Precious metals, such as Gold and Silver, saw big increases in value in 2010. While the same increases are unlikely in 2011, the value will still increase. It is said that in times of low interest rates one should invest in precious metals. However, currently people are rushing to pawnbrokers to SELL their Gold to pay mortgages or rent. While the fat cats at the head of banks around the world get bonuses, the great unwashed [that’s the rest of us] are struggling day to day. We already see demonstrations across the world aimed at austerity measures
The price of Crude Oil is on the rise. However this has less to do with an upturn in demand and more to do with speculation. The rumor is that oil will reach USD100 a barrel and speculators are getting into the market and artificially making this happen. We doubt that it will reach the 'hundred' mark, at least in the first half of the year, but continued speculation makes it a lottery post-June.
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