Learn How To Trade Forex | Forex Training & Trading
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Two Blokes Trading | Forex Trading Community
What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
What exchanges do you recommend besides coinbase and binance?
I come from a forex background and I recently started learning about crypto, but from what I here is that some crypto are only on specific sites. There's so many options too, but what are some good ones besides coinbase and binance? By the way, I'm us based.
I saw a discrepancy when looking at FX quoting conventions. In Schweser Notes it says this: https://imgur.com/a/IJ5FNFN +It is also the same way on the CFA L2 learning portal. On Investopedia is says this: https://imgur.com/a/vDJ3KpW +During work training (Sales & Trading), I was also taught that this is the standard convention. +It is also like this on sites like Forex.com. Which one is correct? For example, ABC/DEF, which one is the base currency ABC or DEF? Which one is the price currency? Thanks.
I have some questions for my future in day trading.
So I was reading the wiki and as common place for me I became a little confused when the forex came up. After rereading that part over and over and hopefully connecting the right dots I have come to a conclusion. The forex is supposed to be used as training wheels as it is a “safer” option to the regular trading brokerages or whatever it is. What I need to do is exercise the strategies I have made through my studies of day trading. I am not sure if I am correct in this assumption but if you have the correct answer I would love to hear it. So far I currently have three books in my possession on investing:
Day trading 101
The Bible of option strategies
I also have three books coming in as well:
Day trading for dummies
Currency trading for dummies
Start trading today
So now I want to ask the questions I mentioned earlier. I have five in total.
Is the conclusion I come up with correct?
Are the books I have or will have a good option for learning how to day trade? If not do you have any suggestions or replacements or if I need to add more?
How long should I study before I make my first trade?
What is a good brokerage site for forex trading?
What videos do you suggest I look up on information regarding day trading.
I really appreciate the help in advance. I want to to do as a way for extra income and eventually leave my job the sooner the better I have until 2022 AUG to be able to pull that off. Any help realizing that part of goal would help as well. Pleas and thank you.
So I’ve just recently finished my business degree and during one of my last lecturers, I spoke to my professor about stocks, trading etc and it gave me an inspiration to look into but he said he has never really done it. I looked into stock trading but you usually need a lot of money and I only have about £1.5k, but that’s enough for forex. I don’t know much about forex trading just watched a few videos and done a little bit of research. I just want to know if it’s worth trying out for a beginner or is it extremely hard to actually learn to trade on forex? At first I would trade with a demo account for obvious reasons. Also do people know any communities to join? As I watched a video and apparently that can help a lot and it gives you an ability to ask questions. I have joined couple Facebook groups but all of the posts were just people trying to advertise their signals and things so I left as I want to actually learn it. Also feel free to share any website or videos that might be useful, I’m away of babypips which seems like a very useful site.
A couple of weeks ago, I posted a question about currency conversion costs. Between the fact that no one seemed able to answer it, and my surprise at what I learned, I thought I'd post my findings here. I got one Forex broker on the phone. Other sites seem to quote the same rate, so for the moment, I'm assuming they all work roughly the same way. The Red Herring My original question concerned the possibility of double spread costs when trading pairs that don't include our account currency. Fortunately, this turns out not to be a thing. However... They do apply a whopping 0.0050 (50 pip!) currency conversion fee to the majority of trades, including those involving our account currency. To understand how it works, I had to remind myself that in retail Forex we're not actually trading any currencies. We're trading "contracts for the difference" in given exchange rates, between the open and close of our positions. The Good News The good news is that since we never actually hold the currencies represented by our positions the currency conversion fee doesn't apply to them. It only applies to any profit/loss that closing our positions realizes in another currency. So while the currency conversion fee diminishes a win or increases a loss, it can't turn a win into a loss. The Bad News The bad news is that the currency conversion fee applies any time the counter currency isn't our account currency, including when the base currency is our account currency, and including when we short that pair. For example, our account is in USD, and we short USD/CAD. This is often spoken of as buying CAD with our USD, then later buying USD with the CAD we were holding, in which case our profit/loss would be in USD — our account currency — with no further conversion to be done. But that's not what's really happening. Shorting this pair is "selling" a number of "contracts for the difference" in the opening and closing USD/CAD rate, with that rate quoted, and therefore the profit/loss realized, in CAD, which then gets converted to our account currency, at a cost. And with the majority of pairs having a counter currency different from our account currency, that means we're paying this fee on most position we take.
Question #1: How reliable is 1000pipbuider forex trading signal provider? The average star ratings of 1000 Pip Builder, as seen on the two major reviewing sites, are quite great. Everyone is praising the quality trading signals provided by the company. You can briefly read through these reviews before buying into the service to see if the opportunity is worth your time and money. Question #2: How profitable is it? They target to help you get a growth of at least 350 pips every month, with a win rate maintained at 70%, and that’s really appealing for most people. Question #3:What is the minimum account balance that can be suitable for its forex signals? There's no minimum account size. They have many members who have small account sizes. Question #4: How much does it cost to join 1000 Pip Builder? Their monthly fee is $97/month, or you can choose the 3-month plan or 12-month plan, which worth $227 and $697 respectively. Question #5: Do you recommend them? Are they a scam? They aren’t a scam, nor a pyramid scheme. They’re a legit learning platform that serves customers with the quality signals that allow you to quickly get into the Forex trading. However, due to the lack of the company’s transparency and they’ve no refund policy, I can’t recommend this service to anyone. ——————————————————— If you’ve any other question about 1000 Pip Builder, I've got a thorough review of the company, feel free to check it out by clicking the link below. Click To Read:https://lifegoalfinisher.com/1000-pip-builder-review/ Click To Read: https://lifegoalfinisher.com/1000-pip-builder-review/
European Banks - Where Can I Easily Open a Bank Account?
Choosing a foreign bank to open an account in is a difficult task. Many details must be taken into account so that you don’t run into failure or problems with account operations in the future. Today, we have gathered 7 banks that will easily open an account for you (sometimes even remotely) and will not strictly monitor transactions on it. https://preview.redd.it/s19up259z6951.png?width=3840&format=png&auto=webp&s=0e1b7d2ea22bc9871082ec856f5ab5d7a32d8038 FIO Banka Country: Czech Republic Year of foundation: As an online broker - since 1993, as a bank - since 2010. FIO is the most loyal bank in Europe. There, you can open an account for any type of activity, from FOREX to gambling. There are no extra fees for maintenance or minimum balance and limits. Of course, the FIO does not require documentary evidence of the payments made. Documents required to open an account:
foreign passport and internal passport;
apostille of the Certificate of Incumbency to the corporate director or founder, if the company is older than 6 years;
strictly colored scans of all documents;
account opening term: 2-3 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity. CSOB Banka Country: Czech Republic Established: 1964 CSOB Banka is the second largest bank in the Czech Republic in terms of capitalization and one of the most influential banks in Europe. There are no restrictions on dollar payments and a minimum deposit. You can manage your account through the online banking. CSOB is loyal to operations via the account, and does not require confirmation by agreement or invoice. Documents required to open an account Personal account:
passport or another identity document.
confirmation of address.
apostilled set of legal documents for the company.
If the company is with a nominee service, remote identification of an individual as a director or shareholder is required. Account opening period: 5-7 days. Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity. Ceska sporitelna Country: Czech Republic Established: 1825 Ceska Sporitelna is a very loyal bank that does not require confirmation of each payment made. All financial tasks can be quickly solved with the help of Internet banking. Documents required to open an account:
statutory documents for the company (originals);
full extract from the Register without apostille (only for Czech companies);
Certificate of Good Standing with an apostille (for 3+ months companies);
beneficiary's domestic and foreign passport;
certified power of attorney to open an account;
a brief description of the business or website URL for online business;
account opening period: 7-14 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity. MKB Bank Country: Hungary Established: 1950 MKB Bank is one of the largest banks in Hungary. An account will be opened for free, if necessary, a plastic Visa or MasterCard will be issued. You can open an account for an offshore company, but MKB will refuse this if the company is registered in a country from the OECD black list. Nevertheless, the MKB is quite loyal to the operations carried out on the account.. Documents required to open an account: Personal account:
power of attorney declaration;
Charter and memorandum of association of a company certified by a notary;
Protocol on the appointment of officers;
Certificate of incorporation, certificate of shares and certificate of good condition;
Power of attorney;
Account opening period: 7 days.
Do I need a personal visit to the bank? Yes. After reviewing the MKB package of documents, you must visit Hungary and meet with a bank agent. BOS bank Country: Poland Established: 1991 BOS Bank is a Polish bank. If your company is not older than a year, then account maintenance in the first 18 months will be free. There, you can open an account for offshore companies and any other activities. The bank is loyal to transactions carried out on the account. Documents required to open an account: Personal account:
extract from the registry translated into Polish and notarized;
Account opening period: 14 days.
