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<blockquote data-quote="klein" data-source="post: 795067" data-attributes="member: 23950"><p>Just watching the Your$$$$ show.</p><p> </p><p>For 2011 they are predicting, yet, more pressure on the US dollar and a further downward trend.</p><p>Therfor they are saying to invest against the greenback, by buying commodities, such as oil and Gold, and even foreign currency.</p><p> </p><p>This was the movement on the nasdaq website yesterday :</p><p> </p><p>[BRIEFING.COM] The dollar index is in the red and just touched new session lows. This is providing price support to select commodities this morning.</p><p>Soft and industrial commodities (Sugar +3.0%, cotton +2.7%, nickel +1.9%, copper +1.4% and coffee +1.0%) are leading the CRB Commodity Index, which is currently 0.4% higher at 328.49.</p><p> </p><p>In my opinion your gas prices will easily hit $4 gallon by summertime, again, if the US dollar does drop as predicted.</p></blockquote><p></p>
[QUOTE="klein, post: 795067, member: 23950"] Just watching the Your$$$$ show. For 2011 they are predicting, yet, more pressure on the US dollar and a further downward trend. Therfor they are saying to invest against the greenback, by buying commodities, such as oil and Gold, and even foreign currency. This was the movement on the nasdaq website yesterday : [BRIEFING.COM] The dollar index is in the red and just touched new session lows. This is providing price support to select commodities this morning. Soft and industrial commodities (Sugar +3.0%, cotton +2.7%, nickel +1.9%, copper +1.4% and coffee +1.0%) are leading the CRB Commodity Index, which is currently 0.4% higher at 328.49. In my opinion your gas prices will easily hit $4 gallon by summertime, again, if the US dollar does drop as predicted. [/QUOTE]
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