Monday, December 11, 2006

The Dollar

The dollar is down a touch again. is reporting oil producers are shunning the dollar these days. That's helping to push gold higher. The OPECers are meeting later in the week and likely to cut production targets again which is likely to keep a floor under energy this week even with the great weather (at least I like it). We never like to get piggish with profits and have booked a very nice one with our short natural gas trade from Sunday night

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