Do I need a personal visit to the bank? No, the account can be opened remotely. Bank Zachodni WBK Country: Poland Established: 2001 Bank Zachodni WBK is the third largest bank in Poland in terms of assets. The bank is not picky about corporate documents, opens accounts for any kind activities. Documents required to open an account: Personal account:
extract from the registry translated into Polish and notarized;
account opening period: 14-21 days.
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity. ING Bank Slaski Country: Poland Established: 1988 ING is the largest bank in Poland. The bank opens accounts for onshore companies and is loyal to non-resident customers in Poland. You can issue a Visa or MasterCard plastic card. Documents required to open an account: Personal account:
Extract from the registry translated into Polish and notarized;
Each day, millions of trades are made in a currency exchange market called Forex. The word "Forex" directly stems off of the beginning of two words - "foreign" and "exchange". Unlike other trading systems such as the stock market, Forex does not involve the trading of any goods, physical or representative. Instead, Forex operates through buying, selling, and trading between the currencies of various economies from around the world. Because the Forex market is truly a global trading system, trades are made 24 hours a day, five days a week. In addition, Forex is not bound by any one control agency, which means that Forex is the only true free market economic trading system available today. By leaving the exchange rates out of any one group's hands, it is much more difficult to even attempt to manipulate or corner the currency market. With all of the advantages associated with the Forex system, and the global range of participation, the Forex market is the largest market in the entire world. Anywhere between 1 trillion and 1.5 trillion equivalent United States dollars are traded on the Forex market each and every day. Forex operates mainly on the concept of "free-floating" currencies; this can be explained best as currencies that are not backed by specific materials such as gold or silver. Prior to 1971, a market such as Forex would not work because of the international "Bretton Woods" agreement. This agreement stipulated that all involved economies would strive to hold the value of their currencies close to the value of the US dollar, which in turn was held to the value of gold. In 1971, the Bretton Woods agreement was abandoned. The United States had run a huge deficit during the Vietnam Conflict, and began printing out more paper currency than they could back with gold, resulting in a relatively high level of inflation. By 1976, every major currency worldwide had left the system established under the Bretton Woods agreement, and had changed into a free-floating system of currency. This free-floating system meant that each country's currency could have vastly different values that fluctuated based on how the country's economy was faring at that time. Because each currency fluctuates independently, it is possible to make a profit from the changes in currency value. For example, 1 Euro used to be worth about 0.86 US dollars. Shortly thereafter, 1 Euro was worth about 1.08 US dollars. Those who bought Euros at 86 cents and sold them at 1.08 US dollars were able to make 22 cents profit off of each Euro - this could equate to hundreds of millions in profits for those who were deeply rooted in the Euro. Everything in the Forex market is hanging on the exchange rate of various currencies. Sadly, very few people realize that the exchange rates they see on the news and read about in the newspapers each day could possibly be able to work towards profits on their behalf, even if they were just to make a small investment. The Euro and the US dollar are probably the two most well-known currencies that are used in the Forex market, and therefore they are two of the most widely traded in the Forex market. In addition to the two "kings of currency", there are a few other currencies that have fairly strong reputation for Forex trading. The Australian Dollar, the Japanese Yen, the Canadian Dollar, and the New Zealand Dollar are all staple currencies used by established Forex traders. However, it is important to note that on most Forex services, you won't see the full name of a currency written out. Each currency has it's own symbol, just as companies involved in the stock market have their own symbol based off of the name of their company. Some of the important currency symbols to know are: USD - United States Dollar EUR - The Euro CAD - The Canadian Dollar AUD - The Australian Dollar JPY - The Japanese Yen NZD - The New Zealand Dollar Although the symbols may be confusing at first, you'll get used to them after a while. Remember that each currency's symbol is logically formed from the name of the currency, usually in some form of acronym. With a little practice, you'll be able to determine most currency codes without even having to look them up. Some of the richest people in the world have Forex as a large part of their investment portfolio. Warren Buffet, the world's richest man, has over $20 Billion invested in various currencies on the Forex market. His revenue portfolio usually includes well over one-hundred million dollars in profit from Forex trades each quartile. George Soros is another big name in the field of currency trading - it is believed that he made over $1 billion in profit from a single day of trading in 1992! Although those types of trades are very rare, he was still able to amass over $7 Billion from three decades of trading on the Forex market. The strategy of George Soros also goes to show that you don't have to be too risky to make profits on Forex - his conservative strategy involves withdrawing large portions of his profits from the market, even when the trend of his various investments seems to still be correlating upward. Thankfully, you don't have to invest millions of dollars to make a profit on Forex. Many people have recorded their success with initial investments of anywhere from $10,000 to as little as $100 for an initial investment. This wide range of economic requirements makes Forex an attractive venue for trading among all classes, from those well entrenched in the lower rungs of the middle class, all the way up to the richest people alive on the planet. For those on the lower end of the spectrum, access to the Forex market is a fairly recent innovation. Within the past decades, various companies began offering a system that is friendlier to the average person, allowing the smaller initial investments and greater flexibility that is seen in the market today. Now, no matter what economic position you are in, you can get started. Although it's possible to jump right in and start investing, it's best that you make sure you have a better understanding of the ins and outs of Forex trading before you get started. The world of Forex is one that can be both profitable and exciting, but in order to make Forex work for you it is important that you know how the system works. Like most lucrative activities, to become a Forex pro you need a lot of practice. There are many websites that offer exactly this, the simulated practice of Foreign Exchange. The services provided by online practice sites differ from site to site, so it is always a good idea to make sure you know all of the details of the site you are about to use. For example, there are several online brokers who will offer a practice account for a period of several weeks, then terminate it and start you on a live account, which means you may end up using your own money before you are ready to. It's always a good idea to find a site that offers an unlimited practice account. Having a practice account allows you to learn the ways of the trade with no risk at all. Continuing to use the practice account while you use a live account is also a beneficial tool for even the most seasoned Forex traders. The use of a no risk practice account enables you to try out new trading strategies and tread into unknown waters. If the strategy works, you know that you can now implement that strategy into your real account. If the strategy fails, you know to refrain from the use of that strategy without the loss of any actual money. Of course, simply using a no risk account won't get you anywhere. In order to make money with Forex, you need to put your own money in. Obviously, it would be ridiculous to travel to other countries to purchase and sell different currencies, so there are many websites that you can use to digitally trade your money. Almost all online brokerage systems have different features to offer you so you have to do the research to find out which site you wish to create an account with. All brokers will require specific information of you to create your account. The information they will need from you includes information required to communicate with you, including your name, mailing address, telephone number, e-mail address. They also require information needed to identify who you are, including your Social Security number, Passport number or Tax Identification number. It is required by law that they have this information, so they can prevent fraudulent trading. They may also collect various personal information when you open an account, including gender, birth date, occupation, and employment status. Now that you have practiced trading currency and set up your live account, it is time to truly enter this profitable yet risky world. To make money with Forex, you do need to have money to begin with. It is possible to trade with very small amounts of money, but this will also lead to very small profits. As is with many other exchange systems, high payouts will only come with high risks. You can't expect to start getting millions as soon as you put money in to the market, but you can't expect to make any money at all if you don't put in at least a 3-digit value. As most Forex brokers will warn you, you can loose money in the foreign exchange market, so don't put your life savings into any one trade. Always trade with money that you'd be able to survive without. This will ensure that if you get a bad trade and loose a lot of money, you wont end up on the streets, and you'll be able to make a comeback in the future. So how does trading currency work? Logically, trades always come in pairs. For example, a common trade would be the United States Dollar to the Japanese Yen. This is expressed as USD/JPY. The way to quote a trade is kind of tricky, but with practice it becomes as natural as reading your native language. In a Forex quote, the first currency in the list (IE: USD in USD/JPY) is the base currency, and in the quote the base is always one. This means if (hypothetically of course) One USD was worth Two JPY, that the quote would be expressed as 1/2. When trading in Forex, we use pips. Pip is an acronym for "percentage in point". A pip a certain decimal place in a number compared to the same decimal place in another number. Using pips, we track the gains and losses of a currencies value compared to another's. Let's take a look at an example. Say a value is written as 1.0001/1.0004. This would indicate a 3-pip spread, because of the 3 number difference in the fourth decimal place. Almost all currency pairs go to the fourth decimal place. The only currency pair that doesn't is that of the USD/JPY, and it goes to the second decimal place. For example, a USD/JPY quote with a 3-point spread would look like this: 1.01/1.04. A very common aspect to the foreign exchange is leverage. Leverage trading, also known as trading on margin, is a way to amplify the amount of money you are making. When you use leverage trading, you borrow a certain amount of money from your broker and use that to make your transaction. This allows you to trade with more money then you are actually spending, meaning you can make higher profits than you would normally be able to make. There are risks associated with leverage trading. If you increase the amount of money you are using, if a trade goes bad, then you'll loose more money than you'd usually loose. The risks are worth it though, because a big win on margin means a huge payout. As mentioned before, it is definitely a wise idea to try out leverage trading on your practice account before you use it excessively on your live account, so you can get a feel for the way it works. Now that you're an expert on the way Forex trading works there are some things about foreign exchange that you should