| 02.02.2009 - Commodities gathering strength building on U.S. dollar weakness |
| From Marketoracle.co.uk: Commodity prices, in general, are starting to feel the upward pressure of a weak U.S. dollar. The price stability in base metals, oil, corn, wheat and gold are not being created by increased global economic expansion (this will likely begin in late 2009 or early 2010), but rather from the slow rise in U.S. dollar–priced resources. So, an analysis of the fledgling commodity bull needs to start with the primary driving factor – the dollar..... Full Article: Source |