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Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Market Pulse

Dubai debt woes deliver commodities wake-up call

Posted on 30 November 2009

From WSJ: Dubai’s attempt to reschedule its debt delivered a wake-up call to commodities investors who have been flocking to gold, copper and oil.

The specter of default by Dubai World, the investment arm of the government, has highlighted the fragility of the economic recovery and prompted investors to exit commodities and seek a safe haven in other assets……………………………Full Article: Source

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VRS - who has written 11829 posts on Opalesque Commodities Briefing.


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