know. Forex is just like the stock market in that there are many benefits and risks, but if you are going to invest your time and personal money into this system, you should be fully aware of all of the factors that may change your decision to invest in the currency market. Generally speaking, Forex is a difficult subject to opinionate on, because of the different factors that may alter the currency over the years. "Supply and demand" is a major issue affecting the Forex organization, because the world is in constant variable to change, one significant product being oil. Usually the currency of all the nations around the globe is described as a huge "melting pot", because of the fact that all of the interchanging controversy, political affairs, national disputes, and possibly war conflicts, all mixed together as a whole, altering the nature of Forex every second! Although problems such as supply and demand, and the whole "melting pot" issue, there are a numerous amount of pros to Forex; one being benefited profit from long term stock. Because of the positive aspects of Forex, the percentage of the use of electronic trading in the FX market (shortened from Foreign Exchange) increased by 7% from 2005 to 2008. Despite the controversial realm of Forex, it is still recognized today by many, and is still popular amongst many of the nations in the world. Of all the organizations that recognize Forex, most of them practice fiscal policy, and monetary policy. Both policies are dependent on the nation's outlook on economics, and their standards set. The government's budget deficits, or surpluses against the country, is widely affected by the country's economic status of trade, and may critically inflict the nation's currency. Another factor for the nation's deficit spending is what the nation already has, in terms of necessities for the citizens, and the society. The more the country already has, prior to trade, the greater the budget for other demands from the people, such as technology, innovations in existing products, etc. Although a country may have an abundance in necessities, greed may hinder the nation's economic status, by changing government official's wants, to want "unnecessary" products, therefore ruining or "wasting" the country's money. This negative trend may lead to the country's doom, and hurt the Forex's reputation for positive change. There are some countries which hold more of a product (such as oil stated above), the Middle East dominating that sector in the circle of trade; Since the Middle East suffers much poverty, as a result of deficit spending, and lack of other resources, they demand for a higher price in oil, to maintain their economic status. This process is known as the "flights to quality", and is practiced by many countries, wanting to survive in the trading network that exists today. Interest rate, and leveraged financing, is due to the inflations that occur in many parts of the world from one point to another. Inflations wear down purchasing abilities, causing the currency to fall with it. In some cases, a country may observe the trends that it takes, and beforehand, take action to avoid any mishaps that had been experienced before. Sometimes, the country will buy more of a product, or sell more of a product, otherwise known as "overbought" or "oversold". This may aid in the country's future, or devastatingly hurt the country, because of lack of thought, as a result of fraud logic. "What started out as a market for professionals is now attracting traders from all over the world and of all experience levels" is part of a letter of the chairman of Forex, and it is completely true. There is even a 30-day trial for Forex online if anyone interested in Forex wants to learn more about the company. Although affected by leveraged financing, interest rate, and causing an increase or decrease in exchange rate risks, Forex can be a great way for quick profits and integrated economy for the country. In investing in stocks that are most likely to be successful for a long period of time, and researching these companies for more reference and background that you need to know, Forex can aid in these fields. In the Forex market of different levels of access, the inter-bank market composed of the largest investment bank firm, which contains "spreads", which are divided into bid, and ask prices. Large amounts of transactions, with large amounts traded, and requesting a small amount of difference is known as a better spread, which is preferred by many investors. In comparison to the Stock Market, the Forex organization is just as stable, and safe, if the users on it are aware, and decently knowledgeable about the topic. The Stock Market Crash in 1929 was a result of lack of thinking, because of the extremely cheap shares, replacing the shares originally costing thousands of dollars. When the Stock Market crashed, and the New Deal was proposed by Franklin D. Roosevelt, leveraged finance was present, and utilized to stabilize the economy at the time. The United States was extremely wealthy and prosperous in the 20s (prior to the depression), and had not realized what could happen as a result of carelessness in spending. This is a result of deficit spending, and how it could damage a society, in less than a decade! When joining Forex, keep in mind that with the possible positive outcomes, and negative ones, there are obstacles that must be faced to become successful. As a result of many catastrophic events, such as the Great Depression that occurred in the United States, people investing in the Forex organization keep in mind of the dangers, and rewards that may come upon them in a certain point in time. With more work and consideration outputted by a person, or organization in the Forex program will there be more signs of prosperity as a result. In relation to individuals such as Warren Buffet and George Soros, they have become successful through experience, and determination through many programs, and research, for security purposes. Reserving some of the most riches people in the world, to others that are just test driving it to discover its potential for them, Forex is a broad topic that experiences different people everyday. Forex may not help everyone that invests in it, but if enough outputted effort is amplified in attempts to better the economy, it is most definitely something that any person should experience first-hand.
How I cracked $146.59 in a single day on Clickbank
TL:DR: You can read the case study here: https://ultimatecpax.com/how-to-rank-and-bank-in-30-days-with-clickbank-guaranteed I've dived into SEO for over 3 years with little to no success. I wanted to be able to make a full time career out of making passive income from websites but they usually ended bad. After a few years, I managed to make $100 per day using Amazon Associates and sold the site for $21,000. I've tried and testing many methods with this money because I didn't mind losing it. It was a new learning curve for me. SEO will always be my #1 way to generate money because it's somewhat easy and fun. It's challenging at times but being able to manipulate the search engines sounds appealing in my head. I got into SEO after learning how easy it is to rank for keywords and it 100% was. I ranked for some competitive keywords using SEO strategies (You can find guides on ranking keywords using most internet marketing forums) This led to me trying to go for major affiliate programs including casinos and Forex. Forex was a disaster as I lost $2,000 in 1 day from failed rankings. The casino affiliate niche on the other hand was insanely successful. From 1 conversion, I made $20,000 from a single person. In this industry, we call these conversions "Whales" because they can make you life changing money in as little as a day. I went from $50+ per week with my casino site to $20,000 in 1 day. Sure it was a lucky day, but it propelled me to super affiliate levels. This made me venture into CPA niches as I wanted a bit of stability. I found a couple of health niches and managed to rank these and make $800+ in a single day. On average, these sites make $100+ per day, but with a little marketing, this sky rockets to $1,000 per day. As for how I ranked these sites, it's as simple as finding the right keywords, writing the content, and getting the right backlinks. I made a little case study on how I ranked a keyword with parasite SEO and made $146.59in 1 day. That's all for this post. I will try update once a week with my new affiliate sites as I am trying to build a base of 10 sites making $1,000 per month each passively with little work to be done.
06-24 10:14 - 'SCAM awareness/ Phising' (self.Bitcoin) by /u/certifieddesi removed from /r/Bitcoin within 0-9min
''' Scam/ Phishing/ Bitcoin Scam/ Fake Banks Hi Guys! I just want to make everyone aware of one of the biggest scam going on currently and I was a victim of it. So they will try to get in touch with you through mostly Instagram or any other way saying they are investors and will have real company website in profile (they don’t work there) and that they are experts in forex trade and will work to increase our money by investing in one week. So to convince they will say we can even deposit minimum like $200 then they will have you make an account on sites like tradersplacefx (fake) or any other site. So on the account they will show you that the money is growing in a week, so fakely you will see that your deposit is growing to like $20,000. Of course you will get excited, so since your deposit grew they will ask you to deposit money certain amount of money ($2000 for me). I ll be honest I fell for all of this but I want to save other people’s money. So I deposited and then now it gets interesting they will make you create blockchain wallet and account saying that they will transfer the funds in blockchain wallet. So they will ask for your login info. So once you give login info you do see your deposit there but then they will ask you to deposit $5000 saying you cannot have empty wallet. Once you do they will lock the wallet address with private key (which you cannot retrieve) just can see the money sitting there. They will say we will keep adding the deposit whatever you deposit. So now your blockchain wallet has about $26,000 which is not yours. So now they will say that we deal with only one bank such as EUPHORIA SWISS BANK (Euphoriaswissbank), so I did some research they have made their website look like a real bank website [[link]2 With pics of agents and all but I found out that it was a copy of a US bank that looks the same. So they will ask you to make an account there, you will see your money go into the bank. Now they will ask you to deposit about 10K for some BS reason, they will say it is to link offline and online account. But lets say if you do that also then they will send you another e-mail saying we have to deposit 14% for security of deposit which is another $6,500 . So now I got suspicious that they keep on asking for deposit here and there to transfer my money to my local bank. So I asked bank to provided me with FDIC and physical address of the bank, of course which they don’t have they will say its online bank that’s why. So I did not send anymore after that, then they will keep e-mailing you to deposit payment to transfer funds to your local bank. So Now I have money in their bank account, just sitting there and they will show fake numbers. SO guys BE AWARE, take my example and DO not Fall for this!!!!!! They are earning a lot by this, I even saw someone send about 125K I feel bad for that person. SAVE your MONEY!! I want to make everyone aware and save their money because it does hurt losing hard earned money. I have lost about $21,000 L. At this point you cannot recover your money no matter how hard you try. Please Help share and remember the names of the banks or Instagram address might be different but do your research about bank (if no FDIC number or physical address not a real bank! I learned the hard way!. They will make it look like its very real bank and real site. So BE ALERT!!! And AWARE and help me Spread the word. PS: If you think this above info helped saved your money, I’ll really appreciate optional donation ( to recover my savings which I spent a lot of time saving L) to my bitcoin address: 36adH3bRYw1Pmoky6gAZth7qJYWTJfi2cA ''' SCAM awareness/ Phising Go1dfish undelete link unreddit undelete link Author: certifieddesi 1: en-s.euph**ias***sba*k.co*/ 2: **-s.e*phor*aswi*sba*k*co*/]^^1 Unknown links are censored to prevent spreading illicit content.
