Thanks bear,

The signs appear to be increasingly alarming.

I have been watching world oil demand more so than price, to get some idea of what is happening

World oil demand has fallen

Most people  agree the world is entering a recession, thus less oil demand

Your gold comment seems to be spot on

TO add fuel to the fire and confuse everybody, the Fed may be considering another QE

Currencies are now in a race to the bottom as int rate cuts come from all corners of the world

In other words the Fed and others are trying to get out ahead of the coming recession/depression

Will the Fed drop int rates further??

A short time ago that would have sounded crazy

I don't think it is such a crazy possibility today, with some 14 trillion or more of negative int rates in the world

Not looking good unless you have a pile of gold