Not everyone was happy to see Iran sign the nuclear non-growth treaty placed in front of it yesterday. Oil and gold investors, in particular, suffered because of the deal. Brent crude fell almost 2 percent to $109.06 per barrel — and appeared to be on its way to the commodity’s biggest decline in three weeks. Gold fell to a four-month low, dropping 1.5 percent on the news. In addition, gasoline and heating oil prices fell at least 1.6 percent. According to Henk Potts, a Barclays strategist, prices fell because some of the “risk premium has been taken out.” Now investors have to ask themselves if having a safer world is an equitable trade-off for less wealth.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: