Learning to Trade the Forex Market
January 31, 2010 By Leave a Comment
The beauty of forex is you can get started right away without any money and without having any idea what you are doing. To do this you open what is called a demo forex account. In your demo account you trade with fake money and you have fun learning how
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Learning to Trade the Forex Market
January 31, 2010 By Leave a Comment
The beauty of forex is you can get started right away without any money and without having any idea what you are doing. To do this you open what is called a demo forex account. In your demo account you trade with fake money and you have fun learning how...
Gold Price Past US$1,150
November 18, 2009 By Leave a Comment
LONDON - The price of gold soared past US$1,150 per ounce here on Wednesday for the first time in history, buoyed by the weak US currency and central bank purchases of the precious metal, analysts said.
In afternoon trade on the London Bullion Market, gold jumped to a record high US$1,152.85 per ounce after forging a series of all-time peaks in recent weeks. [Read more...]
Gold vs. Fiat Currency
November 17, 2009 By Leave a Comment
Gold in the Face of the Fiat Fallout
Gold hit a new record yesterday. The price rose $22.50 to $1,139.
And today we take up a foul and disagreeable task. We ask ourselves: what if we are wrong?
If you bought gold when we first recommended it, ten years ago, you are in a very comfortable position. Gold sells for more than 4 times as much today. But what should you do now? And what if you didn’t go for broke on gold in the early ’00s? Is it too late to get in on the bull market? [Read more...]
Trading the Dollar With USDX
November 14, 2009 By Leave a Comment
The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than
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Trading the Dollar With USDX
November 14, 2009 By Leave a Comment
The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than...
India Gold Purchase and Where the Dollar Falls
November 13, 2009 By Leave a Comment
India Stampedes Into Gold
Two hundred metric tons of gold—the largest gold purchase in history. Think 44 Asian elephants. The buyer’s motive was clear: to get away from the dollar. But why did America’s leaders give the okay for the imf to sell America’s gold?
Late last month the Central Bank of India bought 200 metric tons of gold from the International Monetary Fund. It is the biggest signal yet that Asian countries are moving away from the dollar, the Financial Times inferred. As he swapped his country’s dollars for hard assets, India’s finance minister was blunt: The economies of the U.S. and Europe have “collapsed.” India was doing what it could to prepare for the coming meltdown. [Read more...]
Gold Outpacing All Currencies
November 11, 2009 By Leave a Comment
Gold Continues to Gain Against All Currencies
THE PRICE OF GOLD rose to fresh record highs against the US Dollar for the fifth session in six in early London dealing on Wednesday, recording an AM Gold Fix above $1114 an ounce.
Up by more than 28% for 2009 to date for US investors, gold also rose against all other currencies, breaking its best level against the Japanese Yen since July 2008 above ¥3220 per gram as world stock markets gained, government bonds held steady, and crude oil ticked higher from $79 per barrel.
Gold also broke new 8-month highs above €743 and CHF 1121 an ounce for Eurozone and Swiss investors, trading 6% and 4.5% respectively off February's all-time record peaks. [Read more...]
The Essentials to Picking a Forex Robot
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