Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

Young people in Kenya experience much higher unemployment rates than the rest of the Kenyan population, young people aged 15-19 and 20-24 had an unemployment rate of 25 percent and 24 percent, respectively, which is almost twice the total unemployment rate of 12.7 percent for the entire workforce. This is exacerbated by the growing problem of terrorism from the Al-Shabaab Militia group. The recent wave of terrorism has made foreign investors skeptical of Kenya. Tourism, which is a major part of Kenya’s economy, has also been hit hard by this. These and many other factors are leading to the growing problem of unemployment.

Kenyans are very accustomed to the traditional setting of getting an education followed by a job. It is high time Kenyans start thinking outside the box and creating employment for themselves. With the installation of optical cable in most parts of urban Kenya, many online ventures are coming to the fore. One such venture is Forex trading. It is gaining popularity at such a rapid pace that it threatens to overshadow any other online venture.

When it comes to Forex trading in Kenya, many young people from Nairobi have started learning and trading. Although people from other areas are also starting to learn about it, their numbers are still small.

Forex is one of the best ways you can start making money. It’s easy to learn. There are many free learning resources available online. It does not require huge start-up capital. You can work part-time as a trader. Working hours are quite flexible. There are no such things as physically strenuous work! Still suitable for non-financial professionals. Opening an account is easy, it doesn’t take much time! Adding and withdrawing funds can be done instantly via credit / debit card. The Forex market is open 24 hours a day. The list goes on and on.

Learning Forex trading is not difficult. Anyone who has a passion for hard work and reading will be good at it in a month – at least in terms of knowledge about trading a particular strategy. I would advise anyone who wants to trade to open a Demo / Exercise account and use it for learning.

Learning to trade can take a long time. If you really want to start trading with real money, the easiest way around learning time is Forex trading signals. Trading signals are alerts that tell you when to buy or sell a currency pair and at what price. If you follow a professional retailer, you can copy the stores they make. There are many signaling services, some free and some paid. Of course, they are paid much better than free ones.

There are several local Kenyan Forex brokers operating in Kenya and several brokers that also represent themselves. Representing a broker will help you open accounts with other brokers and offer value-added services. In return, the introduction of a broker is paid for by the broker they work for.

Like any other business, Forex trading requires due care. One should be careful and invest only the money he is willing to lose. Even with all the benefits of trading, it is still a risky business. Trading without adequate knowledge can result in significant losses.

And who determines the currency values?

The answer to the second part is easy. The value of the currency is determined by the buyers of the currency. These are primarily travelers, governments and Forex traders. FOREX stands for Foreign Exchange. There are many factors that currency traders, governments and businesses take into account when determining the fair market value of a currency.

Fair market value is the price at which a willing buyer and a willing seller come together. The buyer must consider many elements and considerations in order to try to accurately estimate the value of the currency at any given time. There are now about 180 different currencies in the world. Consider some of the factors used to determine the value of a currency.

Factors affecting the value of currency:

1. Political conditions in the country – This includes the stability of the government, the amount of corruption, bribery and the degree of law and order. It also includes the country’s relations with other countries, and in particular their relationship with the US, the UK, China and Russia. The form of government in a country is also a factor used to assess the value of a currency. Consider the very different forms of government in Saudi Arabia, China, the United Kingdom, Venezuela, and Thailand, to name a few.

2. Economic situation – This includes factors such as jobs, unemployment, work ethic, infrastructure, inflation and the direction of the economy. Whether it is older or newer orientation; computers and high technology, or more agriculture and manufacturing.

3. Perception from the outside – Perceptions and attitudes of other countries towards the country are as important as the reality of the real situation in the country. News, media, movies, newspapers, rumors and spins can create perception. How much is known about a country? The less known, in general, the lower the value of the currency.

4. Demography – A young population can mean better prospects for the future, people who are more open to change and development, and a growing workforce. The total population of a country is a factor. How much weight does this country have on the world stage?

5. National leaders – Openness, reliability and likeability of visible leaders are a factor. This includes political leaders, sports figures, business owners and celebrities. Here are some national personalities who influence their countries, for better or for worse. Kim Jung Il, David Beckham, Nicole Kidman, Madonna, Osama bin Laden, Barack Obama and Vladimir Putin. This helps to form the world perception of the country.

6. Isolation versus openness – Continuum China is becoming more open, more transparent. This helps. Cuba is very closed and isolated. Venezuela is becoming increasingly isolated from some of its recent actions. Chinese markets are becoming more open. Cuba, Kyrgyzstan, Russia and Japan all have different levels of openness to the outside world, which affects the value of their currency.

