Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Speculators are driving up and down US and global marketsAlbanian Minerals President and CEO Sahit Muja said "The US government need innovation in policies and tax system".
Albanian Minerals President and CEO Sahit Muja said "The US economic policies may have been effective in the past, the current structure of globalization and competition change the fundamental basis on which US will achieve economic prosperity in the future. In particular, economic and political strategies with the goal of U.S. dominance of global innovation or human capital supply may be outmoded". Albanian Minerals President and CEO Sahit Muja said "The US government need innovation in policies and tax system". The US has huge reserves of natural resources: Petroleum and natural gas, coal, metals and minerals, fish, forests, wildlife, abundant fresh water. The US has huge agriculture potential and plenty of wheat, livestock and meat, feed grains, oil seeds, dairy products, fruits, vegetables. Through the work of science and technology US has achieved enormous progress that make the world a better place. What causes the wild swings in the financial in US markets are hedge funds, too big to fail bank trading operations, and other speculators deciding to move the markets. They will short a market, attack with stories of investor concern, trigger computer-managed selling as the market reacts, cover their positions, go long, sell out when prices recover the next day when the “market” decides things aren’t as bad as the seemed the day before, and pocket multimillion dollar, or euro, gains from both the fall and subsequent rise in share prices. Albanian Minerals President and CEO Sahit Muja said "There is only stability in the stock market when the speculators are busy manipulating the currency or commodity futures markets. Anyone who thinks the “markets” reflect some globally shared view on actual economic activity is doomed" . Albanian Minerals New York # # # Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|