Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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From: Ahda	5/26/2016 2:12:57 PM
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en.wikipedia.org Most countries in the world attempt to aid and protect their economies by means of attempting to control their currencies. Increase the exchange value of your currency you increase the buying power of your currency in any nations whose currency has a lower exchange value to yours. In supposition if your dollar is worth 2,00 in Mars you can buy twice as much labor there for than you can here. gold once acted as a currency as the price of the metal is the price you pay anywhere in the world as currency exchange rate is built in to the price you pay for gold. Gold now paper trade moves on it's own in supposition I could buy ten tons of the stuff and never have it delivered. I do not want it delivered as where in blazes would I put it? Sovereign_wealth_funds do not want it delivered either they do not know where to store it. It is much more efficient to sell your own currency to drop it's exchange rate or buy it to increase its exchange rate or hedge it. You drop the value of your currency you decrease the price of your goods to other currencies who have a higher value than yours they can buy more. Gold there of should be viewed on a base of supply and demand,

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