04.21.2005
1. Are You Thinking BIG Enough Yet ... ?
2. Organize, reorganize ...
3. Have you figured it out ... ?
4. Forex History
5. Making Trades
6. Thinking Ahead ...
7. Big Announcement ... ?
. . . . . . . . . . . . . . . . .
1. Are You Thinking BIG Enough Yet ... ?
An interesting thread in Parent Body, and I finally got to read it - for some reason twice I got message the thread did not exist. Persistence ! Thanks Emily and Sonia. Please do read the thread at:
http://it4us.net/forum/viewtopic.php?t=15701
The "big announcement" I will not get to read for a few days because ...
I will be in Portland tomorrow (Friday) and then, after Sunday I will be out of the office most of the week - back before the weekend ...
... so if you do not hear from me, that is why : )
Transporting my Dad from Walla Walla VA Hospital back to Hermiston, then getting him situated in assisted living environment ... until we decide what to do next ...
. . . . . . . . . . . . . . . . .
"You're not thinking big enough."
. . . . . . . . . . . . . . . . .
Well, I hope you are beginning to think bigger. I do hope so. There are possibilities ahead of us that none of us can quite yet imagine.
. . . . . . . . . . . . . . . . .
" A proactive person will place into motion the plan that they have by working it and doing it. There will be no procrastination and no laziness. Tomorrow is not allowed. No daydreaming allowed. You must work a plan without ceasing. "
. . . . . . . . . . . . . . . . .
2. Organize, reorganize ...
Right now we are in a sort of practice period. Either you are making your own deposits to IT or I am doing them while you monitor - either way you learn how simple the process really is. The hardest part of it is the waiting - 30 days minimum to maturity ... anticipating your money being doubled. Waiting too while your funds build - that is, if you start spending your earnings too soon, you slow the growth potential of what you have already in the system. Some patience now will be worth many more dollars to you later : )
Each maturity brings us closer to your having sufficient funds to draw a bit out to benefactor three others. Are you busy making new friends ? ...
qualifying them ?
. . . . . . . . . . . . . . . . .
3. Have you figured it out ... ?
$100 deposited to P2 right now, and redeposited ...
May - $200
June - $400
July - $800
August - $1600
September - $3200
October - $6400
November - $12800
December - $25600
... calculated by doubling each month, but your return is really more than double - 2 1/2 times amount of deposit ...
... assuming our benevolent government does not decide between then and now to "protect" us ... : )
... but where does the money come from ? How can this be legal ?
Note: The next two sections are not written by me. I do not know the author's name.
The source I believe is somewhere in this site:
http://www.currencysecrets.com/blog/2004/08/new-jazzed-up-web-site.html
. . . . . . . . . . . . . . . . .
4. Forex History
The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets. [Editor's note: I have seen $3 trillion. Will report more exact amount when I find authority.]
"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation.
For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, more than 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.
The FX market is considered an Over The Counter (OTC) or 'interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Trading is not centralized on an exchange, as with the stock and futures markets.
. . . . . . . . . . . . . . . . .
" The state of mind must be BELIEF, not mere hope or wish. Open-mindedness is essential for belief. "
. . . . . . . . . . . . . . . . .
5. Making Trades
Reading a foreign exchange quote may seem a bit confusing at first. However, it's really quite simple if you remember two things: 1) The first currency listed first is the base currency and 2) the value of the base currency is always 1.
The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to 120.01 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote we previously mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before.
The three exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). In these cases, you might see a quote such as GBP/USD 1.4366, meaning that one British pound equals 1.4366 U.S. dollars.
In these three currency pairs, where the U.S. dollar is not the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal one pound, euro or Australian dollar. In other words, if a currency quote goes higher, that increases the value of the base currency. A lower quote means the base currency is weakening.
Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the same. For example, a quote of EUR/JPY 127.95 signifies that one Euro is equal to 127.95 Japanese yen. When trading forex you will often see a two-sided quote, consisting of a 'bid' and 'offer'. The 'bid' is the price at which you can sell the base currency (at the same time buying the counter currency). The 'ask' is the price at which you can buy the base currency (at the same time selling the counter currency).
. . . . . . . . . . . . . . . . .
6. Thinking Ahead ...
There is so much information to transmit and absorb. Am I giving you what you need ? My intention is to talk about what is needed as we progress - not to overload you with information.
