Wednesday, February 23, 2011

Is The Euro A Safe-Haven?

Feb. 23 2011 | The Fast Money traders discuss whether the Euro is a safe bet.

Oil may hit $100 on Libya contagion fear

Crude oil is not very comfortable for India at USD 96 West Texas Intermediate (WTI) and Brent having crossed USD 100 per barrel. Jonathan Barratt, the Managing Director of Commodity Broking Services, told CNBC-TV18 says the Libyan situation highlights the growing concerns surrounding West Asia.

Gold and Silver continuing their safe haven rally

NEW YORK (TheStreet) -- Daniel Wills, research analyst at ETF Securities, says that recent inflows into their gold and silver ETFs show a shift in investor sentiment.Investors Turn to Gold and Silver ETFs
silver prices continuing their safe haven rally on Wednesday. Because gold indexes and the spot price up more than eight dollars joining me -- Daniel wills research analyst for ETF securities. And Daniel we have gold -- up you know 5% in February silver up. 17%. For the month. Have these metal run too far too fast.

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