Commodities Rebound –

Stocks continued to decline at the end of the week but commodities started to rebound.  Growth projections for developing countries increased demand for raw materials.  Commodities advancing at the end of the trading week were silver, cooper, gold, and gasoline.  Gold finished the week at over $1,850 an ounce. 

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-08-19/commodities-led-by-oil-head-for-fourth-weekly-drop-gold-rises-to-record.html

Jim Sutliff

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