Gold And Silver Trading Robot

Old is gold

Old is gold. Throughtout human history, gold has been considered to be a precious thing. Kings and Queens would hoard this precious metals. Countries would measure their wealth in terms of the gold bullions they had. In the 19th century, world was on a gold standard. It is abandoned in the 20th century. But we might be again heading towards an unoffical gold standard now as US Dollar status as an international reserve currency comes into threat. Gold prices are rising as never seen before. Right now these prices are steady around $1,000 per ounce. But experts are predicting that these prices might go as high as $2,000 per ounce.

The reasons for this unprecendented bull market in gold and silver is the fact that investors are worried about the long term strength of US Dollar. Many wealthy investors are hedging into gold. When US Dollar gets weak, gold prices climb high as most of the investor taken refuge in this safe haven ultimate currency.

Countries like China, Russia, India and other that used to have huge US Dollar reserves are also converting these reserves into gold. This is driving the uptrend in the gold market. Now, these fundamentals are going to stay the same for many years in the futures. The last bull market in gold and silver had lasted for about a decade. It had started in 1970s when the Bretton Woods System came under pressure and lasted till 1980.

After the stock market crash of 2008, many investors flocked towards forex. Retail forex trading is the hottest money making machine right now. Now, if you have been trading forex for a while you must have observed that your broker might also let you spot trade gold, silver and oil from the same platform that you use to trade forex.

In the last decade, revolutionary developments took place in the retail forex industry. The most revolutionary was the possibility of automated trading. This became possible with the development of the Meta Trader 4 Platform. This MT4 platform allowed the use of computer programs to trade automatically. These computer programs or software is also called an Expert Advisor or a Forex Robot. This Robot trades round the clock unlike a human that can get tired or fatigued.

What this means is that now you can trade forex on autopilot even while you are sleeping. In the last few years, many good robots have been introduced in the market. Some are giving consistently good results. These automated trading systems are getting better and better. Every month you will find, new robots hitting the market.

Now, many people don't know this that spot trading gold and silver can be far more lucrative than spot trading forex. Silver is another precious metal that can rocket ten times faster than gold in the coming few years. Many forex brokers allow you to trade silver as well along with currencies, gold and oil. With these precious metals market in an unprecedented bull market, this the best time to trade these metals. Trend trading is what makes a fortune and you have a historic trend developing in these precious metals market right in front of you!

But many people don't know this fact that now you can spot trade gold and silver with a robot too just like forex. If you have been trading forex with a robot than you need to try these gold robots too!

by: Ahmad Hassam

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