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Thursday, 07/16/2015 8:16:10 AM

Thursday, July 16, 2015 8:16:10 AM

Post# of 18992
did anyone remember that A. Greenspan said way back when oil was high before 2008 that high oil price was just a blip? Looks like he called it exactly.

So when oil was high and now what has changed to cause this oil crash? Same with gold..They can store oil in tanks around the world on land and sea. That is a clue for oil but why is gold tanking? You can't store that stuff so easy I think it is the USA government.

Low interest rates and so called strong dollar. For about 6 years now the stock market here has run up on cheap fueled by the low interest rates. Same thing happened in the housing market. This is a bubble that is well over due to burst. When they raise the interest rates the first time look out below. All bubbles burst.