Tuesday, December 16, 2008

See-Saw effect

Lately, I was following the commodity market closely. With US in recession and the global markets plummeting, investors are looking for commodity markets or the highly valued $ rate against Euro. Platinum reached 760$, the lowest in six years as the auto sales dropped tremendously.

I was able to observe a see-saw effect between the $ rate and the commodity market as most investors ruled out the option of investing in share market which is highly whimsical at this time.

Disclaimer: Please invest at your own risk. Hahahahhahaa....

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Chicago, Illinois, United States