“It's a well-intentioned but wrong-headed policy. I think eventually hybrids would penetrate the fleet to a sufficient extent that carpool lanes will no longer be offering any advantage.”
“The dollar's long-term prospects are still in question as [oil prices] remain high and many areas in the [southern] United States have been left in turmoil in the wake of Hurricane Katrina.”
“Gold has found follow through buying in the post-COMEX and Asian sessions which has led it to a fresh 25-year high of $570.50/oz and in the current climate of inflationary concerns due to rising energy costs and geo-political uncertainties, particularly in the Middle-East, gold looks set to continue higher, targeting $575/oz and potentially $600/oz in the short-to medium term.”
“The general bullish tone still seen within the commodities sector as well as the lack of chart resistance looks set to push platinum to further highs in the coming sessions.”
“The firm start in the US might be the catalyst needed for a test of $575/oz, particularly with the IAEA due to reach its verdict on Iran which could mean sanctions and would not only heighten tension in the Middle East, but could create inflation concerns if oil output was curbed.”
