Gold, Gold the magical commodity

just shy of $1000 per ounce. holy crap. i have even used this to hedge some of my portfolio. but you always need to be wary of this commodity, it has an almost completely negative beta.  negative beta means that if the market goes down, it will go up. that is why there are all those commercials on late at night about buying gold coins. when the economy goes to crap (as is the current market trend) the gold goes up.

just remember, as with all other things, sell when it is high. don’t keep it past its “due date.”

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