7. Natural resources – The type and amount of exploitation of a country’s natural resources certainly helps to create a perception of the value, or lack thereof, of a country’s currency. Mining of minerals, forests, oil, fish and other resources are taken into account. Also the level of technology to develop these resources.

8. Weather factors such as drought, tsunami, earthquake and flood are taken into account. How frequent they are and what is the country’s response to them. It also affects the desirability, security and perception of the country. Is it a tourist destination?

9. War and conflicts – With which other country is the state at war, and who are its allies? Their military strength and technology, their willingness to fight and for what, are important factors in assessing the strength, stability of the country and the value of its currency.

10. Education – This includes languages ​​spoken, computer skills, internet connectivity, culture and religion. Scientists, entrepreneurs, authors and inventors are affected by the type and quality of education in a country.

In conclusion, currency values ​​are determined by many factors. Not just one issue must be considered, but a combination of many. In currency trading, such as FOREX, trades are usually done in pairs. Values ​​must be relative to something. So, it is also important how one country is doing in relation to another country. Common Forex pairs are the US dollar and the Japanese yen, the euro and the US dollar, for example. These and other factors determine the value of a currency. Some are tangible, some are intangible. Some are fixed and some are manageable. Sometimes it’s news of the moment, and sometimes it’s a long-term situation. As a result, currency values ​​change frequently and there is no single place or person who determines currency values. And why currency exchange, based on fluctuating currency values, can be an exciting, lucrative, changeable, fun, or disastrous form of business or investment.

When most people think of cryptocurrency, they might think of cryptocurrency. Very few people seem to know what it is and for some reason everyone seems to talk about it as if they know. We hope that this report will demystify all aspects of cryptocurrency so that by the time you finish reading you will have a pretty good idea of ​​what it is and what it is about.

You may find that cryptocurrency is for you, and you may not, but at least you will be able to speak with a degree of security and knowledge that others will not possess.

There are many people who have already reached the status of millionaires dealing with cryptocurrencies. It is clear that there is a lot of money in this completely new industry.

Cryptocurrency is an electronic currency, short and simple. However, what is not so short and simple is how it has value.

Cryptocurrency is a digitized, virtual, decentralized currency produced using cryptography, which, according to Merriam Webster’s dictionary, is “computerized encoding and decoding of information.” Cryptography is the basis that enables debit cards, computer banking and eCommerce systems.

Banks do not support cryptocurrency; it is not supported by the government, but by an extremely complicated schedule of algorithms. Cryptocurrency is electricity that is encoded into complex arrays of algorithms. What gives monetary value is their intricacy and security from hackers. The way cryptocurrency is made is simply too difficult to reproduce.

Cryptocurrency is in direct contrast to what is called fiat money. Fiat money is a currency that gets its value based on a government decision or law. The dollar, yen and euro are all examples. Any currency that is defined as legal tender is fiat money.

Unlike fiat money, the other part of what makes cryptocurrency valuable is that, like commodities like silver and gold, there is only a limited amount. Only 21,000,000 of these extremely complex algorithms have been produced. No more, no less. It cannot be changed by printing more, just as the government prints more money to inflate a system without support. Or by the bank changing the digital book, something the Federal Reserve will instruct banks to do to adjust to inflation.

Cryptocurrency is a means of buying, selling and investing that completely avoids government supervision and banking systems that track the movement of your money. In a destabilized world economy, this system can become a stable force.

Cryptocurrency also gives you a great deal of anonymity. Unfortunately, this can lead to misuse by a criminal element that uses cryptocurrency for its own purposes, just as ordinary money can be misused. However, it can also prevent the government from monitoring your every purchase and violating your personal privacy.

Cryptocurrency comes in several forms. Bitcoin was the first and is the standard by which all other cryptocurrencies are made. All are produced by meticulous alpha-numerical calculations from a complex coding tool. Some other cryptocurrencies are Litecoin, Namecoin, Peercoin, Dogecoin and Worldcoin, to name a few. They are called altcoins as a generalized name. The prices of each of them are regulated by the supply of a certain cryptocurrency and the demand that the market has for that currency.

