Saturday, January 3, 2009
Commodities: Time To Start Buying
CRB Index forming a double bottom and advancing 1.2% to 234.
Crude oil rose 4% to US$46.
Commodity currency AUD rising to 0.71 against the USD.
Precious metal platinum rose 18% to US$940 in month of December. Precious metal gold has risen 16% to US$880.
This week fund placement: 5% in local commodity stocks, 5% in AUD and physical gold.
Posted by Remnant 888 at 7:17 PM