It’s an ill wind… blah, blah, blah. In spite of the stock markets of the world declining seriously this week, not all is lost. When times are weird like this, there actually is a divergence in price movements among various commodities and share prices.
Gold has jumped up to $1623.80 per oz, silver went up to $28.53. Petroleum prices plunged 3.8% to a mere $83 per bbl. The dollar has become stronger – more valuable. Sfr 50 now equals just $ 51.31. The dollar had gone up to about $55 not too long ago. So, see?
The monkeys aren’t too happy, though.