Stocks, Bonds and Commodities Fall As Forecasts Show Double Dip Recession

October 01 00:00 2011

New York, October 1 (RainbowNewsLine.com) – The markets are already facing the heat of a downturn and odds are things are likely to get worse as time progresses. Almost all markets in the world have been in a state of downturn and there are prices falling everywhere. This can be attributed to forecasts which are confirming the fact that this could indeed be a double dip recession.

All data from all government agencies in the past few weeks and months have been negative. The consumer sales are flat. Unemployment rate is rising, inflation is rising, dollar is falling, and Euro may not exist!

The recession is actually perpetrating itself causing a downturn. For a recession to be caused people must only believe that a recession is on its way. Thus they stop making purchases which reduces demands which leads to job cuts which reduces demand even further creating a vicious cycle that causes one recession after another.

The only commodities that are expected to rise in this period are gold and silver. As more and more people lose faith in fiat money, these two metals are the only safe havens that act as stores of value. But if heavyweights like George Soros and Warren Buffet are to be believed, these are already in a massive bubble and will come crashing down.

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