What You need To Know About Buying And Selling Forex
   Subscribe To Our Feed
When you deal in the forex exchange, you’re working with stocks and money from other countries and the products of these countries. One country’s currency is set against the same in another foreign market to determine the universal value. The monetary value of that foreign currency is calculated in FX deals.
It is reasonable that each foreign market will assume possession over the entire worth of their country affecting the currency, or currency. People who’re throwing their money into the forex market exchange accepts many large business organizations, banks international governments and finance businesses.
What are the things that make the forex exchange so different from the US stock market? A trade on the forex market is one involving a minimum of two countries, and occurs all over the world. The two countries must be 1, that of the investor, and 2, the country the money is being invested in. The greater amount of transactions that occur in the forex market are going to take place through a broker, such as a bank.
What really makes up trading in the forex market? The overseas market is comprised of a mixture of financial exchanges amongst nations. Investors in the forex stock market generally trade in massive bulk and huge amounts of money. Those deeply embedded in the forex exchange are generally involved in cash businesses or are in the market of buying and selling liquid assets.
The market is large, very large and it would not be wrong to consider the forex market as much larger than any given single stock market. Those trading on the forex exchange are making trades every single hour of every single day and most of the time on week-ends.
It may surprise you to see the massive amounts of folks that are involved in forex trading. In the year 2004, as much as two trillion dollars was the median forex exchange trading volume. This is a huge number for the number of daily amount of financial transactions that took place. You can imagine how much one trillion dollars might be and then times that by two, and this is the average that is traded on any given day on the forex exchange!
It is true that the forex exchange has been active for over thirty years, but now that computers are in the game and then the internet, the trading on the forex market continues to grow as more and more people and businesses alike begin to see how easy trading on the forex exchange can be. Forex only accounts for about ten percent of the total trading from country to country, but as its popularity grows so will its number of transactions.
Technorati Tags: No Tags
Related Tags: No Tags
Hungarian Korona 20 Gold Coin: An Illustrious Hungarian Gold Coin
   Subscribe To Our Feed
The Hungarian 20 Korona Gold Coin was first minted in 1892 and has quite an illustrious history. With a .900 fineness in actual gold content of .1960 Troy ounces, the coin was produced in 1848 to commemorate the crowning of Emperor Francis Joseph the First of Austria.
Emperor Franz Joseph the First reunited Hungry in Austria as an empire in 1867, but his history is riddled with unfortunate incidents and tragedies. Brother Maximilian was executed in 1867 by Mexican firing squad, his son Rudolf died in 1889 after committing suicide, and Karl Ludwig, his brother died in 1896. Italian anarchists assassinated his wife in 1898. His nephew, Franz Ferdinand is most well known for his assassination in Sarajevo in 1914, which for all intents and purposes, propelled the world into the Great War.
Hungarian gold coins were minted with the same denomination as Austrian coins and the Hungarian 20 korona, the most well known of Hungarian coins, offers a likeness of Emperor Francis Joseph facing right.
Hungarian gold coins offer high collector, investor value, the most sought after being minted between 1879 and 1908. The popular 1893 Hungarian 10 Korona and the 1908 Hungarian 100 Korona re-strike are favorites. With exquisitely detailed renditions of angels, crests, and renditions of Franz Joseph, Hungarian gold coins are available in various denominations, grades, and mintage.
Price ranges for Hungarian gold coins may range from $200 to nearly $1,000 depending on the year struck as well as availability, grade, and coin denominations. For collectors and investors looking for unique pieces that stand the test of time, Hungarian gold coins will remain popular favorites.
Technorati Tags: No Tags
Related Tags: No Tags
A Welcome to Commodities Markets
   Subscribe To Our Feed
Futures trading refer to the market in which an agreement is made to buy or sell a specific quantity of a specific product at a predetermined price in a set future date. The obligation to make or take the delivery on the settlement date as specified in the contract is imposed on a holder of a futures contract. Some futures contracts take cash settlements instead of a physical delivery of the product. Most contracts ending before the delivery date are concluded in this manner. The option to buy or sell an opposing contract before the date of settlement may also be included in a futures contract. If you really want to make money you should be checking out FX trading system.
futures trading were historically done with traditional commodities as the initial products. Grains, meat, and livestock were the agricultural commodities included. Later on, dairy products and seafood were also added. Markets that are beyond physical commodities such as energy commodities like oil, gasoline and natural gas have now been added as futures trading have expanded. Financial instruments are also being traded such as currency, equities, private interest rates, and government interest rates. You can also learn a lot by reading personal finance newsletter.
In the US, futures trading is organized according to these commodities. Corn, soybeans, wheat, and oats are traded on the Chicago Board of Trade. Gold, silver, and copper is being traded under the Commodity Exchange in New York. Other futures trading venues in New York are the New York Cotton Exchange, the New York Futures Exchange and the New York Mercantile Exchange. The Coffee, Sugar and Cocoa Exchange, the Minneapolis Grain Exchange, the Chicago Mercantile Exchange, and the International Monetary Market are other exchanges operating in the country. Another way of making money is you can check out how to buy gold coins.
Hedgers and speculators are the traditional groupings of futures trading participants. Hedgers are typically the producers or consumers of the commodities they trade. Participation in futures trading is primarily a measure to reduce the risk of loss in their products due to price fluctuations. For example, a preset price will offer the farmers protection in case of a bad harvest or a surplus of their crops. This protection will make it easier for them to plan their costs. The speculators are the other group of participants. Futures contracts are used so they can create profit from the price changes of the commodities. The profit they hope to gain will be determined by what they paid to buy a futures contract and what they will pay later on to offset it.
