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

Thursday, January 20, 2011

Commodities down again.

China attempting to arrest inflation by tightening its credit liquidity again: raising bank's reserve ratio..
AUD/MYR pairing tumbles down to 3.00
Crude oil and Spot gold also slides to 1345. That's rotten news for commodity stocks.
Rebalancing my stocks portfolio these fews days. Swapping into more commodity/utility/property stocks with good dividend yield

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