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Terrible is about to begin a large mutation Gold fell to 850

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Money Talk > Investing, Stocks and Bonds

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wangdabao
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Cash: $ 0.50

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Joined: 14 Mar 2011

Terrible is about to begin a large mutation Gold fell to 850  Reply with quote  

Gold's rally has formed a high point At around 1540 U.S. dollars It fell to around U.S. $ 850.Gold's decline is its own and the social aspects of the start of a series of drastic changes(Petroleum, copper, silver, stocks, subprime crisis, exports). These dramatic changes will ultimately affect the lives of you and me,Result of good or bad ,May God bless you my friend.


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Post Sun Jun 19, 2011 5:29 am
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phattonez
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Cash: $ 1.10

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Joined: 20 Jun 2011
Location: Los Angeles
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The price of a lot of commodities is going down in response to lower gas prices. That bubble was mostly due to speculation about Middle East unrest. Now that it has calmed down, commodity prices are dropping. But the fundamentals are still the same. You have inflationary pressure due to cheap credit. These prices are bound to rise. I'd hold long-term for a rise in commodity prices.
Post Tue Jun 21, 2011 12:37 am
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