Monday, September 22, 2008

Commodity Calamity

Nymex Oil futures are up $11 bucks to $115 and rising. It might hit $150 this week.

Gold is up nearly $50 to $915 and going up. It may hit $1000 this week.

The dollar is down to $1.4775 per Euro and it's getting worse. The dollar may cross the $1.50 mark like tomorrow.

Is the bailout working yet?

[UPDATE] Nymex Oil Futures are now up nearly twenty dollars a barrel to $123 and going crazy. Dollar's in freefall, $1.48 per Euro and plummeting. We may hit $1.50 TODAY.

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