Investing in equities is risky especially now when markets all over the world are struggling. What more when predictions for next year are all negative. 2012 is going to be a difficult year economically. So, where can you put your money? Arts? Gold? Properties? How about trading in oil? Some are predicting it will hit 150US dollars! Why? Iraq is in turmoil. Just one week without the US army, the political tension is rising while the killing mayhem has started again. In addition there's Iran with its nuclear ambition, Saudi Arabia possibly facing a belated Arab spring while Libya is still recovering. All these factors will push up the oil price higher. Sure?
No comments:
Post a Comment