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Some observers believe how the gold price will be driven much higher, not much as being a greed, ladies by fear, as the populace – from some on the wealthiest investors, to those individuals and families who may perhaps be prepared to afford fractional gold ounces – seek a approach to protect their assets via the ravages of inflation, volatile stock and real estate prices, in order to mention mention currency destruction this way experienced in the unfortunate citizens of Zimbabwe and North Korea.

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Suppose, you believe EURUSD rate will be 1.3423 within the next 24 hours. Right now, EURUSD rate is 1.3410. You buy one day EURUSD binary options contract with strike price of a single.3423 and expiry of several hours by paying a small premium like $10 per contract. If on the expiry for this next 24 hours, the EURUSD rate is indeed 1.3424, you make $100 and if it’s 1.3420 after 24 hours, you make nothing and lose the $10 you simply invested because they contract.

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