Greek Referendum And Eventual Grexit Are Likely To Lead To Global Financial Collapse and 20-year Depression in Both Europe and the US Says CEO of Forex Peace Army Dmitri Chavkerov

NORTH PORT, Fla., July 7, 2015 /PRNewswire/ — On July 5th of 2015, Greeks voted “NO” on the proposed bailout program by the Euro Zone, which increased the likelihood of a Greek exit from the Euro Zone, also known as “Grexit”, and while many financial analysts say that “Grexit” is already priced in by the markets, Dmitri Chavkerov, CEO of world’s largest forex reviews website Forex Peace Army, thinks quite differently.

“First of all, just because Greeks voted ‘NO’ doesn’t mean that Grexit will occur. Having said that, if Grexit does occur, all eyes will be on Greece, in terms of how deep of a turmoil it will go into, for how long will it stay in turmoil, and how much better life becomes for the average citizen there after it comes out of turmoil,” says Dmitri Chavkerov.

“Considering that Greece will be debt free, while the Euro Zone would be left to deal with Greek’s debt burden, and considering that both China and Russia might just lend Greece a hand, due to current standoff between Russia and the US, plus with Greeks being likely to be happy about the Grexit, and united in their efforts to restructure Greece’s economy, the turmoil might just be not as deep, and the recovery might just not last as long as the world would expect it to last. And if Greece has a relatively happy ending, the other countries in the EU that have strong anti-EU sentiment and significant debt burdens, such as Italy, Spain, Portugal, and eventually even France might just follow into Greece’s footsteps, which would collapse the Euro Zone, and end the Euro currency,” says Chavkerov.

Dmitri Chavkerov also shares a quite unorthodox and pessimistic view that the current unrest in the Euro Zone and the likely eventual collapse of the Euro is likely to lead not only to depression in Europe, but also the economic collapse and depression in the United States as well.

“US is a great country, and I personally enjoy my life in the United States, but when I stop, think, and research why life in the United States is so good, I can’t help but constantly come up to the exact same conclusion: US uses its good faith to issue debt with interest, it then invests this borrowed money into its military, government expenses, subsidies to food producers, social programs, etc, then it collects taxes from its economy, pays some of the interest on its debt with this tax money, only to issue yet more debt with interest, and repeat the cycle,” says Dmitri Chavkerov.

“Because the US government provides subsidies to farmers, the food for average American is much cheaper than it’s supposed to be. Because the US government gives free money to the poor people, and keeps taxes relatively low for everyone else, people have money to invest back into the economy, supporting local businesses, etc. The problem is that whatever money US makes from taxes and other sources is a lot less than the money it needs to pump into the economy to sustain it. The moment it tries to create surplus by raising taxes, and cutting subsidies and social programs, its economic life will collapse,” he says.

“My personal opinion is that the US will continue to do this for as long it can, until the rest of the world loses faith in its financial viability, and decides to act on this lack of faith, at which point the US will suddenly default on its debts, just like it suddenly abandoned the gold standard, and will simply start over as Greece would if Grexit occurred. This will provide very sudden but very necessary economic deleveraging, and inevitably cause a temporary, 20-year or so, economic dip, which economists call Depression, but because US has such strong fundamentals, such as biggest military, biggest gold reserve, solid government infrastructure, and highly skilled, patriotic, and law abiding citizens, the country will bounce back up quickly, and regain everything it lost during the deleveraging period,” says Chavkerov.

“I personally find it ironic that Greece was at the root of the collapse of the enslaving and highly unsustainable Persian Empire with the Persian war against Sparta, and later Alexander the Great’s conquest of most of the known world, and now Greece again is likely to act at the root of the collapse of highly unsustainable and debt-driven global financial system,” concludes Dmitri Chavkerov.

SOURCE Forex Peace Army

Dmitri Chavkerov believes that all one have to do is become an insider of an individual stock by looking at the price action of the stock regularly. Within a relatively short period of time, one will be able to place many more winning trades than losing ones.

