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Monday, December 13, 2010
HERE IS THE FACT ABOUT FOREX TRADING
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easy-forex® Learn Forex Articles Commodities Trading Gold and Silver
Gold trading with Easy-Forex® Online trading in gold is straight forward with Easy-Forex®. In the Forex market, gold is considered a form of currency, and so is silver. Online trading in gold is electronic, the same as other currencies and oil. Gold is traded in a similar way to other currency pairs. However there is a difference: gold, silver and other commodities can only be traded against United States dollars (USD). Prices are always expressed in terms of the US dollar. Trading with gold rates Like foreign currency rates, online trading with gold rates does not require the "physical" purchase or sale of the real material. You do not purchase gold that you can hold. The trading method for gold is called ‘over the counter’ or OTC. OTC deals are not part of the Stock Exchange of any country and so the deals are not controlled by the same methods as the Stock Exchange. OTC trading is performed directly between the seller and the buyer. No other people or organisations are involved. OTC trading is the common form of trading in the Forex market. Day-trading in gold Traders can perform day-trading in gold. Day-trading means deals are usually completed before the close of trading that day. Gold traders usually hold their position for a short time only, but it is not necessary to complete the deal within a day. The deal can be extended for two or three days, depending on how the trader decides to make the deal. Once a gold day-trading deal is opened, it can only close in one of three ways: Until one of these three things happens, the deal continues. When your day-trading gold deal is open, it is renewed automatically every night at 22:00 GMT, and each time it is renewed, a small charge is made from your trading account. The advantages of online trading in gold Commodity trading online has become much more of an interesting business endeavor with real time commodity quotes and live charting services. Internet technology has made the type of commodity trading services previously reserved for the deep pockets professional trader available to all. Gold trading prices Generally, as the price of gold trading as a way of balancing their profit and loss against the US dollar. Also, as gold tends to keep its purchasing power over time, investors may buy gold to balance the effects of inflation and currency value changes. The price of gold is measured by its weight. The price shows how much it costs for one ounce of gold in US dollars. You can learn more about gold prices hereGold and Silver
gold increases, the price of the US dollar falls. This is why investors use
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How To Find Diamonds
You can find your own diamonds if you are willing to work at mining and picking through a huge batch of dirt and volcano spew at Crater of Diamonds State Park in Arkansas. More than 70,000 diamonds have been uncovered over the years.
You can find your own diamonds if you are willing to work at mining and picking through a huge batch of dirt and volcano spew at Crater of Diamonds State Park in Arkansas.
More than 70,000 diamonds have been uncovered over the years.
Crater of Diamonds sits over an extinct volcano where diamonds began to form more than 3 billion years ago, 60 to 100 miles below ground.
About 100 million years ago gas and rock blasted to the surface through a volcanic vent, carrying the diamonds along. The property owner Mr. Huddleston unearthed his first diamond on August 1, 1906. By 1952, the various owners of Huddleston's land and the neighboring fields had turned the "Crater" into a tourist attraction. The State of Arkansas took it over later and turned it into Crater of Diamonds State Park.
It has to be one of the most unusual state parks in the world: there you can actually find diamonds during your stay and keep what you find no matter the value. It is the only source of natural diamonds in the United States that is open to the public so come and dig for your own diamonds!
Things You’ll Need:
- Sifting screen
- Digging tools
- Lots of water
- Patience by the ton
- Huge Reward of your own diamond
The largest diamond found at the park was the 16.37-carat Amarillo Starlight, a white diamond found by a Texas visitor in 1975.
You'll search over a 37-acre plowed field - the eroded surface of an ancient, gem-bearing volcanic pipe that exploded the diamonds to the surface. Travel to Crater of Diamonds State Park (where you can keep any gem you find)is just 20 minutes from Murfreesboro, Arkansas. It's the world's only publicly operated diamond mine where visitors are allowed to search and keep any gems they find. Many vacationers come here.
Crater of Diamonds State Park is a rockhound's delight since, along with diamonds, more than 40 types of rocks and minerals can found here, too. These rocks and minerals include lamproite, amethyst, banded agate, jasper, peridot, garnet, quartz, calcite, barite and hemetite. Crater of Diamonds State Park is the world’s only diamond-producing site open to the public. Park visitors and vacationers find over 600 diamonds every year, in a variety of colors and grades. Diamonds come in all colors of the rainbow.
Crater of Diamonds State Park has to be one of the most unusual state parks in the world: there you can actually find diamonds during your stay. Park officials say you can sometimes find diamonds on the surface, so tools aren't required. But you can bring digging tools (nothing with a motor on it), buy a small trowel or cultivator for $1.37 each at the park, or rent larger shovels and soil-sifting screens.
In the historic town of Murfreesboro there are features from the 1880's including a dentist's office, blacksmith shop, old-fashioned appliances, tools, clothes, maps and historic documents and photos.
In the store you will find many examples of goods that were available to customers during the store's heyday alongside postings of 1880s prices.
Park staff are trained to identify your finds, free of charge.
Park workers often plow the crater floor to churn up fresh soil and rocks. Call and find out when they are doing it next and plan your trip for those days to get fresh diggings.
Tips
- Be alert to any weird shaped rock or pebble. Many gemstones are thrown away each year because they weren't recognized as such.
- There are over 60 campsites, cabins or lodges in the area
- Watch out for any insects you are not familiar with.
- Wear long sleeves so you don't sunburn
- Take water and food along
Latest Diamond Finds
Latest Diamond Finds
Check out what lucky prospecters at the Crater of Diamonds have found so far this year. Remember, they get to keep what they find. You can too.The Mine & The Park
It's finder's keepers at the Crater of Diamonds State Park in Murfreesboro, Arkansas. The only public diamond mine in the world, Crater of Diamonds offers you a one-of-a-kind adventure - the opportunity to hunt for real diamonds and to keep any you find.You'll search over a 37-acre plowed field - the eroded surface of an ancient, gem-bearing volcanic pipe. Begin your diamond hunting adventure at the visitor center featuring exhibits and an audio/visual program that explains the area's geology and offers tips on recognizing diamonds in the rough.
Since diamonds were first discovered on the site in 1906, over 75,000 diamonds have been unearthed. The Park offers 59 Class A campsites, picnic sites, a summertime café, laundry, gift shop, hiking trails, interpretive programs and Diamond Springs Water Park.
Crater of Diamonds State Park