Monetary Market: How one can and cannot make money
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by Releasethe Krakken
This is a response to something Kaptain Kidd said which didnt make sense to me:
All currencies are equal and there exist currently 2 monetary units in the Monetary Market which one can trade: Gold and Citizen Currency. Plato has thus simplified the monetary market.
Gol😛
One can sell ones gold for IEP
currently the prize is 220 IEP. One must then do a non dated forward sell. So say I have 20000 Gold if I place it for 230 IEP and the prize rises above 230 IEP i will make 10 IEP per Gold or 200000 IEP. On a day to day basis one would sell in the range 1 to 3 points above the existing prize to make a profit. So you bought 10 Gold (max per day) at 220 IEP and then sell your 10 Gold at 221 IEP for a profit of 10 IEP.
Method 2 Selling Currency
1 IEP = 0.005 Gold at the moment
I ran the calcs with 500 IEP to show you the difference
500 IEP AT 0.001 Gold = 0.5 Gold
500 IEP at 0.002 Gold = 1 Gold
500 IEP at 0.003 Gold - 1,5 Gold
500 IEP at 0.004 Gold = 2 Gold
500 IEP at 0.005 Gold = 2.5 Gold (Our current exchange rate)
500 IEP at 0.006 Gold = 3 Gold
so the more gold you get the more you make per 1 currency.
So its pretty easy to see how to make more Gold here. If I have 100000 IEP and place it at 0.006 Gold the next higher value. Once it reaches that value I will make 600 Gold whereas currently I would get for the same amount 500 Gold. So I gain 100 Gold.
So to review currently one can make more money by placing your Gold at a higher prize. Forward selling. One can make more Gold by selling your IEP for more gold. Forward selling. There is no way one can make money from your Gold by selling it at a lower prize and there is no way one can make more Gold if you sell your IEP for less gold.
ATM it is said we are making money each month in the MM which is just a bit puzzling because the prize of IEP has remained static at 0.005 Gold per 1 IEP. For us to make money the prize of Gold must rise at the moment it has been dropping constantly. So please explain to me Appleman how exactly we have been making money in the MM I would certainly like to hear the details of this small miracle. The problem is with selling the currency you are offer 30000 in the queue as every person has the same prize 0.005 Gold. So selling and buying is not a quick process. So it would be a reasonable assumption that you need to place massive numbers over a long time to eventually make something. Or daily sell your currency for more IEP the 1 to 3 points I refer to but in the same night buy new gold at a lower prize. This would involve citizen cooperation which I have no knowledge of. Perhaps the MOF can enlighten us or Sw33t as its always him making the claims??
I gave them a bit of leeway and scrolled through all the offers where they are selling Gold and could find none by them. I also know all of the orgs by name and found a measly 50000 IEP and 45 Gold in one where I expected much more given their claims. The currency side is impossible I did stumble on 1 offer of about 76000 for 0.005 and one for 20000 but dont think its a Irish org as it show France CC Emergence EIreland it is called. There was 447 pages with 10 offers per page so about 4470 offers in total.
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Unfortunately I can't give an real answer to that other then when I enquired about budgets,I was told that all MPP funding was raised by direct taxation.Military funding was raised seperately by playing the markets so we didn't need to worry about it, so basically I haven't.
so you were lied to read my new added paragraph to the bottom. there is no playing of the markets its all a effin lie.
http://www.erepublik.com/en/article/2171948/1/20
This article outlines some of the common ways that the monetary market can be used for significant profit.
lol what your saying is not different from what i'm saying. i cannot comment on special events as usually i dont pay really more or less during this time. the problem is what adriano points out currency sells slow. so nickel and diming it in the offers can make you at most 40 iep if your lucky that day. that 40 iep will take you a long time to make so is not worth it. as also mentioned there was no offers by the MOF
The regular margins are small, but as the MoE article points out given certain circumstances it is possible to make as much as 100cc on one set of transactions (which you could pull off multiple times in one day depending).
