Categorie: Commodities
Submitted 4 months ago by
Rajiv
, An Investor...
at Bank Of Baroda....migrating to USA
Friends,I have written very categoricallhy that this crude speculation will burn many pockets and that is seen in the below news....I was hearing Fed Chief , Ben Bernanke that he does not think crude is going up on Speculations.I was surprised to hear that.But to makeup the loss in housing mortgage , US is playing with commodities and that seems to be the biggest blunder by USA as playing in commodities will make the whole wrold in deep recession which will even be wrose then 1929 depression..... Because the crude and commodities rally will take the steam off from their companies as well, like Airlines.....which I already wrote in my past post.....So Fin Insti gains will make other companies poorer and that will have even more bad effect in US economy....and world over.......<span st...
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Submitted 4 months ago by
Rajiv
, An Investor...
at Bank Of Baroda....migrating to USA
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