Where US regulators stand for Cryptocurrency

The United States has many regulators responsible for overseeing various aspects of crypto assets, with each having its own position on how to regulate them. Strong opinions on cryptocurrency currency major regulators in the United States include the SEC, CFTC, the Federal Reserve, Pinsan and the IRS.

Securities Commission
The Securities and Exchange Commission (SEC) has authority over crypto assets that are considered “guarantees” in the oversight of the offer, sale and trade of such assets. Many companies have tried to get agency approval through Bitcoin ETFs, but so far all offers have been rejected.

bitcoin to usd

Future Commodity Trade Commission
The Futures Trading Commission (CFTC) has broad authority over derivatives and commodities, whereas cryptocurrency derivatives and commodities are regulated in the U.S. Just like any manufactured or other commodity.

Forex currency trading through Internet brokers

Access to foreign exchange (forex), the most broad market on the planet, is generally through an intermediary known as a forex broker. It looks like the stock broker, these agents can also provide advice on forex trading strategies. This advice to clients often extends to technical analysis and research approaches aimed at improving the results of trading in the Forex market.

Financial institutions tend to be most influential in the foreign exchange market due to the large on & # 39; the volume of foreign exchange transactions with more of & # 39 volume. Historically, banks enjoyed monopolistic access to the currency markets, but through the Internet any forex speculator can also receive 24-hour access to the market through a forex broker.

Today, secure Web connections allow many forex traders to work from home, where ready access to news and other technical advice informs decisions about forex what positions need to borrow. Similar steps do stock brokers, who also come from banks and other traditional institutions.

Your needs in the market will affect your choice of a Forex broker. Online forex brokerage firms, known as houses, provide beginners in the forex market a detailed study, advice and simulators to learn how to use their tools to trade forex. Experienced online forex trader are other brokers who have in-depth advice, but less focus on forex trading instruction based on the assumption that you are familiar with the forex market. To make informed choices, it is advisable to check the number of different brokerage houses in the Forex market and trading tools to find the most suitable for your needs.

How to trade ETF funds, gold, silver, oil and natural gas

Products and promotions on fire the last two weeks, and I think it's just time to get everything stopped breathing. While I continue to stay long, to take money off the table to lock in profits, it is a safe game. Only a quick glance at the charts, we can say that the chances to indicate what type of pause or pullback in the coming days. I think we could see a profit each day.

Trading gold ETF – GLD
Gold ETF – this is one of my favorite trading vehicle. Using simple trend lines and looking at recent price action, we can see that the price of gold is looking ready for kickbacks. Buying at this level aims and it usually means that you are buying at a high level and panic low.

Silver ETF Trading – SLV
Silver ETF looks in the same boat as gold. I believe that I will see what Bokova share price or rollback.

ETF Trading Natural Gas – UNG
ETF on natural gas confident that over the past 6 months, all went willingly. In a bear market, still there is a place that can be seen on the daily chart. So far this week, the price has broken and is trading at $ 11 support level in the coming days, the fund may generate a signal to buy or sell my trading model, so I am waiting for the exact entry and exit points, before jumping on the fuel truck.

Crude Oil ETF Trading – USO
This week the ETF – crude oil broke the trend line resistance, but is still struggling to move above the level of August. On the & # 39; volume decreases and price increases, that & # 39 is a bearish indicator. USO looks ready for some type of pullback as it digests the break before moving higher.

Average weekly GLD, SLV, UNG, USO ETF Trading Report
That the general public hears and thinks about the stock market?
Of his last letters, local financial news, relatives, friends, etc. … all I hear a strong market. Indices make new yearly highs, while profit better than expected in the quarter. It seems that all we need to do is buy, and life will be magnificent!

Well, in my opinion, the market – it is the perfect tool for misleading and disappointing the public. All my indicators tell me that we need to fix before the rally is much higher. Usually the market (reasonable price) expects good and bad news in a few weeks rather than a month in advance. Thus, the question:

Or profit tsanuetstsa already on the market? Or is it all positive coverage market makes the general public to buy here on this potential market?

The answer is only time will tell. Nobody knows exactly what the market will do, but short term moves can be predicted with relatively high accuracy. Do not get me wrong, I'm still bullish on the market, but because of all this good news becomes public information, you need to think about what's next. I still long the market, but to refine their positions to lock in profits and stay in the game.

Is the work of the automated forex trading system?