Something I have not brought up until now ... but Arieh asked today, and you all want to know: "How can I withdraw it if possible in the future" ... ?
Yes ! It will be possible ! It is possible now ! ... but I do hope you will be patient and let those funds grow for a while.
When it is time, my personal choice is CacheCard - a Canadian based service that is relatively new, super responsive customer service:
http://cachecard.net/accounts/10601982106.html
Now, slow up a minute here. I am doing something I do not usually do - giving my personal URL ... so do not sign up just yet ! The reason I do not include my personal URLs here is that I want each of you to build your own downlines - not just have everyone sign up to mine ... which would be unfair IMO. I will explain why I am breaking my rule here thus:
Please review CacheCard at the site above to see if it will benefit you. CacheCard includes an affiliate opportunity as well as giving you a way to withdraw your funds anywhere in the world. The Silver Level is $29.95, which I may pay for you if you cannot afford it (limited) ... in which case you will need to sign up to my referral URL above. Otherwise, please contact your sponsor - sign up with your sponsor. If your sponsor will not use CacheCard, then contact me and we will make arrangements if you want CacheCard.
"Everyone who is conducting legal transactions is eligible for an account,
no matter where they live. I believe that your friend misunderstood.
Only US citizens may use their bank accounts, but everyone can use our
service. Non-US citizens can use money orders, their credit cards, money
orders and IntGold to fund their accounts. US citizens can withdraw money
to their US bank accounts, but others can withdraw money to their IntGold
accounts or to the card that they can purchase from us."
- CacheCard Customer Support
_
Sonia has tested OmniPay, which has very low fees. OmniPay will send you a check, which can be delivered FedEx or by First Class Mail.
http://www.omnipay.com/
No affiliate opp with OmniPay of which I am aware ... hope I did not miss something ...
Any comments or feedback you have about OmniPay or CacheCard I would be pleased to hear, and will share them with group if you so desire.
. . . . . . . . . . . . . . . . .
" In the Will, work and acquire, and thou hast chained the wheel of Chance, and shalt always drag her after thee. A political victory, a rise of rents, the recovery of your sick, or the return of your absent friend, or some other quite external event, raises your spirits, and you think good days are preparing for you. Do not believe it. It can never be so. Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles. "
- Ralph Waldo Emerson
. . . . . . . . . . . . . . . . .
7. Big Announcement ... ?
Watch Parent Body for the "big announcement" ... and you will all know it before me since I will be on the road. After my talk about how to withdraw your money when it is time ... you know what ?
The big announcement will probably include something about IT having its own debit card ! : )
Before I end this issue, may I remind you that to qualify in growcash you are asked to make sure your first and last name is in your profile. Please go now to: http://growcash.proboards19.com/
... log in, click on Profile in the top menu bar. There you will find that your username is already set, and you will find a space for your real name - where it says:
"Name: This is the displayed name that people will see."
Please enter at least your first and last name - middle initial is not necessary but you are welcome to include it. Then scroll down to find "Location:" and there enter your City, State or Province, and your Country. Time required: 2-3 minutes ... unless your computer is like mine : )
When you have completed that simple assignment you will be qualified to be benefactored in growcash. Until then ... well, you are not. Simple request, eh ?
Last issue I said: " I will explain why I am not sure about some of you ... " and there it is. My personal opinion is that if you are not willing or able to follow those simple steps we asked of you when you joined then I cannot know whether you are just visiting with us or if you truly want to participate - be active with us. A simple way to let us know is to enter your name and location. Please do it now.
A few of you are still not communicating, which leaves me still wondering about you ... are you okay ? You do have the option to request removal from our list and from our forum at any time you wish.
You all are to be complimented on one thing: So far we have had only one person spam the board. He has been removed ... since seems that was his only purpose being there. Thanks to you all.
We very much want you to stay and grow with us, but there are some few responsibilities that go with staying. If for any reason you do not want everyone to see your name, then you may contact me and if there is good reason, I am happy to work with you. There is one person among us whose first and last name are the same. Everyone else has a first and last name. Please enter them now.
If you do not want anyone to know where you are, the same is true. Just let me know - otherwise I am going to assume that you do not want to remain with our group.
Many of you are beginning to see what is ahead for us all as new possibilities are allowed to take shape in your mind - perhaps you see a new house of your own ! We can and will do so much more to help each other and to help those who will join us in days ahead.
Stay well. Take your time and plan well. Think of stories to tell your grandchildren. Until next time ...
