The Ultimate Gold Trade

By David Morgan
24 March 2008 @ 09:22 am EDT

What a week for the precious metals! Gold blasts past $1000 per ounce, and silver trades above $21, and then suddenly the floor drops out from under both metals. In fact, the financial markets in general seem to be reeling from the announcements of further interest rate cuts by the Federal Reserve and Morgan buying Bear Stearns for $2 per share when this company was trading for $170 about a year ago.

IBTimes Commodity Commentaries

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