With the growing popularity of trading in the Forex market, more and more traders have started to show interest in this area. Trade in foreign exchanges has reached greater heights with a & # 39; advent of automated trading systems forex.

Or justified by these automated robots? Is the work of the automated forex trading system? The answer to all these questions – yes, on the condition that you have a basic understanding of the Forex trading system.

Here is a summary of how these automated systems help people to earn real money from their trade.

Not surprisingly, Forex trading was favorable soil for many traders. But the shocking news is that only 5% of traders get considerable profit from trade. Wrong analysis of market trends and bad strategy – the main reasons that people lose money in this area.

To help people in this regard, on the market available automated Forex trading system. Also he knows as Forex Robots, these systems use the power of the Internet and the knowledge of experts to help you in Forex trading.

In these systems it is sufficient intelligence to guide you to the right path. These systems work 24 * 7 and is also able to analyze the currency of different countries and in different time zones.

These robots are designed in such a way that management does not require much effort on your part. Thus, the sooner you buy a Forex robot and start to fill his pocket a profit from your trading.

You are listening to financial networks while trading? You should not & t;

In my trading floor has a policy of open mic, which allows participants to trade hall to interact with me at the time of the trading session in cash. Unusually talk to member number and hear a financial network that blared in the background. I believe that the trade while listening to the financial news can really harm your trading success. Usually these networks are preparing people to assess current market conditions and predict various aspects of trade and investment.

But there is clearly a problem with getting trade information from the network. They all have an agenda that you can or can not be supplemented. In addition to the agenda, which is usually based on political affiliation, who grow the network, many of these guys are simply speculating on the possible outcome of the daily market activity. What good is that?

To be a profitable trader, it is important that you make your own chart analysis and initiated trading on the basis of this analysis. In the short term, only the analysis with charts & # 39 is an acceptable method of trading with dashes indicators in real time. There is no doubt that television "talking head" can predict short-term price movements.

Today was a perfect example of why your analysis is much more valuable than the think tanks, selling network. I often listen to one or more financial networks before they start trading, because I was interested in the problems with the shares, which affect the NASDAQ. Among this morning debate among the general considerations was a general consensus that the NQ is going to make a new high in the morning session.

Guess what? Morning NQ share was down, not up. The market did not make the slightest attempt to rally, but remained in the humiliating condition of continuing and spent a lot of time testing new lows. So much for the prediction of television. Usually this is just a general assumption, which often coincide with the problems of stocks in the portfolio of speakers. Even worse, there is a good chance that it can be a simple assumption that could It happens.

Another fine example of the misinformation these "talking heads" – is peradpraduktsyynyya predictions based on the direction of F & # 39; yuchersav overnight. In my experience, as prices for f & # 39; yuchersy reduced during the night, only shows little correlation with the fact that the planned cash traders session for that day. So next year hear that "the effect of the price f & # 39; yuchersav at night means that the market will go down," you can usually reject the information as nonsense. Traders overnight and traders cash session – they are two different groups and often have different objectives and motives.

Thus, I listen to music or just enjoy the silence when I trade and send the advice given by "experts" can make you (or I) is directed bias. Day, if you have a preconceived dubious distinction – is a recipe for commercial disaster. Do yourself a favor and refrain from "experts" and take their own trading decisions based on what you see what develops on the chart.

Danger of burning paraffin candles

If you light paraffin candles, you may also inhale diesel fumes. "The fine solids collected by candle emissions were similar to those from diesel engine exhausts in particle size, morphology, elemental carbon content and absorbed chemical constituents," says David Krause. Krause is an air quality engineer and former employee of the Florida Department of Health. He also adds, "These similarities indicate a similar potential for adverse health effects."

Support for the oil industry

Paraffin is the final residue left over from crude oil refining. It has become a leading wax for use in cosmetics, food and candle making because it is inexpensive and easily accessible. And the oil industry is making a healthy profit from its use.

Paraffin wax is a non-renewable source. Once all the crude oil is gone, we will no longer have it. Paraffin burns faster and warmer than most waxes, creating more concern about fire hazards than necessary. Being oil-based, pouring paraffin wax does not clean easily.

Health Concerns

The major concerns that arise before the research are dealing with high levels of internal pollutants, especially soot and lead. This is a major problem as the soot carried by the air can penetrate into the deepest areas of the lungs and lower respiratory tract.

Paraffin candle burners can be exposed to inflammatory agents, carcinogens and teratogens. This can lead to an increased risk of cancer, neurological and behavioral deficits, and an acute exacerbation of existing respiratory diseases such as asthma.

