The Dollar Decline

Looking for ways to secure your financial future in these dire economic times? This blog is for you.

Showing posts with label forex. Show all posts

Wednesday, October 22, 2014

Even Forex Trading Is Seeing the #Gold Trend

Unknown 5:20 AM , , , , , , , , , , , , , , No comments :





 Source courtesy of +HotForex 

Since the International Monetary Fund (IMF) lowered its estimation for global growth for 2015, the equity markets have seen a sizeable correction. Last week, before the correction in stock indices was reversed, over $3.2 trillion was momentarily wiped out from the value of the global stock market. In addition to this, various worries ranging from the spread of the Ebola virus to the Federal Reserve (Fed) tightening its monetary policy, added to the general feel of the investment world as we’ve known it over the last four to five years, coming, if not to and end, at least close to it. This translated into strength in Gold which is often viewed as a safe haven when global threats arise or when the Fed expands its balance sheet. It is clear from the charts that when things got jittery, money flowed out of the other markets, but not from gold. Instead, gold gained after it touched a long term support level. According to the Financial Times, flows into gold investment funds hit an eight week high in the week to October 15th. At the same time the comments from the St. Louis Fed president Mr. Bullard have left the door open for further expansion of the Fed’s balance sheet. Based on all of the above, it is safe to assume that gold prices will be either sustained above the latest weekly low (support level at 1183) or trend higher over the coming months.

Do You Have Gold?





Wednesday, September 3, 2014

Basic Rules Of Investing In Gold: Gold Buying 101

Unknown 7:47 AM , , , , , , , , , , , , , , No comments :
http://www.karatbars.com/?s=joinusnow 


Here Are Some Helpful Tips On How To Support Yourself By Investing In Gold.


Much of the world recognizes the value embodied by gold. It seems to be a topic that is becoming a more common topic of conversation as economic difficulties continue to arise across the globe. If the surging tide of gold is something you want to understand better, you need to spend some time studying the subject.

The following information will provide you with a solid base of knowledge.

Use caution when buying your gold. Make sure that you are buying from a reputable seller. You can learn who you can trust by searching the Better Business Bureau website and other resources like it. If you attempt to buy your gold through online actions, pay special attention to the seller's history.

You need to know what a karat is. Gold is a soft metal so it must be combined with other metals for durability. Each karat, which is 1/24 pure gold, tells you how much gold is in the alloy compared to other metals. A piece that has less than 10 karats cannot legally be called gold.

Before you buy gold, be sure you know exactly when it will be delivered to you. If the seller does not provide immediate delivery, you must get some kind of writing from them confirming when you can expect to get your pieces. The expected delivery date should be noted somewhere. Proceed with the order only if you get this confirmation.

Take precautions if you mail your items. There are a lot of mail-in services these days, and while they can be convenient, you need to protect yourself. Send the pieces through insured mail, take photographs and know the company's policies in case they lose your gold pieces and you want a settlement.

Be aware of any fees that are attached to the transaction of buying gold. Online purchases come with several types of fees. You may suffer from a markup of as much as ten percent from the dealer. Read all of the fine print to learn about any and all fees that are related to the purchase

Do not fall for the pressure that sellers may put on you. Sales pressure is commonly used when the seller is trying to pull a fast one on you. Always take some time to consider all of your options before investing in gold. This is especially true when buying over the Internet.

Check the prices of golds the day you plan to buy. This information is readily available online. Be aware that it is updated every day. Never pay in excess of 8% markup above the spot price. Anything more is unethical.

When selling your gold, realize that jewelers use a different scale system than others. For example, one ounce of gold will weigh 31.1 grams. Some businesses weigh by the pennyweight, which is 1.555 grams. Then, they purchase by the gram instead of the pennyweight, which can result in them underpaying you.

Gold is widely acknowledge to be a universal conduit through which personal wealth can be funneled, safeguarded and utilized. But, not everybody knows the best methods of maximizing their own market position. Hopefully after reading the above information, you are no longer one of them and are prepared to get the most from gold markets starting now.

Trusted Dealers:

Karatbars
APMEX

Other Reputable Dealers

Tuesday, September 2, 2014

Think Social Security Will Save You?

Unknown 8:07 AM , , , , , , , , , , , , No comments :
Think again.

I'm not a person to frequently (if ever) use FOX News as an uber credible source, but many economists agree with this story they broke (at Rick Perry's expense.)



