December 21st, 2010 stanley
The gold standard is the monetary system where the government allows currency to be redeemed in gold. This ended in 1971.
Fiat currency is what countries have today. The problem is that a country may print too much money in order to get out of debt and this results in inflation.
The meteorite standard is the most stable, because unlike gold the quantity of meteorites cannot as easily be increased through mining.
The meteorite standard would also encourage investments in space mining and exploration for meteorites.
Which monetary system would you prefer???
Posted in Currency Trading | 2 Comments »
December 21st, 2010 stanley
The meteorite standard may be the most stable, because unlike gold or fiat currency the quantity of meteorites cannot as easily be increased through mining or printing.
The meteorite standard would also encourage investments in space mining and exploration for asteroids.
What do you think of going to a meteorite standard of currency?
Posted in Currency Trading | 4 Comments »
December 21st, 2010 stanley
Advantages?
Disadvantages?
Posted in Currency Trading | 2 Comments »
December 20th, 2010 stanley
Okay i need help
VERY IN NEED OF HELP
heres my question
AUD1.00 = EUR0.600715
Using the above rates what would it be using thsoe rates hoow would / what is the answer to this
EURO1.00 = AUD?????
How many AUD would i get using these rates
AUD1.00 = EUR0.600715
i really need help please help me
So basicly i need to know using those rates how many AUD i would get for every EURO $1….
Thanks and hope for a good answer
Plz note i need the answer and how to do it the reason why is this is not actually a question but i need the answer to find out the answer to other questions
i have been trying to figure it out for over 32 minutes so please give me a answer and how u worked it out.. thanksssss
Posted in Currency Trading | 1 Comment »
December 20th, 2010 stanley
I’m using javascript to grab a number value from a span with .innerHTML and I need to add commas in the proper place. EVERY number will have two decimal places no matter what so all I care about is how to add the commas after that.
How can I have javascript do this? Example: Take this number > 1000.00 or 1000000.00 and turn it into this 1,000.00 or 1,000,000.00
No javascript 1.5 solutions please…I just need something simple and old school, like a function that works like this > After the decimal add a comma after every three numbers
Posted in Currency Trading | 1 Comment »
December 20th, 2010 stanley
5 Year chart of the US dollar in comparison to Chinese Yuan
http://finance.yahoo.com/q/bc?s=USDCNY=X&t=5y&l=on&z=m&q=l&c=
The Chinese bought a treasury bond they were "paid" interest on the purchase of one US dollar and converted it to 8 Yuans
The US has been printing money to make up for the fact no one is buying their treaurty bonds anymore and that has lead to devaluing the currency of the US
Now instead of converting that one dollar to 8 it converts to 6 because the US has devalued its money
And the US answer ?
Devalue your own currency to make up for the difference by printing more Yuans and steal the purchasing power of the money from the Chinese people to make the equation table LOOK like it used to
Surprise they think its a stupid idea
Why should China devalue its money to the point the US has devalued it’s own currency ?
One year chart
http://finance.yahoo.com/q/bc?s=USDCNY=X&t=1y&l=on&z=m&q=l&c=
3 Month chart
http://finance.yahoo.com/q/bc?s=USDCNY=X&t=1y&l=on&z=m&q=l&c=
5 days
http://finance.yahoo.com/q/bc?s=USDCNY=X&t=5d&l=on&z=m&q=l&c=
Every time Bernake hits print he devalues the US currency and takes all incentive of the Chinese or anyone else away from investing in the US and yet he hits print more and more these days Whose side is he on ?
Posted in Currency Trading | 3 Comments »
December 20th, 2010 stanley
The correlation between Swiss currency and Gold is high,
Does anyone have any suggestions on how Swiss currency relate to Gold together?
Thanks in advance for any suggestions
Posted in Currency Trading | 3 Comments »
December 20th, 2010 stanley
Republika Hrvatska-Hrvatskih DINARA
Posted in Currency Trading | 1 Comment »
December 20th, 2010 stanley
a) Eliminating the uncertainties associated with fluctuating exchange rates
b) Eliminating currency conversion costs
c) Easing the flow of financial capital across national boundaries
d) all of the above
Posted in Currency Trading | 1 Comment »
