The money manager who last year predicted banking
stocks would collapse expects
gold prices may more than double from
current levels. According to Bloomberg (2/3/09), the Chairman and
Founder of Sprott Asset Management Inc. believes "Gold may top $2,000 as the
recession deepens..." A second analyst told Bloomberg, "Passage of the
stimulus package in its current form would likely be inflationary and
bullish for gold while a Senate filibuster would be bearish."
Gold coin shortage as demand soars
By Javier Blas in New York
The rush by retail investors into bullion coins is creating shortages as
mints across the world struggle to meet the surge in demand, dealers and
mint officials say.The scarcity is lifting coin premiums to as much as 5
per cent above the spot gold price, a level reached briefly after the
collapse of Lehman Brothers last September, when coin shortages also
surfaced. “There is demand for double or triple what the US mint is able
to produce,” said Michael Kramer, president of MTB in New York, one of the
four US gold dealers authorised to purchase bullion coins directly from
the government’s mint.
Amidst dwindling
property prices, increasing unemployment and dip in equity trading, there
is a glittering line of hope as far as gold investments are concerned in
the Middle East nations. Gold investments across the Gulf countries are
set for a sharp rise this year. According to the World Gold Council (WGC),
several Middle
East nations including the City of Gold, Dubai, are going
to be action centers for gold investments. “We feel Middle East nations
are going to witness lots of investments in gold sectors. Several global
companies including gold mining processing and production companies are
looking at Middle East for major investments,” says Lama Al Saheb, head of
marketing WGC head of marketing in Middle East.
A Beginner's Guide To Precious
Metals
by Aryeh Katz
Since the dawn of time, gold and silver have been a recognized store of
value. And even today, precious metals have their place in a savvy
investor's portfolio. But which precious metal is best for investment
purposes? And why are they so volatile? If you're just getting started in
precious metals, read on to learn more about how they work and how you can
invest in them. There are many ways to buy into precious metals like gold,
silver and platinum and a host of good reasons why you should give in to
the treasure hunt.
There
are many advantages to
Forex trading
over other types of investments, while regular stock markets are open
during business hours, the
Forex
market is
open 24 hours a day.
Trading cycles run around the world as financial markets open, starting
in Australia then Tokyo, London and New York.
With most investments a large amount of
capital is needed. However, with
Forex,
you can begin trading for as little as $300 USD. With this amount anyone
can enter the market and begin trading a �mini account.
The
Forex
is a very liquid market. When trading
Forex
you have full control of your capital and it does not get tied up for long
periods as it can with many other types of investments.
Forex trading possesses unlimited earnings potential. With a daily
trading volume of over 1.5 trillion, The
Forex market is
the largest in the world.
Forex traderscan make a profit
during uptrends and downtrends and profit in either bullish or bearish
market conditions.
Since each market is one currency against another, when you buy one
you are selling another. This way it doesn�t matter whether the market is
moving up or down as long as you choose correctly.
With some knowledge of Forex you can accurately predict the outcomes.
Since currency prices generally repeat themselves in predictable cycles so
you can see what the trends are.
Technical Analysis can be used to help see these trends and profit
from them. Market transparency is another advantage in
Forex
trading.
You can manage risk and execute orders within seconds. It is highly
efficient and allows you to avoid unexpected surprises.
Forex trading
is not an easy path to riches. And some people have lost considerable
money in miscalculating the market. With its increased popularity, on
some days the
forex market exchange
can see more than one trillion dollars exchanged. Packages for teaching
a new
forex trader how to invest in the market can range in price.
The
way a trader on the
forex market exchange
goes about acquiring currency is by giving a bid/ask quote, saying he is
willing to buy, for example 1.6 marks per dollar and sell them at 1.625
per dollar. One must be a market trader to have access to this process.
So most people who are forex
trading
on line buy the
currency through a bank, where they�ll pay a commission, then have
to figure the commission paid to the bank into the calculation of their
spread, or profit margin, when they sell it.
The
forex
market finds traders from all around the globe monitoring currency
fluctuations, not unlike the way a day trader may monitor a stock�s
fluctuation on the
Dow Jones.
Forex trading
,
or foreign currency trading, has become a bit of a craze of late,
especially since it is something available to anyone who owns a
computer. And anyone who is willing to put in some training time can
profit from forex trading.
