you have probably seen the numerous forex get rich schemes online that promise unheard of returns on investment. 99.9% percent of the time it turns out be false,in best case scenarios people neither gain nor lose nothing,while some get wiped out completely.due to the fast that a currency relates to a countries economic condition, trading forex is quite difficult if you don't know what you're dong.
successful investors follow multiple countries and their economic news before investing in forex.

on the other hand trading gold is quite simpler.the price of gold is pegged to the US dollar.usually meaning,if the dollar is strong, price of gold decreases,but if the dollar is weak,gold will rise in value.another factor in determining golf prices is demand.the more demand for anything will lead to an increase in the price of that product,while a drop in demand will lead to lower prices.

any way you look at it, trading gold makes sense.long term gold is a great play.the us government is borrowing trillions of dollars to finance its debt,while increasing money supply immensely leading to inflationary concerns,when inflation goes up,gold skyrockets.
also demand for gold is projected to increase from developing countries like china,brazil,and india leading experts to believe that the only way gold is going in up,

short term gold is very volatile ,making it possible to earn big money quick,but also experience big busts.gold can rise and fall from a few cents to 50 dollars in a single day.ha's why professional investors use software to analyze the underlying fundamentals and give out predictions.

one such program is gold trade pro.gold trade pro gives out just a few recommendations per day with a 63 percent success rate.the gold trade pro is quite simple to use ,with a nice clean interface,the program gives out audible alerts when to buy or sell .the creator of the software is a successful futures trader,who used his experience in the market to make the program.

forex trading refers to foreign exchange trading.it operates around the idea that currencies fluctuate.buying a currency when it's down and always selling it's high will www you make great profits on the trade.the trade is made possible by the fact that most of the world's major currencies are traded on the markets.forex for beginners usually fail because the beginners of not have any prior knowledge on how to go about the business.

there are internet websites that are designed to help beginners make profits in forex trading .before embarking on this plan,it is important that you choose a reputable site that will offer you high quality services.some online sites require that you make some cash deposit so as to get started. you should ensure that the site you choose offers some training programs that will prepare you on the trade. these programs usually use real time market to help you know  whether you are making any progress and help you improve on your skills before embarking on the real trade.

forex trading is effective even for those who are under formal employment and are after currency trading so as to increase their income .technology has improved and now people can make money using forex trading at the comfort of their own homes.the internet offers training program that will see the beginners turn into business gurus.this is unlike the past where the business was conducted by making orders to brokers through telephone.

investing in gold can be highly lucrative when the sums involved are great and when the goal is financial security in times of economic hardship.yet gold investments,as an alternative means of investing,are not for everyone.they require greater care than conventional investments as well as a deep knowledge of the market.

1-invest in gold when you're apprehensive about the future

just before an anticipated rising inflation kicks in is one of the best times for investing in gold.whenever the financial security of your assets in the near future is doubtful,consider making a gold investment.but otherwise,especially when we're talking about a micro investment,other assets may be the better choice.

2-trading strategies are risky when abused

this is not too say that trading strategies in general should be avoided ,but rather that they should be used with care,the gold market is not as easy to outdo compared to other investment markets,and those who do much trading in relatively short intervals tend to be most at risk.

3-gold mining company equities are sometimes safer

they also tend to be a bit more expensive than other types of gold investments. yet, like usual,they must be chosen with care,and preferably be bought in large quantities.it's worth remembering that not even such equities are perfectly safe gold investments..

4-keep away from unconventional investment opportunities

the plain truth is that most of the companies offering unconventional great-returns-guaranteed opportunities for investing in gold are insecure ventures at best,frauds at worst.gold investments remain one of the most conventional types of investments,and there's no new radical strategy that ensures great revenues,there are really few to none new tricks that work.

benefits of investing in gold

investing in gold and gold trading is very lucrative for those who trade according to certain strategy,trade in gold,according to the strategy makes the investor wins more money in a short time, like trading in the forex and trade in oil and trade in metals and the stock market and the foreign exchange market.

following are the major benefits of investing in gold :
1-gold funds
of the most prominent and the most important gold mutual funds:securities investment funds gold bullion securities in london,street tracks gold shares in new york.

and obliges investment funds investors pay an estimated 0.5% annual administration fee.

2-futures and options
this is another type of investing in gold,which contains a lot of risks compared to investing in physical gold,specialized investment companies that operate in the field of mining,although it is the kind that bring big profits to investors as opposed to investment in other species.

the price of gold has dropped by 0.1% where it has fallen from above $1355.15 an ounce to become of $1349.15 ,and thus gold becomes has recorded the highest price since the twelfth of july,and in light of the decline in the price of gold also find a decrease in the dollar due to the growth slow in the US economy,and this decline is the decline more than experts had predicted.