Archive for the 'Finance' Category

Shifting Trends Lead to China-Bashing and Rising Global Trade Tensions

Thursday, November 8th, 2007

Here is an interesting article produced by Mr. Eric Roseman from The Sovereign Society (By the way, I recommend you sign-up for their free newsletter). As you can tell by the title, it builds on my previous coverage of the “dollar collapse” unfolding itself before our very eyes. I hope you find it informative and [...]

GalleonFX – Tues night market surge helps bring 11% profit in the first week of Nov

Wednesday, November 7th, 2007

Wow, I am a bit surprised at how well my GalleonFX Managed Forex Account is doing. As the heading says, my account went up 11% in just 7 days! Needless to say I am quite happy at this moment. Who knows, maybe they will manage to achieve another 75% like back in September. Last month’s [...]

Dollar Sharply Lower on China Reserve Diversification Talk

Wednesday, November 7th, 2007

Dollar has been extremely weak recently on fear that credit market problems will worsen and force Fed to continue easing. The fall in greenback accelerates today after comments from Cheng Siwei, vice chairman of China’s National People’s Congress, said that China will “readjust” the $1.43 trillion of foreign-exchange reserves, favoring “stronger currencies over weaker ones”, [...]

Barclay Ranks GalleonFX #1 for Sept in Currency Trader Magazine

Wednesday, November 7th, 2007

I was quite surprised to hear of this, but nonetheless I’d like to congratulate the GalleonFX crew for achieving this distinction. I hope they keep this performance level up because my account is sure liking it Here is a copy of the e-mail they sent out to members:
In the November 2007 Issue of [...]

Money FAQ – What Every American Citizen Should Know About Money

Friday, November 2nd, 2007

What is the definition of a dollar?
A dollar is a unit of measurement, much like a pound, a foot, or a mile. Specifically, the dollar is a unit of weight. It’s defined as 24.75 grains of [...]

Why Currencies Move Up, Down and Sideways

Thursday, November 1st, 2007

Here is a very informative article for those of you who are interested in the currency trading market (like moi). This article is brought to you by SEAN HYMAN, Currency Director of The Sovereign Society.
Most investors know that a company’s earnings move a stock. But what moves a country’s currency?
Actually, there are many factors that [...]

Oil breaches historic $90 barrier

Saturday, October 20th, 2007

Crude oil prices have continued to defy all skeptical predictions and hit a record high of $90 per barrel for the first time.
The historic high-point spells bad news for much of the economy, with businesses in many sectors relying on lower fuel costs in order to function most effectively.
Meanwhile, the happiest investors on the market [...]

Dollar dips down again, gold prospers

Saturday, October 20th, 2007

Gold was again on the rise today, as the New York Mercantile Exchange saw futures for December delivery rise $6.90, or 0.9 per cent, to hit $769.20 per ounce.
A key factor in today’s fresh rise was a new fall in the value of the dollar relative to other currencies, with a recent rally for the [...]