The way cryptocurrency is created is quite fascinating. Unlike gold, which must be mined from the ground, cryptocurrency is just an entry in a virtual book that is stored in various computers around the world. These entries must be ‘excavated’ using mathematical algorithms. Individual users or, more likely, a group of users perform computational analysis to find specific data series, called blocks. ‘Miners’ find data that produces an accurate pattern for a cryptographic algorithm. At that point they applied to the series and they found a block. After the equivalent data series on the block matches the algorithm, the data block is unencrypted. The miner received a reward from a certain amount of cryptocurrency. As time goes on, the amount of the reward decreases as the cryptocurrency becomes smaller. In addition, the complexity of algorithms in search of new blocks has increased. Computing, it becomes harder to find the right series. Both of these scenarios come together to reduce the speed of cryptocurrency creation. This mimics the difficulties and scarcity of excavating goods like gold.

Now, anyone can be a miner. The originators of Bitcoin created an open source mining tool, so it is free for everyone. However, the computers they use work 24 hours a day, seven days a week. The algorithms are extremely complex and the CPU runs at full tilt. Many users have specialized computers made specifically for cryptocurrency mining. Both the user and the specialized computer are called miners.

Miners (people) also keep transaction books and act as auditors so that the coin does not multiply in any way. This prevents system hacking and rabies. They are paid for this job by receiving a new cryptocurrency every week while maintaining their work. They store their cryptocurrency in specialized files on their computers or other personal devices. These files are called wallets.

Let’s summarize by going through a few definitions we’ve learned:

• Cryptocurrency: electronic currency; it is also called digital currency.

• Fiat money: any legal tender; supported by the state, is used in the banking system.

• Bitcoin: the original and gold standard of cryptocurrency.

• Altcoin: other cryptocurrencies that are based on the same processes as Bitcoin, but with small variations in their coding.

• Miners: an individual or group of individuals who use their own resources (computers, electricity, space) to mine digital coins.

o Also a specialized computer made especially for finding new coins through computer series of algorithms.

• Wallet: a small file on your computer where you store your digital money.

Conceptualization of the cryptocurrency system in brief:

• Electronic money.

• Dig individuals who use their own resources to find coins.

• Stable, finite currency system. For example, there are only 21,000,000 bitcoins produced for all time.

• Does not require the government or the bank to do so.

• The price is decided by the amount of coins found and used in combination with the public’s demand to own them.

• There are several forms of cryptocurrency, with Bitcoin coming first.

• It can bring great wealth, but, like any investment, it carries risks.

Most people find the concept of cryptocurrency fascinating. It is a new field that could be the next gold mine for many of them. If you find that cryptocurrency is something you would like to know more about, then you have found the right report. However, I barely touched the surface in this report. There is much, much more about cryptocurrency than what I went through here.

When trading news, there are three questions we need to ask ourselves before each trade: Does the news matter? Is the surprise big enough? And is the surprise in line with market sentiment?

1. Does the news matter?

The first task is to understand what is important and what is not. The first three parts of potential market economic data for any country, namely employment, retail, and activity and service sector activity reports, also known as ISM or PMI reports. In addition, there are market reports on gross domestic product (GDP) and reports on inflation (consumer and producer prices). What cannot be traded are reports like the Beige Book because there is no specific number to compare, data is published weekly, and any Japanese or Swiss economic report is almost always overshadowed by the general market mood.

If you have a hard time figuring out whether data can be traded or not, most Forex sites will list the impact that each data can have on the currency. High impact events are the ones we want to trade.

2. Is the surprise big enough?

The second question is the most demanding of the three because it is subject to interpretation, but the good thing is that the market will usually interpret for you. As a rule, if the number is higher or lower than the forecast by more than 5 percent, it is considered a big surprise, but sometimes a surprise of 2 percent is enough to cause a big reaction in the currency.

What should you do? Just wait and see how the market reacts to the release. If the currency pair barely moves, then the most likely surprise is not so significant. If the currency pair immediately jumps higher or falls like a stone, there is a good chance that the market is surprised. It is crucial to wait five minutes before entering the trade to make sure that the currency reacts in the way it should. In other words, a positive surprise should encourage the currency pair to a higher level, and a negative surprise should lower it.

3. Is the surprise in line with market sentiment?

The third question is important because economic data is sometimes something we would otherwise expect to provoke a big reaction, but for whatever reason the rally is quickly disappearing or traders simply don’t care.

