18.10.2010 - Fearful investors pile into commodities
From Thisismoney.co.uk: The prospect of a global currency war, with sterling as a major casualty, has triggered a stampede of investors into commodities. With British and American central banks tipped to restart the money creation programme known as quantitative easing, smart operators have been abandoning paper currencies in favour of solid assets such as gold, copper and even corn and sugar. Among major commodities, only cocoa has bucked the trend and seen a price decline this year. Others have shot up, with gold - traditionally seen as a substitute for paper money - rising in value by more than 25%..............................................Full Article: Source
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