which I can get the chance to help me in my exchanging. In any case, one day I arrived on a site which sell a Forex instructional class bundle, this site asserted that the its technique brings about a benefit rate around 80% in all cases, I read more on this course enough to be inspired to get it, particularly its cost was truly reasonable to me ($99 aggregate for the 5 eBooks). When I got the eBooks, forex scams I started perusing each and every word in them with unquenchability, and - for trustworthiness - it was the first run through for me to peruse in quite a while about Forex cash the board and hazard the executives and their essential standard in Forex exchanging, yet this was all I had gotten from this course, not much. I attempted to contact the creator of the Forex course to inquiry him around a few focuses with respect to his preparation program, and learn to expect the unexpected. I didn't get any reaction from him, I reached him up to multiple times, anyway I didn't hear single word.This was the exercise #1 I learned: It isn't about the preparation program, it's about the AUTHOR of this program, would he say he is alive man? is he a genuine Forex dealer OR: he's only an educator of hypothetical talks in Forex exchanging! The exercise #2 I learnt was: What is level of the specialized help given in the wake of buying his Forex preparing program? will I discover him when I need him? Following an entire year, I would have left nearly Forex exchanging and engrossed by different organizations, however one day while surfing on the web, I found unintentionally the Forex Mentor site, and once arrived on the primary page, at the principal sight I skeptically snickered and said to myself: "Another Scam!!" In any case, I began perusing all the data on his preparation program and the primary thought behind it: Pivot Points. I started by and by deduction genuinely to come back to Forex exchanging, and chose to buy this program of Peter Bain, however for the main look, I was baffled at its significant expense ($495 for a printed version on CDs, or $349 of the computerized duplicate). A little while later of profound thought and attempting to choose whether I'll purchase or not, I said to myself, I lost in the Forex exchanging the previous a few thousand of dollars, let them be a few thousand PLUS $495!! I read each word on the Forex Mentor Website, I gathered each data accessible about the Author (Peter Bain) and his history in the Forex and stocks showcase, I read numerous free surveys about this course. In spite of that, The most significant factores urged me to purchase Forex tutor course were as the follows:
Forex Broker for Beginner (Yes, I've read the overview materials; asking about "next steps")
I am looking for practice before I plunge my money in. In looking at the list of suggested brokers here, I tried OANDA. The practice they offer is helpful. What is not so helpful is that all of the terms they use are different from all of the reference sites and material I have. It would also help if they had more support (like a glossary) as Forex is so much different from the (minimal) investing I've done before. This is a hobby for me and I've learned a lot at OANDA, but it is frustrating to constantly having to decipher each action in addition to having to create models for the actual trading. I'd rather avoid signing up for, just to try out, a half-dozen sites.
Immediate Aftermath : The more data we collect and analyze, the clearer the picture becomes.
This is the updated first part of the list that has recorded the notable events as the world deals with the COVID-19 pandemic. [2nd Part] ― The LINKS to events and sources are placed throughout the timeline. ------------------------ The More Data We Collect and Analyze, the Clearer the Picture Becomes. Someone threw a stone in a pond a long way away. And we're only just feeling the ripples. — Fukuhara from Giri/Haji, Netflix series ------------------------ On Jan 30, Italian PM announced that Italy had blocked all flights to and from China. While Italy has banned people from air-travelling to China, however according to IATA data, there's no measurement implemented for air-travellers from China into Italy till the Mar 07. Especially for Chinese people who have EU passports. On Jan 31, the US announced the category-I travel restrictions, barring all foreigners who have been in China for the past 14 days, with measures including the refusal of visas and mandatory quarantine. • "Because the US focused on China and didn't expect the infected people's entry from Europe and the Middle East, the Maginot Line was breached from behind. And so little of credible data at the beginning made the US government to miscalculate its strategic response to the virus." — Dr. Zhang Lun, currently a visiting scholar at Harvard (economics & sociology), during the interview with ICPC on Mar 29. Also on Jan 31, the WHO changed its tune and declared the coronavirus outbreak a Global Public Health Emergency of international concern (PHEIC).
Decisions on a PHEIC always involve politics .... West African countries discouraged a declaration in 2014 after they were hit by the largest Ebola virus outbreak on record, mainly because of concern about the economic impact.
------------------------ On Feb 02, regarding the US category-I travel restrictions, Kamala Harris, the former Democratic presidential candidate, declared on Twitter:
Since 2017, Trump’s travel bans have never been rooted in national security—they’re about discriminating against people of color. They are, without a doubt, rooted in anti-immigrant, white supremacist ideologies. This travel ban is no different.
On Feb 03, criticizing Trump for his travel restrictions continues. Chinese foreign ministry spokeswoman Hua Chunying (华春莹), a Peking University professors James Liang (梁建章), New York Times, the Nation, OBSERVER, the Boston Globe, Yahoo, and Daily Kos were saying, it's a "panicky" decision and "racist" or it's "cruel and callous," he's stoking fear for political gains, and the president is "inappropriately overreacting." And professors Liang even said the US ban "will hurt goodwill and cooperation [with China] in the future."          Also on Feb 03, Mr. Tedros of the WHO said there's no need for travel ban measure that "unnecessarily interfere with international travel and trade" trying to halt the spread of the virus.
China's delegate took the floor ... and denounced measures by "some countries" that have denied entry to people holding passports issued in Hubei province - at the centre of the outbreak - and to deny visas and cancel flights.
Also on Feb 03, China is expected to gradually implement a larger stimulus packages (in total) than a USD $572 billion from 2008. — We'd never find out but my guess is that the fund will probably go to Shanghai clique. On Feb 04, The FDA has given emergency authorization to a new test kit by the CDC that promises to help public health labs meet a potential surge in cases.
The speed ... pushing through a new diagnostic test shows just how seriously they’re taking the potentially pandemic threat of 2019-nCoV. It’s also a sign that the world is starting to learn how to deal with an onslaught of new pathogens.
Also on Feb 04, the Wuhan Institute of Virology and China's Academy of Military Medical Sciences (AMMS, Chief Chen Wei belongs to) have jointly applied to patent the use of Remdesivir. Scientists from both institutes said in a paper published in Nature’s Cell Research that they found both Remdesivir and Chloroquine to be an effective way to inhibit the coronavirus. On Feb 06, Jamestown Foundation, a Washington-based research & analysis unit, noted that with State Council of PRC praising his performance of containing the pandemic situation, the council expanded Li Keqiang's political control over Politburo Standing Committee of CCP. (Li Keqiang = Communist Youth League = Shanghai clique) Also, on Feb 06, as the US evacuation planes leave China, the wave of the US evacuees have arrived who are met by the CDC personnel at the quarantine sites for screening, and those who were suspected of infection will be placed under quarantine for 14 days. Also, on Feb 06, a CDC-developed lab test kit to detect the new coronavirus began shipping to qualified US laboratories and international ones. — However, on Feb 12, the CDC said some of the testing kits have flaws and do not work properly. The CDC finally ended up shipping the working test kits for mass testings on Feb 27. This was three weeks later than originally planned. On Feb 07, China National Petroleum has recently declared Force Majeure on gas imports. They are trying to create a breathing room for their foreign exchange reserves shortage. China's foreign exchange reserves fell to mere USD $3.1 trillion in Oct. 2019. On the same day, Bloomberg reported that PetroChina has directed employees in 20 countries to buy N95 face masks and send them home in China. The goal is to get 2 million masks shipped back. You can also find YouTube videos that show Overseas Chinese are scouring the masks at the Home Depot to ship them to China (the video in Korean). Also Chris Smith is pissed. On Feb 09, Trump renews his national emergency on its southern border, and Elizabeth Goitein from the Brennan Center for Justice, published an opinion article on New York Times titled "Trump Has Abused This Power. And He Will Again if He’s Not Stopped." On Feb 10, Dr. Tedros said that an advance three-person team of the WHO arrived in Beijing for a joint mission to discuss with Chinese officials the agenda and questions. Then, the joint mission of about 10 international experts will soon follow, he said. — Those WHO experts ended up visiting Chinese epicentre for the first time on Feb 24. On Feb 12, the US targets Russian oil company for helping Venezuela skirt sanctions. The US admin seemingly tried to secure leverage against Russia after noticing something suspicious was up. On the same day, Trump told Reuters "I hope this outbreak or this event (for the US) may be over in something like April." — Dr. Zhong Nanshan (钟南山), China's top tier SARS-hero doctor, also said "the peak of the virus (for China) should come in mid to late February, followed by a plateau or decrease," adding that his forecast was based on on mathematical modelling and data from recent events and government action. On Feb 13, Tom Frieden who is a former US CDC chief and currently the head of public health nonprofit Resolve to Save Lives, said:
As countries are trying to develop their own control strategies, they are looking for evidence of whether the situation in China is getting worse or better. [But] We still don't have very basic information. [since the WHO just entered China] We hope that information will be coming out.
