Tuesday, April 12, 2011

THE TEMPORARY ECONOMIC DOWN-TREND IN BOTH THE USA AND THE EUROPEAN MARKETS OVER THE LAST WEEKEND.

The price of crude oil per barrel has sank from the weekend high prices of $112.00 and $112.50 to the current price of $109.70 USA dollars in the world markets. This could mean crude oil supplies have been made available in both the European, the USA and the Asian markets to meet the rising high demands of crude oil in these industrial countries. However, the price of gold in the world markets has continued upwards to $1,427.40 signaling a no- inflation adjustment effort that consequently resulted in the temporary economic down trend in both the USA and in the European markets over the weekend.

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