Aren’t Commodities Supposed to Do Well When the Stock Market Drops?
Wednesday, September 8th, 2010 at
5:01 pm
Scott K asked:
Oil is down, stocks are down, how are bonds doing?
Oil is down, stocks are down, how are bonds doing?
Tagged with: Commodities • Stock Market • Stocks
Filed under: Commodity Trading
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Yes,they are. Remember, when the stock market freefalls it is at first good for consumers since prices soar down. As time passes though, employment rises and the low costs are checked.
Stocks are supposed to be down. It is Oil and Precious metals that benefit (Gold, Silver, Platinum, Rhodium). Fortunately these have taken a recent hit too, and it has allowed those who are prepared to but in cheap.