Archive for October, 2007
Money Week asks: What’s really been driving oil and gold so high?
Thursday, October 25th, 2007Tweet “Is it speculation that has driven the oil price above $90 overnight and gold to a 28 year high, or is there something more fundamental happening?”, asks Garry White today in a Money Week article taken from his email newsletter. The latter, he says. In fact, it’s down to one of the most basic human emotions: fear. And: […]
Gold at $800 by year end?
Saturday, October 20th, 2007Tweet According to “Money Week”, in view of the likely continuing uncertainty in credit markets, James Moore at TheBullionDesk.com says the price of gold can be expected to reach $800 an ounce by the end of 2007. The magazine points out that investors are further increasing their holdings by means of exchange-traded funds or ETFs […]