On the same day, the CDC reports that the 15th case in the US was confirmed. The patient was a part of group who were under a federal quarantine order at the JBSA-Lackland base because of a recent trip to Hubei Province, China. By Feb 13, China hasn't accepted the US CDC's offer to send top experts, and they haven't released the "disaggregated" data (specific figures broken out from the overall numbers) even though repeatedly been asked. On Feb 14, CCP's United Front posted an article on its official website, saying (Eng. text by Google Translation):
Fast! There is no time difference to raise urgently needed materials! Some Overseas Chinese have used their professions in the field of medicine in order to purchase relevant materials Hubei province in short of supply (to send them to China). .... Some Overseas Chinese took advantage of the connection resources, opened green transportation channels through our embassies and consulates abroad, and their related enterprises, and quickly sent large quantities of medical supplies (to China), making this love relay link and cooperation seamless.
On Feb 18, Reuters reports that 3M is on the list of firms eligible for China loans to ease coronavirus crisis.
There is no indication from the list that loans offered will necessarily be sought, or that such firms are in any financial need. The Bank of Shanghai told Reuters it will lend 5.5 billion yuan ($786 million) to 57 firms on its list.
On Feb 21, Xi Jinping writes a thank-you letter to Bill Gates for his foundation’s support to China regarding COVID-19 outbreak. On Feb 24, China was rumoured on Twitter to delay the phase one trade deal implementation indefinitely which includes the increase of China's purchasing American products & services by at least $200 billion over the next two years. Also on Feb 24, S&P 500 Index started to drop. Opened with 3225.9 and closed 3128.2. By the Mar 23, it dropped to 2208.9. Also on Feb 24, China's National Health Commission says the WHO experts have visited Wuhan city for the first time, the locked-down central Chinese city at the epicentre, inspecting two hospitals and a makeshift one at a sports centre. On Feb 26, IF the picture that has been circulated on Twitter were real, then chief Chen Wei and her team have developed the first batch of COVID-19 vaccine within time frame of a month. On the same day, the CDC's latest figures displays 59 people in the US who have tested positive for COVID-19. Also on Feb 26, the Washington Post published an article that says:
.... the WHO said it has repeatedly asked Chinese officials for "disaggregated" data — meaning specific figures broken out from the overall numbers — that could shed light on hospital transmission and help assess the level of risk front-line workers face. "We received disaggregated information at intervals, though not details about health care workers," said Tarik Jasarevic of the WHO. — The comment, in an email on Feb 22 to the Post, was one of the first instances that the WHO had directly addressed shortcomings in China's reporting or handling of the coronavirus crisis.
On Feb 27, after missteps, the CDC says its test kit is ready and the US started to expand testing. On Feb 28, China transferred more than 80,000 Uighurs to factories used by global brands such as Apple, Nike, & Volkswagen & among others. Also on Feb 28, the WHO published the official report of the WHO-China joint mission on coronavirus disease 2019. (PDF) On Feb 29, quoting Caixin media's investigation published on the same day, Lianhe Zaobao, the largest Singapore-based Chinese-language newspaper, published an article reporting the following:
Dr. Li Wenliang said in the interview with Caixin media; [in Dec 2019] another doctor (later turned out to be Dr. Ai Fen) examined and tried to treat a patient who exhibited SARS-like symptoms which akin to influenza resistant to conventional treatment methods. And "the family members who took care of her (the patient) that night also had a fever, and her other daughter also had a fever. This is obviously from person to person" Dr. Li said in the interview."
------------------------ On Mar 01, China's State Council super tighten up their already draconian internet law. On the same day,Princelings published an propaganda called "A Battle Against Epidemic: China Combating COVID-19 in 2020" which compiles numerous state media accounts on the heroic leadership of Xi Jinping, the vital role of the Communist Party, and the superiority of the Chinese system in fighting the virus. Starting on Mar 03, the US Fed has taken two significant measures to provide monetary stimulus. It's going to be no use as if a group of people with serious means are manipulating the markets to make sure MM will have liquidity concerns when they need it most. On Mar 04, Xinhua News, China's official state-run press agency posted an article "Be bold: the world should thank China" which states that
If China retaliates against the US at this time, it will also announce strategic control over medical products, and ban exports of said products to the US. ... If China declares today that its drugs are for domestic use only, the US will fall into the hell of new coronavirus epidemic.
On Mar 05, Shanghai Index has recovered the coronavirus loss almost completely. On Mar 07, Saudi's Ahmed bin Abdulaziz and Muhammad bin Nayef were arrested on the claims of plotting to overthrow King Salman. — Ahmed bin Abdulaziz is known to have very tight investment-interest relationship with Bill Gates, Bill Browder, Blackstone, & BlackRock: One common factor that connects these people is China. On Mar 08, the Russia–Saudi oil price war has begun. The ostensible reason was simple: China, the biggest importer of oil from Saudi and Russia, was turning back tankers while claiming that the outbreak forced its economy to a standstill. On Mar 10, the Washington Post published the article saying that the trade group for manufacturers of personal protective equipment urged in 2009 "immediate action" to restock the national stockpile including N95 masks, but it hasn't been replenished since. On Mar 11, the gentleman at the WHO declares the coronavirus outbreak a "Global Pandemic." He called on governments to change the course of the outbreak by taking "urgent and aggressive action." This was a full twelve days after the organization published the official report regarding the situation in China. On Mar 13, the US admin declared a National Emergency and announced the plan to release $50 billion in federal resources amid COVID-19. Also on Mar 13, China's Ministry of Commerce states that China is now the best region for global investment hedging. On Mar 15, Business Insider reports that Trump tried to poach German scientists working on a coronavirus vaccine and offered cash so it would be exclusive to the US. The problem is the official CureVac (the German company) twitter account, on Mar 16, 2020, tweeted the following:
To make it clear again on coronavirus: CureVac has not received from the US government or related entities an offer before, during and since the Task Force meeting in the White House on March 2. CureVac rejects all allegations from press.
On Mar 16, the fan club of European globalists has published a piece titled, "China and Coronavirus: From Home-Made Disaster to Global Mega-Opportunity." The piece says:
The Chinese method is the only method that has proved successful [in fighting the virus], is a message spread online in China by influencers, including many essentially promoting propaganda. ... it is certainly a message that seems to be resonating with opinion leaders around the world.
On the same day, unlike China that had one epicentre, Wuhan city, the US now overtakes China with most cases reporting multiple epicentres simultaneously. Also on Mar 16, the US stocks ended sharply lower with the Dow posting its worst point drop in history. But some showed a faint hint of uncertain hope. On Mar 17, according to an article on Chinese version of Quora, Zhihu, chief Chen Wei and her team with CanSino Biologics officially initiated a Phase-1 clinical trial for COVID-19 vaccine at the Wuhan lab, Hubei China, which Bloomberg News confirmed. — Click HERE, then set its time period as 1 year, and see when the graph has started to move up. Also on Mar 17, China's state media, China Global TV Network (CGTN), has produced YouTube videos for Middle Eastern audiences to spread the opinion that the US has engineered COVID-19 events. Also on Mar 17, Al Jazeera reported that the US President has been criticized for repeatedly referring to the coronavirus as the "Chinese Virus" as critics saying Trump is "fueling bigotry." • China's Xinhua News tweeted "Racism is not the right tool to cover your own incompetence." • Tucker Carlson asked: "Why would America's media take China's side amid coronavirus pandemic?" • Also, Mr. Bill Gates: "We should not call this the Chinese virus." On Mar 19, for the first time, China reports zero local infections. Also on Mar 19, Al Jazeera published an analysis report, titled "Coronavirus erodes Trump's re-election prospects." On Mar 22, Bloomberg reports that China's mobile carriers lost 21 million users during this pandemic event. It's said to be the first net decline since starting to report monthly data in 2000. On Mar 26, EURACTV reports that China cashes in off coronavirus, selling Spain $466 million in supplies. However, Spain returns 9,000 "quick result" test kits to China, because they were deemed substandard. — Especially the sensibility of the test was around 30 percent, when it should be higher than 80 percent. ------------------------ On Apr 03, Germany and other governments are bolstering corporate defenses to address worries that coronavirus-weakened companies could be easy prey for bargain hunting by China's state owned businesses. On Apr 05, New York Times says "Trump Again Promotes Use of Unproven Anti-Malaria Drug (hydroxychloroquine)." On Apr 06, a Democratic State Rep. Karen Whitsett from Detroit credits hydroxychloroquine and President Trump for "saving her in her battle with the coronavirus." On Apr 07, the US CDC removed the following part from its website.
