Investors usually buy precious items for keeps with the hope of reselling later at a higher price.
- These types of items are called commodities
- They buy these commodities where there is a market surplus and sell when there is market scarcity for those items.
- Scarcity always drives up the prices of items, commodities inclusive.
- When they sell at a higher price, they make a profit.
- As a matter of fact, investors rarely if ever, buy commodities like yarn for self-use.
Read more about Investing in Commodities here:
https://brainly.com/question/4345822
