Commodity oriented products not falling

Commodities & Currencies – March 15, 2009

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People are wondering why, if the economy is contracting, are commodity prices going up? It would stand to reason that if the economy was in bad shape and slowing, shouldn’t commodity prices fall too? There are a few reasons why commodity prices have not only held up, but are going up. The hoarding metals like gold and silver are holding strong and will trade in a range for awhile. This is because many people have not only lost faith and money in the stock market, but also in the housing market and want to make some back. They must be careful about buying and taking delivery of gold and silver as the prices could plummet when the Fed starts buying Treasury Notes.