Oil prices slide further from record high
Posted October 7, 2007
Oil prices slide further from record high
DAWN Group - On the London Bullion Market, gold prices leapt as high as $747.90 an ounce — which was last seen in January 1980 — before paring its gains. Gold has also found support from recent record crude oil prices, which have raised fears about rising
Dollar gives back jobs data gains vs. euro
Marketwatch - point cut was an overreaction,” and likely based largely on the now-revised payroll data for August, Kohn “did not fog up the words pertaining to the possibility of a rate reversal — if conditions warrant,” wrote Jon Nadler, analyst at Kitco Bullion
Nils Taube ‘having too much fun to retire’
Daily Telegraph - Gold, both bullion and the shares of gold miners, account for about 20pc of the fund Taube launched in April, S&W Taube Global. A further 30pc or so is in energy stocks, such as BP and Shell, confirming Taube’s contrarian approach: “The price of oil
Gold Is a Bad Hedge, Questionable Investment: Michael R. Sesit
Bloomberg - If since then the spot price of bullion kept pace with U.S. inflation as measured by the consumer-price index, gold would now be selling for $2,119.84. Instead, it stood at $732.05 in London trading yesterday, only about a third of what it should be
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