Oil and gas were precious commodities in short supply.
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But as Colin Powell pointed out during a brief tour of Africa earlier in the year, money loves security and stability, and, in much of the continent, those commodities remain in short supply.
Bond trading made the situation seem dire, although it may well have been affected by investors fleeing the stock and commodities markets and parking their cash in short-term Treasury securities, fearing to trust banks in light of the current economic turmoil.
Wall Street is not looking forward to this possibility and many have moved into gold, silver and other commodities, or are building short dollar positions in the case of an eventual downgrade by any one of the three major rating agencies.
Market watchers said that seems to be the case in other markets besides precious metals, too, as prices for some commodities seem to be lower than fundamentally justified in the short-term.
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Bob Haberkorn, senior commodities broker, RJO Futures, said the short-term trend in gold is down, although longer term he still likes gold.
This could instantly solve the vexing shortage of spare human parts commodities that, in tribute to the surgeons' success, are in increasingly short supply.
Rogers, a long term commodities bull, told The Economic Times newspaper in India this week that gold prices were bound to correct short-term.
And other commodities have also been climbing in what has been a particularly strong year, though most prices still remain well short of levels seen during the commodities surge of 2007-08 that helped precipitate the global recession.
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