2. Organize, reorganize ...
3. Have you figured it out ... ?
4. Forex History
5. Making Trades
6. Thinking Ahead ...
7. Big Announcement ... ?
. . . . . . . . . . . . . . . . .
1. Are You Thinking BIG Enough Yet ... ?
An interesting thread in Parent Body, and I finally got to read it - for some reason twice I got message the thread did not exist. Persistence ! Thanks Emily and Sonia. Please do read the thread at:
http://it4us.net/forum/viewtopic.php?t=15701
The "big announcement" I will not get to read for a few days because ...
I will be in Portland tomorrow (Friday) and then, after Sunday I will be out of the office most of the week - back before the weekend ...
... so if you do not hear from me, that is why : )
Transporting my Dad from Walla Walla VA Hospital back to Hermiston, then getting him situated in assisted living environment ... until we decide what to do next ...
. . . . . . . . . . . . . . . . .
"You're not thinking big enough."
. . . . . . . . . . . . . . . . .
Well, I hope you are beginning to think bigger. I do hope so. There are possibilities ahead of us that none of us can quite yet imagine.
. . . . . . . . . . . . . . . . .
" A proactive person will place into motion the plan that they have by working it and doing it. There will be no procrastination and no laziness. Tomorrow is not allowed. No daydreaming allowed. You must work a plan without ceasing. "
. . . . . . . . . . . . . . . . .
2. Organize, reorganize ...
Right now we are in a sort of practice period. Either you are making your own deposits to IT or I am doing them while you monitor - either way you learn how simple the process really is. The hardest part of it is the waiting - 30 days minimum to maturity ... anticipating your money being doubled. Waiting too while your funds build - that is, if you start spending your earnings too soon, you slow the growth potential of what you have already in the system. Some patience now will be worth many more dollars to you later : )
Each maturity brings us closer to your having sufficient funds to draw a bit out to benefactor three others. Are you busy making new friends ? ...
qualifying them ?
. . . . . . . . . . . . . . . . .
3. Have you figured it out ... ?
$100 deposited to P2 right now, and redeposited ...
May - $200
June - $400
July - $800
August - $1600
September - $3200
October - $6400
November - $12800
December - $25600
... calculated by doubling each month, but your return is really more than double - 2 1/2 times amount of deposit ...
... assuming our benevolent government does not decide between then and now to "protect" us ... : )
... but where does the money come from ? How can this be legal ?
Note: The next two sections are not written by me. I do not know the author's name.
The source I believe is somewhere in this site:
http://www.currencysecrets.com/blog/2004/08/new-jazzed-up-web-site.html
. . . . . . . . . . . . . . . . .
4. Forex History
The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets. [Editor's note: I have seen $3 trillion. Will report more exact amount when I find authority.]
"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation.
For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, more than 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.
The FX market is considered an Over The Counter (OTC) or 'interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Trading is not centralized on an exchange, as with the stock and futures markets.
. . . . . . . . . . . . . . . . .
" The state of mind must be BELIEF, not mere hope or wish. Open-mindedness is essential for belief. "
. . . . . . . . . . . . . . . . .
5. Making Trades
Reading a foreign exchange quote may seem a bit confusing at first. However, it's really quite simple if you remember two things: 1) The first currency listed first is the base currency and 2) the value of the base currency is always 1.
The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to 120.01 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote we previously mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before.
The three exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). In these cases, you might see a quote such as GBP/USD 1.4366, meaning that one British pound equals 1.4366 U.S. dollars.
In these three currency pairs, where the U.S. dollar is not the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal one pound, euro or Australian dollar. In other words, if a currency quote goes higher, that increases the value of the base currency. A lower quote means the base currency is weakening.
Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the same. For example, a quote of EUR/JPY 127.95 signifies that one Euro is equal to 127.95 Japanese yen. When trading forex you will often see a two-sided quote, consisting of a 'bid' and 'offer'. The 'bid' is the price at which you can sell the base currency (at the same time buying the counter currency). The 'ask' is the price at which you can buy the base currency (at the same time selling the counter currency).
. . . . . . . . . . . . . . . . .
6. Thinking Ahead ...
There is so much information to transmit and absorb. Am I giving you what you need ? My intention is to talk about what is needed as we progress - not to overload you with information.
Something I have not brought up until now ... but Arieh asked today, and you all want to know: "How can I withdraw it if possible in the future" ... ?
