Price Hike | Ramblings of an e-trader

Thursday, 10 January 2008

Price Hike

I read that prices for old, gas, gold and other precious metals are rising while the USD is falling. From a report that I read, investors are advised to ship out of USD and buy gold and oil. In my opinion, the price is already too high to jump in. I am not sure if this is a good time to buy but then it is an exciting time for people who relish the risk of playing with their spare cash.

I know it could turn in a handsome return with a quick Buy/Sell turnover but then that is not my kind of game. Besides, I am not rich enough to play high stake games like that. What about you? Are you going to listen to those expert analysts and plunge in head on?

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