Overall, the market of cruse oil is beginning to drop which is going to take big to an affect on the foreign and domestic stock markets. As there is unrest in the middle east as some of the biggest oil companies as placed in Lybia for their oil. 'We are seeing a significant elevation in risk premiums, with investors revising their expectations for the region," said Hashem Montasser. This change will increase the security in gold and silver when people see the market is going the change the only place where people can actually secure their investment is in gold it may be rising and it surely will not go down. This ripple effect will also take a change in the commodities from the unrest in the middle east will change this market forever as no one can actually protect the investment of countries in oil as they increase.
http://www.bbc.co.uk/news/business-12619017
http://www.nytimes.com/2011/03/01/automobiles/autoshow/01geneva-auto-show.html?scp=2&sq=oil&st=cse
No comments:
Post a Comment