into the commodities, what investors tell us what they feel about the economy and buying gold and silver tells us they re worried. gold is safe. investors are unsure of where the economy is headed so they want their money parked in something that s a sure bet. that s why gold hit a record of $1,284.40 an ounce. despite that, though, stocks set to rise today at the open. mostly because of some big gains in the tech sector. oracle shares up 4% in the pre-market. research in motion which make it is blackberry up 5%. both companies reported double digit percentage growth in profit and sales last quarter and shows that every day americans and businesses spending the money on technology and that will help the economy eventually. research in motion shipped record 12 million blackberries. wall street is worried people
Detailed text transcripts for TV channel - FOXNEWS - 20110725:20:23:15
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Detailed text transcripts for TV channel - FOXNEWS - 20110725:20:23:30
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marker, that is the date of the japan quake and tsunami. we saw it climb back up over the course of a month up until april 8th. april 8th gold hit a record as well as oil hitting a high of 113 per barrel. gold was 1473 per ounce. for oil that s a price not seen since 2008 by the way, then we saw the markets start to fall. here, new gold set a record around april 19th. 1,500 ads nounsed. that hit the psychological barrier as investors pushed more money into the safe haven. over the past few weeks we ve been talking about the euro zone and those debt fears there. that s been second shock waves to the markets. that s where we re at now. a quick look at australia s asx as well. we see a similar picture here. march 11th, the quake there. we see the highs in commodity prices, gold and oil, along with the euro zone debt fears as