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Buying Commodities in Singapore
By Dr Wealth  •  September 28, 2009
[caption id="attachment_3489" align="alignright" width="150" caption="Photo by KevinLallier"]Photo by KevinLallier[/caption] Remember commodities were rather hot during the bull run in 2007? Many banks and fund management companies began to introduce new commodities fund to feed the desperate demands in Singapore. Many people who bought commodities at that time would have suffered a great loss as the commodities dived with the stock prices during the crash. But how about now? Jim Rogers is still pretty bullish on commodities. He said that if the economy does improve, likewise the stock market, commodities will be back in demand and prices will increase. Otherwise, if the market does not recover, he believes the only thing that can make you money will be commodities and not company shares, because people will still require commodities in their daily lives. In fact, because there will not be enough capital to fund development and production of commodities, supply may drop. You may want to watch the following video which captured the interview with Jim Rogers: Indeed commodities prices have been rising steadily in the year of 2009. At the time of writing, gold price has shot above US$1000/ounce from the low of US$680+ in late 2008. I have heard prediction of gold going to US$2000/ounce and crude oil to US$200 per barrel. Do you believe commodities will rise again? Here are some of the ways you can capitalize: Read more...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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