Gold and the Yen have historically provided a safe haven for investors in times of uncertainty.
Limassol, Cyprus (PRWEB) April 30, 2013
When economic and political uncertainties abound across the globe, the traditional safe havens for investors have included the Japanese Yen (JPY) and precious metals such as gold. 24Option.com, a leading binary options broker, is now offering their traders a way to profit off investor flight to such safe haven assets by providing options on the gold markets and a variety of JPY crosses. With world news often driving investors into safe havens, at least temporarily, the company felt it was necessary to give their traders access to profit from these flights to quality.
Any trader who feels they could benefit from access to binary options trading in the JPY crosses and gold can quickly and easily register for an account at https://www.24option.com/24option/#OpenAccount. This short form will allow traders to register and be trading in just minutes. And because of the speed at which these markets can move, time truly is money.
“Gold and the Yen have historically provided a safe haven for investors in times of uncertainty. We wanted to provide our clients with an easy and simple way to profit from economic turmoil, so we created options that trade these safe haven assets,” said Matthew Williamson, a spokesperson for 24Option.
Because the Yen trades against individual currencies separately, 24Option has established options trading each of the following Yen crosses:
- Euro/Yen (EUR/JPY)
- Pound/Yen (GBP/JPY)
- U.S. Dollar/Yen (USD/JPY)
And in addition to trading gold options, traders can also trade other precious metals such as silver and platinum if they choose.
Anytime there is turmoil in the large economies of the world, a debt crisis in the EU, natural or manmade disasters, or an economic meltdown, the Yen and gold are the recipients of large “amounts of capital as investors view them both as a safe place to park their money until the troubles resolve themselves. The ironic part is that this actually causes more volatility in these assets and equates to added risk. Binary options allow traders to extract profits from volatile and risky markets.
In addition to taking advantage of the added volatility that occurs during times of turmoil, these Yen and gold options allow our clients to profit from the certain movements in the underlying markets when there are perceived economic or geopolitical risks,” said Mr. Williamson.
While profiting off the turmoil around the world may seem greedy or callous, the fact is that traders trade to make money. The gold and Yen options from 24Option provide them with a method to capitalize on events in an orderly fashion, which actually helps stabilize markets in the long run. There is no reason to shy away from any opportunity to make money as a trader and now there are two more excellent ways to do so.