You’d be amazed at some of the things investors overlook. If you invest in gold — or any other metal — there’s one you thing you should NEVER overlook.
Erin and Isabel, our Miner Diarists, provide us with an entertaining story today — about commodities traders who forgot the fundamental purpose of a commodity.
But this has serious investment implications, too. Unlike some of my colleagues, I’m pretty luke-warm about gold. Neither for nor against — I don’t know much about it, and don’t especially care to!
It’s a stance that may end up costing me a fortune... but there it is!
To me, it’s always seemed a commodity driven by speculation. Most of the demand for gold is from investors, and investors are fickle.
But today’s article from Erin and Isabel has given me pause for thought. Maybe there is something — something real — behind this here gold story...
Discover what Erin and Isabel reckon is the one thing metals investors should always remember. The FTSE takes a dive. Time to panic? "The FTSE’s lower than it’s been for nearly three years," says colleague Theo Casey.
But Theo’s not worrying. He’s a stocks man, after all, so he’s only worried about finding the gems.
Are there any gems in a market like this? Well, you have to look a lot harder, but Theo believes there is.
Find out why our man’s not sweating it — and what strategy he’s using to beat the market blues. Finally! Manraaj can reveal his biggest profit play of the year... Two days ago, Manraaj was bouncing around like Zebedee on a trampoline! He had an investment he was dying to tell his readers — and you — about, but it first had to be checked by our compliance department...
But the good news is, he’s now ready!
Very soon, Manraaj will tell his readers about a very unique company — a company that controls half the world’s supply of a very important resource...
Find out HERE how you too can get in on this ground floor opportunity! Until next time,
Ben Traynor
Today’s Daily Reckoning — Hard against the rock; crushed by the boulder Yesterday, there were more ghost sightings. Many analysts and commentators thought they saw the spectre of the ‘30s. Others could have sworn it was a poltergeist from the ‘70s.
The US stock market got smacked down yesterday — ending the day with a loss of 355 points on the Dow.
The proximate cause of this punishment, according to the papers, was yet more bad news from the oil market. The oil pot bubbled up yesterday. The price of crude rose more than $5 to close at its highest point ever -- $139.
Hey, where’s all that cheap oil the neo-cons promised when they invaded Iraq?
You can read today’s Daily Reckoning in full HERE.
P.S. If you enjoyed this article then we encourage you to sign up for the free
Fleet Street Daily eletter. Learn what you can expect from today's markets -- and how to prosper in the face of uncertainty. You won't find more thought provoking writing anywhere on the Internet.