Monday, May 17, 2010

Investment Advice on the Radio

Markets in North America are starting off in the same red direction they left last week. Asian markets also finished the day lower. Surprisingly, European stocks are headed the other way and are experiencing a bounce this morning led by Banks.
Crude oil futures dipped below $70 for the first time since September. For those investors that have benefitted from the recent gains in gold, you may want to lock in some gains. The uncertainty of Europe has caused investors to flock to gold; however, physical buying is expected to fall in coming weeks and the commodity has yet to respond to a stronger U.S. dollar. Short term weakness could be on the horizon barring any unforeseen negative developments overseas. For more on investing visit yourlifeyouplan.ca

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