The price of commodities has been steadily rising on global markets - creating something of a gold rush in Germany's Erz Mountains. After years in the doldrums, the mining industry there could be facing a brighter future.At least that is the hope of one entrepreneur who has opened a new mine in the state of Saxony and is now hoping to strike it rich, in an area known for its natural resources.
Report by Carmen Meyer.
Wednesday, November 10, 2010
Robert Zoellick, : Gold is The Elephant in The Room
Nov. 10 2010 | Gold is the "elephant in the room" that must be addressed by policymakers, as it's being used as an alternative monetary asset because of unease about the strength of developed economies, Robert Zoellick, president of the World Bank, told CNBC Wednesday.
Stephen Roach, How the Currency War Affects Gold
Nov. 9 2010 | Gold will lose some of its luster if we stand down on the currency war, said Stephen Roach, non-executive chairman, Asia of Morgan Stanley. He shares his thoughts on the precious metal, with CNBC's Martin Soong and Sri Jegarajah.
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