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KQEH Nightly Business Report November 10, 2010

nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it s record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. jeff: susie, it s now four days in a row that gold continues to hit new records. today it closed at $1,410 an ounce. silver soared 5.5%, a new 30- year high, and platinum rose to its highest level in more than two years. susie: the forecast is for even higher prices. so what s going on? scott gurvey reports. reporter: the dollar goes down. gold goes up. its a standard rule of investing. but how does that explain corn and copper? crude and palladium? and even eggs. there actually are connections. start with the fed, buying securities to stimulate the economy. that lowers the value of the dollar, increasing t

WMPT Nightly Business Report November 10, 2010

tom hudson. nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it s record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. jeff: susie, it s now four days in a row that gold continues to hit new records. today it closed at $1,410 an ounce. silver soared 5.5%, a new 30- year high, and platinum rose to its highest level in more than two years. susie: the forecast is for even higher prices. so what s going on? scott gurvey reports. reporter: the dollar goes down. gold goes up. its a standard rule of investing. but how does that explain corn and copper? crude and palladium? and even eggs. there actually are connections. start with the fed, buying securities to stimulate the economy. that lowers the value of the dollar,

WETA Nightly Business Report November 10, 2010

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it s record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. jeff: susie, it s now four days in a row that gold continues to hit new records. today it closed at $1,410 an ounce. silver soared 5.5%, a new 30- year high, and platinum rose to its highest level in more than two years. susie: the forecast is for even higher prices. so what s going on? scott gurvey reports. reporter: the dollar goes down. gold goes up. its a standard rule of investing. but how does that explain corn and copper? crude and palladium? and even eggs. there actually are connections. start with the fed, buying securities to stimulate the economy. that lowers the value of the dollar, increasing the cost of commodities priced in dollars. it in

KQED Nightly Business Report November 10, 2010

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it s record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. jeff: susie, it s now four days in a row that gold continues to hit new records. today it closed at $1,410 an ounce. silver soared 5.5%, a new 30- year high, and platinum rose to its highest level in more than two years. susie: the forecast is for even higher prices. so what s going on? scott gurvey reports. reporter: the dollar goes down. gold goes up. its a standard rule of investing. but how does that explain corn and copper? crude and palladium? and even eggs. there actually are connections. start with the fed, buying securities to stimulate the economy. that lowers the value of the dollar, increasing the cost of commodities priced in dollars. it in

KQED Nightly Business Report November 10, 2010

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it s record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. jeff: susie, it s now four days in a row that gold continues to hit new records. today it closed at $1,410 an ounce. silver soared 5.5%, a new 30- year high, and platinum rose to its highest level in more than two years. susie: the forecast is for even higher prices. so what s going on? scott gurvey reports. reporter: the dollar goes down. gold goes up. its a standard rule of investing. but how does that explain corn and copper? crude and palladium? and even eggs. there actually are connections. start with the fed, buying securities to stimulate the economy. that lowers the value of the dollar, increasing the cost of commodities priced in dollars. it in

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