Dmitri Chavkerov of Forex Peace Army Teaches Traders A Very Simple Principle That Separates Traders That Consistently Make Money From Traders That Consistently Lose Money

NORTH PORT, Fla., Feb. 18, 2014 /PRNewswire/ — Dmitri Chavkerov, CEO of Forex Peace Army shared with traders simple yet effective trading principles that can separate people who consistently make money from traders that consistently lose money. Dmitri Chavkerov’s website Forex Peace Army is ranking first in Google for many forex-related terms.  Forex Peace Army has been one of the leading companies in the forex educational field for more than 8 years now.

“I have been shopping at one particular grocery store. I went to this store almost every single day, and one of the products that I would buy all the time was organic bananas. The funny thing about it is that the price of these organic bananas constantly varied quite a bit. Sometimes they would sell for $0.79/pound, other times, $0.89/pound, other times $0.99/pound, or $1.09/pound, or $1.19/pound, or $1.29/pound. I’ve never seen them sell cheaper than $0.79/pound, and I’ve never seen them sell more expensively than $1.29/pound,” says Forex Peace Army Cheif Dmitri Chavkerov.

“Let’s imagine that a friend would visit me from the UK, and he also constantly buys bananas in the UK. So he sees that the organic bananas in my local store are selling at $1.19/pound that day. So he says: “Holy crap! That’s so cheap! In the UK, you would pay at least $2/pound for them!” Let’s imagine I told this guy: “Well, I have a feeling that within the next few weeks, their price might drop even further” and he would reply: “No way! That is impossible! I’ve never seen them this cheap, and prices of food only go up, they will never get cheaper than that!” So I tell him: “I’ll bet you $100 that the price on these bananas will drop to $0.99 before it goes up to $1.39.” And my UK friend would answer: “I accept this bet!” says Dmitri Chavkerov President of Forex Peace Army.

Dmitri Chavkerov believes that he is more likely to win the bet as he has been shopping for this product in that particular store for a longer period of time than his friend, which made him an insider and gives him a clear edge to bet against people that are new to the price of this product in this particular store.

“I am more likely to win the bet, because I placed it against my friend as an insider, and my friend placed a bet against me as an outsider. This is the only principle you need to know to become a consistently profitable trader. This is what separates traders that at the end of the year are in the positive from traders that at the end of the year are in the negative,” says Dmitri Chavkerov of Forex Peace Army.

Dmitri Chavkerov believes that familiarity with one instrument over a significant period of time is one important aspect that separates winners from losers, but Chavkerov also states that there are some other factors that need to be taken into account as well.

“Every single stock day trader I ever met, who got similar education that forex traders get, who has been trading as regularly as these forex traders were trading, and who has been doing it for as long of a time as these forex traders were doing it, was consistently turning a profit, while forex traders were losing. Why is it so? Why is it that so many people I met who traded individual stocks regularly were wildly profitable, and so many people who traded forex regularly were such royal losers? The answer is focused speculative liquidity,” says Forex Peace Army Chief Dmitri Chavkerov.

According to Dmitri Chavkerov of Forex Peace Army, it is easy to make money as day traders in the stock market because every individual stock has its own pool of liquidity, and thus its own price, which is completely unaffected by liquidity or price of another stock. Thus the liquidity is focused. In addition to it, every single stock share in this focused liquidity pool gets bought or sold for no other reason but speculative. What one gets as a result is a very predictable day-to-day price action. All one have to do is become an insider of an individual stock by looking at the price action of the stock regularly, and within a relatively short period of time, one will be able to place many more winning trades than losing ones.

Currencies, on the other hand, are heavily interrelated, with most of the liquidity in forex being transactional, which makes it much more difficult to trade profitably than trading individual stocks.

SOURCE: Forex Peace Army

Forex Peace Army Chief Dmitri Chavkerov believes that Insomnia is one problem that is commonly faced by traders all over the world, and he shares his secrets for dealing with trading insomnia effectively.