Although optimal dosing and duration of hydroxychloroquine for treatment of COVID-19 are unknown, some U.S. clinicians have reported anecdotally different hydroxychloroquine dosing such as: 400mg BID on day one, then daily for 5 days; 400 mg BID on day one, then 200mg BID for 4 days; 600 mg BID on day one, then 400mg daily on days 2-5.
------------------------ ☞ If there were ever a time for people not to be partisan and tribal, the time has come: We need to be ever vigilant and attentive to all kinds of disinformation & misinformation to see it better as well as to be sharp in our lives. — We really do need to come together. ☞ At first, I was going to draw up a conspiracy theory-oriented list focused on Team-Z, especially Mr. Gates. However, although it's nothing new tbh, recently many chats and discussions seem overflowing with disinformation & misinformation which is, in my opinion, particularly painful at a time like this. Hence, this post became a vanilla list that's just recorded the notable events. — We all are subject to misinformation, miscalculation, and misjudgment. But the clearer the picture becomes the better we can identify Funkspiel. ------------------------ ☞ Immediate Aftermath pt.2.a ------------------------ ☞ Feasible Timeline of the Operation ------------------------ ☞ Go Back to the Short Story. ----
Cases Displaying the Recent Climate of Chinese Economy
This is just a plain list that records the notable cases about China's recent economic woes. China is rumoured to delay indefinitely its US-China phase one trade deal (fact sheet PDF) implementation that includes the increase of China's purchasing American products & services by at least $200 billion over the next two years, which is almost twice the size of what China purchased before the trade war began. Okay. And according to Tianyancha (天眼查), Chinese commercial database that compiles public records; more than 460,000 companies in China closed permanently in Q1 2020, with more than half of them having operated for under three years. [LINK] Of course, this is mainly caused by the COVID-19 pandemic. However, what's interesting to me is the following part: "more than half of them having operated for under three years." What happened three years ago? Once you figure out how big the trade war has played in China's recent economic woes (the article samples listed below may help), the real question is whose investment or money in China was getting destroyed especially for the last three years. Other than the article samples listed below, two other data elements that would need to be assessed are: 1) financial loss from the US' blocking Huawei mobile OS & 5G and 2) financial loss from BRI projects. With CCP, who has been working with Huawei as a team for a long time?    ........................................ ☞ Tale of How Shanghai clique and Prominent Globalists Got Together. ........................................ Sep 09, 2015 -- Fortune Reports: The real ticking time bomb in China’s economy[LINK] "[China's] Local governments have borrowed this money with the blessing of China’s central government. In fact, China’s much-lauded $570 billion stimulus package in 2008, which dwarfed the American response to its crisis relative to each country’s respective GDP was funded mostly by local government debt. That program helped power China’s economic growth since 2008, but the dividends are now drying up. As Chinese growth slows, the central government is worried about the local governments’ abilities to finance the debt. China could continue to kick the can down the road by bailing out its insolvent local governments. But this would run counter to President Xi Jinping’s efforts to curb the power of local officials and shift China’s growth model from investment led to consumption led. Last week, Beijing placed a $16 trillion yuan cap on Chinese government debt, up $600 million yuan from a cap it set last year. And this is after the government has been swapping debt with local governments, buying up real estate-financed local debt in place of government debt officially backed by the Chinese government." Aug 24, 2016 -- SCMP: Wanted posters for fugitive debtors and runaway bosses symptoms of China’s economic woes[LINK] "In the first seven months of this year, there were 38 instances of default by 18 bond issuers on the mainland, six of them SOEs. The defaults involved 24.8 billion yuan, more than double the total for the past two years combined. And while only a third of issuers in default this year were SOEs, they accounted for about two-thirds of the amount in default." Jul 12, 2017 -- The Nikkei Reports: China government auditor flags dodgy books at key state companies[LINK] "China's National Audit Office) delved into financial statements from 20 of the 101 state enterprises directly controlled by the central government, focusing on filings from the year 2015. The records are notoriously difficult for outsiders to access, as many of the companies are core unlisted units of major state-backed business groups. Improprieties were unearthed at 18 of the 20, including 200.1 billion yuan ($29.4 billion) in revenue inflation over the last several years and roughly 20.3 billion yuan in improperly booked profit. Culprits included China National Petroleum, one of the country's largest oil producers; China National Chemical, or ChemChina, which recently acquired Switzerland's Syngenta, the world's top maker of agrochemicals; and China Baowu Steel Group." ........................................ 2018 ........................................ Jul 16: China’s $42-Trillion Debt Bubble Looms Larger than Trade War [LINK] Oct 10: Financial woes build for HNA Group, forcing sale of subsidiaries and property [LINK] ........................................ 2019 ........................................ Jan 25: Sinopec Says It Lost $688 Million on ‘Misjudged’ Oil Prices [LINK] Jun 11: China’s debt disease might wreck its uncrashable housing market [LINK] Jul 18: More than 50 companies reportedly pull production out of China due to trade war [LINK] Jul 19: China Minsheng Investment says it cannot repay the principal and interest on US$500 million of bonds as its debt woe deteriorates [LINK] Sep 06: China Injects $126 Billion Into Its Slowing Economy [LINK] Oct 06: China's foreign exchange reserves fallen to mere $3.1 trillion USD [LINK] Nov 06: China Embraces Bankruptcy, U.S.-Style, to Cushion a Slowing Economy [LINK] Nov 25: China Faces Biggest State Firm Offshore Debt Failure in 20 Years [LINK] Nov 28: Chinese navy set to build fourth aircraft carrier, but plans for a more advanced ship are put on hold [LINK] Dec 02: Tech Firm Peking University Founder Welches on USD 284 Million SCP, Has USD 43 Billion Debt [LINK] Dec 02: Sinopec Group Slims Down Amid Push to Reinvigorate State Firms [LINK] Dec 13: Fact Sheet: Agreement Between The United States Of America And The People’s Republic Of China Text [PDF LINK] Dec 19: Money has been leaving China at a record rate. Beijing is battling to stem the tide [LINK]
Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That's bad news for China, which needs to keep financial reserves high to maintain confidence in its markets.
........................................ 2020 ........................................ Feb 03: Coronavirus May Delay Hard-Fought U.S. Trade Wins in China [LINK] Feb 16: China's Evergrande to offer 25% discount for all properties on sale in Feb, March [LINK] Apr 02: Luckin Coffee stock tanks 80% after discovery that COO fabricated about $310 million in sales [LINK] Apr 08: Chinese e-learning king TAL Education admits inflated sales [LINK]
Chinese law prohibits Chinese companies from submitting to normal U.S. auditing standards, and four Senators have already introduced a bill requiring them to do so. Should Trump be reelected ... either Beijing will relent on auditing standards or Chinese firms may start to face U.S. delisting threat.
------------------------ ☞ Go Back to the Short Story. ----
Top 3 Home Business Opportunities that Actually Works!
