Saturday, April 16, 2011

THE USA ECONOMIC DOWNTREND CAN BE REVERSED.

Although the ceaseless increase in both gold and crude oil prices have been the indicators of a reversed economic performance, or rather the down trend in the world's recent economic down trend, particularly in the USA, Europe, Russia and some Asian countries, it does not mean that the world's major economy which has so far been the USA, has been on the path towards the down trend that may be regarded as hopeless because the down trend can be reversed by inflation adjustment, stimulus packages and markets, or businesses stimulation, when appropriate. The current gold price has reached the high of $1480.00 an ounce in the world markets and the price of crude oil per barrel has reached $110.22 in the world markets.

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