Search This Blog

Wednesday, September 7, 2011

Gold and whereabouts

From previous writings, gold has in general mantained still at 1800+ level.. A previous dip was marred by the on-going US job employment data as well as the Europe crisis. However, gold has not broken the $2000 level though it came pretty close. Price level should weaken, barring any unforseen sudden bad news in either the US/Europe duo. Commodities should generally do well in the near future, though oil has retreated. US dollars is still on a long term bear.

No comments: