The price of Gold briefly hits $1,030 an ounce
Oil and gold jump to new records
The spot price for gold also briefly hit a record above $1,030 an ounce. Oil also hit $109.00. Some say oil will reach $200.00 in a few years. Are you planning to invest in commodities yet ? I’m still learning how…
There are risk in commodity stocks , I will think & do some research & may short term investment ,
Good Luck ,
Tracy Ho
wisdomgettingloaded
Before you go off and do a large commodity trade please do some research. Historically commodities have no faired all that well as they have risen with the rate of inflation – go figure! One thing commodities do well is not correlate with the rest of the market. This can create a nice diversification benefit for your portfolio.
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Thank you very much for the great information…This is an important thing to get right
Thanks for the useful information
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