Commodity Blog

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USA Hurt Oil & Copper, Germany Helps Gold & Silver Posted: 19 Dec 2012 08:11 PM PST Crude oil and copper fell today on fears of an impasse in the discussion about avoiding the fiscal cliff in the United States. There are rumors that negotiations between President Barack Obama and Republican House Speaker John Boehner deteriorated. According to White House Communications Director Dan Pfeiffer, Obama said that Boehner's “plan B” would put “too big a burden on the middle class”. At the same time, gold and silver rallied on positive [...]

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