The name is, Bond. Covered Bond.

By Jon Nadler
29 July 2008 @ 01:53 pm EDT

Bullion prices tried to advance once again overnight but their progress was halted by slack demand and overhead resistance near $935. Thus far, the yellow metal has offered little more than a technical bounce after last week's drops and remains range-bound in the absence of external market-moving developments. Oil was once again showing sideways trading tendencies despite 'sour grapes' laments from Iran as to why Western nations can possess and proliferate nukes. Demand destruction appears to have finally caught up with black gold as it was revealed that Americans drove 10 billion fewer collective miles in the month of May.

IBTimes Commodity Commentaries

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy