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Intraday Trading : Metal Commodity

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One of the more unfortunate developments in human civilization over the last century is the devolution of money.
In fact, the word ‘money’ has now become synonymous with those funny pieces of paper that are conjured out of thin air by unelected central bankers.
Or even more ridiculous, ‘money’ has become the electronic representation of that paper.
Think about your bank account balance; it’s not like the bank has all that paper currency sitting in its vault.
The ‘money’ in your account doesn’t even really exist. There’s just enough of a thin layer of confidence in the system (at the moment) that this is a widely accepted practice.
It seems rather strange when you think about it. Though for thousands of years, early civilizations had some pretty wild ideas about money.
There are examples from history of our ancestors using everything from animals skins, to salt, to giant stones, as their form of ‘money’.
Though I suppose these weren’t any more ridiculous than our version of money– pieces of paper that don’t even really exist, controlled by unelected central bankers.
Of course, over the last 5,000 years, there was at least one form of money that did make sense. And it stuck. I’m talking, of course, about trading.
Gold is inert and non-reactive. It’s stable. It holds its form over the long-term. It’s malleable and easily divisible. And it’s rare. But not too rare.
Judging by its chemical properties, it’s no accident that gold became the most widely-used currency in history.
Of course, defenders of the paper money concept call gold a “barbarous relic”, suggesting that it has no place in modern civilization.
If you hold a long-term viewFind Article, and believe that the path to prosperity is not paved in debt and money printing it makes sense to consider holding at least a small portion of your savings in the metal.Make sure that you perceive the risks concerned in mercantilism. they will not be appropriate for everybody and you will lose over your initial deposit. they need the potential for larger profits through leverage however conjointly massive losses if the worth moves against you.

Our (Market Trend Research ADVISORY) goal is simple: To help you achieve personal liberty and financial prosperity no matter what happens.

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ABOUT THE AUTHOR


I am Akhilesh Chauhan a relationship manager and management team member : MARKET TREND RESEARCH ADVISORY COMPANY.



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