Oil drops below $50 a barrel for the first time since April 2009....Saudi Arabia not letting up on price cuts as they ves out Russia and America....Keep your computers humming cause the dow also has dropped 308 points on concerns of the Euro Dollar being slashed do to deflation and the strengthening dollar. Expect to see deflation here n the US as commodity prices begin to tumble, and losses begin to amass like a freight train. The Fed is on the hook for $4.0 TRILLION dollars in Junk bonds tied to smaller banks across the country and some larger ones too, with guarantees on the Russian Oil Market made 2-3 years ago when they were #1 in oil production. Maturity of these bonds are coming do, and massive losses are expected as emerging markets collapse with investors....THE PERFECT STORM has arrived....for an anti christ system to be seated, and Russia to invade the middle east..stay tuned.
Posted on: Mon, 05 Jan 2015 20:54:27 +0000