What country are gold coins frequently used in circulation? And what country uses silver coins frequently?
Answers: None. No country in the world uses hard metals as circulated currency. Gold loses value each and every time its handled is part of the reason.
Historically, most countries have frequently circulated silver and gold coins. Silver was used for regular circulation coins in the USA until 1969, and gold was used until 1932. Since this span covers most of the years of USA history, I would say that gold and silver have been frequently used for circulation in the USA. It is still legal to spend silver coins and I usually still receive one every few years.
There are still coins such as the Japanese 100,000 Yen coin that have a greater currency value than its gold content value. Transactions with these coins can still be considered currency transactions as opposed to bullion transactions.
My understanding is that a lot of black market and drug transactions are still conducted in gold and silver, but they are used as an "international" currency based on spot metal prices, as opposed to nominal currency value.
Which nonspecific symbols do you payment attention to for your trading of stocks and option?
For general trading? I hold heard VIX and OEX option.anything else?Answers: CBOE Oil Index-(OIX)
CBOE Gold Index-(GOX)
Options on the Nasdaq 100 Index Tracking Stock-(QQQ)
Dow Jones Transp Ave Index-(DTX)
Dow Jones Utilities Average Index-(DUX)
Russell 2000 Index-(RUT)
S and P Small Cap 600 Index-(SML)
Are individuals who own priviliged previewing access to calendar event background allowed to trade stocks or option?
The idea that they would be allowed seem highly immoral, and of course, if they be to share actual data next to acquaintances, that would be insider trading violation(s), would it not? Does the law treat these circumstances as such?Is within a priviliged element of our society that get this information when the rest of us don't and can trade on a sure thing? I be set to if I know that crude supply data will be low for a given day's reporting to the public, I can buy grease commodities or buy a large grease stock and be guaranteed at least a commensurate rise or lower within my profits accordingly contained by that commodity or stock. Other goods and services would also apply.
So do we own people running our reduction, subject to privilige of (not what you would call expertise...implying that they surmised something from data) but from the actual facts that others have calculated that I remuneration my taxes to collect the data and divide, and that these people are using their unwarranted advantage to label money
Answers: in the US, it is not lawful to do so.
However there are various ways people take around this.
- Let's say you enjoy access to priviledged data. You can't trade this yourself but possibly you tell someone you know in the order of it. They may trade it. And you expect a similar favor later.
- You may enjoy knowledge of an calamity or some unexpected happening before the rest of the world does. So you may trade this past the news get out.
- US Government employees that hold access to the type of data you converse about are NOT allowed to trade.