April 23rd, 2009 stanley
http://online.wsj.com/article/SB123780272456212885.html
BEIJING — China called for the creation of a new currency to eventually replace the dollar as the world's standard, proposing a sweeping overhaul of global finance that reflects developing nations' growing unhappiness with the U.S. role in the world economy.
Chinese officials are frustrated at their financial dependence on the U.S., with Premier Wen Jiabao this month publicly expressing "worries" over China's significant holdings of U.S. government bonds. The size of those holdings means the value of the national rainy-day fund is mainly driven by factors China has little control over, such as fluctuations in the value of the dollar and changes in U.S. economic policies. While Chinese banks have weathered the global downturn and continue to lend, the collapse in demand for the nation's exports has shuttered factories and left millions jobless.
Posted in Currency Trading | 22 Comments »
April 23rd, 2009 stanley
After watching Rogue Trader I have become more interested in how you can manipulate the market with huge amounts of money.
How exactly would you do this for example on the Forex Markets?
Posted in forex trading | 7 Comments »
April 23rd, 2009 stanley
I would like to start trading on Forex and i have heard that they are robots that do this really well. can anyone share their experience with such. I don't want to waste my time or money. Please share any other business opportunities you may have as well. thank you.
Posted in forex trading | 14 Comments »
April 23rd, 2009 stanley
He only said we need to do something- and that China and Britain / Gordon Brown seemed to think thats the way to go as well. WHAT THE? Is going on? Now we are going to have a flipping Global Govt?
Posted in Currency Trading | 12 Comments »
April 23rd, 2009 stanley
I might start trading currencies in a little bit but I was worried a little about the taxes on forex. I understand there is no limit on day trades in forex right? So if there are no limits I might end up doing 10 trades per day. Additionally, the forex market is open all day so this gives me even more time to trade. Come time to file my taxes, do I have to report every single trade I made and the profit/loss on each of those trades? Or do I just have to submit my profit/loss overall? If I end the year with a thousand trades or something I don't know what I will do if I have to report each and every one individually!
Posted in forex trading | 1 Comment »
April 23rd, 2009 stanley
through an online broker they need my passport number?
Posted in forex trading | 3 Comments »
April 23rd, 2009 stanley
Posted in Currency Trading | 2 Comments »
April 23rd, 2009 stanley
Proving yet again this whole administration is in way over their head.
http://www.ft.com/cms/s/0/7851925a-17a2-11de-8c9d-0000779fd2ac.html
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
Posted in Currency Trading | 19 Comments »