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Swiss Franc Move Cripples Currency Brokers
- gii 12y agoSwiss franc is one of the few currencies with real value nowadays and it is backed up with gold to some extend.
- justincormack 12y agoThese "currency brokers" are basically retail foreign exchange gambling shops, offering 100x leverage to a stream of customers who then get wiped out "trading", and then find more customers to fleece. Going bust couldnt happen to a nicer bunch of people.
- gii 12y ago> Going bust couldnt happen to a nicer bunch of people Actually it is the nicer people who get busted. In this game someone have to loose and this is not going to be bank. In most cases the good people are tricked into playing a game, although they don't completely understand the rules...