Will the falling dollar fuel higher prices in gold, silver and platinum?
*Bloomberg, by Christian Schmollinger and Gavin Evans, September 28, 2007
“Oil Rises Above $83 as Sliding Dollar Spurs Commodities Demand
Crude oil rose above $83 a barrel in New York, set for its biggest monthly gain in three years, as the sliding dollar drew investors to commodities.
The U.S. currency extended declines against the yen and yesterday fell to a sixth straight all-time low against the euro, spurring demand for commodities including gold, platinum, silver and base metals. Oil has gained 16 percent this month.”
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