The US dollar has appreciated sharply and the prices of gold and oil fell.
Gold fell from a high of $1030.80 in March to US$808.05 this week. As for oil, it is currently at US$113.55.
There is a chance that gold may fall further to high – US$700 levels. There is an inverse correlation between the strength […]
Popularity: 6% [?]
With some of the prices of precious metals and commodities hitting the roof, I thought it would be clearer to look at the percentage change than just raw figures.
With fears of recession in US, these are some investments that are considered safe during times of crisis.
Item
Last Year’s Prices
This Year’s Prices
% Change
Crude Oil per barrel
US$65.68
US$109.95
67.4%
Gold Per […]
Popularity: 16% [?]
Regarding my previous posts on Oilpods, I went to consult my ex-colleague who is an astute investor. I trust what he says. He had previously mentioned something about oil barrels, and hence I sought his opinion on whether he had heard of them. It turned out that the one he was talking about is the […]
Popularity: 17% [?]
Oil and gas investment sounds extremely lucrative, with you getting your money back within 4 years, and then continuing to receive monthly payments for 12 or more years, based on the company’s proposed investment scheme. It could even replace the Annuities scheme from CPF Life if you invest substantially! So are there any risks involved? […]
Popularity: 21% [?]
With oil prices shooting up, why not own part of some oil wells in the United States and make money from a business investment? I went to the Asia Trader and Investor Convention 2008 at Suntec today, and a sales rep from Oilpods approached me to explain oil and gas investment to me.
First of all, […]
Popularity: 17% [?]