Which is the Better Buy: Oil or Gold?
Published: Tuesday, 18 May 2010 | 8:24 AM ET
AP
Oil prices have taken a spectacular slide in May, down 18 percent at $70 a barrel. Part of the reason is global demand and potential cutbacks in shipping, manufacturing and other industries. Meanwhile, gold is near record highs as investors seek safety from the ongoing European debt threat. Which do you think is the better buy right now: oil or gold?
Share your answer below:
Oil prices have taken a spectacular slide in May, down 18 percent at $70 a barrel. Part of the reason is global demand and potential cutbacks in shipping, manufacturing and other industries. Meanwhile, gold is near record highs as investors seek safety from the ongoing European debt threat. Which do you think is the better buy right now: oil or gold? Share your answer in our poll.