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Business / U.s. Gold Hits Record Above $1,300 An Ounce by Economical(m): 3:26pm On Sep 25, 2010
In an earlier post of mine I wrote about the declining dollar. In that post just a few days ago an ounce of gold was hovering around $1297 now its $1300, experts have predicted that gold will still hit $5000 in less than a year from now and within 2 years may hit $15000 an ounce when all market restraints aimed at suppressing the true price of gold have been forcibly removed. My advise remains the same, buy gold no. For more information contact me on best way to go about this.
Business / Re: Ideas On How To Invest #1,000,000 Needed by Economical(m): 3:13pm On Sep 24, 2010
Its a good thing that you have ideas to invest. Here is what I have to say. Given the global trend of falling currencies, something that is indeed far from over it would be unwise to make MAJOR investments in what I would call fluid transactions(notice that I emphasize major). If you have been an avid observer of the markets you would have noticed that even the central banks of nations have shown increasing distrust of the present financial sytems, that said you can wisely rule out investing HEAVILY in anything that relies extensively rapid turnovers, although rapid turnovers are very attractive and indeed are used by many marketers as a peach in their strategies the fact is such enterprises are TOO risky under the prevailing economic conditions. I could go on and on but I'm sure you would prefer if I went straight to the point. And here it is I suggest you hedge against the very uncertain future with the one accepted universal store of wealth that as we speak is currently appreciating---GOLD. Invest in gold, start buying and selling gold. If the central banks of nations are scrambling for it you can be sure it's the way to go. Contact me if you think you should.
Business / Re: Needs Help On How Domiciliary Work by Economical(m): 4:03pm On Sep 23, 2010
The sender needs to contact his bank and then he will be sent documents via email which he must download and send back to the bank via courier (since you say he is not in the country). This document will be a legal tender of sorts that indemnifies his bank of liabilities should their providing him with such an online access lead to fraudulent hijack of his account. If he is willing to do this than he will be able to send you the money via his account. However I would suggest another way which is much safer. Have your sender send the money via western union stating in his transfer manifest in what currency you should receive the money- of course you both would have agreed to what this should be. This is what I do and so far I have not had any problems.
Investment / Re: The Nigerian Capital Market & Nigerian Economy! by Economical(m): 3:45pm On Sep 23, 2010
See my article on "Dollar And Naira Will Fall Go For Gold(Trusted, Approved, Verifiable, Safe Gold)" @ https://www.nairaland.com/nigeria/topic-518884.0.html
Business / Dollar And Naira Will Fall Go For Gold(Trusted, Approved, Verifiable, Safe Gold) by Economical(m): 3:13pm On Sep 23, 2010
The dollar is falling against all major currencies and the naira is intrinsically linked to the dollar vis a viz oil export. Oil is Nigeria's major source of revenue but since the buying power of the US dollar is declining  (and the US are the major buyers/consumers of oil), the naira via an asymmetric sytem of currencies will also fall but at a higher rate than the dollar (This means that though the dollar is falling and the naira as well, relative to the dollar the naira will fall more). I believe that the price of oil will (by all market indications) also fall. What everyone needs to do now is to buy gold which as I write this article is at $1290 an ounce. The gold you buy will be a safe hedge against the global economic crisis that is frankly speaking far from over. Any loose cash now should be stored in gold. There is already talk of an international currency- The bancor that should replace the dollar and indeed all other currencies. Gold is the ultimate store of wealth-It has been for over 6000 years of recorded history.
Contact me for more information about steps you need to take to secure your finances against an uncertain future.
Business / Re: How Much Did You Exchange The Dollar For Today? by Economical(m): 3:03pm On Sep 23, 2010
The dollar is falling against all major currencies and the naira is intrinsically linked to the dollar vis a viz oil export. Oil is Nigeria's major source of revenue but since the buying power of the US dollar is declining  (and the US are the major buyers/consumers of oil), the naira via an asymmetric sytem of currencies will also fall but at a higher rate than the dollar (This means that though the dollar is falling and the naira as well, relative to the dollar the naira will fall more). I believe that the price of oil will (by all market indications) also fall. What everyone needs to do now is to buy gold which as I write this article is at $1290 an ounce. The gold you buy will be a safe hedge against the global economic crisis that is frankly speaking far from over. Any loose cash now should be stored in gold. There is already talk of an international currency- The "bancor" that should replace the dollar and indeed all other currencies. Gold is the ultimate store of wealth-It has been for over 6000 years of recorded history.
Contact me for more information about steps you need to take to secure your finances against an uncertain future.

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