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MARKET COMMENT August 11, 2008 Yeah, I am one bad dude!
David Fry (August 11th, 2008) Writes:
MARKET COMMENT
August 11, 2008
Yeah, I’m one bad dude!
What passes for normal reactions always seems to surprise. You would think with Russia’s ongoing attack on Georgia plus a US naval strike force arriving in the Persian Gulf oil prices and gold would rise since supplies and stability are threatened. But no; evidently market action now revolves around the dollar rally and is blind to everything else.
...
Yeah, I’m one bad dude!
What passes for normal reactions always seems to surprise. You would think with Russia’s ongoing attack on Georgia plus a US naval strike force arriving in the Persian Gulf oil prices and gold would rise since supplies and stability are threatened. But no; evidently market action now revolves around the dollar rally and is blind to everything else.
...
Tags for this Post:
Current Market News, Edgar Fiedler, Europe, Exchange Traded Funds, Georgia, Market Commentary, Oil Prices, Persian Gulf, Russia, Soviet Union, United States
Current Market News, Edgar Fiedler, Europe, Exchange Traded Funds, Georgia, Market Commentary, Oil Prices, Persian Gulf, Russia, Soviet Union, United States
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