It is estimated that shows in the home can be kept up to 10 hours after the candle is extinguished.


Paraffin candle soot can cover your walls and has resulted in millions of worth of insurance claims in North America. Test results with scented paraffin candles look even more unpleasant.
Paraffin candles cannot be scented with natural essential oils because they will be decomposed by petrochemical-rich wax. This has led the candle industry to create more compatible oil based fragrances. When these scents are added to the mixture, much more soot and chemicals are released.

Solid soot can be seen rising in consciousness. But even a visually pure burning candle can still emit significant amounts of lead.


In 1974, the American candle industry voluntarily discontinued the production of lead wick candles. But with the lack of a formal ban, they are still on store shelves. On average, 30% of candles contain lead. Lighting lead candles can lead to a concentration of lead in the air above the EPA recommended limit.

Metal core fittings are used to shorten production time – stand alone while the candle is being poured. Zinc joints are a better choice, but they still release unwanted chemicals. Even burning candles in metal containers can increase the amount of pollutants in the air.

More chemicals

The main focus of this article is on the dangers of soot and lead. I thought I should include this list of chemicals commonly found in paraffin candles:

Acrolein, formaldehyde and acetaldehyde crossing EPA safety thresholds, dibutyl phthalate, diethyl phthalate, bis (2-ethylhexyl) phthalate, didecyl phthalate, toluene, styrene, benzene, styrene, toluene, ethyl benzene, naphthalene, naphthalene, naphthalene, naphthalene, naphthalene, naphthalene , naphthalene, naphthabutone ketone) and acetone.

You can add mineral oil, terpenic chemicals, modified hydrocarbons and viscosity-enhancing chemicals to your candle gel preference.

Alternative – a breath of fresh air

All is not lost. The growing popularity of waxed vegetable candles offers us a healthy and eco-friendly alternative. Look for candles made from soy wax (http://www.valhallaessences.com/Products/soy_candles.html), palm wax and so on. Insist on a wick made of cotton or other natural source fibers.

Most importantly – never let them fool you with claims of a "natural" candle scented with pecan butter. Pecan butter and many other plant-free creative scents are chemicals, as are more expensive nature scents like rose. The rose essence (chemical scent) is about $ 7 / oz, the rose essential oil (the real thing) is about $ 200 / oz. So it is not likely that you will get a rose candle smelling the right thing for less than $ 30 (which is small). When in doubt – ask.

Crypto TREND 2017-01

Everyone has heard how bitcoin and other crypto currencies made millionaires out of those who have recently bought a year ago. The profit of 1000% or more is not only possible, they are a common place for many of these crypto currencies. Someone who bought a bitcoin in May 2016 is less than $ 500 would have a profit of 1400% in about 17 months. Then in the last few days we have seen that bitcoins lost nearly $ 1,000, so if you say these crypto currency with the & # 39 is variable, it would be a small understatement.

Since the inception of Bitcoin in 2008 we Trend News skeptical about the possibility of the survival of crypto currency to survive, given that they represent a very clear threat to governments that want to see and tax all transactions. But while we can still be cautious with regard to the actual currency, we know about the potential of the core technology, which controls these electronic currency. In fact, we believe that this technology will be a significant violator in data management and will affect every sector of the global economy, as well as how the Internet has influenced the media.

Here are some questions and answers to get started …

Question: What is the crypto currency?

The most well-known crypto currency (CC) – BITCOIN. It was the first CC, launched in 2008. Today there are more than 800 CC, including Ethereum, Litecoin, Dash, Zcash, Ripple, Monero, and they are all "virtual". There is no "natural" coins and currency.

Q: How can work CC?

CC – it is a virtual currency that exist in very large distributed databases. These databases are used BLOCKCHAIN ​​technology. Since each Blockchain database is widely believed that it is protected against tampering, since there is no central attack and every transaction is visible to everybody on the network. Each CC has the administrators group, often referred to as "miners" who check transaction. One CC named Ethereum uses "smart contracts" to verify the transaction. Crypto TREND provide more details in future news publications.


Blockchain – a technology that is the basis of all CC. Every transaction for the purchase, sale or exchange of CC is the block that is added to the chain. This technology is complex and is not to be interpreted here, but it has the potential for a revolution in the financial services industry, as the operation can be performed quickly and easily, reducing or eliminating fees. The technology is also being studied for use in many other fields.

