Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (171490)	12/15/2008 4:33:06 PM
From: Bank Holding Company	Respond to of 306849

It's novel making sense of commodities trading on anything but momentum.

To: neolib who wrote (171490)	12/15/2008 10:54:10 PM
From: tejek	Respond to of 306849

But gold did the expected with the $, so that part was not novel. It was just the oil part that was novel. It has always struck me as novel that things which have direct use (like oil) lose value in recessions/depression, while things like gold which mostly lack use fare better. Surely there is also excess gold in a recession, just like there is excess oil??? I think the theory is that there is a limited supply of gold in the world and ever growing demand for it in jewelry and so it will not deflate as much as other commodities like oil during a recession. I think diamonds are thought of in the same way.