As they drove to their house, instead of trees and a neighborhood, they saw a valley of metal and ash.

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For any given good, be it a metal lathe or a silicon-wafer saw, most potential buyers will not have access to a physical auction.

ECONOMIST: The new old thing

The precious yellow metal saw strong safe-haven investment demand after the U.S. got a credit downgrade late Friday and as the European Union attempts to contain its own escalating debt crisis.

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They saw it as helping with solutions and he went on to reframe IBM from a heavy metal maker to a service provider.

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Rates are going higher, however, and that will eventually have an impact, but as we saw from late 1979, the metal can still rise in the early phases of a tightening campaign.

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