Global Market Bets

Welcome to all of you who have an insight into world events that goes well beyond that of the average man in the street!

We focus here on opportunities to bet on global markets. If you understand any of them well enough, you should be poised to profit by using your expertise to bet on them.

The first thing you should appreciate is that there’s a vast difference between betting on whether the next coin toss will come up  heads or tails and betting on whether the price of gold will be higher or lower by the end of the trading day tomorrow.

The first bet is based purely on chance (assuming a fair coin), whereas we know that there are many understandable market forces that will determine whether the price of gold rises or falls.

In principle then, while both bets are strictly speaking gambles, one would expect that an expert on gold price moves would have an edge over someone betting on coin tosses.

We use the price of gold as an example here, but there are lots of other markets where there are opportunities to place bets in areas where you can apply your personal expertise — stocks, currencies, market indices.

If you’re new to all of this, you’re probably already asking yourself why one would bet on a gold price move (to follow through with the same example), as opposed to buying gold bullion, gold stocks, gold options or futures, etc, etc. instead.

The answer is that you might well do both. In many cases it’s a matter of the time horizon. Gold may be on a nice steady climb due to inflation worries, geo-political tensions, and simple demands (e.g. popularity of jewellery). You might invest in gold or gold stocks or gold derivatives for any of those reasons — at least until the uptrend appears to be tiring out.

But on a day-to-day basis we all know that commodities like gold fluctuate up and down for a variety of reasons. If you learned this morning for example that a central bank in Europe or Asia decided to divest itself of a substantial portion of its gold reserves, would you sell all of your gold investments immediately? Depending on the country maybe so, but if you still believe that the fundamentals behind the uptrend in gold prices is intact, why not just weather the storm.

But if you know that gold is going to get hammered short term because others don’t have your intestinal fortitude, why not take advantage of that?

You heard the news in the morning. Why not bet that gold will be lower by the end of the day, even if it has already started its move lower? Or, the end of tomorrow? Or, the end of the week? You’re the expert!

So, now the question is who will take your bet? Your brother-in-law that you can’t stand anyway? A colleague at work? A good friend with similar interests in gold, but an opposing view?

Well, there just happens to be a lot of evidence that you could easily lose friends, no matter who wins the bet if big money is involved. Why not bet against an impartial, anonymous third-party using your computer.

It can be done and the goal of this site is to educate you on the logistics, so you can get involved quickly and easily.

There are a number of online betting sites that let you bet on global markets. You’ll see quite a number of them placing ads in the left column of the pages here. But, for the time being, we’ve chosen to use BetOnMarkets.com as our preferred site. We’ve been a “customer” there for several years now, and have yet to see anything but professionalism, a broad range of “products”, efficient and plentiful vehicles for transferring funds back and forth, and excellent user tools and support.

But whether you open an account with BetOnMarkets or choose another provider, the information, stategies, tips and tricks that you learn here should apply elsewhere as well.

So, make the most of this site! And, be sure to send us feedback by email if you feel that there are improvements that we should consider.

Think and bet globally™!

 

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