Social Security by definition is a Ponzi scheme that even master swindler Charles Ponzi would feel badly about, Texas Gov. Rick Perry said Sunday, arguing that the federal government should turn over block grants to states to run entitlement programs.
"My children who are in their 20s know that Social Security is a Ponzi scheme," Perry, the new chief of the Republican Governors Association, told "Fox News Sunday." 
"It probably is a program that even makes Mr. Ponzi feel pretty bad if he were still alive. The fact is our children know that the money that they're putting into Medicaid they'll never see. And they need to fix it.
"And it is a Ponzi scheme. I don't know how you would explain it any other way than what you just did. There are fewer people paying into it and our kids are never going to see any benefit from it," Perry said.
Charles Ponzi was an Italian immigrant who defrauded thousands of New England residents by convincing them to invest in a postage stamp speculation scheme in which he promised investors a 50 percent return in 90 days. Though he died in 1949, his name lives on as an expression that refers to any investment scheme in which new investors are required to pay off earlier investors without any of the investments ever seeing the return promised. 
As a scheme, Perry, who recently published a book about decentralizing government, said Social Security, Medicaid and Medicare collectively are $106 trillion of debt because of unfunded liabilities. 
If states were allowed to implement Medicaid, for instance, then the federal government could start having the discussion on how to put Social Security on "better and more solid footing," he said.
Perry, who called states "the laboratories of innovation," said a better system would allow him to take federal block grants to create a cheaper health care delivery system without the federal strings.
"This federalized Washington health care now may not work. Matter of fact, we know it won't work well in Texas," he said. 
Though Texas has one of the lowest tax rates and regulatory structure, and led the states in private sector growth in the past decade, it is potentially facing a $25 billion deficit this year. The state already spends 25 percent of its budget on health care. Furthermore, 25 percent of the population in Texas doesn't have health insurance -- one of the highest rates in the nation. 
But Perry said he thinks he could cut Medicaid spending in half and return $9 billion to the government and cut $6 billion of the state's spending. He said that would also mean leaving the federal government out of the state's governing.
"It's $30 billion a year between the state and the federal government for one year of Medicaid in the state of Texas. We think we can cut that substantially, help our colleagues in Washington, D.C. balance the budget up there," he said.
"Do the things that you're supposed to do like securing our border, like delivering the mail, preferably on time and on Saturdays, before you get involved in things that the Constitution doesn't say one word about, like health care," Perry added.

More Articles On The Subject:


Sunday, August 31, 2014

The Golden Solution: You Should Be Buying Gold

Unknown 12:33 PM , , , , , , , , , , , , , , , No comments :

Here are a few reasons you should buy gold to secure your financial future.






Friday, August 29, 2014

An Article From The Crux - posted August 22nd

Unknown 6:07 AM , , , , , , , , , , , , , , , No comments :

Gold ALERT: The yellow metal is on the verge of a long-term "buy" signal


From Jeff Clark, editor, S&A Short Report: 

Patient gold traders are about to be rewarded.
In May, I told you gold was going higher.
Since my essay, the price of gold hasn’t done anything. Gold is only up around 2% over the past three months. That’s not exactly the big return most gold bulls are looking for.
But last week, I showed you how the “topping” action in the U.S. dollar could soon send the price of gold soaring in the short term.
And we’re likely about to get a “buy” signal from one long-term gold-buying indicator. The last time this indicator flashed “buy,” gold soared 80% in a little more than two years…

Take a look at this long-term monthly chart of gold…
The bottom of the chart shows the Moving Average Convergence Divergence (MACD) momentum indicator. On a short-term basis, the MACD shows overbought and oversold conditions. On a long-term basis, the MACD can be used as a timing indicator.
Without getting too complicated, when the shorter-term black trend line crosses above the longer-term red trend line, we have a “buy” signal. When the black line crosses below the red line, we have a “sell” signal.
The arrows on the chart show you how previous buy and sell signals have worked out in the past.
Keep in mind, this is a MONTHLY chart. So these are long-term buy and sell signals. They point out trends that are likely to last a year or more.
For example, the last buy signal for gold was back in October 2009. The signal lasted for more than two years, and gold rallied from about $1,000 per ounce to more than $1,800 – around an 80% gain – just before the MACD indicator generated a sell signal.
That sell signal has now been in place for 2.5 years. Gold has fallen from $1,800 per ounce to its current price of around $1,300.
But look at the setup on the MACD indicator. The black line is curling up and is on the verge of crossing over the red line. If this happens, it will generate a long-term buy signal for gold – the first long-term buy signal since 2009.
Since this is a monthly chart, all that matters is how the indicator looks at the end of the month. But based on how it looks right now, gold is about to soar.

Ready To Get Yours?

Subscribe to: Posts ( Atom )

Get Our Newsletter

Name

Email *

Message *