Friday, December 11, 2009
Gold Continues To Fall as the Dollar strengthens. Dec 11 2009
As the dollar strengthens, gold prices continue to fall. Just a few weeks ago, gold price has hit new highs in excess of $1200 per ounce, but now gold bugs are worried the yellow metal might slip below $1100 per ounce, if not lower.
Robert Toll US Housing Market Coming Back
Robert Toll Says U.S. Housing Market Is `Coming Back'
Dec. 11 (Bloomberg) -- Robert Toll, chief executive officer of Toll Brothers Inc., talks with Bloomberg's Carol Massar about the outlook for the U.S. housing market. Toll Brothers is the largest U.S. luxury-home builder. (Source: Bloomberg)
Iraq set to auction oil fields
Dec 11 - Iraqi oil experts welcome the second round of bidding for service contracts on ten oil fields.
Iraq struck deals with consortiums led by energy giants Shell and CNPC over massive southern oil fields Friday, part of a two-day auction that seeks to dramatically boost the country's crude output. The successful bids from the Anglo-Dutch and Chinese giants kicked off the sale, which aims to catapult Iraq towards the top of the list of the world's oil producers.
Iraq strikes deals with Big Oil
Iraq struck deals with consortiums led by energy giants Shell and CNPC over massive southern oil fields Friday, part of a two-day auction that seeks to dramatically boost the country's crude output. The successful bids from the Anglo-Dutch and Chinese giants kicked off the sale, which aims to catapult Iraq towards the top of the list of the world's oil producers.
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