* Crude falls to below $130 a barrel, sagging oil shares
* Dollar rises broadly after rise in April home sales.
... The dollar rose broadly after a report showed U.S. new home sales unexpectedly climbed in April...
... Spot gold prices fell more than 2 percent to the lowest level in a week on a stronger dollar and crude oil's sharp decline. Spot gold prices fell $19.60 to $908.50.
- MOST PEOPLE ARE NOT GETTING THE ABOVE GOOD ECONOMIC NEWS BECAUSE THE MSM FILTERS IT OUT, (AS THEY DO GOOD NEWS FROM IRAQ).
- I THINK THIS NEWS REINFORCES NY POSITION THAT OIL WILL SOON CRASH.
- ALL THAT NEEDS TO HAPPEN IS FOR THE MORBIDLY NEGATIVE PSYCHOLOGY OF THE GLOBAL AND US ECONOMIES TO SHIFT.
- GOOD NEWS CAN DO THIS, BUT MOST GOOD NEWS IS FILTERED OUT BY THE LEFT-WING MSM - WHO WANT THE ECONOMY TO BE BAD IN ORDER TO ELECT OBAMA.
- SO, IT WILL HAVE TO BE GOOD NEWS THAT THEY CAN'T FILTER OUT:
- PERHAPS ON NEWS THAT BIN LADEN IS CONFORMED DEAD.
- I AGREE WITH LEHMAN THAT OIL WILL FALL TO $70 BY THE END OF THE YEAR. THIS WILL FUEL - PUN INTENDED A BIG UPWARD SURGE OF THE US AND WORLD ECONOMIES.
No comments:
Post a Comment