Fearful of Nighttime Dark

A Poem: - Fearful of the approach of nighttime darkTo walk, to hide, to sleep, and waitFor the morning dawn of light and lies; Is there no escape from political pretense?Not for me, nor mine, the corporate bonus.We believed that to vote the system changes.It does! For the...

Latin America better girded for financial crisis

" Mexico City and Sao Paulo, Brazil - As leaders in Washington rushed to stem the growing financial crisis in the United States, Latin American leaders thought they'd be unscathed. Brazil's president, Luiz Inácio...

Busch: Hedge Funds/Commodities/Lending

" It's ironic how high oil prices contributed to the global slowdown and to the credit crunch. In commodities, greed and now fear have added their contribution to the massive deleveraging in the markets and destroyed value. Let's see how the Middle East performs now that...

Commodities Index Could Lose 40%: Analyst

" The commodity market is still very much pricing in a further slow down and the signs we're seeing at the moment suggest that the process is intensifying rather than diminishing," Roberts said while taking a technical look at the Goldman Sachs Commodities Index. The...

Oil near $82, Goldman cuts price forecasts

The people who are doing researching on oil are changed their view in one month earlier they are betting on 200$per barel now they are puting the price down like anything...." By Jane Merriman LONDON (Reuters) - Oil rose above $82 a barrel on Monday after governments...

Predicting a "Severe Bull Market" for Gold

The problem occurred because of false market valuations that occurred during a period of credit inflation. No single individual person or agency can solve the problem. No individual possesses the knowledge...

Calm before the storm, yet again? « Peter J. Cooper’s Weblog

" In this climate the assets to hold are commodities in general, and precious metals in particular. Gold managed an eight-fold increase in the late 70s while silver soared even higher. Do not be surprised if history repeats itself, and oil prices also stay high."

Oil soars as global financial turmoil continues

" Oil prices have jumped more than $25 a barrel to record their biggest ever one-day gain as US stocks took another beating amid the continuing global financial turmoil.  Uncertainty about what the US...

Answering the gold (and silver) price conundrum « Peter J. Cooper’s Weblog

"I am absolutely convinced that the answer to the gold and silver price conundrum is that the market this week is seeing liquidation of commodities by funds that urgently need cash for other reasons, such as margin calls, which is being balanced by physical buying of gold and...

Biggest Fall in Oil Since 2004

After worries that growing tensions between Russia and the US over Georgia could degenerate into a war led to higher prices this week there has been a big reversal, a fall in the price of oil of 5.4%. Conversely, the dollar is up."Crude oil prices fell more than 5.4 percent...

Oil rises to $116 on Russia-US tension

After falling from its record peak of  $147.27 a barrel last month, Price of crude oil has shot up again. Price of crude have been steadily gaining from  below $20 in early 2002. Price rise was fueled by  growing demand and...

India: Inflation touches new high of 11.91%

" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and...

New exchange for a new economic world order. Global Financial Market Summit ...

Deputy Chairman of the Monetary Authority of Singapore (MAS) and Minister of Trade and Industry, Mr. Lim Hng Kiang was the Guest of Honour at the Global Financial Market Summit 2008 where plans were announced to...

Fashion pirates find gold in stylish fakes

To good to be true... only for people who want to look "haute couture" " When stylish, metropolitan women stroll along with a Louis Vuitton Pleaty bag, they exude an air of high class, impeccable taste and...

Popularity drop sends 'a yellow light' to President

No body is perfect nor the president... It's not easy to rule a country with economic problems and the only way to regain people trust is to implement good governance..ode/173517"]The latest survey showing a steep...

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