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Markets Crash! Currency Trading?

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politicallore Donating Member (713 posts) Send PM | Profile | Ignore Wed Sep-17-08 11:27 AM
Original message
Markets Crash! Currency Trading?
What do you think?

I wrote something about it, and I have personally have had good luck with it. Not recommend unless you can check the news :)

http://www.politicallore.com/writers/alexander-nobles/markets-crashing-currency-trading-the-way-to-go/383


I think until someone has a few years in office... The economy will not be on the right track. Bush Completely screwed us with his F#%@'in Bankruptcy bill...
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:29 AM
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1. a great way to loose a lot of money without years of experience
watch out
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:32 AM
Response to Reply #1
2. agreed
For example, your average Joe would be making bets against the USD but its on a big time run. It takes a long time to learn the ins and outs and figure out what market forces effect currencies.
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politicallore Donating Member (713 posts) Send PM | Profile | Ignore Wed Sep-17-08 01:41 PM
Response to Reply #2
4. if you want to know where the U.S. dollar will go, just watch Oil, and Gold...
Gold/Oil go up... Dollar goes down.
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screembloodymurder Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:40 AM
Response to Original message
3. While I wouldn't speculate, I do think you should protect your savings.
If you have everything in the US dollar and it is devalued, you're screwed. I think a diversified account would include foreign government bonds and even some currency funds.
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