Category Archive: US Economy

Feb
05

Crude Oil might touch $98-$100 again

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On the New York Mercantile Exchange, light sweet crude futures for March settlement traded at USD96.08 a barrel during early U.S. trade falling 0.28%. Weakness in the U.S. dollar helped depress crude oil prices. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, gave back 0.06% …

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Permanent link to this article: http://www.wealthson.com/1790/crude-oil-might-again-touch-98

Jan
21

Letter from a Hedge Fund to its client on how the world financial markets could be in 2012

Dear Investors, When written in Chinese the word “crisis” is composed of two characters. One represents “danger”, and the other represents “opportunity”. This is the most accurate way I can express my thoughts and feelings about the coming year in the commodities markets. Volatile, unpredictable yet scattered with times of great opportunity. The prophecy of …

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Permanent link to this article: http://www.wealthson.com/1782/letter-from-a-hedge-fund-to-its-client-on-how-the-world-financial-markets-could-be-in-2012

Dec
16

50 Bizarre Economic facts about US

  The following are 50 economic numbers from 2011 that are almost too crazy to believe…. #1 A staggering 48 percent of all Americans are either considered to be "low income" or are living in poverty. #2 Approximately 57 percent of all children in the United States are living in homes that are either considered …

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Permanent link to this article: http://www.wealthson.com/1770/50-bizarre-economic-facts-about-us

Dec
07

Secret is out: Fed bailed out big banks with amount more the half of US GDP

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion …

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Permanent link to this article: http://www.wealthson.com/1768/secret-is-out-fed-bailed-out-big-banks-with-amount-more-the-half-of-us-gdp

Sep
26

Danger Map by Deutsche Bank identifies countries in financial stress

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Deutsche bank’s danger map is an representation of financial health of major developed and developing economies of the world. It allots scores on the basis of several financial criteria like Deregulation of lending,%of credit to GDP, Unemployment, interest rates, Exchange rate Volatility, etc. Map shows Greece, Ireland, Portugal and Spain under the danger zone among …

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Permanent link to this article: http://www.wealthson.com/1716/danger-map-by-deutsche-bank-identifies-countries-in-financial-stress

Sep
16

Bernanke has no idea where half a trillion dollars went

This is Ben Bernanke saying he has no idea where $500 Billion went after they were swap against Euro. Bernanke also failed to tell why the dollar exchange rates changed by 20% during the period when swap was taking place. Here is a video of nervous Bernanke. Hold on Mr. Chairman there is more to …

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Permanent link to this article: http://www.wealthson.com/1710/bernanke-has-no-idea-where-half-a-trillion-dollars-went

Sep
15

Will US peg Dollar to Gold again, China is afraid: Wikileaks

Wikileaks has uncovered a declassified cable from John Huntsman indicating China’s clear understanding of the growing tension and comprehension of the ability of the US to entirely destroy it economically with one swipe of the Presidential pen via a massive devaluation of the USD or repegging to gold. Evidently, while we may be used to …

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Permanent link to this article: http://www.wealthson.com/1708/will-us-peg-dollar-to-gold-again-china-is-afraid-wikileaks

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