This usually happens when something else overshadows the data and triggers the general mood in the Forex market. It can be anything from risk appetite to US data or concerns about problems in Europe. If the economic data of surprises or “basis” are in line with the prevailing sentiment in the market, it is about stronger trade. In other words, if the market wants to buy dollars and retail is strong, this usually gives Forex traders an even better reason to send a higher dollar. However, if the market is worried about the prospects of the American economy because the Federal Reserve warns that there will be more problems, then good data may not do much for the dollar because they would be viewed with skepticism.

Quantifying the prevailing market mood can be difficult, but moving averages can help because they measure the current market trend by averaging a number of past prices. If the data is good and the currency pair is trading above the moving average of 50 periods on a 5-minute chart (or the data is causing the currency to break above the moving average), then there is a greater chance that sentiment and fundamentals will support trading. However, if the data is good and the currency pair is trading well below the moving average of 50 periods, then that suggests that the prevailing sentiment does not support economic surprise. In this case, we will not accept trade because we want to have as many key variables aligned in our favor as possible.

To summarize, we only want to trade economic data that is important, with surprises big enough to provoke a reaction in the currency, and only if the economic data is in line with the general mood in the market. With these guidelines in hand, let me show you how fast and furious news trading works.

What is ICO: Not so long ago, Bitcoin went through a process of emerging and promising a potential future, although it was interpreted and understood as a pointless step towards a digital currency. In the years that followed with the maturation of Bitcoin, the cryptocurrency ecosystem detonated. Amid the aggravatingly accelerated pace of the birth of freshly launched coins, there is a type of transaction called the “Initial Coin Offer” or ICO. ICO is a tool that seeks financial support that includes trading long-term cryptocurrencies in exchange for the expeditious value of current cryptocurrencies. According to The Financial Times, ICOs are overseen by cryptocurrency procurement and distribution laws where investors can spend money.

On the other hand, The Economist describes ICOs as digital tokens issued based on an ineradicable distribution of logs and blockchains.

In conclusion, we can say that ICOs are new hand-held catapults that open the place for newly created cryptocurrencies.

Laws: Smith + Crown explains that most ICOs are software tokens sold on the market that relate to the time before they were made available for purchase. To circumvent legal needs, ‘crowdsale’ or ‘donation’ instead of ICO are the languages ​​now commonly used.

Is there a chance the ICO could slow down: In this regard, Crypto Hustle writes in a recent article that the ICO is hysterical because of those people who first adopted Ethereum and are now interested in returning. So, it cannot be assumed whether the phases of the search for pleasures will last long or not, but when the corrections come, we will see which cryptocurrencies will remain in place.

If ICO is a safe buy: If you take a risk and do not change the risk, not paying attention to the end of capitalism, or the fact that this topic could bury you in the country, without capital, then go ahead, it is your decision.

Now that we have gathered information on ICOs, we come to the final question.

What is the future of ICO: According to research reports from 2017, “about 46% of ICOs have not reached the implementation stage despite raising about $ 104 million.”

Causes:

• Increased risk of investing in cryptocurrencies.
• Draconian regulations.
• Tough competitions.
• Yield reduction.
• The volatile nature of cryptocurrency.

China has banned the ICO, and Russia has brought to light a completely different set of rules and regulations for the ICO with the promise that investors can sell back their tokens. ICO promotions on Google and Facebook are heavy, and Twitter has deliberately banned fake crypto accounts. More authorities believe the blockchain has a living future, but the ICO? Her future rots in her own skin in the fight to cross that extra bridge to prove her credibility.

So, yes. The death of the ICO is indeed looming in the air, and before we know it, it could fit in and disappear as if it never existed in the economy. But still there are some coins that can be converted into the next Bitcoins so you have to be on the lookout for the best ICOs.

It cannot be denied that China emerged as a global economic power, especially after the global financial crisis. In fact, it is considered to have been a key driver of global economic growth, at a time when Western economic markets were largely subjugated. Africa has benefited tremendously from the growth of the Chinese economy in the recent past. Statistics show that by the end of 2012, Chinese foreign direct investment in the continent had approached the $ 20 billion mark. For all intents and purposes, this is a significant amount of investment that shows how much the so-called ‘sleeping giant’ rises.

Zimbabwe is increasingly relying on China, against the backdrop of an ‘east-facing policy’ pursued by the Zimbabwean government. China’s Chinese-owned investment has invested $ 400 million to form a joint venture with the Zimbabwean government to mine diamonds in the Marange fields. Furthermore, various companies in the country, such as Zisco Steel (now Zim Steel), have benefited from Chinese investments in the country, giving more currency to Sino-winter trade relations. In addition, it is stated that a deal has been concluded for the installation of two generators in the Caribbean South worth about $ 400 million with the Sino-Hydro Company.

