Articles tagged "Obama"

Obama vs. Banks. What it means to you

Thursday, February 4th, 2010

If you fully understand what Obama is doing with the swashbuckling banks, you will note the financial world as we know it will never ever ever be the same. In May 2008, I wrote a column 1300 words long, which said that banks were at the heart of spikes in commodity prices such as oil, wheat, maize etc. That article was pretty much ignored by the investment companies who were making so much money off the back of it – until they weren’t. That was the day that oil plummeted and every other commodity with it.

Tags: banks, commodities, market, Obama, oil, speculative investments