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![]() -Free Video Training -Free Trend Analysis Click Here To receive free training videos in stocks and commodities A lot of this comes from the fact that China and India's economies are beginning to take off and they need them to fuel this expansion. Gold, more than the other commodities has gotten a large amount of attention simply because the US dollar has been in steady decline. As such most people are worried about the value of their money and wish to use gold as protection against inflation. You can use an exchange traded fund or (ETF), which trades the same way a stock does or you can buy a gold related stock. Some of the gold producers include corporations like Agnico Eagle Mines (AEM) and Gold Corp. ( GG ), and Newmont Mining Co. If you are interested in investing in oil you can put your money in the ETF USO or DBO. If you are interested in wheat or corn then you can look at the fund DBA, {which deals in agriculture.|which deals in farming.| Ifyou're looking to get into natural gas then you can invest in UNG. For coffee you can look at a company like Starbucks (SBX)that has an inverse relation to the commodity. Whatever the case remember that these are difficult markets and that you must always use a stop loss. If you have never traded before you should start off by employing a simulator. You can find one at TradersLog.com. If after 3-6 months you have mastered that then you need to start off by using one contract. But don't forget education is key in this business and you must always be learning and growing since the markets are constantly changing. While there are numerous good books available nothing takes place of really placing trades even if they are only simulated ones. | |
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