A regulated environment and strict rules govern futures trading. The Commodity Futures trading Commission (CFTC) is the agency firms and individuals participating in futures trading in the US must register with.This agency is tasked to ensure the integrity of the futures market in the United States by reviewing the terms and conditions of proposed futures contracts. Standard trading practices should be reflected in the contract terms and should not be prone to manipulation. The CFTC also conducts monitoring of the market, systems, internal controls, and compliance programs of the different exchanges. It also has the power to order an exchange to take action in case of a futures trading emergency.
Technorati Tags: No Tags
Related Tags: No Tags
Understanding the buying and selling foreign currency
   Subscribe To Our Feed
When you deal in the forex exchange, you’re working with stocks and money from other countries and the products of these countries. One country’s currency is set against the same in another foreign market to determine the universal value. The monetary value of that foreign currency is calculated in FX deals.
Most nations have management over the value of that nations value, with regards to monies. Individuals who are investing their currency into the forex markets include banking institutions, large business organisations, foreign governments and finance businesses.
What are the things that make the forex exchange so different from the US stock market? A trade on the forex market is one involving a minimum of two countries, and occurs all over the world. The two countries must be 1, that of the investor, and 2, the country the money is being invested in. The greater amount of transactions that occur in the forex market are going to take place through a broker, such as a bank.
What is involved in the forex markets? The foreign exchange market is combined from various types of transactions and countries. Those involved in the forex market are trading in large volumes with vast amounts of currency. Those who are involved in the forex market are likely to have companies who are cash businesses or are in the market of buying and selling liquid assets.
The US market is massive but it is correct to think of the forex exchange as a giant in comparison than the stock market in any one country overall. Those involved in the forex market are trading daily twenty-four hours a day and sometimes trading and most of the time on week-ends.
You may be shocked to know the number of people that are involved in forex trading. In 2004, as high as two trillion in money was the median forex exchange trading volume. This is a huge number in terms of the daily amount of financial transactions that took place. If you imagine how much a trillion dollars amounts to then double that, and this amount is the number of financial transactions every day on forex!
The forex market is not something new, as it has been used for over thirty years but with the introduction of computers, and the global web, the forex exchange is growing exponentially as growing numbers of investors become aware of the availability of this trading market. Forex only accounts for about ten percent of the total trades between countries but as the popularity in this market continues to grow so could that number.
Technorati Tags: No Tags
Related Tags: No Tags
Krugerrand History
   Subscribe To Our Feed
On July 3rd, 1967 the first One oz Krugerrand rolled through the presses in the South African Mint. This was not the beginning of the Gold Krugerrand, however- nor were the careful planning meetings of the Chamber of Mines of South Africa (who interestingly enough can trace its roots back to 1889) which lead to its creation.
The Gold Krugerrand history begins in the hills of Witwatersrand, South Africa. The “ridge of white waters” is a series of east/west running ridges that are over 60 miles in length. In 1884 gold was discovered, and the mining camp at Johannesburg has since grown into a thriving metropolis. At the time, Paul Kruger was president of the Transvaal. In his memoirs he noted that General Joubert correctly predicted the gold discovery will “cause our land to be soaked in blood.” The gold discovery led to a huge influx of foreigners looking to make their fortune in gold. Eventually the high number of foreigners and concern for their rights led to conflict. The conflict was multifaceted, with some underlying motivation for the British empire to control this valuable commodity.
The second Boer war started in 1899 with ultimatums from the British demanding equal rights for the uitlanders (foreigners), and Kruger’s response for the British to be out of Transvaal in 48 hours. After three bloody years, the war ended in 1902 and Transvaal was absorbed into the British empire- with some concessions to the Boers.
The next step on the golden road of Krugerrand history is the establishment of the Rand Refinery, which supplies the blanks for every Gold Krugerrand stamped. The Rand Refinery (est. 1920) was created by the Transvaal Chamber of Mines to refine all gold mined in South Africa; and immediately began to refine gold ore for one the worlds most prolific gold producing regions, Witwatersrand.
Now to assemble the essential elements of a 1 oz Krugerrand. First on the reverse side of the coin, we have a Springbok antelope, designed by Coert Steynberg. The antelope symbolizes South Africa. Next the Krugerrand honors the 5th President of the South African Republic, Paul Kruger with a picture on the obverse. Finally, the name itself is derived by adding Kruger’s name to the national currency- the Rand. And where did the Rand come from? Witwatersrand of course.
The Trading with the Enemy Act of 1917 coupled with the Executive Order 6102 signed by FDR effectively made it illegal for US citizens to own gold bullion at the time the Gold Krugerrand came into being (1967). The South African government wanted to be able to sell gold to US and world investors- so they did two very clever things. One, they made it legal tender, which allowed US investors to purchase it as a foreign coin. Second, rather than list a denomination on the coin- they listed the actual gold content in the coin. So a One Ounce Gold Krugerrand contains exactly that, one full ounce of gold bullion. Krugerrands are not pure gold, for every 11 parts gold there is one part copper to provide strength. This copper content makes them heavier than their one ounce label. South Africa still had another political hurdle to overcome before widespread trade in the Krugerrand could occur for US citizens- apartheid. Until political reform ended the practice in the mid nineties, the Krugerrand was illegal to import. In spite of this prohibition, and with free trade now, the Gold Krugerrand has become the most popular bullion coin in history, with 46 million ounces in circulation. The One oz Gold Krugerrand history is a tale of adventure, war, and progress.
Technorati Tags: No Tags
Related Tags: No Tags