A Tale of Gold over the Centuries, Across the Cultures

Posted by Deb | Guest Post | Sunday 10 September 2017 6:40 pm

For centuries, gold has been a symbol of power, prosperity, and wealth. Since the day it was first discovered, people have held gold to be of remarkable significance. It has fascinated the humankind with its lustre – made people grow in wealth and power, and even brought them down with destruction.

No matter what page of history we turn back to, the importance of gold has been prominent across cultures. It may have varied from religious and ethnic aspects, but it has always been deemed valuable.

Don’t believe us? Read along to find out more!


Invasions & Discoveries

Unlike the modern era, where we can simply buy gold from Goldstackers and the likes of them, the early civilizations had to dig their own gold. It was the gold that led Christopher Columbus to the discovery of America. He wanted to capture the source of gold in China and was looking for a route that led him there – he ended up finding America instead.

It was once again gold that led the Spanish conquerors into looting and plundering the Aztec and Incan civilizations. It is said these civilizations were involved in gold mining and had huge stashes of gold.

Religion & Gold

Christians consider gold to be a sacred metal. The rings that join two people in holy matrimony are made of gold. Their ceremonial chalices and cups are usually crafted out of this precious metal. Christians believe that only gold is a metal pure enough to be used for holding the wine that represents Christ’s blood. It is said that the Book of Mormon in its original form was scribed on tablets of gold.


Moving on to the ancient Egyptians, gold was an extremely prized possession. The Egyptian Queens and Pharaohs owned large stores of gold. It was considered to be the Sun God’s flesh – obviously, because of its colour. The Egyptians believed gold to be a representation of eternal life. This is why, when a person of religious or social significance died, their caskets were made of or inlaid with solid gold.

Central America

The ancient tribes in Central America thought gold to be precious enough to be presented to their gods. They threw the gold into sacred lakes or rivers as their humble offerings.

indian gold jewellery


Gold is probably the most commonly used precious metal across Asia. From the relics of the Buddhist civilization that once lived in Afghanistan to the extensive use of gold in making jewellery and other valuable crafts in China, Korea, and the Indian subcontinent – gold craft is something embedded in the collective Asian culture.


Over the years a number of African cultures have used gold on a wide scale to craft a myriad of objects. Most of these objects were created for the beautification of the tribal heads and chiefs. Many African countries still have dedicated gold workshops to exclusively produce gold artefacts that are vastly used in the continent for ceremonial purposes. Gold also happens to be one of the major exports of countries like Sudan, Bantu, and Ethiopia.

Think you’ve got an interesting tale of gold to narrate in connection with different cultures? Let us know about it.


Foreign Currencies and Participant Rewards – The Simple Solution

Posted by Deb | Forex,Guest Post | Monday 21 August 2017 2:20 pm

Contests and campaigns as a media and marketing tactic are quite common on a global scale. Corporations from around the world rely on marketing campaigns which host international giveaways for the winners and participants in order to promote their brand, products and services.

Now while this may seem like a profitable marketing tactic to most, especially because this approach promises greater consumer reach and audience interaction, it can pose as a problem when it comes to rewarding the participants with their winnings.

How does a corporation figure out and effectively hand out the prizes or contest winnings to all the hopefuls that partook within the competition without seriously struggling through foreign currency rates and conversion hassles?

Think about it. If a United Kingdom based corporation hosted an international event where people from far off places such as Uganda or Kenya, India, or Afghanistan participated in and even won, how does the corporation justly hand over the winnings without stumbling upon the way, getting lost in proper currency worth, weightage and conversion calculations?
It’s easy.

Companies worldwide utilize different cloud-based reward management systems which allow customers to present various opportunities for corporations regardless of their location in the world. Businesses such as the Carlton Group in Toronto with their Global Rewards platform present remote opportunities for corporations to adequately reward their personnel and clientele in a variety of ways no matter where their services are located, or based.

The Foreign Currency Management

For international users of the Global Rewards Solutions, the company presents specific international programs tailored to cater to the needs of the clients based in far off locations. The build in system at the GRS automatically handles all the currency conversions and reward allocations based on the currency rates per country based on the closing of the day prior to the transaction.

All the services provided such as the payments, escrow balances, participant rewards regardless of whether they are Media based, Event tickets or experiences, gift cards, merchandise, vacation or travel opportunities, or even cellular service top-up rewards, all are properly calculated based on all the economic indicators for foreign currency exchange rates. They are then adjusted for the currency inflation, or deflation per currency rates and then presented to the clients.

The complete transparency through the quantifiable reports available through the Global Reward Solutions ensures that any international client is fully protected against any and all risks associated with investing within an international market.

