Why They Are All Wrong About Oil
Jun 2nd, 2008 | By Garry White | Category: Oil Investment & Alternative EnergyYou hear it everywhere in the press… “Oil is in a bubble and it’s all down to speculators driving up the price”.
You hear it everywhere in the press… “Oil is in a bubble and it’s all down to speculators driving up the price”.
Gold futures have shed over 4% so far today in what MarkeWatch is calling “a broad-based commodities sell-off.”
According to the site, “gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also sharply lower, with platinum selling off 7%.”