Forex and Preparedness– What’s the Connection?

Joe Gelet contacted me to refer me to an article entitled What Preppers haven’t Prepped for – the big gaping hole, which sets forth the idea that preppers have prepared for many things, but most have overlooked suitable financial preparation.

This affects our day to day lives both now and in the future, whether you’re concerned about your retirement fund or the ever increasing price of a loaf of bread. Joe’s remedy? The info in a book he wrote called Splitting Pennies: Understanding Forex.

What is Forex? And what is the connection to preparedness? We should know something about this if we’re going to understand how the monetary world works so we can best be prepared to live each day or face an economic collapse.

Joe and I talked about these things on this week’s DestinySurvival Radio.

Below I’ll pass along info to help you get acquainted with who Joe is. Then I’ll share observations about his book and our conversation.

Getting to Know Joe Gelet

Once you have a look at the following info, you’ll have to agree it takes such a bright person as Joe to tackle something so complex to the rest of us mere mortals.

“Joseph James Gelet was born in Anaheim, California in 1980 and grew up bi-coastal, in Southern California and Boca Raton, Florida. His interest in computers led him to electronic trading and algorithm development when there was no ‘program trading’ or algorithmic industry to speak of. Joseph Gelet has been trading since 1996. He began day-trading equities during this time and was always on the cutting edge of algorithmic electronic trading.

“In 1999 Mr. Gelet began a quest to develop an intelligent trading system for the markets – but at that time algorithmic trading was heresy. In 2002 Mr. Gelet founded Elite E Services in New Zealand, the first boutique Forex broker in the jurisdiction (currently, New Zealand is a Forex hotspot).

“In 2006 Mr. Gelet became registered with the NFA as a Member CTA (#373609) with a Series 3 designation, Gelet featured in futures magazine through Elite E Services, Inc. USA – and for many years, managed client funds using algorithmic Forex systems. EES was twice named top 10 CTA by Barclay Hedge, as well as receiving press from publishers such as Futures Magazine, Stocks & Commodities magazine, FX Magazine, and many others.

“Mr. Gelet is a well read author, he has authored 2 books on the topic of Forex as well as countless articles both in leading print and online publications.

“Always staying on the cutting edge of algorithmic electronic trading, he recently pioneered the first Binary Options Forex robot available in MT4 format. He also is an expert Forex consultant to Steinmeyer Law, a leading securities class action & anti-trust litigation firm. He holds a Series 3 license (Commodity Trading Advisor), and has developed an in-depth Forex training course which has helped many Wall St. professionals and international investors understand the nuances of Forex.

“Mr. Gelet has been the Forex & IT consultant to many FCMs, FDMs, Banks, Hedge Funds, and Universities. Due to the overwhelming amount of fraud and unscrupulous practices in Forex in the United States, Elite E Services decided to withdraw from the NFA in 2014 in pursuit of opening a Forex bank.

“Joseph Gelet lives in South Carolina with his wife.”