Comments on: Do You Think That Commodities Like Gold Will Go Up Next Week? http://commoditytradingquestions.org/commodity-trading/do-you-think-that-commodities-like-gold-will-go-up-next-week Answers to all of your questions about commodity trading. Tue, 07 Feb 2012 10:26:44 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Steve qa http://commoditytradingquestions.org/commodity-trading/do-you-think-that-commodities-like-gold-will-go-up-next-week/comment-page-1#comment-237 Steve qa Mon, 02 Feb 2009 23:37:53 +0000 http://commoditytradingquestions.org/commodity-trading/do-you-think-that-commodities-like-gold-will-go-up-next-week#comment-237 1. A OPEC vote requires action of poor states like Mexico, and all those African states that in the past have produced any way which is why I sold my oil futures. They are also find new major oil reserves, and non OPEC oil production is up 62% while OPEC states only control 32% of the oil. 2. China is printing money cause they have a 21% decrease in exports for the year, and 42% decrease in GDP. The have to print money to keep the lights on, and even pay their troops to keep the police state going. 3. If inflation was a factor it would be a great issue to have in this environment, but deflation devalues commodities. With China's Exports dropping for the first time in 27 years with a stock pile of commodities. China has to sell commodities to survive that will cause the prices to crash, and is the reason prices are starting to fall at store. I would not count on it! 1. A OPEC vote requires action of poor states like Mexico, and all those African states that in the past have produced any way which is why I sold my oil futures. They are also find new major oil reserves, and non OPEC oil production is up 62% while OPEC states only control 32% of the oil.

2. China is printing money cause they have a 21% decrease in exports for the year, and 42% decrease in GDP. The have to print money to keep the lights on, and even pay their troops to keep the police state going.

3. If inflation was a factor it would be a great issue to have in this environment, but deflation devalues commodities. With China’s Exports dropping for the first time in 27 years with a stock pile of commodities. China has to sell commodities to survive that will cause the prices to crash, and is the reason prices are starting to fall at store.

I would not count on it!

]]> By: bow8810 http://commoditytradingquestions.org/commodity-trading/do-you-think-that-commodities-like-gold-will-go-up-next-week/comment-page-1#comment-236 bow8810 Fri, 30 Jan 2009 19:42:17 +0000 http://commoditytradingquestions.org/commodity-trading/do-you-think-that-commodities-like-gold-will-go-up-next-week#comment-236 not for about 4 years not for about 4 years

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