Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, June 3, 2009

Commodity Index Stalled

CRB Index stalled at 260. Crude hold at 68. Gold hold at 981. Dollar index DX at 79.
Is this the end of the commodity rally..? And end of rally for emerging markets..? Will funds exit emerging markets and flow back to US..? And US dollar regain its strength..?

Major currencies also plunges against the US dollar today.
USD up against Yen and Swiss dollar.

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