Global Capital Reserves: Oil, Gold Lower After Hitting New Highs

Thursday, April 17, 2008

Oil, Gold Lower After Hitting New Highs

Crude oil has once again hit another new record high overnight, but has since moved lower on a stronger US Dollar, and is trading below yesterday's close for the time being. Gold has shown similar price action.

S Benard at 6:34 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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