27 February 2008

Young Americans

The Euro soared to a record high just shy of $1.51 this morning while I was on the bus before falling back slightly but still settling above the $1.4967 it bought in late trading yesterday, which is equal to the last record high the Euro reached back in November.

Meanwhile gold nears $1,000 per ounce! while silver gained a 27-year high as the dollar's all- time low spurred demand for precious metals as a hedge against inflation. Palladium rose to the highest since 2001. Gold stands at around $967.70 per ounce right now.

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