Economic Analysis for Day 1828

Day 1,828, 04:22 • Published in USA USA • by AeroGent

Fundamentals:
The eRepublik Labs company has offered a significant discount on many assets and production costs yesterday. In addition, the rank points given per hit have been increased by 50%. This has led to a 30% reduction in the cost of gold on the open market over the past two days, as people are moving their currency into capability.

The eUSA congress has completed a budget. This should lead to an increased demand for resources, as money is used to buy weapons and energy for government priorities. However, the administration has not been focusing on military campaigns.

Congress has left the taxes at 25% for wages, 5% for value added tax, and 1% for imports. Congressman Fingerguns has mentioned that tax revenues are down. The Congressional Budget office currently has 6.6k in gold (worth about 2.6M eUSD), and 4.8M eUSD. The treasury has 0.92 in gold, and 307k eUSD. Over the past week, 200k eUSD has been transferred to the Congressional Budget Office. There is currently 308k eUSD and 1.5M energy units on the Airstrike balance sheet.

The eUSA food bonus is 1.6, and the weapons bonus is 1.4. The most effective way to make money for everyone except Division 4, as Jetmets details in the eNY Times, is to purchase a weapons raw material plant and sell the production on the open market. See the eNY Times for more details.

[img]http://ubuntuone.com/12jqeQS1WVgEzm0dzX7Qlh[/img]

Technical:
Gold is currently trading at recent resistance at 397. If the downtrend from day 1774 does not hold, expect a breakout back towards 490. We are currently in a corrective wave, with a resumption of the downtrend expected in the next couple of days.
The 'SMA' lines are simple moving averages, with 10 periods, 20 periods, and 50 periods. If the price, labeled as 'close', is above the line, the market is in an uptrend, and if below the line, a downtrend. Most advise a buying bias in an uptrend, and selling in a downtrend.

The most profitable item to buy for all but Division 4 is a level 3 weapons raw material plant, otherwise known as an aluminum mine. It is currently returning 115% per year at today's gold prices.

It is always better to make a little money than lose a lot. Good luck with your trading!