Finance News
Gold has hit 700 per ounce for the first time in 26 years. Many believe that it will continue going up as there is just to much current events that leave investors feeling uncertain about the future of their investments. Gold will hold more value then paper money in times like this.
The Dow is moving closer to the all time high. It is only about 110 points away the record. Tomorrow will make or break the record the since there is a Federal Reserve meeting.
News of Dell has brought the technology stocks down a bit.
AOL will be laying off 1,300 workers.
Oil has jumped 1 to 71.
Precious metal mutual funds are doing just as good as the gold prices. The top 10 funds that focus on this specialty have had returns of 70-80 percent this past 52 weeks and the way things are going they may continue up. Several of these mutual funds have high ratings of mutual funds in general for the top performances.
87.74% U.S. Global Investors Gold Shares (USERX) 17.29
86.63% Midas (MIDSX) 4.72
80.91% U.S. Global Investors WrldPrecMineral (UNWPX) 32.32
80.81% Van Eck Intl Investors Gold A (INIVX) 17.95
80.02% Van Eck Intl Investors Gold C (IIGCX) 17.63
77.97% USAA Precious Metals and Minerals (USAGX) 30.34
71.73% Franklin Gold and Precious Metals Adv (FGADX) 35.98
71.40% Franklin Gold and Precious Metals A (FKRCX) 35.06
70.44% ING Precious Metals A (LEXMX) 12.37
70.11% Franklin Gold and Precious Metals C (FRGOX) 34.24