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Showing posts with label cnbc. Show all posts
Showing posts with label cnbc. Show all posts

Friday, April 26, 2013

Reason's why Gold, would perform this way!

April 26, 2013

Came across this story today that was written a well back when gold decided to nose dive, and no one knew why it took that direction, some made money with this dive, others sold out, what really happened?

Many of the main suspects are covered on this story, found it very realistic since l know more 15 or so days later, l see how it is playing out. But in today's uncertainty global financial investing world, hard to really predict, facts make no sense.

Makes it very interesting for many logical reasons, who controls all of these's markets and why are they effective so harshly when encountering unforeseen turmoil in the global economy. Should we be paying what we pay at the pumps, l have watched the crude oil barrier drop, except at the pump.

This market alone is responsible for the inflation period we are all suffering from unless your part of the OPEC society, then you have no concept of what is going on. They have more stories then we all have read books from the library, just creative marketing is all they are doing. They are very good at that, wonder what that cost's us all.

The "GREED FACTOR" takes over everyday living for most of us all who have the daily family, personal and business obligation and rely on our wheels to cover the distance at a very heavy price. But this is totally out of control, crude oil at the current rate would reflect a totally different price per gallon or liter for us to enjoy at the pump.

Now that l got that off my chess, if you're still with me let's get to the next obstacle or mystery that has had an impact on our overall financial obligation and retirement investments we had created for our future. We all have different types of investments but some of us believe in this asset "Gold" it did some unimaginable drops for really no apparent reasons.

So when l read this article posted on CNBC website one of my favorite past times is watching that station. l just had to share it with all who have an interest in this topic and understand that steps that took place and how to react and play this asset. It's really a simple one actually...


READ THE FULL STORY 
HERE AT
CNBC


All the Best,

Joseph F. Botelho One Gram at a Time

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