14Mar/080
Gold $1000/oz; Oil $110/barrel
With the US dollar falling, Gold rising above $1000, and oil going further $110, it tells a lot about the current state of the economy. A lot of the smart money have been moved into commodities. It seems the situation is not improving even when the Fed injected $200 billion US dollars into the credit market on Tuesday. IMO, the Fed Reserve should start increasing rates next week rather than decreasing rates, because it will make everything seem too cheap.