The Traderszone Network

Published in TZ Latest News 3 October, 2014 by The TZ Newswire Staff

Oil Is A Safer Bet Than Gold

By Prudent Finances:

By Ivan Y.

Gold (NYSEARCA:GLD) is considered to be a safe haven by many, but considering that it has fallen by over 35% in the past three years from its $1900 peak, it’s becoming harder and harder to make that case. Oil, on the other hand, is considered a volatile commodity that has had several yearly moves of over 50% either up or down.

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