In
forex trading, a trader will pair two types of currency,
for example the U.S. dollar and the British pound. As it requires more
of one currency to purchase another, that currency loses value. Not
unlike, stock trading, forex traders try to
accumulate currency when it weakens in hopes of selling it when it goes
up in value.
Forex trading
is not unlike the buy low, sell high approach found in
stock trading.
.There
are two types of
forex accounts;
a
mini forex
account
and a
regular
forex
account.
Mini forex trading is an excellent way for small investors to learn about
and take part in forex trading and with the most forex brokers offering a
leverage of 100:1, mini forex trading will allow you to control a $10,000
currency position with a deposit of only $100. Mini forex trading is a
great way to get a feel for forex trading and learn the tricks and skills
needed to succeed without having to go to great expense. Why not try mini
forex
trading
now and see just how easy it is to profit with forex trading.
Forex trading
is the new way to make money through online currency trading.
With a worldwide market and over 60 currencies for you to trade there
has never been an easier way to make money online.
Forex currency trading is done is pairs and
these are known as crosses. These pairs are always against the US dollar
and the main crosses you will find when trading forex
are the USD/EUR and the USD/GDP. The
most popular crosses are known as majors and these can make
forex traders great profits. Currencies change on a regular
basis and are based on the how the world financial markets
see the value of the currencies. You can sell or buy these
currencies and forex brokers do not charge commission
fees.
Forex trading
until recently was reserved for banks and other large financial
industries but thanks to the power of the internet and
online currency trading, forex has now become feasible for
everyday people. The forex market has become the largest trading market
in the world and each day there is an estimated turnover of over $1.5
trillion dollars. Another added bonus is that
forex trading is available 24 hours a day, 5 days a week unlike most
other markets that operate on an 8 hour day. This means that people
wishing to trade forex can do so at any given time.
Our
Trading Platform - OperaPro2
Our
platform
gives you the same market access and trading tools as professional traders,
allowing you to trade in all market conditions. Open a Demo Account and see
how easy trading can be with CCC.
Get A FREE 30-Day Demo Account
Test your skills in the markets for free with USD100,000 demo
funds and full access to the real-time trading environment of the
City Credit Capital trading platform – OperaPro2.
Just complete our
request form and we will send you your login ID, unique
password then download a copy of our
trading platform.
Tutorials
Get an
overview of the CCC trading platform OperaPro2 with our
interactive tutorials:
BUY 1,000 oz of Gold @ $
650.00 per oz = $ 650,000
SELL
1,000 oz of Gold @ $1,000.00 per oz = $ 1,000,000
(100-1
leverage) $
350,000 profit
Incredible Opportunities are still present in
the Gold Market
Forex Gold offers
Immediate liquidity
Powerful leverage
No storage fees
Incredible profits
For every 100.00 move, make
$100,000.
Hardware
Operating System
Most computers can run our interface but we recommend that you
have at least a 750 Mhz Pentium III (or equivalent) processor with
an adequate amount of Ram (Min. 256Mb ram) and 5 MB of available
hard disk space.Win VistaS-X v10.3.
Internet Browser
Display
Windows and Mac-based systems:
Microsoft: Internet Explorer V5.0 or later
Firefox: V0.9 or later
Safari V1.3 or later
We recommend that you set your screen resolution to a minimum of
1024 x 768 pixels.
Why Trade Forex?
The foreign exchange market is the largest, most liquid
financial market in the world. For you as a trader, this means
that there are literally hundreds of opportunities for profit,
and loss, everyday.
Forex Product List
City
Credit Capital offers you fourteen currency pairs to trade along
with four currency futures, all tradable from our multi-product
platform – OperaPro2.
Forex Trading Strategies
Brush up on your trading strategies with CCC. Click on the link
below to learn more about the power of fundamental and technical
analysis to help you interpret the market.
Forex Examples
We have created a number of trading examples to show you how to
really get to grips with trading the foreign exchange market.
Just click on the link below to learn more.
Gold is Your Safe Haven in Times of
Economic Crisis
Investors flock to gold as a safe haven and a way to increase wealth.
Why Invest in Gold? Historically, gold has been a proven method
of preserving value when a national currency was losing value. If your
investments are valued in a depreciating currency, allocating a portion to
gold assets is similar to a financial insurance policy. In the past year,
the climb in the price of gold above $800 per ounce is due to many factors,
one being that the dollar is losing value.