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Wednesday, June 4, 2008

The magic of Gold

The yellow metal is a safe haven for investors.Oil is tricky,one time it rises in leaps and bounds .the other occasion it retreats steepily.One is remniscent of the nursery rhyme ,Jack fell down and Jill came tumbling after.Gold moves in tandem with oil.
Dollar movement poses an interesting study.Dollar was all powerful,so long,holdingthe roost.
It manifests otherwise now.gold is caught between the two -oil and dollar.
At present it is struggling,to come out of ithe clutches .
Future trading in gold and silver keeps one in constant alert. glued to the market volatality.
If one wants to dab in trading gold futures, his mind should be strong, heart prepared to face any diasaster
One'sinvestment might fade in a few transaction,or grow in geometric progression.
the upwrd swing or the downward fall may stop the heart from pounding.
Any trade involves risk, gold trading is one such ,but risks are much more than any merchandise.The magic of gold will pull one into the events. It is too hard to resist

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