According to the World Bank, Zimbabwe has managed to increase its foreign direct investment almost eightfold in just four years, to $ 387 million, making a paltry $ 51.6 million in 2008. Much of this renewed increase in capital inflows is largely the result of investment The Chinese made it in Zimbabwe. This, however, is not inconsistent with current world trends. Recent statistics show that China has overtaken Japan as the world’s second largest economy. China also has the largest foreign exchange reserves, amounting to an incredible 3.4 trillion dollars, which are mostly held in debt instruments of the United States and other Western countries, which shows how dominant the Chinese have become in global trade and investment dynamics.

While China’s role in Zimbabwe’s economy reflects global trends, the question of the effects of China’s weakening economy on the country cannot be avoided. These concerns are not exaggerated, given that recently published Chinese data showed that the economy of the Asian giant grew by 7.7%, and forecasts of around 8% are missing. Some analysts attribute the recent fall in the price of gold, the biggest in a year and a half, to China’s weaker growth, at a time when it is a key driver of global demand. Zimbabwe’s economic model that depends on foreign investment from China is therefore a cause for concern as it makes the country vulnerable to external shocks represented by the downturn in China’s economy.

At a time when there are initial signs of recovery in the local economy, every reasonable step must be taken to ensure the establishment of a solid economic foundation within the economy, to ensure that this recovery translates into sustainable growth going forward. Efforts to distance the country from risks such as those posed by a global system that relies too heavily on China must be the focus of the forces at stake. It can be argued that in an era of global interconnectedness, the risks of infection can be difficult to curb. Although this argument has its merits, history has shown how diversification isolates economies from unfavorable global economic trends. The biggest cause for concern would be the impact on the economy, if this capital largely flows from one destination where it stops abruptly. This will obviously have detrimental effects on Zimbabwe’s economy, and it is an event that should be avoided.

At a time when the amount of foreign direct investment in Zimbabwe is nothing to write about, compared to other countries in the region, the goal of the Zimbabwean government is becoming twofold. The first and perhaps most important at the moment is to attract significant foreign direct investment to the country for investment consumption, in order to increase the production capacity of the local economy. Second, we need to ensure that these capital flows come from a diverse base in order to limit the risk of shocks to the local economy.

In recent years, the continent has experienced rapid growth in intra-African trade, especially in sub-Saharan countries. This is a trend that should be encouraged, as a way of collectively expanding African economies. Soft infrastructure in the form of improved institutional capacity in African countries, respect for the rule of law, free foreign exchange controls and tax regimes must be implemented to encourage intra-African trade. As trade becomes more popular among African countries, so will the capacity of African economies to invest internally, thus providing sufficient funds for investment purposes within the continent.

While reliance on China has worked to some extent so far, this model is simply not sustainable. China’s long-term growth prospects are increasingly threatened by recent declining working-age populations, partly attributed to its ‘one child’ policy and socio-economic structure, which estimates that 900 million people out of 1.2 billion still live in poverty. Some are already predicting that China’s economic bubble may start to burst. The weakening of the Chinese economy as a result of these structural problems would inevitably be a precursor to a massive reduction in their external FDI flows. Based on the current economic model, Zimbabwe would be negatively exposed to this economic risk.

Moreover, Zimbabwe must be careful not to open up to a new form of imperialism by the Chinese, and recognize that at the end of the day, like any other investor, they are competitively driven by profit motives and will ultimately look out for their own interests. In my opinion, the issue of the effects of Zimbabwe’s over-reliance, and perhaps Africa’s over-reliance on capital flows and trade with China, deserves debate, especially as we rebuild our economy. Sure, the country has benefited from the support of its ‘all-weather friend’, but the question is how sustainable is this model to thrive?

Forex trading is not a difficult task if you know the five tips below. Please read them before proceeding with your Forex adventure:

1. Research before you enter the market: If you enter the market without any idea about the market, you can get into trouble. It is therefore advisable to research before entering the Forex market.

2. General knowledge about different countries and situations in them: It is possible to know whether a country is facing a catastrophe or whether a country’s economy is in constant decline. In such cases, traders with knowledge of these businesses gain an additional advantage and benefit from the fact that traders who are not aware of it intentionally incur losses.

3. Stick to Strategies: While starting in the Forex market, many people have many strategies. But after a few days, forex magic starts to entice them and they finally forget their strategy and end up in losses. Therefore, adherence to the plan and insignificant changes are not encouraged.

