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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (92435)2/2/2010 8:45:47 AM
From: puborectalis  Respond to of 94695
 
Commodities......http://www.kitco.com/ind/Holmes/holmes_feb012010.html

Commodities are rallying on speculation the dollar’s weakness will spur alternative investments as economic growth buoys demand for raw materials. The Dollar Index, a measure of the currency against those of the biggest U.S. trading partners, has fallen 8 percent in the last 12 months, while copper has doubled and oil is up 88 percent. Sales of existing U.S. homes may have stabilized in December after a record November plunge, economists estimated before a government report today.