MW: Oil and copper price drops and rising gold signal double-dip recession
The price of oil has dropped in just a few weeks from over $85 a barrel to just over $71 today. That has caused some perma-bulls on Wall Street to claim that a falling oil price is the result of a rising U.S. dollar and amounts to a tax cut for consumers, which will help bring the economy out of its malaise.
But in truth the dollar hasn't increased in intrinsic value at all........