The key is in recognizing certain patterns and utilizing long term investment planning to take advantage of changes in economic mechanics and gold buying "midas" players who want quick cc.
However, I think it's well known that the income from trading isn't as high as it once was and I would guess that this is reflected in how the MoF is making money these days. A few month's ago the MoF broke down our financials and revealed that tax income basically pays for mpps - any additional funds has to be created from the existing balance/donations/investment...
But anyway, if I don't understand something the first conclusion I jump to isn't usually that I've been lied to or that someone else has made a mistake...
http://www.youtube.com/watch?v=CRj0eRQ39Gc
so your admit we are being lied to but i suddenly now dont understand this. we are being lied to we are certainly not making the massive amounts sweet is claiming in the MM. Its just because your part of goverment that you dont vote this article. you know as well as I that selling currency can take months never mind days. drop an offer in there you wont be last meaning it is not from old to young. but i will drop 100 IEP in there to prove my point if it takes more than 10 days will you concede. my argument
Whoa now,
"so you admit that we are being lied to..." I did?
"...you don't vote this article." I didn't?
If you aren't going to actually read anything I write then I'm not going to waste my time with you anymore. This isn't the first time I've had this problem with you either.
I also don't count this as being lied to. If you want to learn how to do it that's great, more people should. I frankly don't understand it at all. What I understand is the military has found a way to run without tax funding, if they can do it great, my business with it stops there. They don't need money great, I careless how they do it.
mmm so you dont care if they lie to you and then you spread the lie.. To disprove everyone I will buy 3 gold and put it on the market for 10 IEP more than the current value. if they are correct fine then we discover a way to make money else you will state in public they lied to you.
I will give an example of what happens.
-You have 10 gold
-Sell 10 gold at the current rate: 222 IEP to 1 gold
-You have 2220 IEP
- Sell 2000 IEP at the currernt rate of 0.005 gold to one IEP
-You make 10 gold plus the extra 220 IEP
The main problem with this is that it will probably take 10 days for your 0.005 offer to be bought and sometimes it won't get bought.
The MoF does this to make money on the MM, although normal citizens can only buy 10 gold a day I believe the rules are different for orgs which the government has many of, so the MoF can do it on a much larger scale.
10 gold = 2220 2220 iep = 11.1 gold ok so you make a tiny profit of 1.1 gold but you wont sell it in 5 days oldest offers isnt shown first. it make take you a month in which case you gold prize maybe 200 iep which means your 11.1 gold is valued at 2220 IEP.
The maximum it can take is 10 days because after 10 days your offer is removed. yes the oldest offer is shown first. I know it is only a 10% profit but where else are you going to make that money?
it is sorted by best value then by when the offer was posted.
bet you most offers never get processed.
I've done this about 6 times recently, only once has it failed to work, whether you think it doesn't work or not this is the way which many people use to make money on the MM.
i said i would test it. usually if everyone makes money from it why is it done on such a small scale. but your right there is one more method of making money so i will give you 1 point for that,
It is done on a small scale because we are limited to the purchase of 10 gold a day.
not really you are no limited to the sell of currency and the reselling of gold right
when you want to turn the currency back into gold you are limited.
A good article written by the old brit MoF http://www.erepublik.com/en/article/-01-money-market-trading--2278603/1/20
a massive complot is revealed in my next article.
sap's system works very well, when you're patient. ( i'm paying my daily full training this way since months, without buying gold)
And while you're waiting , instead of wasting your time with writing pointless articles, you can do , what i call "market fishing" . Observe the market and look for bargains or quick sales, buy and resell. Gives me another 2k a week. Happy eDays xdxd
perhapz but read my next article.
To summarise, there are two ways of making money from the markets - goldfishing (individuals are limited to a maximum of 10 gold, govt orgs aren't) and speculating (buy low, sell high). Goldfishing does work most of the time, though it helps keeping an eye on the market in case there's a sudden drop in gold price. I'd love to be able to find a way of reading the markets to speculate successfully, so feel free to pass on any tips.