What a difference a day makes. Or does it? Commodities are on the verge of their biggest one-week really in 33 years, according to Bloomberg. Gold was up US$25 overnight (2.7%). Oil rallied five bucks. The Reuters/Jeffries CRB Index tacked on 3.7% yesterday alone. If it can keep itself together Friday, the index will be looking at a one week gain of 6.7%. So is this the second coming of the commodity bull market?
August 22nd, 2008 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "wesfarmers"
