Friday, March 20, 2009
Now Trade Gold at FOREX.com
was a marketing email in my inbox today. I won't be playing, but remember that gold is a currency, gold is money, and gold is sounder than every fiat paper currency on the planet. For those who don't know Forex, it stands for "foreign exchange," as in an exchange to trade currencies. Forex.com simply provides a platform to speculate on currency movements. It seems that large institutions such as banks and Wall Street recognize gold as a currency much better than the general public does.
Cash (i.e. currency) is king during a bear market, no? You just have to pick the right form of cash...
On an entirely different note, two articles I wrote have just been published at other gold sites - my first foray into such a thing. Have a look if you're so inclined: