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Once a Dealer, Always a Dealer

Posted 01-15-2009 at 10:42 AM by Cableboy
The title is the motto of the A.C.I. (Association Cambiste Internationale), the body that looks after the interests of Interbank forex dealers. The idea behind it the motto, is that once you have the skills of a forex dealer, you will always be a dealer.

I think that is true; dealing is a skill that can help you survive and in my opinion, everyone is going to need skills in the coming years.

You see, most people in Europe and North America under the age of 35 have never...
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Rating: 3 votes, 5.00 average.

New Universal Currency

Posted 01-21-2009 at 12:06 PM by Cableboy
A New universal currency

I love forex trading, but sometimes I think the whole concept of currencies is one of man's more stupid inventions. Why? because they are not really a store of wealth. Inflation basically destroys wealth, and exchange rate movement is just this wealth being competitively destroyed by the policies of different governments.

That is why gold is so strong at the moment: It doesn't pay interest to hold gold, but it is a super store of wealth. Why? Because...
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