In last week’s currency market, my Swiss watch would have cost an all-time high of $59.816. Today, it would cost $59.51 – hooray, the dollar got a little more valuable this week!
Meanwhile, gold ($1486.70), corn and oil ($94.75) prices have declined. How could oil prices be going down? Libya and Venezuela production is declining. Could alternative energy be coming online in the US? Natural gas production is booming.
And finally, check out the Model Portfolio for this week. See here for last week’s performance. My, my, my! It’s great when the market goes up, eh?