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To: sagar

Gold lowest in years, oil still in decline


4 posted on 07/27/2015 8:02:23 PM PDT by Insigne123 (It is the soldier, not the community organizer, who gives us freedom of the press)
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To: Insigne123

“Gold lowest in years, oil still in decline”

Gold will be lowest in a generation and oil will be $12/barrel


8 posted on 07/27/2015 8:09:15 PM PDT by sagar
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To: Insigne123
Chinese are probably selling gold to generate cash to cover stock market losses. Borrowing money to buy stocks is a really bad idea. They will be selling lots of real estate in the US as well to cover their losses. That will depress housing prices will lots of new inventory being sold at distressed prices to move it quickly.
18 posted on 07/27/2015 9:56:37 PM PDT by Myrddin
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