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Market Watch Saturday, May 17, 2008

Fool's gold
MAY 2008

Metals: Precious little supply


Boris Schmitz- Thiersen’s family has been selling jewelry in the same location in Cologne , Germany , for more than 100 years, with a brief sabbatical during World War II. Only in the past year, however, has he begun offering bracelets made of a peculiar white metal mined in South Africa . “It’s pure palladium,” he explains. “Pretty, isn’t it?”


Read Full Story >>

Treasury sparks debate

5/1/2008
By CHRISTINE BIRKNER AND DANIEL P. COLLINS

The U.S. Treasury Department made some waves on March 31 with the release of its “Blueprint for a Stronger Regulatory Structure,” and the tsunami for the futures and options industry was its recommendation to merge the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC). While several industry players applauded the Treasury’s study, those plaudits were usually a prelude to saying what is wrong with it.

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U.S. Futures Inc.

5/1/2008
By CHRIS MCMAHON

Now that the CME Group and Nymex officials have a definitive merger agreement, the CME Group removed two impediments to the deal by selling the CBOT metals complex to NYSE Euronext for an undisclosed sum on March 14.

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Reader Poll
With crude oil hitting all time highs, Congress is forcing the Bush Administration to quit adding to the Strategic Oil Reserve. Do you agree?



  

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