Look out below Falling gold prices Predicted first by Marketing Sociologist

One week ago, Marketing Sociologist predicted gold prices would fall steeply in the near future. Check this report about oil from AP. These are some of the things a Marketing Sociologist studies to help clients make profits.

By ALEX KENNEDY, Associated Press Writer
“Oil prices drifted below $69 a barrel Monday in Asia as traders look to macroeconomic indicators this week for signs of improvement in the U.S. economy.

“Benchmark crude for August delivery slipped 40 cents to $68.76 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Friday, it fell $1.07 to settle at $69.16.

“Oil prices yo-yoed near $70 a barrel last week as investors mulled mixed signals on whether the U.S. economy, the world's largest, is poised to climb out of its worst recession in decades.”

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