How much does crude oil prices affect the stock market, Forex, etc?
Answers: High oil prices tend to cause inflation, which tends to depress stocks. And a low dollar tends to raise oil prices, as it does with all commodities.
there is no direct link, but one does influence the other, obviously when oil prices get high, airline stocks are under pressure,, when oil rises, oil services companies get richer, ect, ect, ect, oil has a small impact on a lot of industries, and as such,, their stock prices,, you should check out www.thewallstreethunter.com they talk daily about market happenings, which recently has been about oil.
Good luck.
there are pairs which are more affected by oil than others, the USD/CAD tracks the price of oil since we consume oil and they produce it, overlay the price of oil with the USD/CAD and you can see the correlation. same with the EUR/CAD and CAD/JPY they consume alot of oil too.
good trading
mark mc donnell
www.forexearlywarning.com
US gold ingots coins - please settle this argument!?
Several years ago my company gave me as a bonus some US gold ingots coins, some 1/4 ounce, some 1/2 ounce. Gold is now up to $900/ounce. My dad is unfolding me that I can not turn in my gold ingots coins for their value contained by gold shipment, i.e., 1/4 ounce gold coin human being worth $225. He said they are only as expensive as what some other person deem them to be. What is the truth in this situation.Answers: The price of coins depends on two things:
1. The price of the metal they are made of
2. The collectors (or numismatic) value of the coin. Numismatic attraction is determined by grading agencies and is determined by the rarity and the condition of the coin.
If the coin is within very virtuous condition and is very dying out it could be worth tens or hundreds of thousands of dollars. If it is deemed poor point it still has the metal helpfulness. I justy recently sold a coin which be of poor quality for almost 75% the current value of the gold ingots. It depends on what the dealer can afford to proposal you while still making a profit. I would not settle for anything less than 60% but spawn sure that the coindoes not have numismatic effectiveness before you put on the market it because it may be worth more than you think.
Any coin trader or shop will be happy to generate you a cash proffer. If you have none locally you will find a reliable one online at:
http://www.golddealer.com/
Since they are coins you should attain pretty close to market attraction but usually a bit less. A vendor might give you (880 per ounce if marketplace is 900 if he even wants to buy it) Especially if they are hermetically sealed coins. Although sometimes when dealing with gold ingots that you dug up, they usually give 80% of bazaar value. So if you go out and found a 1 oz gold nugget, took it to a gold ingots buyer, he might give you 720 dollars for it. You can also bring back MORE than market utility for them if you sell them on ebay. Generally you receive about 4-7% more for gold ingots if you sell it on ebay. (so if gold ingots is 900 per oz, on ebay it might sell for 940 or 950) Keep surrounded by mind that ebay charges a fee for selling so you pretty much stop up with freshly 900 anyway. If you do plan to sell gold ingots, ebay is your best bet to find a buyer right away for as close to full market as you are going to go and get.
You're both right...for a collector the value is what they are feeling like to pay for the coin it's self as a collector piece...but in opposition the weight of the coin and purity can be sold as square and you could cash it contained by that way.only just keep contained by mind either approach the value will be decrease because those that purchase them are looking for a profit as well.
Coin dealer will typically pay 3% lower than the spot price is for gold. Right presently spot is $909 so coin dealers will rate about $890/oz. A 1/4 ounce would be nearly $225 as you say. If you jump on Ebay, you will be able to get hold of at least spot.
Is it okay to invest using a loan?
I have a student senate loan (OSAP) that's in the mound gaining interest. I can smoothly spend that money university textbooks nice house, but i'm stinging so much that I own money left from my loan to grow in a big interest savings details.Hoping that i don't need to reimburse back as much.
I've be told that a loan is a loan and I can do whatever i want near it. But i know that interest is included into income tax within Canada.
Answers: Although it's probably against guidelines, it's not illegal. Even if it be, they would never know what you're doing with the money, it's your privacy. If it's a extremely low interest loan it probably won't beat out the rate of inflation; save it and pay the minimum respectively pay date! Then invest it within something that will give you a complex return than the interest you're paying. It's always fun to put your government's money to work! =)
If you own left over money you can invest within other things. Maybe buy some index funds which will give you a past the worst return and once you graduate and have to reward the loan back you get a nice return.
Free money from the government. I close to that.
Yes, no problem. Just make sure you invest within something that is within a bull market phase, similar to Silver.
Invest in Silver, recurrently called "the poor man's gold". Silver used to be a monetary metal, and conceivably some day it will be again. I've recommended silver earlier, and now I'm going to recommend silver again. Back within 1980, gold sold for 850 and silver sold for 50. Then, one ounce of gold ingots would buy 17 ounces of silver. Today with gold ingots near 900, one ounce of gold ingots will buy a whopping 55 ounces of silver. It seems to me that silver, surrounded by terms of gold ingots, is "too cheap."
Check with a licensed indemnity dealer. It may not be permitted There are restrictions on what can be done with student loan money surrounded by the US, I have no awareness about CA.