Hedge-Trimmers Get a Haircut

By Jon Nadler
11 September 2009 @ 12:01 pm EDT

 Gold prices climbed back above the $1,000 mark in overnight trade, after reports showing that China's economy is on an apparently stronger than strong track motivated global investors to once again seek riskier, and/or higher yielding assets. Global stocks rose to eleven-month highs, commodities rose along with them, and the US dollar sank further on the trade-weighted index as the aforementioned quest for returns in other markets left it wanting for buyers.

IBTimes Commodity Commentaries

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