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Zombie Banks & Gold Trigger

Published December 4, 2008, 8:02 pm, GoldSeek.com

The USGovt and financial system is growing deep commitments to support dead entities. Their business models have failed. They are bankrupt. Although with faulty business model, often laced with fraud, they have been fully adopted by the USGovt and US Federal Reserve.

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Oil steadies below $44

Published December 4, 2008, 8:00 pm, Philippine Daily Inquirer

SINGAPORE -- Oil was steady below $44 on Friday, at its lowest in almost four years, with eyes turning to the psychologically important $40 level as a widening economic slowdown gnaws into oil demand.

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Wall Street reacts calmly to more bad news

Published December 4, 2008, 7:58 pm, Delaware County Times

NEW YORK (AP) —   Wall Street showed further signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they've made for more than a week.

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Oil at 4-year lows below $44 on dire economic news

Published December 4, 2008, 7:55 pm, MSN Money Canada

SINGAPORE - Oil prices were steady near four-year lows below US$44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for global growth and demand for crude.

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Meralco cuts power rates; crude sinks further to $44

Published December 4, 2008, 7:52 pm, Manila Standard Today

MANILA Electric Co.’s generation cost will go down this month, to P4.58 a kilowatt hour from P5.03, and that will be reflected in its customers’ billings the same month, the company said yesterday.

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Oil at 4-year lows below $44 on dire economic news

Published December 4, 2008, 7:48 pm, Canadian Business

SINGAPORE - Oil prices were steady near four-year lows below US$44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for

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Oil at 4-year lows below $44 on dire economic news

Published December 4, 2008, 7:42 pm, The Post-Standard

SINGAPORE (AP) — Oil prices were steady near four-year lows below $44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for global growth and demand for crude.

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December 5, 2008 | 8:29 IST

Published December 4, 2008, 6:59 pm, India Infoline

US shares closed lower on Thursday, snapping a two-day winning streak, as the Big Three automakers repeated their plea for federal aid even and retailers reported dismal sales.

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05-12-2008:- US stocks, oil prices slide on economic worry

Published December 4, 2008, 6:49 pm, The Edge Daily

NEW YORK: US stocks dropped sharply and crude prices fell below US$44 a barrel on Dec 4 after dismal economic news on both sides of the Atlantic renewed worries about the severity of a global slowdown.

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Crude oil tumbles to nearly 4-year low below $44

Published December 4, 2008, 6:44 pm, People's Daily

Crude oil slid more than 6 percent to close below 44 U.S. dollars a barrel Thursday as the deepening recession exacerbated demand concerns. Light, sweet crude for January delivery tumbled 3.12 dollars to settle at 43.67 dollars a barrel on the New York Mercantile Exchange, which is the lowest level since January 2005. The oil market remains bearish as negative economic reports keep rolling out, ...

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