Most people earn and spend in one currency. This can create a false impression of insulation from the effects of a currency’s depreciation.
Dayton, Ohio (PRWEB) October 25, 2012
In the only book to focus on forex trading as an investment, CaesarTrade Executive, Cliff Wachtel, summarizes a major currency diversification issue plaguing individuals worldwide: Most people earn and spend in one currency. This can create a false impression of insulation from the effects of a currency’s depreciation. CaesarTrade is announcing a plan to encourage traders to diversify currencies as an investment.
From Brazil to Europe to the safe haven of Switzerland, governments are taking an interest and actively attempting to control their currencies. Look at how the US Dollar performed in the past 30 years: Down 97% to Oil, down about 78% with grains, down 97% with gold, down 73% against the Yen, down 78% against the Franc, down 37% against the Canadian, down 52% against the Australian.
On point, CaesarTrade is announcing solutions for investors to resolve this critical issue and help preserve their own purchasing power. From managed accounts to one-on-one discussions to social trading, CaesarTrade wants traders to treat currency diversification as an investment using out resources.
CaesarTrade.com is an online forex trading company headed by CEO Eric Harbor who has been involved in forex since 1996, and Cliff Wachtel, a highly regarded forex educator and published author of The Sensible Guide to Forex.
For more information on forex trading visit: http://www.CaesarTrade.com.
You can also follow the company Twitter.