19.02.2009 - Gold nears $1,000; dollar hurts most other commods
From Reuters: Gold edged closer to $1,000 an ounce on Wednesday, appealing to more people as a store of value, while other commodities from oil to grains were pressured by a weak economy and strong dollar. "We believe this is purely a flight to safety, with people desperate to put their money somewhere they can get liquidity and get their money back," said Daniel Smith, analyst at London's Standard Chartered, referring to gold..... Full Article: Source
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