Silver Report Uncut
Mar 9, 2020
The collapse of oil prices will send the world into a global economic collapse. Oil has been crashing for some time now along with the S&P 500 and the Dow Jones. I was actually expecting sellers exhaustion to have set in by now but the crashing oil price has dropped the finishing move on global stock markets. The S&P 500 is already down 17% and approaching a bear market and world markets have crashed to such an extent they have halted selling until the market opens at 9:30. Dow futures have crashed 1,000 points and the S&P 500 limit down was 5% which was reached and all selling was essentially banned. For the S&P to lose 5% over a weekend is something not usually seen outside of a recession. Honestly, this is looking very bad.
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