Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Catalan Catalan Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Chinese (Traditional) Chinese (Traditional) Corsican Corsican Croatian Croatian Czech Czech Danish Danish Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Irish Irish Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sundanese Sundanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Telugu Telugu Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Welsh Welsh Xhosa Xhosa Yiddish Yiddish Yoruba Yoruba Zulu Zulu

 

 

Article Navigation

Back To Main Page


 

Click Here for more articles

Google
The New World Currency
by: Matt Sherborne
Do you ever consider the possibility that the money you work so hard for could be gone from your pocketbook in the next few years?

Quicker then you might think, currency as we know it, is changing. Necessity for efficiency is transforming the flow of cash into a digital form.

The use of e-currency is quickly spreading throughout the world. Everyday, more and more people are making purchases online. These purchases are being facilitated by companies like Paypal, E-Bullion, E-Gold and Net Pay. The digital age is definitely upon us, and with the new forms of commerce, comes new forms of opportunity.

With the advent of these E-currency companies, trade between different countries is suddenly becoming easier and more profitable. New products and services are quickly filling the need for the flow of money. The one constant still remaining is the ever present, currency exchange rates. To avoid these fluctuations and exchange fees, companies have facilitated their transactions with the global currency of gold.

Some online e-currency companies now tout that their holdings are 100% backed by gold. This no longer is true for any of the national currencies now in existence. The United States for example, has not had 100% of their currency backed by gold, since the end of the gold standard in 1914. The value of the U.S dollar continues to decline, as the value of gold rises steadily.

Due to national inflation, the cash you hold in your hand will continue to lose value. Unfortunately, there is not nearly enough gold to cover all of the paper money holdings. That money you hold in your hand is basically a loan from the government. The tenet of many governments, when they fall on hard times, is to print more money. This fact has led to the desire for more worldwide corporations to embrace the idea of a worldwide currency.

To accommodate the demand to trade goods and services between Countries, many companies have been created. The increased need for exchanging has created lucrative opportunities within the e-currency exchanging markets. A global currency exchange is evolving that knows no boundaries or national borders.

While gold remains the standard for many worldwide transactions, there still exists a need to transfer funds from, existing national currency, into gold and vice versa. There also exists the need for different e-currencies to be exchanged among themselves. This need has created a void that has enabled average people to cash in on.

Trading e-currency has filled the demand for these transactions to be completed efficiently, while enabling certain people in the know, a lucrative business opportunity. Those people who understand the system can leverage their funds to facilitate the transactions while pocketing a sizable commission.

The future is unknown for paper money as we know it. However, one thing is certain, those who are the market-makers of the new system that evolves will be the biggest winners of the new millennium.

About the author:
Matt Sherborne is the author of "Get Rich Trading E-Currency"and"Email Auto-Pilots."Visit his website at: www.DXinGold.com


Circulated by Article Emporium

 



©2005 - All Rights Reserved

Total Views stat / Page Views stat

Advertise Here

web page counter