Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

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.

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