Lind eWire Newsletter ISSUE 609 | SEPT 2007
Feature Articles
- Know Your Options! Join our Online Strategy Sessions for Traders in October
- The Commodity Bull Market
ABCs of Futures
About Markets
Ask a Broker
Book of the Month
MF Global Research
Trader's Think Tank
Did You Know?
Gold futures surpassed their 2006 high of $732 an ounce. They are now at their highest price since 1980, when spot gold hit $850, futures hit $875, and, the Fed funds rate was 14% and prime rate near 20%. Through the centuries, gold's price has been tied to inflation, and a man's suit had been used as a barometer. At $20 an ounce, a man's suit cost $20.