uncertain expected news , page-6

  1. 11,632 Posts.
    Early I know but US futures have jumped out of the block this morning.
    Ok do I like copper yes. do I like gold you bet, do I like anything better than these two at present ? no. Ok I think our banks are huge thieving cash cows and I can't see any economy moving forward with out them (mains banks) remaining strong over med to long term.

    Back to copper and gold. Lets also bring price charts into this, the thing I like about price charts is so many times a picture paints a thousand words. They don't have opinions, there's no gray areas, no real three sides of the coin. while past performances can never be a guarantee, I do believe it helps you to see how in general if people are/or are not drawn to the products/companies/commodity /non commodities. We wouldn't go buy a house where we know prices have been falling the last 10 years would we ? because there would be a clear reason for it more that likely so a price chart will clearly show you, you'll would have to do your diligence if that was the case even more or stay away. They're also great in showing you by the simple smoothness of the price line, how volatile the produce is.

    I'm of the strong opinion gold is NOT a commodity. It's a store of wealth. Let but up a price chart and let look at lets say. copper(in red)Gold(in brown)Platinum(in blue)and for some real volatility Rhodium(in green) cant put more than 4, but oil is pretty bumpy as well

    Ok usual disclaimer I've been wrong many times.

    This better work.

    Ta DA

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