hitman1978
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About hitman1978
- Birthday 03/05/1978
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Texas
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Professional Forex trader and tax lien/realestate investor. I enjoy fishing, scuba diving, music production, traveling and helping others..... here for the same reason you are. A Huge reward with limited downside risk :)
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Hello, I have 800,000 dinar for sale. I need to get rid of them soon, hence the reason Im selling for a good price. I bought all my dinar at 1st national bank in Wichita Falls Texas back in 2011. I have all receipts which can be forwarded to you with the dinar. I have (29) 25000 notes (2) 10,000 notes and (11) 5000 notes for a total of 800,000. These notes are circulated, but in good condition. no dirty or ripped notes. A few of the notes have Arabic written on them in pencil. Currently, I live in the rio grande valley. I've sold dinar here before to a fellow member, I think we did pay pal, so I can except pay pal if you are interested. Please email for more info, Thanks guys kyleleinart1978@gmail.com
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http://www.independent.co.uk/news/business/news/g20-summit-to-focus-on-currency-war-threat-to-economy-8497633.html?origin=internalSearch Japan's aggressive attempts to spur on its struggling economy were set to escape censure from the G20 nations today as bickering in Moscow kept alive fears of a "currency war". Finance ministers at the G20 gathering are understood to have pulled back from explicit criticism of Japan, whose prime minister Shinzo Abe has embarked on a huge programme of monetary and fiscal stimulus to jump start the world's third largest economy out of its third recession in five years. The currency market was thrown into turmoil this week after the G7 – the United States, Japan, Germany, Britain, France, Canada and Italy – issued a joint statement warning against using domestic policy to target currencies. But the show of unity was immediately shattered by off-the-record briefings against Japan, which needs a weaker yen to help fuel its export-driven economy. European Central Bank president Mario Draghi yesterday labelled the behind-the-scenes briefing as "inappropriate, fruitless and self-defeating". IMF chief Christine Lagarde and Russia's deputy finance minister Sergei Storchak also denied the ex- istence of currency wars, labelling recent swings in the yen as "market reaction to exclusively internal decision making". G20 officials are set to disregard key parts of the G7 currency statement while making no direct mention of new debt-cutting targets – something Germany is pressing for but which the United States is opposed to. If adopted by G20 finance ministers today, the wording will confirm that Japan will escape any censure for expansionary policies which have driven the yen lower. The G20 is set to back away from the G7's commitment not to target exchange rates, as China would be unlikely to sign up. BNY Mellon currency strategist Neil Mellor said: "We're going to end up with a communique so bland and watered down as to be virtually meaningless." The quantitative easing pursued by central banks around the world – including the Bank of England and the US Federal Reserve – has enraged emerging economies such as Brazil as the value of their foreign reserves dwindles, raising fears over "competitive devaluations". CMC Markets analyst Michael Hewson said: "What the G7 basically said this week is that it is fine to manipulate your currency as long as you don't talk about it. These 'currency wars' are more like phony wars. The bigger problem the G20 has is not currency wars, it is a lack of growth." The yen has fallen by about 20 per cent since November but the strengthening euro is also concerning European politicians as the eurozone seeks to climb out of a malaise underlined by a worse-than-expected 0.6 per cent slide in GDP in the final quarter of last year. French President François Hollande called last week for a medium-term target for the euro, but Bundesbank president Jens Weidmann came out against such a move today, expressing fears of "a politicisation of the exchange rate". The meeting in Moscow of finance officials from the G20 nations also looked set to lay bare differences over the balance between growth and austerity policies. The draft communique reflected a row brewing between Europe and the United States over extending a promise to reduce budget deficits beyond 2016. A pact struck in Toronto in 2010 will expire this year if leaders fail to agree to extend it at a G20 summit of leaders in St Petersburg in September.
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Venezuela just devauled their currency
hitman1978 replied to hitman1978's topic in Foreign Currencies
If this pans out like we hope, I will become a private hardmoney lender. All of my loans will be backed by realestate .my rate of return will be 15%/ yr and if they default, I own a property for 60 cents on the dollar. Thats one of my strategies. -
Venezuela just devauled their currency
hitman1978 replied to hitman1978's topic in Foreign Currencies
Couldnt agree withe you more. the dollar has been slowly losing its value over the past few decades. I remember gas was .96 cents in 2000, now its 3.39 in austin. The amount of dollars feds are printing and the hyperinflation that is destined to follow equals disaster for the usd.. This sucker rally by the indexes will not last long. Hard assets is where my money has gone for the past decade. I refuse to invest in paper. (unless its idq) and my forex trading account.. Brace yourselves, this is a vert real reality we could be facing. -
Venezuela just devauled their currency
hitman1978 replied to hitman1978's topic in Foreign Currencies
On wed, venezuela will drop rhe price of the bolivar 41% vs the dollar. Thats a hell of a drop! -
http://bigstory.ap.org/article/venezuela-announces-currency-devaluation
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One of the most logical posts ive read.
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Wife in the know is getting on my nerves. Gimme a break
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Breaking Down Yesterday's Gold Plunge
hitman1978 replied to WallyWeaver's topic in Gold & Precious Metals
Helicopter ben is a gold traders best friend! -
Breaking Down Yesterday's Gold Plunge
hitman1978 replied to WallyWeaver's topic in Gold & Precious Metals
Good luck, trade safe, make some money! -
Breaking Down Yesterday's Gold Plunge
hitman1978 replied to WallyWeaver's topic in Gold & Precious Metals
1625 looks to be a strong support, stronger than 1650, if it breaks 1650, it will hit 1625, if 1625 doesnt hold, then watch out. Just my 2 cents -
Breaking Down Yesterday's Gold Plunge
hitman1978 replied to WallyWeaver's topic in Gold & Precious Metals
Trading around the elections is risky business. Technical analysis is not usefull around election times, thin trading, or major news releases. Ive been a technical trader in the forex markets for 7 years, so my experience is with the major pairs, not so much gold. I do own physical silver however. The markets are tough these past 4 years. I think waiting for a good pullback in gold is the right thing to do. It could find support at 1650, & it could drop to physcological 1600. I would let the dust settle after the election and reasses two weeks after. big boys are unloading longs, so watch carefully until there is a clear signal to long. If your already in a position at 1700, you may feel some pain, but the trend is uo, and the fundmentals show gold being higher. Hang in there, and know when to cut losses. better to lose 30% of an account then get a margin call! Id recommend holding physical gold and silver, but you trading can be profitable if you know what your doing. Good luck