Global Stock And Credit Crash Alert !

Posted on June 19, 2008. Filed under: News | Tags: , , |

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

Another prophet of Doom? The way things are moving with inflation sky rocketing in every part of the globe, it may well be a reality.

You may not believe this alert but it is better to be prudent and scale down your stocks holding and keep cash . Keeping cash may not be a very good option as everything that you need and want are going up too. Better to invest in gold or silver rather than paper money. If the situation worsens , even your gold and silver may not save you as who could buy your gold?

It is like being caught between the rock and the deep ocean . What can you do ? For those poor , it is a matter of survival and putting the food on the table.

The price of essential commodities are going up and in certain places , there is a shortage. We may all go back to the situation like the 1930’s Great Depressions.

Many business will fail and many people will be out of job. I dread to think of this scenerio as many are finding it hard to make ends meet.

Will it get more nasty? Many will have to change their lifestyles and do without many things which they have taken for granted.

Playing stocks is like gazing into the crystal ball and reading the future. There will be the bulls and the bears in the stock market.

Brace yourself with your soaring bills , the time bomb is ticking .

Is there a silver lining in these dark clouds?

There maybe some positive effects . We may have to go back to the basics in our living styles or back to the stone age. LOL!

Our requirements are just simple , food , clothings and a shelter.

Reference and thanks to;-

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/18/cnrbs118.xml

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[…] Original post by Financial Market News & Opinions, Forex, Stocks, Futures, Options | GraceCheng.com […]

[…] Buzz marketing wrote an interesting post today onHere’s a quick excerptThe Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. Another prophet of Doom? The way things are moving with inflation sky rocketing in every part of the globe, it may well be a reality. You may not believe this alert but it is better to be prudent and scale down your stocks holding and keep cash . Keeping cash may not be a very good option as everything that you need and want are going up too. Better to invest in gold or silver rather than paper money. If the situation worsens , even your gold and silver may not save you as who could buy your gold? It is like being caught between the rock and the deep ocean . What can you do ? For […] […]


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