Forex Peace Army President Dmitri Chavkerov Shares His Secrets On Dealing With Trading Insomnia

NORTH PORT, Fla., Jan. 21, 2014 /PRNewswire/ — Forex Peace Army Chief Dmitri Chavkerov believes that Insomnia is one problem that is commonly faced by traders all over the world and he shares his secrets for dealing with trading insomnia effectively. Dmitri Chavkerov is the CEO of prominent forex trading information and reviews company Forex Peace Army.  Forex Peace Army came into form 8 years back and has been going strong ever since.

“Sleep is crucially important to our health. When we don’t get enough of it, many aspects of our lives suffer, including the ability to stay calm and making rational decisions, which we not only need in forex trading, but also in dealing with family, friends, and other people,” says Dmitri Chavkerov of Forex Peace Army.

According to Dmitri Chavkerov of Forex Peace Army, traders who trade actively for longer duration of time find it difficult to fall asleep.

“Forex is a very exciting and very dirty business. I have met quite a few people that actively trade forex, and some of them developed insomnia. When I say actively trading forex, I mean trading 4, 5, or 6 hours per day, every day. I knew this one full-time trader, who went to sleep usually at around 23:00, with a plan to wake up at around 7:00 in the morning. Most of the time, it would take him 3 or 4 hours to fall asleep. So instead of the planned 8 hours, he would only get 4 or 5 hours,” says Dmitri Chavkerov of Forex Peace Army.

“When trading forex, we not only get excited, but our energy field also gets contaminated by our own low emotions of greed and fear. In addition to that, our energy field gets contaminated by greed and fear of other traders that are trading the same currency pair as we do,” says Forex Peace Army Chief Dmitri Chavkerov.

Dmitri Chavkerov had learned about the salt water bath technique from Master Choa Kok Sui, who has touched and influenced many people’s lives with his spiritual teachings about healings. Master Choa Kok Sui’s energy field constantly became contaminated because he did healings by clearing other people’s energy fields with his own.

“Master Choa Kok Sui used different techniques in trying to reduce the contamination to a minimum, but he could never eliminate it. He had to come up with techniques on purifying his energy field as much as possible. The best thing that worked for him was a swim in the ocean or sea, but the problem was that he traveled a lot, so he couldn’t access the ocean or sea most of the time. So what MCKS started doing is taking regular warm baths with approximately 1.5 pounds of salt and 12 to 15 drops of essential lavender oil. He would soak in such bath for 20 minutes, and such bath would greatly purify his energy field,” says Forex Peace Army CEO Dmitri Chavkerov.

Dmitri Chavkerov taught a technique to an active trader who was going to bed at 23:00 and had trouble falling asleep. He asked him to take a 20-minute bath with 1.5 pounds of salt and 15 drops of essential lavender oil. The bath helped the trader to fall asleep in 20 minutes. The trader started taking such baths regularly after that.

“When I used to trade very actively, I often took such baths once per day, and sometimes twice per day. Nowadays, I don’t day trade actively any longer, and do mostly swing and position trading, so the need for such baths is no longer as strong as it was before, so I rarely take them,” says Dmitri Chavkerov of Forex Peace Army.

Forex Peace Army has been providing exceptional guidance to many forex traders worldwide and has helped them gain a better position in the market. Forex Peace Army was instrumental in busting many forex scams and in some cases helped in recovering the money lost in the process.

“You know how sometimes when it rains, and you can’t see anything through your car windshield, and then you put on your wipers, and all of a sudden you can see everything really clearly? You will have a similar feeling after such 20-minute bath. Some traders stop trading, because they simply feel like crap all the time, and they don’t know why. If they only learned how to regularly purify their energetic field through such baths with salt and lavender oil, it would solve that “feeling like crap” problem, and if they were to take it before going to bed, the sleep quality would be much better,” says Dmitri Chavkerov, President of Forex Peace Army.

SOURCE: Forex Peace Army