Shares & Derivatives
Which commodities stocks will you invest in?
By Singapore Stocks Investing (SSI)  •  October 22, 2014
Gold used to be “safe haven” for people to “take refuge” in when inflation rates are high but when I see the correlation between the Quantitative Easing, the dollar performance and the gold price movements, there is no direct correlation. According to a report which I read, people nowadays do not have that emotional rapport with gold as they used to as they do not really use gold common today, or to even see gold often now in this IT age. Hence it may now be untrue that if the dollar goes down, the price of gold will increase. Gold is a scare resource and same for oil. Oil prices should continue to rise in the long term, but all it takes is for an announcement from the Middle East of a glut in oil production to set oil prices heading south. And one of the worst-performing commodities so far ......
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By Singapore Stocks Investing (SSI)
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