Question: are regulated by the state exchange CC?

For the most part the answer – NO, that for some users – a big attraction of this market. "Wild West" now, but the governments of most developed countries are studying the market to decide which adjustments may be necessary. A big decision – whether to apply to the Central Committee as a currency or a commodity / security. Canada and the United States still claimed that the COP is legal, but the situation on the report and the tax consequences remains difficult. Crypto TREND will monitor and report on these events.

Q: How can I invest into this market?

You can buy, sell and exchange CC, using specialized "Exchange" service, which act as a broker. Start by selecting the Exchange, to establish an account and transfer fiat-currency in your account. Then you can post Buy and sell orders CC. There are many stock exchanges around the world. Opening an account is quite simple, and all these exchanges have their own rules concerning the initial financing and withdrawals.

crypto TREND in the future we will recommend to the Central Committee of exchanges.

Q: Where can I store the CC?

To be able to move their crypto-currency, and pay bills, you need to have a digital wallet. These wallets come in several formats, such as the desktop, cloud-based, hardware (USB), mobile phone, and paper. Many of them are free, but the security – is an important factor, because no one ever wants to lose money or steal it. Crypto TREND would recommend digital wallets in the future.

Q: What can I do with my CC?

In addition to investments in CC products, you can also use the crypto currency for certain financial transactions, such as money transfers and pay bills. List of companies taking crypto currency, is growing rapidly and includes big hackers, such as Microsoft, GAP, JC Penny, Expedia, Shopify, Bloomberg.com, Dish Network, Zynga, Subway and WordPress.

Q: What's next?

Since, we will keep each of the articles on the Crypto TREND short and narrow will be possible. As we mentioned earlier, we believe that the exchange of encryption technology will change games, and such potential investment opportunities come once or twice in their lifetime. Make no mistake, early investments in this sector will be only for your most speculative capital, the money you can afford to lose.

Even if you do not want to invest money at this time, getting an early understanding of this new disruptive technology to put you in an advantageous position to profit from our recommendation, if we move forward.

Expect to see a new news and specific recommendations from Crypto TREND, when we begin a path that may at first seem like a foreign jungle. This is an unstable market and may not like all investors, but Crypto TREND will be your guide if and when you're ready.

Stay tuned!

The advantages of using automated forex trading

Using a robot or automated system for trading in the Forex market is of great benefit. It disables all human struggle and stress and do what man can not do properly. This is a newly developed computer software & # 39; yuteryzavana and aims to identify trade signals and financial news. The main objective of the program with the & # 39 is to identify profitable trading and currency pairs.

Anyone who uses the trading system can personally define their own criteria. The robot is able to properly check all the predefined parameters and ensure that the conditions before entering into the transaction. Once the conditions are met, the robot will be right to buy or sell.

Here are the three main benefits of using an automated or automatic system:

1. Trade without problems

Contrary to fight human, stress and feelings, the system works fine. After the determination of the parameters do not have anything to worry about. It takes its own decision to trade without human intervention.

2. Replacement for part-time traders

Members half-day of the automated system must be present in order to analyze the market before you start trading. Once it is activated, the robot trades, if enabled, and defines good trading opportunities.

3. 24/7 bids

This automated system is so beautiful that it allows you to trade forex at any time of the day without supervision human intervention and others.
There are many automated systems, and users can decide selection to choose from, depending on whether they are simple, fast and effective. Characteristics of some of these automated systems:

1. Remote access
2. Virtual private employee, was hosting service
3. This instant monitoring
4. Reporting.

We have seen, as stated in the introduction, the benefits or advantages of using automated forex trading systems. And it's a great opportunity for every trader to invest without fear and collect huge profits.

You think about investing? Think about Bitcoin-Way

What is bitcoin?

If you are over, you have heard of bitcoin. It was one of the biggest part of the news over the last year or so – how fast razbagatselnaya scheme, the end of finance, the birth of a truly international currency, as the end of the world, or as the technology developed. world. But what is bitcoin?

In short, we can say that bitcoin – this is the first decentralized money system, which is used for Internet transactions, but, probably, it will be useful to dig a little deeper.

We all know, in general, that & # 39; money & # 39; there is and what it is used. The most important question, which is testified by using money before Bitcoin due to the fact that it is centralized and controlled by a single entity – the central banking system. Bitcoin was invented in 2008/2009 anonymous creators, who goes under the name & # 39; Satoshi Nakamoto & # 39; decentralization to bring the money in the world. The idea is that the currency can be traded on the international lines without too much difficulty and payments, checks and balances will be distributed around the globe (and not only on the books of private corporations and governments), and money becomes more democratic and are equally available to all.

