|
Copper Prices may rebound a little now but longer-term copper and steel project worldwide depression
Karen Rabke
Feb. 3, 2007
The merger mania in the Steel industry and hedge fund mania in Copper futures represent the current euphoria and biggest bubble ever since the end of Roman Empire. The outcome is evident. The whole world is thinking about economic growth and no one is talking about the collapse of economies especially the emerging markets.
The recent Mittal’s crazy deals matched by Tata’s gamble on Corus, is a classic example of Merger and Acquisition mania. We saw it in 1987. We saw the same in 1999-2000. The outcomes are evident if history is any guide. A collapse and substantial meltdown in the financial system is evident.
The way Hedge Funds chased copper future to historic highs are also remarkable. Copper bubble is burst. The prices will fall below where they''ve strated a few years back. The hosing bubble in America, the outsourcing craze in India and Chinese sense of becoming rich overnight are signs of trouble ahead.
SMART LIVING & INVST. ARTICLES
A new investment that is making new billionaires – the domain name trading
Alan Hershey
It is called cyber realty – the domain name trade. Buying domain names and filliping the same for a large profit can make you rich. READ MORE>>
Gold price depends on American tax cuts for the rich – gold prices can reach a new high this year as Bush vetoes any increase in tax by Democrats for the rich
Marla Guthrie
Gold is attractive as long as budget deficit is going to go up and tax cuts are going to stay in place for the rich. READ MORE>>
Euro-region inflation and manufacturing growth unexpectedly slowed in January – another sign of global depression in coming years
Fred Day
Japan, America and Euro-zone are in trouble. The manufacturing growth is falling. Inflation is tame and disinflation is taking over. The stagflation has transformed into sector specific deflation. READ MORE>>
Copper Prices may rebound a little now but longer-term copper and steel project worldwide depression
Karen Rabke
The hosing bubble in America, the outsourcing craze in India and Chinese sense of becoming rich overnight are signs of trouble ahead. READ MORE>>
Time has finally come to start shorting stocks worldwide - deflation driven crash inevitable within one year
Sam Adelton
The euphoria is spectacular. The bubble is bigger than ever in less than matured markets like India. The signs are ominous. The 1929 is all over again. Except there is one little difference. READ MORE>>
The dollar in some short-term trouble as economy looks South
Peter Oberois
The US Dollar chart is bullish for long term but in the short term it looks real bad. Most likely a nasty correction and a retest of the lows is waiting to happen. READ MORE>>
Do not get too excited with Factory Orders rise of 1.8% - the business confidence is dipping very fast
Special Correspondent
The real estate bubble. manufacturing recession, lack of pricing power, higher energy and raw material costs are all acting against business confidence. Businesses are not investing although infrastructure is getting older. READ MORE>>
MORE ARTICLES >>
|