Dreamteammoney.com | Crude Oil, Precious Metal, Gold, Silver, Commodities and FuturesA comprehensive forum for discussing futures and commodities trading; includes energies, light sweet crude, financials, grains, indices, meats, metals, softs, quotes, charts, opinions, polls, book store, crop weather, and news.Oil Drops Near $100 On Stronger Dollar- March 25, 2008 Oil Prices Fall to Near $100 a Barrel As Stronger US Dollar Prompts SellingSINGAPORE (AP) -- Oil prices fell to hover above $100 a barrel Tuesday as a stronger U.S. dollar made energy futures less attractive to investors.The greenback's advance Monday made dollar-denominated oil lose some of its recent appeal to investors.Many analysts believe the dollar's recent depreciation was the primary reason oil surged to a record near $112 a barrel last week, since oil and other commodities are seen as..http://www.dreamteammoney.com/index.php?showtopic=47592 Oil Drops On Worries About Weaker Demand- March 24, 2008 Oil Prices Drop More Than $1 Amid Concerns a Slowing US Economy Will Cut Crude DemandSINGAPORE (AP) -- Oil prices slipped more than $1 a barrel Monday as traders worried that the flagging U.S. economy would cause oil demand to soften.Oil's sharp decline started last week. Crude futures started plunging after the U.S. Federal Reserve-backed sale of Bear Stearns Cos. to JPMorgan Chase & Co. created fears of deeper economic problems. Prices dropped around 10 percent during the shortened trading...http://www.dreamteammoney.com/index.php?showtopic=47492 Gold Falls To 1-month Lows As Funds Cash In- March 20, 2008 Gold falls to 1-month lows as funds cash inSINGAPORE - Gold dropped more than 2 percent to its lowest level in a month on Thursday amid a broad-based sell off in commodities and as funds cashed in after pushing the metal to a record above $1,000 an ounce this week.Platinum, palladium and silver also dropped. New York's COMEX gold futures fell more than 3 percent to hit their lowest in more than four weeks, while Shanghai futures sank by their 5 percent limit.Gold <XAU=> hit an intraday...http://www.dreamteammoney.com/index.php?showtopic=47233 Commodities In A Recessiondepression- March 19, 2008 By Dr. Russell McDougalDear Reader,Those of us who believe our lying eyes instead of their cheating heart (see Part 3 of my D Word series) fully understand the depression concept. What does a severe economic downturn mean to the commodity sector Lets go there.The following question from IDE reader Linda sums it up nicely:Love your articles. No BS spin which the media continually gives us. If we really go into a depression, I believe we are rapidly heading that way, same as Japan, same...http://www.dreamteammoney.com/index.php?showtopic=47150 Oil Rebounds As Wall Street Rallies- March 18, 2008 Oil Rebounds As Investors Follow Wall Street Higher and Anticipate an Interest Rate CutNEW YORK (AP) -- Oil prices rebounded Tuesday as a rally on Wall Street and the prospect of a large interest rate cut drew buyers back to the futures market.Retail gas prices, meanwhile, slipped slightly for the second day in a row, while diesel prices rose further above $4 a gallon.Oil advanced as a rally in the stock market gave investors hope that the economy will weather the credit market problems that...http://www.dreamteammoney.com/index.php?showtopic=47076 Oil Rebounds Over $106 After Massive Fund Sell-off- March 18, 2008 SINGAPORE (Reuters) - Oil rebounded on Tuesday, but was five percent off its record peak of the previous day as investment funds capped their exposure to commodities in the face of crumbling global financial markets.U.S. crude rose 52 cents to $106.20 a barrel by 0043 GMT, after sliding $4.53 or 4.11 percent in its worst single day percentage decline in more than seven months to settle at $105.68.London Brent crude was 55 cents higher at $102.30 a barrel.World financial bourses tailspinned on...http://www.dreamteammoney.com/index.php?showtopic=47030 Oil Prices Tumble On Demand Worries- March 17, 2008 NEW YORK : World oil prices tumbled on Monday after briefly hitting new highs near 112 dollars a barrel as traders worried that the fallout from rising financial market turmoil will curb energy demand.New York's main oil contract, light sweet crude for delivery in April, plunged 4.53 dollars to close at 105.68 dollars. Earlier it had hit a record high of 111.80 dollars.In London, Brent North Sea crude for May delivery settled 4.45 dollars lower at 101.75 dollars per barrel.Earlier on Monday,...http://www.dreamteammoney.com/index.php?showtopic=46992 Oil Hits Record Over $111 A Barrel As Dollar Slumps- March 17, 2008 TOKYO (Reuters) - Oil jumped to a record above $111 a barrel on Monday, as a surprise weekend cut in the Federal Reserve discount rate and the fire sale of stricken U.S. investment bank Bear Stearns sent the dollar to all-time lows.Crude for April delivery was up 95 cents at $111.16 a barrel by 10:35 p.m. EDT, after hitting $111.42 earlier. May London Brent crude was 55 cents higher at $106.75 a barrel."The recent oil prices have been swayed by the currency moves, including this latest rally to.http://www.dreamteammoney.com/index.php?showtopic=46945 Oil Rises To New Record As Dollar Drops- March 17, 2008 Oil Prices Rise to All-Time High Above $111 As US Dollar SinksSINGAPORE (AP) -- Oil prices jumped to an all-time trading high Monday in Asia as the tumbling U.S. dollar and plunging stock markets prompted investors to seek shelter in commodities.Investors fled the dollar after a surprise move by the U.S. Federal Reserve on Sunday to provide cash to financially squeezed Wall Street investment houses pushed the battered greenback deeper into multiyear lows against the yen."The Fed's move overall..http://www.dreamteammoney.com/index.php?showtopic=46940 High Wheat Prices Raise Grocery Costs- March 15, 2008 Sticker Shock at the Grocery: Soaring Wheat Prices Mean More Expensive Food in Every AisleLUBBOCK, Texas (AP) -- If you think the cost of gassing up your car is outrageous, wait until you need to restock your pantry.The price of wheat has more than tripled during the past 10 months, making Americans' daily bread -- and bagels and pizza and pasta -- feel a little like luxury items. And baked goods aren't the only ones getting more expensive: Experts expect some 80 percent of grocery prices will..http://www.dreamteammoney.com/index.php?showtopic=46789 |