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The price of crude oil like any other traded security is impacted by its supply and demand in the market. Crude can be traded through a brokerage house by opening an account with the brokerage firm.

The question now to address is that whether this is the right time to buy crude oil?

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The trading in crude oil thus reached a big hit, additional resources, because the number of suppliers has increased without any increase in demand. This resulted in a drastic fall in the price of the commodity. Because of this the firms are giving their clients a huge bargain by selling the crude oil at dearth cheap prices.

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The great depression of 1929 is also known as “Black Tuesday”. The Wall Street crash of 1929 is the greatest economic crisis the world has ever seen, it took several years to rebuild the economy after the crash. It left people starving and dying for foods, people became unemployed and even they had to sell out their house and business to pay back the debt of bank, that they had taken to buy shares. To know more click additional reading

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Investments are the key to success. The economic world, now is under the sensation of a cryptocurrency make over. Bitcoins are the best among them. The challenge lies in managing the market fluctuations. We have updated software systems such as the Bitcoin Trader to facilitate new comers in the investment field.

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If the 100 mark on Bitcoin Trader gets breached towards the downside then this indicates that the bearish trend is about to end and the bullish trend could start.

The indicator is also used to spot any divergence in trend. If the commodity price is making higher highs but the indictor is making lower highs then this could indicate a divergence.

Peter Cooper

Oxford-educated business journalist Peter Cooper has been a senior business editor in Dubai for the past 20 years and the author of three books, including the 2008 best-seller ‘Opportunity Dubai: Making a Fortune in the Middle East.’

He came to the region after an award-winning career in London journalism, first to launch the Gulf Business magazine and then headed up the editorial side of the AME Info website in the 2000s before it was sold to Emap plc. He was also editor of the ArabianMoney financial comment website.

Mr. Cooper is now available for editorial commissions as diverse as business books to articles and columns on precious metals, Dubai real estate, Dubai hotels and restaurants, business travel and tourism, company and personality profiles, global politics and economics.

Please use this email to contact him: peter.cooper@arabianmoney.net

His gold and silver articles now appear on www.gold-eagle.com.