Lifeless cash worth nothing – what can be expected from the crash on stockmarket

January 23, 2008 - 2:20am | author: lexus | |


1Today on January 21 the colour of pixels on the majority of world monitors turned to red. Financial planet was woken up by the crashed Japanese index that lost it’s position for -3,86% and has held the negative record for 2 years. Having weighted down all other asian platforms this Japanese dragon to 3.30 PM has dropped even Russian stockmarket for more than 7%.Such reaction of world stockmarkets can be explained by negative week at US trade platforms.

What effect will it have on virtual economy? Firstly, some metamorphosis in gold costs may occur and this means that all the owners of DGC-type e-currency can sink back with relax. Secondly, rise in gold prices can cause some reinforcement of dollar inflation, and whereupon there is a view that it’s not good to withdraw money into cash dollars. But now it’s too early to speak surely about market behaviour as it is greatly affected by fundamental factors.

Arthur Dunhill, Chief Editor of Ecommerce Journal



If You think this material contains information about your website or services, feel free to add our button to your project.


HTML Code:
<a href="http://ecommerce-journal.com/news/lifeless_cash_worth_nothing_what_can_be_expected_from_the_crash_on_stockmarket"><img src="http://ecommerce-journal.com/files/button.gif " border=0></a>

Subscribe to eCommerce-Journal



The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
  • Images can be added to this post.
  • Web and e-mail addresses are automatically converted into links.


Captcha Image: you will need to recognize the text in it.
Please type in the letters/numbers that are shown in the image above.