The objective of the Diploma Thesis entitled Gold market analysis and the influence of commodities on portfolio diversification is to provide an insight to commodities as an investment asset class. This goal is tackled by the first and the second chapter. The first chapter provides theoretical support for commodities as a distinct asset, whereas the second chapter is focused on investors opportunities to obtain economic exposure to commodity assets on current financial markets. When introducing the commodity products, main focus is set on the gold market. The second objective of the Diploma Thesis is to analyze the gold market and gold added value for the investors. The structure of both supply and demand for gold is analyzed. Demand and supply are identified as the main gold price drivers. The thesis confirms that the main added value of gold as an asset lies in its addition to a portfolio of capital assets. Gold significantly improves diversification of the portfolio, protects the portfolio from inflation as well as from the economic event risk. On the contrary, in comparison to capital assets gold is not an perspective stand alone investment. The last objective of the thesis is to analyze the diversification potential of commodity indexes within a portfolio context. The last chapter is devoted to this objective. The chapter introduces commodity indexes as an investible product and analyses the influence of a selected commodity index being added to a portfolio of capital assets on the efficient investment frontier. It is shown that not only is the commodity index not a good diversification tool but the investors would be better off by selling it short.

The thesis "Analysis of Performance of Investment Metals and Coins" deals with the evolution of prices of gold, silver, platinum and palladium. It analyzes factors which have an influence on the prices of these metals. It compares profitability and risk of the investment in gold with the index S&P 500. The strength of dependency is measured by coefficient of correlation between the variables gold and silver/ palladium/ platinum/ brent crude oil/ index S&P 500/prices of the mining company Randgold Resources Ltd. The third part of the thesis deals with the means of investing in the investment metals and it compares the advantages and disadvantages of each option.

The main focus of this thesis is gold as an investment option among commodity asset class. The goal is to present the facts that rate gold as an investing instrument and create recommendations for the standard 'middle-class' investors setting up their portfolio. The first chapter discusses the pillars determining the market value of gold, the pros and cons of investing into gold, and specific forms of how investments into gold can be done. The second chapter analyzes how gold is ranked in the awareness of ordinary people. It also describes the phases in the process of creating investment portfolio. In the last chapter, there is comparison of investment into gold versus other main commodities and how they compete.

The diploma work charts the evolution of monetary policy of interwar Czechoslovakia in the context of development of domestic economy. It puts emphasis on the foreign relationships. The most important sources are materials from the archives of Czech National Bank and articles of foreign authors. The goal of work is to evaluate our monetary policy from several perspectives, such as the adequacy of the then economic situation, the impact of decisions of monetary authorities on individual national economic entities, and finally determining the most important persons of Czechoslovak monetary policy.

The main intention of this thesis is the analysis of the factors that influence the precious metals market according to the selected methodology. The secondary intention is the consideration of the posibility to include the commodities traded on the precious metals market in the portfolio of investments. The introductory chapter deals with the listing of the commodities, the most important commodity exchanges and derivatives. The second chapter individually describes the precious metals. The first subsection of the second chapter analyzes the supply and demand for the individual metals. The following subsections focus on the factors that influence the price of the precious metals in history and in present time. The analytical part, which concludes this chapter includes the calculations of correlation coefficients, average growth coefficient and standard deviation of the factors that influence the precious metals. The last chapter of this thesis is dedicated to diamonds and is divided to two major subsections. The first subsection describes the history of the most significant diamonds, the characteristics of diamonds, the types of the deposits and the major producers of diamonds. The second subsection analyzes the prices of natural and synthetic diamonds and the development of profit of the selected company in terms of time. The last chapter deals with investments in diamonds.

The dissertation titled Economics importace of gold and silver is focused on brief description of precious metals in human history including development of prices, supply and demand. Part of the thesis is devoted to the factors that most influence the price of gold. It further analyses the perspective of precious metals investment assets and formulates investment recommendations based on the results of the thesis. Thesis deals with the various forms of investment, including their strengths, weaknesses and usability for small investors. The attention is paid to the two most important investment of the metals, gold and silver, other precious metals will be discussed magrinally. The analytical part is dedicated to saving the gold and its comparison with an investment in securities (ETF SPY - index S&P 500) and by bank financial saving products respectively. There is also found influence of frequency of investing in the gold savings (weekly x monthly).

To the development of my Diploma Thesis the literature dealing with the issue of the history of gold mining in Pootaví and natural conditions of the region was used. The thesis more closely specifies various historical stages of gold mining in this area and the procedures and methods used by them. The first intensive panning work and the first part of the underground works belong to the 5th century BC. Furthermore, it was found that the most intensive period of mining in this area took place in 13th - 14th century. Major panning works were completed in the course of the 16th century, underground works were finished later, with the exception of the area of Kašperské Hory, where underground mining continued until the beginning of the 20th century. In the last century geological surveys of the paddies found gold in small quantities, which excluded mining from the economical point of view. Geological exploration of the underground deposits of gold in Kašperské Hory was prematurely terminated under the pressure of the public. The practical part consists of conducted panning experiments at several locations using panning pelvis and panning sluice. At all the locations, except one, was the occurrence of gold detected, but in such a small quantities excluding profitable mining from the surface areas.

The objective of this Master's thesis is to evaluate the financial situation of Polymetal International Plc for the period between 2008 - 2012 using standard financial analysis techniques and procedures, outline the foreign accounting reporting standards and indicate the relation between company's financial results and market gold price change. The thesis consists of two main parts: theoretical and practical. In the theoretical part are defined the main financial analysis techniques and are described the main differences between the international accounting reporting standards. The practical part consists of basic information about the analyzed company, application of financial analysis theory in practice on company's financial outputs, including references regarding the international accounting reporting standards and a brief analysis of the impact of market gold price change on company's financial results.

This thesis propose unconventional look upon gold in actual finantial system. This system, where currency is just paper money base solely on the belief use money users, finds itself on the edge of sustainibility. The thesis examine development of gold and explains its undeniable importance in ages of crisis, thus the contemporary one. First part engage in history of gold. It illuminates how gold represent natural barier against autoritative maniplation and control of kings and later governments and central banks. Second part talks about last decade and development of the price of gold and its causes, relationships and interconnection of the whole system, including actual happenings, development and strategies. Last part examines existing investment possibilities in field of paper money and gold. It is concluded by a deeper analysis of chosen investments.

In the present thesis structure, morphology, chemical and electronic properties of the Pt - Au/tungsten oxide model system were investigated by means of RHEED, AFM and PES. The epitaxial tungsten oxide thin films were prepared by oxidation of W(110) single-crystal surface using a RF oxygen plasma source followed by thermal annealing. Gold and Platinum were deposited "in-situ" by evaporation. Gold or platinum deposition led to the growth of oriented particles having (111) epitaxial plane as well as to the growth of polycrystalline phase. Platinum encapsulation was proved by CO adsorption observed by SRPES. Deposition of the second metal led to the formation of core - shell bimetallic clusters. Detail structure of the bimetallic system depends on the order of deposited metals and the substrate temperature. Thermal stability of the system was investigated by heating up to 600 řC.