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Sunday, November 30, 2008

Oil, dollar set to drop more?
OPEC's failure to limit production means oil prices may keep dropping. That's good for consumers everywhere, but maybe less in the U.S., where the dollar is likely to drop further.

Bloomberg stories (cut & paste:)

Oil prices to drop
  http://www.bloomberg.com/apps/news?pid=20601087&sid=apFOpSUuBHFQ&refer=home

Gold bugs speculate against dollar
  http://www.bloomberg.com/apps/news?pid=20601087&sid=a3PMr8JZ4C0c&refer=home
Posted by Joseph N. DiStefano @ 5:31 PM  Permalink | Post a comment
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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