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Daily Archives: March 5th, 2008

$100 Oil Reached, $1000 Gold Coming! SPX, Nasdaq, GLD, SLV, XAU, GDX, CSIQ, FSLR, SPWR

$100 oil seems to have been accepted by the market. Crude traded to almost $105/barrel today and there were no big headlines about it. Gold was above $993/ounce today, getting close to that 4-digit number, $1000! Silver also made a new multi-year high, nearing $21/ounce. The market was in part supported by commodity-related stocks, although [...]

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