Getting started bitcoin?

The concept of Bitcoin and cryptocurrency general was opened in 2009 by an unknown researchers Satoshi. The reason for his invention was the decision to centralize the use of money problems, which relied on the banks and anyone & # 39; your computer, and the problem that many computers are not satisfied have been satisfied. Achieve decentralization has been done since the late 90s without success, so if Satoshi in 2008 published a paper which proposed a solution that was greatly welcomed. Today, bitcoin currency became familiar to Internet users and has created thousands of & # 39; altkoinav & # 39; (Cryptocurrency that are not of the & # 39 are Bitcoin).

How is Bitcoin?

Bitcoin is made through a process called mining. Just like paper money are made by printing, and the gold is extracted from the earth, bitcoin is created by Mining & # 39; Mining involves solving complex mathematical problems with respect to the blocks with the use of computers and add them to the general ledger. When it all began, for my procedure it was necessary simple CPU (for example, a home computer & # 39; yutery), however, the difficulty level has increased significantly, and now you need special equipment, including high-end graphics processing unit (GPU). mine Bitcoin.

How can I invest?

Firstly, you need to open an account on the trading platform and create a wallet; you can find some examples pashukayuchy in Google & # 39; Bitcoin & # trading platform 39; – they usually have names associated with the & # 39; coin & # ;, or 39 & # 39; market & # 39; After joining one of these platforms, you click on the assets, and then click on the crypt, to select the desired currency. there are many indicators on each platform, which is very important, and you must be sure to observe them carefully before investing.

Just buy and hold

Although mining – the most reliable and, in a sense, the easiest way to earn bitcoin, this involved too much, and the cost of electricity and specialized computer & # 39; computer hardware makes it inaccessible to most of us. To avoid all this, make it easy for yourself, directly enter the desired amount in your bank account and click "buy & # 39;" and then sit back and watch as your investment is increasing in response to price changes. place on many exchanges platforms available today, with the ability to trade between different currencies Fiat (USD, AUD, GBP, etc.) and various crypto-coins (Bitcoin, Ethereum, Litecoin, etc.).

trade bitcoin

If you are familiar with stocks, bonds or exchanges Forex, you will realize that the crypto-commerce easy. There are brokers with Bitcoin, such as e-commerce social, FXTM marke.com, and many others that you can choose from. Platforms provide you with currency pairs or Bitcoin-fiat fiat-Bitcoin, such as BTC-USD is trading Bitcoins for US dollars. Watch for changes in prices, to find the perfect pair, depending on the changes in prices; platforms provide prices among other factors to give you the appropriate trading tips.

Bitcoin as stocks

There are also organizations that allow you to buy shares in companies that are investing in the Bitcoin – these companies are engaged in back and forth, and you simply invest in them and expect monthly payments. These companies are just about the & # 39; combine digital money from different investors and investing on their behalf.

Why invest in bitcoin?

As you can see, investing in Bitcoin require some basic knowledge of the currency, as explained above. As with all investments, it suggests the risk! Question, to invest or not is entirely up to the individual. However, if I give advice, I would advise to invest in bitcoin for the reason that bitcoin continues to grow – albeit a significant one took place during the boom and the drop, it is likely that cryptocurrency as a whole will continue to increase in value over the next 10 years. Bitcoin – the biggest and most famous of all modern cryptocurrency, so it's a good place to start, and the safest bet. Despite the change in the short term, I suspect you will find that trade bitcoin is more profitable than most other businesses.

Cebu City, Philippines – Good, Evil and Ugly

A first-time visitor to Cebu City might exclude some city spots. The city has several world-class resorts, hotels, beaches and diving sites. There are also some parts of the world that have the most devastating poverty. The city of Cebu is the capital of Cebu province and is the second largest city in the Philippines, after Manila. I always feel at home and lived in the city before I built my home in the rural province of Cebu in the Kamotes Islands. Cebu City is a mix of old and new, rich and poor, good and bad and beautiful and ugly. There is also a mix of clean and really dirty or dirty. The rule of thumb for anyone who goes to Cuba for the first time is not to make a quick judgment.

