Comments on: How does momentum and volatility work together in the currency markets? http://forextrading-tips.com/9/how-does-momentum-and-volatility-work-together-in-the-currency-markets Sat, 21 Nov 2009 17:57:55 -0500 http://wordpress.org/ hourly 1 By: iraqisax http://forextrading-tips.com/9/how-does-momentum-and-volatility-work-together-in-the-currency-markets/comment-page-1#comment-20 iraqisax Sat, 22 Aug 2009 20:06:41 +0000 http://forextrading-tips.com/9/how-does-momentum-and-volatility-work-together-in-the-currency-markets#comment-20 All the currencies used today by every country are in fact worthless. None of them have any backing. Their perceived value lies in their relative scarcity in comparison to other currency. Real money has real value. A hundred years ago, virtually all countries were using gold, or silver, or both for money. There were no exchange rates. An ounce of gold in London was equal to an ounce of gold in Berlin, or Rome. Politicians ticked people into accepting unbacked paper currency, which enabled them to steal the people's wealth through inflation. The rest is history. All the currencies used today by every country are in fact worthless. None of them have any backing. Their perceived value lies in their relative scarcity in comparison to other currency.

Real money has real value. A hundred years ago, virtually all countries were using gold, or silver, or both for money. There were no exchange rates. An ounce of gold in London was equal to an ounce of gold in Berlin, or Rome. Politicians ticked people into accepting unbacked paper currency, which enabled them to steal the people’s wealth through inflation. The rest is history.

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