Ethanol achieves commodity status

Once considered an expensive, experimental additive to make gasoline burn cleaner and more efficiently, it has become a staple like soybeans, eggs and pork bellies. So much so, that the New York Board of Trade introduced a futures contract for sugar-derived ethanol Friday and will introduce an options contract today. The Chicago Board of Trade […]

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Commodities’ surge raises prospect of bull market

By Elizabeth Wine in New York As commodities continue to surge, with the price of oil hitting a fresh 13-year high last week and metals still near long-term peaks, many investors are beginning to believe the asset class is in the early stages of an enduring bull market. That means large blocks of money are […]

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The Case for a Genuine Gold Dollar

For nearly a half-century the United States and the rest of the world have experienced an unprecedented continuous and severe inflation. It has dawned on an increasing number of economists that the fact that over the same half-century the world has been on an equally unprecedented fiat paper standard is no mere coincidence. Never have […]

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Taking the Emotions Out of Precious Metals

By Chris Temple Following the last major bull market peak for precious metals as well as gold (primarily) related shares in mid-2002, I wrote a commentary similar to what follows. The observations contained in that item, I hoped, would be taken by the precious metals community as they were intended; to help one and all, […]

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Oil prices soar, lumber strong, gold up

CHICAGO (Reuters) – Crude oil prices set 13-year highs and gasoline prices set another record Wednesday on worries about potential supply problems this summer due to ongoing violence in Iraq and the Middle East. The dollar stumbled Wednesday, making dollar-denominated metals like gold and copper more attractive to overseas buyers. Lumber prices soared on a […]

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