Joe Gelet

Moving to a Trans-Industrial Paradigm

Many of the posters of comments miss the points. First, Foreign Currencies have no intrinsic value per se. What EES does is we develop automated trading systems which in a very real sense are cash generating machines. If we were so inclined we could use those profits to purchase things like commodities (for daily use not for investing). That happens to be our profession - if your profession is hair cutting then I would suggest investing in a fine pair of scissors. However the context of posting on Seeking Alpha is to suggest places those with 'excess capital' outside what they need for purchasing of scissors, etc. could potentially be invested. One such market is the FX markets which have a low minimum and many advantages. Is that biased? Or did we come to the FX market by much research and real experience trading stocks?

Regarding the post industrial title, it is just a nomenclature to describe 'after industrial' .. the word 'trans' was chosen instead of 'post' in the title due to research that was conducted on that term: en.wikipedia.org/wiki/... and it's connotations. The point being, our society is designed based on an industrial system that developed during the 20th century. In Cambodia and pre-industrial cultures and most of the third world, there isn't much industrial infrastructure to speak of. With the internet, and small modular technology such as Micro Nuclear Power Plants: blogs.zdnet.com/emergi... It is possible to live almost anywhere and trade anything. In fact, agricultural society has less impediments to adapt because they do not have highways, bridges, zoning laws, etc. Wall St. was in Manhattan because NY was an industrial solution to solve the problem of major corporations who needed big filing cabinets (skyscrapers) which are outdated. Even before the crash, many trading firms have only sales and marketing offices in NY while trading and R&D is done in remote facilities which are highly customized and highly secured. (Reston, VA vs. Washington D.C.). Saying people shouldn't live in NY or Wall St. is this or that is not the point. The point is NY and big cities served the major societal function pre-internet and pre-computer which now doesn't have value. Wall St. has the branding value and the associative value but is it really worth $50,000 /month to house servers there?