Jewel Lee, Makala Mann

3-23-2017

Economics

You are to buy three commodities on yahoo finance. You are to give the reason why you are buying the
commodity by studying the trend of the chart and evidence from a news article about the commodity. If
the news or trend is bad, you might want to go short on the commodity hoping the price will go down
and you will make money. If the news is good, you might want to go long on the commodity hoping the
price will go up and you will make money.

Type of Investment Date Share Price Amount of Total Price

Investment Shares
Commodities Gold (long) 3/22/17 1243.50 10 12435.00
Commodities Silver (long) 3/22/17 17.56 40 702.4
Commodities Cotton (short) 3/22/17 77.71 1 77.71

Gold:

The reason we purchased Gold was because it has had strong trends overall and it will continue to make
me money. The price of gold in Dubai has been rising recently according to the Khaleej Times. I would
purchase a lot of gold as an investment because it will make me a lot of money. Based on the chart Gold
currently has high share price which makes it an excellent choice for investment.

Silver:

Our investment in Silver was carried out because of the rising price and because its a wise choice for
beginners like us who are buying based on a limited budget. In addition silver has value as not only an
investment but also as monetary (currency). In addition, the chart reveals that silver is classified as a
long term investment making it dependable for future use.

Cotton:

We purchased 1 share of the cotton stock because it hasnt been doing well lately, but according to the
trends it has the potential to improve.