Excerpt from: Financial Spread Betting Strategies
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| November 29, 2007 | | Placing spread bets on gold prices | In commodities trading, gold prices have been doing very interesting things. Placing spread bets on gold prices can take cues from advice given by commodities trading. Bloomberg offers this insight into gold prices:
``We would now use a short exposure in gold, expressed in
U.S. dollars, to capitalize on a gradual relaxation of credit
concerns in the financial sector over the coming months,''
Goldman analysts led by Jim O'Neill in London wrote in a report
yesterday. Selling gold will also provide ``an avenue to benefit
from the prospect of a stabilization in the dollar.'' | | |
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