Thursday, March 19, 2009
Commodities charge forward: If you're still in the market, I'd be worried about a big retreat
Some investors have been enjoying an early spring with the Bear market rally of the past few days.
But today's giant move in commodities shows that the smart money is headed back out of the market and into the inflation-hedge of Gold -- up an incredible $68 an ounce this morning -- and oil, which now has topped $50 a barrel based on a $3 gain this morning.
The financial markets are not for the weak of heart and anyone who cannot afford to lose what they already have. Don't let greed get you again.