My first trip to Cebu City was in February 2004. I went to the Philippines to meet a girl (Judith) who is now my wife. I flew into Cebu-Mactan Airport and was greeted by Judith and one of the sisters here. My flight started in Florida and the last part of the flight was from Hong Kong. Cebu International Airport is just a bit outdated but very functional. Once outside the airport gate, I saw waves of people waiting to meet people departing from Hong Kong. The airport was not so busy when I arrived and I think my plane was the only flight that arrived at that time. As people from my flight were walking in front of the airport gate, they were bombarded with a shuttle, taxis and greetings for rent, all trying to get to the ticket. I met Judith just outside the airport door. She, her sister and I jumped into an old Kia Taxi and went to my hotel.

The taxi was old and not very well maintained. The air conditioner did not work and the window would not lower. Of course, it didn't matter because I couldn't close the door because the door handle was broken. So, I have a lot of air. The hotel was about 30 minutes drive from the airport. As we toured the city streets, I saw crowded sidewalks of even greater crowds by many sidewalk makers and street vendors. Some of the roads we traveled were moderately maintained, while others were in very poor condition. The roads were crowded with many cars, but mostly Kia and Hyundais. There was also a lot of Jeepney, the Philippine traditional method of travel. The Jeepney looks like a stretched-out military jeep with a hardtop and large cargo area used for two benches to seat passengers. Jeepney's are usually painted with many different colors and lots of chrome. Many jeeps are poorly maintained and most have bald tires and the braking system may be questionable. Also, there were lots of little motorcycles.

After only a few minutes of traveling, I decided that the most dangerous vehicles in Cebu were Jeepney, Taxi and finally a motorcycle. Jeepney drivers rule the road and stop on either side of the road to pick up or drop off passengers. I saw many jeeps intersect both lanes to drop off people, and then I saw others quickly swerve into the road and intersect traffic so that the driver could jump out of the jeep to urinate on the side of the road. Taxis are no better, but they are a bit less of a threat as vehicles are smaller than jeepney Motorcycles look dangerous only to motorcycle riders and passengers, and all those who walk on the side of the road or on the sidewalk. Motorcycles make their traffic lanes on a small shoulder of the road that could offer or sometimes ride along a colored timeline as a narrow pavement to make an extra lane for themselves. At other times, I saw motorcycles climb down sidewalks weaving pedestrians. Still, the pedestrians seemed a little worried about negligence and just continued on their way.

As we continued on our way to the hotel, we drove through different areas of the city. Some areas were very old and the buildings looked like they were ready for demolition many years ago. Many store buildings and facades are made of plywood or corrugated steel sheets added to broken windows, and steel bars cover the window or plywood. I can't imagine what the cost of steel bars would be because the buildings were so bad. I was sure the contents inside were no better. I noticed a few small store fronts with one large open widow covered with chicken wire. These small shops are the size of a small closet and there are a dozen or so small shops on each street. They are called sari-sari shops, and they only sell very few items such as canned fish, rice, snacks, cigarettes and so on. Most of these small shops are attached to the front of private homes and are roughly made of unpainted plywood and tin roofs. Most Sari-sari stores block the pavement, forcing people to walk on the road to bypass the protruding plywood frame. Other Sari-sari stores have a small table or tables along narrow sidewalks for rum shoppers who buy rum and a karaoke machine to help block the sidewalks.

In many old areas, sidewalks are crowded with shops, tents or some other type of rushing shelter to sell goods. The sidewalks belong to the suppliers, and the pedestrian is left to find his own way around the ugly obstacles. These little sidewalk shops are blocking the store buildings behind, and I still wonder why store owners allow vendors to block their stores. Old neighborhood streets and sidewalks are dirty in most parts. Trash is everywhere on the streets, chickens are tied to columns or streets as are dogs. Many old homes along the city's commercial streets may or may not have running water and a sewer system. Many people use the streets and sidewalks as their bathroom and even a sidewalk bath. Old neighborhood infrastructure is almost non-existent. Poor drainage, poor sewer systems and power lines hang low to the ground with hundreds of wires that are carelessly attached to one pillar of wimpy. I often wonder how trucks do it under those wires without hitting the wire. In many cases, larger trucks really hit the wires and power up much of the city.

One thing that stood out to me as we passed all those spaces in the taxi was the people everyone seemed happy with. Despite what I saw as great poverty and terrible living conditions, these people, or at least many people, were happy. Although most of the people I have seen running down the sidewalks down their daily routine. I thought these people did the same thing as other people in any major city around the world. However, my first visit to the city of Cebu opened my eyes to the fact that at least the city was hit by poverty or had a large population living in poverty.

