Commodities / GOLD / OIL

8 Things Everyone Should Know About Gold

asr: I am trying to find relationship between price of Commodities / GOLD / OIL

Gold Charts
Gold and Silver Futures Trading

As this 9/15/2008 financial crisis ( wall steet firms failure ) hits here is what I am getting.

Oil : is dropping
explantion: due to world stock markets decline , many econonists suggest global growth slow down , with slow down people need less oil.

Commodities: Copper , Led, Nikel (etc..) are dropping due to less industrical demand ( business slow down )

GOLD: stable as commodity for now, but seems this will rise as world 'Stock Markets decline' and 'US $' seen as risky investment , people/funds try to buy some gold holding.


But noting has changed Roubini's baseline forecast for another 20% drop in the stock market. The economist, who has been eerily prescient in predicting the ongoing crisis, recommends
- investors avoid risky assets, including commodities as fears of a global slowdown take hold.
- he is asking to buy puts to protect big 1987 like crash

asr: I think buying gold future Calls ( betting ny 9/2009 goes up ) will create good cushion.
- it will shield if there is a stock market crash and also satisfies put options buy as Robini said