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Your money is not good anymore
The sharp decline of the US dollar has been felt across the globe. Traders, unsure of the value of paper assets, are bidding up the price of commodities. The Associated Press recently reported that,”Huge price hikes have been caused by a weaker U.S. dollar and financial turmoil that saw investors stash money in commodities such as oil, which hit another record high Monday [April 28, 2008] of $119.93 per barrel.” .. . [Read]
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