Economy for a new World Order - Giuseppe Robiati
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Page 58 of  101

When the price reaches a certain level considered to be too low, the transfer of currency will cease in order to avoid the further lowering of value, or it will be used to buy currencies of other countries. (58:1)

We should also keep in mind that the purchase or the selling of a currency, often only on paper, is considered by modern investors as one of the most profitable sectors. By playing in the stock exchanges of four countries in the world, by exchanging currencies, gold and shares, speculations and interesting earnings can easily be obtained. All those who play this "game" know that the currency exchange in a country is often inversely proportional to the increase in the stock exchange. Let's take an example: the stock exchanges of New York, Frankfurt, Tokyo and Zurich . (58:2)

In New York they use dollars, in Frankfurt Germany Euro, in Tokyo yen and in Zurich Swiss franks . An investor based in Geneva, following the value of the above currencies, stock exchange quotations, time changes and gold quotations, with the use of an intercontinental phone a personal computer and a video terminal can earn a lot of money. With the dollar down, the New York stock exchange index rises because investments come from abroad. But, if the dollar decreases, the Euro and gold automatically increase in value. The rise of the Eros leads investors in Eros to buy stock exchange shares of other nations. There is therefore a flow of Eros towards other foreign markets or towards the purchase of gold. As a consequence of this flow, there is a lowering of Frankfurt stock and a rise in the price of gold. In the meantime, those who have invested in the New York stock exchange, that has risen thanks to the investments in Eros , sell shares and gold and buy dollars. This implies a variation in the New York stock exchange and a rise of the international value of dollars. Those who find they have dollars of greater value, invest abroad, where, in the meantime, the value of dollar has increased, for example, in the Tokyo or the Zurich stock exchanges. (58:3)

This flow of dollars invested abroad reduces investments in the New York stock exchange, which therefore decreases while Zurich and Tokyo rise. The intervention of Central banks of different countries to defend their own currency excludes the speculative game that often leads to the process of devaluation of the currency. And another cycle takes off again. The turnover is dizzying, but leads to huge profits, if one is unscrupulous, if information is known in real time, and if one acts in terms of monopoly. The most amazing element is that not one penny has moved throughout the exchanges. The only movement is done by orders of buying/selling and of exchanges on paper, through computer messages. All the money has remained in the respective countries. As a consequence of this way of proceeding, international cracks occur, even those of important banks. This can happen when orders of international purchases are not supported by real money and comes to the fore when, after stopping the game once a month for example, for payments and compensations, those who bought without having the necessary funds, cannot pay. As a consequence even small investors, encouraged by publicity and dazzled by easy earnings and who had invested their own hard-earned savings, are damaged. (58:4)

limitations, but, often, the immorality of brokers have made these precautions useless. (58:5)

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