Wednesday, December 12, 2007

Crude oil, Gold, Cotton, Coffee all explode higher





Note from the attached charts that all commodities prices has risen significantly today. Crude oil, gold, cotton, and coffee prices have all risen significantly today. This is probably in anticipation of further Fed intervention into the financial markets, as the Fed has hinted this morning that they are preparing to do. They just haven't indicated how they will do it, yet.