Yes ! It will be possible ! It is possible now ! ... but I do hope you will be patient and let those funds grow for a while.
When it is time, my personal choice is CacheCard - a Canadian based service that is relatively new, super responsive customer service:
http://cachecard.net/accounts/10601982106.html
Now, slow up a minute here. I am doing something I do not usually do - giving my personal URL ... so do not sign up just yet ! The reason I do not include my personal URLs here is that I want each of you to build your own downlines - not just have everyone sign up to mine ... which would be unfair IMO. I will explain why I am breaking my rule here thus:
Please review CacheCard at the site above to see if it will benefit you. CacheCard includes an affiliate opportunity as well as giving you a way to withdraw your funds anywhere in the world. The Silver Level is $29.95, which I may pay for you if you cannot afford it (limited) ... in which case you will need to sign up to my referral URL above. Otherwise, please contact your sponsor - sign up with your sponsor. If your sponsor will not use CacheCard, then contact me and we will make arrangements if you want CacheCard.
"Everyone who is conducting legal transactions is eligible for an account,
no matter where they live. I believe that your friend misunderstood.
Only US citizens may use their bank accounts, but everyone can use our
service. Non-US citizens can use money orders, their credit cards, money
orders and IntGold to fund their accounts. US citizens can withdraw money
to their US bank accounts, but others can withdraw money to their IntGold
accounts or to the card that they can purchase from us."
- CacheCard Customer Support
_
Sonia has tested OmniPay, which has very low fees. OmniPay will send you a check, which can be delivered FedEx or by First Class Mail.
http://www.omnipay.com/
No affiliate opp with OmniPay of which I am aware ... hope I did not miss something ...
Any comments or feedback you have about OmniPay or CacheCard I would be pleased to hear, and will share them with group if you so desire.
. . . . . . . . . . . . . . . . .
" In the Will, work and acquire, and thou hast chained the wheel of Chance, and shalt always drag her after thee. A political victory, a rise of rents, the recovery of your sick, or the return of your absent friend, or some other quite external event, raises your spirits, and you think good days are preparing for you. Do not believe it. It can never be so. Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles. "
- Ralph Waldo Emerson
. . . . . . . . . . . . . . . . .
7. Big Announcement ... ?
Watch Parent Body for the "big announcement" ... and you will all know it before me since I will be on the road. After my talk about how to withdraw your money when it is time ... you know what ?
The big announcement will probably include something about IT having its own debit card ! : )
Before I end this issue, may I remind you that to qualify in growcash you are asked to make sure your first and last name is in your profile. Please go now to: http://growcash.proboards19.com/
... log in, click on Profile in the top menu bar. There you will find that your username is already set, and you will find a space for your real name - where it says:
"Name: This is the displayed name that people will see."
Please enter at least your first and last name - middle initial is not necessary but you are welcome to include it. Then scroll down to find "Location:" and there enter your City, State or Province, and your Country. Time required: 2-3 minutes ... unless your computer is like mine : )
When you have completed that simple assignment you will be qualified to be benefactored in growcash. Until then ... well, you are not. Simple request, eh ?
Last issue I said: " I will explain why I am not sure about some of you ... " and there it is. My personal opinion is that if you are not willing or able to follow those simple steps we asked of you when you joined then I cannot know whether you are just visiting with us or if you truly want to participate - be active with us. A simple way to let us know is to enter your name and location. Please do it now.
A few of you are still not communicating, which leaves me still wondering about you ... are you okay ? You do have the option to request removal from our list and from our forum at any time you wish.
You all are to be complimented on one thing: So far we have had only one person spam the board. He has been removed ... since seems that was his only purpose being there. Thanks to you all.
We very much want you to stay and grow with us, but there are some few responsibilities that go with staying. If for any reason you do not want everyone to see your name, then you may contact me and if there is good reason, I am happy to work with you. There is one person among us whose first and last name are the same. Everyone else has a first and last name. Please enter them now.
If you do not want anyone to know where you are, the same is true. Just let me know - otherwise I am going to assume that you do not want to remain with our group.
Many of you are beginning to see what is ahead for us all as new possibilities are allowed to take shape in your mind - perhaps you see a new house of your own ! We can and will do so much more to help each other and to help those who will join us in days ahead.
Stay well. Take your time and plan well. Think of stories to tell your grandchildren. Until next time ...
posted by JamesB at 11:37 PM
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