The dollar touched a new all-time low vis-a-vis the euro and sank to 71.50. Europe's inflation rate touched 2.9% as crude oil prices also rose. Gold prices were pushed skywards in the fourth quarter of 2007. Silver gained 4 cents to $18.21, while platinum rose $10 to $2036 per ounce. In such a scenario Jon Nadler, senior analyst, Kitco Bullion Dealers Montreal, advises investors to watch oil, listen to Trichet and Bernanke, and follow the dollar.
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The trend involves standing on your tip toes or pointing your feet like a Barbie doll.
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It's truly a wonderfully weird world around us.
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Nisha Gupta and Guddi Thapliyal set up Geek Monkey with an investment of Rs 1.5 lakh. Today it's worth Rs 2 crores.
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