10. Reiterates that measures to mitigate the impact of excessive volatility of short term capital flows and to improve transparency of and information about financial flows are important and must be considered

This is small potatoes compared to the significant run up in prices that world markets have been experiencing recently, and it would in any case be swamped by the high volatility to which these markets are normally subject.