Forex is a combination of the words “foreign” and “exchange”. Forex trading involves speculation activities that take place day in, day out on the world’s stock exchanges with the exchange rates of the different currencies. Since 2014 China allowed direct trading the Euro. The volume of the currencies traded daily exceeds 7 trillion USD.


The FOREX market is 27 times larger than the world´s stock market and the only one open 24/5.

from most popular currency pairs such as euro vs dollar or gbp vs euro
to the singaprore dollar or norwegian crown. more details under spreads.

In 2010, according to the Bank for International Settlements (BIS), approximately 85% of all foreign exchange market transactions were made in the US Dollar currency. Until 1998, the German Mark came second, which is now taken by the Euro. Long-term political and economic developments will let us know in what extent the Yuan and the British Pound can hold ground on the world market.


 

                                                        Until August 15, 1971, anyone could exchange

                                                                              $ 35 for one ounce of gold (31.1 grams).

Until 1913, Gold and Silver were deposited at the US Treasury as a security of money value. In that year the American people were deceived by members of their own government, executing the "Federal Reserve Act" which is incompatible with their own constitution. The bill was flogged through congress clandestinely in the midnight hours of Christmas.

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

Woodrow Wilson wrote this several years after signing on Jekyll Island the "Federal Reserve Act", which in 1913 created a private bankers-dominated central bank (FED) called the "creature of Jekyll Island". Thomas Woodrow Wilson was an American Democratic Party politician and from 1913 to 1921 the 28th President of the United States of America.

Richard Nixon, the 37th President of the United States, completely repealed the historic Gold Standard and the era of money printing began.

Nixon justified the move of abolishing the Gold Standard with speculation against the USA, but in truth too many notes were brought in circulation to finance the Korean and Vietnam war. Since then, confidence in the reserve currency has been waning.


The so called "Fiatmoney" causes lack of security and leads to self-enrichment and abuse.


Models like the Gold Standard, and even more so the Goldback, are extremely popular.

trendsetting goldbacks

The new goldbacks represent an even better solution than the gold standard or cryptocurrencies that are backed with gold.


It does not need a bank or any other institution such as a private company in which the gold would be deposited as security.               

The gold is conveniently embedded in the banknotes so that you always carry it with you. In parts of the USA, these bills are already means of payment. There are many shops that Goldbacks are happy to accept. These bills do not violate the constitution either, they represent a quasi-material value, just like gold coins.


Banks can serve as a repository.


Purchase Goldbacks here, if you need help please give us a call.