The currency risk of investing in a foreign currency and having it balanced at your local currency exchange rate, liquidity risk or even the transaction costs which have the potential of fluctuating greatly are all well taken care of by the Global Rewards Solutions foreign currency management programs.


Why Do Most Forex Traders Fail?

Posted by Deb | Forex,Guest Post | Wednesday 1 March 2017 6:51 pm

Here’s the truth – most forex traders lose money trading forex. And, if you have tried it on your own you have probably lost money too. I don’t know what happened in your situation that caused you to lose money but I do know, in general, what causes most people to lose money with forex.

There are three factors that I find with failing forex traders and I want you to do a “self analysis” to see if this is happening to you too:

1. Greed – this is a tough one because none of us want to admit to being greedy. However, MOST of us are to some degree! If you find yourself making money with forex but always wanting to “make more” only to find yourself eventually losing money then you are struggling with greed!

2. Unrealistic Expectations – Most people like forex because of the volatility and quick movements throughout the day. For some, this is no different than the thrill of gambling in a casino. If you are expecting to turn $1,000 into $10,000 in 30 days or less then you have VERY unrealistic expectations.

Your goal should be to steadily make positive gains day after day and let your account grow through compound interest. Give yourself a LONGER timeline to become successful and the pressure will drop and your chances of success will increase!

3. Poor Money Management – Put simply, this means trading too large of a position for your account size. If you are risking more than 1% of your account on any one trade you are trading too large. I personally trade MUCH less than 1% per trade because it helps to lessen my risk even further. I recommend you do the same!

And while we are on the subject …

Is Forex Trading Gambling????


Many people who don’t understand forex immediately label it as “gambling” and guess what, most of them are right! And the reason they are correct is because traders violate the rules that professional gamblers follow EVERY DAY without fail.

What are those rules? Here are just some of the pro tips I’ve learned over the years.

1. Never trade based on emotion – If you “feel” like a trade is going to go in a certain direction based on feelings alone then WALK AWAY. Leave emotion at the door! Pro traders place a trade for one reason only – they see an event unfold and they know with a high level o certainty that an outcome will repeat after that event (most of the time). They are playing an edge based on TESTING.

2. Never trade outside of your plan – This means you should trade the HOURS, the FOREX PAIRS and the TIME FRAMES you have decided that are best for your trading style. When you trade outside of that bad things happen. Don’t do it!

3. Walk away from your computer – Forex is not a “game” that rewards you for long hours. In fact, it usually works just the opposite. I guarantee that the more time you spend on your computer the more trade setups you will magically “see” and take. Taking MORE trades in forex will not reward you. Take just enough to make your profits and then WALK AWAY!!!!

Now it’s your turn. Look in the mirror and decide if you want to trade forex for a living or let fear hold you back! Then, make a decision to take a first step to a life of freedom!

Get more free tips instantly at: www.ForexAlerts.guru/free



Posted by Deb | Forex,Guest Post | Sunday 22 January 2017 10:02 pm

Following please find a fewa factors which affect the fluctuation of foreign exchange rates. People who engage in money transfer internationally should stay updated on these factors and be able to decide the best times when they can carry out their money transfer. One can avoid losses in the currency exchange rates by opting for the flat exchange rates service that maintains a flat rate despite the market fluctuations.

Inflation Rates
Market inflation causes change in currency rates. The value of currency appreciates when a country is experiencing low inflation rates. When the inflation rate is low, good and services price will increase at a low rate. When a country is experiencing high inflation rates, the currency value depreciates and this leads to very high interest rates.

5857220614_2dab24d89a_bInterest Rates
Varying interest rates affect the value of a currency and also affects the rate of dollar exchange. When a country has high interest rates, its currency value appreciates because lenders make more profit, this results to increased foreign capital and high exchange rates.

Country’s Current Account/ Balance of Payments
When a country has loss on its current account because of earning less money from its exports and spending more on imports, this leads to depreciation. Balance of payments can lead to unstable domestic currency rates.

Government Debts
When a country has a lot of debts, it cannot acquire foreign capital which makes it experience inflation. Foreigners do research and if they foresee a debt in a certain country, they sell all their bonds in an open market not escape the consequences they might face in future. As a result, the exchange rate value of this country goes down.

Terms of Trade
Terms of trade are the ratio of price between imports and exports. A country has better terms of trade of the prices of exports are greater than prices of imports. This country will experience a high revenue, high currency demand and increased currency value.

Political stability and performance
Political and economic stability of a country determines the strength of its currency. Foreign investors are always attracted to countries that are stable both economically and politically. Countries that experience political and economic turmoil often miss a lot of investment from foreign investors. High inflow of foreign capital causes a country’s currency value to appreciate while countries facing political and economic crisis experience low currency value.

When countries experience recession, their interest rates fall drastically making it impossible to attract foreign investors. The currency values of such countries become weak leading to low exchange rates.

