OT: gold is out of valuation sink with real, metal commodities which have dropped severely because of a warp-speed drop in manufacturing demand needs...
Oil could eventually get price support with Opec cuts that are followed thru on...
The blow to the Oil speculator's bubble was no shortage when oil from gulf production stayed down so long...They tried to push the price higher but demand dropped even faster then after the initial shock...
The big oils and cheap,low cost small oil producers can survive lower prices...The question is who they are...LJ
OT: I'm no economist, but have been wondering when the chickens were coming home to roost. We've had the rest of the world loaning us money to keep or economy afloat and pay for our consumption and welfare state. It's going to get worse as citizens are becoming more and more dependent on government for basic needs.
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