kreem - first thing is to be really clear about the time-frame
of your portfolio investments, and not let trading considerations
creep over into longer-term investments. Bottom line is, oil
will correct at some point but within a year or 18 months it will
most likely be 200/barrel. Gold and gold stocks may correct
but sometime around when oil is 200, gold will be 1600 . . .
Agricultural is correcting right now, but food costs are only going
to go higher, not lower.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
kreem - first thing is
crazy
Posted by Michael on 3rd of Jul 2008 at 10:25 am
kreem - first thing is to be really clear about the time-frame of your portfolio investments, and not let trading considerations creep over into longer-term investments. Bottom line is, oil will correct at some point but within a year or 18 months it will most likely be 200/barrel. Gold and gold stocks may correct but sometime around when oil is 200, gold will be 1600 . . . Agricultural is correcting right now, but food costs are only going to go higher, not lower.