Wednesday, October 24, 2007

Prices Of Gold,Silver,Crude Oil,Copper Is Down Sharply

Prices of crude oil, copper, silver, gold has fallen sharply in the past few trading sessions. Huge liquidity that's chasing these assets tend to behave irrationally during short period of time sometimes by driving their prices steeply by saying that global economy is still strong, then after a while they make them correct sharply by asserting that last weak's economic data is mixed! This conflicting behaviour is only adding nervousness among small market participants who most of the time does't have resources and skills to grab micro and macro variables along with market thinking, fails to achieve potential gains in his/her portfolio, therefore should tread cautiously and trust only own research and analysis and avoid adhering blindly to so called experts opinion and news editors.