ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Sunday, October 10, 2010
The Week Ahead for Oil and Gold
This short video discusses how oil and gold will be on the rise again this week for the ninth straight week, presumably coming to the strike price of around $1500 and oil will also see significant gains in all markets. The video also discusses how grain futures are slowly becoming more and more popular among traders as a more food producers are looking to make healthier products using whole grains.
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the rising price of gold is not a positive sign for the economy. people buy gold when they believe that they have very few safe options for investment. gold has traditionally been a haven for risk adverse investors in a turbulent economy.
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