Post by ATC on Oct 16, 2012 8:38:07 GMT -6
This is why QE always makes me happy, despite wrecking our country:
When I woke up this morning at about 7:45am I had already made a 25% net gain in my FOREX account from a tiny position I put on last night (I sold the US dollar to buy the Swiss Franc). If you had done the same thing in an account with only $4,000.00 you would have made over $1,000.00 profit while you were sleeping!
QE is great for traders, the ultra-wealthy and politicians... but bad for this country. But at least I have a way to make money off of it to offset the declining standard of living and rising prices of everything!
Thanks, I guess, Bernanke...
When I woke up this morning at about 7:45am I had already made a 25% net gain in my FOREX account from a tiny position I put on last night (I sold the US dollar to buy the Swiss Franc). If you had done the same thing in an account with only $4,000.00 you would have made over $1,000.00 profit while you were sleeping!
QE is great for traders, the ultra-wealthy and politicians... but bad for this country. But at least I have a way to make money off of it to offset the declining standard of living and rising prices of everything!
Thanks, I guess, Bernanke...