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A Short Story that Describes Imaginary Events and People of Worldwide Calamities and the Aftermath (the 2nd Edition)
The following story, all names, characters, and incidents portrayed in this post are fictitious. No identification with actual persons (living or deceased), places, buildings, and products is intended or should be inferred. However, the LINKS to real-life events and inspiring sources are placed here and there throughout the story. -------- Truth is the Only Light -------- INTRO ☞ [As of 2019] there are plenty of reasons to think the Chinese system will implode spectacularly without Japanese feeling the need to do a thing. — Peter Zaihan, Disunited Nations (Mar 03, 2020) It's apparent that two nations have been engaged in a high-stakes military & economy arms race. The current US admin has been hitting China with waves of tariffs, but that was merely a small part of what's actually going on.         On Oct 11, 2019, when they reached a tentative agreement for the first phase of a trade deal, the fact that China made the concession actually made my jaw drop. From where I sit, it was a worrisome scene. Aren't people saying, when challenging situations are bottled up, they will just grow and mutate into another terrible complications? Admittedly I was not certain how they are going to adhere to the agreement: It left most of the US tariffs (on China's exports) in place, and at the same time, came with an additional USD $200 Billion burden for China over the next two years. This agreement might seem a bit insignificant, but now China would need to purchase almost twice the size of the US products & services they did before the trade war began. With their current economic climate? I murmured, "No way." While watching Trump brag and boast around with said agreement, I expected China would soon come out and fling some improvised excuses in order to delay the document-signing process. It wouldn't be their first time. More importantly, even if China does so, there wouldn't be many (real) counterattack options left for the Trump admin during this year, the US presidential election year. Then, on Jan 16, 2020, the world’s two largest economies actually signed a partial trade agreement aimed at putting the brakes on an 18-month trade war. China would almost surely not sit down but come back to bite, I thought. Enter the worldwide chaos following so called the COVID-19 outbreak. -------- BACKGROUND ☞ Globalists have been heavily investing in China's economy and its components overseas. • Here are a couple of well known names: the Great Old One; George Soros; Koos Bekker; and Bill Gates. • For the sake of convenience, from here on, let's call these globalists, who are foreign investors in China's top tier state-owned/sponsored/controlled enterprises, Team-Z. • Team-Z has adopted big time lackeys like Henry Kissinger or small time ones like Larry Summers, Stephen Hadley, or Bill Browder as matchmakers to court Team-Z for China's top tier enterprises. When Israel's highest echelons chimed in, it has been through Israeli IT companies and the BRI projects. • Naturally, multinational investment banks have also been employed; such as Morgan Stanley, Goldman Sachs, Royal Bank of Scotland (RBS), UBS Group AG (formerly Union Bank of Switzerland), Blackstone Group, Canaccord Genuity, BlackRock, Hermitage, or Mirae Asset. ☞ Note: The Great Old One didn't use any matchmakers, something peasants would need. Because the Great Old One's power level is over 9000. • China's Shanghai clique used to keep the nation's state-sponsored enterprises under their firm grip: Enterprises such as Alibaba Group, Tencent, Baidu, Wanda Group, HNA Group, Anbang Group, Evergrande Group, CEFC Energy and Huawei, all of which Team-Z has massively invested in. • Here is how Shanghai clique and Team-Z, esp. Bill Gates, started to get together:[LINK] • However, in the name of anti-corruption campaign, Xi Jinping & his Princelings have been taking those businesses away from Shanghai clique's hand, and transforming those state-sponsored private enterprises into the state-owned enterprises, declaring the 國進民退 movement. • Slaying Shanghai clique's control =       • 國進民退 + Slaying Shanghai clique's control = [A] [B] [C] • Xi's reign didn't arrive today without challenges though: the BRI projects' poor outcome has frustrated Israel's great expectations. And since the US-China trade war has started, the problems of China's economic systems started to surface, not to mention China's economy has long been decaying. • Coupled with the US-China trade war, the current US admin has been trying to block Huawei from accessing the international financial systems that the US can influence, as well as the US banking systems. This is a good time to remind you again that Bill Gates has had a very close-knit relationship with Huawei. -------- TRADE WAR & INTERNET-BASED COMPANIES ☞ It's the trade war, but why were internet-based companies such as Tencent and Baidu suffering losses? Answer: The state-sponsored companies like Tencent, Baidu, or Huawei have heavily invested in international trade and commodity markets, which are easily influenced by aspects that IMF interest rates, the US sanctions, or trade war can create. Example: Let's say, Tencent invests in a Tehran-based ride-hailing company. Then, through said ride-hailing company, Tencent invests in Iran's petroleum industry. Now, China's most valuable IT company is in international petrochemical trade. The business is going to make great strides until the US imposes trade embargoes oand economic sanctions against Iran. -------- TL;DR China's economy going down = Team-Z losing an astronomical amount of money. ★ Wednesday, Sep 26, 2018 ★ "Gentlemen, you guys might want to do something before it's too bloody late, no? Hisspeechlast night was .... (sniggers) Mr. Gates, now is as good a time as any. Mr.Soros, hm, don't look at melikethat." ".... But," "Yes, Mr. Soros, yourHNAis going down, too. .... Ah,Schwarzmanxiansheng, we're very sorry to learn about Blackstone'sIran&SinopecChinasituation. So, we're guessing, you'd be happy to join Mr. Gates's operation, yes? Of course, We already contactedKissingerxiansheng. ....Okaythen,Gentlemen?" • Now you can take a guess why George Soros has recently been sending out confusing messages regarding Xi Jinping. • Wait, how about Wuhan Institute of Virology? Doesn't this story concern the COVID-19 outbreak? Is the Wuhan Institute also associated with Shanghai clique? Yes, indeed. Here's How Wuhan Institute of Virology and Shanghai Clique are related:[LINK] -------- EIGHT OBJECTIVES ☞ Calling for the tide to be turned, Team-Z and Shanghai clique started to devise the plan. The objectives are: ① By shutting down international trade, crashing world economy, and exploiting its aftermath, the plan should produce an outcome letting Team-Z earn back their loss from the trade war & the US sanctions, and collect additional profits from China's BRI projects & stock markets worldwide, including the US stock markets. • Don't forget this: This point number ① also concerns the developing nations on the BRI with the large deposits of natural resources that Team-Z has invested in through China. If everything comes together nicely, Team-Z will pick up trillions of dollars from those nations alone as if they are light as a feather. Ironically this will reinforce the BRI project governance and mitigate fraud & corruption risks inherent to the international development projects. ② By utilizing the aftermath in the US, a new US administration consisted of pro-Beijing personnels should be fostered at the 2020 election. In a worst-case scenario, the aftermath should be abused enough to make Robert Lighthizer to leave the admin. Mr. Mnuchin could stay. ③ Sometime next year, the phase one trade deal must be reassessed with the new US admin. The reassessment should help China take the upper-hand at the second phase trade talk. ④ The pandemic crisis should yield a situation which allows China to delay the payments for its state-firm offshore debts. With the point number ①, this will give China a breathing room to manage its steadily-fallen forex reserves. ⑤ Since their current turf (in China) is education industry & medical science industry, Shanghai clique will have no issue with earning hefty profits by managing China's export of medical equipments & health care products which can be supplied worldwide mainly by China. People in the west will bent the knees for the clique's support. ☞ Regarding Jiang Zemin's son and medical science industry in China [LINK] ⑥ The outcome should weaken Xi & his Princelings' political power considerably in favour of Shanghai clique & Team-Z. This will let Jiang's Shanghai clique (A) reclaim some of political status & business interest controls they have lost to Xi & his Princelings. • And once this point number ⑥, with the point number ② , is realized, it would be much easier for the clique to (B) recover their huge assets hidden overseas that the current US admin or Xi & his Princelings have frozen. ⑦ Combining good old bribery with sex, the outcome should support China to re-secure control over the US governors. Once the plan is executed successfully, those governors would desperately need solutions to local economic problems and unemployment. ⑧ Lastly, implementing an e-ID system in the US similar to Beijing's Alipay and WeChat could be the cherry on top of the operation's entire outcomes. Who's supporting such a system worldwide? None other than Microsoft and Rockefeller Foundation. ಠ_ಠ -------- OLD COMRADE BECOMES A NEW RECRUIT ☞ They were afraid more talents were needed. The main target was the world’s largest economy with the most powerful military capability, after all. They ended up asking Mr. Fridman to see Lord Putin about that. The old Vova was going through a lot nowadays, people said. It could be because his nation's energy business to Europeseems to be hitting wall after wall. He is said to have enough on his plate with no end in sight, so maybe he'll join. ★ Monday, Jan 15, 2018 ★ "(pours a drink for himself) I know, but. ... What would happen if Bashar falls? How long you think you can keep it up? .... Erdogan is many things (sniggers) but he's nevergentle. (sips his drink slowly) WhenBenji'sEastMed Pipeline starts to actively compete, then what? They got the Chinamoneynow. ....Vagitand his buddies will be very unhappy. You know that. Not great, Vova." "...." "Ah, you mean what are we going to do? Hm? Hm. I'll tell you what we're going to do. This time, we're going to bankrupt the US shale gas sector. Then, of course, we can maybe convince Benji to take their time with the pipeline. Perhaps for good. (sips his drink slowly) Don't worry, Vova, It'll work. You worry too much. We'll come out the other side stronger." "So, how long until they set it off? "Hahaa, yes. They'll soon put all things in place. While marching in place, they'll play the tune a couple of months before the next sochelnik." "Nearly 20 months to brace things here, then?" "(nod slowly in happiness) Hm. Оторви́сь там, оттопы́рься, Vova" -------- USEFUL IDIOTS ☞ When the directive came, these idiots answered claiming they would be gladly "on it." All in the name of rejuvenating China's economy without grasping the real objective prevailing throughout the entire operation. Thing is, they would never realize what they are to Team-Z & their Asian overlord until it’s too late. Who are they? It's A and B, not A or B: (A) the American corporations that are too big to fail and have suffered a considerable loss