Foreign investor will invest more in Countries that have a possibility of experiencing high currency values in future to plough back more profits. This leads to a high demand on that currency and the currency value rises up.

Georgina This guest article has been submitted by Georgina Cumber, a freelance finance blogger specializing in the foreign exchange and bad credit industry.


How to Determine Exchange Rates

Posted by Deb | Forex,Guest Post | Thursday 29 December 2016 12:14 am

Exchange rates are never constant in the global market. They keep changing from time to time. In fact they are constantly changing every minute as viewed in the stock market graphs. The stock brokers and the foreign exchange experts always keep their eyes on the constant changes on the graphs on how the markets keep behaving. This allows them to know when to make purchases and sales of the money in order to change from one foreign currency to the other. The factors that affect the behavior of currencies in the international market mainly are the supply and demand at any given time. The factors that determine the supply and demand can be political stability in a country, the economic stability in a country and the security that exists within the borders of a particular country.

Exchange Money Euros Finance Currency Paper NotesThe interest rates depend on the factors mentioned above which influence the economic calculations which in turn affect the stability of the currency in the international market. The foreign exchange experts should be knowledgeable to know when to buy or not to buy a particular currency as a result of the conditions that exist within the country. The currency exchange services should include experts who have the capability of predicting the behavior of currencies in the international market as a result of the existing conditions within a country.

The first step in getting the best foreign exchange rates is to maximizing on the profits during the process of changing from one currency to the other is to seek the services of an expert in the international trade. This is a prudent idea for international business men who will keep dealing in large amounts of money from time to time. One cannot know when to get the best rates from the market apart from the stock brokers and the international financial advisors.

Another way is to compare the prices from various conversion agents within the same time duration. This is because comparing prices within a large time frame may not help because the prices keep fluctuating upwards or downwards all the time. The process of comparing the conversion rates should be done within the shortest time frame possible. If one takes a longer time they might think that they have got the rates at their lowest yet the prices may have changed immediately they saw them during the long time they took to make the survey. In currency exchange, it is better to do the comparison online or in shops that are very close together where one does not waste any time from one currency converter to the next. That is why the financial expert will do it better than the unskilled citizen who does not know where to start from.

Georgina This guest article has been submitted by Georgina Cumber, a freelance finance blogger specializing in the foreign exchange and bad credit industry.


Hillary Clinton’s Speech Today

Posted by Deb | Politics | Wednesday 9 November 2016 11:07 pm

Watch Hillary Clinton’s speech today, after Donald Trump has been elected:


How to Capitalize on Growing Silver Prices

Posted by Deb | Day Trading Journey,Guest Post,Investments | Tuesday 23 August 2016 11:59 pm

SilverInvesting in silver is like any other investment. There are always risks, but there is also that potential to earn money. There is no real secret to succeeding in this kind of business venture. However, it pays to be informed and learn the correct investing practices that can help the investment succeed.
Silver or Gold?

Silver is known as the poor man’s gold. Like gold it is a high risk investment, but the investor stands to gain a lot if the silver is invested wisely. Much like gold, silver prices are steadily on the rise. But unlike gold, silver is easier to attain since it is not as expensive. So an investor with limited resources can make use of this commodity to make his investment balanced and safer at a lesser cost.

Higher Potential Rewards

In a market where share prices are rising or are expected to rise, there is a higher increase of value in silver compared to gold. This may be because of factors like supply and demand and volume of the commodity being traded. So a good thing to note is when the market is bullish or rising, then it would be a good idea to put money on silver rather than gold.

The Demand for Silver

Silver is a metal that has many medical and industrial applications and people are finding new uses for this precious metal every day. It is used in computers, laptops, cell phones and other devices. Not only that, it is used in the medical field because of its anti-microbial properties. This is silver that is not returned to the stockpiles. This will eventually increase the demand for this metal and will lead to higher prices as the demand gradually increases.
Silver as a Commodity

Like its more expensive counterpart, silver is a fixed value commodity. The price generally remains the same except in certain circumstances where there is a possibility for the value to increase. This makes it a lesser risk when trading, especially in places where there is political unrest. Silver, like gold can be used as a currency without fear of losing its value in such a delicate situation. The value of silver will remain the same.

Silver CoinsKnow when to buy and sell

Like all items in the stock market, silver prices can and will fluctuate. The secret is buying when the price is low and sell when the price is high. One has to consider that there are certain fees to pay when dealing with silver so it would be a good idea to find out when the price is at its lowest and when it is at a high enough prices for the investor to earn a profit after the fees.

Trading silver is not an easy task. The market is also unpredictable, so it will be hard to guess when to jump in and when to get out. Silver may be a better investment than gold, but investing

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