nickel

This tag is associated with 3 posts

Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?

By Michael Snyder If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time.  This is precisely what happened just before the great financial crisis of … Continue reading

Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy

By Michael Snyder Are much lower oil prices good news for the U.S. economy?  Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street.  Yes, lower gasoline prices are good news for the middle class.  I certainly would rather pay two dollars for a gallon of gas than … Continue reading

Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…

By Michael Snyder It isn’t just the price of oil that is collapsing.  The last time commodity prices were this low was during the immediate aftermath of the last financial crisis.  The Bloomberg Commodity Index fell to 110.4571 on Monday – the lowest that it has been since April 2009.  Just like junk bonds, industrial commodities are … Continue reading

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