Monday, June 15, 2009

Commodities and Currencies Russia having hard time getting out of the Dollar

crude oil losing steam China Japan and Russia still hooked on US Dollar good demand to US Treasuries , China and Russia do not know where else to invest , Gold is not an alternative , there is just enough gold in the world ...
Howard Simons, of Bianco Research, and Meg Browne, of Brown Brothers Harriman, discuss whether the weak dollar is the reason for a run-up in commodity prices.