Biz/Finance   Technology   Travel   Sports   Health   Entertainment   Kids Corner

Oil, stocks and gold all will tumble because of US economy
Sam Adelton
Sep. 22, 2006

 

The US economy is so weak internaly that oil, stock and gold can all collapse in a commodity deflation driven mega trend.

Friday amid continuing concerns about the strength of the economy a day after weak manufacturing data. Oil prices fell below $61 a barrel.

The indications are clear now. The economy is US is tumbling. Some experts call it 'stealth collapse of economy''''. While the economic collapse is happening, so one can feel it because people continue to borrow to pay their bills.

House prices, consumer debt, under employment all are acting in concert to create the scenario of a classical collapse ninetenn thirties style except this time the scale in 100 time larger and scope is global.

The best indication comes from the oil markets. The oil market and its fast collapse show how much the world economies are weak.


BIZ/FINANCE ARTICLES

Oil, stocks and gold all will tumble because of US economy
Sam Adelton
The US economy is so weak internaly that oil, stock and gold can all collapse in a commodity deflation driven mega trend.
READ MORE>>

Attorney Generals of California and other states dertermined to make sure HP leak scandal do not repeat again in other companies - indictments eminent
Media Release
HP lost close to 4.3% of the stock price today and experts say it can lose 30% very fast if things do not look better soon.
READ MORE>>

SEC actions on hedge funds too late too little
Kirsten Henson
The hedge funds that pushed oil to eighties and made copper price go up by 500% are now in a total blood bath . SEC scrutiny of the same is too late and too little. SEC actions on hedgefunds may not make any bdifference at this stage.
READ MORE>>

Stocks declined Tuesday after a weak housing report outweighed data showing inflation remains relatively tame
Media Release
The producer price index fell 0.4% but the real nasty news came from housing starts that slumped 6% on top already collapse that btook place earlier in the year.
READ MORE>>

US Federal Reserve must lower the interest rates rapidly now to halt free falling US economy from a total catastrophic collapse
Sam Adelton
It seems like Japan in early nineties but in an accelerated mode. The biggest problem for the US economy as talked before is the real estate and heavy consumer debt. The Government debt is also a major problem as US economy rapidly shrinks.
READ MORE>>

The bubbles in India, China and price pattern in Gold and oil forecast worldwide depression with relatively high commodity inflation
Paula Harris
It is time for Federal Reserve in US to preempt fast and decisively now. They should not do what they did in 1987. They should lower the rates after the big stock market crash. It will be too late this time. It is time for them to act now.
READ MORE>>

10000 more at Ford to become unemployed as Ford heads towards bankruptcy
Media Release
No. 2 automaker to hasten and expand plant closings, trim a third of white-collar jobs and suspend dividend; still, stock tumbles as expected rebound to profitability delayed.
READ MORE>>

MORE ARTICLES >>

 

Close Window