After about 30 minutes by taxi, we entered a much nicer part of town and there, like an oasis amidst all the poverty, was this beautiful hotel and the large modern shopping mall next to it, as well as several large modern well-maintained high rise buildings. The scene was a big difference from the old areas of the city. This area can be found in any modern American city and looked very similar to the commercial part of the city in the US. The area is called Ayala Business Park and Ayala Shopping Center. This is modern Cebu City and it is everything you would find in any modern city.

Once at the hotel, Marriott, I walked into a very nice room and we all went to the dining room for a nice lunch. Shortly after, only Judith and I, as her sister, went home. Then Judith took me across the park to Ayala Mall, just a five minute walk away and once in a while at the mall I was thrilled. The stores were the same as in the US, Ace Hardware, Levi, MacDonald's and so on. In addition, several Filipino department stores and many different types of restaurants and cafes. All the store clerks and salespeople spoke English, and most Filipinos who passed the shops spoke English. The others used a mixture of English and their native Cebuano. All store signs are written in English and restaurant menus are written in English. In many ways, I felt like I had just traveled 20 plus hours from Florida to be in an American city.

Although there were many other foreigners at the mall, many Filipinos walked by asking me where I was from and generally, they were all very kind to me. While at the mall I bought some souvenir items to take home, and Judith and I just did a lot of shopping for showcases. I was happy to see that the prices of most things in stores were very cheap compared to American ones. At that time, one US dollar bought 56.00 pesos. Today, it's one dollar for about 44.00 pesos. Still a good job, but I'm careful about my spending today. By mid-afternoon I was ready for some sleep after a long flight to Cebu. Judith went home, and I retired to my hotel room.

The next morning Judith was in the hotel bright and early, we had breakfast at the hotel and then went to see the city and some beach resorts. Cebu has beautiful and wonderful resorts and all very affordable. The resorts are well maintained and modern. The largest population of resort customers are Filipino foreigners and staff. I'm quickly changing my mind about a city from third world poverty to a modern commercial and tourist city with a few old areas that needed a lot of help.

During my trip to Cebu, we entered the old Colon area. Colon is the oldest street in the country and has several attractions. However, the colon is a dirty area of ​​very old and poorly maintained buildings. Prostitution is a major problem in the colon area, as is street crime. Beautiful markets and great facilities can be found in Colon, but this is not an area for a new tourist. Hotels can be found at a great price in Colon. Some only cost $ 20.00 per night, but these hotels cater to those who pick up streets and girls and rooms are very dirty. Last year, Judith and I stayed at two different Colon hotels. We entered the city for our monthly shopping from Camotes Island. We decided to try the hotels because they are cheap and close to many foreign markets. I would never stay at any of these hotels again. The best words to describe them are old, dirty, cracked rats and full of prostitutes. Both hotels seem to offer single men and girls that men can find at Colon bars or on the streets. The area has several small bikini bars with Bar girls (prostitutes) also called GRO. If you are not looking for a prostitute, there is little reason to go to Colon in the dark, and even then you have to be very careful. It is not intended to say that the whole Colon is bad. There are some nice shops and restaurants in Colon. I enjoy shopping in the Colon area, but one has to be careful in Colon.

During my first visit, I saw most of all areas of Cebu City and felt safe at all times. Of course we didn't go dark into the old parts of town. Instead, we were at resorts or around Ayala Park, all of which are very safe and comfortable areas. I would recommend Cebu City to anyone who wants to go to a great resort and spend time on the beautiful beach, diving, taking a boat trip. the outer islands and they don't spend a lot of money. There is so much to see and much to see in Cebu City. Staying at any resort is very affordable for only about $ 60.00 per night and some for $ 250.00 each. Dinner at restaurants is also very cheap. Meals at nice restaurants can only cost $ 10.00 to $ 20.00 for two people, I had a wonderful time during my first visit. However, Judith was also my guide as my girlfriend. I'm not sure I would have loved Cebu City as much as I did if Judith hadn't been with me during her first trip.