4. Off-peak trading: In the Forex markets you can find huge turnover during off-peak hours. Many professional Forex traders trade during this period.

5. Avoid demonstrations and wrong brokers: both wrong brokers and demos do more harm than good to people. Wrong brokers aim to take your money, not to direct you, and demonstrations will leave false impressions about certain things like investing too much money, etc.

Basically, forex is a place where people trade. Different foreign currencies are traded. People buy and sell currency. The market is quietly whispering about software that helps to perform forex in a very fast way. Its name is Forex FAP Turbo software and a lot of enthusiastic reviews about it.

Let’s see if this is the right thing for your money? FAP Turbo is one of the best robots available on the market. Before its introduction, people had never heard of what a Forex robot was. This particular program automatically enters all the information needed by the owner.

In November 2008, something happened that had never happened before in history. The new euro, which began to be used as the official currency in some 17 countries in Europe in 1995, surpassed the megalithic US dollar. The euro was previously adopted by financial markets in 1999. The US dollar slipped from a high pedestal and lost its numero uno position as the world’s leading currency in circulation against the euro in November 2008. The significance of this event has not been lost to anyone.

The euro was first valued at 1.18 against the dollar. He began to lose ground quickly. The trend continued until it fell to 0.8 for one dollar in October 2000. When the national currencies of the European Union member states were replaced by the euro, there was a reversal and it began to appreciate steadily. It reached parity with the dollar in July 2002. It has risen in value ever since. His career chart shows that he exceeded his initial value in May 2003 and reached 1.3 against the dollar. It was a time when the dollar was going through its difficult phase and was losing against all major currencies. After a period of uncertainty, the euro rose again to its peak of $ 1.5 in July 2008, but returned to $ 1.25, although it is still above its initial value. From now on, in November 2009, it amounts to a respectable $ 1.48.

The US dollar is truly an international currency that can be exchanged anywhere on Earth. Countries like the British Virgin Islands, Bermuda and Ecuador either use the dollar as their official currency or in conjunction with their national currencies. Others, such as Lebanon and Iraq, have reported the dollar as their de facto currency.

To return to the tickling question of whether the euro wins the international championship and replaces the dollar, various speculations revolve around it. The downward trend was formed at the time of President Nixon when the administration began spending more money than it received as revenue. OPEC came to his aid and made up for the deficit. He also bought US government bonds. Japan followed suit and unloaded its significant financial baggage in the U.S. to buy bonds.

Euro-denominated bonds are in circulation and pose a real threat to US bonds. OPEC wants to invest in euro bonds. This will further complicate matters for the dollar and US interest rates will certainly rise. This is because demand is growing enormously, and supply may not come from Japan and OPEC.

Let this not discourage Americans, because the world economy will completely collapse without the dollar retaining its main position. At least that’s how it’s considered for now. The economies of the world will not like to be stranded and left to hold a bag. But for how long?

Why should gold be a product that has this unique property? This is most likely due to its history as the first form of money, and later as the basis of the gold standard that determines the value of every money. That is why gold gives fame. Create a sense of security as a source of money that always has value, no matter what.

The properties of gold also explain why it is not correlated with other means. This includes stocks, bonds and oil.

The price of gold does not rise when other asset classes grow. There is not even an inverse relationship because stocks and bonds are mutually exclusive.

REASONS FOR OWN GOLD

1. A history of holding one’s worth

Unlike paper money, coins or other assets, gold has retained its value through the centuries. People see gold as a means of passing on and maintaining their wealth from one generation to the next.

2. Inflation
Historically, gold has been an excellent protection against inflation, as its price tends to rise as the cost of living increases. Over the past 50 years, investors have seen gold prices rise and the stock market fall during years of high inflation.

3. Deflation
Deflation is a period during which prices fall, economic activity slows down and the economy is flooded with excess debt and is not seen in the world. During the Great Depression of the 1930s, the relative purchasing power of gold rose while other prices fell sharply.

4. Geopolitical fears / factors
Gold retains its value not only in times of financial uncertainty, but also in times of geopolitical uncertainty. It is also often referred to as a “crisis commodity” because people are fleeing to their relative security as global tensions rise. In these times, gold is better than any other investment.

HISTORY OF GOLD AND CURRENCY

All world currencies are backed by precious metals. One of them because gold plays a major role is supporting the value of all world currencies. The bottom line is that gold is money, and currencies are just securities that can wake up worthless because governments have the overwhelming power to decide the value of any country’s currency.

