Oil, commodities, and Euro drop sharply on Greek fear
Sam Adelton
May 23, 2012

Oil, gold, commodities in general and Euro's free fall signifies coming worldwide depression. This time the economic collapse will see a new dynamics in economic front - its call relative higher inflation due to collapse of debt structure and currencies across the globe.

US and China will be hit the least in the first phase of the collapse. Later US and China will lead the mega scale collapse.

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Gold, fell 1.8 per cent to $1,539.10 a troy ounce, while copper for three-month delivery on the London Metal Exchange fell 2.7 per cent to a four-month low of $7,524 a tonne.

It is expected the commodities will first fall freely as money will get out of commodities to support the debt structure collapse all over the world. later when market will find debt driven banks and financial institutions failed and currencies collapsed, commodities and gold will skyrocket to levels unimagined at this stage. This will accompany a deep worldwide depression that will linger more than a decade.

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