GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Sunday, July 17, 2016

Forex -- Brexit Global Currency Disaster You Won't Hear on the News, by Jamie Buturff

I explain how the FOREX or currency markets operate and the tremendous amount of leverage used in this system. The .18 cent drop in the GBP/USD on Friday 6-26-2016 took place in only 7 hours where normally would take 2 years to unfold Due to the highly leveraged currency markets a 50:1 to 100:1 margin is common. So, for a $100,000 investment you saw a $900,000 loss in just 7 hours from 10PM to 5AM on Friday at the 50:1 leverage.

1 comment:

  1. eToro is the most recommended forex broker for newbie and established traders.


Related Posts Plugin for WordPress, Blogger...