because of the US-China trade war. Among those corporations, (B) the ones that have been structured with massive interest-profit relationships in/with China. "We need China in order for the US as a nation to continue being prosper," they've been shouting. No surprise there, because they've enjoyed the strides of extraordinary profits over the years while the US middle class has continued to shrink. But, in 2019 when China's stock markets nosedived for the first time since 2015 and China's authorities in financial stability & resiliency fumbled their response; it wiped that smile off their face. Still, they'll keep behaving not to offend their Asian overlord, nonetheless. -------- PERFECT PLAN ☞ Many crucial components had to come into play all at once in order to cause World War I. If one of the components were missing or different, it is unlikely that the World War I as we know of could be produced. ① The US in 2019: Overbought bubbles + Over borrowed corporations ② The US in 2020: It's an Election Year. ③ Russia has been dumping US Treasuries for the past few years. ④ Russia has been hoarding golds as if they were recreating Inca Empire. ⑤ China in 2019: Immense & long term financial troubles has started to surface. ⑥ China in 2020: The phase-one deal has been signed; leaving most of tariffs on China intact and adding another $200 Billion burden for China. ⑦ Team-Z sets up a situation in the US where some event(s) would freeze the US supply chains & demand for the next three to ten months. • Just like the 9/11, the event will be initiated at the clique's own region. However, unlike in China, the US will report multiple epicentres simultaneously. • And the CDC and the US medical task force will carry on with a number of sabotage acts, to secure enough time for the infected yet untested in those US epicentres to spread plenty.    • Here's a feasible timeline of the operation. ⑧ Then, the BOOM: Team-Z (a) manipulates the markets to make sure MM will have liquidity concerns (b) when they need it most. The (c) bottomed out oil price will be an enforcement, which will also wreck the US energy sector as a kicker. The (d) WHO will also join as a disinformation campaign office. • Then a couple of big name investment managers will lead a movement that (will try to) bring back foreign money back to China.   • Meanwhile, in US, the disinformation campaign will continue to be pushed until the second wave of attack arrives. -------- MEASURABLE SHORT-TERM OUTCOME ☞ We're now going through World War III. The global structure laid down by World War II had been shaken by globalization and the rise of China. This pandemic event will shock the structure further. Human history will be divided into Before 2021 and After 2021. ① Outcome pt. 1: Immediate Aftermath [pt.1] [pt.2] ② Outcome pt. 2: The US economy goes deep dive along with world economy, and the only thing Team-Z has to do is to exploit the aftermath which has been thoroughly calculated and eagerly anticipated. — Favoured assessment: There won't be a V curve ever, unless drastic measures taken within the timeframe of four months. Unprecedented market crash, the rapid unemployment acceleration because of the supply-chain shut down, and the near-death security which in turn forces consumer confidence to plummet. We're looking at a super long L shape curve unless the US prepares fast for the second wave of their asymmetric warfare. ③ Outcome pt. 3: Arguably the most important outcome. — Because of the unprecedented shutdown of international trade, the nations heavily rely on exporting natural resources will face the extreme financial threats. What if some of those are emerging markets AND massively in debt to China? What do you think China would do to said nations while the aftermath is hitting the globe hard? [PDF] Something comparable to Latin American Debt Crisis will happen. ④ Outcome pt. 4: Not that significant compared to the others but still notable outcome. — The world will need Shanghai clique's help to get medical products and equipments. -------- WHAT'S NEXT? ☞ Several analysts have discussed off the record that next it'd be a proxy warfare not using armed conflicts but with spreading a galaxy of counterfeit-currency across every possible channels. Coincidently, on Dec 13, 2017, Business Insider reported in an article "A $100 counterfeit 'supernote' found in South Korea could have been made in North Korea" that:
"It was the first of a new kind of supernote ever found in the world," Lee Ho-Joong, head of KEB Hana Bank's anti-counterfeit centre told Agence France-Presse.
Reporting the same news, The Telegraph published an article on Dec 11, 2017:
"It seems that whoever printed these supernotes has the facilities and high level of technology matching that of a government", said Lee Ho-jung, a bank spokesman from KEB Hana Bank in South Korea. "They are made with special ink that changes colour depending on the angle, patterned paper and Intaglio printing that gives texture to the surface of a note".
Heyo folks! Want to get off the COVID-19 news cycle? Hop onto the Parachute express. Here’s your week at Parachute + partners (20 Mar - 26 Mar'20): Doc Vic hosted a CoD Mobile Battle Royale in the Parachute War Zone while Alejandro hosted a gun mode flash game followed by a free for all flash game. The PAR4PAR raffle continues too. Get on in the action to win some cool $PAR just for HODLing. Afful held a trivia in TTR for 1k $PAR in prizes per question. While Gamerboy’s history trivia in tiproom was a ton of fun, Charlotte’s math quiz bamboozled everyone. Foo held a blink-and-you-miss Parena this week. Gian’s Two-for-Tuesday was a welcome respite in these testing times with Parachuters invited to post music from their home countries. Sebastian, like always, was a Godsend for setting up a playlist of all the posts. For #wholesomewed, Parachuters looked for "the most ridiculous item for sale of Amazon". Haha! The wackiest #wholesomewed entries from Streamr, Franklin and Christian (L-R) Click here to watch this week’s aXpire update video. For the weekly token burn, 20k $AXPR was sent to the Ethereum Genesis Address. 2gether has observed a 236% rise in crypto purchases during the COVID-19 crisis period. Results of these findings were published on Cointelegraph as well as shared in a video by YouTuber Tiziano Tridico. Bounty0x Telegram community members were in for a treat this week. The project partnered with Unstoppable Domains to offer a free .crypto domain to everybody who followed the instructions here. Switch published their latest product update this week. Click here to read about Fantom’s views on regulations and expansion plans in Korea. The latest technical update was published as well. Following the project’s partnership with Band Protocol which was announced last week, the two teams got together for an AMA this week. Plus, congrats on reaching 1Bn staked $FTM! A brand new API was released so that it could keep up with the chain followed by the release of its chain explorer – Fantom Vision. Uptrennd founder Jeff Kirdeikis hosted a community AMA to take feedback on how to improve the platform. Jeff also wrote about the markets and how they have affected Uptrennd amidst the COVID-19 situation. And congrats on the merch shop. Get your Uptrennd gear, folks! Digibyte won the public vote which started last week to select a project for a free free review + marketing package from Uptrennd. The report will be published next week. Entries for the Article of the Month contest ended this week with a public vote to adjudge the best. CyberFM suspended all On-Air advertising this week to be replaced by public service announcements and free advertising for small local businesses. That is a big jump indeed Harmony’s #pow thread is a detailed summry of the individual-level work of all team members over the last week. The weekly video digest can be seen here. The crew also conducted a meetup over Zoom this week. Validators, delegators and stakers have their own chat room now as well. The winners of the $ONE trading competition on ViteX started few weeks back were announced this week. Privacy protocol Suterusu partnered with Harmony to add new privacy features to the $ONE blockchain. $ONE got listed on SimpleSwap. Mainnet swap was completed on HitBTC. Did you know it would less than a minute to recover your node after a network hard reset? Check out this video to see for yourself. Plus, a demo of how cheap a transaction can be showed you could do almost a thousand transactions with 1 $ONE. The project also joined hands with several other blockchain companies to contribute computing power for COVID-19 research through BOINC Network. Intellishare announced a deadline (24 Apr’20) with withdraw all funds from their website to prepare for an upgrade. GET Protocol CEO Maarten Bloemers wrote penned his thoughts on the present COVID-19 crisis and how the platform is coping with it. Despite the lockdown, the team’s “spirits” continue to remain high. Get it, get it? Haha. As the Q1 2020 burn report gets close, the community got together to guess the burn amount to win some cool $GET tokens. THE $COTI top management were invited by Cardano this week to talk about payment networks. Following the claim reward option released last week, the unstake option was also made available to stakers on the mainnet wallet starting this week. A new upgrade was made to the transaction distribution algorithm to ensure fair chance to all participating nodes in the network. For the latest project status report, click here. Plus, congratulations on the new funding round. $ETH HODLers, you might want to check your wallets. DoYourTip airdropped 20 $DYT tokens to each wallet that held some ParJar supported tokens this week. New unstake option in the COTI mainnet wallet This week’s District0x Dapp Digest had former professional basketball player and founder of DAOhub Auryn Macmillan as an interviewee. The District Weekly covers the last 7 days in the District0xverse. Hydrogen announced an integration with KYC provider Trulioo this week. The project was also mentioned in a Forbes article listing fintechs that were offering free technology in the COVID-19 crisis. Thinking of building a fintech app? The crew explained what it takes to make one in their latest blog post. Crypto chartist Stacking USD announced a partnership with Sentivate where he will be creating curated $SNTVT-focused content. Still haven’t seen Sentivate’s social site? Check out the FAQs to learn more. BitForex partnered with Mycro to have their latest campaign on the Mycro Hunter App. SelfKey joined Blockfolio Signal this week. This allows them to share project updates as notifications with Blockfolio users. How could COVID-19 affect your data security? Read all about it in SelfKey’s latest blog post. Plus, tips for WFH (Work From Home) during the lockdown. WhiteBIT was added to the exchange marketplace this week. The team also answered some FAQs on the $KEY token and tokenomics. Additionally, the team wrote about how China’s Social Credit System would mean for the digital identity ecosystem. KuCoin announced support for Constellation’s $DAG mainnet swap. CEO Ben Jorgensen also shared some updates on the swap and onboarding node operators. Owing to the COVID-19 lockdowns, Wibson crew attended this week’s Ethereum Buenos Aires meetup on Zoom. And with that, it’s a close for this week at Parachute! See you again with another update. Bye for now!
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ALL YOU NEED TO LEARN TO TRADE FOREX - (Full Course in Description)
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