Currency Wars | Special Guest From Traddr.com Episode 7

Currency Wars - The Modern Day Invasion

Currency wars are the modern day invasion into the leveraging and de leveraging of a country's value. There is a war going on that the average person does not realize, these wars are called currency wars. This is when a country aims to achieve lower exchange rates for their own country. These wars go on under the eyes of the modern individual. This is the most modern warfare, there are currency wars going on now. A global game of chess, the winner is able to lower export revenues of competing nations and they are able to prop up their own currency.

As currency wars go on unfortunately this global game of tug of war often comes at the expense of the citizens of the countries involved. As the value and devalue of currencies take place the sea saw of prices and costs of goods for the countries can be drastically effected. There is really no way for the average citizen to prevent a currency wars from taking place. They are just a pawn on the ultimate chess board. Is your country a part of the latest currency wars?

There are many currency wars taking place currently and many that have passed. There are numerous weapons that take part in the currency wars today which is the devaluing of a competitive countries currency. We have seen currency wars take place dating all the way back to the depression and are taking place as we speak. Some of the addition weapons that are utilized in these currency wars are physical metals both Gold, and Silver.

There are many economists that favor the idea of a gold back currency. This would prevent countries from partaking in currency wars. Most economists will agree that currency wars could very well be one of the most feared attached these days and it is done under the cover of darkness backed by an invisible army.

When a currency war takes place who typically loses? I suppose it depends on the side of the fence that you are on but we think the big losers are the physical metals. As part of the currency wars the prices of physical metals will be pushed and often times it not favor of the physical metal investor. The less valuable gold and silver is the more valuable currency is. Hence the reason behind its value.

As dollars get printed at the speed of light and large countries fail and have the potential to get pushed out of their own currency's it is imperative that there is a light shined on this aspect of modern warfare. In the U.S. we see the Federal Reserve printing money at an alarming rate and taking risky bets to help stable our current position. The problem is that it becomes very difficult to maintain a value to something that is being so overly mass produced, like the U.S. Dollar.

Where these currency wars will take the future of the global economy it is tough to say. It is important to follow up on and learn about currency wars and you will get an understanding of the modern game of international tug of war that is taking place.

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Special Guest:

Thomas Allen

Vice President

To visit Traddr go here: click

To visit Premiere Trader go here: click

Traddr is a social networking community for traders from all aspects of the stock market. I was a pleasure having Thomas Allen the Vice President of Traddr on our show. The website was started in early 2009 and was designed as a place for all traders to gather and pass research and due diligence. Once you are on the Traddr.com website you will find people posting, video charts, technical analysis, and various groups.

If you are a swing trader you could easily find a swing trading group that you can stay up to date with and be a part of. As part of the Traddr tradition if a poster puts together an in depth piece of research like a report or a video Traddr will take the material and "sponsor it" by sending it out to the complete list of Traddr members. As part of the setup with an account on the website you will be given your own page. This is a place on the website for you to be able to maintain a personal following for your research or investment ideas.

On Traddr you will find investors from all segments of the market and skill sets. If you find an investor that has a strategy that you like, you can actually subscribe to that members rss. This means that all of that investors activity will be streamed to you so you can ensure that you are receiving every one of their updates. There are multiple places on the site that you can set up an rss feed and link yourself directly to many additional avenues of social networking.

As an addition Thomas Allen has a stock chat room that was built in 1999, it is a MIRC based chat room that caters to big board day traders and is called Premiere Trader. This is an intense chat room and probably one of the best that I have seen. This room is filled with very experienced traders that are day trading with large scale trading accounts on the fly. If you are a big board trader this is a must visit chat room and community. It is free and always will be, this is a great group of experienced traders and a profitable network and community.

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