The future of currencies We are at a turning point

WHY DO SMART INVESTORS INVEST IN GOLD?

1. Markets are now much more volatile after Brexit and the Trump election. Defying all odds, the United States has elected Donald Trump as its new president and no one can predict what the next four years will be. As commander-in-chief, Trump now has the power to declare nuclear war and no one can stop it legally. Britain has left the EU, and other European countries want to do the same. Wherever you are in the western world, uncertainty is in the air like never before.

2. The United States Government oversees retirement insurance. In 2010, Portugal confiscated assets from retirement accounts to cover public deficits and debts. Ireland and France acted in the same way in 2011 as Poland in 2013. The US government. He noticed. The Ministry of Finance has taken money from the pension funds of civil servants four times since 2011 to compensate for budget deficits. Legend of multimillionaire investor Jim Rogers believes that private accounts will continue as government attacks.

3. The 5 largest US banks are now larger than before the crisis. They have heard of the five largest banks in the United States and their systemic importance as the current financial crisis threatens to break them. Lawmakers and regulators have vowed to resolve the issue as soon as the crisis is contained. More than five years after the end of the crisis, the five largest banks are even more important and critical of the system than before the crisis. The government has exacerbated the problem by forcing some of these so-called “oversized banks to fail” to absorb the breaches. Any of these sponsors would fail now, it would be absolutely catastrophic.

4. The risk of derivatives now threatens banks more than in 2007/2008. Derivatives that collapsed banks in 2008 have not disappeared as promised by regulators. Today, exposure to derivatives of the five largest U.S. banks is 45% higher than before the 2008 economic collapse. The assumed bubble exceeded $ 273 billion, compared to $ 187 billion in 2008.

5. US interest rates are already at an abnormal level, leaving the Fed little room to cut interest rates. Even after an annual increase in interest rates, the key interest rate remains between ¼ and ½ percent. Note that before the crisis that erupted in August 2007, interest rates on federal funds were 5.25%. In the next crisis, the Fed will have less than half a percentage point, it can cut interest rates to boost the economy.

6. American banks are not the safest place for your money. Global Finance magazine publishes an annual list of the 50 safest banks in the world. Only 5 of them are based in the United States. UU The first position of the American bank account is only # 39.

7. The Fed’s total balance sheet deficit continues to grow relative to the 2008 financial crisis: The US Federal Reserve still has about $ 1.8 trillion in mortgage-backed securities in its 2008 financial crisis, which is more than twice as much as $ 1 trillion. I had before the crisis began. When mortgage-backed securities become bad again, the Federal Reserve has much less freedom to absorb bad assets than before.

8. The FDIC acknowledges that it has no reserves to cover another banking crisis. The latest FDIC annual report shows that they will not have enough reserves to adequately secure the country’s bank deposits for at least another five years. This amazing discovery recognizes that they can only cover 1.01% of bank deposits in the United States, or $ 1 to $ 100 of their bank deposits.

9. Long-term unemployment is even higher than before the Great Recession. The unemployment rate was 4.4% in early 2007 before the last crisis. Finally, while the unemployment rate reached the level of 4.7% observed when the financial crisis began to destroy the US economy, long-term unemployment remains high, and labor market participation has fallen significantly five years after its end. previous crisis. Unemployment could be much higher as a result of the coming crisis.

10. American companies are failing at record speeds. In early 2016, Jim Clifton, CEO of Gallup, announced that the commercial failures of the United States were greater than the start-ups that began for the first time in more than three decades. The lack of medium and small enterprises has a major impact on the economy, which has long been driven by the private sector. Even larger companies are not immune to problems. Even heavyweights in the U.S. economy such as Microsoft (which cut 18,000 jobs) and McDonald’s (which closed 700 stores during the year) suffer from this terrible trend.

Why do smart investors add physical gold to their retirement accounts?

Ensuring inflation and deflation.
Limited delivery Demand is higher
A safe haven in times of geopolitical, economic and financial turbulence.
Portfolio diversification and protection.
Share value.
Cover against the fall of the policy of printing dollars and money.

Yes, we will really try to start this conversation. No, this is not a reason why you should avoid Forex or consider fraud a possible client. These are very real dilemmas that damage the image of the industry and diminish the activities that take place. The marginalization of Forex has been a problem for brokers trying to promote their services, and the stigma has been applied to traders as well. Who bears the greatest burden of responsibility for the downward spiral of industry? Hint, hint: Everyone is involved.