Shortly after my first visit to Cebu City, I moved from Florida to Cebu City in 2004. By this time Judith and I were getting married and I wanted to live in the Camotes Islands. However, we decided to live in the city while looking for land to build a home in Camotes. The Camotes Islands is a rural province of Cebu and only two hours away by boat. We rented a brand new two bedroom house in the Lahuga area of ​​Cebu City. Monthly rent was only $ 125.00 plus our TV cable for about $ 15.00 a month. The house was on a hill overlooking the city and close to everything we needed. Lahug is a very nice area and many new subdivisions are now being built in the area. Our monthly budget while we lived in Lahug was around $ 700.00 and that included rent, utilities, food, taxis and even lots of dinners at restaurants and parties. I suppose if we were still living in Lahug, the budget would only be a few dollars a month.

In just a few weeks after moving to Lahug House, I felt like Cebu was my city and I really enjoyed the city life. The city has a lot to offer the foreigner and the city is always trying to attract more foreign retirees. It really is a foreign (expat) friendly city. The largest group of foreigners in Cebu are Koreans, followed by Americans, Australians, British and Japanese. There are no racial tensions or problems in the city that I am aware of and the city is very safe. However, like any major world city, there is crime, but if common safeguards and precautions are used, a happy life can be had in Cebu City. Driving in the city is something I've never tried, and I don't think I'll ever drive in the city again. Taxis can get you almost anywhere in the city for $ 1.00 to $ 2.00 and that's fine for me.

Shopping in the city is great and there are products from all over the world in Philippine stores. Many grocery stores have Western brands, so you will never get in trouble for your favorite food from home. Outside markets located throughout the city offer great benefits and it's always fun to negotiate prices with suppliers. Cable TV is available in the city and offers numerous US broadcasts and news programs. You can head to the movies and watch a new movie for about $ 1.00, and popcorn is just a few pennies. The city has grown since I moved to the Philippines. There are many new closed-door subdivisions providing services to overseas buyers, new high-rise apartment buildings and resorts continue to attract foreigners. Two major shopping centers in the city, Ayala and SM, are expanding. Many roads have been upgraded, as has infrastructure in many areas. The city is a big attraction for tourism and is always trying to bring in more tourists and more foreign retirees.

Any expatriate with a monthly pension of about $ 1,000.00 can live like a king in the city of Cebu. You can live on less than $ 1,000.00, but I think $ 1,000.00 is a real value if you include saving every month for emergencies, travel, and medical supplies. The city has really good hospitals and the cost of treatment in the Philippines is much less. Good dental care at very reasonable prices is also available in the Philippines. Many people go to Cebu for medical or dental holidays. Just remember if you think you want to move to Cebu City do your homework. Do you want to live in a new country? do you want to be separated from your family and grandchildren? If you are married, how does your wife feel about living in Cebu? If you have young children, do you want to live in a new country and what about their education? Do you have the patience and understanding to learn and live in a new culture? Do you have the money to live a good life in Cebu without having to find a job? Do you have enough money to cover any type of emergency that can require between five and ten thousand dollars? Finally, what is your reason for wanting to live in a new country? If you can be honest with yourself and have a positive answer to the above questions, then maybe Cebu City is for you?

Remember too, the Philippine economy is struggling. Filipinos with four and six years of college graduation are driving taxis or working as clerks in commerce. Country unemployment is through the roof. Poverty is a major issue in the country. With all the beauty of the Philippines, poverty continues to plague many Filipinos and their future, creating an ugly face for an otherwise beautiful country. Just this week, on November 8, 2007, an 11-year-old girl in Manila who lives with her mother, father and little brother in a visited town. The reason the girl left in the note was because of the poverty that her and her family lived. The father has been unable to find work for months, and the mother only works for $ 1.00 a day. The girl had just asked her father P200.00 the night before for a school project. My father had no money, just under $ 4.00. All the girl wanted was to finish school and buy a new bike. A simple dream compounded by severe poverty in a country struggling to overcome political corruption and theft. Remember, what you can spend for the Philippines in just one day is that Filipinos can live for a month. Poverty really takes lives.

I truly love my lifestyle in the Philippines, but it took some time, patience, understanding and a few sacrifices to live in the Philippines. I made a few mistakes before coming here and a few since I lived here. I didn't have enough money when I came here in 2004. I made a few trips to Florida to do some contract work and then returned to my beloved Camotes Islands. I am currently out of home because of a teaching contract. However, for me it is worth the price to have only a few months a year in my paradise called Camotes Islands, Cebu, Philippines. I think anyone looking for a great vacation will enjoy Cebu City. Those looking to retire on a modest pension can make a good living here, but just be sure that living in a new country is right for you. Before you decide to move here, it is wise to first come on vacation and see the city for yourself. Then you can decide if this is the life you want. Once again, for me this is paradise.