Investing Reviews - RateItAll

Forex Software
Miscellaneous Investing

93 days ago

Kadagam reviewed Metatrader MT4 EA in Forex Software:

This system is one of the best that I have ever bought.

I have spent hundreds of dollars in buying automated EAs in a desperate attempt to generate a passive income. Most of them are just not effective over time. It is obvious that more time was spent producing elaborate websites and videos to promote the `last expert advisor you will ever buy', than on the actual system.

Finally I got this system, and the good news is that EA had succeeded in providing a reasonable balance of profit and risk.

Well.. I would not call it as a `Holy Grail'. But I would say it is a strong competitor for that title. It is a little aggressive and has gained pips left and right during the first few weeks. I got a little scared by the profits (honestly :-) ) and I reduced the aggressiveness to make it generate a constant and predictable profit.

One good thing about the system is it never closes a trade basket in loss. I like it.

0 comments

votes 0 Helpful / 0 Funny / 0 Agree / 0 Disagree

98 days ago

irishgit reviewed Chinese Panda gold bullion coins. in Gold coins of the world:

I can't comment on their nuimastic value or their gold value, but they're damn attractive. I dated a woman a while back who wore one of the smaller versions as a pendant and it was striking.

Of course, that could have been enhanced by the position it occupied in her cleavage.

0 comments

votes 2 Helpful / 0 Funny / 1 Agree / 0 Disagree

98 days ago

GenghisTheHun reviewed Eagle (USA $10 gold coin) in Gold coins of the world:

This coin was one of the four standards of the United States coinage. The four standards were the cent, the dime, the dollar and the eagle. The cent was the basis of the system. The dime was ten cents; the dollar was ten dimes; the eagle was ten dollars.

The other coins came later but were always based on one of the four standards.

The Coinage Act of 1792 established the first such coins: Eagle ($10), Half Eagle ($5), Quarter Eagle ($2.50), Dollar, Half Dollar, Quarter Dollar, Disme (dime), Half Disme (half dime), Cent and Half Cent.

2 comments

votes 3 Helpful / 0 Funny / 0 Agree / 0 Disagree

99 days ago

GenghisTheHun reviewed British gold Sovereign in Gold coins of the world:

I got out of college in 1968, and it was still ILLEGAL for the average American mope to own gold except for numismatic items. You had to be a big shot on Wall Street and such to do that. Then under Nixon you could buy foreign gold coins. I suppose that was under the guise of coin collectors and such. Any how, in 1970, I was walking on the Near North Side of Chicago and saw a dumpy little shop advertising gold sovereigns for sale. I walked in and asked how much? "$14.50 a coin." I only had money for one coin. It has a value of its gold alone today, August 20, 2009, with gold at $940 an ounce, of about $220. You can buy a nice gold sovereign, wholesale, with shipping and insurance for about $270 to $280. You go to a shop and you can avoid the shipping and handling.

0 comments

votes 2 Helpful / 0 Funny / 0 Agree / 0 Disagree

99 days ago

GenghisTheHun reviewed Double Eagle (USA $20 gold coin) in Gold coins of the world:

Every time I see a Saint-Gaudens Double Eagle, I think I must have it. Then I look at the price tag and pull back. Today August 20, 2009, gold is selling for about $940 a troy ounce. A lower grade, but not trashed out Saint-Gaudens Double Eagle will set you back about $1400, at least, even though its gold value is today about $910. A Saint-Gaudens Double Eagle is .9675 of an ounce of gold.

I think gold is going to correct as it is too high; however, with the Barack Hussein regime planning to double and triple our money supply with monetizing trillion dollar deficits, look for gold to start up again in 2010.

A nice looking Double Eagle would then be a good investment, but don't get carried away with "numismatic" prices unless you really know what you are doing. You are going to have to pay $400-$500 premium for a Double Eagle over the price of gold. That is why the American Gold Eagles is so much the better bargain.

0 comments

votes 2 Helpful / 0 Funny / 0 Agree / 0 Disagree

99 days ago

GenghisTheHun reviewed American Gold Eagle Bullion Coins in Gold coins of the world:

The bullion American Gold Eagle sets the standard for today's gold coin market. Gold coins are the easiest way for the average mope to own gold, so that is the way to go. You pay a premium over the price of gold when you buy a gold coin. Today, August 20, 2009, gold is trading about $940 a troy ounce. You can buy a one ounce Gold Eagle for about $1000. There is usually a premium of at least $40-50 of the cost of the coin over the value of the gold.

It is the most economical to buy Gold Eagles in the one ounce coin as you only pay the premium once. However, you can buy 1/2 ounce, 1/4 ounce, and 1/10 ounce coins. These are cheaper, of course, but when you total up smaller denominations by the ounce, the premium is much higher since EACH coin commands a premium.

If you want to buy gold, however, this coin is the way to go.

0 comments