5. Brokers require deposits in any way

Yes, the economy is in a bad state and companies will do their best to ensure that the money is in their coffers. Does it justify ridiculously low minimum deposits? Does it justify calls for sales after a few days of using the demo version? Does it justify reckless proposals to return cash and leverage?

If the Forex industry seems to have taken a few tips from the casino gaming industry, you are probably quite cautious. Casinos and poker sites use rakeback bonuses, compensations and VIP points to generate loyalty and use deposit bonuses to bring you to the door. Forex firms that act like casinos tarnish the reputation of the industry and the trades that take place. Bad actions of brokers make the action that takes place in the most liquid and most active market in the world seem insignificant and stupid.

Deposits at ridiculously low levels are also a problem, $ 1 deposits are stupid. On the other hand, any broker who takes deposits below $ 250 should really be left scratching his head. Forex is not a horse trip, a racino, a slot machine, or a lottery! People should trade the amount they feel comfortable trading, but they would take the trading action seriously.

By acting like casinos, brokers diminish the credibility of the foreign exchange market.

4. Signal savages

Snake oil sellers in the Forex industry are ready to serve you their holy grail developed by “brilliant” minds who have tested trends over the last 15 years that will guarantee you a% profit or a percentage of victory above a certain point. This is simply stupid, there are no guarantees on the market. Even fixed income securities must be valued to ensure the repayment of company / state / municipal debt.

Websites for most signal movers are scum and send spam from forums and Twitter. They plunder those who lose money so they can buy their services. If their signals were so good, they would not have to distribute them to the public so that everyone could use them at a price.

If someone had signal software that worked 80% of the time and locked in 20% of winnings, would they really bother to distribute it at a price? No, the user would trade based on this information at leverage levels that he felt comfortable with and would not share this valuable information. They would get rich in a short period of time and the world would not know about signaling software. Is signal software as good as algorithmic trading software developed for banks and hedge funds by quantity? Probably far from it. Yes, banks lose money in stores even in high-frequency trading.

There is no magic elixir, sorry.

3. Current form of demo trade

Do you have $ 100,000 to invest in Forex trading? Okay, do you have $ 50,000? Okay, what about $ 25,000? Well, Forex brokerage houses out there – believe me you know! Or so it seems … Is it possible that these ridiculous demo amounts were set to create unrealistic expectations in the minds of traders to make them trade in a real environment thinking that they themselves can reach such high levels?

Or … Maybe brokers think that offering something that is so unrealistic that their demo is only for those who are simply interested in learning and experiencing trading software? Perhaps the only realistic brokerage experience they can provide has its price and is so designed.

Another explanation is that they may not have many good ideas to attract and retain a clientele.

2. Forex scams

The unfortunate thing about Forex is that bucket shops, scammers, boiler rooms and brokers who trade against their clientele are much more common than you think. These companies and the individuals who run these companies are bringing the industry into a ditch. Regulations are on the rise and startups with alternative visions have to raise huge amounts of capital just to compete in certain markets where attracting clients is inherently uncertain.

Forex scams make the industry suspicious and indecent, when in reality it is an alternative market for those who do not want to follow 5,000 different companies. It looks a lot like Las Vegas during the 1950s and tarnishes everyone involved. It hurts when it comes to new clients because they’ve probably heard a horror story about how someone lost a lot of money or their identity by a Forex scammer.

Those who conduct these unspoken operations who want to rob or injure their clientele should close down and return their money to the clients.

1. The merchants themselves

From the unusual dream of getting rich quick due to too much leverage to not taking the time to choose the right brokers to not being ready to trade live at all. Traders themselves give this industry a bad reputation because they fail at an extraordinary 65.01% ratio (Q2 2013 in the United States).

The intimidation tactic used by many is that 95% of traders lose their money, but the facts do not confirm that. The so-called smart traders repeat this nonsense as if it were gospel truth, but the reality is that it is a lie. More retailers succeed than are talked about on bulletin boards, forums and seminars. 65% failure rate is average, you will see that failure rates range from 54% to 78% depending on the broker. Not so shocking, brokers who attract users with ridiculously low deposits have higher rates of unprofitability.

The problem is that most traders are completely uninformed and when communicating with each other and giving potential traders bad information. This is detrimental to the industry.

Continuing to continue the problems plaguing the industry will eventually end retail currency trading in most of the world and that would be a shame.